Attached files
Exhibit 12.1
Statement of Computation of Ratio of Earnings to Fixed Charges
(UNAUDITED)
Atlas Energy Resources, LLC
(amounts in thousands except ratios)
| Three Months
Ended March 31, 2010 |
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| Earnings: |
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| Net income |
$ | 2,690 | ||
| Fixed charges |
21,142 | |||
| Equity income in unconsolidated company |
(288 | ) | ||
| Interest capitalized |
(2,823 | ) | ||
| Amortization of previously capitalized interest |
207 | |||
| Total |
$ | 20,928 | ||
| Fixed Charges: |
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| Interest cost and debt expense |
$ | 18,032 | ||
| Interest capitalized |
2,823 | |||
| Interest allocable to rental expense(1) |
287 | |||
| Total |
$ | 21,142 | ||
| Ratio of Earnings to Fixed Charges |
0.99x | |||
| (1) | Represents one-third of the total operating lease rental expense which is that portion deemed to be interest. |