EX-12 2 a2202016zex-12.htm EX-12
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Exhibit 12

STATEMENTS RE COMPUTATION OF RATIOS

STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

LEVEL 3 COMMUNICATIONS, INC.

 
  Fiscal Year Ended  
 
  2010   2009   2008   2007   2006  
 
  (dollars in millions)
 

Loss from Continuing Operations Before Taxes

  $ (713 ) $ (617 ) $ (312 ) $ (1,168 ) $ (810 )

Interest on Debt, Net of Capitalized Interest

    586     595     570     609     670  

Amortization of Capitalized Interest

            48     68     68  

Interest Expense Portion of Rental Expense

    69     68     68     63     44  
                       

Earnings (Losses) Available for Fixed Charges

  $ (58 ) $ 46   $ 374   $ (428 ) $ (28 )
                       

Interest on Debt

  $ 586   $ 595   $ 570   $ 609   $ 670  

Preferred Dividends

                     

Interest Expense Portion of Rental Expense

    69     68     68     63     44  
                       

Total Fixed Charges

  $ 655   $ 663   $ 638   $ 672   $ 714  
                       

Ratio of Earnings to Fixed Charges

                     
                       

Deficiency

  $ (713 ) $ (617 ) $ (264 ) $ (1,100 ) $ (742 )
                       



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STATEMENTS RE COMPUTATION OF RATIOS STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES LEVEL 3 COMMUNICATIONS, INC.