1
Exhibit 12.1
Litchfield Financial Corporation
Ratio of Earnings to Fixed Changes
THREE MONTHS
ENDED
YEAR ENDED DECEMBER 31, MARCH 31,
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1993 1994 1995 1996 1997 1997 1998
Income before income taxes
and extraordinary item 3677 4318 5515 8574 10737 1862 2520
Interest Expense 2717 3158 6138 7197 10675 2394 2997
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Total 6394 7476 11653 15771 21412 4256 5517
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Total 6394 7476 11653 15771 21412 4256 5517
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Interest Expense 2717 3158 6138 7197 10675 2394 2997
Ratio of earnings to fixed
charges 2.35 2.37 1.90 2.19 2.01 1.78 1.84
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