EX-12 2 a2191360zex-12.htm EXHIBIT 12

Exhibit 12

Six Flags, Inc.
Computation of Ratio of Earnings to Fixed Charges

 
   Year Ended December 31,  
 
   2004   2005   2006   2007   2008  

Earnings:

                                

Loss from continuing operations

   $ (173,885 ) $ (104,884 ) $ (205,976 ) $ (239,220 ) $ (97,272 )

Income tax expense

     24,757     3,705     4,318     6,203     116,630  

Interest expense

     195,100     185,868     202,826     200,846     178,516  

Net (gain) loss on debt extinguishment

     37,731     19,303     —     13,210     (107,743 )

Minority interest

     37,686     39,794     40,223     39,684     40,728  

1/3 of rental expense

     2,442     2,420     3,302     3,489     3,608  
                       

Adjusted earnings

   $ 123,831   $ 146,206   $ 44,693   $ 24,212   $ 134,467  
                       

Fixed Charges:

                                

Interest expense

   $ 195,100   $ 185,868   $ 202,826   $ 200,846   $ 178,516  

1/3 of rental expense

     2,442     2,420     3,302     3,489     3,608  
                       

Total fixed charges

   $ 197,542   $ 188,288   $ 206,128   $ 204,335   $ 182,124  

Ratio of earnings to fixed charge

     0.6 x   0.8 x   0.2 x   0.1 x   0.7 x
                       

Deficiency

   $ 73,711   $ 42,082   $ 161,435   $ 180,123   $ 47,657