EX-12.8 14 0014.txt CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES Coral Reserves Natural Gas Income Fund 1993 Limited Partnership Calculation of Ratio of Earnings to Fixed Charges
Three months ended Years ended December 31, March 31, ------------------------ --------- 1995 1996 1997 1998 1999 1999 2000 -------- --------- --------- ------- -------- ------- -------- Earnings -------- Pre-tax Income 497,949 979,697 997,534 38,134 565,435 73,870 176,106 Add: Interest Expense - 38,018 31,582 42,900 40,682 11,737 11,021 -------- --------- --------- ------- -------- ------- -------- 497,949 1,017,715 1,029,116 81,034 606,117 85,607 187,127 Fixed Charges ------------- Interest Expense - 38,018 31,582 42,900 40,682 11,737 11,021 -------- --------- --------- ------- -------- ------- -------- Ratio of earnings to fixed charges (1) 26.8:1 32.6:1 1.9:1 14.9:1 7.3:1 17.0:1
(1) Not applicable since CR93 incurred no interest expense or other fixed charges