Exhibit 12
QWEST COMMUNICATIONS INTERNATIONAL INC.
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
(UNAUDITED)
Six Months Ended June 30, |
Years Ended December 31, | |||||||||||
2008 | 2007 | 2006 | 2005 | 2004 | 2003 | |||||||
Income (loss) from continuing operations before income taxes, discontinued operations and cumulative effect of changes in accounting principles |
$567 | $664 | $557 | $(760) | $(1,706) | $(1,832) | ||||||
Add: estimated fixed charges |
577 | 1,209 | 1,287 | 1,648 | 1,678 | 1,936 | ||||||
Add: estimated amortization of capitalized interest |
5 | 12 | 12 | 14 | 13 | 14 | ||||||
Less: interest capitalized |
(10) | (16) | (14) | (13) | (12) | (19) | ||||||
Total earnings available for fixed charges |
$1,139 | $1,869 | $1,842 | $889 | $(27) | $99 | ||||||
Estimate of interest factor on rentals |
$49 | $98 | $104 | $152 | $135 | $160 | ||||||
Interest expense, including amortization of premiums, discounts and debt issuance costs(1) |
518 | 1,095 | 1,169 | 1,483 | 1,531 | 1,757 | ||||||
Interest capitalized |
10 | 16 | 14 | 13 | 12 | 19 | ||||||
Total fixed charges |
$577 | $1,209 | $1,287 | $1,648 | $1,678 | $1,936 | ||||||
Ratio of earnings to fixed charges |
2.0 | 1.5 | 1.4 | nm | nm | nm | ||||||
Additional pre-tax income needed for earnings to cover total fixed charges |
$— | $— | $— | $759 | $1,705 | $1,837 | ||||||
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. |