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EXHIBIT 12
HCA -- THE HEALTHCARE COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
FOR THE QUARTERS AND NINE MONTHS ENDED SEPTEMBER 30, 2000 AND 1999
(DOLLARS IN MILLIONS)
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QUARTER NINE MONTHS
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2000 1999 2000 1999
---- ---- ---- ------
<S> <C> <C> <C> <C>
EARNINGS:
Income before minority interests and income taxes........... $319 $247 $496 $1,065
Fixed charges, excluding capitalized interest............... 173 147 479 435
---- ---- ---- ------
$492 $394 $975 $1,500
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FIXED CHARGES:
Interest charged to expense................................. $147 $122 $402 $ 351
Interest portion of rental expense and amortization of
deferred loan costs....................................... 26 25 77 84
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Fixed charges, excluding capitalized interest............... 173 147 479 435
Capitalized interest........................................ 6 5 17 16
---- ---- ---- ------
$179 $152 $496 $ 451
==== ==== ==== ======
Ratio of earnings to fixed charges.......................... 2.75 2.59 1.97 3.33
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