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Exhibit 12.1
MarkWest Energy Partners, L.P.
Calculation of Earnings to Fixed Charges
(Dollar amounts in thousands)
| | | Year ended December 31, | | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | | Nine Months Ended September 30, 2006 | |||||||||||||||||||
| | | 2001 | 2002 | 2003 | 2004 | 2005 | |||||||||||||||
| Fixed Charges | $ | 1,507 | $ | 1,619 | $ | 4,438 | $ | 16,209 | $ | 33,190 | $ | 40,999 | |||||||||
| Earnings | |||||||||||||||||||||
| Add: | |||||||||||||||||||||
| (a) | Pre-tax income from continuing operations | $ | 4,210 | $ | 4,486 | $ | 4,759 | $ | 9,962 | $ | 2,355 | $ | 55,384 | ||||||||
| (b) | Fixed charges | 1,507 | 1,619 | 4,438 | 16,209 | 33,190 | 40,999 | ||||||||||||||
| (c) | Amortization of capitalized interest | — | — | — | 2 | 25 | 166 | ||||||||||||||
| (d) | Distributed income of equity investees | — | — | — | — | 2,441 | — | ||||||||||||||
| (e) | Share of pre-tax losses of equity investees | — | — | — | 65 | 2,153 | — | ||||||||||||||
| Subtract: | |||||||||||||||||||||
| (a) | Interest capitalized | — | — | — | (793 | ) | (2,133 | ) | (399 | ) | |||||||||||
| (b) | Preference security dividend requirements of consolidated subsidiaries | — | — | — | — | — | — | ||||||||||||||
| (c) | Minority interest in pre-tax income of subsidiaries that have not incurred fixed charges | — | — | — | — | — | — | ||||||||||||||
| Equals Earnings | $ | 5,717 | $ | 6,105 | $ | 9,197 | $ | 25,445 | $ | 38,031 | $ | 96,150 | |||||||||
| Ratio | 3.79 | 3.77 | 2.07 | 1.57 | 1.15 | 2.35 | |||||||||||||||
MarkWest Energy Partners, L.P. Calculation of Earnings to Fixed Charges