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10-K - 10-K - Niska Gas Storage Partners LLCa2204499z10-k.htm
EX-32.1 - EX-32.1 - Niska Gas Storage Partners LLCa2204499zex-32_1.htm
EX-31.1 - EX-31.1 - Niska Gas Storage Partners LLCa2204499zex-31_1.htm
EX-32.2 - EX-32.2 - Niska Gas Storage Partners LLCa2204499zex-32_2.htm
EX-31.2 - EX-31.2 - Niska Gas Storage Partners LLCa2204499zex-31_2.htm

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Exhibit 12.1

 
  Niska   Niska Predecessor  
 
  Year Ended March 31,   Period from
May 12, 2006
to March 31,
2007
 
 
  2011   2010   2009   2008  

Earnings:

                               

Net earnings (loss) before income taxes

    27,403     121,149     96,949     44,965     41,358  

Less: capitalized interest

    (2,018 )   (574 )            
 

Total earnings

    25,385     120,575     96,949     44,965     41,358  

Fixed Charges:

                               

Interest and debt expense

    77,007     38,119     53,486     73,853     60,188  

Capitalized interest

    2,018     574              

Portion of rentals representing an interest factor

    1,079     653     490     573     293  
 

Total fixed charges

    80,104     39,346     53,976     74,426     60,481  

Earnings (deficit) available for (applied to) fixed charges

   
105,489
   
159,921
   
150,925
   
119,391
   
101,839
 

Ratio of earnings to fixed charges

   
1.3x
   
4.1x
   
2.8x
   
1.6x
   
1.7x
 



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