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)

 

     Three Months Ended March 31,  
   2006     2007  

Fixed charges (a)

     

Interest expense

    $ 149     $ 156  

Amortization of debt issuance costs and debt discount

      8       9  

Portion of rental expense representative of interest

      15       16  
                

Total fixed charges

    $ 172     $ 181  
                

Earnings

     

Income (loss) before income taxes

    $ (77 )   $ (83 )

Fixed charges per above

      172       181  
                

Total earnings

    $ 95     $ 98  
                

Ratio of earnings to fixed charges

      *       *  
* Earnings for the three months ended March 31, 2006 and 2007 were inadequate to cover fixed charges by $77 million and $83 million, respectively.
(a) Fixed charges for 2007 excludes approximately $28 million of expense associated with the early retirement of the $400 million of senior floating rate notes due 2013.