EX-12 2 a06-25501_1ex12.htm EX-12

Exhibit 12

UNITED STATES CELLULAR CORPORATION

RATIOS OF EARNINGS TO FIXED CHARGES

 

 

Three Months Ended
March 31,

 

 

 

2006

 

2005

 

 

 

(As Restated)

 

(As Restated)

 

 

 

(Dollars in Thousands)

 

EARNINGS:

 

 

 

 

 

Income before income taxes and minority interest

 

$

71,893

 

$

36,749

 

Add (deduct):

 

 

 

 

 

Equity in earnings of unconsolidated entities

 

(19,483

)

(14,437

)

Distributions from unconsolidated entities

 

5,547

 

1,394

 

Minority interests in pre-tax income of subsidiaries that do not have fixed charges

 

(3,770

)

(2,932

)

 

 

54,187

 

20,774

 

Add fixed charges:

 

 

 

 

 

Consolidated interest expense

 

23,208

 

20,738

 

Interest portion (1/3) of consolidated rent expense

 

7,456

 

7,393

 

 

 

$

84,851

 

$

48,905

 

 

 

 

 

 

 

FIXED CHARGES:

 

 

 

 

 

Consolidated interest expense

 

$

23,208

 

$

20,738

 

Interest portion (1/3) of consolidated rent expense

 

7,456

 

7,393

 

 

 

$

30,664

 

$

28,131

 

 

 

 

 

 

 

RATIO OF EARNINGS TO FIXED CHARGES

 

2.77

 

1.74