Exhibit 12.1
Computation of Earnings to Fixed Charges
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(in millions, except ratio data)
Year Ended Year Ended
December 31, 1998 December 31, 1999
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DDi Capital DDi Corp. DDi Capital DDi Corp.
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Earnings:
Income before provision for income taxes (50.9) (53.3) (19.3) (24.8)
Plus: fixed charges 35.8 37.9 42.4 47.7
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(15.1) (15.4) 23.1 22.9
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Fixed Charges:
Interest Expense (income), net 35.3 37.4 41.4 46.7
One-third of rent expense (a) 0.5 0.5 1.0 1.0
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35.8 37.9 42.4 47.7
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Earnings to fixed charges ratio (0.4) (0.4) 0.5 0.5
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Earnings deficiency, if applicable (50.9) (53.3) (19.3) (24.8)
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Year Ended Year Ended
December 31, 2000 December 31, 2001
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DDi Capital DDi Corp. DDi Capital DDi Corp.
----------- --------- ----------- ---------
Earnings:
Income before provision for income taxes 48.8 51.6 (86.3) (85.1)
Plus: fixed charges 37.5 43.1 16.9 24.6
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86.3 94.7 (69.4) (60.5)
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Fixed Charges:
Interest Expense (income), net 36.3 41.2 14.8 22.1
One-third of rent expense (a) 1.2 1.9 2.1 2.5
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37.5 43.1 16.9 24.6
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Earnings to fixed charges ratio 2.3 2.2 (4.1) (2.5)
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Earnings deficiency, if applicable n/a n/a (86.3) (85.1)
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(a) Based on the amount reported as rent expense under operating leases in the
Company's historical financial statements.