Attached files
| file | filename |
|---|---|
| EX-10.2 - EXHIBIT 10.2 - SYNIVERSE HOLDINGS INC | svr-123115xex102.htm |
| EX-21.1 - EXHIBIT 21.1 - SYNIVERSE HOLDINGS INC | svr-123115xex211.htm |
| EX-32.1 - EXHIBIT 32.1 - SYNIVERSE HOLDINGS INC | svr-123115xex321.htm |
| EX-31.2 - EXHIBIT 31.2 - SYNIVERSE HOLDINGS INC | svr-123115xex312.htm |
| EX-31.1 - EXHIBIT 31.1 - SYNIVERSE HOLDINGS INC | svr-123115xex311.htm |
| EX-10.5 - EXHIBIT 10.5 - SYNIVERSE HOLDINGS INC | svr-123115xex105.htm |
| 10-K - 10-K - SYNIVERSE HOLDINGS INC | svr-123115x10kword.htm |
| EX-32.2 - EXHIBIT 32.2 - SYNIVERSE HOLDINGS INC | svr-123115xex322.htm |
Exhibit 12.1
Ratio of Earnings to Fixed Charges (unaudited) (in thousands)
Successor | Predecessor | |||||||||||||||||||||||
January 13 | January 13 | January 1 | ||||||||||||||||||||||
Year Ended | Year Ended | Year Ended | through | through | through | |||||||||||||||||||
December 31, | December 31, | December 31, | December 31, | December 31, | January 12, | |||||||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | 2011 | |||||||||||||||||||
Net loss | $ | (49,312 | ) | $ | (46,300 | ) | $ | (40,295 | ) | $ | (195 | ) | $ | (19,669 | ) | $ | (30,767 | ) | ||||||
Benefit from income taxes | (31,277 | ) | (25,093 | ) | (4,328 | ) | (7,889 | ) | (16,926 | ) | (13,664 | ) | ||||||||||||
Loss before benefit from income taxes | (80,589 | ) | (71,393 | ) | (44,623 | ) | (8,084 | ) | (36,595 | ) | (44,431 | ) | ||||||||||||
Fixed charges: | ||||||||||||||||||||||||
Interest expense | 109,885 | 110,724 | 113,079 | 94,298 | 105,549 | 803 | ||||||||||||||||||
Amortization of deferred debt issuance costs and original issue discount | 13,258 | 12,512 | 12,577 | 14,406 | 7,447 | 56 | ||||||||||||||||||
Estimated interest factor on operating leases | 1,923 | 2,329 | 1,854 | 1,992 | 1,936 | 75 | ||||||||||||||||||
Total fixed charges | 125,066 | 125,565 | 127,510 | 110,696 | 114,932 | 934 | ||||||||||||||||||
Earnings: | ||||||||||||||||||||||||
Loss from continuing operations before income taxes | (80,589 | ) | (71,393 | ) | (44,623 | ) | (8,084 | ) | (36,595 | ) | (44,431 | ) | ||||||||||||
Fixed charges | 125,066 | 125,565 | 127,510 | 110,696 | 114,932 | 934 | ||||||||||||||||||
Total earnings | $ | 44,477 | $ | 54,172 | $ | 82,887 | $ | 102,612 | $ | 78,337 | $ | (43,497 | ) | |||||||||||
Ratio of earnings to fixed charges | — (1) | — (1) | — (1) | — (1) | — (1) | — (1) | ||||||||||||||||||
(1) | Earnings consist of loss from continuing operations before income taxes. Fixed charges consist of interest on borrowings, amortization of deferred debt issuance costs and original issue discount and an estimated interest factor on operating leases. For the years ended December 31, 2015, 2014, 2013 and 2012, earnings were insufficient to cover fixed charges by $80,589, $71,393, $44,623 and $8,084, respectively. For the periods from January 13, 2011 through December 31, 2011 and January 1, 2011 through January 12, 2011, earnings were insufficient to cover fixed charges by $36,595 and $44,431, respectively. |