EXHIBIT 12
FALCON HOLDING GROUP, L.P.
COMPUTATION OF DEFICIENCY OF EARNINGS TO FIXED CHARGES
Year ended December 31,
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New Falcon Three months ended
Pro Forma Pro Forma March 31,
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1997 1997 1997 1998
1993 1994 1995 1996 1997 (Unaudited) (Unaudited) (Unaudited) (Unaudited)
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(in thousands of dollars)
Loss from
continuing operations
before extraordinary
item $(31,448) $(33,513) $(25,235) $(49,985) $(60,838) $(75,106) $(130,849) $(15,335) $(18,909)
Equity in net income of
investee partnerships - - (19) (145) (443) (447) (447) (39) (45)
Income tax benefit - - - (1,122) (2,021) (2,021) (2,021) (566) (365)
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(31,448) (33,513) (25,254) (51,252) (63,302) (77,574) (133,317) (15,940) (19,319)
Add:
Interest on indebtedness 49,122 49,859 57,777 71,602 79,137 85,894 119,925 20,384 20,487
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Income before fixed charges 17,674 16,346 32,523 20,350 15,835 8,320 (13,392) 4,444 1,168
Fixed charges:
Interest on indebtedness 49,122 49,859 57,777 71,602 79,137 85,894 119,925 20,384 20,487
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Deficiency of earnings
available to cover
fixed charges $(31,448) $(33,513) $(25,254) $(51,252) $(63,302) $(77,574) $(133,317) $(15,940) $(19,319)
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