Exhibit 12.1 Ratio of Earnings To Fixed Charges
| Year Ended December 31, |
||||||||||||||||||||
| 2001 |
2000 |
1999 |
1998 |
1997 |
||||||||||||||||
| (amounts in thousands) |
||||||||||||||||||||
| Net loss |
$ |
(567,277 |
) |
$ |
(1,411,273 |
) |
$ |
(719,968 |
) |
$ |
(124,546 |
) |
$ |
(31,020 |
) | |||||
| Equity in losses of equity-method investees |
|
30,327 |
|
304,596 |
|
76,769 |
|
2,905 |
|
— |
||||||||||
| |
|
|
|
|
||||||||||||||||
| Net loss before equity in losses of equity-method investees |
|
(536,950 |
) |
|
(1,106,677 |
) |
|
(643,199 |
) |
|
(121,641 |
) |
|
(31,020 |
) | |||||
| |
|
|
|
|
||||||||||||||||
| Plus fixed charges: |
||||||||||||||||||||
| Interest expense including amortization of debt issuance costs |
|
139,232 |
|
130,921 |
|
84,566 |
|
26,639 |
|
326 |
||||||||||
| Assumed interest element included in rent expense |
|
8,880 |
|
10,773 |
|
4,732 |
|
2,833 |
|
700 |
||||||||||
| |
|
|
|
|
||||||||||||||||
| |
148,112 |
|
141,694 |
|
89,298 |
|
29,472 |
|
1,026 |
|||||||||||
| |
|
|
|
|
||||||||||||||||
| Adjusted earnings (loss) |
|
(388,838 |
) |
|
(964,983 |
) |
|
(553,901 |
) |
|
(92,169 |
) |
|
(29,994 |
) | |||||
| Fixed charges |
|
(148,112 |
) |
|
(141,694 |
) |
|
(89,298 |
) |
|
(29,472 |
) |
|
(1,026 |
) | |||||
| |
|
|
|
|
||||||||||||||||
| Deficiency in earnings to cover fixed charges |
$ |
(536,950 |
) |
$ |
(1,106,677 |
) |
$ |
(643,199 |
) |
$ |
(121,641 |
) |
$ |
(31,020 |
) | |||||
| |
|
|
|
|
||||||||||||||||