EX-12.1 9 chtrex-121.htm EXHIBIT 12.1 CHTR EX - 12.1


Exhibit 12.1
 
CHARTER COMMUNICATIONS, INC AND SUBSIDIARIES
RATIO OF EARNINGS TO FIXED CHARGES CALCULATION
(In millions)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Predecessor
 
Successor
 
 
 
 
 
 
 
Predecessor
 
January 1
 
December 1
 
Combined
 
Successor
 
Year Ended December 31,
 
through November 30,
 
through December 31,
 
Year Ended December 31,
 
 
2007
 
2008
 
2009
 
2009
 
2009
 
2010
 
2011
Earnings
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (Loss) before Noncontrolling Interest and Income Taxes
 
$
(1,318
)
 
$
(2,550
)
 
$
9,748

 
$
10

 
$
9,758

 
$
58

 
$
(70
)
Fixed Charges
 
1,868

 
1,912

 
1,315

 
69

 
1,384

 
885

 
970

Total Earnings
 
$
550

 
$
(638
)
 
$
11,063

 
$
79

 
$
11,142

 
$
943

 
$
900

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges
 
 

 
 

 
 

 
 

 
 

 
 

 
 
Interest Expense
 
$
1,831

 
$
1,872

 
$
999

 
$
68

 
$
1,067

 
$
853

 
$
926

Interest Expense Included Within Reorganization Items, Net
 
—

 
—

 
289

 
—

 
289

 
—

 
—

Amortization of Debt Costs
 
30

 
33

 
21

 
—

 
21

 
24

 
37

Interest Element of Rentals
 
7

 
7

 
6

 
1

 
7

 
8

 
7

Total Fixed Charges
 
$
1,868

 
$
1,912

 
$
1,315

 
$
69

 
$
1,384

 
$
885

 
$
970

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges (1)
 
—

 
—

 
8.41

 
1.14

 
8.05

 
1.07

 
—


(1)
Earnings for the years ended December 31, 2007, 2008, and 2011 were insufficient to cover fixed charges by $1.3 billion, $2.6 billion, and $70 million, respectively. As a result of such deficiencies, the ratios are not presented above.