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EXCEL - IDEA: XBRL DOCUMENT - Alpha Natural Resources, Inc.Financial_Report.xls
EX-10.3 - CONSULTING AGREEMENT, DATED SEPTEMBER 1, 2014 - Alpha Natural Resources, Inc.anr-2014930x10qexhibit103.htm
EX-32.B - CERTIFICATION PURSUANT TO 18 U.S.C. 1350 - Alpha Natural Resources, Inc.anr-2014930x10qexhibit32b.htm
EX-95 - MINE SAFETY DISCLOSURE EXHIBIT - Alpha Natural Resources, Inc.anr-2014930x10qexhibit95.htm
EX-32.A - CERTIFICATION PURSUANT TO 18 U.S.C. 1350 - Alpha Natural Resources, Inc.anr-2014930x10qexhibit32a.htm
EX-31.A - CERTIFICATION PURSUANT TO RULE 13A-14(A) UNDER THE SECURITIES EXCHANGE ACT - Alpha Natural Resources, Inc.anr-2014930x10qexhibit31a.htm
EX-10.1 - GENERAL RELEASE AND NON-DISPARAGEMENT, DATED JULY 18, 2014 - Alpha Natural Resources, Inc.anr-2014930x10qexhibit101.htm
EX-10.2 - GENERAL RELEASE, DATED SEPTEMBER 1, 2014 - Alpha Natural Resources, Inc.anr-2014930x10qexhibit102.htm
EX-31.B - CERTIFICATION PURSUANT TO RULE 13A-14(A) UNDER THE SECURITIES EXCHANGE ACT - Alpha Natural Resources, Inc.anr-2014930x10qexhibit31b.htm
EX-12.2 - COMPUTATION OF OTHER RATIOS - Alpha Natural Resources, Inc.anr-2014930x10qexhibit122.htm
10-Q - 10-Q - Alpha Natural Resources, Inc.anr-2014930x10q.htm
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
September 30,
 
Nine Months Ended
September 30,
 
 
2014
 
2013
 
2014
 
2013
Earnings:
 
 
 
 
 
 
 
 
Loss before income taxes
 
$
(228,913
)
 
$
(601,378
)
 
$
(760,198
)
 
$
(1,063,732
)
Adjustments:
 
 
 
 
 
 
 
 
Fixed charges
 
78,282
 
 
65,635
 
 
220,676
 
 
227,196
 
Income from equity investees
 
97
 
 
6,828
 
 
981
 
 
23,615
 
Amortization of capitalized interest
 
71
 
 
88
 
 
357
 
 
265
 
Capitalized interest
 
(94
)
 
 
 
(94
)
 
(1
)
 
 
$
(150,557
)
 
$
(528,827
)
 
$
(538,278
)
 
$
(812,657
)
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
Interest expense
 
$
75,688

 
$
62,233

 
$
211,662

 
$
182,587

Loss on early extinguishment of debt
 
 
 
(158
)
 
2,022
 
 
33,039
 
Portion of rental expense representative of interest
 
2,500
 
 
3,560
 
 
6,898
 
 
11,569
 
Capitalized interest
 
94
 
 
 
 
94
 
 
1
 
 
 
$
78,282

 
$
65,635

 
$
220,676

 
$
227,196

 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
 
N/A(1)
 
N/A(1)
 
N/A(1)
 
N/A(1)


(1)
The ratio of earnings to fixed charges was less than one-to-one for the three months ended September 30, 2014 and September 30, 2013, and for the nine months ended September 30, 2014 and September 30, 2013. Additional earnings of $228,839, $594,462, $758,954, and $1,039,853 respectively, would be needed to have a one-to-one ratio of earnings to fixed charges.