EX-11.1 2 a06-1935_1ex11d1.htm STATEMENT REGARDING COMPUTATION OF EARNINGS TO FIXED CHARGES

EXHIBIT 11.1

 

DUKE REALTY LIMITED PARTNERSHIP

EARNINGS TO FIXED CHARGES CALCULATION

(in thousands, except ratios)

 

 

 

December 31, 2005

 

 

 

 

 

Net income from continuing operations, less preferred distributions

 

$

102,653

 

 

Preferred distributions

 

 

46,479

 

 

Interest expense

 

 

120,369

 

 

Earnings before fixed charges

 

$

269,501

 

 

 

 

 

 

 

 

Interest expense

 

$

120,369

 

 

Interest costs capitalized

 

 

9,510

 

 

Total fixed charges

 

 

129,879

 

 

 

 

 

 

 

 

Preferred distributions

 

 

46,479

 

 

Total fixed charges and preferred distributions

 

$

176,358

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

 

2.08

 

 

 

 

 

 

 

 

Ratio of earnings to combined fixed charges and preferred distributions

 

 

1.53