EX-12.1 6 d16962exv12w1.htm STATEMENT REGARDING COMPUTATION OF RATIOS exv12w1
 

FelCor Lodging Trust Incorporated/FelCor Lodging Limited Partnership

Computation of Ratio of Earnings To Fixed Charges

                                                 
    1999
   2000
   2001
   2002
   2003
   Q1 04
                    (amounts in thousands)                
Pre-tax income (loss) from continuing operations before adjustment for minority interests in consolidated subsidiaries or income or loss from equity investees
     115,219       47,832       (60,322 )     (87,077 )     (312,435 )     (23,182 )
Fixed charges:
                                                
The sum of interest expensed and capitalized, amortized premiums, discounts and capitalized expenses related to indebetedness
     130,685       159,700       159,982       165,130       167,949       41,878  
Amortization of capitalized interest
     1,109       1,200       1,269       1,225       1,191       325  
Distributed income of equity investees
     19,581       25,358       8,132       11,310       8,848       1,526  
Interest capitalized
     (5,249 )     (1,080 )     (811 )     (775 )     (588 )     (34 )
 
    
 		      
 		      
 		      
 		      
 		      
 		  
Earnings
     261,345       233,010       108,250       89,813       (135,035 )     20,513  
 
    
 		      
 		      
 		      
 		      
 		      
 		  
Fixed charges
     130,685       159,700       159,982       165,130       167,949       41,878  
Ratio of Earnings to Fixed Charges
     2.0       1.5       0.7       0.5       (0.8 )     0.5  
Deficiency
                     51,732       75,317       302,984       21,365