Exhibit 12.1
SunGard Capital Corp.
SunGard Capital Corp. II
SunGard Data Systems Inc.
Computation of Ratio of Earnings to Fixed Charges (Unaudited)
($ in millions)
SunGard Capital Corp. II
SunGard Data Systems Inc.
Computation of Ratio of Earnings to Fixed Charges (Unaudited)
($ in millions)
Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||
2009 | 2010 | 2009 | 2010 | |||||||||||||
Fixed charges | ||||||||||||||||
Interest expense | $ | 151 | $ | 149 | $ | 433 | $ | 446 | ||||||||
Amortization of debt issuance costs and debt discount | 11 | 11 | 31 | 33 | ||||||||||||
Portion of rental expense representative of interest | 20 | 20 | 60 | 59 | ||||||||||||
Total fixed charges | $ | 182 | $ | 180 | $ | 524 | $ | 538 | ||||||||
Earnings | ||||||||||||||||
Income (loss) before income taxes | $ | (43 | ) | $ | (388 | ) | $ | (93 | ) | $ | (492 | ) | ||||
Fixed charges per above | 182 | 180 | 524 | 538 | ||||||||||||
Total earnings | $ | 139 | $ | (208 | ) | $ | 431 | $ | 46 | |||||||
Ratio of earnings to fixed charges | * | * | * | * |
* | Earnings for the three months ended September, 2009 and 2010 and for the nine months ended September 30, 2009 and 2010 were inadequate to cover fixed charges by $43 million, $388 million, $93 million and $492 million, respectively. |