EX-12 3 dex12.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Computation of Ratio of Earnings to Fixed Charges
VERIZON HAWAII INC.
 
EXHIBIT 12
 
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
      
Nine Months Ended
September 30, 2002
      
(Dollars in Millions)
Income (loss) before provision (benefit) for income taxes
     
$
35.4
Equity in loss from affiliate
     
 
.1
Interest expense
     
 
25.6
Portion of rent expense representing interest
     
 
5.6
Amortization of capitalized interest
     
 
.2
      
Earnings, as adjusted
     
$
66.9
      
Fixed charges:
         
Interest expense
     
$
25.6
Portion of rent expense representing interest
     
 
5.6
Capitalized interest
     
 
.2
      
Fixed Charges
     
$
31.4
      
Ratio of Earnings to Fixed Charges
     
 
2.13