EX-12 2 0002.txt RATIO OF EARNINGS TO FIXED CHARGES EXHIBIT 12 PRIME MEDICAL SERVICES, INC. AND SUBSIDIARIES COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES FOR THE SIX MONTHS ENDED JUNE 30, 2000 AND 1999 (Unaudited) ($ in thousands) Six Months Ended June 30, 2000 1999 ------- ------- Income before income taxes and after minority interest $10,637 $12,440 Undistributed equity income (42) (4) Minority interest income of subsidiaries with fixed charges 5,709 1,278 ------- ------- Adjusted earnings 16,304 13,714 ------- ------- Interest on debt 5,004 4,654 Loan fees 107 - ------- ------- Total fixed charges 5,111 4,654 ------- ------- Total available earnings before fixed charges $21,415 $18,368 ======= ======= Ratio 4.2 3.9 ======= =======