SEC Info℠ | Home | Search | My Interests | Help | Sign In | Please Sign In | ||||||||||||||||||||
As Of Filer Filing For·On·As Docs:Size Issuer Agent 3/31/05 Mills Limited Partnership 10-K 12/31/04 14:8.3M Merrill Corp-MD/FA Mills Corp |
Document/Exhibit Description Pages Size 1: 10-K Annual Report HTML 3.34M 2: EX-10.47 Material Contract HTML 121K 3: EX-10.49 Material Contract HTML 1.35M 4: EX-10.50 Material Contract HTML 38K 5: EX-12.1 Statement re: Computation of Ratios HTML 49K 6: EX-12.2 Statement re: Computation of Ratios HTML 50K 7: EX-21 Subsidiaries of the Registrant HTML 159K 8: EX-23 Consent of Experts or Counsel HTML 10K 9: EX-31.1 Certification per Sarbanes-Oxley Act (Section 302) HTML 14K 10: EX-31.2 Certification per Sarbanes-Oxley Act (Section 302) HTML 14K 11: EX-31.3 Certification per Sarbanes-Oxley Act (Section 302) HTML 15K 12: EX-31.4 Certification per Sarbanes-Oxley Act (Section 302) HTML 14K 13: EX-32.1 Certification per Sarbanes-Oxley Act (Section 906) HTML 11K 14: EX-32.2 Certification per Sarbanes-Oxley Act (Section 906) HTML 12K
EXHIBIT 12.1
THE MILLS CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO COMBINED
FIXED CHARGE AND PREFERRED STOCK DIVIDENDS
(In millions, except ratio data)
|
|
Year Ended December 31, |
|
|||||||||||||
|
|
|
2003 |
|
2002 |
|
2001 |
|
2000 |
|
||||||
|
|
|
|
(Restated) |
|
(Restated) |
|
(Restated) |
|
(Restated) |
|
|||||
Income before minority interest and discontinued operations |
|
$ |
220.4 |
|
$ |
146.1 |
|
$ |
72.8 |
|
$ |
23.0 |
|
$ |
45.6 |
|
Add: |
|
|
|
|
|
|
|
|
|
|
|
|||||
Loss on extinguishment debt |
|
¾ |
|
0.6 |
|
1.3 |
|
16.6 |
|
3.1 |
|
|||||
Fixed charges |
|
148.5 |
|
80.6 |
|
55.7 |
|
58.1 |
|
60.6 |
|
|||||
Amortization of capitalized interest |
|
4.2 |
|
1.7 |
|
1.8 |
|
1.6 |
|
2.9 |
|
|||||
Distributed income of unconsolidated joint ventures |
|
33.1 |
|
64.6 |
|
42.2 |
|
28.1 |
|
44.0 |
|
|||||
Deduct: |
|
|
|
|
|
|
|
|
|
|
|
|||||
Equity in earnings of unconsolidated joint ventures |
|
(15.4 |
) |
(34.5 |
) |
(24.0 |
) |
(9.5 |
) |
(11.7 |
) |
|||||
|
|
$ |
390.8 |
|
$ |
259.1 |
|
$ |
149.8 |
|
$ |
117.9 |
|
$ |
144.5 |
|
Fixed Charges: |
|
|
|
|
|
|
|
|
|
|
|
|||||
Interest expense |
|
$ |
148.5 |
|
$ |
80.6 |
|
$ |
55.7 |
|
$ |
58.1 |
|
$ |
60.6 |
|
Capitalized interest |
|
56.8 |
|
48.0 |
|
34.3 |
|
21.3 |
|
16.1 |
|
|||||
Loss on extinguishment of debt |
|
|
|
0.6 |
|
1.3 |
|
16.6 |
|
3.1 |
|
|||||
Series D preferred unit distributions |
|
0.9 |
|
0.7 |
|
¾ |
|
¾ |
|
¾ |
|
|||||
Combined fixed charges |
|
206.2 |
|
129.9 |
|
91.3 |
|
96.0 |
|
79.8 |
|
|||||
Preferred stock dividends * |
|
43.9 |
|
27.8 |
|
2.6 |
|
¾ |
|
¾ |
|
|||||
Fixed charges and preferred dividends |
|
$ |
250.1 |
|
$ |
157.7 |
|
$ |
93.9 |
|
$ |
96.0 |
|
$ |
79.8 |
|
Ratio of earnings to combined fixed charges |
|
1.9 |
|
2.0 |
|
1.6 |
|
1.2 |
|
1.8 |
|
|||||
Ratio of earnings to combined fixed charges and preferred dividends |
|
1.6 |
|
1.6 |
|
1.6 |
|
1.2 |
|
1.8 |
|
* Dividends on the Series A Cumulative Convertible Preferred Stock were included in interest expense from issue date in 2001 through conversion date in 2003.
This ‘10-K’ Filing | Date | Other Filings | ||
---|---|---|---|---|
Filed on: | 3/31/05 | 10-Q, 4, 8-K | ||
For Period End: | 12/31/04 | 8-K, NT 10-K | ||
List all Filings |