EX-12 8 d528230dex12.htm EX-12 EX-12

Exhibit 12

STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(DOLLARS IN THOUSANDS)

 

 

           Three Months Ended      

 

March 31, 2013

 

Earnings

  

Income from continuing operations before provision for income taxes

     $ 144,026    

Income from equity investees

     (15,680)   

Distributed income from equity investees

     11,297    

Interest and amortization of deferred finance costs

     156,350    

Amortization of capitalized interest

     3,911    

Implicit rental interest expense

     17,889    
  

 

 

 

Total Earnings

     $ 317,793    
  

 

 

 

Fixed Charges

  

Interest and amortization of deferred finance costs

     $ 156,350    

Capitalized interest

     3,142    

Implicit rental interest expense

     17,889    
  

 

 

 

Total Fixed Charges

     $ 177,381    
  

 

 

 

Ratio of Earnings to Fixed Charges

     1.79