Attached files
| file | filename |
|---|---|
| EX-32.1 - EXHIBIT 32.1 - NII HOLDINGS INC | nihd-3312015x10qxex321.htm |
| EX-31.1 - EXHIBIT 31.1 - NII HOLDINGS INC | nihd-3312015x10qxex311.htm |
| EX-32.2 - EXHIBIT 32.2 - NII HOLDINGS INC | nihd-3312015x10qxex322.htm |
| EX-31.2 - EXHIBIT 31.2 - NII HOLDINGS INC | nihd-3312015x10qxex312.htm |
| EXCEL - IDEA: XBRL DOCUMENT - NII HOLDINGS INC | Financial_Report.xls |
| 10-Q - FORM 10-Q - NII HOLDINGS INC | nihd-3312015x10q.htm |
Exhibit 12.1
NII HOLDINGS, INC. | ||||||||
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES | ||||||||
(dollars in thousands) | ||||||||
Three Months Ended March 31, | ||||||||
2015 | 2014 | |||||||
Loss from continuing operations before reorganization items and income tax provision | $ | (294,791 | ) | $ | (333,230 | ) | ||
Add: | ||||||||
Fixed charges | 78,149 | 173,743 | ||||||
Amortization of capitalized interest | 13,184 | 12,616 | ||||||
Less: | ||||||||
Interest capitalized | 1,319 | 12,722 | ||||||
Equity in losses of unconsolidated affiliates | — | — | ||||||
Losses attributable to minority interests | — | — | ||||||
Losses as adjusted | $ | (204,777 | ) | $ | (159,593 | ) | ||
Fixed charges: | ||||||||
Interest expense on indebtedness (including amortization of debt expense and discount) | $ | 56,695 | $ | 140,191 | ||||
Interest capitalized | 1,319 | 12,722 | ||||||
Portion of rent expense representative of interest (30%) | 20,135 | 20,830 | ||||||
Fixed charges | $ | 78,149 | $ | 173,743 | ||||
Ratio of earnings to fixed charges | — | (1) | — | (1) | ||||
(1) For the three months ended March 31, 2015 and 2014, earnings were inadequate to cover fixed charges by $282.9 million and $333.3 million, respectively.