1 WERNER HOLDING CO. (PA), INC. EXHIBIT 12 Historical Pro-Forma ----------------------------------------------------------------------- Year Ended December 31, December 31, ----------------------------------------------------------------------- Computation of Ratio of Earnings of Fixed Charges 1993 1994 1995 1996 1997 1997 ---- ---- ---- ---- ---- ---- Pre-tax income (loss) from continuing operations $16,673 $19,116 $12,020 $29,348 ($89,793) ($109,300) Amortization of Capitalized Interest 9 24 33 60 126 126 Less: capitalized interest during period (180) (111) (319) (685) (282) (282) ---------------------------------------------------------------------- 16,502 19,029 11,734 28,723 (89,949) (109,456) Fixed Charges: Interest expense 6,645 5,461 7,206 7,517 8,979 31,900 Capitalized Interest 180 111 319 685 282 282 Estimated interest portion of rentals 1,414 1,563 1,874 1,869 1,640 1,640 ----------------------------------------------------------------------- Total Fixed Charges 8,239 7,135 9,399 10,071 10,901 33,822 Earnings used in ratio computation 24,741 26,164 21,134 38,793 (79,048) (75,634) Ratio of Earnings of Fixed Charged (a) 3.0 3.7 2.2 3.9 - - ====================================================================== (a) The ratio of earnings to fixed charges is determined by dividing the sum of earnings before extraordinary items, interest expense including amortization of deferred financing costs, taxes, amortization of capitalized interest and a portion of rent expense representative of interest, by the sum of interest including amortization of deferred financing costs, capitalized interest, and a portion of rent expense representative of interest. The ratio of earnings to fixed charges is not meaningful for periods that results in a deficit. For the historical and proforma year ended December 31, 1997, the deficit of earnings to fixed charges was $89,949 and $109,456, respectively.