Exhibit 12
RATIO OF EARNINGS TO FIXED CHARGES
For the 6 Months Ended December 31, 2002 | For the years ended June 30, | |||||||||||||||||
2002 | 2001 | 2000 | 1999 | 1998 | ||||||||||||||
Pretax income from continuing operations | $ | 85,718 | $ | 152,676 | $ | 177,206 | $ | 177,055 | $ | 197,719 | $ | 231,138 | ||||||
Distribution of earnings from unconsolidated affiliates |
| 6,125 |
| 639 |
| 527 |
| 4,220 |
| 840 |
| 602 | ||||||
Fixed charges |
| 23,503 |
| 50,459 |
| 64,553 |
| 57,907 |
| 57,744 |
| 64,881 | ||||||
Earnings | $ | 115,346 | $ | 203,774 | $ | 242,286 | $ | 239,182 | $ | 256,303 | $ | 296,621 | ||||||
Interest | $ | 22,282 | $ | 47,831 | $ | 61,576 | $ | 56,869 | $ | 56,837 | $ | 63,974 | ||||||
Amortization of premiums and other |
| 1,221 |
| 2,628 |
| 2,977 |
| 1,038 |
| 907 |
| 907 | ||||||
Fixed Charges | $ | 23,503 | $ | 50,459 | $ | 64,553 | $ | 57,907 | $ | 57,744 | $ | 64,881 | ||||||
Ratio of Earnings to Fixed Charges |
| 4.91 |
| 4.04 |
| 3.75 |
| 4.13 |
| 4.44 |
| 4.57 |