EXHIBIT 12.1
FOUNTAIN VIEW, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(IN THOUSANDS, EXCEPT RATIOS)
YEAR ENDED DECEMBER 31,
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SIX MONTHS ENDED
ACTUAL JUNE 30,
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PRO PRO
FORMA FORMA
1993 1994 1995 1996 1997 1997 1997 1998 1998
------ ------ ------ ------ ------ ------- ------ ------ -------
Income (loss) before
income taxes........... $2,510 $4,594 $2,640 $3,878 $5,563 $(7,276) $3,985 $1,353 $ (665)
Fixed charges:
Interest expense...... 307 355 332 278 1,164 23,324 30 6,219 11,199
Portion of rent repre-
senting interest..... 1,334 1,339 1,315 1,299 1,258 2,251 626 894 1,135
------ ------ ------ ------ ------ ------- ------ ------ -------
Total fixed charges..... 1,641 1,694 1,647 1,577 2,422 25,575 656 7,113 12,334
------ ------ ------ ------ ------ ------- ------ ------ -------
Income (loss) before
income taxes and fixed
charges................ $4,151 $6,288 $4,287 $5,455 $7,985 $18,299 $4,641 $8,466 $11,669
====== ====== ====== ====== ====== ======= ====== ====== =======
Ratio of earnings to
fixed charges.......... 2.5 3.7 2.6 3.5 3.3 (1) 7.1 1.2 (1)
(1) Earnings were insufficient to cover proforma fixed charges by $7,276 and
$665 for the year ended December 31, 1997, and the six months ended June
30, 1998, respectively.