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Removed:
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Exhibit 12
Computation of Ratio of Earnings to Fixed Charges
(all amounts except ratios are shown in millions)
(all amounts except ratios are shown in millions)
| Year Ended December 31, | ||||||||||||||||
| 2006 | 2005 | 2004 | 2003 | |||||||||||||
| Income (loss) from continuing operations before income taxes and minority interest | $ | 60.5 | $ | (17.8 | ) | $ | 62.2 | $ | (97.3 | ) | ||||||
| Less: Equity in earnings of 50%-or-less owned companies | — | — | — | — | ||||||||||||
| Add: Fixed charges net of capitalized interest | 40.1 | 42.5 | 41.0 | 36.8 | ||||||||||||
| Add: Amortization expense of previously capitalized interest | 1.2 | 1.2 | 1.2 | 1.2 | ||||||||||||
| Total earnings | 101.8 | 25.9 | 104.4 | (59.3 | ) | |||||||||||
| Fixed charges | 40.1 | 42.5 | 41.0 | 36.8 | ||||||||||||
| Ratio of earnings to fixed charges(b) | 2.5 | 0.6 | 2.5 | 96.1 | (a) | |||||||||||
| (a) — Earnings were inadequate to cover fixed charges by $96.1 million and $162.8 million in 2003 and 2002, respectively. | ||||||||||||||||
| (b) — The ratio of earnings to fixed charges is not applicable for 2007 as a result of the redemption of the Notes on March 7, 2007. | ||||||||||||||||