EX-12.1 6 dex121.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Computation of Ratio of Earnings to Fixed Charges

Exhibit 12.1

SunGard Capital Corp.

SunGard Capital Corp. II

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,  
     2010     2011     2010     2011  

Fixed charges

        

Interest expense

   $ 148      $ 120      $ 297      $ 247   

Amortization of debt issuance costs and debt discount

     11        10        22        20   

Portion of rental expense representative of interest

     20        20        40        39   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total fixed charges

   $ 179      $ 150      $ 359      $ 306   
  

 

 

   

 

 

   

 

 

   

 

 

 

Earnings

        

Income (loss) from continuing operations before income taxes

   $ (20   $ (21   $ (108   $ (96

Fixed charges per above

     179        150        359        306   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total earnings

   $ 159      $ 129      $ 251      $ 210   
  

 

 

   

 

 

   

 

 

   

 

 

 

Ratio of earnings to fixed charges

     *        *        *        *   

 

* Earnings for the three months ended June 30, 2010 and 2011 were inadequate to cover fixed charges by $20 million and $21 million, respectively. Earnings for the six months ended June 30, 2010 and 2011 were inadequate to cover fixed charges by $108 million and $96 million, respectively.