Exhibit 12.1
SunGard Data Systems Inc.
Computation of Ratio of Earnings to Fixed Charges (Unaudited)
($ in millions)
Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||
2006 | 2007 | 2006 | 2007 | |||||||||||||
Fixed charges(a) | ||||||||||||||||
Interest expense | $ | 157 | $ | 152 | $ | 459 | $ | 458 | ||||||||
Amortization of debt issuance costs and debt discount | 9 | 10 | 25 | 28 | ||||||||||||
Portion of rental expense representative of interest | 15 | 17 | 44 | 53 | ||||||||||||
Total fixed charges | $ | 181 | $ | 179 | $ | 528 | $ | 539 | ||||||||
Earnings | ||||||||||||||||
Income (loss) before income taxes | $ | (29 | ) | $ | (4 | ) | $ | (147 | ) | $ | (111 | ) | ||||
Fixed charges per above | 181 | 179 | 528 | 539 | ||||||||||||
Total earnings | $ | 152 | $ | 175 | $ | 381 | $ | 428 | ||||||||
Ratio of earnings to fixed charges | * | * | * | * |
* | Earnings for the three and nine months ended September 30, 2006 and 2007 were inadequate to cover fixed charges by $29 million, $4 million, $147 million and $111 million, respectively. |
(a) | Fixed charges for the nine months ended September 30, 2007 excludes approximately $28 million of expense associates with the early retirement of the $400 million of senior floating rate notes due 2013. |