Attached files
| file | filename |
|---|---|
| 10-K - PVR PARTNERS, L. P. | v175562_10k.htm |
| EX-23.1 - PVR PARTNERS, L. P. | v175562_ex23-1.htm |
| EX-31.1 - PVR PARTNERS, L. P. | v175562_ex31-1.htm |
| EX-31.2 - PVR PARTNERS, L. P. | v175562_ex31-2.htm |
| EX-32.2 - PVR PARTNERS, L. P. | v175562_ex32-2.htm |
| EX-21.1 - PVR PARTNERS, L. P. | v175562_ex21-1.htm |
| EX-32.1 - PVR PARTNERS, L. P. | v175562_ex32-1.htm |
Exhibit
12.1
Penn
Virginia Resource Partners, L.P.
Statement
of Computation of Ratio of Earnings to Fixed Charges Calculation
(in
thousands, except ratios)
|
Year
Ended December 31,
|
||||||||||||||||||||
|
2005
|
2006
|
2007
|
2008
|
2009
|
||||||||||||||||
|
Earnings
|
||||||||||||||||||||
|
Pre-tax
income *
|
$ | 52,430 | $ | 74,910 | $ | 55,552 | $ | 103,603 | $ | 62,452 | ||||||||||
|
Fixed
charges
|
14,351 | 19,783 | 19,766 | 26,850 | 27,368 | |||||||||||||||
|
Total
earnings
|
$ | 66,781 | $ | 94,693 | $ | 75,318 | $ | 130,453 | $ | 89,820 | ||||||||||
|
Fixed
Charges
|
||||||||||||||||||||
|
Interest
expense
|
$ | 14,053 | $ | 19,151 | $ | 18,896 | $ | 25,346 | $ | 24,878 | ||||||||||
|
Rental
interest factor
|
298 | 632 | 870 | 1,504 | 2,490 | |||||||||||||||
|
Total
fixed charges
|
$ | 14,351 | $ | 19,783 | $ | 19,766 | $ | 26,850 | $ | 27,368 | ||||||||||
|
Ratio
of earnings to fixed charges
|
4.7 | x | 4.8 | x | 3.8 | x | 4.9 | x | 3.3 | x | ||||||||||
|
*
|
Includes
cash distributions from equity affiliates and excludes equity earnings
from affiliates. Also interest.
|