EX-12.1 259 a2204534zex-12_1.htm EX-12.1

Exhibit 12.1

 

Emergency Medical Services, L.P.

Computation of Ratio of Earnings to Fixed Charges

(dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

Period

 

Period

 

 

 

 

 

 

 

 

 

 

 

 

 

from

 

from

 

 

 

 

 

 

 

 

 

 

 

 

 

1-Jan

 

May 25,

 

 

 

 

 

 

 

 

 

 

 

 

 

through

 

through

 

 

 

Year ended December 31,

 

May 24,

 

June 30,

 

 

 

2006

 

2007

 

2008

 

2009

 

2010

 

2011

 

2011

 

Net income

 

39,071

 

59,818

 

84,847

 

115,239

 

131,724

 

20,668

 

5,826

 

Tax expense

 

24,961

 

36,104

 

52,530

 

65,685

 

79,126

 

19,242

 

4,158

 

Pre-tax income

 

64,032

 

95,922

 

137,377

 

180,924

 

210,850

 

39,910

 

9,984

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense and amortization of debt issue costs

 

45,605

 

46,948

 

42,087

 

40,996

 

22,912

 

7,886

 

17,950

 

Rentals - 25%

 

9,140

 

9,257

 

9,711

 

9,718

 

10,232

 

4,148

 

1,081

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total fixed charges

 

54,745

 

56,205

 

51,798

 

50,714

 

33,144

 

12,034

 

19,031

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-tax income plus total fixed charges

 

118,777

 

152,127

 

189,175

 

231,638

 

243,994

 

51,944

 

29,015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

0.46

 

0.37

 

0.27

 

0.22

 

0.14

 

0.23

 

0.66