EX-12 3 d00440a1exv12.txt COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES EXHIBIT 12 AMR CORPORATION COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (IN MILLIONS)
Three Months Ended Six Months Ended June 30, June 30, -------------------- -------------------- 2002 2001 2002 2001 ------- ------- ------- ------- Earnings: Loss before income taxes and cumulative effect of accounting change $ (720) $ (793) $(1,583) $ (850) Add: Total fixed charges (per below) 435 423 875 754 Less: Interest capitalized 22 38 44 79 ------- ------- ------- ------- Total loss before income taxes and cumulative effect of accounting change $ (307) $ (408) $ (752) $ (175) ======= ======= ======= ======= Fixed charges: Interest, including interest capitalized $ 156 $ 126 $ 316 $ 240 Portion of rental expense representative of the interest factor 270 290 542 502 Amortization of debt expense 9 7 17 12 ------- ------- ------- ------- Total fixed charges $ 435 $ 423 $ 875 $ 754 ======= ======= ======= ======= Coverage deficiency $ 742 $ 831 $ 1,627 $ 929 ======= ======= ======= =======