EX-12 2 lvltexhibit1293013.htm EXHIBIT 12 LVLT Exhibit 12 9.30.13


Exhibit 12


LEVEL 3 COMMUNICATIONS, INC. AND SUBSIDIARIES
Statement Regarding Computation of Ratio of Earnings to Fixed Charges
(unaudited)

 
Nine Months Ended September 30,
 
Year Ended December 31,
(dollars in millions)
2013
 
2012
 
2012
 
2011
 
2010
 
2009
 
2008
Loss from Continuing Operations Before Taxes
$
(84
)
 
$
(331
)
 
$
(374
)
 
$
(786
)
 
$
(712
)
 
$
(623
)
 
$
(312
)
Interest on Debt, Net of Capitalized Interest
501

 
558

 
733

 
716

 
586

 
595

 
570

Amortization of Capitalized Interest
—

 
—

 
—

 
—

 
—

 
—

 
48

Portion of rents deemed representative of the interest factor (1/3)
76

 
76

 
101

 
77

 
69

 
68

 
68

(Losses) Earnings Available for Fixed Charges
$
493

 
$
303

 
$
460

 
$
7

 
$
(57
)
 
$
40

 
$
374

Interest on Debt
501

 
558

 
733

 
716

 
586

 
595

 
570

Preferred Dividends
—

 
—

 
—

 
—

 
—

 
—

 
—

Interest Expense Portion of Rental Expense
76

 
76

 
101

 
77

 
69

 
68

 
68

Total Fixed Charges
$
577

 
$
634

 
$
834

 
$
793

 
$
655

 
$
663

 
$
638

Ratio of Earnings to Fixed Charges
—

 
—

 
—

 
—

 
—

 
—

 
—

Deficiency
$
(84
)
 
$
(331
)
 
$
(374
)
 
$
(786
)
 
$
(712
)
 
$
(623
)
 
$
(264
)