EX-12 2 a2156449zex-12.htm EX-12
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Exhibit 12


QWEST COMMUNICATIONS INTERNATIONAL INC.
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
(DOLLARS IN MILLIONS)

 
   
  Years Ended December 31,
 
 
  Quarter Ending March 31,
2005

 
 
  2004
  2003
  2002
  2001
  2000
 
Income (loss) from continuing operations before income taxes, discontinued operations and cumulative effect of change in accounting principle   $ 61   $ (1,706 ) $ (1,832 ) $ (20,115 ) $ (7,362 ) $ (2,034 )
    Add: estimated fixed charges     418     1,678     1,936     1,998     1,856     1,324  
    Add: estimated amortization of capitalized interest     4     18     24     25     19     12  
    Less: interest capitalized     (3 )   (12 )   (19 )   (41 )   (187 )   (105 )
   
 
 
 
 
 
 
  Total earnings available for fixed charges     480     (22 )   109     (18,133 )   (5,674 )   (803 )
 
Estimate of interest factor on rentals

 

 

34

 

 

135

 

 

160

 

 

168

 

 

232

 

 

176

 
  Interest expense, including amortization of premiums, discounts and debt issuance costs     381     1,531     1,757     1,789     1,437     1,043  
  Interest capitalized     3     12     19     41     187     105  
   
 
 
 
 
 
 
Total fixed charges   $ 418   $ 1,678   $ 1,936   $ 1,998   $ 1,856   $ 1,324  
   
 
 
 
 
 
 

Ratio of earnings to fixed charges

 

 

1.1

 

 

(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

 



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QWEST COMMUNICATIONS INTERNATIONAL INC. CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES (DOLLARS IN MILLIONS)