Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - Marina District Finance Company, Inc. | Financial_Report.xls |
| EX-99.1 - EXHIBIT 99.1 - Marina District Finance Company, Inc. | exhibit991-governmentalgam.htm |
| EX-31.2 - EXHIBIT 31.2 SOX 302 CERTIFICATE - CFO - Marina District Finance Company, Inc. | mdfc10k2014ex312.htm |
| EX-31.1 - EXHIBIT 31.1 SOX 302 CERTIFICATE - CEO - Marina District Finance Company, Inc. | mdfc10k2014ex311.htm |
| EX-32.1 - EXHIBIT 32.1 SOX 906 CERTIFICATE - CEO - Marina District Finance Company, Inc. | mdfc10k2014ex321.htm |
| EX-32.2 - EXHIBIT 32.2 SOX 906 CERTIFICATE - CFO - Marina District Finance Company, Inc. | mdfc10k2014ex322.htm |
| 10-K - 10-K - Marina District Finance Company, Inc. | mdfcborgata10k2014.htm |
Marina District Finance Company | Exhibit 12 | |||||||||||||||||||
Computation of Ratio of Earnings to Fixed Charges | ||||||||||||||||||||
Year Ended December 31, | ||||||||||||||||||||
(in thousands, except ratio amounts) | 2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||
Income/(loss) from continuing operations before income taxes | $ | 27,108 | $ | (61,080 | ) | $ | (26,444 | ) | $ | 10,143 | $ | 49,494 | ||||||||
Add: | ||||||||||||||||||||
Fixed Charges | 76,058 | 86,235 | 88,002 | 89,372 | 53,994 | |||||||||||||||
Subtract: | ||||||||||||||||||||
Interest capitalized | — | — | (500 | ) | (400 | ) | — | |||||||||||||
Earnings available for fixed charges | $ | 103,166 | $ | 25,155 | $ | 61,058 | $ | 99,115 | $ | 103,488 | ||||||||||
Fixed Charges | ||||||||||||||||||||
Interest expensed, net of interest capitalized | $ | 70,758 | $ | 81,335 | $ | 82,902 | $ | 84,775 | $ | 50,199 | ||||||||||
Interest capitalized | — | — | 500 | 400 | — | |||||||||||||||
Interest component of rental expense | 5,300 | 4,900 | 4,600 | 4,200 | 3,795 | |||||||||||||||
Fixed Charges (1) | $ | 76,058 | $ | 86,235 | $ | 88,002 | $ | 89,375 | $ | 53,994 | ||||||||||
Ratio of earnings to fixed charges | 1.4 | — | — | 1.1 | 1.9 | |||||||||||||||
Deficiency of earnings to fixed charges | (61,080 | ) | (26,944 | ) | ||||||||||||||||
___________________________
(1) | For purposes of computing this ratio, "fixed charges" include interest expense whether expensed or capitalized, amortization of debt expenses, discount, or premium related to the indebtedness, and such portion of rental expense that we deem to be a reasonable representation of the interest factor. |