EX-12.2 4 a08-11256_1ex12d2.htm EX-12.2

EXHIBIT 12.2

 

HOSPITALITY PROPERTIES TRUST

COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED
DISTRIBUTIONS

(IN THOUSANDS, EXCEPT RATIO AMOUNTS)

 

 

 

Three Months Ended 
March 31,

 

Year Ended December 31,

 

 

 

2008

 

2007

 

2007

 

2006

 

2005

 

2004

 

2003

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from Continuing Operations

 

$

55,756

 

$

40,314

 

$

227,817

 

$

156,501

 

$

118,779

 

$

116,221

 

$

227,432

 

Fixed Charges

 

37,569

 

30,655

 

140,517

 

81,451

 

65,263

 

50,393

 

44,536

 

Adjusted Earnings

 

$

93,325

 

$

70,969

 

$

368,334

 

$

237,952

 

$

184,042

 

$

166,614

 

$

271,968

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges and Preferred Distributions:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest on indebtedness and amortization of deferred finance costs
Preferred distributions

 

$

37,569 7,470

 

$

30,655 4,359

 

$

140,517 26,769

 

$

81,451 7,656

 

$

65,263 7,656

 

$

50,393 9,674

 

$

44,536 14,780

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Combined Fixed Charges and Preferred Distributions

 

$

45,039

 

$

35,014

 

$

167,286

 

$

89,107

 

$

72,919

 

$

60,067

 

$

59,316

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of Earnings to Combined Fixed Charges and Preferred Distributions

 

2.07x

 

2.03x

 

2.20x

 

2.67x

 

2.52x

 

2.77x

 

4.59x