EX-12.2 3 a07-25600_1ex12d2.htm EX-12.2

EXHIBIT 12.2

DUKE REALTY LIMITED PARTNERSHIP

EARNINGS TO DEBT SERVICE CALCULATIONS

(in thousands except ratios)

 

 

 

Nine Months Ended

 

 

 

September 30, 2007

 

 

 

 

 

Net income from continuing operations, less preferred distributions

 

$

53,680

 

Interest expense (excludes amortization of deferred financing fees)

 

116,776

 

Earnings before debt service

 

$

170,456

 

 

 

 

 

Interest expense (excludes amortization of deferred financing fees)

 

$

116,776

 

Recurring principal amortization

 

7,832

 

Total debt service

 

$

124,608

 

 

 

 

 

Ratio of earnings to debt service

 

1.37