EX-12.2 3 g06235a1exv12w2.htm EX-12.2 RATIO OF EARNINGS TO FIXED CHARGES EX-12.2
 

Exhibit 12.2
National Health Realty
Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)
                                 
    Three Months Ended March 31     Year Ended December 31  
    2007     2006     2006     2005  
 
                        
Earnings:
                                
Pretax income
   $ 2,943     $ 3,103     $ 12,407     $ 11,277  
Minority interest adjustment
   359       378       1,512       1,376  
Equity earnings adjustment
     (1 )     81       53       —  
Add fixed charges
     138       149       604       721  
Add distributed income of equity investees
     —       —       89       —  
 
                        
Total Earnings Available for Fixed Charges
   $ 3,439     $ 3,711     $ 14,665     $ 13,374  
 
                        
 
                
Fixed charges:
                
Interest expensed
   $ 138     $ 149     $ 604     $ 721  
 
                        
Total fixed charges
   $ 138     $ 149     $ 604     $ 721  
 
                        
 
                
Ratio of Earnings to Fixed Charges
     24.9x       24.9x       24.3×       18.5×