EX-12.1 2 ex12-1.htm EXHIBIT 12.1 ex12-1.htm
Exhibit 12.1
 
Kimco Realty Corporation and Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
For the three months ended March 31, 2013
 
 
 
Pretax earnings from continuing operations before adjustment for noncontrolling interests or income loss from equity investees
  $ 25,158,409  
         
         
Add:
        
Interest on indebtedness (excluding capitalized interest)
     54,027,945  
Amortization of debt related expenses
     1,826,860  
Portion of rents representative of the interest factor
     1,784,075  
      82,797,289  
         
Distributed income from equity investees
     43,320,920  
         
Pretax earnings from continuing operations, as adjusted
   $ 126,118,209  
         
         
Fixed charges -
        
Interest on indebtedness (including capitalized interest)
   $ 54,247,410  
Amortization of debt related expenses
     675,449  
Portion of rents representative of the interest factor
     1,784,075  
         
Fixed charges
   $ 56,706,934  
         
Ratio of earnings to fixed charges
     2.2