EX-12.1 128 dex121.htm COMPUTATION OF EARNINGS TO FIXED CHARGES Computation of Earnings to Fixed Charges

Exhibit 12.1

Team Health, Inc.

Computation of Earnings to fixed charges

All figures $’000, except coverage ratios

 

     2001     2002    2003     2004     2005

Earnings:

           

Earnings (loss) before income taxes

   $ (2,804 )   $ 9,152    $ (6,929 )   $ (52,088 )   $ 10,356

Fixed Charges

     22,739       23,906      23,343       28,949       29,981
                                     

Earnings (loss) before income taxes and fixes charges

   $ 19,935     $ 33,058    $ 16,414     $ (23,139 )   $ 40,337

Fixed Charges:

           

Interest Expense

   $ 22,739     $ 23,096    $ 23,343     $ 28,949     $ 29,981

Ratio of interest to fixed charges

     (a )     1.4      (a )     (a )     1.3

(a) Earnings for the years ended December 31, 2001, December 31, 2003, and December 31, 2004 were inadequate to cover fixed charges with a deficiency of $2.8 million, $6.9 million, and $52.1 million, respectively.