Exhibit 12.1
RCN CORPORATION AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In Thousands)
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| | December 21 - December 31, 2004
| | | January 1 - December 20, 2004
| | | FOR THE YEAR ENDED DECEMBER 31,
| | | For the Six Months Ended June 30,
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| | | | 2003
| | | 2002
| | | 2001
| | | 2000
| | | 2005
| | | 2004
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| | (Successor) | | | (Predecessor) | | | (Predecessor) | | | (Successor) | | | (Predecessor) | |
Income (loss) from continuing operations, before income taxes and reorganizational costs | | $ | (3,688 | ) | | $ | (260,381 | ) | | $ | (486,946 | ) | | $ | (1,450,622 | ) | | $ | (1,173,088 | ) | | $ | (779,474 | ) | | $ | (62,717 | ) | | $ | (166,928 | ) |
Interest expense | | | 888 | | | | 96,702 | | | | 180,206 | | | | 167,663 | | | | 196,681 | | | | 223,383 | | | | 20,619 | | | | 71,613 | |
Interest component of lease rental expense | | | — | | | | 2,881 | | | | 2,821 | | | | 3,581 | | | | 4,964 | | | | 4,170 | | | | 628 | | | | 1,238 | |
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Income as adjusted | | $ | (2,800 | ) | | $ | (160,798 | ) | | $ | (303,919 | ) | | $ | (1,279,379 | ) | | $ | (971,443 | ) | | $ | (551,921 | ) | | $ | (41,470 | ) | | $ | (94,077 | ) |
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FIXED CHARGES | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest Expense | | $ | 888 | | | $ | 96,702 | | | $ | 180,206 | | | $ | 167,663 | | | $ | 196,681 | | | $ | 223,383 | | | $ | 20,619 | | | $ | 71,613 | |
Interest component of lease rental expense | | | — | | | | 2,881 | | | $ | 2,821 | | | | 3,581 | | | | 4,964 | | | | 4,170 | | | | 628 | | | | 1,238 | |
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Total fixed charges | | $ | 888 | | | $ | 99,583 | | | $ | 183,027 | | | $ | 171,244 | | | $ | 201,645 | | | $ | 227,553 | | | $ | 21,247 | | | $ | 72,851 | |
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Ratio of Earnings to Fixed Charges | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | |
Deficit of earnings to fixed charges | | $ | (3,688 | ) | | $ | (260,381 | ) | | $ | (486,946 | ) | | $ | (1,450,622 | ) | | $ | (1,173,088 | ) | | $ | (779,474 | ) | | $ | (62,717 | ) | | $ | (166,928 | ) |