EXHIBIT 12.1 CoreComm Limited and Subsidiaries
EXHIBIT 12.1
CoreComm Limited and Subsidiaries
--------------------------
The Predecessor OCOM
--------------------------
For the period For the
from period
April 1, 1998 from
(Date Operations January 1,
Commenced) to 1998 to May
December 31 December 31 December 31 December 31, 1998 31, 1998 December 31
----------------------------------------------------------------------------------------------
2001 2000 1999 1997
----------------------------------------------------------------------------------------------
Fixed charges:
Interest $46,532,000 $19,451,000 $5,104,000 $21,000 $0 $0
Amortization of debt expense 1,782,000 1,006,000 237,000 0 0
Interest portion of rental expense 2,930,000 2,588,000 1,717,000 118,000 33,000 44,000
------------- ------------- ------------- ------------- ------------ -----------
$53,026,000 $24,051,000 $7,295,000 $139,000 $33,000 $44,000
Earnings:
Income (loss) from operations ($658,990,000) ($313,561,000) ($102,793,000) ($15,815,000) ($2,782,000) ($4,379,000)
Fixed charges per above 53,026,000 24,051,000 7,295,000 139,000 33,000 44,000
Less: Capitalized interest 0 0 0 0 0 0
------------- ------------- ------------- ------------- ------------ -----------
($605,964,000) ($289,510,000) ($95,498,000) ($15,676,000) ($2,749,000) ($4,335,000)
============= ============= ============= ============= ============ ============
Ratio of Earnings to Fixed Charges (1) - - - - - -
The ratio of earnings to fixed charges is not meaningful for the periods that result in a deficit.
(1) For the years ended December 31, 2001, 2000 and 1999, the period from April 1, 1998 to December 31, 1998, the
period from January 1, 1998 to May 31, 1998, and the year ended December 31, 1997, the deficit of earnings to fixed
charges was $658,990,000, $313,561,000, $102,793,000, $15,815,000, $2,782,000 and $4,379,000, respectively.
