EX-12.1 4 g18803exv12w1.htm EX-12.1 EX-12.1
Exhibit 12
 
STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(DOLLARS IN THOUSANDS)
 
         
    Three Months
 		 
    Ended March 31,
 		 
    2009  
 
Earnings
       
Income from continuing operations before provision for income taxes
  $ 106,663  
Income from equity investees
    (12,919 )
Distributed income from equity investees
    3,040  
Interest and amortization of deferred finance costs
    163,810  
Amortization of capitalized interest
    462  
Implicit rental interest expense
    14,986  
         
         
Total Earnings
  $ 276,042  
         
Fixed Charges
       
Interest and amortization of deferred finance costs
  $ 163,810  
Capitalized interest
    4,422  
Implicit rental interest expense
    14,986  
         
         
Total fixed charges
  $ 183,218  
         
Ratio of earnings to fixed charges
    1.51 x