EX-12 5 y23464asexv12.htm EX-12: COMPUTATION IN SUPPORT OF RATIO OF EARNINGS TO FIXED CHARGES EX-12
 

Exhibit 12
PEABODY ENERGY
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