QuickLinks -- Click here to rapidly navigate through this document
Statement Regarding Computation of Ratio of Earnings to Fixed Charges
Radiation Therapy Services Holdings, Inc.
| | Predecessor | | | | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | Successor | |||||||||||||||||||
| | Year Ended December 31, | | ||||||||||||||||||
| | Period From January 1 to February 21, 2008 | Period From February 22 to December 31, 2008 | | | ||||||||||||||||
| | Year Ended December 31, 2009 | Year Ended December 31, 2010 | ||||||||||||||||||
| | 2006 | 2007 | ||||||||||||||||||
Pre-tax income before before adjustment for noncontrolling interests in consolidated subsidiaries | 49,886 | 42,644 | (10,283 | ) | (4,266 | ) | (6,713 | ) | (126,600 | ) | ||||||||||
(Income) Loss from equity investees | 128 | 46 | (39 | ) | 118 | (880 | ) | (1,001 | ) | |||||||||||
Distributed income of equity investees | — | — | — | — | 301 | (1,007 | ) | |||||||||||||
Noncontrolling interest in pre-tax income of subsidiaries that have not incurred fixed charges | (580 | ) | (1,211 | ) | (19 | ) | (2,483 | ) | (1,835 | ) | (1,698 | ) | ||||||||
Fixed Charges | 13,376 | 21,298 | 4,981 | 57,070 | 65,138 | 62,489 | ||||||||||||||
Earnings | 62,810 | 62,777 | (5,361 | ) | 50,439 | 56,010 | (67,817 | ) | ||||||||||||
Interest expense | 12,570 | 20,250 | 4,783 | 55,863 | 63,119 | 59,098 | ||||||||||||||
An estimate of the interest within rental expense | 806 | 1,048 | 198 | 1,207 | 2,018 | 3,392 | ||||||||||||||
Fixed Charges | 13,376 | 21,298 | 4,981 | 57,070 | 65,138 | 62,489 | ||||||||||||||
Ratio of earnings to fixed charges | 4.70 | 2.95 | — | — | — | — | ||||||||||||||
Deficiency to cover charges(2) | — | — | 10,341 | 6,631 | 9,128 | 130,306 | ||||||||||||||
- (1)
- For purposes of computing the ratio of earnings to fixed charges, earnings consist of income (loss) before provision for income taxes plus fixed charges. Fixed charges consist of interest expense on all indebtness including amortization of deferred financing costs and the portion of operating lease rental expense that is representative of the interest factor.
- (2)
- Coverage deficiency represents the amount by which earnings were insufficient to cover fixed charges.
Statement Regarding Computation of Ratio of Earnings to Fixed Charges Radiation Therapy Services Holdings, Inc.