EXHIBIT 12.1 CROWN SYSTEMS RATIO OF EARNINGS TO FIXED CHARGES CALCULATION (IN THOUSANDS, EXCEPT RATIO AMOUNTS) 1992 1993 1994 ---- ---- ---- Earnings - -------- Loss before income taxes $(29,539) $(27,213) $(28,183) Fixed charges 19,547 12,051 15,053 ---------- ---------- ---------- Earnings $(9,992) $(15,162) $(13,130) ========== ========== ========== Fixed charges - ------------- Interest expense 19,547 12,051 15,053 ----------- ---------- ---------- Total fixed charges $ 19,547 $12,051 $15,053 =========== ========== ========== Ratio of earnings to fixed charges(1) - - - (1) Earnings for the years ended December 31, 1992, 1993 and 1994 were insufficient to cover the fixed charges by $29,539, $27,213 and $28,183, respectively. As a result of such deficiencies, the ratios are not presented above.