Exhibit 12.1
SunGard Data Systems Inc.
Computation of Ratio of Earnings to Fixed Charges (Unaudited)
($ in millions)
| Year Ended December 31, | ||||||||||||||||||||
| 2009 | 2010 | 2011 | 2012 | 2013 | ||||||||||||||||
Fixed charges | ||||||||||||||||||||
Interest expense | $ | 523 | $ | 525 | $ | 423 | $ | 325 | $ | 289 | ||||||||||
Amortization of debt issuance costs and debt discount | 42 | 43 | 40 | 36 | 37 | |||||||||||||||
Portion of rental expense representative of interest | 30 | 27 | 26 | 23 | 21 | |||||||||||||||
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Total fixed charges | $ | 595 | $ | 595 | $ | 489 | $ | 384 | $ | 347 | ||||||||||
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Earnings | ||||||||||||||||||||
Income (loss) from continuing operations before income taxes | $ | (311 | ) | $ | (559 | ) | $ | (221 | ) | $ | (92 | ) | $ | 72 | ||||||
Fixed charges per above | 595 | 595 | 489 | 384 | 347 | |||||||||||||||
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Total earnings | $ | 284 | $ | 36 | $ | 268 | $ | 292 | $ | 419 | ||||||||||
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Ratio of earnings to fixed charges | * | * | * | * | 1.2 | |||||||||||||||
| * | Earnings for the years ended December 31, 2009, 2010, 2011 and 2012 were inadequate to cover fixed charges by $311 million, $559 million, $221 million and $92 million, respectively. |