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EX-32 - EX-32 - MARKWEST ENERGY PARTNERS L Pa15-6919_1ex32.htm
EX-31.2 - EX-31.2 - MARKWEST ENERGY PARTNERS L Pa15-6919_1ex31d2.htm
EX-31.1 - EX-31.1 - MARKWEST ENERGY PARTNERS L Pa15-6919_1ex31d1.htm
EXCEL - IDEA: XBRL DOCUMENT - MARKWEST ENERGY PARTNERS L PFinancial_Report.xls
10-Q - 10-Q - MARKWEST ENERGY PARTNERS L Pa15-6919_110q.htm

Exhibit 12.1

 

MarkWest Energy Partners, L.P.

Calculation of Ratio of Earnings to Fixed Charges

(Dollar amounts in thousands)

 

 

 

2010

 

2011

 

2012

 

2013

 

2014

 

2015
(through
March 31,
2015)

 

Total fixed charges

 

$

120,697

 

$

123,879

 

$

157,323

 

$

200,852

 

$

206,759

 

$

58,425

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings from continuing operations before income taxes

 

$

31,757

 

$

118,449

 

$

255,293

 

$

53,114

 

$

202,522

 

$

1,400

 

Add:

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges

 

120,697

 

123,879

 

157,323

 

200,852

 

206,759

 

58,425

 

Amortization of capitalized interest

 

1,583

 

1,639

 

2,942

 

4,694

 

6,099

 

6,376

 

Cash distributions from equity method investments

 

8,448

 

4,382

 

8,416

 

6,370

 

12,459

 

14,938

 

Income from equity method investments

 

3,823

 

158

 

2,328

 

1,422

 

(4,477

)

512

 

Subtract:

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest capitalized

 

(2,766

)

(1,121

)

(26,061

)

(35,053

)

(28,088

)

(5,556

)

Total earnings

 

$

163,542

 

$

247,386

 

$

400,241

 

$

231,399

 

$

395,274

 

$

76,095

 

Ratio

 

1.35

 

2.00

 

2.54

 

1.15

 

1.91

 

1.30