EX-12 3 dex12.txt EXHIBIT 12 EXHIBIT 12. RATIO OF EARNINGS TO FIXED CHARGES
For the 6-Months For the years ended June 30 December 31, 2001 2001 2000 1999 1998 ------------------- ------------ ---------- ---------- ---------- Pretax income from continuing operations $ 89,227 $ 177,206 $ 177,055 $ 197,719 $ 231,138 Distribution of earnings from unconsolidated affiliates - 527 4,220 840 602 Fixed charges 27,261 64,553 57,907 57,744 64,881 ------------------- ------------ ---------- ---------- ---------- Earnings $ 116,488 $ 242,286 $ 239,182 $ 256,303 $ 296,621 Interest $ 25,918 $ 61,576 $ 56,869 $ 56,837 $ 63,974 Amortization of premiums and other 1,343 2,977 1,038 907 907 ------------------- ------------ ---------- ---------- ---------- Fixed Charges $ 27,261 $ 64,553 $ 57,907 $ 57,744 $ 64,881 Ratio of Earnings to Fixed Charges 4.27 3.75 4.13 4.44 4.57