EX-12.1 3 dex121.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Computation of Ratio of Earnings to Fixed Charges
Exhibit 12.1  
 
Ratio of Earnings to Fixed Charges  
 
    
Nine Months Ended  
September 30,  
  
Year Ended December 31,  
    
2001  
  
2000  
  
1999  
  
1998  
  
1997  
  
1996  
    
(amounts in thousands)  
Net loss  
       
$(572,364
)  
    
$(1,411,273
)  
  
$(719,968
)  
  
$(124,546
)  
  
$(31,020
)  
  
$(6,246
)  
Equity in losses of equity-method
     investees  
       
28,472
 
    
304,596
 
  
76,769
 
  
2,905
 
  
—  
 
  
—  
 
      
   
 
 
 
 
Net loss before equity in
     losses of equity-method
     investees  
       
(543,892
)  
    
(1,106,677
)  
  
(643,199
)  
  
(121,641
)  
  
(31,020
)  
  
(6,246
)  
      
   
 
 
 
 
Plus fixed charges:  
       
 
   
 
 
 
 
 
 
 
 
 
     Interest expense including
          amortization of debt
          issuance costs  
       
103,942
 
    
130,921
 
  
84,566
 
  
26,639
 
  
326
 
  
5
 
     Assumed interest element
          included in rent expense  
       
7,248
 
    
10,773
 
  
4,732
 
  
2,833
 
  
700
 
  
90
 
      
   
 
 
 
 
      
111,190
 
    
141,694
 
  
89,298
 
  
29,472
 
  
1,026
 
  
95
 
      
   
 
 
 
 
     Adjusted earnings (loss)  
       
(432,702
)  
    
(964,983
)  
  
(553,901
)  
  
(92,169
)  
  
(29,994
)  
  
(6,151
)  
     Fixed charges  
       
(111,190
)  
    
(141,694
)  
  
(89,298
)  
  
(29,472
)  
  
(1,026
)  
  
(95
)  
      
   
 
 
 
 
Deficiency in earnings to cover
     fixed charges  
       
$(543,892
)  
    
$(1,106,677
)  
  
$(643,199
)  
  
$(121,641
)  
  
$(31,020
)  
  
$(6,246
)