Exhibit 12 Ratio of Earnings to Fixed Charges Atria Communities, Inc. Year ended December 31, ---------------------------------------------------- 1993 1994 1995 1996 1997 ---------------------------------------------------- Earnings: Income from operations before income taxes $1,003 $6,343 $5,925 $7,056 $11,798 Fixed charges, exclusive of capitalized interest 3,720 3,716 4,517 4,478 5,029 ---------------------------------------------------- 4,723 10,059 10,442 11,534 16,827 Fixed Charges: Interest 3,499 3,538 4,322 4,287 4,040 Amortization of deferred loan costs 104 67 67 73 784 Interest portion of rent expense 117 111 128 118 205 Interest expense relating to guaranteed debt of less than 50% owned affiliates 0 0 0 0 0 ---------------------------------------------------- Fixed charges exclusive of capitalized interest 3,720 3,716 4,517 4,478 5,029 Capitalized interest 0 0 0 59 1,369 ---------------------------------------------------- $3,720 $3,716 $4,517 $4,537 $6,398 Ratio of earnings to fixed charges 1.3x 2.7x 2.3x 2.5x 2.6x =====================================================