Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - NII HOLDINGS INC | Financial_Report.xls |
| 10-Q - FORM 10-Q - NII HOLDINGS INC | nihd-6302014x10q.htm |
| EX-99.1 - EXHIBIT 99.1 - NII HOLDINGS INC | nihd-6302014x10qxex991.htm |
| EX-31.1 - EXHIBIT 31.1 - NII HOLDINGS INC | nihd-6302014x10qxex311.htm |
| EX-31.2 - EXHIBIT 31.2 - NII HOLDINGS INC | nihd-6302014x10qxex312.htm |
| EX-99.2 - EXHIBIT 99.2 - NII HOLDINGS INC | nihd-6302014x10qxex992.htm |
| EX-32.1 - EXHIBIT 32.1 - NII HOLDINGS INC | nihd-6302014x10qxex321.htm |
| EX-32.2 - EXHIBIT 32.2 - NII HOLDINGS INC | nihd-6302014x10qxex322.htm |
Exhibit 12.1
NII HOLDINGS, INC. | ||||||||
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES | ||||||||
(dollars in thousands) | ||||||||
Three Months Ended June 30, | ||||||||
2014 | 2013 | |||||||
Loss from continuing operations before income tax provision | $ | (600,571 | ) | $ | (336,086 | ) | ||
Add: | ||||||||
Fixed charges | 162,345 | 200,086 | ||||||
Amortization of capitalized interest | 13,127 | 10,232 | ||||||
Less: | ||||||||
Interest capitalized | 13,281 | 21,721 | ||||||
Equity in losses of unconsolidated affiliates | — | — | ||||||
Losses attributable to minority interests | — | — | ||||||
Losses as adjusted | $ | (438,380 | ) | $ | (147,489 | ) | ||
Fixed charges: | ||||||||
Interest expense on indebtedness (including amortization of debt expense and discount) | $ | 120,394 | $ | 150,242 | ||||
Interest capitalized | 13,281 | 21,721 | ||||||
Portion of rent expense representative of interest (30%) | 28,670 | 28,123 | ||||||
Fixed charges | $ | 162,345 | $ | 200,086 | ||||
Ratio of losses to fixed charges | — | (1) | — | (1) | ||||
(1) For the three months ended June 30, 2014 and 2013, earnings were inadequate to cover fixed charges by $600.7 million and $347.6 million, respectively.