1 EXHIBIT 11.1 POLAND COMMUNICATIONS, INC. For the years ended December 31, 1996, 1995, and 1994 (in thousands, except per share data) Year Ended Year Ended Year Ended December 31, 1996 December 31, 1995 December 31, 1994 ----------------- ----------------- ----------------- Net Loss (6,617) (1,289) (2,383) ======= ======= ======= Weighted average number of shares outstanding 17,271 11,037 10,880 Weighted average shares of convertible preferred stock 3,877 812 812 ------- ------- ------- Weighted average number of common and common equivalent shares 21,148 11,849 11,692 ======= ======= ======= Net loss per share (312.89) (108.79) (203.81) ======= ======= ======= Page 1