EX-12.1 2 exhibit12-1.htm EXHIBIT 12-1 2Q 2008 exhibit12-1.htm

EXHIBIT 12.1


Alpha Natural Resources, Inc
Computation of Ratio of Earnings to Fixed Charges
(Amounts in thousands except ratio)
                 
 
Three Months Ended
  
Six Months Ended
  
 
June 30,
  
June 30,
  
 
2008
  
2007
  
2008
  
2007
  
Earnings:
                
Income from continuing operations before
                
income taxes and minority interest
 $ 81,887   $ 6,205   $ 115,296   $ 17,140  
Adjustments:
                        
Fixed charges
   32,423     11,151     43,372     22,360  
Loss from equity investees
   469     -     504     37  
Amortization of capitalized interest
   56     19     102     29  
Capitalized interest
   (203 )   (462 )   (604 )   (836 )
  $ 114,632   $ 16,913   $ 158,670   $ 38,730  
                         
Fixed Charges:
                        
Interest expense
 $ 17,097   $ 10,030   $ 27,184   $ 20,023  
Loss on early extinguishment of debt
   14,669     -     14,669     -  
Portion of rental expense representative of
                        
 interest
   454     659     915     1,501  
Capitalized interest
   203     462     604     836  
  $ 32,423   $ 11,151   $ 43,372   $ 22,360  
                         
Ratio of earnings to fixed charges
   3.54     1.52     3.66     1.73