Attached files
| file | filename |
|---|---|
| EX-32 - EX-32 - Frontier Communications Parent, Inc. | ftr-20161231xex32.htm |
| EX-31.2 - EX-31.2 - Frontier Communications Parent, Inc. | ftr-20161231xex31_2.htm |
| EX-31.1 - EX-31.1 - Frontier Communications Parent, Inc. | ftr-20161231xex31_1.htm |
| EX-23 - EX-23 - Frontier Communications Parent, Inc. | ftr-20161231xex23.htm |
| EX-21 - EX-21 - Frontier Communications Parent, Inc. | ftr-20161231xex21.htm |
| EX-10.29 - EX-10.29 - Frontier Communications Parent, Inc. | ftr-20161231xex10_29.htm |
| 10-K - 10-K - Frontier Communications Parent, Inc. | ftr-20161231x10k.htm |
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Exhibit 12 |
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Frontier Communications Corporation |
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Statements of the Ratio of Earnings to Fixed Charges |
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and Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends |
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($ in Millions) |
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Years Ended December 31, |
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2016 |
2015 |
2014 |
2013 |
2012 |
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Pre-tax income(loss) from continuing operations |
$ |
(623) |
$ |
(361) |
$ |
163 |
$ |
163 |
$ |
229 |
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Fixed charges |
1,588 |
1,156 |
732 |
698 |
717 |
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Interest capitalized |
(11) |
(4) |
(3) |
(3) |
(2) |
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Income attributable to the noncontrolling interest |
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in a partnership |
- |
- |
- |
(2) |
(17) |
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Total earnings |
$ |
954 |
$ |
791 |
$ |
892 |
$ |
856 |
$ |
927 |
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Fixed charges |
1,588 |
1,156 |
732 |
698 |
717 |
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Dividends declared on preferred stock |
214 |
120 |
- |
- |
- |
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Combined fixed charges and preferred stock dividends |
1,802 |
1,276 |
732 |
698 |
717 |
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Excess (deficiency) in earnings required to cover fixed charges |
$ |
(634) |
$ |
(365) |
$ |
160 |
$ |
158 |
$ |
210 |
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Ratio of earnings to fixed charges |
0.60 | 0.68 | 1.22 | 1.23 | 1.29 | ||||||||||
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Excess (deficiency) in earnings required to cover combined |
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fixed charges and preferred stock dividends |
$ |
(848) |
$ |
(485) |
$ |
160 |
$ |
158 |
$ |
210 |
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Ratio of earnings to combined fixed charges |
0.53 |
0.62 |
1.22 |
1.23 |
1.29 |
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and preferred stock dividends |
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NOTE: The above calculation was performed in accordance with Regulation S-K 229.503(d) Ratio of earnings to fixed charges. |
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