EX-12 4 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)

 

     Years Ended December 31,  
     2006     2005     2004     2003     2002  
     (Dollars in millions)  

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

   $ 557     $ (760 )   $ (1,706 )   $ (1,832 )   $ (20,115 )

Add: estimated fixed charges

     1,287       1,648       1,678       1,936       1,998  

Add: estimated amortization of capitalized interest

     12       14       13       14       15  

Less: interest capitalized

     (14 )     (13 )     (12 )     (19 )     (41 )
                                        

Total earnings available for fixed charges

   $ 1,842     $ 889     $ (27 )   $ 99     $ (18,143 )
                                        

Estimate of interest factor on rentals

   $ 104     $ 152     $ 135     $ 160     $ 168  

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

     1,169       1,483       1,531       1,757       1,789  

Interest capitalized

     14       13       12       19       41  
                                        

Total fixed charges

   $ 1,287     $ 1,648     $ 1,678     $ 1,936     $ 1,998  
                                        

Ratio of earnings to fixed charges

     1.4       nm       nm       nm       nm  

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

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

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