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?Positive | ||
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Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
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New words:
clearing, confidence, conserve, counterparty, delegate, Dramatic, falling, instability, interrelated, interruption, lead, led, light, monitoring, move, output, routine, successfully, susceptible, unemployment, volatility
Removed:
formula, redeem, slowdown, twelve
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Exhibit 12.3
CCO HOLDINGS, LLC AND SUBSIDIARIES | ||||||||
RATIO OF EARNINGS TO FIXED CHARGES CALCULATION | ||||||||
(In millions) | ||||||||
Nine Months Ended September 30, | ||||||||
2008 | 2007 | |||||||
Earnings | ||||||||
Income (loss) from Operations before Minority Interest and Income Taxes | $ | 41 | $ | (164 | ) | |||
Fixed Charges | 604 | 584 | ||||||
Total Earnings | $ | 645 | $ | 420 | ||||
Fixed Charges | ||||||||
Interest Expense | $ | 586 | $ | 568 | ||||
Amortization of Debt Costs | 13 | 11 | ||||||
Interest Element of Rentals | 5 | 5 | ||||||
Total Fixed Charges | $ | 604 | $ | 584 | ||||
Ratio of Earnings to Fixed Charges (1) | 1.1 | - | ||||||
(1) Earnings for the nine months ended September 30, 2007 were insufficient to cover fixed charges by $164 million. |
As a result of such deficiency, the ratio is not presented above. |