EXHIBIT 12.2
Published on July 27, 2018
Exhibit 12.2
|
KIMCO REALTY CORPORATION AND SUBSIDIARIES |
||
|
COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS |
||
|
For the six months ended June 30, 2018 |
||
|
(in thousands, except for ratio) |
|
Pretax earnings from continuing operations before adjustment for noncontrolling interests or income loss from equity investees |
$ | 253,577 | ||
|
Add: |
||||
|
Interest on indebtedness (excluding capitalized interest) |
96,018 | |||
|
Amortization of debt premiums, discounts and capitalized expenses |
(901 | ) | ||
|
Amortization of capitalized interest |
2,750 | |||
|
Portion of rents representative of the interest factor |
3,635 | |||
| 355,079 | ||||
|
Distributed income from equity investees |
67,005 | |||
|
Pretax earnings from continuing operations, as adjusted |
$ | 422,084 | ||
|
Combined fixed charges and preferred stock dividends - |
||||
|
Interest on indebtedness (excluding capitalized interest) |
$ | 96,018 | ||
|
Capitalized interest |
8,199 | |||
|
Preferred dividend factor |
29,186 | |||
|
Amortization of debt premiums, discounts and capitalized expenses |
(901 | ) | ||
|
Portion of rents representative of the interest factor |
3,635 | |||
|
Combined fixed charges and preferred stock dividends |
$ | 136,137 | ||
|
Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends |
3.1 |