Attached files

file filename
EX-31.2 - EXHIBIT 31.2 - MEDIA GENERAL INCex312.htm
EX-31.1 - EXHIBIT 31.1 - MEDIA GENERAL INCex311.htm
EX-32 - EXHIBIT 32 - MEDIA GENERAL INCex32.htm
EX-23.1 - EXHIBIT 23.1 - MEDIA GENERAL INCex231.htm
EX-21 - EXHIBIT 21 - MEDIA GENERAL INCex21.htm
10-K - 10-K - MEDIA GENERAL INCmeg-12312015x10k.htm
EX-10.38 - EXHIBIT 10.38 - MEDIA GENERAL INCex1038.htm


Exhibit 12.1

Media General, Inc
Computation of Ratio of Earnings to Fixed Charges

 
 
 
(in thousands, except ratio)
 
Year ended
December 31,
2015
 
Year ended
December 31,
2014
 
Year ended
December 31,
2013
 
Year ended
December 31,
2012
 
Year ended
December 31,
2011
Pretax income (loss) from continuing operations less income/loss from equity investments
 
$
(35,041
)
 
$
153,126

 
$
16,679

 
$
56,343

 
$
12,474

Fixed charges
 
122,036

 
46,561

 
13,303

 
8,255

 
7,669

Amortization of capitalized interest
 

 

 

 

 

Distributed income of equity investees
 

 

 

 

 

less: Capitalized interest
 

 

 

 

 

Earnings
 
$
86,995


$
199,687


$
29,982


$
64,598


$
20,143

Interest expensed (including amortization of premiums/discounts)
 
119,644

 
45,703

 
12,687

 
7,830

 
7,240

Interest portion of rental expense
 
2,392

 
857

 
616

 
425

 
429

Fixed Charges
 
$
122,036


$
46,560


$
13,303


$
8,255


$
7,669

Ratio of Earnings to Fixed Charges
 
0.71

 
4.29

 
2.25

 
7.83

 
2.63