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Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
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- 10-K Annual report
- 10.4 Material Contracts
- 10.5 Material Contracts
- 10.6 Material Contracts
- 10.7 Material Contracts
- 10.8 Material Contracts
- 12.1 Statements Regarding Computation of Ratios
- 12.2 Statements Regarding Computation of Ratios
- 21 Subsidiaries of the Registrant
- 31.1 302 Certification
- 31.2 302 Certification
- 32 906 Certification
EXHIBIT 12.1
CENTERPOINT PROPERTIES TRUST
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
|
| Years Ended December 31, |
| |||||||||||||
|
| 2005 |
| 2004 |
| 2003 |
| 2002 |
| 2001 |
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Available earnings: |
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| |||||
Income from continuing operations before income taxes and equity in net income of affiliate plus gains on sale of real estate |
| $ | 4,141 |
| $ | (24,150 | ) | $ | 6,889 |
| $ | 17,591 |
| $ | (4,121 | ) |
Plus: |
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Interest expense |
| 29,050 |
| 33,032 |
| 25,735 |
| 27,456 |
| 32,299 |
| |||||
Amortization of deferred financing costs |
| 3,742 |
| 3,567 |
| 3,354 |
| 2,918 |
| 2,376 |
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Distributed share of equity from affiliates |
| 881 |
| 5,703 |
| 2,281 |
| 1,994 |
| 3,309 |
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Available earnings |
| $ | 37,814 |
| $ | 18,152 |
| $ | 38,259 |
| $ | 49,959 |
| $ | 33,863 |
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Fixed charges: |
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Interest expense, including interest expense from discontinued operations |
| $ | 29,388 |
| $ | 33,032 |
| $ | 27,596 |
| $ | 30,452 |
| $ | 32,299 |
|
Amortization of deferred financing costs |
| 3,742 |
| 3,567 |
| 3,354 |
| 2,918 |
| 2,376 |
| |||||
Interest capitalized |
| 8,978 |
| 6,586 |
| 8,569 |
| 8,444 |
| 7,154 |
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Fixed charges |
| $ | 42,108 |
| $ | 43,185 |
| $ | 39,519 |
| $ | 41,814 |
| $ | 41,829 |
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Ratio of earnings to fixed charges |
| 0.9 |
| 0.4 |
| 1.0 |
| 1.2 |
| 0.8 |
|