Exhibit 12.1
Triad Hospitals, Inc.
Computation of Ratios of Earnings to Fixed Charges
For the Years Ended December 31, | |||||||||||||||
2004 | 2003 | 2002 | 2001 | 2000 | |||||||||||
Earnings: | |||||||||||||||
Income from continuing operations before minority interests and income taxes | $ | 228.7 | $ | 179.9 | $ | 243.8 | $ | 67.3 | $ | 14.7 | |||||
Fixed Charges, exclusive of capitalized interest | 141.7 | 155.9 | 154.7 | 143.1 | 71.2 | ||||||||||
Income as adjusted | $ | 370.4 | $ | 335.8 | $ | 398.5 | $ | 210.4 | $ | 85.9 | |||||
Fixed Charges: | |||||||||||||||
Interest charged to expense | $ | 113.7 | $ | 133.7 | $ | 135.6 | $ | 127.4 | $ | 61.8 | |||||
Portions of rents representative of interest | 28.0 | 22.2 | 19.1 | 15.7 | 9.4 | ||||||||||
141.7 | 155.9 | 154.7 | 143.1 | 71.2 | |||||||||||
Interest expenses included in cost of plant construction | 5.6 | 1.8 | 4.6 | 4.6 | 1.7 | ||||||||||
$ | 147.3 | $ | 157.7 | $ | 159.3 | $ | 147.7 | $ | 72.9 | ||||||
Ratios of Earnings to Fixed Charges | 2.5x | 2.1x | 2.5x | 1.4x | 1.2x | ||||||||||