Exhibit 12.1
RATIO OF EARNINGS TO FIXED CHARGES OF WINDSTREAM CORPORATION
The table below sets forth our ratio of earnings to fixed charges on a consolidated basis for each of the time periods indicated.
Years Ended December 31, | ||||||||||||||||||||
(In millions, except ratios) | 2006 | 2007 | 2008 | 2009 | 2010 | |||||||||||||||
Interest Expense: | ||||||||||||||||||||
Interest expense | $ | 209.6 | $ | 444.4 | $ | 416.4 | $ | 410.2 | $ | 521.7 | ||||||||||
Interest capitalized | 2.7 | 3.7 | 1.9 | 1.7 | 2.1 | |||||||||||||||
Total interest costs | 212.3 | 448.1 | 418.3 | 411.9 | 523.8 | |||||||||||||||
Appropriate portion (1/3) of rentals | 6.2 | 6.3 | 8.4 | 9.9 | 20.5 | |||||||||||||||
Total fixed charges | $ | 218.5 | $ | 454.4 | $ | 426.7 | $ | 421.8 | $ | 544.3 | ||||||||||
Total earnings and fixed charges: | ||||||||||||||||||||
Pretax income | $ | 721.9 | $ | 1,167.9 | $ | 718.1 | $ | 545.6 | $ | 505.1 | ||||||||||
Less interest capitalized | (2.7 | ) | (3.7 | ) | (1.9 | ) | (1.7 | ) | (2.1 | ) | ||||||||||
Add estimated amortization of capitalized interest | 1.6 | 1.8 | 1.9 | 2.0 | 2.1 | |||||||||||||||
Fixed charges | 218.5 | 454.4 | 426.7 | 421.8 | 544.3 | |||||||||||||||
Total earnings and fixed charges | $ | 939.3 | $ | 1,620.4 | $ | 1,144.8 | $ | 967.7 | $ | 1,049.4 | ||||||||||
Ratio of earnings to fixed charges: | 4.3 | 3.6 | 2.7 | 2.3 | 1.9 |