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STATEMENTS RE COMPUTATION OF RATIOS
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
LEVEL 3 COMMUNICATIONS, INC.
| Fiscal Year Ended | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2009 | As Adjusted 2008 | As Adjusted 2007 | As Adjusted 2006 | As Adjusted 2005 | |||||||||||
| (dollars in millions) | |||||||||||||||
Loss from Continuing Operations Before Taxes | $ | (617 | ) | $ | (312 | ) | $ | (1,168 | ) | $ | (810 | ) | $ | (715 | ) | |
Interest on Debt, Net of Capitalized Interest | 595 | 570 | 609 | 670 | 543 | |||||||||||
Amortization of Capitalized Interest | — | 48 | 68 | 68 | 68 | |||||||||||
Interest Expense Portion of Rental Expense | 68 | 68 | 63 | 44 | 25 | |||||||||||
Earnings (Losses) Available for Fixed Charges | $ | 46 | $ | 374 | $ | (428 | ) | $ | (28 | ) | $ | (79 | ) | |||
Interest on Debt | $ | 595 | $ | 570 | $ | 609 | $ | 670 | $ | 543 | ||||||
Preferred Dividends | — | — | — | — | — | |||||||||||
Interest Expense Portion of Rental Expense | 68 | 68 | 63 | 44 | 25 | |||||||||||
Total Fixed Charges | $ | 663 | $ | 638 | $ | 672 | $ | 714 | $ | 568 | ||||||
Ratio of Earnings to Fixed Charges | — | — | — | — | — | |||||||||||
Deficiency | $ | (617 | ) | $ | (264 | ) | $ | (1,100 | ) | $ | (742 | ) | $ | (647 | ) | |
Financial information for periods prior to January 1, 2009 have been adjusted for the retrospective application of Accounting for Convertible Debt Instruments That May Be Settled in Cash upon Conversion (Including Partial Cash Settlement) which has been codified into the guidance relating to Debt with Conversion and other Options.
STATEMENTS RE COMPUTATION OF RATIOS
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES