Global Partners LP
Ratio of Earnings to Fixed Charges
(Dollars in Thousands)
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| Successor |
| Predecessor |
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| Year |
| October 4 |
| January 1 |
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| Ended |
| through |
| through |
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| December 31, |
| December 31, |
| October 3, |
| Year Ended December 31, |
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| 2006 |
| 2005 |
| 2005 |
| 2004 |
| 2003 |
| 2002 |
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Income before income taxes |
| $ | 33,461 |
| $ | 10,394 |
| $ | 8,693 |
| $ | 17,309 |
| $ | 16,041 |
| $ | 5,986 |
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Interest expense and amortized fees |
| 12,305 |
| 3,078 |
| 7,495 |
| 5,082 |
| 2,222 |
| 2,431 |
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Interest portion of rental expense |
| 1,195 |
| 233 |
| 603 |
| 579 |
| 493 |
| 530 |
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Earnings |
| $ | 46,961 |
| $ | 13,705 |
| $ | 16,791 |
| $ | 22,970 |
| $ | 18,756 |
| $ | 8,947 |
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Interest expense and amortized fees |
| $ | 12,305 |
| $ | 3,078 |
| $ | 7,495 |
| $ | 5,082 |
| $ | 2,222 |
| $ | 2,431 |
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Interest portion of rental expense |
| 1,195 |
| 233 |
| 603 |
| 579 |
| 493 |
| 530 |
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Fixed charges |
| $ | 13,500 |
| $ | 3,311 |
| $ | 8,098 |
| $ | 5,661 |
| $ | 2,715 |
| $ | 2,961 |
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Ratio or earnings to fixed charges |
| 3.48 |
| 4.14 |
| 2.07 |
| 4.06 |
| 6.91 |
| 3.02 |
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