Exhibit 99.4

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

	Nine Months Ended September 30,						Years Ended December 31,
(Amounts in millions of euros)	2011			2010			2010			2009			2008			2007			2006
	(unaudited)						(unaudited)
Net income		9,986			8,541			10,571			8,447			10,590			13,181			11,773
Income tax expenses		10,952			7,773			10,228			7,751			14,146			13,575			13,720
Minority interest		211			185			236			182			363			354			367
Equity in income of affiliates (in excess of)/ less than dividends received		(157	)		(337	)		(470	)		(378	)		(311	)		(821	)		(952	)
Interest expensed		505			300			416			450			779			1,547			1,588
Estimate of the interest within rental expense		151			153			202			204			142			128			91
Amortization of capitalized interest		147			104			239			129			115			108			100
Total		21,795			16,719			21,422			16,785			25,824			28,072			26,687
Interest expensed		505			300			416			450			779			1,547			1,588
Capitalized interest		120			82			118			141			317			321			237
Estimate of the interest within rental expense		151			153			202			204			142			128			91
Preference security dividend requirements of consolidated subsidiaries		—			—			—			—			—			—			—
Fixed charges		776			535			736			795			1,238			1,996			1,916
Ratio of Earnings to fixed charges		28.09			31.25			29.11			21.11			20.86			14.06			13.93