EX-12.1 3 a05-17963_1ex12d1.htm STATEMENTS REGARDING COMPUTATION OF RATIOS

Exhibit 12.1

 

SENIOR HOUSING PROPERTIES TRUST

 

Computation of Ratio of Earnings to Fixed Charges

(dollars in thousands)

 

 

 

Nine Months Ended
September 30,

 

Year Ended December 31,

 

 

 

2005

 

2004

 

2004

 

2003

 

2002

 

2001

 

2000

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

43,019

 

$

40,229

 

$

56,742

 

$

45,874

 

$

50,184

 

$

17,018

 

$

58,437

 

Fixed charges

 

34,585

 

30,910

 

41,836

 

37,899

 

30,210

 

7,334

 

15,366

 

Adjusted earnings

 

$

77,604

 

$

71,139

 

$

98,578

 

$

83,773

 

$

80,394

 

$

24,352

 

$

73,803

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense

 

$

34,585

 

$

30,910

 

$

41,836

 

$

37,899

 

$

30,210

 

$

7,334

 

$

15,366

 

Ratio of earnings to fixed charges

 

2.2

x

2.3

x

2.4

x

2.2

x

2.7

x

3.3

x

4.8

x