EX-12.1 6 a2153226zex-12_1.htm EXHIBIT 12.1
QuickLinks -- Click here to rapidly navigate through this document


EXHIBIT 12.1


NTL INCORPORATED AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 
  Year ended December 31,
 
 
  2004
  2003
  2002(1)
  2001
  2000
 
 
  Reorganized
Company

  Reorganized
Company

  Predecessor
Company

  Predecessor
Company

  Predecessor
Company

 
 
  (in millions)

 
Fixed charges:                                
Interest   $ 496.6   $ 751.9   $ 857.9   $ 1,337.9   $ 1,015.2  
Interest portion of rental expense     27.3     24.4     43.4     21.4     11.7  
   
 
 
 
 
 
Fixed charges   $ 523.9   $ 776.3   $ 901.3   $ 1,359.3   $ 1,026.9  
   
 
 
 
 
 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
(Loss) from continuing operations   $ (890.1 ) $ (988.1 ) $ (2,483.6 ) $ (11,789.8 ) $ (2,523.2 )
Fixed charges     523.9     776.3     901.3     1,359.3     1,026.9  
Less: capitalized interest         (5.5 )   (46.3 )   (67.7 )   (95.1 )
   
 
 
 
 
 
    $ (366.2 ) $ (217.3 ) $ (1,628.6 ) $ (10,498.2 ) $ (1,591.4 )
   
 
 
 
 
 

Ratio of Earnings to Fixed Charges (2)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
  Deficiency     (890.1 )   (993.6 )   (2,529.9 )   (11,857.5 )   (2,618.3 )

        The ratio of earnings to fixed charges and combined fixed charges and preferred stock dividends is not meaningful for the periods that result in a deficit.

(1)
In accordance with SOP 90-7, the Company discontinued accruing interest on certain of its debt. For the year ended December 31, 2002, contractual interest was $1,425.4 million, which was $645.2 million in excess of reported interest expense.

(2)
For the years ended December 31, 2004, 2003, 2002, 2001, and 2000, the deficit of earnings to fixed charges was $890.1 million, $993.6 million, $2,529.9 million, $11,857.5 million, and $2,618.3 million, respectively.



QuickLinks

NTL INCORPORATED AND SUBSIDIARIES COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES