1 Exhibit 12.2 CAPSTAR BROADCASTING PARTNERS, INC. PRO FORMA DEFICIENCY OF EARNINGS TO FIXED CHARGES YEAR ENDED DECEMBER 31, 1996 ----------------------------------------------- PRO FORMA PRO FORMA COMPLETED FOR THE TRANSACTIONS OFFERING PRO FORMA ------------ -------- --------- (DOLLARS IN THOUSANDS) FIXED CHARGES: Interest expense . . . . . . . . . . . . . . . $ 53,302 $ 42,502 $ 53,130 Implicit interest in rent . . . . . . . . . . . 684 684 833 Preferred stock dividends and accretion . . . . -- -- -- Amortization of deferred financing costs . . . -- -- -- --------- --------- ---------- Total Fixed Charges . . . . . . . . . . . . 53,986 43,186 53,963 Loss before provision for income taxes . . . . . (20,849) (10,049) (18,583) Preferred stock dividends and accretion . . . . . -- -- -- Fixed charges . . . . . . . . . . . . . . . . . . 53,986 43,186 53,963 --------- --------- ---------- EARNINGS, AS DEFINED. . . . . . . . . . . . . . 33,137 33,137 35,380 Deficiency of earnings to fixed charges . . . . . $ 20,849 $ 10,049 $ 18,583