EX-12 5 a2202589zex-12.htm EX-12
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Exhibit 12

Six Flags Entertainment Corporation

Computation of Ratio of Earnings to Fixed Charges

(in thousands)

 
  Successor    
  Predecessor  
 
  Eight Months
Ended
December 31,
2010
   
  Four Months
Ended
April 30,
2010
  Year Ended December 31,  
 
   
 
 
   
  2009   2008   2007   2006  

Earnings:

                                         

Income (loss) from continuing operations

  $ 85,406       $ 539,190   $ (160,088 ) $ (58,073 ) $ (189,269 ) $ (165,324 )

Income tax expense

    11,177         112,648     2,902     116,630     6,203     4,318  

Interest expense

    54,455         74,375     106,313     185,370     207,335     208,679  

Net loss (gain) on debt extinguishment

    18,493                 (107,743 )   8,870      

1/3 of rental expense

    1,959         923     3,082     3,146     3,027     2,849  
                               

Adjusted earnings

  $ 171,490       $ 727,136   $ (47,791 ) $ 139,330   $ 36,166   $ 50,522  
                               

Fixed Charges:

                                         

Interest expense

  $ 54,455         74,375   $ 106,313   $ 185,370   $ 207,335   $ 208,679  

1/3 of rental expense

    1,959         923     3,082     3,146     3,027     2,849  
                               

Total fixed charges

    56,414       $ 75,298   $ 109,395   $ 188,516   $ 210,362   $ 211,528  

Ratio of earnings to fixed charge

    3.0x         9.7X     N/A     0.7x     0.2x     0.2x  
                               

Excess (deficiency)

  $ 115,076       $ 651,838   $ (157,186 ) $ (49,186 ) $ (174,196 ) $ (161,006 )



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Six Flags Entertainment Corporation Computation of Ratio of Earnings to Fixed Charges (in thousands)