EX-12 4 a2190288zex-12.htm EX 12
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Exhibit 12


QWEST COMMUNICATIONS INTERNATIONAL INC.

CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
(UNAUDITED)

 
  Years Ended December 31,  
 
  2008   2007   2006   2005   2004  
 
  (Dollars in millions)
 

Income (loss) from continuing operations before income taxes, discontinued operations and cumulative effect of changes in accounting principles

  $ 1,099   $ 664   $ 557   $ (760 ) $ (1,706 )

Add: estimated fixed charges

    1,132     1,209     1,287     1,648     1,678  

Add: estimated amortization of capitalized interest

    15     12     12     14     13  

Less: interest capitalized

    (21 )   (16 )   (14 )   (13 )   (12 )
                       

Total earnings available for fixed charges

  $ 2,225   $ 1,869   $ 1,842   $ 889   $ (27 )
                       

Estimate of interest factor on rentals

 
$

90
 
$

98
 
$

104
 
$

152
 
$

135
 

Interest expense, including amortization of premiums, discounts and debt issuance costs(1)

    1,021     1,095     1,169     1,483     1,531  

Interest capitalized

    21     16     14     13     12  
                       

Total fixed charges

  $ 1,132   $ 1,209   $ 1,287   $ 1,648   $ 1,678  
                       

Ratio of earnings to fixed charges

   
2.0
   
1.5
   
1.4
   
nm
   
nm
 

Additional pre-tax income needed for earnings to cover total fixed charges

 
$

 
$

 
$

 
$

759
 
$

1,705
 
                       

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.



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QWEST COMMUNICATIONS INTERNATIONAL INC. CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES (UNAUDITED)