amtx_ex121.htm

(in thousands, except ratios)	Six months ended June 30		Year ended December 31,
	2014		2013			2012			2011			2010			2009

Earnings(losses) from continuing operations before taxes	$	10,415	$	(24,431	)	$	(5,364	)	$	(18,392	)	$	(8,561	)	$	(11,335	)
Additions:
Fixed charges		10,099		24,366			17,798			14,183			4,253			2,720
Amortization of Capitalized interest		24		48			222			31			-			-
Subtractions:
Non-controlling interest in Pre-tax income (loss)		-		-			-			-			(139	)		(362	)
Interest Capitalized		-		-			-			185			54			-

Total Earnings for Ratio	$	20,538	$	(17	)	$	12,656		$	(4,363	)	$	(4,223	)	$	(8,253	)

Fixed Charges

Interest Expense		5,450	$	11,807		$	10,111		$	13,561		$	4,033		$	2,675
Amortization of debt issuance costs		4,620		12,468			7,547			-			-			-
Interest Capitalized										185			54
Estimate of interest within rent expense		29		91			140			437			166			45

Total Fixed Charges	$	10,099	$	24,366		$	17,798		$	14,183		$	4,253		$	2,720

Ratio of earnings to fixed charges		2.03		-			-			-			-			-

Deficiency of earnings to fixed charges	$	-	$	(24,383	)	$	(5,142	)	$	(18,546	)	$	(8,476	)	$	(10,973	)

Aemetis Inc.,
Computation of Ratio of Earnings to Fixed charges
(in thousands, except ratios)