EX-12.1 381 c64208exv12w1.htm EX-12.1 exv12w1
Exhibit 12.1
AVIV REIT, INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
                                         
    Year Ended December 31,
    2006   2007   2008   2009   2010
     
Earnings:
                                        
Net income
     12,787,504       16,398,464       16,874,193       33,680,631       37,982,720  
Add:
                                        
Fixed Charges
     18,294,431       24,693,818       26,869,721       27,373,757       23,787,960  
     
Earnings, as adjusted (A)
     31,081,935       41,092,282       43,743,914       61,054,388       61,770,680  
     
 
                                        
Fixed charges:
                                        
Interest expensed and capitalized
     15,941,839       24,254,399       26,333,101       26,823,430       22,779,901  
Amortized premiums discounts and capitalized expenses related to indebtedness
     2,352,592       439,419       536,620       550,327       1,008,059  
     
Fixed charges, as adjusted (B)
     18,294,431       24,693,818       26,869,721       27,373,757       23,787,960  
     
 
                                        
Ratio of earnings to fixed charges ((A) divided by (B)):
     1.70 x     1.66 x     1.63 x     2.23 x     2.60 x