EX-12 2 amcx-12312016xex12.htm EXHIBIT 12 Exhibit
Exhibit 12


AMC NETWORKS INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
 
 
Years Ended December 31,
 
2016
 
2015
 
2014
 
2013
 
2012
Earnings:
 
 
 
 
 
 
 
 
 
Income from continuing operations before income taxes
$
454,825

 
$
582,794

 
$
397,028

 
$
469,001

 
$
222,274

Fixed charges
133,437

 
136,748

 
137,890

 
121,073

 
132,716

Total earnings as adjusted
$
588,262

 
$
719,542

 
$
534,918

 
$
590,074

 
$
354,990

Fixed Charges:
 
 
 
 
 
 
 
 
 
Interest Expense (*)
$
123,632

 
$
128,135

 
$
130,262

 
$
115,860

 
$
127,778

Portion of rents representative of an interest factor
9,805

 
8,613

 
7,628

 
5,213

 
4,938

Total fixed charges
$
133,437

 
$
136,748

 
$
137,890

 
$
121,073

 
$
132,716

Ratio of Earnings to Fixed Charges
4.4

 
5.3

 
3.9

 
4.9

 
2.7

 
(*)
Interest expense includes the amortized premiums, discounts and capitalized expenses related to indebtedness.