Exhibit 12
SS&C Technologies Holdings, Inc.
Computation of Ratio of Earnings to Fixed Charges (Unaudited)
($ in thousands)
Computation of Ratio of Earnings to Fixed Charges (Unaudited)
($ in thousands)
Year Ended | Year Ended | Year Ended | Year Ended | Year Ended | ||||||||||||||||
December 31, | December 31, | December 31, | December 31, | December 31, | ||||||||||||||||
(in thousands, except ratios) | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||
Income (loss) before income taxes | $ | 44,447 | $ | 28,822 | $ | 25,947 | $ | 6,117 | $ | (2,714 | ) | |||||||||
Distributed income and (gains)/losses of equity investee | — | — | 2,137 | 295 | $ | (393 | ) | |||||||||||||
Interest expense and amortization of deferred financing costs | 30,582 | 36,891 | 41,539 | 45,463 | 47,427 | |||||||||||||||
Portion of rentals deemed to be a reasonable approximation of the interest factor | 3,493 | 2,821 | 2,711 | 2,629 | 2,642 | |||||||||||||||
Income available for fixed charges | $ | 78,522 | $ | 68,534 | $ | 72,334 | $ | 54,504 | $ | 46,962 | ||||||||||
Fixed Charges: | ||||||||||||||||||||
Interest expense and amortization of deferred financing costs | $ | 30,582 | $ | 36,891 | $ | 41,539 | $ | 45,463 | $ | 47,427 | ||||||||||
Portion of rentals deemed to be a reasonable approximation of the interest factor | 3,493 | 2,821 | 2,711 | 2,629 | 2,642 | |||||||||||||||
Total fixed charges | $ | 34,075 | $ | 39,712 | $ | 44,250 | $ | 48,092 | $ | 50,069 | ||||||||||
Ratio of earnings to fixed charges | 2.3 | 1.7 | 1.6 | 1.1 | * |
* | Earnings for the year ended December 31, 2006 were inadequate to cover fixed charges by $3.1 million. |