Error while installing AX2012 server

While installing AX2012 server, I am getting following error:

2012-03-13 12:57:32Z Cannot find the object ‘UTILIDELEMENTS’, because it does not exist or you do not have permission.
2012-03-13 12:57:32Z Cannot find the object ‘UTILELEMENTS’, because it does not exist or you do not have permission.
2012-03-13 12:57:32Z Cannot find the object ‘UTILMODELS’, because it does not exist or you do not have permission.

2012-03-13 12:57:32Z ******************************************************************************************************
2012-03-13 12:57:32Z Common Property Install Path set to ‘C:\Program Files\Microsoft Dynamics AX\60’.
2012-03-13 12:57:32Z Installation Path retrieved from registry. Value: 'C:\Program Files\Microsoft Dynamics AX\60’
2012-03-13 12:57:32Z Setting up rights for the AOS service account ‘ibrodm\vn.it04’ to access the application files at: C:\Program Files\Microsoft Dynamics AX\60\Server\AX1\bin\Application
2012-03-13 12:57:32Z Common Property Install Path set to ‘C:\Program Files\Microsoft Dynamics AX\60’.
2012-03-13 12:57:32Z Installation Path retrieved from registry. Value: 'C:\Program Files\Microsoft Dynamics AX\60’
2012-03-13 12:57:32Z ******************************************************************************************************

2012-03-13 12:57:32Z Component installation task stopped due to an error.

My working environment: Windows 2008, SQL server denali

I use an account as admin right to access server

Please help me if any solution

Thanks in advance

If using SQL Server 2012…read the below from AX 2012 system requirements:

To use SQL Server 2012, you must install Microsoft Dynamics AX hotfix 2680186…

I successfully installed on Windows Server 2008 R2 & SQL Server 2008 SP2.

If you still want SQL Server 2012…install the hotfix & try again.

Please find SQL Server 2012 hotfix at http://support.microsoft.com/hotfix/KBHotfix.aspx?kbnum=2679368&kbln=en-us