BCE Inc. | |||||||
EXHIBIT TO 2022 FIRST QUARTER FINANCIAL STATEMENTS | |||||||
EARNINGS COVERAGE | |||||||
The following consolidated financial ratios are calculated for the twelve months ended March 31, 2022, give effect to the issuance and redemption of all long-term debt since April 1, 2021 as if these transactions occurred on April 1, 2021, and are based on unaudited financial information of BCE Inc. | |||||||
March 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: | |||||||
4.5 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: | |||||||
4.6 times | |||||||