Level 3 Parent (LVLT) 10-Q 2013 Q2 Quarterly report

Exhibit 12

LEVEL 3 COMMUNICATIONS, INC. AND SUBSIDIARIES

Statement Regarding Computation of Ratio of Earnings to Fixed Charges

(unaudited)

	Six Months Ended June 30,						Year Ended December 31,
(dollars in millions)	2013			2012			2012			2011			2010			2009			2008
Loss from Continuing Operations Before Taxes	$	(77	)	$	(178	)	$	(374	)	$	(786	)	$	(712	)	$	(623	)	$	(312	)
Interest on Debt, Net of Capitalized Interest	336			370			733			716			586			595			570
Amortization of Capitalized Interest	—			—			—			—			—			—			48
Portion of rents deemed representative of the interest factor (1/3)	51			51			101			77			69			68			68
(Losses) Earnings Available for Fixed Charges	$	310		$	243		$	460		$	7		$	(57	)	$	40		$	374
Interest on Debt	336			370			733			716			586			595			570
Preferred Dividends	—			—			—			—			—			—			—
Interest Expense Portion of Rental Expense	51			51			101			77			69			68			68
Total Fixed Charges	$	387		$	421		$	834		$	793		$	655		$	663		$	638
Ratio of Earnings to Fixed Charges	—			—			—			—			—			—			—
Deficiency	$	(77	)	$	(178	)	$	(374	)	$	(786	)	$	(712	)	$	(623	)	$	(264	)