EX-12 3 ar2q04ex12a.txt AMR CORPORATION EXHIBIT 12 Exhibit 12 AMR CORPORATION Computation of Ratio of Earnings to Fixed Charges (in millions) Three Months Ended Six Months Ended June 30, June 30, 2004 2003 2004 2003 Earnings (loss): Earnings (loss) before income taxes $ 6 $ (75) $(160) $(1,118) Add: Total fixed charges (per below) 441 434 876 871 Less: Interest capitalized 20 18 38 37 Total earnings (loss) before income taxes $427 $ 341 $678 $ (284) Fixed charges: Interest, including interest capitalized $205 $ 181 $406 $ 364 Portion of rental expense representative of the interest factor 221 241 441 485 Amortization of debt expense 15 12 29 22 Total fixed charges $441 $ 434 $876 $ 871 Coverage deficiency $ 14 $ 93 $198 $1,155