EX-12.1 3 dex121.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Prepared by R.R. Donnelley Financial -- Computation of Ratio of Earnings to Fixed Charges
 
Exhibit 12.1
 
Ratio of Earnings To Fixed Charges
 
    
Six Months Ended June 30,
     
Year Ended December 31,
  
    
2002
     
2001
     
2000
     
1999
     
1998
     
1997
  
    
(amounts in thousands)
  
Net loss
   
$
(116,703
)
   
$
(567,277
)
   
$
(1,411,273
)
   
$
(719,968
)
   
$
(124,546
)
   
$
(31,020
)
Equity in losses of equity-method investees
   
 
2,912
 
   
 
30,327
 
   
 
304,596
 
   
 
76,769
 
   
 
2,905
 
   
 
—  
 
    
  
  
  
  
  
Net loss before equity in losses of equity-method investees
   
 
(113,791
)
   
 
(536,950
)
   
 
(1,106,677
)
   
 
(643,199
)
   
 
(121,641
)
   
 
(31,020
)
    
  
  
  
  
  
Plus fixed charges:
                                                      
Interest expense including amortization of debt issuance costs
   
 
70,895
 
   
 
139,232
 
   
 
130,921
 
   
 
84,566
 
   
 
26,639
 
   
 
326
 
Assumed interest element included in rent expense
   
 
3,368
 
   
 
8,880
 
   
 
10,773
 
   
 
4,732
 
   
 
2,833
 
   
 
700
 
    
  
  
  
  
  
    
 
74,263
 
   
 
148,112
 
   
 
141,694
 
   
 
89,298
 
   
 
29,472
 
   
 
1,026
 
    
  
  
  
  
  
Adjusted earnings (loss)
   
 
(39,528
)
   
 
(388,838
)
   
 
(964,983
)
   
 
(553,901
)
   
 
(92,169
)
   
 
(29,994
)
Fixed charges
   
 
(74,263
)
   
 
(148,112
)
   
 
(141,694
)
   
 
(89,298
)
   
 
(29,472
)
   
 
(1,026
)
    
  
  
  
  
  
Deficiency in earnings to cover fixed charges
   
$
(113,791
)
   
$
(536,950
)
   
$
(1,106,677
)
   
$
(643,199
)
   
$
(121,641
)
   
$
(31,020
)