EX-12.1 8 a2196416zex-12_1.htm EXHIBIT 12.1

Exhibit 12.1

 

Senior Housing Properties Trust

Computation of Ratio of Earnings to Fixed Charges

(dollars in thousands)

 

 

 

Year Ended December 31,

 

 

 

2009

 

2008

 

2007

 

2006

 

2005

 

Earnings

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

109,715

 

$

106,511

 

$

85,303

 

$

66,101

 

$

63,912

 

Fixed charges

 

56,404

 

40,154

 

37,755

 

47,020

 

46,633

 

Adjusted earnings

 

$

166,119

 

$

146,665

 

$

123,058

 

$

113,121

 

$

110,545

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges

 

 

 

 

 

 

 

 

 

 

 

Interest expense

 

$

56,404

 

$

40,154

 

$

37,755

 

$

47,020

 

$

46,633

 

Ratio of earnings to fixed charges

 

2.9x

 

3.7x

 

3.3x

 

2.4x

 

2.4x