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Previous: HEAFNER TIRE GROUP INC, 10-Q, EX-11, 2000-11-14 |
Next: HEAFNER TIRE GROUP INC, 10-Q, EX-27.1, 2000-11-14 |
<PAGE> 1
EXHIBIT 12.1
HEAFNER TIRE GROUP, INC.
STATEMENT REGARDING: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
AND PREFERRED STOCK DIVIDENDS
(AMOUNTS IN THOUSANDS, EXCEPT RATIO AMOUNTS)
<TABLE>
<CAPTION>
3 MONTHS 3 MONTHS 9 MONTHS 9 MONTHS
ENDED ENDED ENDED ENDED
SEPTEMBER 30, SEPTEMBER 30, SEPTEMBER 30, SEPTEMBER 30,
2000 1999 2000 1999
(UNAUDITED) (UNAUDITED) (UNAUDITED) (UNAUDITED)
------------- ------------- ------------- -------------
<S> <C> <C> <C> <C>
Consolidated pretax income (loss) from
continuing operations...................... 14 (2,844) (8,050) (2,846)
Interest..................................... 7,003 5,622 18,979 16,310
Interest portion of rent expense............. 3,219 2,267 8,653 6,770
------ ------ ------ ------
EARNINGS..................................... 10,236 5,045 19,582 20,234
====== ====== ====== ======
Interest..................................... 7,003 5,622 18,979 16,310
Interest portion of rent expense............. 3,219 2,267 8,653 6,770
------ ------ ------ ------
FIXED CHARGES................................ 10,222 7,889 27,632 23,080
====== ====== ====== ======
RATIO OF EARNINGS TO FIXED CHARGES........... 1.00 -- -- --
====== ====== ====== ======
</TABLE>
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