Exhibit 12
PEABODY ENERGY CORPORATION
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(IN MILLIONS)
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(IN MILLIONS)
Year | Year | Year | Year | Year | Six Months | |||||||||||||||||||
Ended | Ended | Ended | Ended | Ended | Ended | |||||||||||||||||||
December 31, 2004 | December 31, 2005 | December 31, 2006 | December 31, 2007 | December 31, 2008 | June 30, 2009 | |||||||||||||||||||
Income from Continuing Operations Before Income Taxes | $ | 183.0 | $ | 342.7 | $ | 484.8 | $ | 364.0 | $ | 1,175.8 | $ | 335.3 | ||||||||||||
Interest Expense | 90.9 | 98.0 | 139.1 | 235.8 | 227.2 | 99.3 | ||||||||||||||||||
Interest Portion of Rental Expense | 23.2 | 22.8 | 22.9 | 30.4 | 30.8 | 17.1 | ||||||||||||||||||
Adjusted Earnings | $ | 297.1 | $ | 463.5 | $ | 646.8 | $ | 630.2 | $ | 1,433.8 | $ | 451.7 | ||||||||||||
Interest Expense | $ | 90.9 | $ | 98.0 | $ | 139.1 | $ | 235.8 | $ | 227.2 | $ | 99.3 | ||||||||||||
Interest Portion of Rental Expense | 23.2 | 22.8 | 22.9 | 30.4 | 30.8 | 17.1 | ||||||||||||||||||
Adjusted Fixed Charges | $ | 114.1 | $ | 120.8 | $ | 162.0 | $ | 266.2 | $ | 258.0 | $ | 116.4 | ||||||||||||
Ratio of Earnings to Fixed Charges | 2.60 | 3.84 | 3.99 | 2.37 | 5.56 | 3.88 | ||||||||||||||||||