Attached files
| file | filename |
|---|---|
| EX-31.2 - CERTIFICATION OF CFO (302) - CC Holdings GS V LLC | gsvexhibit312123117.htm |
| EX-32.1 - CERTIFICATION OF CEO AND CFO (906) - CC Holdings GS V LLC | gsvexhibit321123117.htm |
| EX-31.1 - CERTIFICATION OF CEO (302) - CC Holdings GS V LLC | gsvexhibit311123117.htm |
| 10-K - 10-K - CC Holdings GS V LLC | gsv10-k123117.htm |
EXHIBIT 12
CC HOLDINGS GS V LLC
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES AND
EARNINGS TO COMBINED FIXED CHARGES
(DOLLARS IN THOUSANDS)
Years Ended December 31, | |||||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||||
Computation of earnings: | |||||||||||||||||||
Income (loss) before income taxes | $ | 133,157 | $ | 106,251 | $ | 114,170 | $ | 132,405 | $ | 105,376 | |||||||||
Add: | |||||||||||||||||||
Fixed charges (as computed below) | 89,418 | 97,715 | 100,871 | 100,427 | 105,145 | ||||||||||||||
$ | 222,575 | $ | 203,966 | $ | 215,041 | $ | 232,832 | $ | 210,521 | ||||||||||
Computation of fixed charges and combined fixed charges: | |||||||||||||||||||
Interest expense | $ | 38,490 | $ | 47,088 | $ | 50,395 | $ | 50,395 | $ | 50,824 | |||||||||
Amortized premiums, discounts and capitalized expenses related to indebtedness | 1,384 | 2,427 | 2,828 | 2,828 | 7,551 | ||||||||||||||
Interest component of operating lease expense | 49,544 | 48,200 | 47,648 | 47,204 | 46,770 | ||||||||||||||
Fixed charges | 89,418 | 97,715 | 100,871 | 100,427 | 105,145 | ||||||||||||||
Ratio of earnings to fixed charges | 2.5 | 2.1 | 2.1 | 2.3 | 2.0 | ||||||||||||||
(Deficiency) excess of earnings to cover fixed charges | $ | 133,157 | $ | 106,251 | $ | 114,170 | $ | 132,405 | $ | 105,376 | |||||||||