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Previous: AMERICAN SPECTRUM REALTY INC, S-4, EX-99.27, 2000-08-14 |
Next: AMERICAN SPECTRUM REALTY INC, S-4, EX-99.29, 2000-08-14 |
<PAGE> 1
Exhibit 99.28
SUPPLEMENTAL SCHEDULE -- CALCULATION OF RATIO OF PRO FORMA EARNINGS TO FIXED
CHARGES
RATIO OF EARNINGS TO FIXED CHARGES (PRO FORMA COMBINED FOR AMERICAN SPECTRUM):
<TABLE>
<CAPTION>
MINIMUM PRO FORMA MAXIMUM PRO FORMA
---------------------------------- -----------------------------------
Year Ended Three Months Ended Year Ended Three Months Ended
December 31, March 31, December 31, March 31,
1999 2000 1999 2000
------------ ------------------ ------------ ------------------
<S> <C> <C> <C> <C>
Earnings:
Pretax income (loss) $(10,928) $ (453) $(11,276) $ (553)
Fixed Charges:
Interest Expense 12,715 3,644 14,101 4,046
Interest factor of rental expense 107 10 137 10
-------- ------ -------- ------
Total fixed charges 12,852 3,654 14,238 4,056
Total earnings 1,924 3,201 2,962 3,503
Total fixed charges 12,852 3,654 14,238 4,056
Ratio of earnings to fixed charges 0.15 0.88 0.21 0.86
-------- ------ -------- ------
Deficiency to cover fixed charges 10,928 453 11,276 553
Computation of Interest Factor
of Rental Expense:
Operating rental expense 410 29 410 29
Interest factor 33% 33% 33% 33%
-------- ------ -------- ------
Total 137 10 137 10
-------- ------ -------- ------
</TABLE>
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