EX-12.1 4 a07-5503_1ex12d1.htm EX-12.1

EXHIBIT 12.1

DUKE REALTY LIMITED PARTNERSHIP

EARNINGS TO FIXED CHARGES CALCULATION

(in thousands, except ratios)

 

December 31, 2006

 

 

 

 

 

 

Net income from continuing operations, less preferred distributions

$

106,924

 

 

Preferred distributions

 

56,419

 

 

Interest expense

 

179,007

 

 

Earnings before fixed charges

$

342,350

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense

$

179,007

 

 

Interest costs capitalized

 

36,260

 

 

Total fixed charges

 

215,267

 

 

 

 

 

 

 

Preferred distributions

 

56,419

 

 

Total fixed charges and preferred distributions

$

271,686

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

1.59

 

 

 

 

 

 

 

Ratio of earnings to combined fixed charges and preferred distributions

 

1.26