EX-12.1 2 exh12_1.htm EXHIBIT 12.1 Exhibit 12.1
Exhibit 12.1



Equity One, Inc.
Ratio of Earnings to Fixed Changes
For the six months ended June 30, 2005

Net income
    
$ 46,933
  
         
Adjustments:
        
Minority interest
96
      
Income from discontinued operations
(14,642
)
    
Distributed income of equity investees
-
  
(14,546
)
         
Fixed Charges:
        
Interest expense
22,740
      
Capitalized interest
1,423
      
Amortization of premium
2,621
      
Amortization of deferred financing fees
719
  
27,503
  
         
Less: interest capitalized
(1,423
)
(1,423
)
         
Earnings, as defined
    
$ 58,467
  
Divide by fixed charges
    
$ 27,503
  
Ratio of earnings to fixed charges
    
2.13