EX-12 2 amcx-12312013xex12.htm EXHIBIT 12 AMCX - 12.31.2013 - Ex 12
Exhibit 12


AMC NETWORKS INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
 
 
Years Ended December 31,
 
2013
 
2012
 
2011
 
2010
 
2009
Earnings:
 
 
 
 
 
 
 
 
 
Income from continuing operations before income taxes
$
469,001

 
$
222,274

 
$
210,610

 
$
206,262

 
$
158,954

Fixed charges
121,073

 
132,716

 
100,307

 
79,921

 
84,471

Total earnings as adjusted
$
590,074

 
$
354,990

 
$
310,917

 
$
286,183

 
$
243,425

Fixed Charges:
 
 
 
 
 
 
 
 
 
Interest Expense (*)
$
115,860

 
$
127,778

 
$
95,870

 
$
75,800

 
$
79,778

Portion of rents representative of an interest factor
5,213

 
4,938

 
4,437

 
4,121

 
4,693

Total fixed charges
$
121,073

 
$
132,716

 
$
100,307

 
$
79,921

 
$
84,471

Ratio of Earnings to Fixed Charges
4.9

 
2.7

 
3.1

 
3.6

 
2.9

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