American Renal Holdings Inc. - FORM 10-K - EX-12.1 - STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - March 31, 2011

Attached files

file filename
10-K - FORM 10-K - American Renal Holdings Inc.d10k.htm
EX-3.3 - CERTIFICATE OF FORMATION OF C.P. ATLAS INTERMEDIATE HOLDINGS, LLC - American Renal Holdings Inc.dex33.htm
EX-3.29 - AMENDED AND RESTATED CERTIFICATE OF INCORPORATION OF C.P. ATLAS HOLDINGS, INC. - American Renal Holdings Inc.dex329.htm
EX-3.30 - CERTIFICATE OF AMENDMENT TO THE CERTIFICATE OF INCORPORATION - American Renal Holdings Inc.dex330.htm
EX-32.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 906 - American Renal Holdings Inc.dex322.htm
EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 - American Renal Holdings Inc.dex312.htm
EX-3.31 - CERTIFICATE OF AMENDMENT TO THE CERTIFICATE OF INCORPORATION - American Renal Holdings Inc.dex331.htm
EX-32.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 906 - American Renal Holdings Inc.dex321.htm
EX-3.28 - CERTIFICATE OF INCORPORATION OF C.P. ATLAS HOLDINGS, INC. - American Renal Holdings Inc.dex328.htm
EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 - American Renal Holdings Inc.dex311.htm

Exhibit 12.1

 

     Predecessor Entity     Successor
Entity		  
     Year Ended December 31,     For the
period from
January 1,
2010
through
May 7, 2010		     For the
period from
May 8, 2010
through
September 30,
2010		  
     2006     2007     2008     2009      

Earnings adjusted for fixed charges:

             

Income from operations before income taxes

    $ 16,375      $ 19,866      $ 27,683      $ 37,053      $ 8,846      $ 6,421   

Add: Interest expense

      12,845        13,695        13,729        14,948        5,717        14,821   

Add: Estimate of implicit interest in rental expense

      1,628        1,920        2,747        3,051        1,124        2,432   

Less: Noncontrolling interests

      (11,833 )      (14,706 )      (17,179 )      (22,391 )      (9,266 )      (18,444 ) 
                                                

Total adjustments

      2,640        909        (703 )      (4,392 )      (2,425 )      (1,191 ) 

Adjusted income from operations

    $ 19,015      $ 20,775      $ 26,980      $ 32,661      $ 6,421      $ 5,230   
                                                

Fixed charges:

             

Interest expense

    $ 12,845      $ 13,695      $ 13,729      $ 14,948      $ 5,717      $ 14,821   

Interest portion of rent expense

      1,628        1,920        2,747        3,051        1,124        2,432   
                                                

Total fixed charges

    $ 14,473      $ 15,615      $ 16,476      $ 17,999      $ 6,841      $ 17,253   
                                                

Ratio of earnings to fixed charges

      1.31        1.33        1.64        1.81        0.94        0.30   
                                                

American Renal Holdings Inc. Reports