EX-12.1 3 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,  
     2008    2009     2008     2009  

Fixed charges

          

Interest expense

    $ 133    $ 141      $ 272      $ 282   

Amortization of debt issuance costs and debt discount

      9      10        18        20   

Portion of rental expense representative of interest

      19      20        37        40   
                               

Total fixed charges

    $ 161    $ 171      $ 327      $ 342   
                               

Earnings

          

Income (loss) before income taxes

    $ 2    $ (7 )    $ (38 )    $ (50 ) 

Fixed charges per above

      161      171        327        342   
                               

Total earnings

    $ 163    $ 164      $ 289      $ 292   
                               

Ratio of earnings to fixed charges

      1.0        *        *        * 

 

* Earnings for the three months ended June 30, 2009 and for the six months ended June 30, 2008 and 2009 were inadequate to cover fixed charges by $7 million, $38 million and $50 million, respectively.