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Previous: TELECOMUNICACIONES DE PUERTO RICO INC, 10-Q, 2000-11-14 |
Next: TELECOMUNICACIONES DE PUERTO RICO INC, 10-Q, EX-27, 2000-11-14 |
<PAGE> 1
EXHIBIT 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
<TABLE>
<CAPTION>
THREE MONTHS NINE MONTHS
ENDED ENDED
SEPTEMBER 30, SEPTEMBER 30,
2000 2000
------------- -------------
(DOLLARS IN MILLIONS)
<S> <C> <C>
Net earnings available for fixed charges:
Net income before extraordinary charge $ 27.4 $ 88.3
Add: Income taxes 17.1 57.0
Equity income from joint venture (0.5) (1.5)
Fixed charges 18.6 59.6
------ ------
Adjusted earnings $ 62.6 $203.4
====== ======
Fixed charges $ 18.6 $ 59.6
====== ======
RATIO OF EARNINGS TO FIXED CHARGES 3.4 3.4
====== ======
</TABLE>
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