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)
Three Months Ended June 30, | Six Months Ended June 30, | ||||||||||||||
2008 | 2009 | 2008 | 2009 | ||||||||||||
Fixed charges | |||||||||||||||
Interest expense | $ | 133 | $ | 141 | $ | 272 | $ | 282 | |||||||
Amortization of debt issuance costs and debt discount | 9 | 10 | 18 | 20 | |||||||||||
Portion of rental expense representative of interest | 19 | 20 | 37 | 40 | |||||||||||
Total fixed charges | $ | 161 | $ | 171 | $ | 327 | $ | 342 | |||||||
Earnings | |||||||||||||||
Income (loss) before income taxes | $ | 2 | $ | (7 | ) | $ | (38 | ) | $ | (50 | ) | ||||
Fixed charges per above | 161 | 171 | 327 | 342 | |||||||||||
Total earnings | $ | 163 | $ | 164 | $ | 289 | $ | 292 | |||||||
Ratio of earnings to fixed charges | 1.0 | * | * | * |
* | Earnings for the three months ended June 30, 2009 and for the six months ended June 30, 2008 and 2009 were inadequate to cover fixed charges by $7 million, $38 million and $50 million, respectively. |