Exhibit 12.1
Mediacom Broadband LLC
Schedule of Computation of Ratio of Earnings to Fixed Charges and Preferred Dividends
| For the Years Ended December 31, | ||||||||||||||||||||
| 2006 | 2005 | 2004 | 2003 | 2002 | ||||||||||||||||
| (In thousands, except ratio amounts) | ||||||||||||||||||||
| Earnings: | ||||||||||||||||||||
| Income (loss) before income taxes | $ | (15,238 | ) | $ | 11,003 | $ | 34,852 | $ | 10,082 | $ | (27,244 | ) | ||||||||
| Interest expense, net | 109,869 | 97,282 | 86,125 | 82,536 | 76,790 | |||||||||||||||
| Amortization of capitalized interest | 962 | 821 | 695 | 503 | 114 | |||||||||||||||
| Amortization of debt issuance costs | 2,622 | 4,600 | 2,099 | 2,365 | 2,248 | |||||||||||||||
| Interest component of rent expense(1) | 2,803 | 2,289 | 2,137 | 2,086 | 1,687 | |||||||||||||||
| Earnings available for fixed charges | $ | 101,018 | $ | 115,995 | $ | 125,908 | $ | 97,572 | $ | 53,595 | ||||||||||
| Fixed Charges: | ||||||||||||||||||||
| Interest expense, net | $ | 109,869 | $ | 97,282 | $ | 86,125 | $ | 82,536 | $ | 76,790 | ||||||||||
| Capitalized interest | 1,675 | 1,558 | 1,270 | 3,425 | 4,056 | |||||||||||||||
| Amortization of debt issuance costs | 2,622 | 4,600 | 2,099 | 2,365 | 2,248 | |||||||||||||||
| Interest component of rent expense(1) | 2,803 | 2,289 | 2,137 | 2,086 | 1,687 | |||||||||||||||
| Preferred dividends | 18,000 | 18,000 | 18,000 | 18,000 | 18,000 | |||||||||||||||
| Total fixed charges | $ | 134,969 | $ | 123,729 | $ | 109,631 | $ | 108,412 | $ | 102,781 | ||||||||||
| Ratio of earnings to fixed charges and preferred dividends | — | — | 1.15 | — | — | |||||||||||||||
| Deficiency of earnings over fixed charges | $ | (33,951 | ) | $ | (7,734 | ) | $ | — | $ | (10,840 | ) | $ | (49,186 | ) | ||||||
| (1) | A reasonable approximation (one-third) is deemed to be the interest factor included in rental expense. |