CITIGROUP INC. | |||||||||||||||||||
CALCULATION OF RATIO OF INCOME TO FIXED CHARGES | |||||||||||||||||||
INCLUDING PREFERRED STOCK DIVIDENDS | |||||||||||||||||||
Years ended December 31, | |||||||||||||||||||
In millions of dollars, except for ratios | 2013 | 2012 | 2011 | 2010 | 2009 | ||||||||||||||
EXCLUDING INTEREST ON DEPOSITS: | |||||||||||||||||||
Fixed Charges | |||||||||||||||||||
Interest expense (other than interest on deposits) | $ | 9,941 | $ | 12,922 | $ | 15,678 | $ | 16,725 | $ | 17,711 | |||||||||
Interest factor in rent expense | 460 | 496 | 495 | 500 | 522 | ||||||||||||||
Dividends--Preferred Stock | 194 | 26 | 26 | 9 | 22,708 | ||||||||||||||
Total fixed charges | $ | 10,595 | $ | 13,444 | $ | 16,199 | $ | 17,234 | $ | 40,941 | |||||||||
Income | |||||||||||||||||||
Income from continuing operations before taxes and noncontrolling interests | $ | 19,497 | $ | 7,825 | $ | 14,722 | $ | 13,116 | $ | (7,776 | ) | ||||||||
Fixed charges (including preferred stock dividends) | $ | 10,595 | $ | 13,444 | $ | 16,199 | $ | 17,234 | $ | 40,941 | |||||||||
Total income | 30,092 | 21,269 | 30,921 | 30,350 | 33,165 | ||||||||||||||
Ratio of income to fixed charges excluding interest on deposits | 2.84 | 1.58 | 1.91 | 1.76 | NM | ||||||||||||||
INCLUDING INTEREST ON DEPOSITS: | |||||||||||||||||||
Fixed Charges | |||||||||||||||||||
Interest expense | $ | 16,177 | $ | 20,612 | $ | 24,209 | $ | 25,057 | $ | 27,902 | |||||||||
Interest factor in rent expense | 460 | 496 | 495 | 500 | 522 | ||||||||||||||
Dividends--Preferred Stock | 194 | 26 | 26 | 9 | 22,708 | ||||||||||||||
Total fixed charges | $ | 16,831 | $ | 21,134 | $ | 24,730 | $ | 25,566 | $ | 51,132 | |||||||||
Income | |||||||||||||||||||
Income from continuing operations before taxes and noncontrolling interests | $ | 19,497 | $ | 7,825 | $ | 14,722 | $ | 13,116 | $ | (7,776 | ) | ||||||||
Fixed charges (including preferred stock dividends) | $ | 16,831 | $ | 21,134 | $ | 24,730 | $ | 25,566 | $ | 51,132 | |||||||||
Total income | 36,328 | 28,959 | 39,452 | 38,682 | 43,356 | ||||||||||||||
Ratio of income to fixed charges including interest on deposits | 2.16 | 1.37 | 1.60 | 1.51 | NM |