EX-12 4 a2151069zex-12.htm EXHIBIT 12
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Exhibit 12

QCII Consolidated
Ratio of Earnings to Fixed Charges
2004-2000

		2004		2003		2002		2001		2000
	Estimate of interest within rental expense	135		160		168		232		176
	Interest expensed*	1,531		1,757		1,789		1,437		1,043
	Interest capitalized	12		19		41		187		105

Total fixed charges		1,678		1,936		1,998		1,856		1,324
(Loss) income before income taxes, discontinued operations and cumulative effect of change in accounting principle		(1,706	)	(1,832	)	(20,115	)	(7,362	)	(2,034	)
Add: Total fixed charges		1,678		1,936		1,998		1,856		1,324
Estimated amortization of capitalized interest		18		24		25		19		12
Less: Interest capitalized		(12	)	(19	)	(41	)	(187	)	(105	)

Total earnings available for fixed charges		(22	)	109		(18,133	)	(5,674	)	(803	)
Ratio of earnings to fixed charges		(0.0	)	0.1		(9.1	)	(3.1	)	(0.6	)
Additional pre-tax income needed for earnings to cover total fixed charges		1,700		1,827		20,131		7,530		2,127

*: Includes amortization of premiums, discounts and capitalized expenses related to indebtedness