EX-12.1 5 file002.htm COMPUT. OF THE RATIO OF EARNINGS TO FIXED CHARGES

Exhibit 12.1

Suburban Propane Partners, L.P.
Computation of the Ratio of Earnings to Fixed Charges
(Dollars in thousands)


  Year Ended Six Months Ended
  September 30,
2000
September 29,
2001
September 28,
2002
September 27,
2003
September 25,
2004
March 27,
2004
March 26,
2005
Income Before Provision for Income Taxes $ 41,872   $ 54,246   $ 54,224   $ 46,221   $ 28,947   $ 98,009   $ 89,580  
Fixed Charges:
Interest Expense (including amortization of debt issue costs)   42,703     40,010     35,925     33,963     41,261     20,556     20,578  
Rental Expense   6,368     7,785     8,002     8,112     9,105     4,063     4,564  
Total Fixed Charges   49,071     47,795     43,927     42,075     50,366     24,619     25,142  
Income Before Provision for Income Taxes plus Fixed Charges $ 90,943   $ 102,041   $ 98,151   $ 88,296   $ 79,313   $ 122,628   $ 114,722  
Ratio of Earnings to Fixed Charges (a)   1.85     2.13     2.23     2.10     1.57     4.98     4.56  
(a) For purposes of determining the ratio of earnings to fixed charges, earnings are defined as income from continuing operations before income taxes plus fixed charges. Fixed charges consist of interest expense, including amortization of debt issuance costs and that portion of rental expenses on operating leases that management considers to be a reasonable approximation of interest.