EX-12.1 5 ex12_1.htm EXHIBIT 12.1 ex12_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,
 
   
2010
   
2009
   
2010
   
2009
 
Earnings:
                       
Income from continuing operations before income taxes
  $ 34,254     $ 22,001     $ 70,202     $ 82,249  
Adjustments:
                               
Fixed charges
    21,593       10,577       45,246       20,862  
Loss from equity investees
    436       40       758       75  
Amortization of capitalized interest
    21       29       56       65  
Capitalized interest
    (226 )     (111 )     (341 )     (200 )
    $ 56,078     $ 32,536     $ 115,921     $ 103,051  
                                 
Fixed Charges:
                               
Interest expense
  $ 18,504     $ 10,166     $ 40,624     $ 20,019  
Loss on early extinguishment of debt
    1,349       -       1,349       -  
Portion of rental expense representative of interest
    1,514       300       2,932       643  
Capitalized interest
    226       111       341       200  
    $ 21,593     $ 10,577     $ 45,246     $ 20,862  
                                 
Ratio of earnings to fixed charges
    2.60       3.08       2.56       4.94