Exhibit 12
STATEMENTS RE COMPUTATION OF RATIOS
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
LEVEL 3 COMMUNICATIONS, INC. AND SUBSIDIARIES
(unaudited)
| Nine Months Ended September 30, | Fiscal Year Ended | ||||||||||||||||||||||||||
| (In millions) | 2012 | 2011 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||||
| Loss from Continuing Operations Before Taxes | $ | (331 | ) | $ | (556 | ) | $ | (786 | ) | $ | (712 | ) | $ | (623 | ) | $ | (312 | ) | $ | (1,167 | ) | ||||||
| Interest on Debt, Net of Capitalized Interest | 558 | 495 | 716 | 586 | 595 | 570 | 609 | ||||||||||||||||||||
| Amortization of Capitalized Interest | — | — | — | — | — | 48 | 68 | ||||||||||||||||||||
| Portion of rents deemed representative of the interest factor (1/3) | 76 | 52 | 77 | 69 | 68 | 68 | 63 | ||||||||||||||||||||
| (Losses) Earnings Available for Fixed Charges | $ | 303 | $ | (9 | ) | $ | 7 | $ | (57 | ) | $ | 40 | $ | 374 | $ | (427 | ) | ||||||||||
| Interest on Debt | 558 | 495 | 716 | 586 | 595 | 570 | 609 | ||||||||||||||||||||
| Preferred Dividends | — | — | — | — | — | — | — | ||||||||||||||||||||
| Interest Expense Portion of Rental Expense | 76 | 52 | 77 | 69 | 68 | 68 | 63 | ||||||||||||||||||||
| Total Fixed Charges | $ | 634 | $ | 547 | $ | 793 | $ | 655 | $ | 663 | $ | 638 | $ | 672 | |||||||||||||
| Ratio of Earnings to Fixed Charges | — | — | — | — | — | — | — | ||||||||||||||||||||
| Deficiency | $ | (331 | ) | $ | (556 | ) | $ | (786 | ) | $ | (712 | ) | $ | (623 | ) | $ | (264 | ) | $ | (1,099 | ) | ||||||