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Young Broadcasting Inc.
Ratio Calculation
| Actual 12/31/1999 | Actual 12/31/2000 | Actual 12/31/2001 | Actual 12/31/2002 | Actual 12/31/2003 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fixed Charges | ||||||||||||
Interest Expense and Bond Premium Amortization | 62,980,836 | 95,842,753 | 112,753,609 | 93,546,904 | 66,033,863 | |||||||
Plus: Amortization of Debt Issuance Costs | 4,612,634 | 4,604,438 | 4,830,807 | 2,028,518 | 2,050,736 | |||||||
Plus: Interest Portion of Rent Expense | 643,200 | 876,600 | 724,175 | 720,000 | 720,000 | |||||||
Total Fixed Charges | 68,236,670 | 101,323,791 | 118,308,591 | 96,295,422 | 68,804,599 | |||||||
Earnings (Loss) | ||||||||||||
Income (Loss) from Operations | (43,112,944 | ) | (54,729 | ) | (65,195,516 | ) | (62,321,134 | ) | (54,902,846 | ) | ||
Plus: Fixed Charges | 68,236,670 | 101,323,791 | 118,308,591 | 96,295,422 | 68,804,599 | |||||||
Less: Capitalized Interest | — | — | — | — | — | |||||||
25,603,726 | 101,749,062 | 53,590,560 | 33,974,288 | 13,901,753 | ||||||||
Earnings (Deficiency) to Fixed Charges | 0.37 | 0.99 | 0.45 | 0.35 | 0.20 | |||||||
(43,112,944 | ) | (54,729 | ) | (65,195,516 | ) | (62,321,134 | ) | (54,902,846 | ) |