EX-12.1 3 lpnt-20171231xex12_1.htm EX-12.1 EX 12.1

Exhibit 12.1



LIFEPOINT HEALTH, INC.

COMPUTATIONS OF RATIOS OF EARNINGS TO FIXED CHARGES

(Unaudited)



(Dollars in Millions)



___________



 

 

 

 

 

 

 

 

 

 

 

 

 

 



Years Ended December 31,



2017

 

2016

 

2015

 

2014

 

2013

EARNINGS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income before income taxes

$

 159.8 

 

$

 204.8 

 

$

 302.5 

 

$

 203.0 

 

$

 211.9 

Fixed charges, exclusive of capitalized interest

 

 172.1 

 

 

 172.5 

 

 

 132.5 

 

 

 138.7 

 

 

 110.6 

TOTAL EARNINGS

$

 331.9 

 

$

 377.3 

 

$

 435.0 

 

$

 341.7 

 

$

 322.5 

FIXED CHARGES

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest charged to expense (a)

 

 148.8 

 

 

 149.3 

 

 

 114.8 

 

 

 123.5 

 

 

 98.4 

Interest portion of rental expense

 

 23.3 

 

 

 23.2 

 

 

 17.7 

 

 

 15.2 

 

 

 12.2 

Fixed charges, exclusive of capitalized interest

 

 172.1 

 

 

 172.5 

 

 

 132.5 

 

 

 138.7 

 

 

 110.6 

Capitalized interest

 

 8.2 

 

 

 5.1 

 

 

 2.2 

 

 

 1.0 

 

 

 1.4 

TOTAL FIXED CHARGES

$

 180.3 

 

$

 177.6 

 

$

 134.7 

 

$

 139.7 

 

$

 112.0 

RATIO OF EARNINGS TO FIXED CHARGES

 

 1.84 

 

 

 2.12 

 

 

 3.23 

 

 

 2.45 

 

 

 2.88 

__________

(a)  – Excluding interest income.