Attached files

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EX-32.1 - EXHIBIT 32.1 - KIMCO REALTY CORPex_118065.htm
EX-31.2 - EXHIBIT 31.2 - KIMCO REALTY CORPex_118064.htm
EX-31.1 - EXHIBIT 31.1 - KIMCO REALTY CORPex_118063.htm
EX-12.1 - EXHIBIT 12.1 - KIMCO REALTY CORPex_118061.htm
10-Q - FORM 10-Q - KIMCO REALTY CORPkim20180630_10q.htm

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