EXHIBIT 12

ClubCorp Club Operations, Inc.

Computation of Ratio of Earnings to Fixed Charges

Five Years Ended December 27, 2011

	Fiscal Years Ended
	December 27, 2011			December 28, 2010			December 29, 2009			December 30, 2008			December 25, 2007
Earnings:
(Loss) income before income taxes	$	(50,316	)	$	319,239		$	(20,066	)	$	(58,768	)	$	(75,296	)
Equity in earnings from unconsolidated ventures	(1,487		)	(1,309		)	(706		)	(1,514		)	(851		)
(Loss) income from continuing operations before taxes, noncontrolling interests and equity in earnings from unconsolidated ventures	(51,803		)	317,930			(20,772		)	(60,282		)	(76,147		)
Add:
Total fixed charges (per below)	90,593			64,191			65,884			102,033			114,139
Amortization of capitalized interest	155			149			146			133			89
Less:
Interest capitalized	(365		)	(115		)	(69		)	(966		)	(2,382		)
Total earnings	$	39,311		$	382,384		$	45,328		$	42,850		$	40,463
Fixed Charges:
Interest expense	$	83,710		$	57,012		$	58,217		$	93,772		$	104,593
Interest capitalized	365			115			69			966			2,382
Estimate of interest within rental expense(a)	6,518			7,064			7,598			7,295			7,165
Total fixed charges	$	90,593		$	64,191		$	65,884		$	102,033		$	114,139
Ratio of earnings to fixed charges(b)	—			5.96x			—			—			—

(a)Fixed charges include the estimated interest component of rent expense (one-third of rent under operating leases) included in income from continuing operations.

(b)For the fiscal years ended December 27, 2011, December 29, 2009, December 30, 2008 and December 25, 2007 earnings were insufficient to cover fixed charges by approximately $51.3 million, $20.6 million, $59.2 million and $73.7 million, respectively.