Attached files
| file | filename |
|---|---|
| 10-K - Penn Virginia GP Holdings, L.P. | v175560_10k.htm |
| EX-32.2 - Penn Virginia GP Holdings, L.P. | v175560_ex32-2.htm |
| EX-31.1 - Penn Virginia GP Holdings, L.P. | v175560_ex31-1.htm |
| EX-31.2 - Penn Virginia GP Holdings, L.P. | v175560_ex31-2.htm |
| EX-32.1 - Penn Virginia GP Holdings, L.P. | v175560_ex32-1.htm |
| EX-23.1 - Penn Virginia GP Holdings, L.P. | v175560_ex23-1.htm |
| EX-21.1 - Penn Virginia GP Holdings, L.P. | v175560_ex21-1.htm |
Exhibit
12.1
Penn
Virginia GP Holdings, L.P.
Statement
of Computation of Ratio of Earnings to Fixed Charges Calculation
(in
thousands, except ratios)
|
2005
|
2006
|
2007
|
2008
|
2009
|
||||||||||||||||
|
Earnings
|
||||||||||||||||||||
|
Pre-tax
income*
|
$ | 22,038 | $ | 33,030 | $ | 28,098 | $ | 101,701 | $ | 60,148 | ||||||||||
|
Fixed
charges
|
14,351 | 19,783 | 19,766 | 26,850 | 27,368 | |||||||||||||||
|
Total
earnings
|
$ | 36,389 | $ | 52,813 | $ | 47,864 | $ | 128,551 | $ | 87,516 | ||||||||||
|
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
|
2.5 | x | 2.7 | x | 2.4 | x | 4.8 | x | 3.2 | x | ||||||||||
|
*
|
Includes
cash distributions from equity affiliates and excludes equity earnings
from affiliates. Also excludes
capitalized interest.
|