Attached files
file | filename |
---|---|
8-K - 8-K - HEALTHPEAK PROPERTIES, INC. | a13-23383_48k.htm |
EX-4.2 - EX-4.2 - HEALTHPEAK PROPERTIES, INC. | a13-23383_4ex4d2.htm |
EX-99.2 - EX-99.2 - HEALTHPEAK PROPERTIES, INC. | a13-23383_4ex99d2.htm |
EX-5.2 - EX-5.2 - HEALTHPEAK PROPERTIES, INC. | a13-23383_4ex5d2.htm |
EX-8.1 - EX-8.1 - HEALTHPEAK PROPERTIES, INC. | a13-23383_4ex8d1.htm |
EX-99.1 - EX-99.1 - HEALTHPEAK PROPERTIES, INC. | a13-23383_4ex99d1.htm |
EX-5.1 - EX-5.1 - HEALTHPEAK PROPERTIES, INC. | a13-23383_4ex5d1.htm |
EX-1.1 - EX-1.1 - HEALTHPEAK PROPERTIES, INC. | a13-23383_4ex1d1.htm |
Exhibit 12.1
HCP, Inc.
RATIO OF EARNINGS TO FIXED CHARGES
and RATIO OF EARNINGS TO FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
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Year ended December 31, |
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Nine Months |
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2012 |
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2011 |
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2010 |
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2009 |
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2008 |
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RATIO OF EARNINGS TO FIXED CHARGES |
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Fixed Charges: |
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Interest Expense and Debt Amortization |
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$326,225 |
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$419,066 |
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$419,336 |
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$288,657 |
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$298,898 |
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$349,313 |
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Rental Expense |
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5,974 |
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6,794 |
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6,186 |
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5,939 |
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6,039 |
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6,008 |
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Capitalized Interest |
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10,852 |
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23,360 |
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26,402 |
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21,664 |
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25,917 |
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27,490 |
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Fixed Charges |
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$343,051 |
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$449,220 |
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$451,924 |
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$316,260 |
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$330,854 |
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$382,811 |
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Earnings: |
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Pretax Income from Continuing Operations before Noncontrolling Interest and Income from Equity Investees |
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$621,593 |
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$756,793 |
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$501,838 |
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$382,681 |
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$96,131 |
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$223,917 |
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Add Back Fixed Charges |
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343,051 |
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449,220 |
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451,924 |
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316,260 |
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330,854 |
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382,811 |
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Add Distributed Income from Equity Investees |
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2,724 |
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3,384 |
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3,273 |
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5,373 |
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7,273 |
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6,745 |
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Less Capitalized Interest |
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(10,852 |
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(23,360 |
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(26,402 |
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(21,664 |
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(25,917 |
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(27,490 |
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Less Noncontrolling Interest from Subsidiaries without Fixed Charges |
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(6,226 |
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(10,954 |
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(16,466 |
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(15,517 |
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(13,049 |
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(17,996 |
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Total |
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$950,290 |
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$1,175,083 |
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$914,167 |
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$667,133 |
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395,292 |
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$567,987 |
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Ratio of Earnings to Fixed Charges |
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2.77 |
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2.62 |
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2.02 |
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2.11 |
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1.19 |
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1.48 |
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