EX-12.1 2 dex121.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Computation of Ratio of Earnings to Fixed Charges

Exhibit 12.1

 

STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(UNAUDITED)

 

Sunoco Logistics Partners L.P.

 

    

Nine Months Ended

September 30, 2005

  

Fixed Charges:

         

Interest cost and debt expense

    $ 16,446  

Interest allocable to rental expense (a)

      1,115  
    

Total

    $ 17,561  
    

Earnings:

         

Income before income tax expense

    $ 48,159  

Equity in income of less than 50 percent owned affiliated companies

      (10,829 )

Dividends received from less than 50 percent owned affiliated companies

      9,147  

Fixed charges

      17,561  

Interest capitalized

      (500 )

Amortization of previously capitalized interest

      107  
    

Total

    $ 63,645  
    

Ratio of Earnings to Fixed Charges

      3.62  
    

 

(a) Represents one-third of the total operating lease rental expense which is that portion deemed to be interest.