Exhibit 12.1
SunGard Data Systems Inc.
Computation of Ratio of Earnings to Fixed Charges (Unaudited)
($ in millions)
| | | | | | | | |
| | Three Months Ended March 31, | |
| 2006 | | | 2007 | |
Fixed charges(a) | | | | | | | | |
Interest expense | | $ | 149 | | | $ | 156 | |
Amortization of debt issuance costs and debt discount | | | 8 | | | | 9 | |
Portion of rental expense representative of interest | | | 15 | | | | 16 | |
| | | | | | | | |
Total fixed charges | | $ | 172 | | | $ | 181 | |
| | | | | | | | |
Earnings | | | | | | | | |
Income (loss) before income taxes | | $ | (77 | ) | | $ | (83 | ) |
Fixed charges per above | | | 172 | | | | 181 | |
| | | | | | | | |
Total earnings | | $ | 95 | | | $ | 98 | |
| | | | | | | | |
Ratio of earnings to fixed charges | | | * | | | | * | |
* | Earnings for the three months ended March 31, 2006 and 2007 were inadequate to cover fixed charges by $77 million and $83 million, respectively. |
(a) | Fixed charges for 2007 excludes approximately $28 million of expense associated with the early retirement of the $400 million of senior floating rate notes due 2013. |