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 September 30, | Nine Months Ended September 30, | |||||||||||||||
| 2010 | 2011 | 2010 | 2011 | |||||||||||||
Fixed charges | ||||||||||||||||
Interest expense | $ | 150 | $ | 120 | $ | 446 | $ | 366 | ||||||||
Amortization of debt issuance costs and debt discount | 10 | 10 | 33 | 29 | ||||||||||||
Portion of rental expense representative of interest | 19 | 20 | 58 | 59 | ||||||||||||
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Total fixed charges | $ | 179 | $ | 150 | $ | 537 | $ | 454 | ||||||||
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Earnings | ||||||||||||||||
Income (loss) from continuing operations before income taxes | $ | (287 | ) | $ | (68 | ) | $ | (440 | ) | $ | (208 | ) | ||||
Fixed charges per above | 179 | 150 | 537 | 454 | ||||||||||||
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Total earnings | $ | (108 | ) | $ | 82 | $ | 97 | $ | 246 | |||||||
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Ratio of earnings to fixed charges | * | * | * | * | ||||||||||||
| * | Earnings for the three months ended September 30, 2010 and 2011 were inadequate to cover fixed charges by $287 million and $68 million, respectively. Earnings for the nine months ended September 30, 2010 and 2011 were inadequate to cover fixed charges by $440 million and $208 million, respectively. |
