EXHIBIT 12
JACOR COMMUNICATIONS, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(DOLLARS IN THOUSANDS)
SIX
MONTHS
YEAR ENDED DECEMBER 31, ENDED
----------------------------------------------------- JUNE 30,
1992 1993 1994 1995 1996 1997
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EARNINGS:
Income (loss) before income taxes and
extraordinary loss........................ $ (23,701) $ 4,138 $ 14,165 $ 18,265 $ 15,371 $ 3,761
Fixed charges............................... 15,578 4,768 2,860 3,853 34,799 40,664
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Total................................... $ (8,123) $ 8,906 $ 17,025 $ 22,118 $ 50,170 $ 44,425
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FIXED CHARGES:
Interest expense............................ $ 13,701 $ 2,735 $ 534 $ 1,444 $ 31,148 $ 38,382
Amortization of debt expense................ 449 238 324 326 1,096 1,005
Portion of rent expense deemed to be
interest.................................. 1,428 1,795 2,002 2,083 2,555 1,277
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Total................................... $ 15,578 $ 4,768 $ 2,860 $ 3,853 $ 34,799 $ 40,664
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Ratio of earnings to fixed charges............ N/A 1.9 6.0 5.7 1.4 1.1
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Coverage deficiency........................... $ 23,701 N/A N/A N/A N/A N/A
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