EX-12.1 5 w45550exv12w1.htm RATIOS OF EARNINGS TO FIXED CHARGES AND TO COMBINED FIXED CHARGES AND DIVIDEND REQUIREMENTS exv12w1
 

EXHIBIT 12.1
Statement of Computation of Ratio of Earnings to Fixed Charges
(UNAUDITED)
Atlas Energy Resources, LLC
(amounts in thousands except ratios)
         
    December 31,  
    2007  
Earnings:
        
Income before income tax expense
   $ 117,504  
Fixed charges
     33,153  
Minority interest
     32  
Loss from equity investee
     158  
Interest capitalized
     (2,730 )
Amortization of previously capitalized interest
     191  
 
      
Total
   $ 148,308  
 
      
 
        
Fixed Charges:
        
Interest cost and debt expense
     30,096  
Interest allocable to rental expense(1)
     327  
Interest capitalized
     2,730  
 
      
Total Fixed charges
   $ 33,153  
 
      
 
        
Ratio of Earnings to Fixed Charges
     4.47x  
 
      
 
(1)   Represents one-third of the total operating lease rental expense which is that portion deemed to be interest.