EX-12 5 d617984dex12.htm EX-12 EX-12

Exhibit 12

STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(DOLLARS IN THOUSANDS)

 

           Nine Months Ended      

 

September 30, 2013

 

Earnings

  

Income from continuing operations before provision for income taxes

     $ 233,636    

Income from equity investees

     (36,375)   

Distributed income from equity investees

     50,838    

Interest and amortization of deferred finance costs

     465,735    

Amortization of capitalized interest

     3,985    

Implicit rental interest expense

     53,755    
  

 

 

 

Total Earnings

     $ 771,574    
  

 

 

 

Fixed Charges

  

Interest and amortization of deferred finance costs

     $ 465,735    

Capitalized interest

     8,310    

Implicit rental interest expense

     53,755    
  

 

 

 

Total Fixed Charges

     $ 527,800    
  

 

 

 

Ratio of Earnings to Fixed Charges

     1.46