EX-12.1 12 dex121.htm STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Statement of Computation of Ratio of Earnings to Fixed Charges

Exhibit 12.1

STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(UNAUDITED)

Sunoco Logistics Partners L.P.

 

     Six Months Ended
June 30, 2010
 

Fixed Charges:

  

Interest cost and debt expense

   $ 36,049   

Interest allocable to rental expense (a)

     1,216   
        

Total

   $ 37,265   
        

Earnings:

  

Income before income tax expense

   $ 93,981   

Equity in income of 50 percent or less owned affiliated companies

     (15,352

Dividends received from 50 percent or less owned affiliated companies

     8,857   

Fixed charges

     37,265   

Interest capitalized

     (1,964

Amortization of previously capitalized interest

     208   
        

Total

   $ 122,995   
        

Ratio of Earnings to Fixed Charges

     3.3   
        

 

(a) Represents one-third of the total operating lease rental expense which is that portion deemed to be interest.