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Exhibit 12.1
CHARTER COMMUNICATIONS, INC AND SUBSIDIARIES | ||||||||||||||||
RATIO OF EARNINGS TO FIXED CHARGES CALCULATION | ||||||||||||||||
(In millions) | ||||||||||||||||
Three Months Ended June 30, | Six Months Ended June 30, | |||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||
Earnings | ||||||||||||||||
Loss before Income Taxes | $ | (38 | ) | $ | (15 | ) | $ | (71 | ) | $ | (38 | ) | ||||
Fixed Charges | 213 | 227 | 425 | 466 | ||||||||||||
Total Earnings | $ | 175 | $ | 212 | $ | 354 | $ | 428 | ||||||||
Fixed Charges | ||||||||||||||||
Interest Expense | $ | 206 | $ | 220 | $ | 411 | $ | 447 | ||||||||
Amortization of Debt Costs | 5 | 5 | 10 | 15 | ||||||||||||
Interest Element of Rentals | 2 | 2 | 4 | 4 | ||||||||||||
Total Fixed Charges | $ | 213 | $ | 227 | $ | 425 | $ | 466 | ||||||||
Ratio of Earnings to Fixed Charges (1) | — | — | — | — |
(1) | Earnings for the three and six months ended June 30, 2013 were insufficient to cover fixed charges by $38 million and $71 million, respectively. Earnings for the three and six months ended June 30, 2012 were insufficient to cover fixed charges by $15 million and $38 million, respectively. As a result of such deficiencies, the ratios are not presented above. |