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EXHIBIT 12.2
DUKE REALTY LIMITED PARTNERSHIP
EARNINGS TO DEBT SERVICE CALCULATIONS
(in thousands, except ratios)
December 31, 2006 |
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Net income from continuing operations, less preferred distributions | $ | 106,924 |
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Interest expense (excludes amortization of deferred financing fees) |
| 171,092 |
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Earnings before debt service | $ | 278,016 |
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Interest expense (excludes amortization of deferred financing fees) | $ | 171,092 |
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Recurring principal amortization |
| 9,734 |
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Total debt service | $ | 180,826 |
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Ratio of earnings to debt service |
| 1.54 |
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