Attached files
| file | filename |
|---|---|
| EX-10.1 - MEMBERSHIP INTEREST PURCHASE AGREEMENT, DATED AS OF JULY 1, 2015 - Alpha Natural Resources, Inc. | anr-201563010qexhibit101.htm |
| EX-95 - MINE SAFETY DISCLOSURE EXHIBIT - Alpha Natural Resources, Inc. | anr-2015630x10qexhibit95.htm |
| EX-31.(A) - CERTIFICATION PURSUANT TO RULE 13A-14(A) UNDER THE SECURITIES EXCHANGE ACT - Alpha Natural Resources, Inc. | anr-2015630x10qexhibit31a.htm |
| EX-32.(A) - CERTIFICATION PURSUANT TO 18 USC 1350 - Alpha Natural Resources, Inc. | anr-2015630x10qexhibit32a.htm |
| EX-31.(B) - CERTIFICATION PURSUANT TO RULE 13A-14(A) UNDER THE SECURITIES EXCHANGE ACT - Alpha Natural Resources, Inc. | anr-2015630x10qexhibit31b.htm |
| EX-32.(B) - CERTIFICATION PURSUANT TO 18 USC 1350 - Alpha Natural Resources, Inc. | anr-2015630x10qexhibit32b.htm |
| 10-Q - 10-Q - Alpha Natural Resources, Inc. | anr-2015630x10q.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 June 30, | Six Months Ended June 30, | |||||||||||||||
2015 | 2014 | 2015 | 2014 | |||||||||||||
Earnings: | ||||||||||||||||
Income (loss) before income taxes | $ | (547,725 | ) | $ | (522,145 | ) | $ | (474,525 | ) | $ | (531,285 | ) | ||||
Adjustments: | ||||||||||||||||
Fixed charges | 73,488 | 73,034 | (212,748 | ) | 142,394 | |||||||||||
Income (loss) from equity investees | (1,943 | ) | 749 | (2,850 | ) | 884 | ||||||||||
Amortization of capitalized interest | 71 | 71 | 140 | 286 | ||||||||||||
Capitalized interest | 3 | — | 3 | — | ||||||||||||
$ | (476,106 | ) | $ | (448,291 | ) | $ | (689,980 | ) | $ | (387,721 | ) | |||||
Fixed Charges: | ||||||||||||||||
Interest expense | $ | 72,386 | $ | 71,012 | $ | 149,092 | $ | 135,974 | ||||||||
Loss (gain) on early extinguishment of debt | — | 218 | (364,153 | ) | 2,022 | |||||||||||
Portion of rental expense representative of interest | 1,099 | 1,804 | 2,310 | 4,398 | ||||||||||||
Capitalized interest | 3 | — | 3 | — | ||||||||||||
$ | 73,488 | $ | 73,034 | $ | (212,748 | ) | $ | 142,394 | ||||||||
Ratio of earnings to fixed charges | N/A(1) | N/A(1) | 3.24 | N/A(1) | ||||||||||||
(1) | The ratio of earnings to fixed charges was less than one-to-one for the three months ended June 30, 2015 and June 30, 2014, and for the six months ended and June 30, 2014. Additional earnings of $549,594, $521,325 and $530,115, respectively, would be needed to have a one-to-one ratio of earnings to fixed charges. |