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 June 30,     Six Months Ended June 30,  
     2006     2007     2006     2007  

Fixed charges (a)

        

Interest expense

   $ 153     $ 150     $ 302     $ 306  

Amortization of debt issuance costs and debt discount

     8       9       16       18  

Portion of rental expense representative of interest

     14       20       29       36  
                                

Total fixed charges

   $ 175     $ 179     $ 347     $ 360  
                                

Earnings

        

Income (loss) before income taxes

   $ (41 )   $ (24 )   $ (118 )   $ (107 )

Fixed charges per above

     175       179       347       360  
                                

Total earnings

   $ 134     $ 155     $ 229     $ 253  
                                

Ratio of earnings to fixed charges

     *       *       *       *  

* Earnings for the three and six months ended June 30, 2006 and 2007 were inadequate to cover fixed charges by $41 million, $24 million, $118 million and $107 million, respectively.
(a) Fixed charges for the six months ended June 30, 2007 excludes approximately $28 million of expense associated with the early retirement of the $400 million of senior floating rate notes due 2013.