EX-12.1 3 g83820a1exv12w1.txt EX-12.1 COMPUTATION OF RATIO OF EARNINGS . . . EXHIBIT 12.1 COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (In thousands)
Year Ended December 31, Six months ended June 30, --------------------------------------------------------------- ------------------------- 1998 1999 2000 2001 2002 2002 2003 -------- --------- ----------- ----------- -------- ------- --------- Coverage deficiency $(54,048) $(287,992) $(3,080,794) $(6,669,561) $(59,704) $(50,398) $(31,647) ======== ========= =========== =========== ======== ======== ========
No computation of the ratio of earnings to fixed charges is presented as we had a loss from continuing operations for all periods presented. We need additional earnings, as indicated by the coverage deficiency for each of the periods presented above to achieve a ratio of earnings to fixed charges of 1.0X.