- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
Exhibit 12.1 to
Form 10-K for 2002
Broadwing Communications Inc.
Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Dividends
($ in millions)
|
| Company |
| Predecessor |
| |||||||||||||||
|
| 2002 |
| 2001 |
| 2000 |
| Period from |
| Period from |
| 1998 |
| |||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||
Pre-tax loss from continuing operations before adjustment for minority interests in consolidated subsidiaries or income or loss from equity investees plus fixed charges |
| $ | (2,430.7 | ) | $ | (486.2 | ) | $ | (616.6 | ) | $ | (45.5 | ) | $ | (230.5 | ) | $ | (43.1 | ) | |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||
Fixed Charges: |
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||
Interest expense, etc. |
| 81.7 |
| 91.1 |
| 92.3 |
| 9.0 |
| 51.0 |
| 47.9 |
| |||||||
Appropriate portion of rentals |
| 2.6 |
| 2.5 |
| 2.1 |
| 0.2 |
| 1.5 |
| 0.9 |
| |||||||
Preferred stock dividends of majority subsidiaries |
| — |
| — |
| — |
| — |
| — |
| — |
| |||||||
Total Fixed Charges |
| 84.3 |
| 93.6 |
| 94.4 |
| 9.2 |
| 52.5 |
| 48.8 |
| |||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||
Preferred dividend requirements |
| 45.9 |
| 46.2 |
| 47.1 |
| 6.6 |
| 56.5 |
| 58.2 |
| |||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||
Total Fixed Charges and preferred dividends |
| $ | 130.2 |
| $ | 139.8 |
| $ | 141.5 |
| $ | 15.8 |
| $ | 109.0 |
| $ | 107.0 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||
Ratio of earnings to combined fixed charges and preferred dividends |
| (18.7 | ) | (3.5 | ) | (4.4 | ) | (2.9 | ) | (2.1 | ) | (0.4 | ) | |||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||
Coverage Deficiency |
| $ | 2,560.9 |
| $ | 626.0 |
| $ | 758.1 |
| $ | 61.4 |
| $ | 339.5 |
| $ | 150.2 |
| |