EXHIBIT 12.1
Published on February 26, 2014
Exhibit 12.1
Kimco Realty Corporation and Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
For the year ended December 31, 2013
|
Pretax earnings from continuing operations before adjustment for noncontrolling interests or income loss from equity investees |
$ | 37,465,676 | ||
|
Add: |
||||
|
Interest on indebtedness (excluding capitalized interest) |
215,832,596 | |||
|
Amortization of debt related expenses |
7,263,026 | |||
|
Portion of rents representative of the interest factor |
7,887,716 | |||
| 268,449,014 | ||||
|
Distributed income from equity investees |
258,049,650 | |||
|
Pretax earnings from continuing operations, as adjusted |
$ | 526,498,664 | ||
|
Fixed charges - |
||||
|
Interest on indebtedness (including capitalized interest) |
$ | 217,095,852 | ||
|
Amortization of debt related expenses |
2,641,694 | |||
|
Portion of rents representative of the interest factor |
7,887,716 | |||
|
Fixed charges |
$ | 227,625,262 | ||
|
Ratio of earnings to fixed charges |
2.3 |