BCE Inc. | ||||||||
EXHIBIT TO 2023 FIRST QUARTER FINANCIAL STATEMENTS | ||||||||
EARNINGS COVERAGE | ||||||||
The following consolidated financial ratios are calculated for the twelve months ended March 31, 2023, give effect to the issuance and redemption of all long-term debt since April 1, 2022 as if these transactions occurred on April 1, 2022, and are based on unaudited financial information of BCE Inc. | ||||||||
March 31, 2023 | ||||||||
Earnings coverage of interest on debt requirements based on net earnings attributable to owners of BCE Inc. before interest expense and income tax: | ||||||||
3.3 times | ||||||||
Earnings coverage of interest on debt requirements based on net earnings attributable to owners of BCE Inc. before interest expense, income tax and non-controlling interest: | ||||||||
3.3 times | ||||||||