EXHIBIT 12
CINEMARK HOLDINGS, INC.
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
Year Ended December 31,  
2010  2011  2012  2013  2014  
Computation of Earnings: 

Pretax income from continuing operations before equity income 
$  210,939  $  199,981  $  283,709  $  241,182  $  267,320  
Add: 

Fixed charges 
188,432  205,167  207,107  215,489  207,100  
Amortization of capitalized interest 
496  496  496  496  496  
Distributed income (loss) of equity investees 
(3,438  )  5,651  13,109  22,682  22,743  
Less: 

Capitalized interest 
—  —  —  —  —  











TOTAL EARNINGS 
$  396,429  $  411,295  $  504,421  $  479,849  $  497,659  











Computation of Fixed Charges: 

Interest expense 
$  107,728  $  118,358  $  118,873  $  119,238  $  108,453  
Capitalized interest 
—  —  —  —  —  
Amortization of debt issue costs 
4,716  4,744  4,792  5,476  5,245  
Interest factor on rent expense 
75,988  82,065  83,442  90,775  93,402  











TOTAL FIXED CHARGES 
$  188,432  $  205,167  $  207,107  $  215,489  $  207,100  











RATIO OF EARNINGS TO FIXED CHARGES ^{(1)} 
2.10x  2.00x  2.44x  2.23x  2.40x  










^{(1)}  For the purposes of calculating the ratio of earnings to fixed charges, earnings consist of income from continuing operations before taxes plus fixed charges excluding capitalized interest. Fixed charges consist of interest expense, capitalized interest, amortization of debt issue cost and that portion of rental expense which we believe to be representative of the interest factor. 