Exhibit 12 Collins & Aikman Corporation Computation of Ratio of Earnings to Fixed Charges (dollar amounts in thousands) Six Months Fiscal Year Ending January Ended 1991 1992 1993 1994 1995 July 29, 1995 Earnings: Income (loss) from continuing operations before income taxes ($52,907) ($ 61,382) ($48,497) ($162,048) $ 87,283 $ 50,534 Add: Interest expense-continuing operations 123,820 115,273 114,879 115,725 82,124 25,358 Interest component of rental expense-continuing operations 5,310 5,018 6,318 6,406 6,688 3,032 Loss on sale of receivables - - - - 7,616 4,637 Preferred stock dividends of subsidiary 4,515 4,515 4,514 4,533 2,258 - 80,738 63,424 77,214 (35,384) 185,969 83,561 Fixed Charges: Interest expense-continuing operations 123,820 115,273 114,879 115,725 82,124 25,358 Interest expense-discontinued operations 33,493 26,188 23,389 19,334 - - Loss on sale of receivables - - - - 7,616 4,637 Preferred stock dividends of subsidiary 4,515 4,515 4,514 4,533 2,258 - Interest component of rental expense- continuing operations 5,310 5,018 6,318 6,406 6,688 3,032 Interest component of rental expense- discontinued operations 10,789 9,028 9,738 7,029 667 430 177,927 160,022 158,838 153,027 99,353 33,457 Fixed charges in excess of earnings ($ 97,189) ($ 96,598) ($ 81,624) ($188,411) Ratio (N/A) (N/A) (N/A) (N/A) 1.9 2.5 For purposes of determining the ratio of earnings to fixed charges, earnings are defined as income (loss) from continuing operations before income taxes, plus fixed charges relating to continuing operations. Fixed charges consist of interest expense on all indebtedness (including amortization of deferred debt issuance costs), loss on sale of receivables, preferred stock dividends of subsidiaries and the portion of operating lease rental expense that is representative of the interest factor. Earnings were inadequate to cover fixed charges for the fiscal years ending January 1991 through 1994.