Attached files
Exhibit 12
QWEST COMMUNICATIONS INTERNATIONAL INC.
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES(2)
(UNAUDITED)
Three Months Ended March 31, |
Years Ended December 31, | |||||||||||||||||||||||
2010 | 2009 | 2008 | 2007 | 2006 | 2005 | |||||||||||||||||||
Income (loss) before income taxes and cumulative effect of changes in accounting principles |
$ | 247 | $ | 903 | $ | 1,051 | $ | 620 | $ | 517 | $ | (765 | ) | |||||||||||
Add: estimated fixed charges |
308 | 1,204 | 1,180 | 1,253 | 1,327 | 1,653 | ||||||||||||||||||
Add: estimated amortization of capitalized interest |
3 | 14 | 15 | 12 | 12 | 14 | ||||||||||||||||||
Less: interest capitalized |
(3 | ) | (14 | ) | (21 | ) | (16 | ) | (14 | ) | (13 | ) | ||||||||||||
Total earnings available for fixed charges |
$ | 555 | $ | 2,107 | $ | 2,225 | $ | 1,869 | $ | 1,842 | $ | 889 | ||||||||||||
Estimate of interest factor on rentals |
$ | 26 | $ | 101 | $ | 90 | $ | 98 | $ | 104 | $ | 152 | ||||||||||||
Interest expense, including amortization of premiums, discounts and debt issuance costs(1) |
279 | 1,089 | 1,069 | 1,139 | 1,209 | 1,488 | ||||||||||||||||||
Interest capitalized |
3 | 14 | 21 | 16 | 14 | 13 | ||||||||||||||||||
Total fixed charges |
$ | 308 | $ | 1,204 | $ | 1,180 | $ | 1,253 | $ | 1,327 | $ | 1,653 | ||||||||||||
Ratio of earnings to fixed charges |
1.8 | 1.8 | 1.9 | 1.5 | 1.4 | nm | ||||||||||||||||||
Additional pre-tax income needed for earnings to cover total fixed charges |
$ | | $ | | $ | | $ | | $ | | $ | 764 | ||||||||||||
nm |
| Negative ratios or ratios less than 1.0 are considered not meaningful. |
(1) | Interest expense includes only interest related to long-term borrowings and capital lease obligations. |
(2) | We have reclassified certain prior year amounts to conform to the current quarter presentation. |