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EXHIBIT 12
COLUMBIA/HCA HEALTHCARE CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
FOR THE QUARTERS AND SIX MONTHS ENDED JUNE 30, 1999 AND 1998
(DOLLARS IN MILLIONS)
QUARTER SIX MONTHS
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1999 1998 1999 1998
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EARNINGS:
Income from continuing operations before minority interests
and income taxes......................................... $234 $309 $ 818 $ 710
Fixed charges, excluding capitalized interest.............. 146 179 288 367
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$380 $488 $1,106 $1,077
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FIXED CHARGES:
Interest charged to expense................................ $118 $145 $ 229 $ 298
Interest portion of rental expense and amortization of
deferred loan costs...................................... 28 34 59 69
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Fixed charges, excluding capitalized interest.............. 146 179 288 367
Capitalized interest....................................... 5 6 11 10
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$151 $185 $ 299 $ 377
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Ratio of earnings to fixed charges......................... 2.51 2.64 3.70 2.86