EX-11.1 3 j3259_ex11d1.htm EX-11.1 EXHIBIT 11

EXHIBIT 11.1

DUKE REALTY LIMITED PARTNERSHIP

EARNINGS TO FIXED CHARGES CALCULATION

(in thousands)

 

 

 

DECEMBER 31,

 

 

 

2001

 

Consolidated net income  available for common units

 

$

262,430

 

Dividends on preferred shares

 

60,850

 

Gain on land and depreciated property sales

 

(45,708

)

Interest expense

 

113,830

 

earnings before fixed charges

 

$

391,402

 

 

 

 

 

Interest expense

 

$

113,830

 

Dividends on preferred shares

 

60,850

 

Interest costs capitalized

 

25,859

 

total fixed charges

 

$

200,539

 

 

 

 

 

Fixed charge ratio

 

1.95