EX-12.1 5 file5.htm STATEMENT REGARDING COMPUTATION OF RATIOS

Exhibit 12.1

VIACOM INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDEND REQUIREMENTS
(Tabular in millions except ratios)


  Six Months
Ended June 30,
2006
Twelve Months Ended
December 31,
  2005 2004 2003 2002 2001
Earnings before income taxes $ 1,089.5
$ 2,318.3
$ 2,244.2
$ 1,956.2
$ 1,671.7
$ 1,056.8
Add:  
 
 
 
 
 
Distributions from affiliated companies 5.9
44.5
16.3
36.0
35.6
54.3
Interest expense, and amortization of debt discount on indebtness 223.8
23.0
24.2
23.2
40.9
39.2
Capitalized interest amortized
1/3 of rental expense 32.0
46.9
32.7
29.6
28.5
23.3
Total Earnings $ 1,351.2
$ 2,432.7
$ 2,317.4
$ 2,045.0
$ 1,776.7
$ 1,173.6
Fixed charges:  
 
 
 
 
 
Interest expense, and amortization of debt discount on indebtness $ 223.8
$ 23.0
$ 24.2
$ 23.2
$ 40.9
$ 39.2
1/3 of rental expense 32.0
46.9
32.7
29.6
28.5
23.3
Total fixed charges $ 255.8
$ 69.9
$ 56.9
$ 52.8
$ 69.4
$ 62.5
Preferred Stock dividend requirements
Total fixed charges and Preferred Stock dividend requirements $ 255.8
$ 69.9
$ 56.9
$ 52.8
$ 69.4
$ 62.5
Ratio of earnings to fixed charges 5.3x 34.8x 40.7x 38.7x 25.6x 18.8x
Ratio of earnings to combined fixed charges and Preferred Stock dividend requirements 5.3x 34.8x 40.7x 38.7x 25.6x 18.8x