8-K: Current report filing
Published on April 25, 1997
RATIO OF EARNINGS TO COMBINED FIXED CHARGES
AND PREFERRED STOCK DIVIDENDS
The ratios of earnings to fixed charges are as follows:
(1) Operations of the Company commenced on August 14, 1992.
(2) For purposes of calculating the ratio of earnings to combined fixed charges
and preferred stock dividends, net earnings (before extraordinary charge
from prepayment of debt in 1995) has been added to fixed charges and that
sum has been divided by such fixed charges. Fixed charges consist of
interest expense and amortization of deferred financing costs. There are no
preferred stock dividends as no shares of preferred stock were outstanding
for the periods presented.