EX-12.1 3 a08-2535_1ex12d1.htm EX-12.1

EXHIBIT 12.1

 

DUKE REALTY LIMITED PARTNERSHIP

EARNINGS TO FIXED CHARGES CALCULATION

(in thousands, except ratios)

 

 

 

December 31, 2007

 

 

 

 

 

 

Net income from continuing operations, less preferred distributions

 

$

107,511

 

 

Preferred distributions

 

 

58,292

 

 

Interest expense

 

 

168,358

 

 

Earnings before fixed charges

 

$

334,161

 

 

 

 

 

 

 

 

Interest expense

 

$

168,358

 

 

Interest costs capitalized

 

 

59,167

 

 

Total fixed charges

 

 

227,525

 

 

 

 

 

 

 

Preferred distributions

 

 

  58,292

 

 

Total fixed charges and preferred distributions

 

$

285,817

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

 

1.47

 

 

 

 

 

 

 

 

Ratio of earnings to combined fixed charges and preferred
distributions

 

 

1.17