Attached files
| file | filename |
|---|---|
| EX-32.2 - EX-32.2 - SunGard | d64365dex322.htm |
| EX-31.1 - EX-31.1 - SunGard | d64365dex311.htm |
| EX-32.1 - EX-32.1 - SunGard | d64365dex321.htm |
| EX-99.1 - EX-99.1 - SunGard | d64365dex991.htm |
| 10-Q - FORM 10-Q - SunGard | d64365d10q.htm |
| EX-31.2 - EX-31.2 - SunGard | d64365dex312.htm |
Exhibit 12.1
SunGard
Computation of Ratio of Earnings to Fixed Charges (Unaudited)
($ in millions)
| Three Months Ended June 30, | Six Months Ended June 30, | |||||||||||||||
| 2014 | 2015 | 2014 | 2015 | |||||||||||||
| Fixed charges |
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| Interest expense |
$ | 68 | $ | 68 | $ | 136 | $ | 135 | ||||||||
| Amortization of debt issuance costs and debt discount |
4 | 4 | 11 | 8 | ||||||||||||
| Portion of rental expense representative of interest |
5 | 5 | 10 | 9 | ||||||||||||
| Undeclared preferred stock dividend of SunGard Capital Corp. II before income taxes (at effective rate) |
67 | 52 | 118 | 122 | ||||||||||||
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| Total fixed charges |
$ | 144 | $ | 129 | $ | 275 | $ | 274 | ||||||||
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| Earnings |
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| Income (loss) from continuing operations before income taxes |
$ | 5 | $ | 39 | $ | (419 | ) | $ | 83 | |||||||
| Fixed charges per above |
144 | 129 | 275 | 274 | ||||||||||||
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| Total earnings |
$ | 149 | $ | 168 | $ | (144 | ) | $ | 357 | |||||||
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| Ratio of earnings to fixed charges |
1.0 | 1.3 | * | 1.3 | ||||||||||||
| * | Earnings for the six months ended June 30, 2014 were inadequate to cover fixed charges by $419 million. |
SunGard Capital Corp. II
SunGard Data Systems Inc.
Computation of Ratio of Earnings to Fixed Charges (Unaudited)
($ in millions)
| Three Months Ended June 30, | Six Months Ended June 30, | |||||||||||||||
| 2014 | 2015 | 2014 | 2015 | |||||||||||||
| Fixed charges |
||||||||||||||||
| Interest expense |
$ | 68 | $ | 68 | $ | 136 | $ | 135 | ||||||||
| Amortization of debt issuance costs and debt discount |
4 | 4 | 11 | 8 | ||||||||||||
| Portion of rental expense representative of interest |
5 | 5 | 10 | 9 | ||||||||||||
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| Total fixed charges |
$ | 77 | $ | 77 | $ | 157 | $ | 152 | ||||||||
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| Earnings |
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| Income (loss) from continuing operations before income taxes |
$ | 5 | $ | 39 | $ | (419 | ) | $ | 83 | |||||||
| Fixed charges per above |
77 | 77 | 157 | 152 | ||||||||||||
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| Total earnings |
$ | 82 | $ | 116 | $ | (262 | ) | $ | 235 | |||||||
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| Ratio of earnings to fixed charges |
1.1 | 1.5 | * | 1.5 | ||||||||||||
| * | Earnings for the six months ended June 30, 2014 were inadequate to cover fixed charges by $419 million. |