EX-12.1 3 dex121.txt STATEMENT OF COMPUTATION OF RATIO OF EARNINGS Exhibit 12.1 Triad Hospitals, Inc Computation of Ratios of Earnings to Fixed Charges
For the Three Months Ended March 31, For the Years Ended December 31, ------------- -------------------------------------- 2001 2000 2000 1999 1998 1997 1996 Earnings: Income (loss) from continuing operations before minority interests and income taxes.................................... $ 16.9 $ 17.0 $26.3 $(112.4) $(113.9) $(14.7) $127.3 Fixed charges, exclusive of capitalized interest................................. 19.3 18.5 72.5 78.9 82.4 73.6 64.5 ------ ------ ----- ------- ------- ------ ------ Income (loss) as adjusted.................. $ 36.2 $ 35.5 $98.8 $ (33.5) $ (31.5) $ 58.9 $191.8 ====== ====== ===== ======= ======= ====== ====== Fixed Charges: Interest charged to expense................ $ 16.7 $ 16.1 $62.2 $ 67.7 $ 68.9 $ 60.5 $ 52.0 Portion of rents representative of interest 2.6 2.4 10.3 11.2 13.5 13.1 12.5 ------ ------ ----- ------- ------- ------ ------ 19.3 18.5 72.5 78.9 82.4 73.6 64.5 Interest expense included in cost of plant construction............................. 0.3 -- 1.7 -- 1.7 0.4 0.6 ------ ------ ----- ------- ------- ------ ------ $ 19.6 $ 18.5 $74.2 $ 78.9 $ 84.1 $ 74.0 $ 65.1 ====== ====== ===== ======= ======= ====== ====== Ratios of Earnings to Fixed Charges........ 1.8 1.9 1.3 (A) (A) (A) 3.0 ====== ====== ===== ======= ======= ====== ======
-------- (A)Triad's earnings were insufficient to cover fixed charges by $112.4 million, $115.6 million and $15.1 million for the year ended December 31, 1999, 1998 and 1997, respectively Triad Hospitals, Inc Pro forma Computation of Ratios of Earnings to Fixed Charges
For the Three For the Year Months Ended Ended March 31, December 31, 2001 2000 Earnings: Income (loss) from continuing operations before minority interests and income taxes...................................................................... $22.1 $(28.5) Fixed charges, exclusive of capitalized interest............................. 48.7 191.6 ----- ------ Income as adjusted........................................................... $70.8 $163.1 ===== ====== Fixed Charges: Interest charged to expense.................................................. $43.8 $172.3 Portion of rents representative of interest.................................. 4.9 19.3 ----- ------ 48.7 191.6 Interest expense included in cost of plant construction...................... 1.4 1.7 ----- ------ $50.1 $193.3 ===== ====== Ratios of Earnings to Fixed Charges.......................................... 1.4 (A) ===== ======
-------- (A)Pro forma earnings were insufficient to cover fixed charges by $30.2 million for the year ended December 31, 2000 1 Quorum Health Group, Inc. Computation of Ratios of Earnings to Fixed Charges
For the Nine Months Ended March 31, For the Years Ended June 30, ------------------- ---------------------------------- 2001 2000 2000 1999 1998 1997 1996 Earnings: Income (loss) from continuing operations before minority interests and income taxes $(43.0) $ 64.8 $ 93.2 $ 67.9 $148.6 $140.1 $116.7 Fixed charges, exclusive of capitalized interest.................................. 55.4 57.3 79.5 65.1 49.5 53.0 42.3 ------ ------ ------ ------ ------ ------ ------ Income as adjusted.......................... $ 12.4 $122.1 $172.7 $133.0 $198.1 $193.1 $159.0 ====== ====== ====== ====== ====== ====== ====== Fixed Charges: Interest charged to expense................. $ 48.6 $ 50.7 $ 67.2 $ 53.7 $ 40.6 $ 45.6 $ 36.6 Portion of rents representative of interest. 6.8 6.6 12.3 11.4 8.9 7.4 5.7 ------ ------ ------ ------ ------ ------ ------ 55.4 57.3 79.5 65.1 49.5 53.0 42.3 Interest expense included in cost of plant construction.............................. 2.8 -- 0.4 1.7 2.6 0.1 -- ------ ------ ------ ------ ------ ------ ------ $ 58.2 $ 57.3 $ 79.9 $ 66.8 $ 52.1 $ 53.1 $ 42.3 ====== ====== ====== ====== ====== ====== ====== Ratios of Earnings to Fixed Charges......... (A) 2.1 2.2 2.0 3.8 3.6 3.8 ====== ====== ====== ====== ====== ====== ======
-------- (A)Quorum's earnings were insufficient to cover fixed charges by $45.8 million for the nine months ended March 31, 2001 2