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,  
     2009     2008     2007     2006     2005  

Income (loss) before income taxes and cumulative effect of changes in accounting principles

    $ 903      $ 1,051      $ 620      $ 517      $ (765 ) 

Add: estimated fixed charges

      1,204        1,180        1,253        1,327        1,653   

Add: estimated amortization of capitalized interest

      14        15        12        12        14   

Less: interest capitalized

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

Total earnings available for fixed charges

    $ 2,107      $ 2,225      $ 1,869      $ 1,842      $ 889   
                                        

Estimate of interest factor on rentals

    $ 101      $ 90      $ 98      $ 104      $ 152   

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

      1,089        1,069        1,139        1,209        1,488   

Interest capitalized

      14        21        16        14        13   
                                        

Total fixed charges

    $ 1,204      $ 1,180      $ 1,253      $ 1,327      $ 1,653   
                                        

Ratio of earnings to fixed charges

      1.8        1.9        1.5        1.4        nm   

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

    $ —        $ —        $ —        $ —        $ 764   
                                        

 

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.
     We have reclassified certain prior year amounts to conform to the current quarter presentation.