EX-12 7 d573326dex12.htm EX-12 EX-12

Exhibit 12

STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(DOLLARS IN THOUSANDS)

 

           Six Months Ended      

 

June 30, 2013

 

Earnings

  

Income from continuing operations before provision for income taxes

     $ 208,596    

Income from equity investees

     (24,734)   

Distributed income from equity investees

     30,034    

Interest and amortization of deferred finance costs

     311,406    

Amortization of capitalized interest

     3,943    

Implicit rental interest expense

     35,844    
  

 

 

 

Total Earnings

     $ 565,089    
  

 

 

 

Fixed Charges

  

Interest and amortization of deferred finance costs

     $ 311,406    

Capitalized interest

     5,379    

Implicit rental interest expense

     35,844    
  

 

 

 

Total Fixed Charges

     $ 352,629    
  

 

 

 

Ratio of Earnings to Fixed Charges

     1.60