Free signup for more
- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Good
|
Filing tables
Filing exhibits
DHC similar filings
Filing view
External links
Exhibit 12.1
Senior Housing Properties Trust
Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)
|
| Year Ended December 31, |
| |||||||||||||
|
| 2003 |
| 2002 |
| 2001 |
| 2000 |
| 1999 |
| |||||
Earnings: |
|
|
|
|
|
|
|
|
|
|
| |||||
Net income |
| $ | 45,874 |
| $ | 50,184 |
| $ | 17,018 |
| $ | 58,437 |
| $ | 14,834 |
|
Fixed charges |
| 37,899 |
| 30,210 |
| 7,334 |
| 15,366 |
| 18,768 |
| |||||
Adjusted earnings |
| $ | 83,773 |
| $ | 80,394 |
| $ | 24,352 |
| $ | 73,803 |
| $ | 33,602 |
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Fixed charges: |
|
|
|
|
|
|
|
|
|
|
| |||||
Interest expense |
| $ | 35,088 |
| $ | 27,399 |
| $ | 5,879 |
| $ | 15,366 |
| $ | 18,768 |
|
Distributions on trust preferred securities |
| 2,811 |
| 2,811 |
| 1,455 |
| — |
| — |
| |||||
Total fixed charges |
| $ | 37,899 |
| $ | 30,210 |
| $ | 7,334 |
| $ | 15,366 |
| $ | 18,768 |
|
Ratio of earnings to fixed charges |
| 2.2 | x | 2.7 | x | 3.3 | x | 4.8 | x | 1.8 | x |