EX-12.1 2 a06-21591_1ex12d1.htm EX-12

EXHIBIT 12.1

Hospitality Properties Trust

Computation of Ratio of Earnings to Fixed Charges

(in thousands, except ratio amounts)

 

 

Nine Months Ended
September 30,

 

Year Ended December 31,

 

 

 

2006

 

2005

 

2005

 

2004

 

2003

 

2002

 

2001

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income

 

$

107,173

 

$

81,702

 

$

129,903

 

$

127,091

 

$

238,213

 

$

142,202

 

$

131,956

 

Fixed Charges

 

60,951

 

49,076

 

65,263

 

50,393

 

44,536

 

42,424

 

41,312

 

Adjusted Earnings

 

$

168,124

 

$

130,778

 

$

195,166

 

$

177,484

 

$

282,749

 

$

184,626

 

$

173,268

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest on indebtedness and amortization of deferred finance costs

 

$

60,951

 

$

49,076

 

$

65,263

 

$

50,393

 

$

44,536

 

$

42,424

 

$

41,312

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of Earnings to Fixed Charges

 

2.76

x

2.66

x

2.99

x

3.52

x

6.35

x

4.35

x

4.19

x