EX-12.1 4 dex121.txt COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES. Exhibit 12.1 Exhibit 12.1 Ratio of Earnings To Fixed Charges
Three Months Ended March 31, Year Ended December 31, ----------------------------------------------------------------------------- 2002 2001 2000 1999 1998 1997 ----------------------------------------------------------------------------- (amounts in thousands) Net loss $(23,150) $(567,277) $(1,411,273) $(719,968) $(124,546) $(31,020) Equity in losses of equity-method investees 1,744 30,327 304,596 76,769 2,905 - ----------------------------------------------------------------------------- Net loss before equity in losses of equity-method investees (21,406) (536,950) (1,106,677) (643,199) (121,641) (31,020) ----------------------------------------------------------------------------- Plus fixed charges: Interest expense including amortization of debt issuance costs 35,244 139,232 130,921 84,566 26,639 326 Assumed interest element included in rent expense 1,659 8,880 10,773 4,732 2,833 700 ----------------------------------------------------------------------------- 36,903 148,112 141,694 89,298 29,472 1,026 ----------------------------------------------------------------------------- Adjusted earnings (loss) 15,497 (388,838) (964,983) (553,901) (92,169) (29,994) Fixed charges (36,903) (148,112) (141,694) (89,298) (29,472) (1,026) ----------------------------------------------------------------------------- Deficiency in earnings to cover fixed charges $(21,406) (536,950) $(1,106,677) $(643,199) $(121,641) $(31,020) =============================================================================