Attached files

file filename
10-Q - FORM 10-Q - Regency Energy Partners LPd10q.htm
EX-31.1 - RULE 13A-14(A)/15D-14(A) CERTIFICATION OF CHIEF EXECUTIVE OFFICER - Regency Energy Partners LPdex311.htm
EX-32.1 - SECTION 1350 CERTIFICATIONS OF CHIEF EXECUTIVE OFFICER - Regency Energy Partners LPdex321.htm
EX-31.2 - RULE 13A-14(A)/15D-14(A) CERTIFICATION OF CHIEF FINANCIAL OFFICER - Regency Energy Partners LPdex312.htm
EX-32.2 - SECTION 1350 CERTIFICATIONS OF CHIEF FINANCIAL OFFICER - Regency Energy Partners LPdex322.htm
EX-10.46 - MERGER AGREEMENT - Regency Energy Partners LPdex1046.htm
EX-10.45 - PURCHASE AND SALE AGREEMENT - Regency Energy Partners LPdex1045.htm

Exhibit 12.1

Regency Energy Partners LP

Ratio of Earnings to Fixed Charges

(in thousands, except for ratio amounts)

(Unaudited)

 

    Successor          Predecessor  
    Period from Acquisition
(May 26, 2010) to June 30,
2010
         Period from
April 1, 2010 to May 25,
2010
    Three Months Ended
June 30, 2009
  Period from
January 1, 2010 to
May 25, 2010
    Six Months Ended
June 30, 2009
 

Earnings:

             

Pre-tax income (loss) from continuing operations

  $ (4,650       $ (4,413   $ 5,440     (4,542     153,963   

Add:

             

Interest expense

    8,109            14,114        19,568     36,459        33,795   

Portion of rent under long-term operating leases representative of an interest factor

    65            125        299     323        654   

Amortization of capitalized interest

    39            79        103     193        195   

(Less) add:

             

Non-cash income from unconsolidated subsidiaries

    (8,121         961        313     (3,426     (23
                                         

Total earnings available for fixed charges

  $ (4,558       $ 10,866      $ 25,723   $ 29,007      $ 188,584   
                                         

Fixed Charges:

             

Interest expense

    8,109            14,114        19,568     36,459        33,795   

Portion of rent under long-term operating leases representative of an interest factor

    65            125        299     323        654   

Capitalized interest

    377            479        261     880        1,136   
                                         

Total fixed charges

  $ 8,551          $ 14,718      $ 20,128   $ 37,662      $ 35,585   
                                         

Ratio of earnings to fixed charges (x times) (1)

    —              —          1.28     —          5.3   

 

           

(1) Earnings were insufficient to cover fixed charges by:

  $ 13,109          $ 3,852      $ —     $ 8,656      $ —