Exhibit 12. 1
MOHEGAN TRIBAL GAMING AUTHORITY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Fiscal Year Ended September 30,
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2001 2000 1999 1998 1997(1)
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(Dollars in thousands except per diem data)
Earnings:
Income from operations......... $190,067 $204,304 $156,546 $135,687 $82,675
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Fixed Charges:
Interest Expense............... $ 25,060 $ 37,799 $ 55,595 $ 50,172 $45,095
Capitalized Interest........... 27,408 9,880 534 -- --
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Total Fixed Charges............... $ 52,468 $ 47,679 $ 56,129 $ 50,172 $45,095
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Ratio of Earnings to Fixed Charges 3.6x 4.3x 2.8x 2.7x 1.8x
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(1) The Authority commenced operations at Mohegan Sun on October 12, 1996.