Exhibit 12
QWEST COMMUNICATIONS INTERNATIONAL INC.
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
(UNAUDITED)
Nine Months Ended September 30, 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 | $ | 796 | $ | 664 | $ | 557 | $ | (760 | ) | $ | (1,706 | ) | $ | (1,832 | ) | |||||||||
Add: estimated fixed charges | 848 | 1,209 | 1,287 | 1,648 | 1,678 | 1,936 | ||||||||||||||||||
Add: estimated amortization of capitalized interest | 10 | 12 | 12 | 14 | 13 | 14 | ||||||||||||||||||
Less: interest capitalized | (16 | ) | (16 | ) | (14 | ) | (13 | ) | (12 | ) | (19 | ) | ||||||||||||
Total earnings available for fixed charges | $ | 1,638 | $ | 1,869 | $ | 1,842 | $ | 889 | $ | (27 | ) | $ | 99 | |||||||||||
Estimate of interest factor on rentals | $ | 62 | $ | 98 | $ | 104 | $ | 152 | $ | 135 | $ | 160 | ||||||||||||
Interest expense, including amortization of premiums, discounts and debt issuance costs(1) | 770 | 1,095 | 1,169 | 1,483 | 1,531 | 1,757 | ||||||||||||||||||
Interest capitalized | 16 | 16 | 14 | 13 | 12 | 19 | ||||||||||||||||||
Total fixed charges | $ | 848 | $ | 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. |