Exhibit 12
QWEST COMMUNICATIONS INTERNATIONAL INC.
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
(UNAUDITED)
Three Months Ended March 31, 2008 | Years Ended December 31, | |||||||||||
2007 | 2006 | 2005 | 2004 | 2003 | ||||||||
Income (loss) from continuing operations before income taxes, discontinued operations and cumulative effect of changes in accounting principles | $256 | $664 | $557 | $(760) | $(1,706) | $(1,832) | ||||||
Add: estimated fixed charges | 292 | 1,209 | 1,287 | 1,648 | 1,678 | 1,936 | ||||||
Add: estimated amortization of capitalized interest | 3 | 12 | 12 | 14 | 13 | 14 | ||||||
Less: interest capitalized | (5) | (16) | (14) | (13) | (12) | (19) | ||||||
Total earnings available for fixed charges | $546 | $1,869 | $1,842 | $889 | $(27) | $99 | ||||||
Estimate of interest factor on rentals | $26 | $98 | $104 | $152 | $135 | $160 | ||||||
Interest expense, including amortization of premiums, discounts and debt issuance costs(1) | 261 | 1,095 | 1,169 | 1,483 | 1,531 | 1,757 | ||||||
Interest capitalized | 5 | 16 | 14 | 13 | 12 | 19 | ||||||
Total fixed charges | $292 | $1,209 | $1,287 | $1,648 | $1,678 | $1,936 | ||||||
Ratio of earnings to fixed charges | 1.9 | 1.5 | 1.4 | nm | nm | nm | ||||||
Additional pre-tax income needed for earnings to cover total fixed charges | $— | $— | $— | $759 | $1,705 | $1,837 | ||||||
nm—Negative ratios or ratios less than 1.0 are considered not meaningful.
(1) | Interest expense includes only interest related to long-term borrowings and capital lease obligations. |