Exhibit 12.1
Hughes Communications, Inc.
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
Year ended December 31, | Nine months ended September 30, | ||||||||||||||||||||||||||
| 2002 | 2003 | 2004 | 2005 | 2006 | 2006 | 2007 | |||||||||||||||||||||
Earnings: | |||||||||||||||||||||||||||
Income (loss) before income taxes and minority interests | $ | (15,627 | ) | $ | (399 | ) | $ | 22,292 | $ | (6,986 | ) | $ | 16,804 | $ | 5,908 | $ | 25,630 | ||||||||||
Fixed charges | 16 | 33 | 44 | 58 | 53,354 | 38,576 | 44,595 | ||||||||||||||||||||
Capitalized interest | — | — | — | — | (1,900 | ) | (3,200 | ) | (7,600 | ) | |||||||||||||||||
Earnings | $ | (15,611 | ) | $ | (366 | ) | $ | 22,336 | $ | (6,928 | ) | $ | 68,258 | $ | 41,284 | $ | 62,625 | ||||||||||
Fixed charges: | |||||||||||||||||||||||||||
Interest | $ | 16 | $ | — | $ | — | $ | — | $ | 49,691 | $ | 35,848 | $ | 41,670 | |||||||||||||
Portion of rent expense representative of interest | — | 33 | 44 | 58 | 3,663 | 2,728 | 2,925 | ||||||||||||||||||||
Total fixed charges | $ | 16 | $ | 33 | $ | 44 | $ | 58 | $ | 53,354 | $ | 38,576 | $ | 44,595 | |||||||||||||
Ratio of earnings to fixed charges | Note 1 | Note 1 | 507.6x | Note 1 | 1.3x | 1.1x | 1.4x | ||||||||||||||||||||
Deficiency of earnings to fixed charges | $ | (15,627 | ) | $ | (399 | ) | $ | — | $ | (6,986 | ) | $ | — | $ | — | $ | — | ||||||||||
| ** | Note 1: Ratio not provided due to deficiency in period. |
