Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - NII HOLDINGS INC | Financial_Report.xls |
| 10-Q - 10-Q - NII HOLDINGS INC | w79950e10vq.htm |
| EX-31.2 - EX-31.2 - NII HOLDINGS INC | w79950exv31w2.htm |
| EX-31.1 - EX-31.1 - NII HOLDINGS INC | w79950exv31w1.htm |
| EX-32.2 - EX-32.2 - NII HOLDINGS INC | w79950exv32w2.htm |
| EX-32.1 - EX-32.1 - NII HOLDINGS INC | w79950exv32w1.htm |
Exhibit 12.1
NII HOLDINGS, INC.
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS
TO FIXED CHARGES
(dollars in thousands)
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS
TO FIXED CHARGES
(dollars in thousands)
| Three Months Ended | ||||||||
| September 30, | ||||||||
| 2010 | 2009 | |||||||
Income from continuing operations before income tax |
$ | 173,819 | $ | 174,856 | ||||
Add: |
||||||||
Fixed charges |
103,206 | 76,888 | ||||||
Amortization of capitalized interest |
2,607 | 2,208 | ||||||
Less: |
||||||||
Interest capitalized |
2,689 | 3,810 | ||||||
Equity in (losses) gains of unconsolidated affiliates |
— | — | ||||||
Losses attributable to minority interests |
— | — | ||||||
Earnings as adjusted |
$ | 276,943 | $ | 250,142 | ||||
Fixed charges: |
||||||||
Interest expense on indebtedness (including
amortization of
debt expense and discount) |
$ | 83,458 | $ | 58,551 | ||||
Interest capitalized |
2,689 | 3,810 | ||||||
Portion of rent expense representative of interest (30%) |
17,059 | 14,527 | ||||||
Fixed charges |
$ | 103,206 | $ | 76,888 | ||||
Ratio of earnings to fixed charges |
2.68 | 3.25 | ||||||
Deficiency of earnings to cover fixed charges |
$ | — | $ | — | ||||