EX-12.1 3 a2161237zex-12_1.htm EX-12.1
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Exhibit 12.1


Calculation of Earnings to Fixed Charges

 
  Year Ended December 31,
  Nine Months
Ended
September 30,
2005

 
 
  1999
  2000
  2001
  2002
  2003
  2004
 
Fixed Charges   $ 1,941   $ 1,897   $ 1,507   $ 1,619   $ 4,438   $ 16,209   $ 17,192  
Earnings                                            
Add:                                            
(a) Pre-tax income from continuing operations   $ 4,302   $ 14,474   $ 4,210   $ 4,486   $ 4,759   $ 10,026   $ 5,547  
(b) Fixed charges     1,941     1,897     1,507     1,619     4,438     16,209     17,192  
(c) Amortization of capitalized interest                         2     25  
(d) Distributed income of equity investees                              
(e) Share of pre-tax losses of equity investees                              
Subtract:                                            
(a) Interest capitalized                         (793 )   (1,324 )
(b) Preference security dividend requirements of consolidated subsidiaries                              
(c) Minority interest in pre-tax income of subsidiaries that have not incurred fixed charges                              
Equals Earnings   $ 6,243   $ 16,371   $ 5,717   $ 6,105   $ 9,197   $ 25,444   $ 21,440  
   
 
 
 
 
 
 
 
Ratio     3.22     8.63     3.79     3.77     2.07     1.57     1.25  
   
 
 
 
 
 
 
 



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Calculation of Earnings to Fixed Charges