Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - PVR PARTNERS, L. P. | Financial_Report.xls |
| 10-Q - FORM 10-Q - PVR PARTNERS, L. P. | d322862d10q.htm |
| EX-32.1 - SECTION 906 CEO CERTIFICATION - PVR PARTNERS, L. P. | d322862dex321.htm |
| EX-31.2 - SECTION 302 CFO CERTIFICATION - PVR PARTNERS, L. P. | d322862dex312.htm |
| EX-32.2 - SECTION 906 CFO CERTIFICATION - PVR PARTNERS, L. P. | d322862dex322.htm |
| EX-31.1 - SECTION 302 CEO CERTIFICATION - PVR PARTNERS, L. P. | d322862dex311.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, |
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| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | |||||||||||||||||||
| Earnings |
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| Pre-tax income (loss) * |
$ | 28,098 | $ | 101,701 | $ | 60,148 | $ | 67,070 | $ | 101,460 | $ | (113,328 | ) | |||||||||||
| Fixed charges |
19,766 | 26,850 | 27,368 | 39,164 | 51,222 | 13,088 | ||||||||||||||||||
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| Total earnings |
$ | 47,864 | $ | 128,551 | $ | 87,516 | $ | 106,234 | $ | 152,682 | $ | (100,240 | ) | |||||||||||
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| Fixed Charges |
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| Interest expense |
$ | 18,896 | $ | 25,346 | $ | 24,878 | $ | 35,982 | $ | 47,630 | $ | 12,061 | ||||||||||||
| Rental interest factor |
870 | 1,504 | 2,490 | 3,182 | 3,592 | 1,027 | ||||||||||||||||||
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| Total fixed charges |
$ | 19,766 | $ | 26,850 | $ | 27,368 | $ | 39,164 | $ | 51,222 | $ | 13,088 | ||||||||||||
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| Ratio of earnings to fixed charges |
2.4x | 4.8x | 3.2x | 2.7x | 3.0x | ** | ||||||||||||||||||
| * | Includes cash distributions from equity affiliates and excludes equity earnings from affiliates. Also excludes capitalized interest. |
| ** | During the three months ended March 31, 2012, earnings were deficient by $100,240 regarding the ratio of earnings to fixed charges. |