EX-12.1 7 ex12-1_080301.txt STATEMENT RE: COMPUTATION OF RATIO Exhibit 12.1 EXTENDED STAY AMERICA, INC. Statement Re: Computation of Ratio of Earnings to Combined Fixed Charges
Three Months Ended Year Ended December 31, March 31, --------------------- 1996 1997 1998 1999 2000 2000 2001 ---- ---- ---- ---- ---- ---- ---- (Amounts in thousands of dollars) Pre-tax income from operations $ 12,990 $ 8,474 $ 67,253 $ 135,302 $192,831 $ 35,946 $ 47,738 ========================================================= ===================== Fixed charges: Interest costs, both expensed and capitalized, and amortization of debt costs $ 332 $ 1,731 $ 38,138 $ 66,289 $ 87,065 $ 19,300 $ 22,318 ========================================================= ===================== Ratio of earnings to fixed charges 39.1265 4.8954 1.76 2.04 2.21 1.86 2.14 ========================================================= =====================