Sonic Automotive, Inc.
Exhibit 12.1
Year Ended December 31,
- ---------------------------------------------------------------------------------------------------------------
1997 1998 1999 2000 2001
- ---------------------------------------------------------------------------------------------------------------
Fixed charges:
Interest expense, other 1,199 9,395 21,586 42,244 35,869
Rent expense (interest factor) 716 3,494 8,806 18,241 21,468
- ---------------------------------------------------------------------------------------------------------------
Total fixed charges 1,915 12,889 30,392 60,485 57,337
Income before income taxes 5,998 29,640 72,974 119,872 130,044
- ---------------------------------------------------------------------------------------------------------------
Income before income taxes & fixed charges 7,913 42,529 103,366 180,357 187,381
===============================================================================================================
Ratio of earnings to fixed charges 4.1x 3.3x 3.4x 3.0x 3.3x
===============================================================================================================