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| KIM > SEC Filings for KIM > Form 8-K on 17-Sep-2009 | All Recent SEC Filings |
17-Sep-2009
Financial Statements and Exhibits
The Company is filing as an exhibit to this Current Report on Form 8-K, and incorporating herein by reference, the figures used to calculate the Company's ratio of earnings to fixed charges and ratio of earnings to combined fixed charges and preferred stock dividends for the quarter ended June 30, 2009.
For purposes of determining the ratio of earnings to total fixed charges,
"earnings" consist of loss from continuing operations before income taxes and
noncontrolling interest, (income) loss related to equity method investees,
distributed income of equity method investees, noncontrolling interest in
pre-tax (income) loss, amortization of interest capitalized and fixed charges.
"Total fixed charges" consist of interest expense (including interest costs
capitalized) and other financial charges and an interest factor attributable to
rentals. The interest factor attributable to rentals consists of one-third of
rental charges, which we deem to be representative of the interest factor
inherent in rents.
For the purposes of determining the ratio of earnings to combined fixed charges and preferred stock dividends, "earnings" consist of loss from continuing operations before income taxes and noncontrolling interest, (income) loss related equity method investees, distributed income of equity method investees, noncontrolling interest in pre-tax (income) loss, amortization of interest capitalized and fixed charges. "Combined fixed charges" consist of interest expense (including interest costs capitalized) and other financial charges, preferred dividends (including tax effect factor) and an interest factor attributable to rentals. The interest factor attributable to rentals consists of one-third of rental charges, which we deem to be representative of the interest factor inherent in rents.
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