EX-99.1 2 d574244dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

Computation of ratio of earnings to fixed charges

 

 

 

     First half 2013  
     $ million except ratio  

Earnings available for fixed charges:

   

Pre-tax income from continuing operations before adjustment for income or loss from joint ventures and associates

      22,891   

Fixed charges

      1,477   

Amortization of capitalized interest

      105   

Distributed income of joint ventures and associates

      505   

Interest capitalized

      (113 ) 

Preference dividend requirements, gross of tax

      (1 ) 

Non-controlling interest of subsidiaries’ income not incurring fixed charges

      (7 ) 
  

 

 

  

Total earnings available for fixed charges

      24,857   
  

 

 

  

Fixed charges:

   

Interest expensed

      428   

Interest capitalized

      113   

Rental expense representative of interest

      935   

Preference dividend requirements, gross of tax

      1   
  

 

 

  

Total fixed charges

      1,477   
  

 

 

  

Ratio of earnings to fixed charges

      16.8   
  

 

 

  

 

 

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