Exhibit 12.1
Air Methods Corporation
Ratio of Earnings to Fixed Charges
(dollars in thousands)
2005 | 2006 | 2007 | 2008 | 2009 | ||||||||||||||||
Calculation of Earnings | ||||||||||||||||||||
Pre-Tax Income From Continuing Operations | $ | 20,025 | $ | 30,344 | $ | 45,448 | $ | 30,478 | $ | 47,104 | ||||||||||
Fixed Charges | 13,238 | 14,354 | 16,982 | 23,705 | 24,120 | |||||||||||||||
Pre-Tax Income From Continuing Operations and Fixed Charges | $ | 33,263 | $ | 44,698 | $ | 62,430 | $ | 54,183 | $ | 71,224 | ||||||||||
Calculation of Fixed Charges | ||||||||||||||||||||
Interest Expense | $ | 5,956 | $ | 5,821 | $ | 5,609 | $ | 5,197 | $ | 5,086 | ||||||||||
Interest Factor in Rental Expense (1) | 7,282 | 8,533 | 11,373 | 18,508 | 19,034 | |||||||||||||||
Total Fixed Charges | $ | 13,238 | $ | 14,354 | $ | 16,982 | $ | 23,705 | $ | 24,120 | ||||||||||
Ratio of Earnings to Fixed Charges | 2.51 | 3.11 | 3.68 | 2.29 | 2.95 |
Notes
(1) The portion of total rental expense that represents the interest factor is estimated to be 32%.