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. |