Summarized Financial Data – Chevron Transport Corporation Ltd.

Chevron Transport Corporation Ltd. (CTC), incorporated in Bermuda, is an indirect, wholly owned subsidiary of Chevron Corporation. CTC is the principal operator of Chevron’s international tanker fleet and is engaged in the marine transportation of crude oil and refined petroleum products. Most of CTC’s shipping revenue is derived from providing transportation services to other Chevron companies. Chevron Corporation has fully and unconditionally guaranteed this subsidiary’s obligations in connection with certain debt securities issued by a third party. Summarized financial information for CTC and its consolidated subsidiaries is as follows:



	Year ended December 31
	2012			2011			2010
Sales and other operating revenues	$	606		$	793		$	885
Total costs and other deductions	745			974			1,008
Net loss attributable to CTC	(135		)	(177		)	(116		)



	At December 31
	2012			2011
Current assets	$	199		$	290
Other assets	313			228
Current liabilities	154			114
Other liabilities	415			346
Total CTC net (deficit) equity	(57		)	58

There were no restrictions on CTC's ability to pay dividends or make loans or advances at December 31, 2012.