Exhibit 12.1



COMPUTATION OF EARNINGS TO FIXED CHARGES



|                                                                                                                                  |  |                          |         |   |      |   |         |      |  |         |      |  |         |      |  |         |  
|--------------------------------------------------------------------------------------------------------------------------------- |  | ------------------------ | ------- | - | ---- | - | ------- | ---- |  | ------- | ---- |  | ------- | ---- |  | ------- | -
|                                                                                                                                  |  | Years Ended November 30, |        
|                                                                                                                                  |  | 2003                     |         |   | 2002 |   |         | 2001 |  |         | 2000 |  |         | 1999 | 
|                                                                                                                                  |  | (Dollars In thousands)   |        
|EARNINGS FROM CONTINUING OPERATIONS :                                                                                             |  |                          |         |   |      |   |         |      |  |         |      |  |         |      |  |         |  
|Pre-tax income from continuing operations before adjustment for minority interests or income or loss from equity method
investees |  | $                        | 67,254  |   |      | $ | 161,971 |      |  | 130,924 |      |  | 82,272  |      |  | 77,984  |  
|Fixed charges                                                                                                                     |  |                          | 105,592 |   |      |   | 96,431  |      |  | 119,132 |      |  | 134,570 |      |  | 92,261  |  
|Amortization of capitalized interest                                                                                              |  |                          | 1,059   |   |      |   | 952     |      |  | 759     |      |  | 439     |      |  | 261     |  
|Distributed income of equity investees                                                                                            |  |                          | 63,298  |   |      |   | 74,601  |      |  | 90,478  |      |  | 98,380  |      |  | 40,575  |  
|Interest capitalized                                                                                                              |  |                          | (3,338  | ) |      |   | (4,377  | )    |  | (9,390  | )    |  | (13,848 | )    |  | (9,062  | )
|                                                                                                                                  |  |                          |         |   |      |   |         |      |  |         |      |  |         |      |  |         |  
|Earnings                                                                                                                        |  | $                        | 233,865 |   |      | $ | 329,578 |      |  | 331,903 |      |  | 301,813 |      |  | 202,019 |  
|                                                                                                                                  |  |                          |         |   |      |   |         |      |  |         |      |  |         |      |  |         |  
|FIXED CHARGES :                                                                                                                   |  |                          |         |   |      |   |         |      |  |         |      |  |         |      |  |         |  
|Interest, whether capitalized, and amortization of debt discounts or premiums:                                                    |  |                          |         |   |      |   |         |      |  |         |      |  |         |      |  |         |  
|Interest expensed and capitalized                                                                                                 |  | $                        | 98,361  |   |      | $ | 89,966  |      |  | 115,170 |      |  | 132,182 |      |  | 91,276  |  
|Amortized premiums, discounts and capitalized                                                                                     |  |                          |         |   |      |   |         |      |  |         |      |  |         |      |  |         |  
|expenses related to indebtedness                                                                                                  |  |                          | 7,231   |   |      |   | 6,465   |      |  | 3,962   |      |  | 2,388   |      |  | 985     |  
|                                                                                                                                  |  |                          |         |   |      |   |         |      |  |         |      |  |         |      |  |         |  
|Fixed charges                                                                                                                   |  | $                        | 105,592 |   |      | $ | 96,431  |      |  | 119,132 |      |  | 134,570 |      |  | 92,261  |  
|                                                                                                                                  |  |                          |         |   |      |   |         |      |  |         |      |  |         |      |  |         |  
|EARNINGS TO FIXED CHARGES :                                                                                                       |  |                          | 2.2     | x |      |   | 3.4     | x    |  | 2.8     | x    |  | 2.2     | x    |  | 2.2     | x