EX-12.1 2 vtr-ex121_2013930.htm RATIO OF EARNINGS TO FIXED CHARGES VTR-EX12.1_2013.9.30


Exhibit 12.1

STATEMENT REGARDING COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
 
 
 
(dollars in thousands)
 
For the Nine Months Ended September 30, 2013
Income before income from unconsolidated entities, income taxes, discontinued operations and noncontrolling interest
 
$
366,276

Interest expense
 
 
Senior notes payable and other debt
 
245,622

Distributions from unconsolidated entities
 
5,680

Earnings
 
$
617,578

Interest
 
 
Senior notes payable and other debt expense
 
$
245,622

Interest capitalized
 
697

Fixed charges
 
$
246,319

 
 
 
Ratio of Earnings to Fixed Charges
 
2.51