EX-12.1 4 ftr-20131231ex121c30afc.htm EX-12.1 Exhibit 12 Ratio of Earnings

Exhibit 12.1

 

 

Frontier Communications Corporation

Statements of the Ratio of Earnings to Fixed Charges

(Dollars in Thousands)

(Unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years Ended December 31,

 

 

2013

 

 

2012

 

 

2011

 

 

2010

 

 

2009

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-tax income from continuing operations

$
162,720 

 

$
228,952 

 

$
245,951 

 

$
270,716 

 

$
193,109 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Income) or loss from equity investees

 

 -

 

 
522 

 

 
864 

 

 
(367)

 

 
(994)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-tax income from continuing operations before

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(income) or loss from equity investees

 
162,720 

 

 
229,474 

 

 
246,815 

 

 
270,349 

 

 
192,115 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges

 
698,251 

 

 
716,619 

 

 
697,006 

 

 
541,750 

 

 
388,554 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributed income of equity investees

 

 -

 

 

 -

 

 

 -

 

 
780 

 

 
1,532 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest capitalized

 
(2,723)

 

 
(2,203)

 

 
(8,414)

 

 
(3,749)

 

 
(1,714)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income attributable to the noncontrolling interest

 

 

 

 

 

 

 

 

 

 

 

 

 

 

in a partnership

 
(2,643)

 

 
(16,678)

 

 
(7,994)

 

 
(3,044)

 

 
(2,398)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total earnings

$
855,605 

 

$
927,212 

 

$
927,413 

 

$
806,086 

 

$
578,089 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 
1.23 

 

 
1.29 

 

 
1.33 

 

 
1.49 

 

 
1.49 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NOTE:  The above calculation was performed in accordance with Regulation S-K 229.503(d) Ratio of earnings to fixed charges.