EX-12.1 2 chtr6302012ex-121.htm RATIO OF EARNINGS TO FIXED CHARGES CHTR 6.30.2012 EX - 12.1


Exhibit 12.1
 
CHARTER COMMUNICATIONS, INC AND SUBSIDIARIES
RATIO OF EARNINGS TO FIXED CHARGES CALCULATION
(In millions)
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2012
 
2011
 
2012
 
2011
Earnings
 
 
 
 
 
 
 
 
Loss before Income Taxes
 
$
(15
)
 
$
(26
)
 
$
(38
)
 
$
(57
)
Fixed Charges
 
227

 
243

 
466

 
478

Total Earnings
 
$
212

 
$
217

 
$
428

 
$
421

 
 
 
 
 
 
 
 
 
Fixed Charges
 
 

 
 

 
 
 
 
Interest Expense
 
$
220

 
$
232

 
$
447

 
$
456

Amortization of Debt Costs
 
5

 
9

 
15

 
18

Interest Element of Rentals
 
2

 
2

 
4

 
4

Total Fixed Charges
 
$
227

 
$
243

 
$
466

 
$
478

 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges (1)
 
—

 
—

 
—

 
—


(1)
Earnings for the three and six months ended June 30, 2012 were insufficient to cover fixed charges by $15 million and $38 million, respectively. Earnings for the three and six months ended June 30, 2011 were insufficient to cover fixed charges by $26 million and $57 million, respectively. As a result of such deficiencies, the ratios are not presented above.