Exhibit 12
UNITED STATES CELLULAR CORPORATION
RATIO OF EARNINGS TO FIXED CHARGES
RESTATED
|
| Three Months Ended |
| |
|
| (Dollars in thousands) |
| |
|
|
|
| |
EARNINGS |
|
|
| |
Income (Loss) before income taxes and minority interest |
| $ | (12,578 | ) |
Add (Deduct): |
|
|
| |
Earnings on Equity Method |
| (12,378 | ) | |
Distributions from Minority Subsidiaries |
| 13,615 |
| |
Minority interest in income of majority-owned subsidiaries that do not have fixed charges |
| (3,465 | ) | |
|
| $ | (14,806 | ) |
|
|
|
| |
Add fixed charges: |
|
|
| |
Consolidated interest expense |
| $ | 15,018 |
|
Deferred debt expense |
| 436 |
| |
Interest Portion (1/3) of Consolidated Rent Expense |
| 5,847 |
| |
|
| $ | 6,495 |
|
|
|
|
| |
FIXED CHARGES |
|
|
| |
Consolidated interest expense |
| $ | 15,018 |
|
Deferred debt expense |
| 436 |
| |
Interest Portion (1/3) of Consolidated Rent Expense |
| 5,847 |
| |
|
| $ | 21,301 |
|
|
|
|
| |
RATIO OF EARNINGS TO FIXED CHARGES |
| N/A |
| |
The dollar deficiency resulting in less than one-to-one coverage is $14,806.
