COMPUTATION
OF
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RATIO
OF EARNINGS TO FIXED CHARGES
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Years
Ended December 31,
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2008
|
2007
|
2006
|
2005
|
2004
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7.0
|
12.4
|
24.2
|
23.2
|
18.7
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The
ratio of earnings to fixed charges has been computed by dividing earnings
available for
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fixed
charges (earnings from continuing operations before income taxes plus
fixed charges
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and
amortization of capitalized interest less capitalized interest) by fixed
charges (interest
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expense
plus capitlaized
interest).
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