Exhibit 7.1
MAXCOM TELECOMUNICACIONES, S.A.B. DE C.V.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES IN ACCORDANCE WITH
U.S. GAAP
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES IN ACCORDANCE WITH
U.S. GAAP
Year ended December 31, | ||||||||||||||||||||
2004 | 2005 | 2006 | 2007 | 2008 | ||||||||||||||||
(thousands constant December 31, 2007 pesos for 2004, 2005, 2006 and 2007 and thousands of | ||||||||||||||||||||
nominal pesos for 2008, except ratio data) | ||||||||||||||||||||
Income (Loss) Before Income Tax | 1,350,495 | 213,655 | 72,509 | 299,631 | (470,361 | ) | ||||||||||||||
Determination of the Ratio | ||||||||||||||||||||
Fixed charges: | ||||||||||||||||||||
Interest expense (1) | 46,439 | 110,889 | 94,093 | 233,628 | 368,400 | |||||||||||||||
Interest capitalized during period | (530 | ) | (804 | ) | 71,815 | 3,942 | (50,709 | ) | ||||||||||||
Rental expense | 15,473 | 15,717 | 21,450 | 18,186 | 21,011 | |||||||||||||||
Amortization of Debt issuance costs | (1,480,065 | ) | (14,708 | ) | (137,603 | ) | 5,966 | — | ||||||||||||
Early extinguishment of debt | ||||||||||||||||||||
Total fixed charges: | (1,418,683 | ) | 111,094 | 49,755 | 261,722 | 338,702 | ||||||||||||||
Earnings: | ||||||||||||||||||||
Income (loss) from continuing operations | 1,350,495 | 213,655 | 72,509 | 299,631 | (470,361 | ) | ||||||||||||||
Fixed charges | (1,418,683 | ) | 111,094 | 49,755 | 261,722 | 338,702 | ||||||||||||||
Amortization of capitalized interests | (1,080 | ) | (1,920 | ) | 28,852 | 16,032 | 23,772 | |||||||||||||
Less: interest capitalized during period | 530 | 804 | (71,815 | ) | (3,942 | ) | 50,709 | |||||||||||||
Total earnings: | (68,738 | ) | 323,633 | 79,301 | 573,443 | (57,178 | ) | |||||||||||||
Ratio of Earnings to Fixed Charges | 0.05 | 2.91 | 1.59 | 2.19 | (0.17 | ) | ||||||||||||||
Insufficiency | 1,349,945 | (212,539 | ) | (29,546 | ) | (311,721 | ) | 395,880 | ||||||||||||
MAXCOM TELECOMUNICACIONES, S.A.B. DE C.V.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES IN ACCORDANCE WITH MFRS
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES IN ACCORDANCE WITH MFRS
Year ended December 31, | ||||||||||||||||||||
2004 | 2005 | 2006 | 2007 | 2008 | ||||||||||||||||
(thousands constant December 31, 2007 pesos for 2004, 2005, 2006 and 2007 | ||||||||||||||||||||
and thousands of nominal pesos for 2008, except ratio data) | ||||||||||||||||||||
Income (Loss) Before Income Tax | (112,644 | ) | (48,187 | ) | 30,783 | 133,178 | (671,457 | ) | ||||||||||||
Determination of the Ratio | ||||||||||||||||||||
Fixed charges: | ||||||||||||||||||||
Interest expense (1) | 45,598 | 109,678 | 144,038 | 232,912 | 255,662 | |||||||||||||||
Interest capitalized during period | 311 | 407 | 21,870 | 4,658 | 62,029 | |||||||||||||||
Rental expense | 15,473 | 15,717 | 21,450 | 18,186 | 21,011 | |||||||||||||||
Amortization of Debt issuance costs | 35,190 | 37,780 | 41,732 | 5,966 | — | |||||||||||||||
Early extinguishment of debt | ||||||||||||||||||||
Total fixed charges: | 96,572 | 163,582 | 229,090 | 61,722 | 338,702 | |||||||||||||||
Earnings: | ||||||||||||||||||||
Income (loss) from continuing operations | (112,644 | ) | (48,187 | ) | 30,783 | 133,178 | (671,457 | ) | ||||||||||||
Fixed charges | 96,572 | 163,582 | 229,090 | 261,722 | 338,702 | |||||||||||||||
Amortization of capitalized interests | 844 | 881 | 1,716 | 4,136 | 11,654 | |||||||||||||||
Less: interest capitalized during period | (311 | ) | (407 | ) | (21,870 | ) | (4,658 | ) | (62,029 | ) | ||||||||||
Total earnings: | (15,542 | ) | 115,878 | 239,719 | 394,378 | (383,130 | ) | |||||||||||||
Ratio of Earnings to Fixed Charges | (0.16 | ) | 0.71 | 1.05 | 1.51 | (1.13 | ) | |||||||||||||
Insufficiency | 112,114 | 47,704 | (10,629 | ) | (132,656 | ) | (721,833 | ) | ||||||||||||