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. |