EX-12.1 6 a2039288zex-12_1.txt EXHIBIT 12.1
EXHIBIT 12.1 HRPT PROPERTIES TRUST COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (Dollars in thousands, except ratio amounts) Nine Months Ended September 30, Year Ended December 31, -------------------------- ----------------------------------------------------------------- 2000 1999 1999 1998 1997 1996 1995 ------------ ------------- ------------- ------------ ----------- ------------- ------------ Income before gain on sale of properties and extraordinary item $79,728 $92,560 $105,555 $146,656 $112,204 $77,164 $61,760 Fixed charges 79,041 65,372 90,772 66,253 38,564 23,279 26,218 ------------ ------------- ------------- ------------ ----------- ------------- ------------ Adjusted Earnings $158,769 $157,932 $196,327 $212,909 $150,768 $100,443 $87,978 ============ ============= ============= ============ =========== ============= ============ Fixed Charges: Interest expense $75,849 $63,013 $87,470 $64,326 $36,766 $22,545 $24,274 Amortization of deferred financing costs 3,192 2,359 3,302 1,927 1,798 734 1,944 ------------ ------------- ------------- ------------ ----------- ------------- ------------ Total Fixed Charges $79,041 $65,372 $90,772 $66,253 $38,564 $23,279 $26,218 ============ ============= ============= ============ =========== ============= ============ Ratio of Earnings to Fixed Charges 2.0x 2.4x 2.2x 3.2x 3.9x 4.3x 3.4x ============ ============= ============= ============ =========== ============= ============