EX-12.1 3 exhibit12-1.htm EXHIBIT 12.1 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,
 
   
2009
   
2008
   
2009
   
2008
 
Earnings:
                       
 
                       
Income from continuing operations before income taxes
  $ 22,001     $ 92,618     $ 82,249     $ 129,416  
Adjustments:
                               
Fixed charges
    10,577       25,771       20,862       36,234  
Loss from equity investees
    40       469       75       504  
Amortization of capitalized interest
    29       32       65       62  
Capitalized interest
    (111 )     (204 )     (200 )     (267 )
    $ 32,536     $ 118,686     $ 103,051     $ 165,949  
                                 
Fixed Charges:
                               
Interest expense
  $ 10,166     $ 10,522     $ 20,019     $ 20,501  
Loss on early extinguishment of debt
    -       14,669       -       14,669  
Portion of rental expense representative of
                               
 interest
    300       376       643       797  
Capitalized interest
    111       204       200       267  
    $ 10,577     $ 25,771     $ 20,862     $ 36,234  
                                 
Ratio of earnings to fixed charges
    3.08       4.61       4.94       4.58