EXHIBIT 12
AMERITRUCK DISTRIBUTION CORP. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In thousands, except ratio amounts)
(unaudited)
Twelve Months Ended December 31
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1993 1994 1995 1996 1997
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Earnings:
Income (loss) before income taxes
and extraordinary items $ 3,551 $ 5,431 $ 5,677 $ (1,892) $(17,274)
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Fixed charges:
Interest expense and amortization of debt
discount and premium on all indebtedness 3,783 3,422 4,993 16,677 21,015
Portion of rent under long-term operating
leases representative of an interest
factor 306 309 573 1,658 3,429
Preferred stock dividend requirements of
consolidated subsidiaries 1,224 1,486 188 - -
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Total fixed charges 5,313 5,217 5,754 18,335 24,444
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Earnings before income taxes, extraordinary
items and fixed charges 8,864 10,648 11,431 16,443 7,170
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Ratio of earnings to fixed charges 1.67x 2.04x 1.99x * *
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* The Company's earnings were insufficient to cover fixed charges by
$17,274 and $1,892 for the years ended December 31, 1997 and 1996,
respectively.