SS&C TECHNOLOGIES INC - FORM 10-K - EX-12 - EX-12 STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - February 25, 2010

Attached files

file filename
10-K - SS&C TECHNOLOGIES, INC. - SS&C TECHNOLOGIES INCb78745e10vk.htm
EX-32 - EX-32 SECTION 906 CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER - SS&C TECHNOLOGIES INCb78745exv32.htm
EX-21 - EX-21 SUBSIDIARIES OF THE REGISTRANT - SS&C TECHNOLOGIES INCb78745exv21.htm
EX-31.1 - EX-31.1 SECTION 302 CERTIFICATION OF CHIEF EXECUTIVE OFFICER - SS&C TECHNOLOGIES INCb78745exv31w1.htm
EX-31.2 - EX-31.2 SECTION 302 CERTIFICATION OF CHIEF FINANCIAL OFFICER - SS&C TECHNOLOGIES INCb78745exv31w2.htm
EX-10.33 - EX-10.33 AMENDED AND RESTATED STOCK OPTION AGREEMENT, DATED FEBRUARY 16, 2010 - SS&C TECHNOLOGIES INCb78745exv10w33.htm
Exhibit 12
SS&C Technologies, Inc.
Computation of Ratio of Earnings to Fixed Charges (Unaudited)
($ in thousands)
                                                   
    Successor     Predecessor
                                    November 23     January 1
    Year Ended   Year Ended   Year Ended   Year Ended   through     through
    December 31,   December 31,   December 31,   December 31,   December 31,     November 22,
(in thousands, except ratios)   2009   2008   2007   2006   2005     2005
Income (loss) before income taxes
   $ 28,822     $ 25,947     $ 6,117     $ (2,714 )   $ 831       $ 3,370  
Distributed income and (gains)/losses of equity investee
     —       2,137       295     $ (393 )     —         —  
Interest expense and amortization of deferred financing costs
     36,891       41,539       45,463       47,427       4,920         2,092  
Portion of rentals deemed to be a reasonable approximation of the interest factor
     2,821       2,711       2,629       2,642       208         2,119  
                   
 
                                                  
Income available for fixed charges
   $ 68,534     $ 72,334     $ 54,504     $ 46,962     $ 5,959       $ 7,581  
                   
 
                                                  
Fixed Charges:
                                                  
Interest expense and amortization of deferred financing costs
   $ 36,891     $ 41,539     $ 45,463     $ 47,427     $ 4,920       $ 2,092  
Portion of rentals deemed to be a reasonable approximation of the interest factor
     2,821       2,711       2,629       2,642       208         2,119  
                     
 
                                                  
Total fixed charges
   $ 39,712     $ 44,250     $ 48,092     $ 50,069     $ 5,128       $ 4,211  
                   
 
                                                  
Ratio of earnings to fixed charges
     1.7       1.6       1.1       *       1.2         1.8  
 
*   Earnings for the year ended December 31, 2006 were inadequate to cover fixed charges by $3.1 million.

 

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