Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - NII HOLDINGS INC | Financial_Report.xls |
| EX-31.1 - EXHIBIT 31.1 - NII HOLDINGS INC | nihd-9302014x10qxex311.htm |
| EX-31.2 - EXHIBIT 31.2 - NII HOLDINGS INC | nihd-9302014x10qxex312.htm |
| EX-32.1 - EXHIBIT 32.1 - NII HOLDINGS INC | nihd-9302014x10qxex321.htm |
| 10-Q - FORM 10-Q - NII HOLDINGS INC | nihd-9302014x10q.htm |
| EX-32.2 - EXHIBIT 32.2 - NII HOLDINGS INC | nihd-9302014x10qxex322.htm |
Exhibit 12.1
NII HOLDINGS, INC. | ||||||||
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES | ||||||||
(dollars in thousands) | ||||||||
Nine Months Ended September 30, | ||||||||
2014 | 2013 | |||||||
Loss from continuing operations before income tax provision | $ | (1,229,877 | ) | $ | (653,901 | ) | ||
Add: | ||||||||
Fixed charges | 495,446 | 520,655 | ||||||
Amortization of capitalized interest | 39,463 | 35,344 | ||||||
Less: | ||||||||
Interest capitalized | 30,160 | 64,433 | ||||||
Equity in losses of unconsolidated affiliates | — | — | ||||||
Losses attributable to minority interests | — | — | ||||||
Losses as adjusted | $ | (725,128 | ) | $ | (162,335 | ) | ||
Fixed charges: | ||||||||
Interest expense on indebtedness (including amortization of debt expense and discount) | $ | 390,858 | $ | 382,275 | ||||
Interest capitalized | 30,160 | 64,433 | ||||||
Portion of rent expense representative of interest (30%) | 74,428 | 73,947 | ||||||
Fixed charges | $ | 495,446 | $ | 520,655 | ||||
Ratio of losses to fixed charges | — | (1) | — | (1) | ||||
(1) For the nine months ended September 30, 2014 and 2013, earnings were inadequate to cover fixed charges by $1,220.6 million and $683.0 million, respectively.