EX-12 4 amcx-12312017xex12.htm EXHIBIT 12 Exhibit
Exhibit 12


AMC NETWORKS INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
 
 
Years Ended December 31,
 
2017
 
2016
 
2015
 
2014
 
2013
Earnings:
 
 
 
 
 
 
 
 
 
Income from continuing operations before income taxes
$
640,378

 
$
454,825

 
$
582,794

 
$
397,028

 
$
469,001

Fixed charges
144,582

 
133,437

 
136,748

 
137,890

 
121,073

Total earnings as adjusted
$
784,960

 
$
588,262

 
$
719,542

 
$
534,918

 
$
590,074

Fixed Charges:
 
 
 
 
 
 
 
 
 
Interest Expense (*)
$
134,001

 
$
123,632

 
$
128,135

 
$
130,262

 
$
115,860

Portion of rents representative of an interest factor
10,581

 
9,805

 
8,613

 
7,628

 
5,213

Total fixed charges
$
144,582

 
$
133,437

 
$
136,748

 
$
137,890

 
$
121,073

Ratio of Earnings to Fixed Charges
5.4

 
4.4

 
5.3

 
3.9

 
4.9

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