EX-12 2 dex12.htm CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES Calculation of Ratio of Earnings to Fixed Charges

Exhibit 12

QWEST COMMUNICATIONS INTERNATIONAL INC.

CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES

(UNAUDITED)

 

    

Nine Months
Ended

September 30,
2006

    Years Ended December 31,  
       2005     2004     2003     2002     2001  
     (Dollars in millions)  

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

   $ 372     $ (760 )   $ (1,706 )   $ (1,832 )   $ (20,115 )   $ (7,362 )

Add: estimated fixed charges

     974       1,648       1,678       1,936       1,998       1,856  

Add: estimated amortization of capitalized interest

     10       14       13       14       15       15  

Less: interest capitalized

     (10 )     (13 )     (12 )     (19 )     (41 )     (187 )
                                                

Total earnings available for fixed charges

   $ 1,346     $ 889     $ (27 )   $ 99     $ (18,143 )   $ (5,678 )
                                                

Estimate of interest factor on rentals

   $ 79     $ 152     $ 135     $ 160     $ 168     $ 232  

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

     885       1,483       1,531       1,757       1,789       1,437  

Interest capitalized

     10       13       12       19       41       187  
                                                

Total fixed charges

   $ 974     $ 1,648     $ 1,678     $ 1,936     $ 1,998     $ 1,856  
                                                

Ratio of earnings to fixed charges

     1.4       nm       nm       nm       nm       nm  

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

   $ —       $ 759     $ 1,705     $ 1,837     $ 20,141     $ 7,534  
                                                

nm—negative ratios or ratios less than 1.0 are considered not meaningful