EX-12.1 2 dex121.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

Exhibit 12.1 Computation of Ratio of Earnings To Fixed Charges  
Three Months
        
Year Ended December 31,
       
   
Ended March 31,
 
   
2001
    
2000
    
1999
    
1998
    
1997
    
1996
  
 
                (amounts in thousands)              
Net loss
$
 (234,131
)
$
(1,411,273
)
$
(719,968
)
$
(124,546
)
$
(31,020
)
$
(6,246
)
Equity in losses of equity-method investees
13,175
304,596
76,769
2,905
-
-
 
Loss before equity in losses of equity-method investees
(220,956
)
(1,106,677
)
(643,199
)
(121,641
)
(31,020
)
(6,246
)
 
Plus fixed charges:
          Interest expense including amortization
                    of debt issuance costs
33,748
130,921
84,566
26,639
326
5
          Assumed interest element included in
                    rent expense
2,783
10,773
4,732
2,833
700
90
 

36,531

141,694
89,298
29,472
1,026
95
          Adjusted loss
(184,425
)
(964,983
)
(553,901
)
(92,169
)
(29,994
)
(6,151
)
          Fixed charges
(36,531
)
(141,694
)
(89,298
)
(29,472
)
(1,026
)
(95
)
 
Deficiency in earnings to cover fixed charges
$
(220,956
)
$
(1,106,677
)
$
(643,199
)
$
(121,641
)
$
(31,020
)
$
(6,246
)