EX-12 2 g64930ex12.txt COMPUTATION OF RATIO OF EARNINGS 1 EXHIBIT 12 HCA -- THE HEALTHCARE COMPANY COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES FOR THE QUARTERS AND NINE MONTHS ENDED SEPTEMBER 30, 2000 AND 1999 (DOLLARS IN MILLIONS)
QUARTER NINE MONTHS ----------- ------------- 2000 1999 2000 1999 ---- ---- ---- ------ EARNINGS: Income before minority interests and income taxes........... $319 $247 $496 $1,065 Fixed charges, excluding capitalized interest............... 173 147 479 435 ---- ---- ---- ------ $492 $394 $975 $1,500 ==== ==== ==== ====== FIXED CHARGES: Interest charged to expense................................. $147 $122 $402 $ 351 Interest portion of rental expense and amortization of deferred loan costs....................................... 26 25 77 84 ---- ---- ---- ------ Fixed charges, excluding capitalized interest............... 173 147 479 435 Capitalized interest........................................ 6 5 17 16 ---- ---- ---- ------ $179 $152 $496 $ 451 ==== ==== ==== ====== Ratio of earnings to fixed charges.......................... 2.75 2.59 1.97 3.33