Prepared by MERRILL CORPORATION

EX-12.1 6 a2064673zex-12_1.htm EXHIBIT 12.1 Prepared by MERRILL CORPORATION
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Exhibit 12.1

TENET HEALTHCARE CORPORATION
STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)

		Year Ended May 31,											Three Months Ended August 31,
		1997		1998		1999			2000		2001		2000			2001
Income from continuing operations before income taxes		$	26	$	647	$	474		$	618	$	1,142	$	257		$	382
Less: Equity in earnings of unconsolidated affiliates			1		5		(3	)		8		11		2			2
Add:
	Cash dividends received from unconsolidated affiliates		5		4		4			8		4		(1	)		1
	Portion of rents representative of interest		79		89		91			90		74		19			19
	Interest, net of capitalized portion		417		464		485			479		456		123			97
	Amortization of previously capitalized interest		4		5		5			6		6		2			2

Income, as adjusted			530		1,204		1,062			1,193		1,671		398			499

Fixed charges:
Interest, net of capitalized portion			417		464		485			479		456		123			97
Capitalized interest			12		16		20			29		8		2			3
Portion of rents representative of interest			79		89		91			90		74		19			19

Total fixed charges		$	508	$	569	$	596		$	598	$	538	$	144		$	119

Ratio of earnings to fixed charges:			1.0x		2.1x		1.8x			2.0x		3.1x		2.8x			4.2x