EX-12 3 g24655exv12.htm EX-12 exv12
Exhibit 12
STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(DOLLARS IN THOUSANDS)
         
    Nine Months  
    Ended September 30,  
    2010  
Earnings
       
Income from continuing operations before provision for income taxes
  $ 379,395  
Income from equity investees
    (33,100 )
Distributed income from equity investees
    21,564  
Interest and amortization of deferred finance costs
    486,308  
Amortization of capitalized interest
    2,384  
Implicit rental interest expense
    48,029  
 
     
Total Earnings
  $ 904,580  
Fixed Charges
       
Interest and amortization of deferred finance costs
  $ 486,308  
Capitalized interest
    8,562  
Implicit rental interest expense
    48,029  
 
     
Total fixed charges
  $ 542,899  
Ratio of earnings to fixed charges
    1.67 x