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EXHIBIT 12.1
METROMEDIA FIBER NETWORK, INC.
STATEMENT REGARDING COMPUTATION OF RATIOS
(000'S)
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NINE MONTHS ENDED
YEAR ENDED DECEMBER 31, SEPTEMBER 30,
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1995 1996 1997 1998 1999 1999 2000
-------- -------- -------- -------- --------- -------- ---------
<S> <C> <C> <C> <C> <C> <C> <C>
Pre-tax profit (loss)
from continuing
operations............ $(4,319) $(10,359) $(26,259) $ 4,388 $(114,938) $(44,290) $(272,487)
======= ======== ======== ======= ========= ======== =========
Fixed charges:
Interest charges........ 327 3,561 741 6,861 72,362 44,911 142,745
Capitalized interest.... -- -- -- -- 9,383 5,628 25,764
Rent expense............ 49 53 89 319 1,640 1,364 12,587
------- -------- -------- ------- --------- -------- ---------
Total fixed charges..... 376 3,614 830 7,180 83,385 51,903 181,096
======= ======== ======== ======= ========= ======== =========
Earnings (loss) before
income taxes and fixed
charges(1)............ $(3,943) $ (6,745) $(25,429) $11,568 $ (40,936) $ 13,241 $(117,155)
======= ======== ======== ======= ========= ======== =========
Ratio of earnings to
fixed charges
(n/a=negative)........ n/a n/a n/a 1.61 n/a n/a n/a
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(1) Excludes capitalized interest
