EX-12 3 dex12.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Computation of Ratio of Earnings to Fixed Charges
 
VERIZON FLORIDA INC.
 
EXHIBIT 12
 
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
      
Nine Months Ended
September 30, 2002
      
(Dollars in Millions)
Income before provision for income taxes
     
$
203.9
Interest expense
     
 
84.0
Portion of rent expense representing interest
     
 
17.9
Amortization of capitalized interest
     
 
.5
      
Earnings, as adjusted
     
$
306.3
      
Fixed charges:
         
Interest expense
     
$
84.0
Portion of rent expense representing interest
     
 
17.9
Capitalized interest
     
 
.7
      
Fixed Charges
     
$
102.6
      
Ratio of Earnings to Fixed Charges
     
 
2.99