Sports Club Co Inc – ‘S-4’ on 4/16/99 – EX-12.1

As of:  Friday, 4/16/99   ·   Accession #:  950148-99-847   ·   File #:  333-76429

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Registration of Securities Issued in a Business-Combination Transaction   —   Form S-4
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-4         Registration of Securities Issued in a               123    673K 
                          Business-Combination Transaction                       
 2: EX-5.1      Opinion re: Legality                                   2±    10K 
 3: EX-5.2      Opinion re: Legality                                   2±    10K 
 4: EX-12.1     Statement re: Computation of Ratios                    1      9K 
 5: EX-21.1     Subsidiaries of the Registrant                         2±     6K 
 6: EX-23.1     Consent of Experts or Counsel                          1      6K 
 7: EX-25.1     Statement re: Eligibility of Trustee                   4     14K 
 8: EX-99.1     Miscellaneous Exhibit                                 15     66K 
 9: EX-99.2     Miscellaneous Exhibit                                  2     12K 
10: EX-99.3     Miscellaneous Exhibit                                  2     12K 

EX-12.1   —   Statement re: Computation of Ratios

EX-12.1
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                                                                    EXHIBIT 12.1

THE SPORTS CLUB COMPANY, INC. 

RATIO OF EARNINGS TO FIXED CHARGES

                                                        [Enlarge/Download Table]

                                                   FISCAL YEAR ENDED DECEMBER 31,          PRO FORMA
                                            --------------------------------------------   ---------
                                             1994     1995     1996     1997      1998      1998(1) 
                                            ------   ------   ------   -------   -------   ---------
                                                       (DOLLARS IN THOUSANDS)                       
                                                                                                    
EARNINGS                                                                                            
  Net income before income taxes and        $3,044   $2,778   $2,886   $ 2,554   $10,126    $ 2,455 
     extraordinary charge..................                                                         
  Equity interest in net income of            (641)    (860)    (631)     (696)     (880)      (880)
     unconsolidated subsidiary.............                                                         
  Distributions from unconsolidated            258      320      623       469       447        447 
     subsidiaries..........................                                                         
  Fixed charges............................  2,678     4405    4,675    10,694    10,646     18,317 
                                            ------   ------   ------   -------   -------    ------- 
     Total earnings........................ $5,339   $6,643   $7,553   $13,021   $20,339     20,339 
                                            ======   ======   ======   =======   =======    ======= 
FIXED CHARGES                                                                                       
  Interest expense......................... $1,213   $2,600   $2,682   $ 3,206   $ 1,629    $ 9,300 
  Interest capitalized.....................     --       --       33        50       843        843 
  Rent.....................................  1,465    1,805    1,960     7,438     8,174      8,174 
                                            ------   ------   ------   -------   -------    ------- 
     Total fixed charges................... $2,678   $4,405   $4,675   $10,694   $10,646    $18,317 
                                            ======   ======   ======   =======   =======    ======= 
Ratio of earning to fixed charges..........   2.0x     1.5x     1.6x      1.2x      1.9x       1.1x 
                                            ======   ======   ======   =======   =======    ======= 
INTEREST CAPITALIZED                                                                                
  Spectrum Club -- Puente Hills............ $   --   $   --   $   --   $    --   $    50    $    50 
  Sports Club/Rockefeller Center...........     --       --       --        --        30         30 
  Spectrum Club -- Valencia................     --       --       33        50        --         -- 
  Spectrum Club -- Thousand Oaks...........     --       --       --        --       763        763 
                                            ------   ------   ------   -------   -------    ------- 
     Total interest capitalized............ $   --   $   --   $   33   $    50   $   843    $   843 
                                            ======   ======   ======   =======   =======    ======= 

---------------                                                                 
(1) Adjusted to give effect to the offering of the Old Notes and the application
 of the proceeds therefrom as if the offering occurred on January 1, 1998.

Dates Referenced Herein

This ‘S-4’ Filing		Date		Other Filings
Filed on:		4/16/99		None on these Dates
		1/1/98
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