DallasNews (DALN) 10-K 2009 FY Annual report

Exhibit 12

A. H. Belo Corporation
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)

	For the Years Ended December 31,
	2009			2008			2007			2005		2004
				(as restated)
Earnings (loss)
Earnings (loss)	$	(120,370	)	$	(65,377	)	$	(348,499	)	$	78,180	$	74,034
Add: Total fixed charges		3,453			6,289			36,331			25,206		18,258
Less: Capitalized interest		—			69			451			84		82
Adjusted Earnings	$	(116,917	)	$	(59,157	)	$	(312,619	)	$	103,302	$	92,210
Fixed Charges:
Interest		1,382			4,028		$	34,834		$	23,661	$	16,510
Portion of rental expense representative of the interest factor (1)		2,071			2,261			1,497			1,545		1,748
Total Fixed Charges	$	3,453		$	6,289		$	36,331		$	25,206	$	18,258
Ratio of Earnings to Fixed Charges		—	(2)(3)		—	(2)(4)		—			4.10		5.05

1.	For purposes of calculating fixed charges, an interest factor of one third was applied to total rental expense for the periods indicated.
2.	Adjusted earning are not sufficient to provide for fixed charges.
3.	Adjusted earnings are not sufficient to provide for fixed charges. For purposes of calculating the ratio of earnings to fixed charges, adjusted earnings includes a non-cash charge for asset impairments of $106,389. Excluding the non-cash charges asset impairment charges, the adjusted earnings would be $(10,528) and the ratio of earnings to fixed charges would be -3.05.
4.	Adjusted earning are not sufficient to provide for fixed charges. For purposes of calculating the ratio of earnings to fixed charges, adjusted earnings includes a non-cash charge for goodwill impairment of $14,145 and as asset impairment of $4,535. Excluding the non-cash charges, the adjusted earnings would be $(40,477) and the ratio of earnings to fixed charges would be -6.44.