Exhibit 12
QWEST COMMUNICATIONS INTERNATIONAL INC.
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
(UNAUDITED)
Nine Months September 30, | Years Ended December 31, | |||||||||||||||||||||||
2005 | 2004 | 2003 | 2002 | 2001 | ||||||||||||||||||||
(Dollars in millions) | ||||||||||||||||||||||||
Income (loss) from continuing operations before income taxes, discontinued operations and cumulative effect of change in accounting principle | $ | 372 | $ | (760 | ) | $ | (1,706 | ) | $ | (1,832 | ) | $ | (20,115 | ) | $ | (7,362 | ) | |||||||
Add: estimated fixed charges | 974 | 1,648 | 1,678 | 1,936 | 1,998 | 1,856 | ||||||||||||||||||
Add: estimated amortization of capitalized interest | 10 | 14 | 13 | 14 | 15 | 15 | ||||||||||||||||||
Less: interest capitalized | (10 | ) | (13 | ) | (12 | ) | (19 | ) | (41 | ) | (187 | ) | ||||||||||||
Total earnings available for fixed charges | $ | 1,346 | $ | 889 | $ | (27 | ) | $ | 99 | $ | (18,143 | ) | $ | (5,678 | ) | |||||||||
Estimate of interest factor on rentals | $ | 79 | $ | 152 | $ | 135 | $ | 160 | $ | 168 | $ | 232 | ||||||||||||
Interest expense, including amortization of premiums, discounts and debt issuance costs | 885 | 1,483 | 1,531 | 1,757 | 1,789 | 1,437 | ||||||||||||||||||
Interest capitalized | 10 | 13 | 12 | 19 | 41 | 187 | ||||||||||||||||||
Total fixed charges | $ | 974 | $ | 1,648 | $ | 1,678 | $ | 1,936 | $ | 1,998 | $ | 1,856 | ||||||||||||
Ratio of earnings to fixed charges | 1.4 | nm | nm | nm | nm | nm | ||||||||||||||||||
Additional pre-tax income needed for earnings to cover total fixed charges | $ | — | $ | 759 | $ | 1,705 | $ | 1,837 | $ | 20,141 | $ | 7,534 | ||||||||||||
nm—negative ratios or ratios less than 1.0 are considered not meaningful