EX-12 14 ex12.htm Exhibit 12


Exhibit 12 - Statement regarding computation of ratios


  Year Ended September 30,
 
2002
  2001
  2000
  1999
  1998
 
Earnings available for fixed charges:                        
Income (loss) before provision for income taxes
    $ (1,747 ) $ (4,507 ) $ 131   $ 477   $ 513  
Less undistributed equity earnings (loss) from investments
      40     42     4     (20 )   (22 )
Less interest capitalized during the period
      5     4     —     7     7  
Add fixed charges
      167     199     90     64     46  
 
 
 
 
 
 
Total earnings available for fixed charges
    $ (1,625 ) $ (4,354 ) $ 217   $ 554   $ 574  
 
 
 
 
 
 
 
Fixed charges:    
Interest expense including capitalized interest
    $ 126   $ 155   $ 58   $ 45   $ 28  
Interest portion of rental expense
      41     44     32     19     18  
 
 
 
 
 
 
Total fixed charges
    $ 167   $ 199   $ 90   $ 64   $ 46  
 
 
 
 
 
 
 
Ratio of earnings to fixed charges       n/a     n/a     2.4x     8.7x     12.5x  
Deficiency     $ 1,792   $ 4,553     n/a     n/a     n/a