EX-12.1 3 dex121.htm STATEMENT OF COMPUTATION OF RATIOS Statement of Computation of Ratios

Exhibit 12.1

Digital Realty Trust, Inc.

Statement of Computation of Ratios

 

     Three Months Ended March 31,
     2006    2005

Income before minority interests

    $ 6,918    $ 4,895

Interest

      11,388      8,121

Interest within rental expense

      60      20

Minority interests in consolidated joint ventures

      15      3
             

Earnings available to cover fixed charges

    $ 18,381    $ 13,039

Fixed charges:

      

Interest

    $ 11,388    $ 8,121

Interest within rental expense

      60      20

Capitalized interest

      762      —  
             
     12,210      8,141

Preferred stock dividends

      3,445      1,271
             

Fixed charges and preferred stock dividends

    $ 15,655    $ 9,412

Ratio of earnings to fixed charges

      1.51      1.60

Ratio of earnings to fixed charges and preferred stock dividends

      1.17      1.39