EXHIBIT 12
SINCLAIR BROADCAST GROUP, INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
FOR THE YEARS ENDED DECEMBER 31, 1993, 1994, 1995, 1996, AND 1997
(DOLLARS IN THOUSANDS)
1993 1994 1995 1996 1997
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Income (loss) before provision (benefit)
for income taxes and extraordinary
items ....................................... $ 922 $ (3,387) $ 10,188 $ 8,067 11,488
Fixed charges(a) ............................. 12,852 25,418 39,253 84,314 98,393
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Earnings available for fixed charges ......... 13,774 22,031 49,441 92,381 109,881
Fixed charges ................................ 12,852 25,418 39,253 84,314 98,393
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Ratio of earnings to fixed charges ........... 1.1 x -- 1.3 x 1.1 x 1.1 x
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(a) Fixed charges consist of interest expense, which includes interest on all
debt and amortization of debt discount, and deferred financing costs.