BCE Inc. | ||||||
EXHIBIT TO 2020 SECOND QUARTER FINANCIAL STATEMENTS | ||||||
EARNINGS COVERAGE | ||||||
The following consolidated financial ratios are calculated for the twelve months ended June 30, | ||||||
2020, give effect to the issuance and redemption of all long-term debt since July 1, 2019 as if | ||||||
these transactions occurred on July 1, 2019, and are based on unaudited financial information of | ||||||
BCE Inc. | ||||||
June 30, 2020 | ||||||
Earnings coverage of interest on debt requirements based on net | ||||||
earnings attributable to owners of BCE Inc. before | ||||||
interest expense and income tax: | 3.8 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: | 3.8 times | |||||