Exhibit 12.1
SunGard Data Systems Inc.
Computation of Ratio of Earnings to Fixed Charges (Unaudited)
($ in millions)
Predecessor | Successor | |||||||||||||||||||||
Year ended | Year ended | Year ended | January 1 through August 10, 2005 | August 11 through December 31, 2005 | Year ended December 31, 2006 | |||||||||||||||||
Fixed charges | ||||||||||||||||||||||
Interest expense | $ | 10 | $ | 8 | $ | 28 | $ | 14 | $ | 228 | $ | 616 | ||||||||||
Amortization of debt issuance costs and debt discount | 3 | 3 | 1 | 3 | 20 | 40 | ||||||||||||||||
Portion of rental expense representative of interest | 42 | 50 | 57 | 38 | 25 | 61 | ||||||||||||||||
Total fixed charges | $ | 55 | $ | 61 | $ | 86 | $ | 55 | $ | 273 | $ | 717 | ||||||||||
Earnings | ||||||||||||||||||||||
Income (loss) before income taxes | $ | 543 | $ | 615 | $ | 761 | $ | 288 | $ | (62 | ) | $ | (139 | ) | ||||||||
Fixed charges per above | 55 | 61 | 86 | 55 | 273 | 717 | ||||||||||||||||
Total earnings | $ | 598 | $ | 676 | $ | 847 | $ | 343 | $ | 211 | $ | 578 | ||||||||||
Ratio of earnings to fixed charges | 10.9 | 11.1 | 9.8 | 6.2 | * | * | ||||||||||||||||
* | Earnings for the period August 11 through December 31, 2005 and for the year ended December 31, 2006 were inadequate to cover fixed charges by $62 million and $139 million, respectively. |