|
|
|
|
|
|
|
|
|
|
Previous: REGENCY REALTY CORP, 8-K, EX-8.2, 2000-08-29 |
Next: NORTHWESTERN MUTUAL INVESTMENT SERVICES LLC, NSAR-A, 2000-08-29 |
Exhibit 12.2
STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS
<TABLE>
Regency Centers, L.P.
Ratio of Earnings to Fixed Charges
<CAPTION>
RCLP RCLP RCLP RCLP RCLP RCLP
06-30-00 1999 1998 1997 1996 1995
<S> <C> <C> <C> <C> <C> <C>
Net income 57,013 99,131 49,299 24,228 4,942 796
Adjust for:
Minority interest 480 2,855 464 505 - -
Equity in income of joint ventures (61) (4,688) (946) (33) (70) (4)
Gain (loss) on sale of real estate (18) 233 (10,726) (451) - -
Plus fixed charges 51,176 79,430 30,239 16,658 6,857 5,085
Plus distributions from equity joint ventures - 704 384 69 232 12
Less preferred stock/unit dividend (13,255) (12,368) (3,358) - - -
Less capitalized interest (5,961) (11,029) (3,417) (1,896) (381) (285)
------------------------------------------------------------------------
Earnings 89,374 154,268 61,939 39,080 11,580 5,604
------------------------------------------------------------------------
Preferred stock/unit dividend 13,255 12,368 3,358 - - -
Interest expense including amortization of
loan costs and interest savings 31,960 56,033 23,464 14,762 6,476 4,800
Capitalized interest 5,961 11,029 3,417 1,896 381 285
------------------------------------------------------------------------
Total fixed charges 51,176 79,430 30,239 16,658 6,857 5,085
------------------------------------------------------------------------
Ratio 1.7 1.9 2.0 2.3 1.7 1.1
</TABLE>
|
|