EX-12.1 17 dex121.txt STATEMENT REGARDING COMPUTATION OF RATIOS Exhibit 12.1 RATIO OF EARNINGS TO FIXED CHARGES WYNDHAM INTERNATIONAL, INC. (in thousands)
Year Year Year Year Year Ended Ended Ended Ended Ended 12/31/01 12/31/00 12/31/99 12/31/98 12/31/97 -------- -------- -------- -------- -------- Earnings: Income (loss) before income taxes, mi, ea,ac (213,116) (523,014) (491,335) (112,508) $ 4,142 Add back: fixed charges 312,377 375,025 360,137 272,215 53,093 ----------- ------------ ------------- --------------- ----------------- $ 99,261 $(147,989) $ (131,198) $ 159,707 $ 57,235 =========== ============ ============= =============== ================= Fixed Charges: Interest expense, including amort of DLC 308,525 371,855 353,227 260,103 $ 50,531 Capitalized interest 3,852 3,170 6,910 12,112 2,562 ----------- ------------ ------------- --------------- ----------------- $ 312,377 $ 375,025 $ 360,137 $ 272,215 $ 53,093 =========== ============ ============= =============== ================= Ratio: 0.32 (0.39) (0.36) 0.59 1.08 =========== ============ ============= =============== ================= Deficiency of earnings to fixed ratio $ 213,116 $ 523,014 $ 491,335 $ 112,508 1.00 1.00 1.00 1.00