EX-12.1 2 a11-27411_1ex12d1.htm EX-12.1

Exhibit 12.1

 

Alpha Natural Resources, Inc. and Subsidiaries

Computation of Ratio of Earnings to Fixed Charges

(Amounts in thousands except ratio)

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30,

 

September 30,

 

 

 

2011

 

2010

 

2011

 

2010

 

Earnings:

 

 

 

 

 

 

 

 

 

Income from continuing operations before income taxes

 

$

62,426

 

$

34,021

 

$

65,067

 

$

104,223

 

Adjustments:

 

 

 

 

 

 

 

 

 

Fixed charges

 

64,117

 

20,700

 

120,174

 

65,946

 

Income (loss) from equity investees

 

(1,396

)

711

 

(871

)

1,469

 

Amortization of capitalized interest

 

28

 

26

 

80

 

82

 

Capitalized interest

 

—

 

(1,155

)

(118

)

(1,496

)

 

 

$

125,175

 

$

54,303

 

$

184,332

 

$

170,224

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges:

 

 

 

 

 

 

 

 

 

Interest expense

 

$

49,148

 

$

17,834

 

$

94,726

 

$

58,458

 

Loss on early extinguishment of debt

 

5,212

 

—

 

9,768

 

1,349

 

Portion of rental expense representative of interest

 

9,757

 

1,711

 

15,562

 

4,643

 

Capitalized interest

 

—

 

1,155

 

118

 

1,496

 

 

 

$

64,117

 

$

20,700

 

$

120,174

 

$

65,946

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

1.95

 

2.62

 

1.53

 

2.58