Exhibit12

COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXEDCHARGESAND PREFERRED DIVIDENDS (UNAUDITED)

|                                                                                      |  |                                                                   |         |                                |  |                                |         |         |  |        |         |         |  |        |         |         |  |        |         |         |  |        |         |         |  |  |
|--------------------------------------------------------------------------------------|--|-------------------------------------------------------------------|---------|--------------------------------|--|--------------------------------|---------|---------|--|--------|---------|---------|--|--------|---------|---------|--|--------|---------|---------|--|--------|---------|---------|--|--|
|                                                                                 |  | Predecessor                                                       |         | Successor                      |
|                                                                                 |  | YearEndedDecember 31,                                             |         | ThreeMonthsEndedMarch 31, 2004 |  | NineMonthsEndedDecember31,2004 |
|                                                                                 |  | 2000                                                              |         | 2001                           |  | 2002                           |         | 2003    |  |
|                                                                                 |  | (in $ millions, exceptratio of earnings to combined fixedcharges) |
| **Earnings:**                                                                        |  |                                                              |         |                           |  |                           |         |    |  |   |         |    |
| Pre-taxearnings (loss) from continuing operations excluding minority interestexpense |  | $                                                                 | 184     |                           |  | $                              | (424    | )  |  | $      | 180     |    |  | $      | 196     |    |  | $      | 72      |    |  | $      | (108    | )  |
| Less:                                                                                |  |                                                              |    |                           |  |                           |    |    |  |   |    |    |  |   |    |    |  |   |    |    |  |   |    |    |
| Incomefrom equity investees,net                                                      |  |                                                              | (18     | )                         |  |                           | (12     | )  |  |   | (21     | )  |  |   | (35     | )  |  |   | (12     | )  |  |   | (36     | )  |
| Plus:                                                                                |  |                                                              |    |                           |  |                           |    |    |  |   |    |    |  |   |    |    |  |   |    |    |  |   |    |    |
| Incomedistributions from equityinvestments                                           |  |                                                              | 12      |                           |  |                           | 19      |    |  |   | 61      |    |  |   | 23      |    |  |   | 15      |    |  |   | 22      |    |
| Amortizationof capitalizedinterest                                                   |  |                                                              | 9       |                           |  |                           | 9       |    |  |   | 10      |    |  |   | 14      |    |  |   | 2       |    |  |   | 6       |    |
| Totalfixedcharges                                                                    |  |                                                              | 103     |                           |  |                           | 104     |    |  |   | 89      |    |  |   | 85      |    |  |   | 16      |    |  |   | 271     |    |
| Total"earnings" as defined before combined fixedcharges                              |  | $                                                                 | 290     |                           |  | $                              | (304    | )  |  | $      | 319     |    |  | $      | 283     |    |  | $      | 93      |    |  | $      | 155     |    |
| **Fixedcharges:**                                                                    |  |                                                              |    |                           |  |                           |    |    |  |   |    |    |  |   |    |    |  |   |    |    |  |   |    |    |
| Interestexpense                                                                      |  | $                                                                 | 68      |                           |  | $                              | 72      |    |  | $      | 55      |    |  | $      | 49      |    |  | $      | 6       |    |  | $      | 239     |    |
| Capitalizedinterest                                                                  |  |                                                              | 12      |                           |  |                           | 4       |    |  |   | 6       |    |  |   | 3       |    |  |   | 3       |    |  |   | 4       |    |
| Estimatedinterest portion of rentexpense(1)                                          |  |                                                              | 23      |                           |  |                           | 28      |    |  |   | 28      |    |  |   | 33      |    |  |   | 7       |    |  |   | 21      |    |
| Preferredstockdividends                                                              |  |                                                              | — |                           |  |                           | — |    |  |   | — |    |  |   | — |    |  |   | — |    |  |   | — |    |
| Guaranteedpayment to minorityshareholders                                            |  |                                                              | — |                           |  |                           | — |    |  |   | — |    |  |   | — |    |  |   | — |    |  |   | 7       |    |
| Totalcombined fixedcharges                                                           |  | $                                                                 | 103     |                           |  | $                              | 104     |    |  | $      | 89      |    |  | $      | 85      |    |  | $      | 16      |    |  | $      | 271     |    |
| Ratioof earnings to combined fixedcharges(2)                                         |  |                                                              | 2.8     | x                         |  |                           | — |    |  |   | 3.6     | x  |  |   | 3.3     | x  |  |   | 5.8     | x  |  |   | — |    |
|                                                                                      |

|  |
|--|
|  |  |
|  |

|     |                                                                                                                                                                                                |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Theestimated interest portion of rental expense is based on the amount ofrental expense including discontinued operations for 2000 and excludingdiscontinued operations for subsequentperiods. |

|     |                                                                                                                                                                            |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Earnings wereinsufficient to cover combined fixed charges by $408 million for theyear ended December 31, 2001 and $116 million for the nine months endedDecember 31, 2004. |

----