EX-12.1 4 a06-1932_1ex12d1.htm STATEMENTS REGARDING COMPUTATION OF RATIOS

Exhibit 12.1

 

Senior Housing Properties Trust

Computation of Ratio of Earnings to Fixed Charges

(dollars in thousands)

 

 

 

Year Ended December 31,

 

 

 

2005

 

2004

 

2003

 

2002

 

2001

 

Earnings

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

58,705

 

$

56,742

 

$

45,874

 

$

50,184

 

$

17,018

 

Fixed charges

 

46,633

 

41,836

 

37,899

 

30,210

 

7,334

 

Adjusted earnings

 

$

103,338

 

$

98,578

 

$

83,773

 

$

80,394

 

$

24,352

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges

 

 

 

 

 

 

 

 

 

 

 

Interest expense

 

$

46,633

 

$

41,836

 

$

37,899

 

$

30,210

 

$

7,334

 

Ratio of earnings to fixed charges

 

2.2

x

2.4

x

2.2

x

2.7

x

3.3

x