EX-12.1 4 dex121.htm STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Statement Regarding Computation 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 Six Months
Ended June 30,


 
         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 )   $ (62,717 )   $ (166,928 )

Interest expense

     888       96,702       180,206       167,663       196,681       223,383       20,619       71,613  

Interest component of lease rental expense

     —         2,881       2,821       3,581       4,964       4,170       628       1,238  
    


 


 


 


 


 


 


 


Income as adjusted

   $ (2,800 )   $ (160,798 )   $ (303,919 )   $ (1,279,379 )   $ (971,443 )   $ (551,921 )   $ (41,470 )   $ (94,077 )
    


 


 


 


 


 


 


 


FIXED CHARGES

                                                                

Interest Expense

   $ 888     $ 96,702     $ 180,206     $ 167,663     $ 196,681     $ 223,383     $ 20,619     $ 71,613  

Interest component of lease rental expense

     —         2,881     $ 2,821       3,581       4,964       4,170       628       1,238  
    


 


 


 


 


 


 


 


Total fixed charges

   $ 888     $ 99,583     $ 183,027     $ 171,244     $ 201,645     $ 227,553     $ 21,247     $ 72,851  
    


 


 


 


 


 


 


 


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 )   $ (62,717 )   $ (166,928 )