EX-12.1 8 a2208321zex-12_1.htm EX-12.1
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Exhibit 12.1

Statement Regarding Computation of Ratio of Earnings to Fixed Charges
Radiation Therapy Services Holdings, Inc.

 
  Predecessor   Successor  
 
  Year Ended
December 31,
2007
  Period From
January 1 to
February 21,
2008
  Period From
February 22 to
December 31,
2008
  Year Ended
December 31,
2009
  Year Ended
December 31,
2010
  Year Ended
December 31,
2011
 

Pre-tax income before before adjustment for noncontrolling interests in consolidated subsidiaries

    42,644     (10,283 )   (4,266 )   (6,713 )   (126,600 )   (375,248 )

(Income)Loss from equity investees

    46     (39 )   118     (880 )   (1,001 )   1,036  

Distributed income of equity investees

                301     1,007     633  

Noncontrolling interest in pre-tax income of subsidiaries that have not incurred fixed charges

    (1,211 )   (19 )   (2,483 )   (1,835 )   (1,698 )   (3,558 )

Fixed Charges

    21,298     4,981     57,070     65,137     62,490     65,656  
                           

Earnings

    62,777     (5,360 )   50,439     56,010     (65,802 )   (311,481 )
                           

Interest expense

    20,250     4,783     55,863     63,119     59,098     61,212  

An estimate of the interest within rental expense

    1,048     198     1,207     2,018     3,392     4,444  
                           

Fixed Charges

    21,298     4,981     57,070     65,137     62,490     65,656  
                           

Ratio of earnings to fixed charges

    2.95                      
                           

Deficiency to cover charges(2)

        10,341     6,631     9,127     128,292     377,137  
                           

(1)
For purposes of computing the ratio of earnings to fixed charges, earnings consist of income (loss) before provision for income taxes plus fixed charges. Fixed charges consist of interest expense on all indebtness including amortization of deferred financing costs and the portion of operating lease rental expense that is representative of the interest factor.

(2)
Coverage deficiency represents the amount by which earnings were insufficient to cover fixed charges.



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Statement Regarding Computation of Ratio of Earnings to Fixed Charges Radiation Therapy Services Holdings, Inc.