EX-12.1 15 a2182918zex-12_1.htm EX-12.1

Exhibit 12.1

 

VIRGIN MEDIA INC. AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(in millions, except ratios)

 

 

 

Year ended December 31,

 

 

 

2007

 

2006

 

2005

 

2004

 

2003

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

Interest

 

£

514.2

 

£

457.4

 

£

235.8

 

£

271.0

 

£

459.9

 

Interest portion of rental expense

 

20.4

 

17.7

 

14.2

 

14.9

 

14.9

 

Fixed charges

 

534.6

 

£

475.1

 

£

250.0

 

£

285.9

 

£

474.8

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

Loss from continuing operations

 

£

(471.8

)

£

(531.4

)

£

(221.9

)

£

(504.4

)

£

(606.6

)

Fixed charges

 

534.6

 

475.1

 

250.0

 

285.9

 

474.8

 

Less: capitalized interest

 

 

 

—

 

—

 

—

 

(3.4

)

(Deficit) earnings

 

£

62.8

 

£

(56.3

)

£

28.1

 

£

(218.5

)

£

(135.2

)

Ratio of earnings to fixed charges

 

0.1

 

—

 

0.1

 

—

 

—

 

 

 

 

 

 

 

 

 

 

 

 

 

Deficiency (1)

 

—

 

£

(531.4

)

—

 

£

(504.4

)

£

(610.0

)

 

The ratio of earnings to fixed charges is not meaningful for the periods that result in a deficit.

 

 (1)          Earnings for the years ended December 31, 2006, 2004, and 2003 were inadequate to cover fixed charges by the amounts indicated in this row.