EX-12 3 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)

 

     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.