EX-12.1 8 a2156987zex-12_1.htm EXHIBIT 12.1

Exhibit 12.1

 

B & B B, Inc. (doing business as Virgin River Hotel/Casino/Bingo),

Virgin River Casino Corporation, CasaBlanca Resorts, LLC

(doing business as Oasis Resort & Casino) and

RBG, LLC (doing business as CasaBlanca Resort/Casino/Golf/Spa)

Computation of Ratio of Earnings to Fixed Charges

 

 

 

 

Year Ended December 31,

 

 

 

2000

 

2001

 

2002

 

2003

 

2004

 

 

 

(dollars in thousands)

 

Income (loss) before minority interest

 

$

13,483

 

$

2,231

 

$

1,078

 

$

2,078

 

$

4,514

 

Interest expense

 

4,468

 

5,583

 

8,500

 

7,853

 

7,587

 

Interest portion of rent expense

 

190

 

226

 

275

 

300

 

284

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings available for fixed charges

 

$

18,141

 

$

8,040

 

$

9,853

 

$

10,231

 

$

12,385

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense

 

4,312

 

5,375

 

8,276

 

7,488

 

7,274

 

Amortization of deferred financing costs

 

156

 

208

 

224

 

365

 

313

 

Interest component of rent expense

 

190

 

226

 

275

 

300

 

284

 

 

 

 

 

 

 

 

 

 

 

 

 

Total fixed charges

 

$

4,658

 

$

5,809

 

$

8,775

 

$

8,153

 

7,871

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

3.9

x

1.4

x

1.1

x

1.3

x

1.6

x