Five Star Quality Care, Inc.
Ratio of Earnings to Fixed Charges
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| Nine months |
| Year ended December 31, |
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| 2006 |
| 2005 |
| 2005 |
| 2004 |
| 2003 |
| 2002 |
| 2001 |
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Consolidated earnings |
| ($79,916 | ) | ($78,930 | ) | ($80,416 | ) | $ | 4,463 |
| ($6,500 | ) | ($12,925 | ) | $ | 527 |
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Consolidated fixed charges |
| 2,419 |
| 3,024 |
| 3,743 |
| 1,172 |
| 1,439 |
| 249 |
| — |
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Ratio of consolidated earnings to fixed charges |
| (33.0 | ) | (26.1 | ) | (21.5 | ) | 3.8 |
| N/M |
| N/M |
| N/M |
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Deficiency |
| 84,754 |
| 84,978 |
| 87,902 |
| N/M |
| 9,378 |
| 13,423 |
| N/M |
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Calculation of fixed charges: |
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Interest expense |
| $ | 2,131 |
| $ | 2,682 |
| $ | 3,348 |
| $ | 881 |
| $ | 1,164 |
| $ | 198 |
| $ | 0 |
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Interest expense capitalized |
| — |
| — |
| — |
| — |
| — |
| — |
| — |
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Interest component of capitalized lease expense |
| — |
| — |
| — |
| — |
| — |
| — |
| — |
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Amortization of debt discounts |
| — |
| — |
| — |
| — |
| — |
| — |
| — |
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Amortization of capitalized deferred finance costs |
| 288 |
| 342 |
| 395 |
| 291 |
| 275 |
| 51 |
| — |
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Total |
| $ | 2,419 |
| $ | 3,024 |
| $ | 3,743 |
| $ | 1,172 |
| $ | 1,439 |
| $ | 249 |
| $ | 0 |
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Calculation of consolidated earnings: |
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Consolidated net income |
| ($82,335 | ) | ($81,954 | ) | ($84,159 | ) | $ | 3,291 |
| ($7,939 | ) | ($13,174 | ) | $ | 527 |
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Consolidated fixed charges |
| 2,419 |
| 3,024 |
| 3,743 |
| 1,172 |
| 1,439 |
| 249 |
| — |
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Total |
| ($79,916 | ) | ($78,930 | ) | ($80,416 | ) | $ | 4,463 |
| ($6,500 | ) | ($12,925 | ) | $ | 527 |
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N/M = Not Meaningful