Exhibit 12

COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES
AND PREFERRED DIVIDENDS (UNAUDITED)

				Predecessor																				Successor
				Year Ended December 31,																Three Months Ended March 31, 2004				Nine Months Ended December 31, 2004				Pro Forma Year Ended December 31, 2004
				2000				2001				2002				2003
				(in $ millions, except ratio of earnings to combined fixed charges)
Earnings:
Pre-tax earnings (loss) from continuing operations excluding minority interest expense				$	184			$	(424	)		$	180			$	196			$	72			$	(174	)		$	(102	)
Plus change in pro forma interest																													56
Pro forma pre-tax income																													(46	)
Less:
Income from equity investees, net					(18	)			(12	)			(21	)			(35	)			(12	)			(36	)			(48	)
Plus:
Income distributions from equity investments					12				19				61				23				15				22				37
Amortization of capitalized interest					9				9				10				14				2				6				8
Total fixed charges					103				104				89				85				16				332				309
Total "earnings" as defined before combined fixed charges and preferred dividends				$	290			$	(304	)		$	319			$	283			$	93			$	150			$	260
Fixed charges and preferred dividends:
Interest expense				$	68			$	72			$	55			$	49			$	6			$	300			$	250
Capitalized interest					12				4				6				3				3				4				7
Estimated interest portion of rent expense(1)					23				28				28				33				7				21				28
Preferred stock dividends					—				—				—				—				—				—				17
Guaranteed payment to minority shareholders					—				—				—				—				—				7				7
Total fixed charges and preferred dividends				$	103			$	104			$	89			$	85			$	16			$	332			$	309
Ratio of earnings to combined fixed charges and preferred dividends(2)					2.8	x			—				3.6	x			3.3	x			5.8	x			—				—

(1)	The estimated interest portion of rental expense is based on the amount of rental expense including discontinued operations for 2000 and excluding discontinued operations for subsequent periods.

(2)

Earnings were insufficient to cover combined fixed charges by $408 million for the year ended December 31, 2001 and $182 million for the nine months ended December 31, 2004. The pro forma ratio of earnings to fixed charges have been computed based on the historical ratio adjusted for the pro forma change in interest expense and the pro forma preferred dividends on the preferred stock. Pro forma earnings were insufficient to cover pro forma combined fixed charges and preferred dividends by $49 million for the year ended December 31, 2004.