EX-12.1 4 file003.txt COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES EXHIBIT 12.1 FAIRFIELD INN BY MARRIOTT LIMITED PARTNERSHIP COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (in thousands, except ratios)
YTD YTD 15-Jun 16-Jun FYE FYE FYE FYE FYE 2001 2000 2000 1999 1998 1997 1996 -------- -------- -------- -------- -------- -------- -------- Income (Loss) from continuing operations $ (3,810) $ (4,096) $(14,774) $ (8,552) $(12,999) $ (1,411) $ 1,420 Add: Fixed charges 6,405 6,683 14,361 14,489 14,726 15,258 17,540 -------- -------- -------- -------- -------- -------- -------- Adjusted earnings $ 2,595 $ 2,587 $ (413) $ 5,937 $ 1,727 $ 13,847 $ 18,960 ======== ======== ======== ======== ======== ======== ======== Fixed charges Interest on indebtedness and amortization of deferred financing costs $ 5,889 $ 6,154 $ 13,238 $ 13,528 $ 13,792 $ 14,335 $ 16,645 Portion of rents representative of interest factor 516 529 1,123 961 934 923 895 -------- -------- -------- -------- -------- -------- -------- Total fixed charges $ 6,405 $ 6,683 $ 14,361 $ 14,489 $ 14,726 $ 15,258 $ 17,540 ======== ======== ======== ======== ======== ======== ======== Ratio of earnings to fixed charges -- -- -- -- -- -- 1.1 Deficiency of earnings to fixed charges $ 3,810 $ 4,096 $ 14,774 $ 8,552 $ 12,999 $ 1,411 $ --