EX-12.1 2 bnhex121ratioofearningstof.htm EXHIBIT 12.1 BNH.EX12.1: RATIO OF EARNINGS TO FIXED CHARGES12.31.2013


Exhibit 12.1
BROADVIEW NETWORKS HOLDINGS, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 
 
    Years Ended December 31,
 
 
2013
 
2012
 
2011
 
2010
 
2009
 
 
 
 
 
 
 
 
 
 
 
Earnings:
 
 
 
 
 
 
 
 
 
 
Loss from operations before provision for income taxes
 
$
(7,217
)
 
$
(34,049
)
 
$
(10,857
)
 
$
(17,591
)
 
$
(15,095
)
Interest charges
 
17,196

 
35,200

 
38,302

 
38,379

 
39,853

Interest factor in operating rents (1)
 
2,662

 
2,698

 
3,413

 
3,623

 
3,816

 
 
 
 
 
 
 
 
 
 
 
Total income
 
12,641

 
3,849

 
30,858

 
24,411

 
28,574

 
 
 
 
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
 
 
Interest charges
 
17,196

 
35,200

 
38,302

 
38,379

 
39,853

Interest factor in operating rents (1)
 
2,662

 
2,698

 
3,413

 
3,623

 
3,816

 
 
 
 
 
 
 
 
 
 
 
Total fixed charges
 
19,858

 
37,898

 
41,715

 
42,002

 
43,669

 
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
 
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
Deficiency
 
$
(7,217
)
 
$
(34,049
)
 
$
(10,857
)
 
$
(17,591
)
 
$
(15,095
)

(1)
For purposes of computing the ratio of earnings to fixed charges, earnings consist of earnings before income taxes plus fixed charges. Fixed charges consists of interest expense and the portion (approximately 33%) of rental expense that management believes is representative of the interest component of rental expense.