EX-12 2 g20967exv12.htm EX-12 exv12
Exhibit 12
STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(DOLLARS IN THOUSANDS)
         
    Nine Months  
    Ended September 30,  
    2009  
Earnings
       
Income from continuing operations before provision for income taxes
  $ 330,586  
Income from equity investees
    (31,701 )
Distributed income from equity investees
    24,729  
Interest and amortization of deferred finance costs
    487,209  
Amortization of capitalized interest
    985  
Implicit rental interest expense
    46,053  
 
     
Total Earnings
  $ 857,861  
Fixed Charges
       
Interest and amortization of deferred finance costs
  $ 487,209  
Capitalized interest
    12,955  
Implicit rental interest expense
    46,053  
 
     
Total fixed charges
  $ 546,217  
Ratio of earnings to fixed charges
    1.57 x