EX-12.1 12 y44579tkex12-1.txt COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES 1 EXHIBIT 12.1 CHARTER COMMUNICATIONS, INC. RATIO OF EARNINGS TO FIXED CHARGES CALCULATION
CHARTER COMMUNICATIONS PROPERTIES HOLDINGS, LLC CHARTER COMMUNICATIONS, INC. ---------------------------- ---------------------------------- 1/1/98 12/24/98 THROUGH THROUGH 1996 1997 12/23/98 12/31/98 1999 2000 ------- ------- -------- -------- --------- ----------- (IN THOUSANDS) (IN THOUSANDS) EARNINGS Loss before income taxes and minority interest............... $(2,723) $(4,623) $(17,222) $(5,277) $(637,806) $(2,054,945) Fixed Charges..................... 4,442 5,160 17,347 2,390 480,649 1,063,868 ------- ------- -------- ------- --------- ----------- Earnings.......................... $ 1,719 $ 537 $ 125 $(2,887) $(157,157) $ (991,077) ======= ======= ======== ======= ========= =========== FIXED CHARGES Interest Expense.................. $ 4,415 $ 4,997 $ 17,010 $ 2,353 $ 467,499 $ 1,033,505 Amortization of Debt Costs........ -- 123 267 -- 10,300 25,625 Interest Element of Rentals....... 27 40 70 37 2,850 4,738 ------- ------- -------- ------- --------- ----------- Total Fixed Charges............... $ 4,442 $ 5,160 $ 17,347 $ 2,390 $ 480,649 $ 1,063,868 ======= ======= ======== ======= ========= =========== Ratio of Earnings to Fixed Charges(1)...................... -- -- -- -- -- -- ======= ======= ======== ======= ========= ===========
--------------- (1) Earnings for the years ended December 31, 1996 and 1997, for the periods from January 1, 1998 through December 23, 1998 and from December 24, 1998 through December 31, 1998 and for the years ended December 31, 1999 and 2000 were insufficient to cover fixed charges by $2,723, $4,623, $17,222, $5,277, $637,806 and $2,054,945, respectively. As a result of such deficiencies, the ratios are not presented.