EX-12.2 4 a08-2535_1ex12d2.htm EX-12.2

EXHIBIT 12.2

 

DUKE REALTY LIMITED PARTNERSHIP

EARNINGS TO DEBT SERVICE CALCULATIONS

(in thousands, except ratios)

 

 

 

 

December 31, 2007

 

 

 

 

 

 

Net income from continuing operations, less preferred distributions

 

$

107,511

 

 

Interest expense (excludes amortization of deferred financing fees)

 

 

157,400

 

 

Earnings before debt service

 

$

264,911

 

 

 

 

 

 

 

 

 

Interest expense (excludes amortization of deferred financing fees)

 

$

157,400

 

 

Recurring principal amortization

 

 

    9,995

 

 

Total debt service

 

$

167,395

 

 

 

 

 

 

 

 

Ratio of earnings to debt service

 

 

1.58