EX-12.1 3 ex12-1.txt
Exhibit 12.1 Hospitality Properties Trust Computation of Ratio of Earnings to Fixed Charges (in thousands, except ratio amounts) Six Months Ended June 30, Year Ended December 31, ----------------------- -------------------------------------- 2001 2000 2000 1999 1998 ---- ---- ---- ---- ---- Net Income $ 61,516 $ 59,839 $126,271 $111,929 $ 87,982 Fixed charges 20,706 17,809 37,682 37,352 21,751 -------- -------- -------- -------- -------- Adjusted earnings $ 82,222 $ 77,648 $163,953 $149,281 $109,733 ======== ======== ======== ======== ======== Fixed Charges: Interest on indebtedness and amortization of deferred finance costs $ 20,706 $ 17,809 $ 37,682 $ 37,352 $ 21,751 -------- -------- -------- -------- -------- Total fixed charges $ 20,706 $ 17,809 $ 37,682 $ 37,352 $ 21,751 ======== ======== ======== ======== ======== Ratio of Earnings to Fixed Charges 3.97x 4.36x 4.35x 4.00x 5.04x ======== ======== ======== ======== ========