Exhibit 12
STATEMENTS RE COMPUTATION OF RATIOS
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
LEVEL 3 COMMUNICATIONS, INC.
Fiscal Year Ended | ||||||||||||||||||||
(In millions) | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||
Loss from Continuing Operations Before Taxes | $ | (786 | ) | $ | (712 | ) | $ | (623 | ) | $ | (312 | ) | $ | (1,167 | ) | |||||
Interest on Debt, Net of Capitalized Interest | 716 | 586 | 595 | 570 | 609 | |||||||||||||||
Amortization of Capitalized Interest | — | — | — | 48 | 68 | |||||||||||||||
Portion of rents deemed representative of the interest factor (1/3) | 77 | 69 | 68 | 68 | 63 | |||||||||||||||
(Losses) Earnings Available for Fixed Charges | $ | 7 | $ | (57 | ) | $ | 40 | $ | 374 | $ | (427 | ) | ||||||||
Interest on Debt | $ | 716 | $ | 586 | $ | 595 | $ | 570 | $ | 609 | ||||||||||
Preferred Dividends | — | — | — | — | — | |||||||||||||||
Interest Expense Portion of Rental Expense | 77 | 69 | 68 | 68 | 63 | |||||||||||||||
Total Fixed Charges | $ | 793 | $ | 655 | $ | 663 | $ | 638 | $ | 672 | ||||||||||
Ratio of Earnings to Fixed Charges | — | — | — | — | — | |||||||||||||||
Deficiency | $ | (786 | ) | $ | (712 | ) | $ | (623 | ) | $ | (264 | ) | $ | (1,099 | ) |