EX-12 3 amcx-12312014xex12.htm EXHIBIT 12 AMCX - 12.31.2014 - Ex 12
Exhibit 12


AMC NETWORKS INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
 
 
Years Ended December 31,
 
2014
 
2013
 
2012
 
2011
 
2010
Earnings:
 
 
 
 
 
 
 
 
 
Income from continuing operations before income taxes
$
397,028

 
$
469,001

 
$
222,274

 
$
210,610

 
$
206,262

Fixed charges
137,814

 
121,073

 
132,716

 
100,307

 
79,921

Total earnings as adjusted
$
534,842

 
$
590,074

 
$
354,990

 
$
310,917

 
$
286,183

Fixed Charges:
 
 
 
 
 
 
 
 
 
Interest Expense (*)
$
130,262

 
$
115,860

 
$
127,778

 
$
95,870

 
$
75,800

Portion of rents representative of an interest factor
7,552

 
5,213

 
4,938

 
4,437

 
4,121

Total fixed charges
$
137,814

 
$
121,073

 
$
132,716

 
$
100,307

 
$
79,921

Ratio of Earnings to Fixed Charges
3.9

 
4.9

 
2.7

 
3.1

 
3.6

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