<PAGE> 1
EXHIBIT 12.1
NTL (DELAWARE), INC.
<TABLE>
<CAPTION>
THREE MONTHS YEAR ENDED DECEMBER 31
ENDED MARCH 31, ---------------------------------------------
2000 1999 1998 1997
--------------- ------------- ------------- -------------
<S> <C> <C> <C> <C>
Fixed charges:
Interest.................. $ 219,579,000 $ 722,538,000 $ 356,575,000 $ 209,340,000
Amortization of debt
expense................. 5,405,000 17,120,000 10,227,000 7,831,000
Interest portion of rental
expense................. 5,303,000 12,226,000 9,785,000 6,016,000
------------------------ ------------- ------------- -------------
Fixed charges............. 230,287,000 751,884,000 376,587,000 223,187,000
Preferred stock dividend
requirement............. 18,868,000 73,709,000 18,761,000 11,978,000
------------------------ ------------- ------------- -------------
Combined fixed charges and
preferred stock
dividend.................. $ 249,155,000 $ 825,593,000 $ 395,348,000 $ 235,165,000
======================== ============= ============= =============
Earnings:
(Loss) from operations.... $ (402,966,000) $(768,030,000) $(507,254,000) $(344,148,000)
Fixed charges............. 230,287,000 751,884,000 376,587,000 223,187,000
Less: Capitalized
interest................ (13,582,000) (41,810,000) (27,760,000) (6,770,000)
------------------------ ------------- ------------- -------------
$ (186,261,000) $ (57,956,000) $(158,427,000) $(127,731,000)
======================== ============= ============= =============
Ratio of Earnings to Fixed
Charges(1)................ -- -- -- --
<CAPTION>
YEAR ENDED DECEMBER 31
-----------------------------
1996 1995
------------- -------------
<S> <C> <C>
Fixed charges:
Interest.................. $ 147,326,000 $ 40,562,000
Amortization of debt
expense................. 8,873,000 1,424,000
Interest portion of rental
expense................. 4,957,000 647,000
------------- -------------
Fixed charges............. 161,156,000 42,633,000
Preferred stock dividend
requirement............. -- --
------------- -------------
Combined fixed charges and
preferred stock
dividend.................. $ 161,156,000 $ 42,633,000
============= =============
Earnings:
(Loss) from operations.... $(258,623,000) $(100,236,000)
Fixed charges............. 161,156,000 42,633,000
Less: Capitalized
interest................ (10,294,000) (12,183,000)
------------- -------------
$(107,761,000) $ (69,786,000)
============= =============
Ratio of Earnings to Fixed
Charges(1)................ -- --
</TABLE>
---------------
The ratio of earnings to fixed charges and combined fixed charges and preferred
stock dividends is not meaningful for the periods that result in a deficit.
(1) For the three months ended March 31, 2000 and for the years ended December
31, 1999, 1998, 1997, 1996 and 1995, the deficit of earnings to fixed
charges was $416,548,000, $809,840,000, $535,014,000, $350,918,000,
$268,917,000 and $112,419,000, respectively. For the three months ended
March 31, 2000 and for the years ended December 31, 1999, 1998 and 1997, the
deficit of earnings to combined fixed charges and preferred stock dividends
was $435,416,000, $883,549,000, $553,775,000 and $362,896,000, respectively.
