EX-12.1 4 dex121.htm STATEMENTS RE COMPUTATION OF RATIOS Statements re computation of ratios

Exhibit 12.1

Universal Health Services, Inc. and Subsidiaries

Computation of Ratio of Earnings to Fixed Charges

(Dollar amounts in thousands)

 

     3 months ended
March 31
   12 months ended December 31
     2008    2007    2007    2006    2005    2004    2003

Earnings

                    

Income from continuing operations before minority interest and taxes

   113,552    94,877    318,430    458,710    197,789    272,465    319,462

Fixed charges

   21,655    20,383    84,768    58,474    54,507    60,877    55,011

Amortization of capitalized interest

   243    221    885    885    885    727    461
                                  
   135,449    115,482    404,083    518,070    253,181    334,069    374,935

Fixed Charges

                    

Interest expense

   13,479    12,722    51,626    32,558    32,933    38,131    32,876

Capitalized interest

   1,962    1,995    9,229    3,403    0    1,539    3,648

Interest portion of lease/rental expense

   5,883    5,387    22,728    21,332    20,243    20,282    17,541

Amortization of debt issuance costs

   330    280    1,184    1,181    1,331    925    947
                                  
   21,655    20,383    84,768    58,474    54,507    60,877    55,011

Fixed charge coverage ratio

   6.3    5.7    4.8    8.9    4.6    5.5    6.8