EX-12
STATEMENT RE COMPUTATION OF RATIOS
DTI Holdings, Inc
Computation of Ratio of Earnings to Fixed Charges
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Fiscal Year Ended
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Selected Historical Data: Earnings were
calculated as follows: 1998 1999 2000
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Loss before income taxes $(11,442,512) $ (31,716,247) $ (55,047,199)
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Add: Fixed charges 13,122,333 39,762,863 46,227,914
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Deduct: Capitalized interest (848,000) (7,582,420) (7,748,681)
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Earnings 831,821 464,196 (16,567,966)
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Fixed charges were calculated as follows:
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Interest expense 11,545,559 29,836,268 34,948,671
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Amortization of deferred financing costs 509,869 1,657,870 1,853,811
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Portion of rentals attributable to interest (one 218,905 686,305 1,676,751
third of lease payments)
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Loan commitment fees 0 0 0
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Capitalized interest 848,000 7,582,420 7,748,681
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Fixed charges 13,122,333 39,762,863 46,227,914
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Ratio fixed earnings to fixed charges n/a n/a n/a
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Deficiency 12,290,512 39,298,667 62,795,880
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