SEC Info - Tribune Media Co - ‘10-K’ for 12/31/00

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Tribune Media Co – ‘10-K’ for 12/31/00 – EX-12

On: Tuesday, 3/27/01, at 2:17pm ET · For: 12/31/00 · Accession #: 912057-1-8471 · File #: 1-08572

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 3/27/01  Tribune Media Co                  10-K       12/31/00   12:1.4M                                   Merrill Corp/FA

Annual Report — Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   1.26M 
 2: EX-3.1(C)   Cert of Amend Pref Stock Ser C                        13     61K 
 3: EX-3.1(D)   Cert of Amend Pref Stock Ser D-1                      14     61K 
 4: EX-3.1(E)   Cert of Amend Pref Stock Ser D-2                      15     66K 
 8: EX-10.14A   Material Contract                                      1      8K 
 9: EX-10.17A   First Amend. to Amended & Restated Lmtd Liability      5     19K 
 5: EX-10.2B    Material Contract                                      1      8K 
 6: EX-10.6A    Material Contract                                      1      8K 
 7: EX-10.8A    Material Contract                                      1      8K 
10: EX-12       Comp of Earnings                                    HTML     29K 
11: EX-21       Subsidiaries of the Registrant                         4     25K 
12: EX-23       Consent of Pricewaterhousecoopers                   HTML     10K

EX-12 — Comp of Earnings
Exhibit Table of Contents

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			Alternative Formats (Word, et al.) COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES (In thousands, except ratios) QuickLinks Tribune Company
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"	Tribune Company
"	COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES (In thousands, except ratios)
"	QuickLinks

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EXHIBIT 12

TRIBUNE COMPANY

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(In thousands, except ratios)

		Fiscal Year Ended December
		2000		1999		1998		1997		1996
Income from continuing operations, before cumulative effect of accounting change (1)		$	310,401	$	1,449,962	$	389,197	$	372,759	$	259,838
Add:
	Income tax expense		270,351		933,981		272,660		250,265		175,071
	Losses on equity investments		79,374		40,083		33,980		34,696		13,281
	Minority interest expense, net of tax		16,335		—		—		—		—

	Subtotal		676,461		2,424,026		695,837		657,720		448,190

Fixed charge adjustments
Add:
	Interest expense		240,708		113,031		88,451		86,502		47,779
	Amortization of capitalized interest		4,012		2,065		2,068		2,076		2,108
	Interest component of rental expense (2)		18,620		9,312		8,871		8,792		8,313

Earnings, as adjusted		$	939,801	$	2,548,434	$	795,227	$	755,090	$	506,390

Fixed charges:
	Interest expense	$	240,708	$	113,031	$	88,451	$	86,502	$	47,779
	Interest capitalized		1,950		1,117		1,897		224		168
	Interest component of rental expense (2)		18,620		9,312		8,871		8,792		8,313
	Interest related to guaranteed ESOP debt (3)		10,718		13,146		15,578		17,901		20,134

Total fixed charges		$	271,996	$	136,606	$	114,797	$	113,419	$	76,394

Ratio of earnings to fixed charges (1)			3.5		18.7		6.9		6.7		6.6

(1): Income from continuing operations, before cumulative effect of accounting change, included a non-operating net loss of $93.1 million in 2000, and non-operating net gains of $1,067.6 million in 1999, $63.5 million in 1998, $68.9 million in 1997, and $6.0 million in 1996. Excluding these non-operating items, the ratio of earnings to fixed charges was 4.0 in 2000, 5.8 in 1999, 5.9 in 1998, 5.7 in 1997, and 6.6 in 1996. See Note 2 to the Company's Consolidated Financial Statements and the Eleven Year Financial Summary for further discussion of these non-operating items.
(2): Represents a reasonable approximation of the interest cost component of rental expense incurred by the Company.
(3): Tribune Company guarantees the debt of its Employee Stock Ownership Plan ("ESOP").

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TRIBUNE COMPANY
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES (In thousands, except ratios)
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Filing Submission 0000912057-01-008471 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Tribune Media Co – ‘10-K’ for 12/31/00 – EX-12

On: Tuesday, 3/27/01, at 2:17pm ET · For: 12/31/00 · Accession #: 912057-1-8471 · File #: 1-08572

Previous ‘10-K’: ‘10-K/A’ on 6/27/00 for 12/26/99 · Next: ‘10-K/A’ on 6/28/01 for 12/31/00 · Latest: ‘10-K’ on 3/1/19 for 12/31/18

Annual Report — Form 10-KFiling Table of Contents

EX-12 — Comp of EarningsExhibit Table of Contents

This exhibit is an HTML Document rendered as filed. [ Alternative Formats ]

Annual Report — Form 10-K
Filing Table of Contents

EX-12 — Comp of Earnings
Exhibit Table of Contents