Exhibit 12.1
Triad Hospitals, Inc.
Computation of Ratio of Earnings to Fixed Charges
For the Years Ended December 31, For the Six Months
Ended June 30,
1997 1998 1999 2000 2001 2001 2002
Earnings:
Income from continuing operations before
minority interests and income taxes $ (14.7) $ (113.9) $ (112.4) $ 26.3 $ 55.7 $ 3.0 $ 127.9
Fixed charges, exclusive of capitalized interest 73.6 82.4 78.9 72.5 144.4 56.7 77.8
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Income as adjusted $ 58.9 $ (31.5) $ (33.5) $ 98.8 $ 200.1 $ 59.7 $ 205.7
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Fixed Charges:
Interest charged to expense $ 60.5 $ 68.9 $ 67.7 $ 62.2 $ 127.6 $ 49.9 $ 68.1
Portion of rents representative of interest 13.1 13.5 11.2 10.3 16.8 6.8 9.7
73.6 82.4 78.9 72.5 144.4 56.7 77.8
Interest expense included in cost of plant construction 0.4 1.7 -- 1.7 4.6 2.2 2.9
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$ 74.0 $ 84.1 $ 78.9 $ 74.2 $ 149.0 $ 58.9 $ 80.7
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Ratios of Earnings to Fixed Charges (A) (A) (A) 1.3 1.3 1.0 2.5
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(A) Triad's earnings were insufficient to cover fixed charges by $15.1 million,
$115.6 million and $112.4 million for the years ended December 31, 1997,
1998 and 1999.