QuickLinks -- Click here to rapidly navigate through this document
MarkWest Energy Partners, L.P.
Calculation of Earnings to Fixed Charges
(Dollar amounts in thousands)
| | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 (through June 30, 2012) | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total fixed charges | $ | 49,191 | $ | 86,559 | $ | 112,981 | $ | 120,711 | $ | 123,893 | $ | 69,507 | |||||||
Earnings: | |||||||||||||||||||
Earnings from continuing operations before income taxes | (59,155 | ) | $ | 273,602 | $ | (155,370 | ) | $ | 34,291 | $ | 119,894 | $ | 252,427 | ||||||
Add: | |||||||||||||||||||
Fixed charges | 49,191 | 86,559 | 112,981 | 120,711 | 123,893 | 69,507 | |||||||||||||
Amortization of capitalized interest | 478 | 1,110 | 1,444 | 1,583 | 1,639 | 1,020 | |||||||||||||
Cash distributions from equity method investments | 10,840 | 445 | — | 2,508 | 300 | 1,700 | |||||||||||||
(Income) Loss from equity method investments | (5,309 | ) | (90 | ) | (3,505 | ) | (1,562 | ) | 1,095 | (542 | ) | ||||||||
Subtract: | |||||||||||||||||||
Interest capitalized | (3,344 | ) | (9,486 | ) | (12,228 | ) | (2,766 | ) | (1,121 | ) | (8,048 | ) | |||||||
Total earnings | $ | (7,299 | ) | $ | 352,140 | $ | (56,678 | ) | $ | 154,765 | $ | 245,700 | $ | 316,064 | |||||
Ratio | (0.15 | ) | 4.07 | (0.50 | ) | 1.28 | 1.98 | 4.55 | |||||||||||
Deficit | $ | (56,490 | ) | $ | — | $ | (169,659 | ) | $ | — | $ | — | |||||||
MarkWest Energy Partners, L.P. Calculation of Earnings to Fixed Charges (Dollar amounts in thousands)