EX-12 4 form10q93005ex12.htm

Exhibit 12

BellSouth Corporation

Computation Of Earnings To Fixed Charges

(Dollars In Millions)

 

 

 

For the Nine Months Ended September 30,

 

2004

2005

Earnings

 

 

 

 

 

Income from continuing operations before provision for income taxes, minority interest, discontinued operations, and cumulative effect of accounting change

$ 4,545

$ 3,435

 

 

 

Equity in (earnings) losses of unconsolidated affiliates

(328)

(85)

 

 

 

Portion of rental expense representative of interest factor

78

79

 

 

 

Distributed income of equity affiliates

—

—

 

 

 

Interest expense

646

850

 

 

 

Income, as adjusted

$ 4,941

$ 4,279

 

 

 

Fixed Charges

 

 

 

 

 

Interest expense

$ 646

$ 850

 

 

 

Interest capitalized

4

6

 

 

 

Portion of rental expense representative of interest factor

78

79

 

 

 

Fixed Charges

$ 728

$ 935

 

 

 

Ratio of Earnings to Fixed Charges

6.79

4.58