EX-12.1 5 chtr12312016exh-121.htm EXHIBIT 12.1 Exhibit


Exhibit 12.1
CHARTER COMMUNICATIONS, INC AND SUBSIDIARIES
RATIO OF EARNINGS TO FIXED CHARGES CALCULATION
(In millions)
 
 
 
 
 
 
 
 
 
 
 
Year Ended December 31,
 
2016
 
2015
 
2014
 
2013
 
2012
Earnings
 
 
 
 
 
 
 
 
 
Income (loss) before Noncontrolling Interest and Income Taxes
$
820

 
$
(331
)
 
$
53

 
$
(49
)
 
$
(47
)
Fixed Charges
2,520

 
1,316

 
920

 
854

 
914

Total Earnings
$
3,340

 
$
985

 
$
973

 
$
805

 
$
867

 
 
 
 
 
 
 
 
 
 
Fixed Charges
 

 
 

 
 

 
 

 
 
Interest Expense
$
2,468

 
$
1,285

 
$
890

 
$
824

 
$
883

Amortization of Debt Costs
31

 
21

 
21

 
22

 
24

Interest Element of Rentals
21

 
10

 
9

 
8

 
7

Total Fixed Charges
$
2,520

 
$
1,316

 
$
920

 
$
854

 
$
914

 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges (1)
1.33

 
—

 
1.06

 
—

 
—


(1)
Earnings for the years ended December 31, 2015, 2013 and 2012 were insufficient to cover fixed charges by $331 million, $49 million and $47 million, respectively. As a result of such deficiencies, the ratios are not presented above.