Attached files
| file | filename |
|---|---|
| EX-99.1 - EX-99.1 - PEABODY ENERGY CORP | d382108dex991.htm |
| EX-12.2 - EX-12.2 - PEABODY ENERGY CORP | d382108dex122.htm |
| 8-K/A - FORM 8-K/A - PEABODY ENERGY CORP | d382108d8ka.htm |
Exhibit 12.1
PEABODY ENERGY CORPORATION
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
| Year Ended December 31, | Three Months Ended March 31, |
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| Dollars in millions | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | ||||||||||||||||||
| Loss (Income) from Continuing Operations Before Income Taxes |
$ | (208.6 | ) | $ | (734.3 | ) | $ | (547.9 | ) | $ | (1,990.3 | ) | $ | (758.3 | ) | 126.5 | ||||||||
| Interest Expense |
405.6 | 425.2 | 428.2 | 533.2 | 328.1 | 32.9 | ||||||||||||||||||
| Interest Portion of Rental Expense |
51.9 | 55.5 | 56.5 | 49.3 | 45.1 | 9.7 | ||||||||||||||||||
| Losses (Income) from Equity Affiliates |
61.2 | 83.4 | 107.6 | 292.4 | (16.2 | ) | (15.0 | ) | ||||||||||||||||
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| Adjusted Earnings |
$ | 310.1 | $ | (170.2 | ) | $ | 44.4 | $ | (1,115.4 | ) | $ | (401.3 | ) | $ | 154.1 | |||||||||
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| Interest Expense |
$ | 405.6 | $ | 425.2 | $ | 428.2 | $ | 533.2 | $ | 328.1 | 32.9 | |||||||||||||
| Interest Portion of Rental Expense |
51.9 | 55.5 | 56.5 | 49.3 | 45.1 | 9.7 | ||||||||||||||||||
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| Adjusted Fixed Charges |
$ | 457.5 | $ | 480.7 | $ | 484.7 | $ | 582.5 | $ | 373.2 | 42.6 | |||||||||||||
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| Ratio of Earnings to Fixed Charges |
(1 | ) | (1 | ) | (1 | ) | (1 | ) | (1 | ) | 3.6 | |||||||||||||
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| (1) | Earnings were insufficient to cover fixed charges by approximately $147.4 million, $650.9 million, $440.3 million, $1,697.9 million and $ 774.5 million for the years ended December 31, 2012, 2013, 2014, 2015 and 2016, respectively. |