Exhibit 12.1
Ratio of Earnings to Fixed Charges Syniverse Holdings, Inc. (unaudited) (dollars in thousands)
| Year Ended December 31, 2009 | Year Ended December 31, 2008 | Year Ended December 31, 2007 | Year Ended December 31, 2006 | Year Ended December 31, 2005 | ||||||||||||
Net Income | $ | 65,677 | $ | 78,464 | $ | 52,419 | $ | 89,724 | $ | 9,804 | ||||||
Provision for (benefit from) income taxes | 40,465 | 46,797 | 31,310 | (39,574 | ) | 9,041 | ||||||||||
Income (loss) before income taxes | $ | 106,142 | $ | 125,261 | $ | 83,729 | $ | 50,150 | $ | 18,845 | ||||||
Fixed charges: | ||||||||||||||||
Interest expensed | $ | 27,160 | $ | 35,505 | $ | 24,429 | $ | 26,194 | $ | 32,406 | ||||||
Amortization of deferred financing costs and discount | 1,747 | 1,742 | 1,174 | 1,134 | 2,241 | |||||||||||
Estimated interest factor on operating leases | 1,404 | 1,307 | 1,037 | 1,006 | 1,010 | |||||||||||
Total fixed charges | 30,291 | 38,554 | 26,640 | 28,334 | 35,657 | |||||||||||
Earnings: | ||||||||||||||||
Income (loss) before income taxes | 106,142 | 125,261 | 83,729 | 50,150 | 18,845 | |||||||||||
Fixed charges | 30,291 | 38,554 | 26,640 | 28,334 | 35,657 | |||||||||||
Total earnings | $ | 136,433 | $ | 163,815 | $ | 110,369 | $ | 78,484 | $ | 54,502 | ||||||
Ratio of earnings to fixed charges | 4.50 | 4.25 | 4.14 | 2.77 | 1.53 | |||||||||||