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Exhibit 12.2
ROGERS WIRELESS INC.
COMPUTATION OF PRO FORMA RATIO OF EARNINGS TO FIXED CHARGES
(in thousands of Canadian dollars)
CANADIAN GAAP
Year ended Nine Months ended
December 31, 2003 September 30, 2004
----------------- ------------------
Fixed charges
Interest expense ........................ 405,847 297,496
Amortization of deferred financing costs 5,417 3,515
Interest expense included in rent expense 11,667 9,197
------- -------
422,931 310,208
======= =======
Earnings
Pre tax income (loss) ................... (71,983) 20,044
Fixed charges ........................... 422,931 310,208
------- -------
350,948 330,252
======= =======
Pro forma ratio of earnings to fixed charges ...... -- 1.06
======= =======
Pro forma deficiency of earnings available to
cover fixed charges ............................. 71,983 --
======= =======
US GAAP
Year ended Nine Months ended
December 31, 2003 September 30, 2004
----------------- ------------------
Fixed charges
Interest expense ....................... 400,154 293,019
Capitalized interest ................... 5,693 4,477
Amortization of deferred financing costs 5,417 3,515
Interest expense in rent expense ....... 11,667 9,197
------- -------
422,931 310,208
======= =======
Earnings
Pre tax income (loss) .................. (169,069) 1,599
Fixed charges .......................... 422,931 310,208
Amortization of capitalized interest ... 3,549 3,139
Capitalized interest ................... (5,693) (4,477)
------- -------
251,718 310,469
======= =======
Pro forma ratio of earnings to fixed charges ..... -- 1.00
======= =======
Pro forma deficiency of earnings available to
cover fixed charges ............................ 171,213 --
======= =======