Exhibit 12.1
Frontier Communications Corporation | ||||||||||||||||||||
Statements of the Ratio of Earnings to Fixed Charges | ||||||||||||||||||||
(Dollars in Thousands) | ||||||||||||||||||||
(Unaudited) | ||||||||||||||||||||
Years Ended December 31, | ||||||||||||||||||||
2012 | 2011 | 2010 | 2009 | 2008 | ||||||||||||||||
Pre-tax income from continuing operations | $ | 228,952 | $ | 245,951 | $ | 270,716 | $ | 193,109 | $ | 290,770 | ||||||||||
(Income) or loss from equity investees | 522 | 864 | (367 | ) | (994 | ) | (4,667 | ) | ||||||||||||
Pre-tax income from continuing operations before (income) or | ||||||||||||||||||||
loss from equity investees | 229,474 | 246,815 | 270,349 | 192,115 | 286,103 | |||||||||||||||
Fixed charges | 716,619 | 697,006 | 541,750 | 388,554 | 373,516 | |||||||||||||||
Distributed income of equity investees | - | - | 780 | 1,532 | 3,935 | |||||||||||||||
Interest capitalized | (2,203 | ) | (8,414 | ) | (3,749 | ) | (1,714 | ) | (2,796 | ) | ||||||||||
Preference security dividend requirements of consolidated subsidiaries | - | - | - | - | (214 | ) | ||||||||||||||
Income attributable to the noncontrolling interest in a partnership | (16,678 | ) | (7,994 | ) | (3,044 | ) | (2,398 | ) | (1,614 | ) | ||||||||||
Total earnings | $ | 927,212 | $ | 927,413 | $ | 806,086 | $ | 578,089 | $ | 658,930 | ||||||||||
Ratio of earnings to fixed charges | 1.29 | 1.33 | 1.49 | 1.49 | 1.76 | |||||||||||||||
NOTE: The above calculation was performed in accordance with Regulation S-K 229.503(d) Ratio of earnings to fixed charges. | ||||||||||||||||||||