Attached files
Exhibit 12.1
SunGard Capital Corp.
SunGard Capital Corp. II
SunGard Data Systems Inc.
Computation of Ratio of Earnings to Fixed Charges (Unaudited)
($ in millions)
SunGard Capital Corp. II
SunGard Data Systems Inc.
Computation of Ratio of Earnings to Fixed Charges (Unaudited)
($ in millions)
Three Months Ended June 30, | Six Months Ended June 30, | |||||||||||||||
2009 | 2010 | 2009 | 2010 | |||||||||||||
Fixed charges |
||||||||||||||||
Interest expense |
$ | 141 | $ | 148 | $ | 282 | $ | 297 | ||||||||
Amortization of debt issuance costs and debt discount |
10 | 11 | 20 | 22 | ||||||||||||
Portion of rental expense representative of interest |
20 | 19 | 40 | 39 | ||||||||||||
Total fixed charges |
$ | 171 | $ | 178 | $ | 342 | $ | 358 | ||||||||
Earnings |
||||||||||||||||
Income (loss) before income taxes |
$ | (7 | ) | $ | (19 | ) | $ | (50 | ) | $ | (104 | ) | ||||
Fixed charges per above |
171 | 178 | 342 | 358 | ||||||||||||
Total earnings |
$ | 164 | $ | 159 | $ | 292 | $ | 254 | ||||||||
Ratio of earnings to fixed charges |
* | * | * | * |
* | Earnings for the three months ended March 31, 2009 and 2010 and for the six months ended June 30, 2009 and 2010 were inadequate to cover fixed charges by $7 million, $19 million, $50 million and $104 million, respectively. |