Exhibit 12.1
Calculation of Earnings to Fixed Charges
Years Ended December 31, | Six months ended June 30, | |||||||||||||||||||||||
Fixed charges | 2013 | 2012 | 2011 | 2010 | 2009 | 2014 | ||||||||||||||||||
Interest expense in continuing operations | 71,752 | 68,661 | 71,525 | 48,827 | 49,919 | 33,170 | ||||||||||||||||||
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Total fixed charges | 71,752 | 68,661 | 71,525 | 48,827 | 49,919 | 33,170 | ||||||||||||||||||
Earnings available for fixed charges | ||||||||||||||||||||||||
Net Income | 15,720 | 48,039 | 56,642 | 23,266 | 41,176 | 11,421 | ||||||||||||||||||
Add: Fixed charges | 71,752 | 68,661 | 71,525 | 48,827 | 49,919 | 33,170 | ||||||||||||||||||
Less: Net income attributable to noncontrolling interests | — | (4 | ) | (15 | ) | (74 | ) | (153 | ) | — | ||||||||||||||
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Total Earnings available for fixed charges | 87,472 | 116,696 | 128,152 | 72,019 | 90,942 | 44,591 | ||||||||||||||||||
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Ratio of earnings to fixed charges | 1.22 | 1.70 | 1.79 | 1.47 | 1.82 | 1.34 |