EX-12.1 3 dex121.htm STATEMENT REGARDING COMUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Statement regarding comutation of ratio of earnings to fixed charges

Exhibit 12.1

 

RCN CORPORATION AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(In Thousands)

 

    

December 21 -
December 31,

2004

    

January 1 -
December 20,

2004

     FOR THE YEAR ENDED DECEMBER 31,
     For the Quarter
Ended March 31,
  
         2003
     2002
     2001
     2000
     2005
     2004
  
     (Successor)     (Predecessor)     (Predecessor)     (Successor)     (Predecessor)  

Income (loss) from continuing operations, before income taxes and reorganizational costs

    $ (3,688 )   $ (260,381 )   $ (486,946 )   $ (1,450,622 )   $ (1,173,088 )   $ (779,474 )   $ (29,079 )   $ (98,052 )

Interest expense

      888       96,702       180,206       167,663       196,681       223,383       10,233       42,429  

Interest component of lease rental expense

      —         2,881       2,821       3,581       4,964       4,170       314       619  
    
 
 
 
 
 
 
 

Income as adjusted

    $ (2,800 )   $ (160,798 )   $ (303,919 )   $ (1,279,379 )   $ (971,443 )   $ (551,921 )   $ (18,532 )   $ (55,004 )
    
 
 
 
 
 
 
 

FIXED CHARGES

                                                                 

Interest Expense

    $ 888     $ 96,702     $ 180,206     $ 167,663     $ 196,681     $ 223,383     $ 10,547     $ 42,429  

Interest component of lease rental expense

      —         2,881     $ 2,821       3,581       4,964       4,170       314       619  
    
 
 
 
 
 
 
 

Total fixed charges

    $ 888     $ 99,583     $ 183,027     $ 171,244     $ 201,645     $ 227,553     $ 10,547     $ 43,048  
    
 
 
 
 
 
 
 

Ratio of Earnings to Fixed Charges

      —         —         —         —         —         —         —         —    

Deficit of earnings to fixed charges

    $ (3,688 )   $ (260,381 )   $ (486,946 )   $ (1,450,622 )   $ (1,173,088 )   $ (779,474 )   $ (29,079 )   $ (98,052 )