EX-12.1 2 d66485exv12w1.htm EX-12.1 exv12w1
Exhibit 12.1
ENCORE ACQUISITION COMPANY
RATIOS OF EARNINGS TO FIXED CHARGES
(in thousands, except ratios)
                                 
    Three months ended December 31,     Year ended December 31,  
    2008     2007     2008     2007  
Income before income taxes and minority interest
   $ 390,085     $ 27,923     $ 726,685     $ 24,153  
Add fixed charges:
                                
Interest expense
     18,504       20,664       73,173       88,704  
Rental expense attributable to interest
     583       408       1,943       1,831  
 
                        
Total fixed charges
     19,087       21,072       75,116       90,535  
 
                        
Adjusted earnings
   $ 409,172     $ 48,995     $ 801,801     $ 114,688  
 
                        
 
                                
Ratio of earnings to fixed charges
     21.4       2.3       10.7       1.3