Exhibit 7.2
 
 Year ended December 31,2003
    
    
    2004
    
    
    2005
    
    
    2006
    
    
    2007(thousands of constant December 31, 2007 pesos, except ratio data)Income (Loss) Before Income Tax
    
    
    (429,288
    )
    
    
    1,350,495
    
    
    
    213,655
    
    
    
    72,509
    
    
    
    299,631Determination of the RatioFixed charges:Interest expense (1)
    
    
    36,143
    
    
    
    46,439
    
    
    
    110,889
    
    
    
    94,093
    
    
    
    233,628Interest capitalized during period
    
    
    (448
    )
    
    
    (530
    )
    
    
    (804
    )
    
    
    71,815
    
    
    
    3,942Rental expense
    
    
    15,256
    
    
    
    15,473
    
    
    
    15,717
    
    
    
    21,450
    
    
    
    18,186Amortization of Debt issuance costs
    
    
    10,286
    
    
    
    (1,480,065
    )
    
    
    (14,708
    )
    
    
    (137,603
    )
    
    
    5,966Early extinguishment of debtTotal fixed charges:
    
    
    61,237
    
    
    
    (1,418,683
    )
    
    
    111,094
    
    
    
    49,755
    
    
    
    261,722Earnings:Income (loss) from continuing operations
    
    
    (429,288
    )
    
    
    1,350,495
    
    
    
    213,655
    
    
    
    72,509
    
    
    
    299,631Fixed charges
    
    
    61,237
    
    
    
    (1,418,683
    )
    
    
    111,094
    
    
    
    49,755
    
    
    
    261,722Amortization of capitalized interests
    
    
    (252
    )
    
    
    (1,080
    )
    
    
    (1,920
    )
    
    
    28,852
    
    
    
    16,032Less: interest capitalized during period
    
    
    448
    
    
    
    530
    
    
    
    804
    
    
    
    (71,815
    )
    
    
    (3,942
    )Total earnings:
    
    
    (367,855
    )
    
    
    (68,738
    )
    
    
    323,633
    
    
    
    79,301
    
    
    
    573,443Ratio of Earnings to Fixed Charges
    
    
    (6.01
    )
    
    
    0.05
    
    
    
    2.91
    
    
    
    1.59
    
    
    
    2.19Insufficiency
    
    
    429,092
    
    
    
    1,349,945
    
    
    
    (212,539
    )
    
    
    (29,546
    )
    
    
    (311,721
    )




---



##### 



Year ended December 31,2003
    
    
    2004
    
    
    2005
    
    
    2006
    
    
    2007(thousands of constant December 31, 2007 pesos, except ratio data)Income (Loss) Before Income Tax
    
    
    (415,752
    )
    
    
    (112,644
    )
    
    
    (48,187
    )
    
    
    30,783
    
    
    
    133,178Determination of the RatioFixed charges:Interest expense (1)
    
    
    35,603
    
    
    
    45,598
    
    
    
    109,678
    
    
    
    144,038
    
    
    
    232,912Interest capitalized during period
    
    
    93
    
    
    
    311
    
    
    
    407
    
    
    
    21,870
    
    
    
    4,658Rental expense
    
    
    15,255
    
    
    
    15,473
    
    
    
    15,717
    
    
    
    21,450
    
    
    
    18,186Amortization of Debt issuance costs
    
    
    34,993
    
    
    
    35,190
    
    
    
    37,780
    
    
    
    41,732
    
    
    
    5,966Early extinguishment of debtTotal fixed charges:
    
    
    85,944
    
    
    
    96,572
    
    
    
    163,582
    
    
    
    229,090
    
    
    
    261,722Earnings:Income (loss) from continuing operations
    
    
    (415,752
    )
    
    
    (112,644
    )
    
    
    (48,187
    )
    
    
    30,783
    
    
    
    133,178Fixed charges
    
    
    85,944
    
    
    
    96,572
    
    
    
    163,582
    
    
    
    229,090
    
    
    
    261,722Amortization of capitalized interests
    
    
    829
    
    
    
    844
    
    
    
    881
    
    
    
    1,716
    
    
    
    4,136Less: interest capitalized during period
    
    
    (92
    )
    
    
    (311
    )
    
    
    (407
    )
    
    
    (21,870
    )
    
    
    (4,658
    )Total earnings:
    
    
    (329,071
    )
    
    
    (15,542
    )
    
    
    115,878
    
    
    
    239,719
    
    
    
    394,378Ratio of Earnings to Fixed Charges
    
    
    (3.83
    )
    
    
    (0.16
    )
    
    
    0.71
    
    
    
    1.05
    
    
    
    1.51Insufficiency
    
    
    415,015
    
    
    
    112,114
    
    
    
    47,704
    
    
    
    (10,629
    )
    
    
    (132,656
    )