Attached files

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10-Q - 10-Q - ARCH RESOURCES, INC.a14-14112_110q.htm
EX-95 - EX-95 - ARCH RESOURCES, INC.a14-14112_1ex95.htm
EX-31.2 - EX-31.2 - ARCH RESOURCES, INC.a14-14112_1ex31d2.htm
EX-31.1 - EX-31.1 - ARCH RESOURCES, INC.a14-14112_1ex31d1.htm
EX-32.1 - EX-32.1 - ARCH RESOURCES, INC.a14-14112_1ex32d1.htm
EX-32.2 - EX-32.2 - ARCH RESOURCES, INC.a14-14112_1ex32d2.htm
EXCEL - IDEA: XBRL DOCUMENT - ARCH RESOURCES, INC.Financial_Report.xls

Exhibit 12.1

 

Computation of Ratio of Earnings to Combined Fixed Charges and Preference Dividends

 

 

 

Six Months Ended June 30,

 

 

 

2014

 

2013

 

 

 

 

 

 

 

Loss from continuing operations excluding income or loss from equity investments

 

$

(303,687

)

$

(276,438

)

Adjustments:

 

 

 

 

 

Fixed charges

 

200,159

 

202,696

 

Distributed income from equity investments

 

5,652

 

 

Capitalized interest, net of amortization

 

2,420

 

(6,583

)

Total loss

 

$

(95,456

)

$

(80,325

)

Fixed charges:

 

 

 

 

 

Interest expense

 

$

194,431

 

$

189,830

 

Capitalized interest

 

 

8,209

 

Portions of rent which represent an interest factor

 

5,728

 

4,657

 

Total fixed charges

 

$

200,159

 

$

202,696

 

Preferred stock dividends

 

$

 

$

 

Total fixed charges and preferred stock dividends

 

$

200,159

 

$

202,696

 

 

 

 

 

 

 

Ratio of earnings to combined fixed charges and preference dividends

 

N/A

 

N/A

 

 

Total loss consists of loss from continuing operations before income taxes and are adjusted to include only distributed income from affiliates accounted for on the equity method and fixed charges (excluding capitalized interest).  Fixed charges consist of interest incurred on indebtedness, the portion of operating lease rentals deemed representative of the interest factor and the amortization of debt expense.