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EXHIBIT 12.1
TRICOM, S.A. and Subsidiaries
Computation in ratio of earning to fixed charges
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EARNINGS 1998 1999 2000 2001 2002
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Earnings Pre-tax ......................... $ 17,553,898 $ 22,295,896 $ 9,815,541 $ (24,377,540) $ (77,476,003)
(+) Fixed Charges ................... 28,206,286 34,330,031 45,337,053 51,908,715 67,875,661
(+) Amortized Capital Interest ...... 875,377 1,612,081 2,385,453 3,088,821 3,343,841
(-) Interest Capitalized ............ 10,200,000 11,900,000 11,300,000 9,800,000 3,561,377
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36,435,561 46,338,008 46,238,047 20,819,996 (9,817,878)
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FIXED CHARGES 1998 1999 2000 2001 2002
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Interest Expense .................... 18,006,286 22,430,031 34,037,053 42,108,715 64,314,284
Capitalized Interest ................ 10,200,000 11,900,000 11,300,000 9,800,000 3,561,377
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28,206,286 34,330,031 45,337,053 51,908,715 67,875,661
<Caption>
1998 1999 2000 2001 2002
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RATIO OF EARNINGS TO FIXED CHARGES ....... 1.2918 1.3498 1.0199 0.4011 (0.1446)
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