EX-12 10 ex12.txt STATEMENT RE COMPUTATION OF EARNINGS 1 EXHIBIT 12 HCA -- THE HEALTHCARE COMPANY COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES FOR THE QUARTERS AND SIX MONTHS ENDED JUNE 30, 2000 AND 1999 (DOLLARS IN MILLIONS)
QUARTER SIX MONTHS ------------- -------------- 2000 1999 2000 1999 ----- ----- ----- ------ EARNINGS: Income (loss) before minority interests and income taxes.... $(341) $ 234 $ 177 $ 818 Fixed charges, excluding capitalized interest............... 162 146 306 288 ----- ----- ----- ------ $(179) $ 380 $ 483 $1,106 ===== ===== ===== ====== FIXED CHARGES: Interest charged to expense................................. $ 136 $ 118 $ 255 $ 229 Interest portion of rental expense and amortization of deferred loan costs....................................... 26 28 51 59 ----- ----- ----- ------ Fixed charges, excluding capitalized interest............... 162 146 306 288 Capitalized interest........................................ 6 5 11 11 ----- ----- ----- ------ $ 168 $ 151 $ 317 $ 299 ===== ===== ===== ====== Ratio of earnings to fixed charges.......................... (A) 2.51 1.52 3.70
--------------- (A) For the quarter ended June 30, 2000, earnings are inadequate to cover fixed charges by $347 million.