Exhibit 12.1
Earnings to Fixed Charges Ratio 2006-2010
AmeriGas Partners, L.P.
Computation of Ratio of Earnings to Fixed Charges
(thousands of dollars)
| Year Ended September 30, | ||||||||||||||||||||
| 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
Earnings: | ||||||||||||||||||||
Income before income taxes | $ | 170,759 | $ | 230,203 | $ | 161,978 | $ | 194,243 | $ | 92,883 | ||||||||||
Add: Interest expense | 65,106 | 70,340 | 72,886 | 71,487 | 74,094 | |||||||||||||||
Amortization of capitalized interest | 85 | — | — | — | — | |||||||||||||||
Estimated interest component of rental expense | 18,171 | 18,092 | 18,608 | 18,781 | 17,695 | |||||||||||||||
| $ | 254,121 | $ | 318,635 | $ | 253,472 | $ | 284,511 | $ | 184,672 | |||||||||||
Fixed Charges: | ||||||||||||||||||||
Interest expense | $ | 65,106 | $ | 70,340 | $ | 72,886 | $ | 71,487 | $ | 74,094 | ||||||||||
Capitalized interest | 852 | 744 | — | — | — | |||||||||||||||
Estimated interest component of rental expense | 18,171 | 18,092 | 18,608 | 18,781 | 17,695 | |||||||||||||||
| $ | 84,129 | $ | 89,177 | $ | 91,494 | $ | 90,268 | $ | 91,789 | |||||||||||
Ratio of earnings to fixed charges | 3.02 | 3.57 | 2.77 | 3.15 | 2.01 | |||||||||||||||
