EX-12.1 2 d232279dex121.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)

 

     Year Ended December 31,  
     2009     2010     2011  

Fixed charges

       

Interest expense

    $ 595      $ 596      $ 485   

Amortization of debt issuance costs and debt discount

      42        43        40   

Portion of rental expense representative of interest

      79        78        78   
  

 

 

    

 

 

    

 

 

  

Total fixed charges

    $ 716      $ 717      $ 603   
  

 

 

    

 

 

    

 

 

  

Earnings

       

Income (loss) from continuing operations before income taxes

    $ (1,301 )    $ (482 )    $ (191 ) 

Fixed charges per above

      716        717        603   
  

 

 

    

 

 

    

 

 

  

Total earnings

    $ (585 )    $ 235      $ 412   
  

 

 

    

 

 

    

 

 

  

Ratio of earnings to fixed charges

      *        *        *   

 

* Earnings for the years ended December 31, 2009, 2010 and 2011 were inadequate to cover fixed charges by $1,301 million, $482 million and $191 million, respectively.