EX-11.1 3 a06-9507_1ex11d1.htm EX-11.1

EXHIBIT 11.1

 

DUKE REALTY LIMITED PARTNERSHIP

EARNINGS TO FIXED CHARGES CALCULATION

(in thousands, except ratios)

 

 

 

Three Months

 

 

 

Ended March 31, 2006

 

 

 

 

 

Net income from continuing operations, less preferred distributions

 

$

15,285

 

Preferred distributions

 

12,712

 

Interest expense

 

38,655

 

Earnings before fixed charges

 

$

66,652

 

 

 

 

 

Interest expense

 

$

38,655

 

Interest costs capitalized

 

5,580

 

Total fixed charges

 

$

44,235

 

 

 

 

 

Preferred distributions

 

12,712

 

Total fixed charges and preferred distribution

 

$

56,947

 

 

 

 

 

Ratio of earnings to fixed charges

 

1.51

 

 

 

 

 

Ratio of earnings to combined fixed charges and preferred distributions

 

1.17