EX-12.1 7 ex12_1.htm EXHIBIT 12.1 ex12_1.htm
Exhibit 12.1

Alpha Natural Resources, Inc. and Subsidiaries
 Computation of Ratio of Earnings to Fixed Charges
 (Amounts in thousands except ratios)

   
Years Ended December 31,
  
   
2010
    
2009
    
2008
    
2007
    
2006
  
Earnings:
                              
Income from continuing operations before income taxes
   $ 101,436     $ 33,784     $ 250,841     $ 42,838     $ 108,895  
Adjustments:
                                        
Fixed charges
     83,184       92,732       56,811       43,733       45,791  
Loss from equity investees
     1,706       189       574       1,352       322  
Amortization of capitalized interest
     106       137       132       75       26  
Capitalized interest
     (2,152 )     (492 )     (772 )     (1,038 )     (827 )
    $ 184,280     $ 126,350     $ 307,586     $ 86,960     $ 154,207  
                                         
Fixed Charges:
                                        
Interest expense
   $ 73,463     $ 82,825     $ 39,812       40,366       41,774  
Loss on early extinguishment of debt
     1,349       5,641       14,702       -       -  
Portion of rental expense representative of interest
     6,220       3,774       1,525       2,329       3,190  
Capitalized interest
     2,152       492       772       1,038       827  
    $ 83,184     $ 92,732     $ 56,811     $ 43,733     $ 45,791  
                                         
Ratio of earnings to fixed charges
     2.22       1.36       5.41       1.99       3.37