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Content analysis
?| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
6th grade Avg
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|
Exhibit 12
UNITED STATES CELLULAR CORPORATION
RATIO OF EARNINGS TO FIXED CHARGES
|
| Nine Months Ended |
| ||||
|
| 2008 |
| 2007 |
| ||
|
| (Dollars in thousands) |
| ||||
EARNINGS: |
|
|
|
|
| ||
Income before income taxes and minority interest |
| $ | 384,783 |
| $ | 472,741 |
|
Add (deduct): |
|
|
|
|
| ||
Equity in earnings of unconsolidated entities |
| (66,361 | ) | (69,860 | ) | ||
Distributions from unconsolidated entities |
| 50,859 |
| 47,595 |
| ||
Minority interests in pre-tax income of subsidiaries that do not have fixed charges |
| (16,768 | ) | (14,370 | ) | ||
|
| $ | 352,513 |
| $ | 436,106 |
|
Add fixed charges: |
|
|
|
|
| ||
Consolidated interest expense(1) |
| 60,611 |
| 64,634 |
| ||
Interest portion (1/3) of consolidated rent expense |
| 27,745 |
| 25,852 |
| ||
|
| $ | 440,869 |
| $ | 526,592 |
|
|
|
|
|
|
| ||
FIXED CHARGES: |
|
|
|
|
| ||
Consolidated interest expense(1) |
| $ | 60,611 |
| $ | 64,634 |
|
Interest portion (1/3) of consolidated rent expense |
| 27,745 |
| 25,852 |
| ||
|
| $ | 88,356 |
| $ | 90,486 |
|
|
|
|
|
|
| ||
RATIO OF EARNINGS TO FIXED CHARGES |
| 4.99 |
| 5.82 |
| ||
(1) Interest expense on income tax contingencies is not included in fixed charges.