EXHIBIT 12.1
LIN Television Corporation | ||||||||||||||||||||
Year Ended December 31, | ||||||||||||||||||||
2004 | 2003 | 2002 | 2001 | 2000 | ||||||||||||||||
Fixed charges: | ||||||||||||||||||||
Interest expense | 45,761 | 60,505 | 95,775 | 97,646 | 92,868 | |||||||||||||||
30% of rental expense | 488 | 473 | 461 | 445 | 396 | |||||||||||||||
Total fixed charges | 46,249 | 60,978 | 96,236 | 98,091 | 93,264 | |||||||||||||||
Earnings: | ||||||||||||||||||||
Income (loss) from continuing operations before (benefit from) provision for income taxes and cumulative effect of change in accounting principle | 71,957 | (81,356 | ) | 6,416 | (82,348 | ) | (32,613 | ) | ||||||||||||
Less: Income (loss) from equity investments | 7,428 | 478 | 6,328 | (4,121 | ) | 365 | ||||||||||||||
Add: Distributions from equity investments | 7,948 | 7,540 | 6,405 | 6,583 | 815 | |||||||||||||||
Add back: fixed charges | 46,249 | 60,978 | 96,236 | 98,091 | 93,264 | |||||||||||||||
Total earnings | 118,726 | (13,316 | ) | 102,729 | 26,447 | 61,101 | ||||||||||||||
Ratio of earnings to fixed charges | 2.6 | — | 1.1 | — | — | |||||||||||||||
Earnings shortfall | (74,294 | ) | — | (71,644 | ) | (32,163 | ) |