EX-12 2 amr-ex12x20121231.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AMR- EX 12-2012.12.31


Exhibit 12
AMR CORPORATION
Computation of Ratio of Earnings to Fixed Charges
(in millions)


 
2012
 
2011
 
2010
 
2009
 
2008
Loss:
 
 
 
 
 
 
 
 
 
Loss before income taxes and cumulative effect of accounting change
$
(2,445
)
 
$
(1,979
)
 
$
(506
)
 
$
(1,752
)
 
$
(2,118
)
Add: Total fixed charges (per below)
1,579

 
1,899

 
1,804

 
1,662

 
1,678

Less: Interest capitalized
50

 
40

 
31

 
42

 
33

Total earnings (loss) before income taxes
$
(916
)
 
$
(120
)
 
$
1,267

 
$
(132
)
 
$
(473
)
Fixed charges:
 
 
 
 
 
 
 
 
 
Interest
$
626

 
$
780

 
$
775

 
$
689

 
$
703

Portion of rental expense representative of the interest factor
898

 
1,049

 
958

 
877

 
847

Amortization of debt expense
55

 
70

 
71

 
96

 
128

Total fixed charges
$
1,579

 
$
1,899

 
$
1,804

 
$
1,662

 
$
1,678

Ratio of earnings to fixed charges
—

 
—

 
—

 
—

 
—

Coverage deficiency
$
2,495

 
$
2,019

 
537

 
$
1,794

 
$
2,151