Exhibit 12.1
Statement of Computation of Ratio of Earnings to Fixed Charges
(UNAUDITED)
(UNAUDITED)
Atlas Energy Resources, LLC
(amounts in thousands except ratios)
| December 31, | ||||
| 2007 | ||||
Earnings: | ||||
| Income before income tax expense | $ | 117,504 | ||
| Fixed charges | 33,153 | |||
| Minority interest | 32 | |||
| Loss from equity investee | 158 | |||
| Interest capitalized | (2,730 | ) | ||
| Amortization of previously capitalized interest | 191 | |||
| Total | $ | 148,308 | ||
Fixed Charges: | ||||
| Interest cost and debt expense | 30,096 | |||
Interest allocable to rental expense(1) | 327 | |||
| Interest capitalized | 2,730 | |||
| Total Fixed charges | $ | 33,153 | ||
Ratio of Earnings to Fixed Charges | 4.47 | x | ||
| (1) | Represents one-third of the total operating lease rental expense which is that portion deemed to be interest. |