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ARDENT HEALTH SERVICES, INC. EXHIBIT 12.1
Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)
Predecessor Company
--------------------------------------------------
Pro
Forma
Nine Pro Five Seven
Month Forma Month Month Six
Period Nine Month Period Year Year Period Period Months
September Ended September 30, Ended Ended Ended Ended Ended Year Ended June 30,
30, ------------------- Dec. 31, Dec. 31, Dec. 31, July 31, Dec. 31, ------------------------------
2003 2003 2002 2002 2002 2001 2001 2000 2000 1999 1998
-------- ------- --------- -------- -------- -------- -------- -------- ------- -------- -------
Income from
continuing
operations
before
income taxes...... $ 663 $ 5,599 $ 8,288 $(3,650) $ 7,033 $4,276 $ 8,454 $2,861 $(8,665) $(59,218) $ 7,152
Fixed charges........ 26,595 21,659 3,691 34,840 5,820 1,900 3,149 4,869 11,261 9,902 8,996
Less interest
capitalized....... -- -- -- (500) (500) -- -- -- -- -- --
------- ------- ------- ------- ------- ------ ------- ------ ------- -------- -------
Earnings............. $27,258 $27,258 $11,979 $30,690 $12,353 $6,176 $11,603 $7,730 $ 2,596 $(49,316) $16,148
======= ======= ======= ======= ======= ====== ======= ====== ======= ======== =======
Interest including
amortization of
debt issuance
expense........... $22,086 $17,150 $ 2,073 $28,076 $ 2,751 $1,288 $ 2,488 $4,339 $10,062 $ 8,422 $ 7,702
Interest
capitalized....... -- -- -- 500 500 -- -- -- -- -- --
Portion of rents
representative
of interest....... 4,509 4,509 1,618 6,264 2,569 612 661 530 1,199 1,480 1,294
------- ------- ------- ------- ------- ------ ------- ------ ------- -------- -------
Fixed Charges........ $26,595 $21,659 $ 3,691 $34,840 $ 5,820 $1,900 $ 3,149 $4,869 $11,261 $ 9,902 $ 8,996
======= ======= ======= ======= ======= ====== ======= ====== ======= ======== =======
Ratio of earnings
to fixed charges.. 1.02x 1.26x 3.25x -- 2.12x 3.25x 3.68x 1.58x -- -- 1.80x
Amount by which
earnings are
inadequate to
cover fixed
charges........... $ $ 4,150 $ 8,665 $ 59,218