SEC Info - Centillium Communications Inc - ‘S-3’ on 7/29/03

SEC Info℠

Home

Help

Please Sign In

Centillium Communications Inc – ‘S-3’ on 7/29/03 – EX-12.1

On: Tuesday, 7/29/03, at 5:08pm ET · Accession #: 1193125-3-25724 · File #: 333-107445

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 7/29/03  Centillium Communications Inc     S-3                    6:1.3M                                   RR Donnelley/FA

Registration Statement for Securities Offered Pursuant to a Transaction — Form S-3
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-3         Registration Statement for Securities Offered       HTML    325K 
                          Pursuant to a Transaction                              
 2: EX-4.2      Form of Senior Indenture                            HTML    434K 
 3: EX-4.3      Form of Subordinated Indenture                      HTML    497K 
 4: EX-5.1      Opinion of Wilson Sonsini Goodrich & Rosati,        HTML     26K 
                          Professional Corporation                               
 5: EX-12.1     Computation of Ratio of Earnings to Fixed Charges   HTML     33K 
 6: EX-23.1     Consent of Ernst & Young LLP, Independent Auditors  HTML      7K

EX-12.1 — Computation of Ratio of Earnings to Fixed Charges

This exhibit is an HTML Document rendered as filed. [ Alternative Formats ]

Computation of Ratio of Earnings to Fixed Charges

Exhibit 12.1

Centillium Communications, Inc.

Computation of Ratio of Earnings to Fixed Charges

(in thousands)

	Three Months Ended March 31, 2003			Year Ended December 31,
	Three Months Ended March 31, 2003			2002			2001			2000			1999			1998
Income (loss) before income taxes	$	(2,919	)	$	(33,396	)	$	(19,293	)	$	(45,990	)	$	(19,749	)	$	(9,256	)


Fixed charges:
Interest expense on long-term indebtedness	$	21		$	31		$	76		$	334		$	242		$	116
Interest portion of rental expense (1)		526			2,928			2,410			907			391			215

Total fixed charges	$	547		$	2,959		$	2,486		$	1,241		$	633		$	331


Earnings (loss) as defined	$	(2,372	)	$	(30,437	)	$	(16,807	)	$	(44,749	)	$	(19,116	)	$	(8,925	)


Deficiency of earnings available to cover fixed charges (2)	$	(2,919	)	$	(33,396	)	$	(19,293	)	$	(45,990	)	$	(19,749	)	$	(9,256	)


Ratio of earnings to fixed charges		—			—			—			—			—			—

(1)

One-third of rental expense is deemed to be interest.

(2)

Due to the losses incurred for all periods presented, the ratio coverage is less than 1:1 for all periods presented. We would have to have generated additional earnings of $2,919,000 in the three months ended March 31, 2003, and $33,396,000, $19,293,000, $45,990,000, $19,749,000 and $9,256,000 in 2002, 2001, 2000, 1999 and 1998, respectively, to achieve a ratio of 1:1.

Dates Referenced Herein and Documents Incorporated by Reference

This ‘S-3’ Filing	Date	Other Filings

Filed on:	7/29/03	8-K
	3/31/03	10-Q
	12/31/02	10-K, 10-K/A, 4, 5, 8-A12G, 8-K
		List all Filings

↑Top