EX-12.1 4 chtr12312014exh-121.htm EXHIBIT 12.1 CHTR 12.31.2014 EXH - 12.1


Exhibit 12.1
CHARTER COMMUNICATIONS, INC AND SUBSIDIARIES
RATIO OF EARNINGS TO FIXED CHARGES CALCULATION
(In millions)
 
 
 
 
 
 
 
 
 
 
 
Year Ended December 31,
 
2014
 
2013
 
2012
 
2011
 
2010
Earnings
 
 
 
 
 
 
 
 
 
Income (loss) before Income Taxes
$
53

 
$
(49
)
 
$
(47
)
 
$
(70
)
 
$
58

Fixed Charges
920

 
854

 
914

 
970

 
885

Total Earnings
$
973

 
$
805

 
$
867

 
$
900

 
$
943

 
 
 
 
 
 
 
 
 
 
Fixed Charges
 

 
 

 
 
 
 
 
 
Interest Expense
$
890

 
$
824

 
$
883

 
$
926

 
$
853

Amortization of Debt Costs
21

 
22

 
24

 
37

 
24

Interest Element of Rentals
9

 
8

 
7

 
7

 
8

Total Fixed Charges
$
920

 
$
854

 
$
914

 
$
970

 
$
885

 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges (1)
1.06

 
—

 
—

 
—

 
1.07


(1)
Earnings for the years ended December 31, 2013, 2012 and 2011 were insufficient to cover fixed charges by $49 million, $47 million and $70 million, respectively. As a result of such deficiencies, the ratios are not presented above.