1 EXHIBIT 12.1 BRESNAN COMMUNICATIONS COMPANY HOLDING, L.P.* RATIO OF EARNINGS TO FIXED CHARGES (IN THOUSANDS) THREE MONTHS YEAR ENDED DECEMBER 31, ENDED MARCH 31, ---------------------------------------------------------- --------------------------- 1995 1996 PRO 1995 1996 PRO 1991 1992 1993 1994 1995 FORMA ACTUAL ACTUAL FORMA ------- ------- ------- ------- ------- -------- ------- ------- ------- FIXED CHARGE COVERAGE: EARNINGS: Net loss before tax......... $(9,412) $(1,290) $(4,983) $(3,660) $(9,323) $(14,316) $(2,110) $(2,132) $(3,639) Plus: Fixed charge interest....... 11,691 8,578 7,571 12,557 16,063 21,056 4,091 3,786 5,293 Portion of rent = interest........... 92 97 100 120 135 135 34 34 34 ------- ------- ------- ------- ------- ------- ------- ------- ------ Earnings as defined......... 2,371 7,385 2,688 9,017 6,875 6,875 2,015 1,688 1,688 FIXED CHARGES: Interest expense............ 11,691 8,578 7,571 12,557 16,063 21,056 4,091 3,786 5,293 Capitalized interest........ 59 86 210 10 181 181 45 -- -- Portion of rent = interest........... 92 97 100 120 135 135 34 34 34 ------- ------- ------- ------- ------- ------- ------- ------- ------ TOTAL FIXED CHARGES......... 11,842 8,761 7,881 12,687 16,379 21,372 4,170 3,820 5,327 ------- ------- ------- ------- ------- ------- ------- ------- ------ Deficiency $................ $ 9,471 $ 1,376 $ 5,193 $ 3,670 $ 9,504 $ 14,497 $ 2,155 $ 2,132 $ 3,639 ======= ======= ======= ======= ======= ======= ======= ======= ====== - --------------- * Reflects the effects of the reorganization of the ownership interests in Bresnan Communications Company Limited Partnership, which will be effective upon the completion of the offerings.