Exhibit 99.2
Six Months Ended | ||||||||||||||||||||||||||||
Fiscal Year Ended September 30, | March 31, | |||||||||||||||||||||||||||
2007 | 2008 | 2009 | 2010 | 2011 | 2011 | 2012 | ||||||||||||||||||||||
unaudited | ||||||||||||||||||||||||||||
Earnings | ||||||||||||||||||||||||||||
Earnings (loss) before income taxes | (536,072 | ) | (710,188 | ) | (181,781 | ) | (147,925 | ) | (196,818 | ) | (105,069 | ) | (73,751 | ) | ||||||||||||||
Plus: Fixed charges | 154,502 | 145,345 | 137,533 | 130,760 | 134,490 | 66,938 | 65,683 | |||||||||||||||||||||
Less: Capitalized interest | (148,444 | ) | (84,474 | ) | (50,451 | ) | (53,102 | ) | (57,378 | ) | (27,322 | ) | (26,801 | ) | ||||||||||||||
Add: Interest amortized to COS | 127,530 | 112,262 | 54,714 | 52,243 | 46,382 | 15,173 | 25,479 | |||||||||||||||||||||
Add: Interest impaired to COS | 12,350 | 13,795 | 3,376 | 2,313 | 1,907 | 1,409 | 53 | |||||||||||||||||||||
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Earnings available for fixed charges | (390,134 | ) | (523,260 | ) | (36,609 | ) | (15,711 | ) | (71,417 | ) | (48,871 | ) | (9,337 | ) | ||||||||||||||
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Fixed Charges | 154,502 | 145,345 | 137,533 | 130,760 | 134,490 | 66,938 | 65,683 | |||||||||||||||||||||
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Ratio of Earnings to Fixed Charges | (a | ) | (a | ) | (a | ) | (a | ) | (a | ) | (a | ) | (a | ) | ||||||||||||||
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(a) | Earnings for the fiscal years ended September 30, 2007, 2008, 2009, 2010 and 2011 and the six months ended March 31, 2011 and 2012 were insufficient to cover fixed charges by $390 million, $523 million, $37 million, $16 million, $71 million, $49 million and $9 million, respectively. |