EX-12.1 7 y59506ex12-1.txt SUBSIDIARIES Exhibit 12.1 Earnings to Fixed Charges (In Millions) 1997 1998 1999 2000 2001 PIF Income before Taxes (3.2) 11.1 32.0 (53.8) 4.7 (2.5) Interest Expense (a) 17.0 37.5 44.0 68.5 76.0 83.3 1/3 Rental Expense (b) 1.0 1.9 2.2 2.2 2.6 2.6 Fixed Charges (a+b) 18.0 39.4 46.2 70.8 78.6 85.9 Earnings 14.8 50.5 78.6 17.0 83.3 83.4* Ratio 0.8 1.3 1.7 0.24 1.1 * Shortfall $2.5 million.