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EXHIBIT 12.1
CHARTER COMMUNICATIONS, INC.
RATIO OF EARNINGS TO FIXED CHARGES CALCULATION
CHARTER COMMUNICATIONS
PROPERTIES HOLDINGS, LLC CHARTER COMMUNICATIONS, INC.
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1/1/98 12/24/98
THROUGH THROUGH
1996 1997 12/23/98 12/31/98 1999 2000
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(IN THOUSANDS) (IN THOUSANDS)
EARNINGS
Loss before income taxes and
minority interest............... $(2,723) $(4,623) $(17,222) $(5,277) $(637,806) $(2,054,945)
Fixed Charges..................... 4,442 5,160 17,347 2,390 480,649 1,063,868
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Earnings.......................... $ 1,719 $ 537 $ 125 $(2,887) $(157,157) $ (991,077)
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FIXED CHARGES
Interest Expense.................. $ 4,415 $ 4,997 $ 17,010 $ 2,353 $ 467,499 $ 1,033,505
Amortization of Debt Costs........ -- 123 267 -- 10,300 25,625
Interest Element of Rentals....... 27 40 70 37 2,850 4,738
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Total Fixed Charges............... $ 4,442 $ 5,160 $ 17,347 $ 2,390 $ 480,649 $ 1,063,868
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Ratio of Earnings to Fixed
Charges(1)...................... -- -- -- -- -- --
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(1) Earnings for the years ended December 31, 1996 and 1997, for the periods
from January 1, 1998 through December 23, 1998 and from December 24, 1998
through December 31, 1998 and for the years ended December 31, 1999 and 2000
were insufficient to cover fixed charges by $2,723, $4,623, $17,222, $5,277,
$637,806 and $2,054,945, respectively. As a result of such deficiencies, the
ratios are not presented.