EX-12.1 9 b45104a1exv12w1.txt COMPUTATION OF RATIO OF EARNINGS . . . Exhibit 12.1 COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
YEARS ENDED DECEMBER 31, -------------------------- 1998 1999 2000 2001 2002 ---- ---- ---- ---- ---- EARNINGS Net loss (11,890) (43,886) (91,930) (97,566) (24,958) ADD: income tax benefit (191) (9,349) (35,879) (38,870) (12,434) fixed charges 73,354 110,958 182,827 154,604 137,493 ------- ------- ------- ------- ------- Earnings (loss) as adjusted (a) 61,273 57,723 55,018 18,168 100,101 ------- ------- ------- ------- ------- FIXED CHARGES Interest expense 60,008 89,619 147,607 113,026 92,178 Rents under leases representative of an interest factor (1/3) 12,981 21,065 35,220 41,578 45,315 Preferred dividends 365 274 0 0 0 ------- ------- ------- ------- ------- Total fixed charges combined with preferred dividends (b) 73,354 110,958 182,827 154,604 137,493 ------- ------- ------- ------- ------- RATIO OF EARNINGS TO FIXED CHARGES (A) DIVIDED BY (B) 0.84 0.52 0.30 0.12 0.73 ------- ------- ------- ------- -------