EX-12.1 39 a12-11759_1ex12d1.htm EX-12.1

Exhibit 12.1

 

Monitronics International Inc.

Computation of Ratio of Earnings to Fixed Charges

 

 

 

 

 

Dec 17 - Dec 31,

 

Jul 1 - Dec 16,

 

Fiscal Year Ended June 30,

 

 

 

12/31/2011

 

2010

 

2010

 

6/30/2010

 

6/30/2009

 

6/30/2008

 

 

 

Successor

 

Predecessor

 

Predecessor

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-tax income from continuing operations

 

(3,487

)

(4,121

)

5,151

 

2,066

 

(54,452

)

(83,522

)

Capitalized interest

 

 

 

 

 

 

 

Depreciation of capitalized interest

 

 

 

 

 

 

 

Adjusted pre-tax income from continuing operations

 

(3,487

)

(4,121

)

5,151

 

2,066

 

(54,452

)

(83,522

)

Fixed charges

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest on long-term and short-term debt (1)

 

42,655

 

1,837

 

9,394

 

19,139

 

24,925

 

54,034

 

Capitalized interest

 

 

 

 

 

 

 

Rental expenses representative of an interest factor

 

622

 

23

 

267

 

582

 

580

 

582

 

Total fixed charges

 

43,277

 

1,860

 

9,661

 

19,721

 

25,505

 

54,616

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-tax income from continuing operations plus fixed charges

 

39,790

 

(2,261

)

14,812

 

21,787

 

(28,947

)

(28,906

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RATIO OF EARNINGS TO FIXED CHARGES

 

 

 

1.5

 

1.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deficit

 

3,487

 

4,121

 

 

 

54,452

 

83,522

 

 


(1) includes amortization of deferred financing costs and debt discount