EX-12.2 19 a2163622zex-12_2.txt EXHIBIT 12.2 EXHIBIT 12.2 VIDEOTRON LTEE COMPUTATION OF RATIO OF LONG-TERM DEBT, EXCLUDING QMI SUBORDINATED LOANS, TO EBITDA (DOLLARS IN MILLIONS, EXCEPT FOR RATIO OF LONG-TERM DEBT, EXCLUDING QMI SUBORDINATED LOANS, TO EBITDA)
YEAR ENDED SIX MONTHS PROFORMA DECEMBER 31, ENDED JUNE 30, JUNE 30, ------------------------------ ------------------- ---------- 2002 2003 2004 2004 2005 2005 -------- -------- -------- -------- -------- ---------- CANADIAN GAAP Long-term debt, excluding QMI subordinated loans(1).................................. $1,119.6 $886.7 $888.9 $876.6 $904.8 $904.8 EBITDA(2)(3)................................ 210.4 277.7 341.1 163.7 187.5 201.3 -------- ------ ------ ------ ------ ------ Ratio of long-term debt, excluding QMI subordinated loans, to EBITDA............. 5.3 3.2 2.6 2.7 2.4 2.2 -------- ------ ------ ------ ------ ------
--------- (1) As defined and calculated in note 6 to "Selected Consolidated Financial and Operating Data," except for the pro forma combined long-term debt, excluding QMI subordinated loans, for the six months ended June 30, 2005, which is calculated as described in note 9 to "Summary -- Summary Consolidated Financial and Operating Data and Pro Forma Combined Financial Information." (2) As defined and calculated in note 7 to "Selected Consolidated Financial and Operating Data." (3) Ratio of long-term debt, excluding QMI subordinated loans, to EBITDA for the six months ended June 30, 2004 and 2005, is based on annualized EBITDA for the six months ended June 30, 2004 and 2005, respectively.