PVR PARTNERS, L. P. - FORM 10-K - EX-12.1 - STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES CALCULATION - February 24, 2011

Attached files

file	filename
10-K - PENN VIRGINIA RESOURCE PARTNERS, L.P. - FORM 10-K - PVR PARTNERS, L. P.	d10k.htm
EX-21.1 - SUBSIDIARIES OF PENN VIRGINIA RESOURCE PARTNERS, L.P. - PVR PARTNERS, L. P.	dex211.htm
EX-32.1 - SECTION 906 CEO CERTIFICATION - PVR PARTNERS, L. P.	dex321.htm
EX-31.2 - SECTION 302 CFO CERTIFICATION - PVR PARTNERS, L. P.	dex312.htm
EX-23.1 - CONSENT OF KPMG LLP - PVR PARTNERS, L. P.	dex231.htm
EX-31.1 - SECTION 302 CEO CERTIFICATION - PVR PARTNERS, L. P.	dex311.htm
EX-32.2 - SECTION 906 CFO CERTIFICATION - PVR PARTNERS, L. P.	dex322.htm
EX-10.19 - PENN VIRGINIA RESOURCE GP, LLC NON-EMPLOYEE DIRECTOR COMPENSATORY SUMMARY SHEET - PVR PARTNERS, L. P.	dex1019.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,
		2006				2007				2008				2009				2010
Earnings
Pre-tax income *		$	74,910			$	55,552			$	103,603			$	62,452			$	71,341
Fixed charges			19,783				19,766				26,850				27,368				39,164

Total earnings		$	94,693			$	75,318			$	130,453			$	89,820			$	110,505


Fixed Charges
Interest expense		$	19,151			$	18,896			$	25,346			$	24,878			$	35,982
Rental interest factor			632				870				1,504				2,490				3,182

Total fixed charges		$	19,783			$	19,766			$	26,850			$	27,368			$	39,164


Ratio of earnings to fixed charges			4.8x				3.8x				4.9x				3.3x				2.8x

*	Includes cash distributions from equity affiliates and excludes equity earnings from affiliates. Also excludes capitalized interest.