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QWEST COMMUNICATIONS INTERNATIONAL INC.
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)
| Six Months Ended June 30, 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Loss from continuing operations before income taxes, discontinued operations and cumulative effect of change in accounting principle | $ | (107 | ) | $ | (1,706 | ) | $ | (1,832 | ) | $ | (20,115 | ) | $ | (7,362 | ) | $ | (2,034 | ) | |||
Add: estimated fixed charges | 836 | 1,678 | 1,936 | 1,998 | 1,856 | 1,324 | |||||||||||||||
Add: estimated amortization of capitalized interest | 7 | 18 | 24 | 25 | 19 | 12 | |||||||||||||||
Less: interest capitalized | (5 | ) | (12 | ) | (19 | ) | (41 | ) | (187 | ) | (105 | ) | |||||||||
Total earnings available for fixed charges | 731 | (22 | ) | 109 | (18,133 | ) | (5,674 | ) | (803 | ) | |||||||||||
Estimate of interest factor on rentals | 70 | 135 | 160 | 168 | 232 | 176 | |||||||||||||||
Interest expense, including amortization of premiums, discounts and debt issurance costs | 761 | 1,531 | 1,757 | 1,789 | 1,437 | 1,043 | |||||||||||||||
Interest capitalized | 5 | 12 | 19 | 41 | 187 | 105 | |||||||||||||||
Total fixed charges | $ | 836 | $ | 1,678 | $ | 1,936 | $ | 1,998 | $ | 1,856 | $ | 1,324 | |||||||||
Ratio of earnings to fixed charges | 0.9 | (0.0 | ) | 0.1 | (9.1 | ) | (3.1 | ) | (0.6 | ) | |||||||||||
Additional pre-tax income needed for earnings to cover total fixed charges | $ | 105 | $ | 1,700 | $ | 1,827 | $ | 20,131 | $ | 7,530 | $ | 2,127 |
QWEST COMMUNICATIONS INTERNATIONAL INC. CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES (Dollars in Millions)