BCE Inc. | ||||||||
EXHIBIT TO 2022 ANNUAL FINANCIAL STATEMENTS | ||||||||
EARNINGS COVERAGE | ||||||||
The following consolidated financial ratios are calculated for the twelve months ended December 31, 2022, give effect to the issuance and redemption of all long-term debt since January 1, 2022 as if these transactions occurred on January 1, 2022, and are based on unaudited financial information of BCE Inc. | ||||||||
December 31, 2022 | ||||||||
Earnings coverage of interest on debt requirements based on net earnings attributable to owners of BCE Inc. before interest expense and income tax: | ||||||||
3.5 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: | ||||||||
3.6 times | ||||||||