EX-11.1 2 a05-12902_1ex11d1.htm EX-11.1

EXHIBIT 11.1

 

DUKE REALTY LIMITED PARTNERSHIP

EARNINGS TO FIXED CHARGES CALCULATION

(in thousands)

 

 

 

Six Months

 

 

 

Ended June 30, 2005

 

 

 

 

 

Net income from continuing operations, less preferred distributions

 

$

62,420

 

Preferred distributions

 

23,240

 

Interest expense

 

70,835

 

Earnings before fixed charges

 

$

156,495

 

 

 

 

 

Interest expense

 

$

70,835

 

Interest costs capitalized

 

3,554

 

Total fixed charges

 

$

74,389

 

 

 

 

 

Preferred distributions

 

23,240

 

Total fixed charges and preferred distributions

 

$

97,629

 

 

 

 

 

Ratio of earnings to fixed charges

 

2.10

 

 

 

 

 

Ratio of earnings to combined fixed charges and preferred distributions

 

1.60