EX-12.1 3 d324285dex121.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 March 31,  
     2011     2012  

Fixed charges

     

Interest expense

    $ 127      $ 110   

Amortization of debt issuance costs and debt discount

      10        12   

Portion of rental expense representative of interest

      19        18   
  

 

 

    

 

 

  

Total fixed charges

    $ 156      $ 140   
  

 

 

    

 

 

  

Earnings

     

Income (loss) from continuing operations before income taxes

    $ (89 )    $ (84 ) 

Fixed charges per above

      156        140   
  

 

 

    

 

 

  

Total earnings

    $ 67      $ 56   
  

 

 

    

 

 

  

Ratio of earnings to fixed charges

      *        *   

 

* Earnings for the three months ended March 31, 2011 and 2012 were inadequate to cover fixed charges by $89 million and $84 million, respectively.