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Exhibit 12.1
VOLUME SERVICES AMERICA, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(IN THOUSANDS)
39 Weeks Ended
1998 1999 2000 2001 2002 10/1/02 9/30/03
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Income (loss) from continuing operations
before income taxes, extraordinary
item and cumulative effect of change
in accounting principle (2,220) (6,068) (5,507) (4,032) 4,309 7,305 7,327
Add Fixed Charges:
Interest Expense (excluding capitalized) 10,771 21,554 25,066 21,998 19,311 14,588 13,955
Amortization of loan costs 551 1,475 1,511 1,431 1,431 1,073 1,073
Interest factor in rents 338 643 878 812 865 629 600
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Total earnings as defined 9,440 17,604 21,948 20,209 25,916 23,595 22,955
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Fixed Charges:
Interest Expense 10,771 21,554 25,066 21,998 19,311 14,588 13,955
Amortization of loan costs 551 1,475 1,511 1,431 1,431 1,073 1,073
Interest factor in rents 338 643 878 812 865 629 600
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11,660 23,672 27,455 24,241 21,607 16,290 15,628
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11,322 23,029 26,577 23,429 20,742 15,661 15,028
Ratio of Earnings to Fixed Charges -- -- -- -- 1.20 1.45 1.47
Deficiency in the coverage of fixed charges (2,220) (6,068) (5,507) (4,032) -- -- --
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