EX-12.1 5 g99111exv12w1.txt EX-12.1 STATEMENT REGARDING COMPUTATION OF RATIOS . . . EXHIBIT 12.1
9/30/2005 9/30/2004 2004 2003 2002 2001 2000 ------------------------------------------------------------------------------------- Income (loss) from continuing operations before income taxes, minority interest, and cumulative effect of accounting change 42,727 76,122 103,169 88,637 4,063 12,006 (780,575) Equity (earnings) loss from affiliates 301 450 631 (119) 153 358 21,438 Fixed charges 55,737 59,169 79,033 78,948 91,825 133,247 153,216 Distributions from affiliates 0 0 0 0 0 0 6,700 Less capitalized interest (3,689) (4,448) (5,839) (900) 0 0 (8,330) ------------------------------------------------------------------------------------- Earnings, as defined 95,076 131,293 176,994 166,566 96,041 145,611 (607,551) ===================================================================================== Interest expense 48,014 49,501 66,444 70,543 80,094 110,605 129,259 Capitalized interest 3,689 4,448 5,839 900 0 0 8,330 Amortization of debt discount and premium and issuance expense 4,034 5,220 6,750 7,505 11,731 22,642 15,627 ------------------------------------------------------------------------------------- Fixed charges, as defined 55,737 59,169 79,033 78,948 91,825 133,247 153,216 ===================================================================================== Ratio of earnings to fixed charges 1.7x 2.2x 2.2x 2.1x 1.0x 1.1x N/A Deficiency in earnings available to cover fixed charges (760,767)