<Page> EXHIBIT 12.2 EBITDA/COMBINED FIXED CHARGES <Table> <Caption> For the 12-months ended December 31, ------------------------------ 2001 2000 1999 ---- ---- ---- EBITDA: Total Earnings $230,887 $215,538 $ 38,927 Plus: Interest expense 170,121 173,891 91,184 Depreciation and amortization 35,642 34,514 10,340 -------- -------- -------- Total EBITDA: $436,650 $423,943 $140,451 COMBINED FIXED CHARGES: Interest expense 170,121 173,891 91,184 Capitalized interest 1,010 513 377 Preferred dividends 36,908 36,908 23,843 -------- -------- -------- Total combined fixed charges $208,039 $211,312 115,404 EBITDA/COMBINED FIXED CHARGES 2.10x 2.01x 1.22x </Table>