EX-12.1 2 a06-15406_1ex12d1.htm EX-12

EXHIBIT 12.1

DUKE REALTY LIMITED PARTNERSHIP
EARNINGS TO FIXED CHARGES CALCULATION
(in thousands, except ratios)

 

 

Six Months
Ended June 30, 2006

 

Net income from continuing operations, less preferred distributions

 

$

31,708

 

Preferred distributions

 

25,967

 

Interest expense

 

83,757

 

Earnings before fixed charges

 

$

141,432

 

 

 

 

 

Interest expense

 

$

83,757

 

Interest costs capitalized

 

15,129

 

Total fixed charges

 

$

98,886

 

 

 

 

 

Preferred dividends

 

25,967

 

Total fixed charges and preferred distributions

 

$

124,853

 

 

 

 

 

Ratio of earnings to fixed charges

 

1.43

 

 

 

 

 

Ratio of earnings to combined fixed charges and preferred distributions

 

1.13