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Exhibit 12.1




Alpha Natural Resources, Inc. and Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
(Amounts in thousands except ratio)

 
 
Three Months Ended
March 31,
 
 
2014
 
2013
Earnings:
 
 
 
 
Loss before income taxes
 
$
(9,140
)
 
$
(187,146
)
Adjustments:
 
 
 
 
Fixed charges
 
70,940
 
 
63,755
 
Income from equity investees
 
135
 
 
2,785
 
Amortization of capitalized interest
 
215
 
 
90
 
Capitalized interest
 
—
 
 
(1
)
 
 
$
62,150

 
$
(120,517
)
 
 
 
 
 
Fixed Charges:
 
 
 
 
Interest expense
 
$
64,962

 
$
59,401

Loss on early extinguishment of debt
 
(1,804
)
 
—
 
Portion of rental expense representative of interest
 
7,782
 
 
4,353
 
Capitalized interest
 
—
 
 
1
 
 
 
$
70,940

 
$
63,755

 
 
 
 
 
Ratio of earnings to fixed charges
 
N/A(1)
 
N/A(1)


(1)
The ratio of earnings to fixed charges was less than one-to-one for the three months ended March 31, 2014 and March 31, 2013. Additional earnings of $9 million and $184 million, respectively, would be needed to have a one-to-one ratio of earnings to fixed charges.