EX-12.2 8 exh12-2.txt Exhibit 12.2
Hospitality Properties Trust Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Distributions (in thousands, except ratio amounts) Nine Months Ended September 30, Year Ended December 31, ------------------------- ------------------------------------------------------------------- 2002 2001 2001 2000 1999 1998 1997 ---- ---- ---- ---- ---- ---- ---- Net income before extraordinary item $105,066 $ 94,790 $131,956 $126,271 $111,929 $87,982 $59,153 Fixed charges 32,005 31,248 41,312 37,682 37,352 21,751 15,534 ---------- ----------- ---------- ---------- ---------- ---------- --------- Adjusted earnings $137,071 $126,038 $173,268 $163,953 $149,281 $109,733 $74,687 ========== =========== ========== ========== ========== ========== ========= Fixed Charges and Preferred Distributions: Interest on indebtedness and amortization of deferred finance costs $32,005 $31,248 $41,312 $37,682 $37,352 $21,751 $15,534 Preferred distributions 5,344 5,344 7,125 7,125 5,106 -- -- ---------- ----------- ---------- ---------- ---------- ---------- --------- Combined Fixed Charges and Preferred Distributions $37,349 $36,592 $48,437 $44,807 $42,458 $21,751 $15,534 ========== =========== ========== ========== ========== ========== ========= Ratio of Earnings to Combined Fixed Charges and Preferred Distributions 3.67x 3.44x 3.58x 3.66x 3.52x 5.04x 4.81x ========== =========== ========== ========== ========== ========== =========