Attached files
Exhibit 12.1
STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in thousands)
Year Ended December 31, | |||||||||||||||
2009 | 2008 | 2007 | 2006 | 2005 | |||||||||||
Net loss attributable to common shareholders |
(116,763 | ) | (202,907 | ) | (148,305 | ) | (135,819 | ) | (102,505 | ) | |||||
Add: fixed charges |
17,448 | 146,027 | 15,421 | 45,147 | 18,942 | ||||||||||
Earnings as defined |
(99,315 | ) | (56,880 | ) | (132,884 | ) | (90,672 | ) | (83,563 | ) | |||||
Fixed charges: |
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Interest expensed and capitalized |
16,939 | 145,332 | 14,827 | 44,582 | 17,559 | ||||||||||
Estimated interest component of rent |
509 | 695 | 594 | 565 | 1,383 | ||||||||||
Total fixed charges |
17,448 | 146,027 | 15,421 | 45,147 | 18,942 | ||||||||||
Ratio of earnings to fixed charges |
(1 | ) | (1 | ) | (1 | ) | (1 | ) | (1 | ) |
(1) | Earnings (as defined) for the period were insufficient to cover fixed charges by an amount equal to the net loss attributable to common shareholders for the period. |