Walter Energy Inactive 10-K2005 FY Annual report

Filed: 16 Mar 06, 12:00am

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: absence, accomplish, add, advocacy, Albertville, Allied, Anvil, Armenta, array, attempt, attempting, attract, attractive, ball, Banning, barge, BC, Beck, bed, begun, belong, bifurcation, binding, bodily, bond, brand, breach, broaden, broadest, brought, budget, budgetary, butterfly, Calhoun, Canada, Canadian, candidate, capability, caption, carrier, Catalina, catastrophic, Caylon, CCNE, characterized, Chase, Chattanooga, chosen, circuit, classification, Climate, collar, combustion, Commerce, complement, complementary, compliant, compound, condensed, confidence, Congressional, consequential, constantly, constrained, consumption, convention, conventional, convey, coordinating, copyright, costly, creditor, criminal, criterion, cultural, cyclical, Dale, dedicated, defeasance, defective, denied, deployed, Depot, desire, destroy, destruction, deter, differentiation, difficulty, diminish, dioxide, Disa, disadvantage, disaster, discharge, discretion, dismissed, disrupt, disruption, distinct, diverting, Dixon, domain, drain, driver, drywall, durable, dust, EI, emission, emphasized, enforce, enforcement, entirety, entry, equilibrium, Error, eventual, exacerbated, Excellence, expend, expertise, exploration, explore, expressed, expressly, fail, failed, false, fast, fastest, Ferguson, Fish, fitting, Fleet, flooding, foreseeable, forever, formal, Foundation, fragmented, franchise, gate, governor, GPRA, grace, graduated, greenhouse, gregory, grew, Grinnell, grooved, guaranty, hanger, hard, harm, harmed, heading, heavily, heavy, Henry, hereinafter, Hersey, hinder, hoc, holder, honnold, Hubei, Hunt, HVAC, Hybrid, Hydro, hyland, ignition, illiquid, impede, implied, imposition, impracticable, inability, inch, inclusion, incompatibility, inconsequential, incorrect, incumbent, incurrence, indemnified, indemnify, indemnity, indirect, ineffective, ineligible, infrastructure, infringement, ingot, injury, innovation, insolvency, insufficient, intellectual, internationally, intervene, intervention, introduction, Introductory, IPO, Isaiah, Island, Jingmen, Johnson, jointly, JPMorgan, judge, judicial, junior, jury, Katrina, Kearny, Kentucky, Kodiak, Kyoto, landfill, lapse, Lastly, latent, lawsuit, leaching, leadership, leaseback, leaving, led, ledger, legislation, legislative, legislature, lengthy, leonard, license, licensing, lisa, lockout, Los, Malaysia, malleable, manhole, manpower, mapping, meaningful, meant, meter, migration, Milliken, misappropriation, misrepresentation, monetary, motion, MSHA, Mueller, mutually, NACCO, nearby, NESHAP, nipple, nondisclosure, nonfinancial, Nora, Northern, NSF, obsolete, OCI, offshore, oilfield, optimal, oriented, oversupply, parent, passed, PCAOB, PCB, Perishable, Pharmacia, platform, play, plug, pollution, poorly, popularity, populated, port, Pottery, Pratt, predecessor, preliminary, premise, premium, prepaid, presence, priority, privity, proceed, prohibit, prohibition, prompted, promulgate, promulgation, Proposition, proprietary, prove, Province, published, pure, purported, quantified, ramp, ratably, ratification, ratified, rationalization, rationalize, recall, receipt, rectified, recurring, redundant, regulatory, reinvest, rely, relying, rental, repatriation, reputation, rescheduled, resin, respond, restoration, resumed, retrospective, revocation, rework, Rhode, Rita, Ryder, Sanitary, scale, scrutiny, seam, sector, Shanghai, Shelby, shield, shipment, simplification, sinking, slower, sluice, Smith, solicit, solidify, Solutia, spare, speculation, speculative, stabilize, stake, Star, statistical, steep, Stockholder, stopper, storm, strata, streamline, streamlining, strike, stringent, stronger, strongest, subsidence, substitute, succeed, suffer, superior, surging, sustaining, synergy, tapping, targeted, team, tender, Textron, threaded, top, tort, tourism, travel, trial, Trustee, Turkey, turn, twenty, Tyco, unabsorbed, unaffiliated, unavailable, underfunded, underwritten, Undistributed, uneconomic, unforeseen, uniform, University, unlock, unprofitable, unrecognized, unrelated, unremediated, unsecured, unsubordinated, unusual, unusually, uphold, usage, valuable, viable, Viking, vulnerability, warranty, Waterhouse, wildlife, wind, winding, won, wrote

Removed: AA, accessibility, affordable, amenity, bad, BB, BWT, calcined, controlled, designate, disallowance, don, ease, EBITDA, enterprise, eroding, escrow, exceeded, extending, FAS, ferrosilicon, fix, foil, fuel, Griffin, Holly, interruption, Investor, IRM, Jefferson, lack, Lehman, lived, lock, longevity, matched, McWane, minimize, modeled, month, nonconventional, permanent, petcoke, piercing, practicable, recording, region, renewed, returned, Safelite, short, spec, stable, standby, Terex, terminal, ton, transported, twelve, uncollectible, upscale, variability, veil, VI, VII, VIII, violated, window, written

Search this filing

Filing tables

Export all tables to Excel

Filing exhibits

Related press release

Walter Energy similar filings

Filing view

Default size S M L
Default font Times Arial

External links

Share this filing

Exhibit 12.1

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

	Fiscal years ended December 31,
	2005		2004		2003			2002		2001
Income (loss) from continuing
operations, before taxes	$	27,886	$	57,152	$	(26,796	)	$	69,608	$	47,219
Fixed charges:
Total interest including amortization
of debt discount and issue costs
and amounts capitalized	$	177,919	$	146,026	$	152,032		$	153,280	$	170,848
Rentals	4,715		5,383		3,660			3,174		3,499
Total fixed charges	$	182,634	$	151,409	$	155,692		$	156,454	$	174,347
Earnings before income or loss from
equity earnings plus fixed charges
less capitalized interest	$	210,567	$	208,656	$	129,084		$	225,981	$	221,188
Ratio of earnings to fixed charges (a)(b)	1.2x		1.4x		-			1.4x		1.3x

(a) Interest expense was not adjusted for the 2003 divestitures of AIMCOR and JW Aluminum.

(b) Due to losses during the fiscal year ended December 31, 2003, the ratio coverage for that period was less than 1:1. The coverage deficiency was $26.6 million.

We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our Cookie Policy for more information.