Exhibit 12
PEABODY ENERGY CORPORATION
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(IN MILLIONS)
| Year Ended December 31, 2007 | Year Ended December 31, 2008 | Year Ended December 31, 2009 | Year Ended December 31, 2010 | Year Ended December 31, 2011 | Six Months Ended June 30, 2012 | |||||||||||||||||||
Income from Continuing Operations Before Income Taxes | $ | 362.8 | $ | 1,065.2 | $ | 629.4 | $ | 1,142.0 | $ | 1,373.7 | $ | 433.8 | ||||||||||||
Interest Expense | 235.8 | 227.0 | 201.1 | 222.0 | 238.6 | 208.9 | ||||||||||||||||||
Interest Portion of Rental Expense | 31.4 | 40.1 | 37.8 | 42.1 | 52.7 | 29.2 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Adjusted Earnings | $ | 630.0 | $ | 1,332.3 | $ | 868.3 | $ | 1,406.1 | $ | 1,665.0 | $ | 671.9 | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Interest Expense | $ | 235.8 | $ | 227.0 | $ | 201.1 | $ | 222.0 | $ | 238.6 | 208.9 | |||||||||||||
Interest Portion of Rental Expense | 31.4 | 40.1 | 37.8 | 42.1 | 52.7 | 29.2 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Adjusted Fixed Charges | $ | 267.2 | $ | 267.1 | $ | 238.9 | $ | 264.1 | $ | 291.3 | $ | 238.1 | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Ratio of Earnings to Fixed Charges | 2.36 | 4.99 | 3.63 | 5.32 | 5.72 | 2.82 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||