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

SunGard Data Systems Inc.

Computation of Ratio of Earnings to Fixed Charges (Unaudited)

($ in millions)

 

     Predecessor    Successor     Predecessor    Successor  
    

Six Months

Ended
June 30,

2005

   

Six Months
Ended
June 30,

2006

    

Three Months
Ended
June 30,

2005

   

Three Months
Ended
June 30,

2006

  

Fixed charges

           

Interest expense

    $ 14    $ 302     $ 7    $ 153  

Amortization of debt issuance costs and debt discount

      —        16       —        8  

Portion of rental expense representative of interest

      31      29       13      14  
                              

Total fixed charges

    $ 45    $ 347     $ 20    $ 175  
                              

Earnings

           

Income (loss) before income taxes

    $ 325    $ (118 )   $ 173    $ (41 )

Fixed charges per above

      45      347       20      175  
                              

Total earnings

    $ 370    $ 229     $ 193    $ 134  
                              

Ratio of earnings to fixed charges

      8.2      *       9.7      *  

 

* Earnings for the six and three month periods ended June 30, 2006 were inadequate to cover fixed charges by $118 million and $41 million, respectively.