EX-12.1 9 a2074498zex-12_1.txt PROTECTION ONE, INC. COMPUTATION OF RATIO/EARNINGS EXHIBIT 12.1 PROTECTION ONE, INC. COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (IN THOUSANDS)
PROTECTION ONE --------------------------------------------- Year Ended Year Ended Year Ended December December December 31, 2001 31, 2000 31, 1999 ------------- ------------- ------------- Earnings: Net loss $ (86,048) $ (57,171) $ (80,736) Adjustments: Extraordinary (gain) loss (34,478) (49,273) 1,691 Consolidated provision for income taxes (40,096) (35,872) (27,108) Fixed charges less interest income 51,719 60,332 87,037 ------------- ------------- ------------- Earnings as adjusted (A) (108,903) (81,984) (19,116) ============= ============= ============= Fixed Charges: Interest on debt and capitalized leases 50,947 59,322 84,691 Amortization of deferred financing costs 772 1,010 2,346 ------------- ------------- ------------- Fixed Charges (B) 51,719 60,332 87,037 ============= ============= ============= Ratio of earnings to fixed charges (A) divided by (B) (2.11) (1.36) (0.22) Deficiency of earnings to fixed charges 160,622 142,316 106,153
PROTECTION ONE ----------------------------- Year Ended Year Ended December December 31, 1998 31, 1997 ----------------------------- Earnings: Net loss $ (17,833) $ (42,315) Adjustments: Extraordinary (gain) loss (1,591) -- Consolidated provision for income taxes (3,689) (28,405) Fixed charges less interest income 56,129 33,483 ------------- ------------- Earnings as adjusted (A) 33,016 (37,237) ============= ============= Fixed Charges: Interest on debt and capitalized leases 55,990 33,483 Amortization of deferred financing costs 139 -- ------------- ------------- Fixed Charges (B) 56,129 33,483 ============= ============= Ratio of earnings to fixed charges (A) divided by (B) 0.59 (1.11) Deficiency of earnings to fixed charges 23,113 70,720