EX-12 3 c52814exv12.htm EX-12 exv12
Exhibit 12
PEABODY ENERGY CORPORATION
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(IN MILLIONS)
                                                 
    Year     Year     Year     Year     Year     Six Months  
    Ended     Ended     Ended     Ended     Ended     Ended  
    December 31, 2004     December 31, 2005     December 31, 2006     December 31, 2007     December 31, 2008     June 30, 2009  
Income from Continuing Operations Before Income Taxes
  $ 183.0     $ 342.7     $ 484.8     $ 364.0     $ 1,175.8     $ 335.3  
Interest Expense
    90.9       98.0       139.1       235.8       227.2       99.3  
Interest Portion of Rental Expense
    23.2       22.8       22.9       30.4       30.8       17.1  
 
                                   
Adjusted Earnings
  $ 297.1     $ 463.5     $ 646.8     $ 630.2     $ 1,433.8     $ 451.7  
 
                                   
Interest Expense
  $ 90.9     $ 98.0     $ 139.1     $ 235.8     $ 227.2     $ 99.3  
Interest Portion of Rental Expense
    23.2       22.8       22.9       30.4       30.8       17.1  
 
                                   
Adjusted Fixed Charges
  $ 114.1     $ 120.8     $ 162.0     $ 266.2     $ 258.0     $ 116.4  
 
                                   
Ratio of Earnings to Fixed Charges
    2.60       3.84       3.99       2.37       5.56       3.88