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 March 31, | ||||||||
2010 | 2011 | |||||||
Fixed charges |
||||||||
Interest expense |
$ | 149 | $ | 127 | ||||
Amortization of debt issuance costs and debt discount |
11 | 10 | ||||||
Portion of rental expense representative of interest |
20 | 20 | ||||||
Total fixed charges |
$ | 180 | $ | 157 | ||||
Earnings |
||||||||
Income (loss) from continuing operations before
income taxes |
$ | (88 | ) | $ | (75 | ) | ||
Fixed charges per above |
180 | 157 | ||||||
Total earnings |
$ | 92 | $ | 82 | ||||
Ratio of earnings to fixed charges |
* | * |
* | Earnings for the three months ended March 31, 2010 and 2011 were inadequate to cover fixed charges by $88 million and $75 million, respectively. |