Exhibit 12.1
SunGard Data Systems Inc.
Computation of Ratio of Earnings to Fixed Charges (Unaudited)
($ in millions)
Predecessor | Successor | ||||||||
Period from January 1 through | Period from August 11 through September 30, 2005 | Nine Months Ended September 30, 2006 | |||||||
Fixed charges | |||||||||
Interest expense | $ | 14 | $ 82 | $ | 459 | ||||
Amortization of debt issuance costs and debt discount | 3 | 6 | 25 | ||||||
Portion of rental expense representative of interest | 38 | 8 | 44 | ||||||
Total fixed charges | $ | 55 | $ 96 | $ | 528 | ||||
Earnings | |||||||||
Income (loss) before income taxes | $ | 288 | $ (43) | $ | (147 | ) | |||
Fixed charges per above | 55 | 96 | 528 | ||||||
Total earnings | $ | 343 | $ 53 | $ | 381 | ||||
Ratio of earnings to fixed charges | 6.2 | * | * |
* | Earnings for the period from August 11 through September 30, 2005 and for the nine month period ended September 30, 2006 were inadequate to cover fixed charges by $43 million and $147 million, respectively. |
Predecessor | Successor | |||||||||
Period from July 1 through 2005 | Period from August 11 through September 30, 2005 | Three Months Ended September 30, 2006 | ||||||||
Fixed charges | ||||||||||
Interest expense | $ | 3 | $ 82 | $ | 157 | |||||
Amortization of debt issuance costs and debt discount | — | 6 | 8 | |||||||
Portion of rental expense representative of interest | 7 | 8 | 15 | |||||||
Total fixed charges | $ | 10 | $ 96 | $ | 180 | |||||
Earnings | ||||||||||
Loss before income taxes | $ | (37 | ) | $ (43) | $ | (29 | ) | |||
Fixed charges per above | 10 | 96 | 180 | |||||||
Total earnings (loss) | $ | (27 | ) | $ 53 | $ | 151 | ||||
Ratio of earnings to fixed charges | * | * | * |
* | Earnings for the period from July 1 through August 10, 2005, and for the period from August 11 through September 30, 2005 and for the three month period ended September 30, 2006 were inadequate to cover fixed charges by $37 million, $43 million and $29 million, respectively. |