BCE Inc. | ||||||
EXHIBIT TO 2021 SECOND QUARTER FINANCIAL STATEMENTS | ||||||
EARNINGS COVERAGE | ||||||
The following consolidated financial ratios are calculated for the twelve months ended June 30, 2021, give effect to the issuance and redemption of all long-term debt since July 1, 2020 as if these transactions occurred on July 1, 2020, and are based on unaudited financial information of BCE Inc. | ||||||
June 30, 2021 | ||||||
Earnings coverage of interest on debt requirements based on net earnings attributable to owners of BCE Inc. before interest expense and income tax: | ||||||
4.4 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: | ||||||
4.4 times | ||||||