Affinion Group, Inc. - FORM 10-K - EX-12.1 - STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - March 3, 2011

Attached files

file	filename
10-K - FORM 10-K - Affinion Group, Inc.	d10k.htm
EX-32 - CERTIFICATION PURSUANT TO 18 USC SECTION 1350 - Affinion Group, Inc.	dex32.htm
EX-4.9 - SUPPLEMENTAL INDENTURE NO. 1 (7.875% SENIOR NOTES DUE 2018) - Affinion Group, Inc.	dex49.htm
EX-4.8 - INDENTURE (7.875% SENIOR NOTES DUE 2018) - Affinion Group, Inc.	dex48.htm
EX-10.4 - SECOND INCREMENTAL ASSUMPTION AGREEMENT - Affinion Group, Inc.	dex104.htm
EX-31.1 - CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 - Affinion Group, Inc.	dex311.htm
EX-21.1 - SUBSIDIARIES OF AFFINION GROUP, INC. - Affinion Group, Inc.	dex211.htm
EX-4.12 - REGISTRATION RIGHTS AGREEMENT - Affinion Group, Inc.	dex412.htm
EX-31.2 - CERTIFICATION OF THE CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 - Affinion Group, Inc.	dex312.htm
EX-10.22 - AMENDMENT TO EMPLOYMENT AGREEMENT (ROBERT ROONEY) - Affinion Group, Inc.	dex1022.htm
EX-10.31 - EMPLOYMENT AGREEMENT (LLOYD M. WIRSHBA) - Affinion Group, Inc.	dex1031.htm
EX-10.24 - EMPLOYMENT AGREEMENT (STEVEN UPSHAW) - Affinion Group, Inc.	dex1024.htm
EX-10.27 - EMPLOYMENT AGREEMENT (RICHARD FERNANDES) - Affinion Group, Inc.	dex1027.htm
EX-4.7 - SUPPLEMENTAL INDENTURE NO. 6 (11-1/2% SENIOR SUBORDINATED NOTES DUE 2015) - Affinion Group, Inc.	dex47.htm

Exhibit 12.1

STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in millions)

(Unaudited)


		Year Ended December 31, 2006				Year Ended December 31, 2007				Year Ended December 31, 2008				Year Ended December 31, 2009				Year Ended December 31, 2010
Earnings:
Income (loss) before income taxes and non-controlling interests		$	(431.6	)		$	(186.1	)		$	(80.5	)		$	(37.4	)		$	(128.8	)
Fixed charges			153.6				149.5				147.3				134.2				163.5

Earnings adjusted for fixed charges		$	(278.0	)		$	(36.6	)		$	66.8			$	96.8			$	34.7

Fixed charges:
Interest expense (note no interest capitalized)		$	148.8			$	145.2			$	142.9			$	129.7			$	158.0
Portion of rent expense representative of interest (1)			4.8				4.3				4.4				4.5				5.5

Total fixed charges		$	153.6			$	149.5			$	147.3			$	134.2			$	163.5

Ratio of earnings to fixed charges (2)			—				—				—				—				—

(1)	One third of rent expense is deemed to be representative of interest.

(2)	Our earnings were insufficient to cover fixed charges by $431.6 million, $186.1 million, $80.5 million, $37.4 million and $128.8 million for the years ended December 31, 2006, 2007, 2008, 2009 and 2010, respectively.