Exhibit 12.1
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, | |
| | 2006 | | | 2007 | | | 2006 | | | 2007 | |
Fixed charges(a) | | | | | | | | | | | | | | | | |
Interest expense | | $ | 153 | | | $ | 150 | | | $ | 302 | | | $ | 306 | |
Amortization of debt issuance costs and debt discount | | | 8 | | | | 9 | | | | 16 | | | | 18 | |
Portion of rental expense representative of interest | | | 14 | | | | 20 | | | | 29 | | | | 36 | |
| | | | | | | | | | | | | | | | |
Total fixed charges | | $ | 175 | | | $ | 179 | | | $ | 347 | | | $ | 360 | |
| | | | | | | | | | | | | | | | |
Earnings | | | | | | | | | | | | | | | | |
Income (loss) before income taxes | | $ | (41 | ) | | $ | (24 | ) | | $ | (118 | ) | | $ | (107 | ) |
Fixed charges per above | | | 175 | | | | 179 | | | | 347 | | | | 360 | |
| | | | | | | | | | | | | | | | |
Total earnings | | $ | 134 | | | $ | 155 | | | $ | 229 | | | $ | 253 | |
| | | | | | | | | | | | | | | | |
Ratio of earnings to fixed charges | | | * | | | | * | | | | * | | | | * | |
* | Earnings for the three and six months ended June 30, 2006 and 2007 were inadequate to cover fixed charges by $41 million, $24 million, $118 million and $107 million, respectively. |
(a) | Fixed charges for the six months ended June 30, 2007 excludes approximately $28 million of expense associated with the early retirement of the $400 million of senior floating rate notes due 2013. |