EX-12.1 2 d64840a1exv12w1.htm EX-12.1 exv12w1
Ex. 12.1
Syntroleum Corporation
Ratio of Earnings to Fixed Charges
                                         
                             
    2008     2007     2006     2005     2004  
Deficiency of earnings to fixed charges
     (5,448 )     (10,550 )     (28,070 )     (21,837 )     (22,162 )
Earnings available for fixed charges
     (5,448 )     (10,550 )     (28,070 )     (21,837 )     (22,162 )
Income from continuing operations before minority interests and income taxes
     (5,448 )     (10,550 )     (28,070 )     (21,837 )     (22,162 )
Plus fixed charges
                                        
interest expense
                                        
capitalized interest
                                        
amortized premiums
                                        
discounts
     —       —       —       —       —  
capitalized expenses related to indebtedness
     —       —       —       —       —  
estimate of the interest within rental expense
                                        
Plus amortization of capitalized interest Plus distributed earnings of unconsolidated joint ventures and amortization of capitalized interest
     —       —       —       —       —  
Less capitalized interest and undistributed equity in earnings of joint ventures
     (424 )     (340 )     —       —       —  
Pro forma deficiency of earnings to fixed charges
     (5,872 )     (10,890 )     (28,070 )     (21,837 )     (22,162 )