Exhibit 12.1
GREEKTOWN SUPERHOLDINGS, INC
STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
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| Predecessor |
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| Year ended December 31, |
| Six Months Ended |
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| 2009 |
| 2008 |
| 2007 |
| 2006 |
| 2005 |
| 2010 |
| 2009 |
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Computation of earnings: |
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Income (loss) before provisions for state income taxes |
| $ | (65,132 | ) | $ | (148,680 | ) | $ | 1,990 |
| $ | 23,555 |
| $ | 20,133 |
| $ | 293,520 |
| $ | (21,369 | ) |
Fixed charges |
| $ | 82,921 |
| $ | 48,881 |
| $ | 40,732 |
| $ | 41,357 |
| $ | 16,671 |
| $ | 39,568 |
| $ | 39,710 |
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Total earnings |
| $ | 17,789 |
| $ | (99,799 | ) | $ | 42,722 |
| $ | 64,912 |
| $ | 36,804 |
| $ | 333,088 |
| $ | 18,341 |
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Computation of fixed charges: |
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Interest expense |
| $ | 69,998 |
| $ | 38,629 |
| $ | 37,052 |
| $ | 38,069 |
| $ | 16,404 |
| $ | 37,489 |
| $ | 31,355 |
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Amortization of financing fees and discounts on indebtedness |
| $ | 12,923 |
| $ | 10,252 |
| $ | 3,680 |
| $ | 3,288 |
| $ | 267 |
| $ | 2,079 |
| $ | 8,355 |
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Total fixed charges |
| $ | 82,921 |
| $ | 48,881 |
| $ | 40,732 |
| $ | 41,357 |
| $ | 16,671 |
| $ | 39,568 |
| $ | 39,710 |
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Ratio of earnings to fixed charges |
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| 0.21 |
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| (2.04 | ) |
| 1.05 |
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| 1.57 |
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| 2.21 |
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| 8.42 |
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| 0.46 |
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Deficiency |
| $ | (65,132 | ) | $ | (148,680 | ) |
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| $ | (21,369 | ) |
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