Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - COMMUNITY HEALTH SYSTEMS INC | g22179e10vk.htm |
| EX-21 - EX-21 - COMMUNITY HEALTH SYSTEMS INC | g22179exv21.htm |
| EX-23.1 - EX-23.1 - COMMUNITY HEALTH SYSTEMS INC | g22179exv23w1.htm |
| EX-31.2 - EX-31.2 - COMMUNITY HEALTH SYSTEMS INC | g22179exv31w2.htm |
| EX-31.1 - EX-31.1 - COMMUNITY HEALTH SYSTEMS INC | g22179exv31w1.htm |
| EX-32.1 - EX-32.1 - COMMUNITY HEALTH SYSTEMS INC | g22179exv32w1.htm |
| EX-4.19 - EX-4.19 - COMMUNITY HEALTH SYSTEMS INC | g22179exv4w19.htm |
| EX-32.2 - EX-32.2 - COMMUNITY HEALTH SYSTEMS INC | g22179exv32w2.htm |
| EX-10.15 - EX-10.15 - COMMUNITY HEALTH SYSTEMS INC | g22179exv10w15.htm |
| EX-10.19 - EX-10.19 - COMMUNITY HEALTH SYSTEMS INC | g22179exv10w19.htm |
Exhibit 12
STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(DOLLARS IN THOUSANDS)
(DOLLARS IN THOUSANDS)
| Year Ended December 31, | ||||||||||||||||||||
| 2005 | 2006 | 2007 | 2008 | 2009 | ||||||||||||||||
Earnings |
||||||||||||||||||||
Income from continuing operations
before provision for income taxes and
extraordinary item |
$ | 308,174 | $ | 287,847 | $ | 107,291 | $ | 359,000 | $ | 446,130 | ||||||||||
Income from equity investees (1) |
— | — | (25,132 | ) | (42,063 | ) | (36,521 | ) | ||||||||||||
Distributed income from equity investees |
— | — | 19,902 | 32,897 | 33,705 | |||||||||||||||
Interest and amortization of deferred
finance costs |
87,185 | 94,411 | 362,065 | 652,468 | 648,964 | |||||||||||||||
Amortization of capitalized interest |
494 | 567 | 881 | 1,469 | 2,024 | |||||||||||||||
Implicit rental interest expense |
20,564 | 22,986 | 38,424 | 57,792 | 61,783 | |||||||||||||||
Total Earnings |
$ | 416,417 | $ | 405,811 | $ | 503,431 | $ | 1,061,563 | $ | 1,156,085 | ||||||||||
Fixed Charges |
||||||||||||||||||||
Interest and amortization of deferred
finance costs |
$ | 87,185 | $ | 94,411 | $ | 362,065 | $ | 652,468 | $ | 648,964 | ||||||||||
Capitalized interest |
2,144 | 2,955 | 19,009 | 22,147 | 16,695 | |||||||||||||||
Implicit rental interest expense |
20,564 | 22,986 | 38,424 | 57,792 | 61,783 | |||||||||||||||
Total fixed charges |
$ | 109,893 | $ | 120,352 | $ | 419,498 | $ | 732,407 | $ | 727,442 | ||||||||||
Ratio of earnings to fixed charges |
3.79 | x | 3.37 | x | 1.20 | x | 1.45 | x | 1.59 | x | ||||||||||
| (1) | The Company recognized an immaterial amount of income from equity investees prior to 2007. |