Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - SunGard | d923701d10q.htm |
| EX-32.2 - EX-32.2 - SunGard | d923701dex322.htm |
| EX-99.1 - EX-99.1 - SunGard | d923701dex991.htm |
| EX-32.1 - EX-32.1 - SunGard | d923701dex321.htm |
| EX-31.1 - EX-31.1 - SunGard | d923701dex311.htm |
| EX-31.2 - EX-31.2 - SunGard | d923701dex312.htm |
| EXCEL - IDEA: XBRL DOCUMENT - SunGard | Financial_Report.xls |
Exhibit 12.1
SunGard Capital Corp.
Computation of Ratio of Earnings to Fixed Charges (Unaudited)
($ in millions)
| Three Months Ended March 31, | ||||||||
| 2014 | 2015 | |||||||
| Fixed charges |
||||||||
| Interest expense |
$ | 68 | $ | 67 | ||||
| Amortization of debt issuance costs and debt discount |
7 | 4 | ||||||
| Portion of rental expense representative of interest |
4 | 5 | ||||||
| Undeclared preferred stock dividend of SunGard Capital Corp. II before income taxes (at effective rate) |
66 | 73 | ||||||
|
|
|
|
|
|||||
| Total fixed charges |
$ | 145 | $ | 149 | ||||
|
|
|
|
|
|||||
| Earnings |
||||||||
| Income (loss) from continuing operations before income taxes |
$ | (424 | ) | $ | 44 | |||
| Fixed charges per above |
145 | 149 | ||||||
|
|
|
|
|
|||||
| Total earnings |
$ | (279 | ) | $ | 193 | |||
|
|
|
|
|
|||||
| Ratio of earnings to fixed charges |
* | 1.3 | ||||||
| * | Earnings for the three months ended March 31, 2014 were inadequate to cover fixed charges by $424 million. |
SunGard Capital Corp. II
SunGard Data Systems Inc.
Computation of Ratio of Earnings to Fixed Charges (Unaudited)
($ in millions)
| Three Months Ended March 31, | ||||||||
| 2014 | 2015 | |||||||
| Fixed charges |
||||||||
| Interest expense |
$ | 68 | $ | 67 | ||||
| Amortization of debt issuance costs and debt discount |
7 | 4 | ||||||
| Portion of rental expense representative of interest |
4 | 5 | ||||||
|
|
|
|
|
|||||
| Total fixed charges |
$ | 79 | $ | 76 | ||||
|
|
|
|
|
|||||
| Earnings |
||||||||
| Income (loss) from continuing operations before income taxes |
$ | (424 | ) | $ | 44 | |||
| Fixed charges per above |
79 | 76 | ||||||
|
|
|
|
|
|||||
| Total earnings |
$ | (345 | ) | $ | 120 | |||
|
|
|
|
|
|||||
| Ratio of earnings to fixed charges |
* | 1.6 | ||||||
| * | Earnings for the three months ended March 31, 2014 were inadequate to cover fixed charges by $424 million. |