Exhibit 12
PEABODY ENERGY
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(IN THOUSANDS)
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(IN THOUSANDS)
Year | Nine Months | Year | Year | Year | Year | Quarter | ||||||||||||||||||||||
Ended | Ended | Ended | Ended | Ended | Ended | Ended | ||||||||||||||||||||||
March 31, 2001 | December 31, 2001 | December 31, 2002 | December 31, 2003 | December 31, 2004 | December 31, 2005 | March 31, 2006 | ||||||||||||||||||||||
Income (Loss) Before Income Taxes and Minority Interests | $ | 141,869 | $ | (9,628 | ) | $ | 78,804 | $ | (3,181 | ) | $ | 153,071 | $ | 426,085 | $ | 146,447 | ||||||||||||
Interest Expense | 197,686 | 88,686 | 102,458 | 98,540 | 96,793 | 102,939 | 27,400 | |||||||||||||||||||||
Interest Portion of Rental Expense | 44,303 | 37,294 | 53,958 | 49,762 | 50,273 | 46,131 | 10,649 | |||||||||||||||||||||
Adjusted Earnings | $ | 383,858 | $ | 116,352 | $ | 235,220 | $ | 145,121 | $ | 300,137 | $ | 575,155 | $ | 184,496 | ||||||||||||||
Interest Expense | $ | 197,686 | $ | 88,686 | $ | 102,458 | $ | 98,540 | $ | 96,793 | $ | 102,939 | $ | 27,400 | ||||||||||||||
Interest Portion of Rental Expense | 44,303 | 37,294 | 53,958 | 49,762 | 50,273 | 46,131 | 10,649 | |||||||||||||||||||||
Adjusted fixed charges | $ | 241,989 | $ | 125,980 | $ | 156,416 | $ | 148,302 | $ | 147,066 | $ | 149,070 | $ | 38,049 | ||||||||||||||
Ratio of Earnings to Fixed Charges | 1.59 | 0.92 | 1.50 | 0.98 | 2.04 | 3.86 | 4.85 | |||||||||||||||||||||