Pyxus International (PYYX) 10-K 2002 FY Annual report

Exhibit 12
DIMON Incorporated and Subsidiaries
RATIO OF EARNINGS TO FIXED CHARGES
	Years Ended June 30
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(in thousands)	2002	2001	2000	1999	1998
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Pretax income from continuing operations……	$38,023	$34,540	$23,352	$(37,289)	$ 55,989
Distributed income of equity investees.....…….	930	223	4,041	7,039	1,575
Fixed charges……….………………………….	51,812	57,112	62,847	70,625	87,523
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Earnings………………………………………..	$90,765	$91,875	$90,240	$40,375	$145,087
Interest………………………………………….	$50,128	$55,908	$60,069	$68,897	$86,580
Amortization of charges and other……………...	1,684	1,204	2,778	1,728	943
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Fixed Charges…………………………………	$51,812	$57,112	$62,847	$70,625	$87,523
Ratio of Earnings to Fixed Charges…………	1.75	1.61	1.44	NA	1.66
Fixed Charges in Excess of Earnings………..	N/A	N/A	N/A	$30,250	N/A
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