Attached files
| file | filename |
|---|---|
| EX-21 - EX-21 - DallasNews Corp | d80096exv21.htm |
| EX-32 - EX-32 - DallasNews Corp | d80096exv32.htm |
| EX-31.1 - EX-31.1 - DallasNews Corp | d80096exv31w1.htm |
| EX-23.1 - EX-23.1 - DallasNews Corp | d80096exv23w1.htm |
| EX-31.2 - EX-31.2 - DallasNews Corp | d80096exv31w2.htm |
| EX-23.2 - EX-23.2 - DallasNews Corp | d80096exv23w2.htm |
| EX-10.3.6 - EX-10.3.6 - DallasNews Corp | d80096exv10w3w6.htm |
| EX-10.1.8 - EX-10.1.8 - DallasNews Corp | d80096exv10w1w8.htm |
| EX-10.2.5 - EX-10.2.5 - DallasNews Corp | d80096exv10w2w5.htm |
| 10-K - FORM 10-K - DallasNews Corp | d80096e10vk.htm |
Exhibit 12
A. H. Belo Corporation
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
| Years Ended December 31, | ||||||||||||||||||||
| 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
Earnings (loss) |
||||||||||||||||||||
Earnings (loss) |
$ | (131,810 | ) | $ | (120,370 | ) | $ | (65,377 | ) | $ | (348,499 | ) | $ | 27,047 | ||||||
Add: Total fixed charges |
2,285 | 3,453 | 6,289 | 36,331 | 33,348 | |||||||||||||||
Less: Capitalized interest |
— | — | 69 | 451 | 833 | |||||||||||||||
Adjusted Earnings |
$ | (129,525 | ) | $ | (116,917 | ) | $ | (59,157 | ) | $ | (312,619 | ) | $ | 59,562 | ||||||
Fixed Charges: |
||||||||||||||||||||
Interest |
$ | 808 | $ | 1,382 | $ | 4,028 | $ | 34,834 | $ | 31,814 | ||||||||||
Portion of rental expense
representative of the
interest factor (1) |
1,477 | 2,071 | 2,261 | 1,497 | 1,534 | |||||||||||||||
Total Fixed Charges |
$ | 2,285 | $ | 3,453 | $ | 6,289 | $ | 36,331 | $ | 33,348 | ||||||||||
Ratio of Earnings to Fixed Charges |
— | (2)(3) | — | (2)(4) | — | (2)(5) | — | 1.79 | ||||||||||||
| 1. | For purposes of calculating fixed charges, an interest factor of one third was applied to total rental expense for the periods indicated. | |
| 2. | Adjusted earning are not sufficient to provide for fixed charges. | |
| 3. | Adjusted earnings are not sufficient to provide for fixed charges. For purposes of calculating the ratio of earnings to fixed charges, adjusted earnings include non-cash charges for asset impairments of $3,404 and $132,346 to withdraw from a multi-employer pension plan. Excluding the non-cash impairment and pension charges, the adjusted earnings would have been $6,225 and the ratio of earnings to fixed charges would have been 2.72. | |
| 4. | Adjusted earnings are not sufficient to provide for fixed charges. For purposes of calculating the ratio of earnings to fixed charges, adjusted earnings include a non-cash charge for asset impairments of $106,389. Excluding the non-cash charges asset impairment charges, the adjusted earnings would be $(10,528) and the ratio of earnings to fixed charges would be -3.05. | |
| 5. | Adjusted earning are not sufficient to provide for fixed charges. For purposes of calculating the ratio of earnings to fixed charges, adjusted earnings include a non-cash charge for goodwill impairment of $14,145 and as asset impairment of $4,535. Excluding the non-cash charges, the adjusted earnings would be $(40,477) and the ratio of earnings to fixed charges would be -6.44. |