EX-12.1 8 c04178exv12w1.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,  
    2009     2010     2009     2010  
Fixed charges
                               
Interest expense
  $ 141     $ 148     $ 282     $ 297  
Amortization of debt issuance costs and debt discount
    10       11       20       22  
Portion of rental expense representative of interest
    20       19       40       39  
 
                       
 
                               
Total fixed charges
  $ 171     $ 178     $ 342     $ 358  
 
                       
 
                               
Earnings
                               
Income (loss) before income taxes
  $ (7 )   $ (19 )   $ (50 )   $ (104 )
 
                               
Fixed charges per above
    171       178       342       358  
 
                       
 
                               
Total earnings
  $ 164     $ 159     $ 292     $ 254  
 
                       
 
                               
Ratio of earnings to fixed charges
    *       *       *       *  
*   Earnings for the three months ended March 31, 2009 and 2010 and for the six months ended June 30, 2009 and 2010 were inadequate to cover fixed charges by $7 million, $19 million, $50 million and $104 million, respectively.