EX-12.2 5 a07-5503_1ex12d2.htm EX-12.2

EXHIBIT 12.2

DUKE REALTY LIMITED PARTNERSHIP

EARNINGS TO DEBT SERVICE CALCULATIONS

(in thousands, except ratios)

December 31, 2006

 

 

 

 

 

 

Net income from continuing operations, less preferred distributions

$

106,924

 

 

Interest expense (excludes amortization of deferred financing fees)

 

171,092

 

 

Earnings before debt service

$

278,016

 

 

 

 

 

 

 

Interest expense (excludes amortization of deferred financing fees)

$

171,092

 

 

Recurring principal amortization

 

9,734

 

 

Total debt service

$

180,826

 

 

 

 

 

 

 

Ratio of earnings to debt service

 

1.54