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Previous: TRANSMEDIA NETWORK INC /DE/, 10-K, EX-4.8, 2000-12-29 |
Next: TRANSMEDIA NETWORK INC /DE/, 10-K, EX-21, 2000-12-29 |
EXHIBIT 12
CALCULATION OF EARNINGS TO FIXED CHARGES
<TABLE>
<CAPTION>
1996 1997 1998 1999 2000
---- ---- ---- ---- ----
<S> <C> <C> <C> <C> <C>
Total interest 852 2,414 2,743 3,667 6,297
Amortization of financial cost -- 158 278 354 1,113
-----------------------------------------------------------------------------
Fixed charges 852 2,572 3,021 4,021 7,410
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Pretax income 4,107 (684) (10,436) (8,398) (6,155)
Add fixed charges 852 2,572 3,021 4,021 7,410
-----------------------------------------------------------------------------
Adjusted earnings 4,959 1,888 (7,415) (4,377) 1,255
-----------------------------------------------------------------------------
Earnings to fixed charges ratio 582% 73% -245% -109% 17%
=============================================================================
Surplus/(Deficiency) 4,107 (684) (10,436) (8,398) (6,155)
=============================================================================
</TABLE>
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