EXHIBIT 12.01
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(in thousands, except ratio data)
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FISCAL YEARS ENDED SEPTEMBER 30,
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2002 2001 2000 1999 1998
Loss before income taxes $(255,653) $(317,305) $ (65,339) $(13,269) $ (42,202)
and minority interests
Fixed charges:
Interest expense 4,227 -- -- -- --
Appropriated portion of rent expense 2,360 1,617 411 550 695
representative of interest
Preferred dividend requirement -- -- -- -- --
Total fixed charges $ 6,587 $ 1,617 $ 411 $ 550 $ 695
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Loss before income taxes $(249,066) $(315,668) $ (64,928) $(12,719) $ (41,507)
and other fixed charges
Ratio of earnings to fixed charges (1) (2) (3) (4) (5)
(1) As a result of the net loss incurred in fiscal 2002, the Company was unable
to fully cover fixed charges. The amount of such deficiency in fiscal 2002
was approximately $256 million.
(2) As a result of the net loss incurred in fiscal 2001, the Company was unable
to fully cover fixed charges. The amount of such deficiency in fiscal 2001
was approximately $317 million.
(3) As a result of the net loss incurred in fiscal 2000, the Company was unable
to fully cover fixed charges. The amount of such deficiency in fiscal 2000
was approximately $65 million.
(4) As a result of the net loss incurred in fiscal 1999, the Company was unable
to fully cover fixed charges. The amount of such deficiency in fiscal 1999
was approximately $13 million.
(5) As a result of the net loss incurred in fiscal 1998, the Company was unable
to fully cover fixed charges. The amount of such deficiency in fiscal 1998
was approximately $42 million.