EX-12.2 8 hpt-20151231ex12262c118.htm EX-12.2 Ex12-2

EXHIBIT 12.2

Hospitality Properties Trust

Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Distributions

(in thousands, except ratio amounts)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

2015

 

2014

 

2013

 

2012

 

2011

 

Income from continuing operations (including gains on sales of properties, if any) before income tax expense equity in earnings (losses) of investee

    

$
167,963

    

$
199,036

    

$
127,750

    

$
153,219

    

$
191,803

 

Fixed Charges

 

 
144,898

 

 
139,486

 

 
145,954

 

 
136,111

 

 
134,110

 

Adjusted Earnings

 

$
312,861

 

$
338,522

 

$
273,704

 

$
289,330

 

$
325,913

 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest on indebtedness and amortization of deferred finance costs and debt discounts

 

$
144,898

 

$
139,486

 

$
145,954

 

$
136,111

 

$
134,110

 

Preferred distributions

 

 
20,664

 

 
20,664

 

 
26,559

 

 
40,145

 

 
29,880

 

Combined Fixed Charges and preferred distributions

 

$
165,562

 

$
160,150

 

$
172,513

 

$
176,256

 

$
163,990

 

Ratio of Earnings to Fixed Charges and Preferred distributions

 

 

1.89x

 

 

2.11x

 

 

1.59x

 

 

1.64x

 

 

1.99x