Kings Island S-4 Registration of securities issued in business combination transactions

Exhibit 12.1

Ratio of Earnings to Fixed Charges

We have computed the ratio of earnings to fixed charges for each of the following periods on a consolidated basis. For purposes of computing the ratio of earnings to fixed charges, “earnings” consist of pretax income plus fixed charges (excluding capitalized interest). “Fixed charges” represent interest incurred (whether expensed or capitalized), amortization of debt expense and that portion of rental expense on operating leases deemed to be the equivalent of interest. You should read the ratio of earnings to fixed charges in conjunction with our consolidated financial statements and the related notes thereto which are incorporated by reference into this prospectus.

	Historical
	Years Ended December 31,										Six months ended June 30,
	2008		2009		2010		2011		2012		2013
	In thousands, except ratios
Fixed charges:
Interest expensed	$	129,561	$	124,706	$	150,285	$	157,185	$	110,619	$	51,624
Interest capitalized		1,623		1,617		1,343		1,835		1,322		1,021
Amortization of capitalized debt costs		5,175		5,887		5,671		10,000		10,417		3,830
Interest component of rental expense(1)		2,510		2,378		2,327		2,419		2,970		1,456
Total fixed charges	$	138,869	$	134,588	$	159,626	$	171,439	$	125,328	$	57,931
Earnings:
Net income (loss)	$	6,380	$	34,184	$	(33,052)	$	65,296	$	101,857	$	(61,736)
Add:
Income tax expense		(1,011)		14,570		2,670		7,877		31,757		(23,999)
Fixed charges		138,869		134,588		159,626		171,439		125,328		57,931
Amortization of capitalized interest		432		470		581		659		761		310
Less:
Interest capitalized		(1,623)		(1,617)		(1,343)		(1,835)		(1,322)		(1,021)
Total earnings	$	143,047	$	182,195	$	128,482	$	243,436	$	258,381	$	(28,515)
Ratio of total earnings to total fixed charges(2)		1.0x		1.4x		—		1.4x		2.1x		—

(1) Approximately 1/3 of rent expense is deemed representative of the interest factor.

(2) Our earnings were insufficient to cover our fixed charges for 2010 by approximately $31.1 million due to a non-cash fourth quarter charge for the impairment of long-lived assets. Our earnings were insufficient to cover our fixed charges for the six month period ended June 30, 2013 by approximately $86.4 million primarily due to the seasonal nature of the business.