EXHIBIT 12
 CINEMARK HOLDINGS, INC.
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
 Period From
    
    Period FromJanuary 1, 2004
    
    April 2, 2004
    
    
    
    
    
    Year Endedto
    
    to
    
    
    
    
    
    December 31,April 1, 2004
    
    Dec. 31, 2004
    
    2005
    
    2006
    
    2007
    
    2008Computation of Earnings:Pretax income (loss) from continuing operations
before equity income (loss) and minority
interests
    
    $
    (11,342
    )
    
    $
    13,202
    
    
    $
    (15,303
    )
    
    $
    16,641
    
    
    $
    204,136
    
    
    $
    (21,002
    )Add:Fixed charges
    
    
    21,864
    
    
    
    87,668
    
    
    
    125,121
    
    
    
    156,991
    
    
    
    208,723
    
    
    
    182,185Amortization of capitalized interest
    
    
    115
    
    
    
    345
    
    
    
    470
    
    
    
    472
    
    
    
    474
    
    
    
    489Distributed income (loss) of equity investees
    
    
    37
    
    
    
    136
    
    
    
    227
    
    
    
    (1,646
    )
    
    
    (2,462
    )
    
    
    (2,373
    )Pretax losses of equity investees for which
charges arising from guarantees are
included in fixed charges
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Less:Capitalized interest
    
    
    (73
    )
    
    
    (334
    )
    
    
    (74
    )
    
    
    (86
    )
    
    
    (618
    )
    
    
    (270
    )Preference security dividend requirements of
cons subs
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Minority interest in pretax income of subs
that have not incurred fixed charges
    
    
    (1,466
    )
    
    
    (2,887
    )
    
    
    (924
    )
    
    
    (1,469
    )
    
    
    (792
    )
    
    
    (3,895
    )TOTAL EARNINGS
    
    $
    9,135
    
    
    $
    98,130
    
    
    $
    109,517
    
    
    $
    170,903
    
    
    $
    409,461
    
    
    $
    155,134Computation of Fixed Charges:Interest expense
    
    
    11,972
    
    
    
    56,231
    
    
    
    81,342
    
    
    
    105,986
    
    
    
    140,869
    
    
    
    111,362Capitalized interest
    
    
    73
    
    
    
    334
    
    
    
    74
    
    
    
    86
    
    
    
    618
    
    
    
    270Amortization of debt issue costs
    
    
    590
    
    
    
    1,918
    
    
    
    2,740
    
    
    
    3,342
    
    
    
    4,727
    
    
    
    4,696Interest factor on rent expense
    
    
    9,229
    
    
    
    29,185
    
    
    
    40,965
    
    
    
    47,577
    
    
    
    62,509
    
    
    
    65,857TOTAL FIXED CHARGES
    
    $
    21,864
    
    
    $
    87,668
    
    
    $
    125,121
    
    
    $
    156,991
    
    
    $
    208,723
    
    
    $
    182,185RATIO OF EARNINGS
TO FIXED CHARGES(1)
    
    
    
    
    
    
    1.12x
    
    
    
    
    
    
    
    1.09x
    
    
    
    1.96x
    
    
    
    
 
 (1)
    
    For the purposes of calculating the ratio of earnings to fixed charges, earnings
consist of income (loss) 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. For the period from
January 1, 2004 to April 1, 2004 and the years ended
December 31, 2005 and 2008,
earnings were insufficient to cover fixed charges by
$12.7 million, $15.6 million, and $27.1 million, respectively.