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This excerpt taken from the ACI 10-K filed Mar 1, 2010. Basis
of Presentation
The consolidated financial statements include the accounts of
Arch Coal, Inc. and its subsidiaries and controlled entities
(the “Company”). The Company’s primary business
is the production of steam and metallurgical coal from surface
and underground mines located throughout the United States for
sale to utility, steel, industrial and export markets. The
Company’s mines are located in southern West Virginia,
eastern Kentucky, Virginia, Wyoming, Colorado and Utah. All
subsidiaries (except as noted below) are wholly-owned.
Intercompany transactions and accounts have been eliminated in
consolidation.
The Company owns a 99% membership interest in a joint venture
named Arch Western Resources, LLC (“Arch Western”)
which operates coal mines in Wyoming, Colorado and Utah. The
Company also acts as the managing member of Arch Western.
These excerpts taken from the ACI 10-K filed Feb 27, 2009. Basis
of Presentation
The consolidated financial statements include the accounts of
Arch Coal, Inc. and its subsidiaries and controlled entities
(the “Company”). The Company’s primary business
is the production of steam and metallurgical coal from surface
and underground mines located throughout the United States for
sale to utility, industrial and export markets. The
Company’s mines are located in southern West Virginia,
eastern Kentucky, Virginia, Wyoming, Colorado and Utah. All
subsidiaries (except as noted below) are wholly-owned.
Intercompany transactions and accounts have been eliminated in
consolidation.
The Company owns a 99% membership interest in a joint venture
named Arch Western Resources, LLC (“Arch Western”)
which operates coal mines in Wyoming, Colorado and Utah. The
Company also acts as the managing member of Arch Western.
On June 29, 2007, the Company sold select assets and
related liabilities associated with its Mingo Logan-Ben Creek
mining complex in West Virginia. See further discussion in
Note 2, “Property Transactions.”
Basis of Presentation The consolidated financial statements include the accounts of Arch Coal, Inc. and its subsidiaries and controlled entities (the “Company”). The Company’s primary business is the production of steam and metallurgical coal from surface and underground mines located throughout the United States for sale to utility, industrial and export markets. The Company’s mines are located in southern West Virginia, eastern Kentucky, Virginia, Wyoming, Colorado and Utah. All subsidiaries (except as noted below) are wholly-owned. Intercompany transactions and accounts have been eliminated in consolidation. The Company owns a 99% membership interest in a joint venture named Arch Western Resources, LLC (“Arch Western”) which operates coal mines in Wyoming, Colorado and Utah. The Company also acts as the managing member of Arch Western. On June 29, 2007, the Company sold select assets and related liabilities associated with its Mingo Logan-Ben Creek mining complex in West Virginia. See further discussion in Note 2, “Property Transactions.” These excerpts taken from the ACI 10-K filed Feb 29, 2008. Basis
of Presentation
The consolidated financial statements include the accounts of
Arch Coal, Inc. and its subsidiaries and controlled entities
(the “Company”). The Company’s primary business
is the production of steam and metallurgical coal from surface
and underground mines located throughout the United States, for
sale to utility, industrial and export markets. The
Company’s mines are located in southern West Virginia,
eastern Kentucky, Virginia, Wyoming, Colorado and Utah. All
subsidiaries (except as noted below) are wholly-owned.
Intercompany transactions and accounts have been eliminated in
consolidation.
The Company owns a 99% membership interest in a joint venture
named Arch Western Resources, LLC (“Arch Western”)
which operates coal mines in Wyoming, Colorado and Utah. The
Company also acts as the managing member of Arch Western.
On June 29, 2007, the Company sold select assets and
related liabilities associated with its Mingo Logan-Ben Creek
mining complex in West Virginia. See further discussion in
Note 2, “Property Transactions.”
On December 31, 2005, the Company entered into a Purchase
and Sale Agreement (the “Purchase Agreement”) with
Magnum Coal Company (“Magnum”). Pursuant to the
Purchase Agreement, the Company sold the stock of three of its
subsidiaries and their Central Appalachian mining operations.
See further discussion in Note 2, “Property
Transactions.”
Basis of Presentation The consolidated financial statements include the accounts of Arch Coal, Inc. and its subsidiaries and controlled entities (the “Company”). The Company’s primary business is the production of steam and metallurgical coal from surface and underground mines located throughout the United States, for sale to utility, industrial and export markets. The Company’s mines are located in southern West Virginia, eastern Kentucky, Virginia, Wyoming, Colorado and Utah. All subsidiaries (except as noted below) are wholly-owned. Intercompany transactions and accounts have been eliminated in consolidation. The Company owns a 99% membership interest in a joint venture named Arch Western Resources, LLC (“Arch Western”) which operates coal mines in Wyoming, Colorado and Utah. The Company also acts as the managing member of Arch Western. On June 29, 2007, the Company sold select assets and related liabilities associated with its Mingo Logan-Ben Creek mining complex in West Virginia. See further discussion in Note 2, “Property Transactions.” On December 31, 2005, the Company entered into a Purchase and Sale Agreement (the “Purchase Agreement”) with Magnum Coal Company (“Magnum”). Pursuant to the Purchase Agreement, the Company sold the stock of three of its subsidiaries and their Central Appalachian mining operations. See further discussion in Note 2, “Property Transactions.” This excerpt taken from the ACI 10-K filed Mar 1, 2007. Basis of
Presentation |
The consolidated financial statements include the accounts of
Arch Coal, Inc. and its subsidiaries and controlled entities
(the “Company”). The Company’s primary business
is the production of steam and metallurgical coal from surface
and underground mines throughout the United States, for sale to
utility, industrial and export markets. The Company’s mines
are located in southern West Virginia, eastern Kentucky,
Virginia, Wyoming, Colorado and Utah. All subsidiaries (except
as noted below) are wholly-owned. Intercompany transactions and
accounts have been eliminated in consolidation.
On May 15, 2006, the Company completed a two-for-one stock
split of the Company’s common stock in the form of a 100%
stock dividend. All share and per share amounts for the years
ended December 31, 2005 and 2004 have been retroactively
restated for the split.
The Company owns a 99% ownership interest in a joint venture
named Arch Western Resources, LLC (“Arch Western”)
which operates coal mines in Wyoming, Colorado and Utah. The
Company also acts as the managing member of Arch Western.
As of and for the period ended July 31, 2004, the
membership interests in the Utah coal operations, Canyon Fuel
Company, LLC (“Canyon Fuel”), were owned 65% by Arch
Western and 35% by a subsidiary of ITOCHU Corporation. Through
July 31, 2004, the Company’s 65% ownership of Canyon
Fuel was accounted for on the equity method in the consolidated
financial statements as a result of certain super-majority
voting rights in the joint venture agreement. Income from Canyon
Fuel through July 31, 2004 is reflected in the accompanying
Consolidated Statements of Income in other (income) expense, net
(see additional discussion in Note 5,
“Investments”). On July 31, 2004, the Company
acquired the remaining 35% of Canyon Fuel. See Note 2,
“Business Combinations” for further discussion.
On December 31, 2005, the Company entered into a Purchase
and Sale Agreement (the “Purchase Agreement”) with
Magnum Coal Company (“Magnum”). Pursuant to the
Purchase Agreement, the Company sold the stock of four of its
active Central Appalachian mining operations. See further
discussion in Note 3, “Dispositions.”
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