EX-12.1 4 a06-21741_1ex12d1.htm EX-12.1

EXHIBIT 12.1

DUKE REALTY LIMITED PARTNERSHIP
EARNINGS TO FIXED CHARGES CALCULATION
(in thousands, except ratios)

 

 

Nine Months

 

 

 

Ended September 30, 2006

 

Net income from continuing operations, less preferred distributions

 

$

56,988

 

Preferred distributions

 

41,193

 

Interest expense

 

133,288

 

Earnings before fixed charges

 

$

231,469

 

 

 

 

 

Interest expense

 

$

133,288

 

Interest costs capitalized

 

24,567

 

Total fixed charges

 

$

157,855

 

 

 

 

 

Preferred distributions

 

41,193

 

Total fixed charges and preferred distributions

 

$

199,048

 

 

 

 

 

Ratio of earnings to fixed charges

 

1.47

 

 

 

 

 

Ratio of earnings to combined fixed charges and preferred distributions

 

1.16