EX-12.1 2 a2202159zex-12_1.htm EX-12.1
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Exhibit 12.1

MarkWest Energy Partners, L.P.
Calculation of Earnings to Fixed Charges
(Dollar amounts in thousands)

 
  Year ended December 31,  
 
  2006   2007   2008   2009   2010  

Total fixed charges

  $ 54,153   $ 49,191   $ 86,559   $ 112,981   $ 120,711  
                       

Earnings:

                               

Earnings from continuing operations before income taxes

  $ 74,498   $ (59,155 ) $ 273,602   $ (155,370 ) $ 34,291  

Add:

                               
 

Fixed charges

    54,153     49,191     86,559     112,981     120,711  
 

Amortization of capitalized interest

    255     478     1,110     1,444     1,583  
 

Cash distributions from equity method investments

        10,840     445         2,508  
 

Income from equity method investments

    (5,316 )   (5,309 )   (90 )   (3,505 )   (1,562 )

Subtract:

                               
 

Interest capitalized

    (900 )   (3,344 )   (9,486 )   (12,228 )   (2,766 )
                       

Total earnings

  $ 122,690   $ (7,299 ) $ 352,140   $ (56,678 ) $ 154,765  
                       

Ratio

    2.27     (0.15 )   4.07     (0.50 )   1.28  
                       



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MarkWest Energy Partners, L.P. Calculation of Earnings to Fixed Charges (Dollar amounts in thousands)