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Exhibit 12.1
Triad Hospitals, Inc
Computation of Ratios of Earnings to Fixed Charges
For the Years Ended December 31, | |||||||||||||||||
2002 | 2001 | 2000 | 1999 | 1998 | |||||||||||||
Earnings: | |||||||||||||||||
Income from continuing operations before minority interests and income taxes | $ | 250.5 | $ | 55.7 | $ | 26.3 | $ | (112.4 | ) | $ | (113.9 | ) | |||||
Fixed charges, exclusive of capitalized interest |
| 156.9 |
| 144.4 |
| 72.5 |
| 78.9 |
|
| 82.4 |
| |||||
Income as adjusted | $ | 407.4 | $ | 200.1 | $ | 98.8 | $ | (33.5 | ) | $ | (31.5 | ) | |||||
Fixed Charges: | |||||||||||||||||
Interest charged to expense | $ | 136.7 | $ | 127.6 | $ | 62.2 | $ | 67.7 |
| $ | 68.9 |
| |||||
Portion of rents representative of interest |
| 20.2 |
| 16.8 |
| 10.3 |
| 11.2 |
|
| 13.5 |
| |||||
| 156.9 |
| 144.4 |
| 72.5 |
| 78.9 |
|
| 82.4 |
| ||||||
Interest expense included in cost of plant construction |
| 4.6 |
| 4.6 |
| 1.7 |
| — |
|
| 1.7 |
| |||||
$ | 161.5 | $ | 149.0 | $ | 74.2 | $ | 78.9 |
| $ | 84.1 |
| ||||||
Ratios of Earnings to Fixed Charges |
| 2.5 |
| 1.3 |
| 1.3 |
| (A | ) |
| (A | ) | |||||
(A) | Triad's earnings were insufficient to cover fixed charges by $112.4 million and $115.6 million for the years ended December 31, 1999 and 1998, respectively |