Attached files
| file | filename |
|---|---|
| 10-K/A - 10-K/A - EMMIS COMMUNICATIONS CORP | c53903e10vkza.htm |
| EX-24 - EX-24 - EMMIS COMMUNICATIONS CORP | c53903exv24.htm |
| EX-23 - EX-23 - EMMIS COMMUNICATIONS CORP | c53903exv23.htm |
| EX-21 - EX-21 - EMMIS COMMUNICATIONS CORP | c53903exv21.htm |
| EX-10.9 - EX-10.9 - EMMIS COMMUNICATIONS CORP | c53903exv10w9.htm |
| EX-31.1 - EX-31.1 - EMMIS COMMUNICATIONS CORP | c53903exv31w1.htm |
| EX-32.2 - EX-32.2 - EMMIS COMMUNICATIONS CORP | c53903exv32w2.htm |
| EX-32.1 - EX-32.1 - EMMIS COMMUNICATIONS CORP | c53903exv32w1.htm |
| EX-31.2 - EX-31.2 - EMMIS COMMUNICATIONS CORP | c53903exv31w2.htm |
| EX-10.31 - EX-10.31 - EMMIS COMMUNICATIONS CORP | c53903exv10w31.htm |
| EX-10.30 - EX-10.30 - EMMIS COMMUNICATIONS CORP | c53903exv10w30.htm |
Exhibit 12
EMMIS COMMUNICATIONS CORPORATION AND SUBSIDIARIES
RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited, dollars in thousands)
RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited, dollars in thousands)
| FEBRUARY 28 (29), | ||||||||||||||||||||
| 2005 | 2006 | 2007 | 2008 | 2009 | ||||||||||||||||
EARNINGS: |
||||||||||||||||||||
Pre-tax income (loss) from continuing operations before adjustment
for minority interests in consolidated subsidiaries or income or loss
from equity investees |
$ | (63,146 | ) | $ | (34,090 | ) | $ | 10,232 | $ | (14,992 | ) | $ | (358,388 | ) | ||||||
Add: |
||||||||||||||||||||
Fixed charges |
51,064 | 82,236 | 54,723 | 46,723 | 37,059 | |||||||||||||||
Amortization of capitalized interest |
74 | 74 | 74 | 37 | — | |||||||||||||||
Less: |
||||||||||||||||||||
Preferred stock dividends |
8,984 | 8,984 | 8,984 | 8,984 | 8,933 | |||||||||||||||
Earnings |
$ | (20,992 | ) | $ | 39,236 | $ | 56,045 | $ | 22,784 | $ | (330,262 | ) | ||||||||
FIXED CHARGES: |
||||||||||||||||||||
Interest expense (including amortization of debt expenses) |
$ | 39,690 | $ | 70,586 | $ | 43,160 | $ | 34,837 | $ | 25,551 | ||||||||||
Portion of rents representative of the interest factor |
2,390 | 2,666 | 2,579 | 2,902 | 2,575 | |||||||||||||||
Preferred stock dividends |
8,984 | 8,984 | 8,984 | 8,984 | 8,933 | |||||||||||||||
Fixed Charges |
$ | 51,064 | $ | 82,236 | $ | 54,723 | $ | 46,723 | $ | 37,059 | ||||||||||
Ratio of Earnings to Fixed Charges |
N/A | N/A | 1.0 | N/A | N/A | |||||||||||||||
Deficiency |
$ | 72,056 | $ | 43,000 | $ | — | $ | 23,939 | $ | 367,321 | ||||||||||