Exhibit 12.1
Computation of Earnings to Fixed Charges
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(in millions, except ratio data)
Year Ended Year Ended
December 31, 1999 December 31, 2000
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DDi Capital DDi Corp. DDi Capital DDi Corp.
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Earnings:
Income before provision for income taxes (19.3) (24.8) 48.8 51.6
Plus: fixed charges 42.4 47.7 37.5 43.1
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23.1 22.9 86.3 94.7
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Fixed Charges:
Interest Expense (income), net 41.4 46.7 36.3 41.2
One-third of rent expense (a) 1.0 1.0 1.2 1.9
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42.4 47.7 37.5 43.1
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Earnings to fixed charges ratio 0.5 0.5 2.3 2.2
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Earnings deficiency, if applicable (19.3) (24.8) n/a n/a
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Year Ended Year Ended
December 31, 2001 December 31, 2002
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DDi Capital DDi Corp. DDi Capital DDi Corp.
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Earnings:
Income before provision for income taxes (86.3) (85.1) (183.0) (273.8)
Plus: fixed charges 16.9 24.6 10.9 25.4
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(69.4) (60.5) (172.1) (248.4)
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Fixed Charges:
Interest Expense (income), net 14.8 22.1 8.6 22.1
One-third of rent expense (a) 2.1 2.5 2.3 3.2
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16.9 24.6 10.9 25.3
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Earnings to fixed charges ratio (4.1) (2.5) (15.75) (9.79)
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Earnings deficiency, if applicable (86.3) (85.1) (183.0) (273.8)
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(a) Based on the amount reported as rent expense under operating leases in the
Company's historical financial statements.