Exhibit 12.1
Statement of Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
Atlas Pipeline Partners, L.P.
Nine months ended | ||||||||||||||||
September 30, | Years ended December 31, | |||||||||||||||
2005 | 2004 | 2005 | 2004 | 2003 | 2002 | 2001 | ||||||||||
Earnings: | ||||||||||||||||
Income before income tax expense | 14,893 | 7,224 | 25,752 | 18,334 | 9,639 | 5,398 | 8,556 | |||||||||
Fixed charges | 8,921 | 1,388 | 14,773 | 2,575 | 341 | 317 | 239 | |||||||||
Total | 23,814 | 8,612 | 40,525 | 20,909 | 9,980 | 5,715 | 8,795 | |||||||||
Fixed Charges: | ||||||||||||||||
Interest cost and debt expense | 8,478 | 1,202 | 14,175 | 2,301 | 258 | 250 | 176 | |||||||||
Interest allocable to rental expense (1) | 443 | 186 | 675 | 274 | 83 | 67 | 63 | |||||||||
Interest capitalized | — | — | (77 | ) | — | — | — | — | ||||||||
Amortization of previously capitalized interest | — | — | — | — | — | — | — | |||||||||
Total | 8,921 | 1,388 | 14,773 | 2,575 | 341 | 317 | 239 | |||||||||
Ratio of Earnings to Fixed Charges | 2.7 | 6.2 | 2.7 | 8.1 | 29.3 | 18.0 | 36.8 | |||||||||