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Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Avg
|
- 10-K Annual report
- 4.10 EX-4.10
- 10.1 EX-10.1
- 10.3 EX-10.3
- 10.4 EX-10.4
- 10.19 EX-10.19
- 10.20 EX-10.20
- 10.26 EX-10.26
- 10.27 EX-10.27
- 10.38 EX-10.38
- 10.39 EX-10.39
- 10.47 EX-10.47
- 10.48 EX-10.48
- 10.49 EX-10.49
- 12.1 EX-12.1
- 14.1 EX-14.1
- 21.1 EX-21.1
- 23.1 EX-23.1
- 23.2 EX-23.2
- 31.1 EX-31.1
- 31.2 EX-31.2
- 32.1 EX-32.1
Exhibit 12.1
VIRGIN MEDIA INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions, except ratios)
|
| Year ended December 31, |
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|
| 2007 |
| 2006 |
| 2005 |
| 2004 |
| 2003 |
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Fixed charges: |
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|
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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 |
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Earnings: |
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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 |
| — |
| — |
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|
|
|
|
|
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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.