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Exhibit 12.2
UNITED STATES CELLULAR CORPORATION
RATIO OF EARNINGS TO FIXED CHARGES
For the Nine Months ended September 30, 2003
(Dollars In Thousands)
As Restated
EARNINGS: | |||||||
Income before income taxes and minority interest | $ | 83,629 | |||||
Add (Deduct): | |||||||
Earnings on Equity Method Investments | (37,163 | ) | |||||
Distributions from Minority Subsidiaries | 21,228 | ||||||
Minority interest in income of majority-owned subsidiaries that do not have fixed charges | (10,714 | ) | |||||
56,980 | |||||||
Add fixed charges: | |||||||
Consolidated interest expense | 46,496 | ||||||
Deferred Debt Amortization Expense | 1,017 | ||||||
Interest Portion (1/3) of Consolidated Rent Expense | 17,795 | ||||||
$ | 122,288 | ||||||
FIXED CHARGES: | |||||||
Consolidated interest expense | $ | 46,496 | |||||
Deferred Debt Amortization Expense | 1,017 | ||||||
Interest Portion (1/3) of Consolidated Rent Expense | 17,795 | ||||||
$ | 65,308 | ||||||
RATIO OF EARNINGS TO FIXED CHARGES | 1.87 | ||||||
UNITED STATES CELLULAR CORPORATION RATIO OF EARNINGS TO FIXED CHARGES For the Nine Months ended September 30, 2003 (Dollars In Thousands) As Restated