ACCO Brands (ACCO) S-4 Registration of securities issued in business combination transactions

Exhibit 12.1

ACCO Brands Corporation

Computation of Ratio of Earnings to Fixed Charges

(Unaudited)

	For the year ended December 31,
	2012			2011			2010			2009			2008
	(in millions of dollars, except ratios)
Earnings:
Income (loss) from continuing operations before income taxes	$	(4.4	)	$	42.9		$	38.5		$	7.2		$	(239.3	)
Add (deduct):
Fixed charges	96.1			83.9			85.4			74.5			70.8
Capitalized interest	(0.2		)	(0.2		)	(0.2		)	—			(0.5		)
Equity in earnings of joint ventures	(8.9		)	(8.5		)	(8.3		)	(4.4		)	(6.5		)
Distributed income of earnings of joint ventures	11.9			5.6			5.4			0.3			9.4
Total earnings (loss) available for fixed charges	$	94.5		$	123.7		$	120.8		$	77.6		$	(166.1	)
Fixed charges:
Interest expense and amortization of debt discount	$	89.2		$	77.2		$	78.2		$	67.1		$	63.7
Capitalized interest	0.2			0.2			0.2			—			0.5
Rental expense—interest component(a)	6.7			6.5			7.0			7.4			6.6
Total fixed charges	$	96.1		$	83.9		$	85.4		$	74.5		$	70.8
Ratio of earnings to fixed charges	—			1.5			1.4			1.0			—
Extent of deficiency	$	(1.6	)										$	(236.9	)

(a)30% of rent expense is deemed to be representative of interest.