EX-12.2 5 a06-21741_1ex12d2.htm EX-12.2

EXHIBIT 12.2

DUKE REALTY LIMITED PARTNERSHIP
EARNINGS TO DEBT SERVICE CALCULATIONS
(in thousands except ratios)

 

 

Nine Months

 

 

 

Ended September 30, 2006

 

Net income from continuing operations, less preferred distributions

 

$

56,988

 

Interest expense (excludes amortization of deferred financing fees)

 

127,740

 

Earnings before debt service

 

$

184,728

 

 

 

 

 

Interest expense (excludes amortization of deferred financing fees)

 

$

127,740

 

Recurring principal amortization

 

7,157

 

Total debt service

 

$

134,897

 

 

 

 

 

Ratio of earnings to debt service

 

1.37