EX-12.1 5 earningstofixed.htm RATIO OF EARNINGS TO FIXED CHARGES earningstofixed.htm

 
Exhibit 12.1.  Computation of Ratio of Earnings to Fixed Charges

Regency Energy Partners LP
  
Computation of Ratio of Earning to Fixed Charges
  
(in thousands, except ratio amounts)
  
(unaudited)
  
             
   
Three Months Ended
  
   
March 31, 2008
    
March 31, 2007
  
Earnings:
            
Income (loss) from continuing operations
   $ 10,348     $ (1,295 )
Add:
                
Interest expense
     15,406       14,885  
Portion of rent under long-term operating leases representative of an interest factor
     115       132  
Amortization of capitalized interest
     61       40  
Less:
                
Equity income
     -       (43 )
Total earnings available for fixed charges
   $ 25,930     $ 13,719  
                 
Fixed Charges:
                
Interest expense
   $ 15,406     $ 14,885  
Portion of rent under long-term operating leases representative of an interest factor
     115       132  
Capitalized interest
     369       128  
Total fixed charges
   $ 15,890     $ 15,145  
                 
                 
Ratio of earnings to fixed charges (x times) (1)
     1.63       -  
                 
(1) Earnings were insufficient to cover fixed charges by:
   $ -     $ 1,426