SUNGARD DATA SYSTEMS INC - FORM 10-K - EX-12.1 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - March 1, 2011

Attached files

file filename
10-K - FORM 10-K - SUNGARD DATA SYSTEMS INCd10k.htm
EX-10.18 - FIRST REFINANCING AMENDMENT - SUNGARD DATA SYSTEMS INCdex1018.htm
EX-10.40 - SUNGARD 2005 MANAGEMENT INCENTIVE PLAN, AS AMENDED - SUNGARD DATA SYSTEMS INCdex1040.htm
EX-31.2 - 302 CERTIFICATION - CHIEF FINANCIAL OFFICER - SUNGARD DATA SYSTEMS INCdex312.htm
EX-32.1 - 906 CERTIFICATION - CHIEF EXECUTIVE OFFICER - SUNGARD DATA SYSTEMS INCdex321.htm
EX-31.1 - 302 CERTIFICATION - CHIEF EXECUTIVE OFFICER - SUNGARD DATA SYSTEMS INCdex311.htm
EX-32.2 - 906 CERTIFICATION - CHIEF FINANCIAL OFFICER - SUNGARD DATA SYSTEMS INCdex322.htm
EX-21.1 - SUBSIDIARIES OF THE REGISTRANTS - SUNGARD DATA SYSTEMS INCdex211.htm
EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - SUNGARD DATA SYSTEMS INCdex231.htm

Exhibit 12.1

SunGard Capital Corp.

SunGard Capital Corp. II

SunGard Data Systems Inc.

Computation of Ratio of Earnings to Fixed Charges (Unaudited)

($ in millions)

 

     2006     2007      2008      2009      2010  

Fixed charges

              

Interest expense

    $ 616      $ 608       $ 561       $ 595       $ 596   

Amortization of debt issuance costs and debt discount

      40        37         37         42         43   

Portion of rental expense representative of interest

      62        69         74         81         79   
                                           

Total fixed charges

    $ 718      $ 714       $ 672       $ 718       $ 718   
                                           

Earnings

              

Income (loss) from continuing operations before income taxes

    $ (150 )(1)    $ (61 )     $ (41 )     $ (1,196 )     $ (419 ) 

Fixed charges per above

      718        714         672         718         718   
                                           

Total earnings

    $ 568 (1)    $ 653       $ 631       $ (478 )     $ 299   
                                           

Ratio of earnings to fixed charges

      *        *         *         *         *   

 

* Earnings for the years ended December 31, 2006, 2007, 2008, 2009 and 2010 were inadequate to cover fixed charges by $150 million, $61 million, $41 million, $1,196 million and $419 million, respectively.

 

(1) SCC’s income (loss) before operations and total earnings for 2006 were $(148) million and $570 million, respectively.

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