EX-12.1 3 dex121.htm COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES Computation of Ratios of Earnings to Fixed Charges

Triad Hospitals, Inc

   Exhibit 12.1

Computation of Ratios of Earnings to Fixed Charges

    

 

     For the Years Ended December 31,

 
     2003

   2002

   2001

   2000

   1999

 

Earnings:

                                    

Income (loss) from continuing operations before minority interests and income taxes

   $ 173.1    $ 249.0    $ 50.8    $ 16.5    $ (131.0 )

Fixed charges, exclusive of capitalized interest

     156.8      156.6      144.0      72.2      78.6  
    

  

  

  

  


Income (loss) as adjusted

   $ 329.9    $ 405.6    $ 194.8    $ 88.7    $ (52.4 )
    

  

  

  

  


Fixed Charges:

                                    

Interest charged to expense

   $ 133.8    $ 136.7    $ 127.6    $ 62.2    $ 67.7  

Portion of rents representative of interest

     23.0      19.9      16.4      10.0      10.9  
    

  

  

  

  


       156.8      156.6      144.0      72.2      78.6  

Interest expense included in cost of plant construction

     1.8      4.6      4.6      1.7      —    
    

  

  

  

  


     $ 158.6    $ 161.2    $ 148.6    $ 73.9    $ 78.6  
    

  

  

  

  


Ratios of Earnings to Fixed Charges

     2.1      2.5      1.3      1.2      (A)  
    

  

  

  

  


 

(A) Triad’s earnings were insufficient to cover fixed charges by $131.0 million for the year ended December 31, 1999.