Exhibit 12
COMPUTATI0N OF RATIO OF EARNINGS TO FIXED CHARGES
| 1Q 2005 |
1Q 2004 |
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| Income from continuing operations |
$ | 9,911 | $ | 10,460 | ||||
| Additions: |
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| Fixed charges |
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| Interest expense |
8,588 | 8,575 | ||||||
| Capitalized interest |
206 | 78 | ||||||
| 8,794 | 8,653 | |||||||
| Deductions: |
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| Capitalized interest |
(206 | ) | (78 | ) | ||||
| Adjusted earnings |
$ | 18,499 | $ | 19,035 | ||||
| Fixed Charges (from above) |
$ | 8,794 | $ | 8,653 | ||||
| Ratio of Earnings to Fixed Charges |
2.10x | 2.20x | ||||||