EX-12 3 g67490ex12.txt STATEMENTS RE COMPUTATION OF RATIO OF EARNINGS 1 EXHIBIT 12 HCA -- THE HEALTHCARE COMPANY COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (UNAUDITED) (DOLLARS IN MILLIONS)
YEARS ENDED DECEMBER 31, ------------------------------------------ 2000 1999 1998 1997 1996 ------ ------ ------ ------ ------ EARNINGS: Income from continuing operations before minority interests and income taxes....................... $ 600 $1,284 $1,151 $ 538 $2,583 Fixed charges, exclusive of capitalized interest.... 663 581 695 629 616 ------ ------ ------ ------ ------ $1,263 $1,865 $1,846 $1,167 $3,199 ====== ====== ====== ====== ====== FIXED CHARGES: Interest charged to expense......................... $ 559 $ 471 $ 561 $ 493 $ 488 Interest portion of rental expense.................. 104 110 134 136 128 ------ ------ ------ ------ ------ Fixed charges, exclusive of capitalized interest.... 663 581 695 629 616 Capitalized interest................................ 21 19 21 15 25 ------ ------ ------ ------ ------ $ 684 $ 600 $ 716 $ 644 $ 641 ====== ====== ====== ====== ====== Ratio of earnings to fixed charges.................. 1.85 3.11 2.58 1.81 4.99 ====== ====== ====== ====== ======