PVR PARTNERS, L. P. - FORM 10-Q - EX-12.1 - STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES CALCULATION - April 29, 2011

Attached files

file	filename
10-Q - PENN VIRGINIA RESOURCE PARTNERS, L.P. - PVR PARTNERS, L. P.	d10q.htm
EX-32.1 - SECTION 906 CEO CERTIFICATION - PVR PARTNERS, L. P.	dex321.htm
EX-31.1 - SECTION 302 CEO CERTIFICATION - PVR PARTNERS, L. P.	dex311.htm
EX-31.2 - SECTION 302 CFO CERTIFICATION - PVR PARTNERS, L. P.	dex312.htm
EX-32.2 - SECTION 906 CFO CERTIFICATION - PVR PARTNERS, L. P.	dex322.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,																				Three Months Ended March 31
		2006				2007				2008				2009				2010				2011
Earnings
Pre-tax income *		$	33,030			$	28,098			$	101,701			$	60,148			$	67,070			$	10,363
Fixed charges			19,783				19,766				26,850				27,368				39,164				11,883

Total earnings		$	52,813			$	47,864			$	128,551			$	87,516			$	106,234			$	22,246


Fixed Charges
Interest expense		$	19,151			$	18,896			$	25,346			$	24,878			$	35,982			$	11,158
Rental interest factor			632				870				1,504				2,490				3,182				725

Total fixed charges		$	19,783			$	19,766			$	26,850			$	27,368			$	39,164			$	11,883


Ratio of earnings to fixed charges			2.7x				2.4x				4.8x				3.2x				2.7x				1.9x

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