EX-12.1 21 dex121.htm STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Statement Regarding Computation of Ratio of Earnings to Fixed Charges

Exhibit 12.1

RATIO OF EARNINGS TO FIXED CHARGES OF WINDSTREAM CORPORATION

The table below sets forth our ratio of earnings to fixed charges on a consolidated basis for each of the time periods indicated.

 

     Years Ended December 31,  

(In millions, except ratios)

   2006     2007     2008     2009     2010  

Interest Expense:

          

Interest expense

   $ 209.6      $ 444.4      $ 416.4      $ 410.2      $ 521.7   

Interest capitalized

     2.7        3.7        1.9        1.7        2.1   
                                        

Total interest costs

     212.3        448.1        418.3        411.9        523.8   

Appropriate portion (1/3) of rentals

     6.2        6.3        8.4        9.9        20.5   
                                        

Total fixed charges

   $ 218.5      $ 454.4      $ 426.7      $ 421.8      $ 544.3   
                                        

Total earnings and fixed charges:

          

Pretax income

   $ 721.9      $ 1,167.9      $ 718.1      $ 545.6      $ 505.1   

Less interest capitalized

     (2.7     (3.7     (1.9     (1.7     (2.1

Add estimated amortization of capitalized interest

     1.6        1.8        1.9        2.0        2.1   

Fixed charges

     218.5        454.4        426.7        421.8        544.3   
                                        

Total earnings and fixed charges

   $ 939.3      $ 1,620.4      $ 1,144.8      $ 967.7      $ 1,049.4   
                                        

Ratio of earnings to fixed charges:

     4.3        3.6        2.7        2.3        1.9