Exhibit 12.1
Mediacom Broadband LLC
Schedule of Ratio of Earnings to Fixed Charges
Schedule of Ratio of Earnings to Fixed Charges
Year ended | ||||||||||||||||||||
12/31/2006 | 12/31/2005 | 12/31/2004 | 12/31/2003 | 12/31/2002 | ||||||||||||||||
(in thousands, except ratio amounts) | ||||||||||||||||||||
Earnings: | ||||||||||||||||||||
Net 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(a) | 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(a) | 2,803 | 2,289 | 2,137 | 2,086 | 1,687 | |||||||||||||||
Total fixed charges | $ | 116,969 | $ | 105,729 | $ | 91,631 | $ | 90,412 | $ | 84,781 | ||||||||||
Ratio of earnings to fixed charges | — | 1.10 | 1.37 | 1.08 | — | |||||||||||||||
Deficiency of earnings over fixed charges | $ | (15,951 | ) | $ | — | $ | (31,186 | ) | ||||||||||||
(a) | One-third of rent expense is the portion deemed representative of the interest factor. |