EXHIBIT 12
CALCULATION OF EARNINGS (DEFICIENCY) TO FIXED CHARGES (IN THOUSANDS)
12/31/2000
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Earnings
Income from Continuing Operations before Income Taxes $ (948)
Adjustment for undistributed income
Distributions from affiliates
Fixed Charges 28,211
Depreciation of previously capitalized interest
Interest Capitalized (24,966)
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Earnings $ 2,297
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Fixed Charges
Interest expense and capitalized amounts
(including construction related fixed charges) 27,565
Net amortization of issuance costs (including capitalized amounts) 646
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Fixed charges $ 28,211
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Deficiency of earnings to fixed charges $ (25,914)
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