Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - PVR PARTNERS, L. P. | Financial_Report.xls |
| EX-31.1 - SECTION 302 CEO CERTIFICATION - PVR PARTNERS, L. P. | dex311.htm |
| EX-31.2 - SECTION 302 CFO CERTIFICATION - PVR PARTNERS, L. P. | dex312.htm |
| EX-32.2 - SECTION 906 CFO CERTIFICATION - PVR PARTNERS, L. P. | dex322.htm |
| EX-32.1 - SECTION 906 CEO CERTIFICATION - PVR PARTNERS, L. P. | dex321.htm |
| 10-Q - FORM 10-Q - PVR PARTNERS, L. P. | d10q.htm |
Exhibit 12.1
Penn Virginia Resource Partners, L.P.
Statement of Computation of Ratio of Earnings to Fixed Charges Calculation
(in thousands, except ratios)
| Six | ||||||||||||||||||||||||
| Months Ended | ||||||||||||||||||||||||
| Year Ended December 31, | June 30, | |||||||||||||||||||||||
| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | |||||||||||||||||||
| Earnings | ||||||||||||||||||||||||
| Pre-tax income * |
$ | 33,030 | $ | 28,098 | $ | 101,701 | $ | 60,148 | $ | 67,070 | $ | 44,124 | ||||||||||||
| Fixed charges |
19,783 | 19,766 | 26,850 | 27,368 | 39,164 | 25,842 | ||||||||||||||||||
| Total earnings |
$ | 52,813 | $ | 47,864 | $ | 128,551 | $ | 87,516 | $ | 106,234 | $ | 69,966 | ||||||||||||
| Fixed Charges | ||||||||||||||||||||||||
| Interest expense |
$ | 19,151 | $ | 18,896 | $ | 25,346 | $ | 24,878 | $ | 35,982 | $ | 24,140 | ||||||||||||
| Rental interest factor |
632 | 870 | 1,504 | 2,490 | 3,182 | 1,702 | ||||||||||||||||||
| Total fixed charges |
$ | 19,783 | $ | 19,766 | $ | 26,850 | $ | 27,368 | $ | 39,164 | $ | 25,842 | ||||||||||||
| Ratio of earnings to fixed charges |
2.7x | 2.4x | 4.8x | 3.2x | 2.7x | 2.7x | ||||||||||||||||||
| * | Includes cash distributions from equity affiliates and excludes equity earnings from affiliates. Also excludes capitalized interest. |