Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - SunGard | d84766d10q.htm |
| EX-31.1 - EX-31.1 - SunGard | d84766dex311.htm |
| EX-32.1 - EX-32.1 - SunGard | d84766dex321.htm |
| EX-31.2 - EX-31.2 - SunGard | d84766dex312.htm |
| EX-99.1 - EX-99.1 - SunGard | d84766dex991.htm |
| EX-32.2 - EX-32.2 - SunGard | d84766dex322.htm |
Exhibit 12.1
SunGard
Computation of Ratio of Earnings to Fixed Charges (Unaudited)
($ in millions)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||
| 2014 | 2015 | 2014 | 2015 | |||||||||||||
| Fixed charges |
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| Interest expense |
$ | 68 | $ | 68 | $ | 205 | $ | 203 | ||||||||
| Amortization of debt issuance costs and debt discount |
4 | 4 | 14 | 12 | ||||||||||||
| Portion of rental expense representative of interest |
5 | 4 | 15 | 13 | ||||||||||||
| Undeclared preferred stock dividend of SunGard Capital Corp. II before income taxes (at effective rate) |
84 | 44 | 170 | 155 | ||||||||||||
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| Total fixed charges |
$ | 161 | $ | 120 | $ | 404 | $ | 383 | ||||||||
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| Earnings |
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| Income (loss) from continuing operations before income taxes |
$ | 22 | $ | 48 | $ | (397 | ) | $ | 131 | |||||||
| Fixed charges per above |
161 | 120 | 404 | 383 | ||||||||||||
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| Total earnings |
$ | 183 | $ | 168 | $ | 7 | $ | 514 | ||||||||
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| Ratio of earnings to fixed charges |
1.1 | 1.4 | * | 1.3 | ||||||||||||
| * | Earnings for the nine months ended September 30, 2014 were inadequate to cover fixed charges by $397 million. |
SunGard Capital Corp. II
SunGard Data Systems Inc.
Computation of Ratio of Earnings to Fixed Charges (Unaudited)
($ in millions)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||
| 2014 | 2015 | 2014 | 2015 | |||||||||||||
| Fixed charges |
||||||||||||||||
| Interest expense |
$ | 68 | $ | 68 | $ | 205 | $ | 203 | ||||||||
| Amortization of debt issuance costs and debt discount |
4 | 4 | 14 | 12 | ||||||||||||
| Portion of rental expense representative of interest |
5 | 4 | 15 | 13 | ||||||||||||
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| Total fixed charges |
$ | 77 | $ | 76 | $ | 234 | $ | 228 | ||||||||
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| Earnings |
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| Income (loss) from continuing operations before income taxes |
$ | 22 | $ | 48 | $ | (397 | ) | $ | 131 | |||||||
| Fixed charges per above |
77 | 76 | 234 | 228 | ||||||||||||
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| Total earnings |
$ | 99 | $ | 124 | $ | (163 | ) | $ | 359 | |||||||
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| Ratio of earnings to fixed charges |
1.3 | 1.6 | * | 1.6 | ||||||||||||
| * | Earnings for the nine months ended September 30, 2014 were inadequate to cover fixed charges by $397 million. |