| Year ended December 31, | ||||||||||||||||||||||||
| 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | |||||||||||||||||||
| EARNINGS AS DEFINED | ||||||||||||||||||||||||
| Earnings (loss) from operations before income taxes and before adjustments for minority interests in consolidated subsidiaries and after eliminating undistributed earnings of equity method investees | $ | 61.5 | $ | 18.5 | $ | (1.2 | ) | $ | (27.6 | ) | $ | 58.1 | $ | (28.9 | ) | |||||||||
| Preferred stock dividend (pre-tax equivalent) | (33.8 | ) | (9.2 | ) | (0.9 | ) | — | — | — | |||||||||||||||
| Fixed charges | 76.7 | 49.4 | 53.6 | 47.5 | 51.5 | 67.8 | ||||||||||||||||||
| TOTAL EARNINGS, AS DEFINED | $ | 104.4 | $ | 58.7 | $ | 51.5 | $ | 19.9 | $ | 109.6 | $ | 38.9 | ||||||||||||
| FIXED CHARGES, AS DEFINED | ||||||||||||||||||||||||
| Interest expense | $ | 36.5 | $ | 35.0 | $ | 45.3 | $ | 41.3 | $ | 43.2 | $ | 61.4 | ||||||||||||
| Amortization of capitalized expenses related to debt | 3.4 | 2.7 | 4.5 | 3.7 | 4.4 | 4.2 | ||||||||||||||||||
| Preferred stock dividend (pre-tax equivalent) | 33.8 | 9.2 | 0.9 | — | — | — | ||||||||||||||||||
| Interest component of rent expense | 3.0 | 2.5 | 2.9 | 2.5 | 3.9 | 2.2 | ||||||||||||||||||
| TOTAL FIXED CHARGES, AS DEFINED | $ | 76.7 | $ | 49.4 | $ | 53.6 | $ | 47.5 | $ | 51.5 | $ | 67.8 | ||||||||||||
| RATIO OF EARNINGS TO FIXED CHARGES | 1.4 | 1.2 | — | — | 2.1 | — | ||||||||||||||||||
117
