Exhibit 12.1
RCN CORPORATION AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In Thousands)
December 21 - 2004 | January 1 - 2004 | FOR THE YEAR ENDED DECEMBER 31, | For the Quarter Ended March 31, | |||||||||||||||||||||||||||||
2003 | 2002 | 2001 | 2000 | 2005 | 2004 | |||||||||||||||||||||||||||
(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 | ) | $ | (29,079 | ) | $ | (98,052 | ) | ||||||||
Interest expense | 888 | 96,702 | 180,206 | 167,663 | 196,681 | 223,383 | 10,233 | 42,429 | ||||||||||||||||||||||||
Interest component of lease rental expense | — | 2,881 | 2,821 | 3,581 | 4,964 | 4,170 | 314 | 619 | ||||||||||||||||||||||||
Income as adjusted | $ | (2,800 | ) | $ | (160,798 | ) | $ | (303,919 | ) | $ | (1,279,379 | ) | $ | (971,443 | ) | $ | (551,921 | ) | $ | (18,532 | ) | $ | (55,004 | ) | ||||||||
FIXED CHARGES | ||||||||||||||||||||||||||||||||
Interest Expense | $ | 888 | $ | 96,702 | $ | 180,206 | $ | 167,663 | $ | 196,681 | $ | 223,383 | $ | 10,547 | $ | 42,429 | ||||||||||||||||
Interest component of lease rental expense | — | 2,881 | $ | 2,821 | 3,581 | 4,964 | 4,170 | 314 | 619 | |||||||||||||||||||||||
Total fixed charges | $ | 888 | $ | 99,583 | $ | 183,027 | $ | 171,244 | $ | 201,645 | $ | 227,553 | $ | 10,547 | $ | 43,048 | ||||||||||||||||
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 | ) | $ | (29,079 | ) | $ | (98,052 | ) |