EX-12.1 2 rgc201410kexhibit121.htm EXHIBIT 12.1 RGC 2014 10K Exhibit 12.1
Exhibit 12.1

Regal Entertainment Group
Ratio of Earnings to Fixed Charges
(in millions, except ratios)

 
 
Year Ended
12/30/2010
 
Year Ended
12/29/2011
 
Year Ended
12/27/2012
 
Year Ended
12/26/2013
 
Year Ended
1/1/2015
Pretax Income
 
$
120.0

 
$
52.0

 
$
231.7

 
$
264.6

 
$
178.6

Fixed Charges
 
 
 
 
 
 
 
 
 
 
Interest Expense, net of capitalized interest
 
144.1

 
147.7

 
133.7

 
139.1

 
124.7

Interest Capitalized
 
—

 
0.1

 
0.2

 
0.2

 
0.2

Amortization of Debt Costs
 
6.9

 
4.0

 
3.6

 
4.5

 
4.8

One-third of Rent Expense
 
127.4

 
127.2

 
128.1

 
137.9

 
141.1

Total Fixed Charges
 
278.4

 
279.0

 
265.6

 
281.7

 
270.8

Earnings
 
398.4

 
331.0

 
497.3

 
546.3

 
449.4

Ratio of Earnings to Fixed Charges
 
1.4x

 
1.2x

 
1.9x

 
1.9x

 
1.7x

Rent Expense
 
$
382.3

 
$
381.5

 
$
384.4

 
$
413.6

 
$
423.4