Exhibit 12.1
Emergency Medical Services, L.P.
Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)
Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)
| Pre Fresh-Start Predecessor | Predecessor | Pro Forma (3) | ||||||||||||||||||||||||||||||||||||||||||||
| Year ended | Nine months | Three months | Five months | Eight months | Five months | |||||||||||||||||||||||||||||||||||||||||
| August 31, | ended | ended | Year ended | ended | ended | Year ended | ended | |||||||||||||||||||||||||||||||||||||||
| May 31, | August 31, | August 31, | January 31, | September 30, | August 31, | January 31, | ||||||||||||||||||||||||||||||||||||||||
| 2000 | 2001 | 2002 | 2003 | 2003 | 2004 | 2005 | 2005 | 2004 | 2005 | |||||||||||||||||||||||||||||||||||||
| Pre-tax income (loss) | $ | (1,351,874 | ) | $ | (125,307 | ) | $ | (246,009 | ) | $ | 76,159 | $ | 1,802 | $ | 59,113 | $ | 15,760 | $ | 24,659 | $ | 11,388 | $ | (4,716 | ) | ||||||||||||||||||||||
| Fixed charges: | ||||||||||||||||||||||||||||||||||||||||||||||
| Interest expense and amortization of debt costs | 95,0867 | 66,181 | 6,418 | 4,691 | 908 | 9,961 | 5,644 | 34,407 | 54,556 | 21,696 | ||||||||||||||||||||||||||||||||||||
| Rentals - 25% | 8,119 | 7,253 | 8,100 | 5,800 | 1,800 | 6,975 | 3,100 | 5,455 | 6,975 | 3,100 | ||||||||||||||||||||||||||||||||||||
| Total fixed charges | $ | 103,206 | $ | 73,434 | $ | 14,518 | $ | 10,491 | $ | 2,708 | $ | 16,936 | $ | 8,744 | $ | 39,862 | $ | 61,531 | $ | 24,796 | ||||||||||||||||||||||||||
| Pre tax income (loss) plus total fixed charges | $ | (1,248,668 | ) | $ | (51,873 | ) | $ | (231,491 | ) | $ | 86,650 | $ | 4,510 | $ | 76,049 | $ | 24,504 | $ | 64,521 | $ | 72,919 | $ | 20,080 | |||||||||||||||||||||||
| Ratio of earnings to fixed charges | (1 | ) | (1 | ) | (1 | ) | 8.26 | 1.67 | 4.49 | 2.80 | 1.62 | 1.19 | (2) | |||||||||||||||||||||||||||||||||
| (1) | Due to the Pre Fresh-Start Predecessor’s losses in 2000, 2001 and 2002, the ratio coverage was less than 1:1. The Pre Fresh-Start Predecessor must generate additional earnings of $1,351,874, $125,307 and $246,009 in 2000, 2001 and 2002, respectively, to achieve a coverage of 1:1. | |
| (2) | Due to the pro forma loss for the five months ended January 31, 2005, the ratio coverage was less than 1:1. The Predecessor must generate additional earnings of $4,716 to achieve a coverage of 1:1. | |
| (3) | The pro forma ratio of earnings to fixed charges reflects the impact on the periods presented of our acquisition of AMR and EmCare on February 10, 2005, together with the issuance on that date of the senior subordinated notes subject to this exchange offer and our senior secured credit facility. The ratio of earnings to fixed charges for the eight months ended September 30, 2005 already includes the impact of our acquisition of AMR and EmCare together with the issuance of the senior subordinated notes and senior secured credit facility; therefore, no pro forma adjustments are necessary for the eight months ended September 30, 2005. | |