EXHIBIT 12
AMERITRUCK DISTRIBUTION CORP. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In thousands)
(Unaudited)
Three Months Ended Six Months Ended
June 30, June 30,
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1997* 1996* 1997* 1996*
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Earnings:
Loss before income taxes and
extraordinary items $(9,374) $ (853) $(12,294) $ (641)
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Fixed charges:
Interest expense and amortization
of debt discount and premium on
all indebtedness 4,778 3,955 9,272 7,643
Portion of rent under long-term
operating leases representative
of an interest factor 718 434 1,401 760
Redeemable preferred stock dividend
requirements 23 - 23 -
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Total fixed charges 5,519 4,389 10,696 8,403
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Earnings (loss) before income taxes,
extraordinary items and fixed charges $(3,855) $3,536 $ (1,598) $7,762
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Ratio of earnings to fixed charges /(1)/ - - - -
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/(1)/ The Company's earnings were insufficient to cover fixed charges by
$9,374 and $853 for the three month periods ended June 30, 1997 and
1996. The Company's earnings were also insufficient to cover fixed
charges by $12,294 and $641 for the six month periods ended June 30,
1997 and 1996.
* Comparisons between periods are affected by acquisitions - see Note 2
contained in the unaudited Notes to Consolidated Financial Statements.