Attached files
| file | filename |
|---|---|
| 8-K - 8-K - LyondellBasell Industries N.V. | d683594d8k.htm |
| EX-8.1 - EX-8.1 - LyondellBasell Industries N.V. | d683594dex81.htm |
| EX-1.1 - EX-1.1 - LyondellBasell Industries N.V. | d683594dex11.htm |
| EX-4.2 - EX-4.2 - LyondellBasell Industries N.V. | d683594dex42.htm |
| EX-5.1 - EX-5.1 - LyondellBasell Industries N.V. | d683594dex51.htm |
Exhibit 12.1
STATEMENT SETTING FORTH DETAIL FOR COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
| Successor | Predecessor | |||||||||||||||||||||||
| May 1 | January 1 | |||||||||||||||||||||||
| Year Ended | through | through | Year Ended | |||||||||||||||||||||
| December 31, | December 31, | April 30, | December 31, | |||||||||||||||||||||
| Millions of dollars, ratio data |
2013 | 2012 | 2011 | 2010 | 2010 | 2009 | ||||||||||||||||||
| Income (loss) from continuing operations before income taxes |
$ | 4,996 | $ | 4,185 | $ | 3,531 | $ | 1,731 | $ | 6,947 | $ | (4,096 | ) | |||||||||||
| Deduct income (loss) from equity investments |
203 | 143 | 216 | 86 | 84 | (181 | ) | |||||||||||||||||
| Add distributions of earnings from equity investments |
186 | 147 | 206 | 34 | 18 | 26 | ||||||||||||||||||
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| Earnings adjusted for equity investments |
4,979 | 4,189 | 3,521 | 1,679 | 6,881 | (3,889 | ) | |||||||||||||||||
| Fixed charges: |
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| Interest expense, gross |
309 | 655 | 1,044 | 545 | 713 | 1,795 | ||||||||||||||||||
| Portion of rentals representative of interest |
108 | 103 | 95 | 56 | 35 | 104 | ||||||||||||||||||
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| Total fixed charges before capitalized interest |
417 | 758 | 1,139 | 601 | 748 | 1,899 | ||||||||||||||||||
| Capitalized interest |
15 | 9 | 8 | 2 | 4 | 35 | ||||||||||||||||||
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| Total fixed charges including capitalized interest |
432 | 767 | 1,147 | 603 | 752 | 1,934 | ||||||||||||||||||
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| Earnings before fixed charges |
$ | 5,411 | $ | 4,956 | $ | 4,668 | $ | 2,282 | $ | 7,633 | $ | (1,955 | ) | |||||||||||
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| Ratio of earnings to fixed charges(a) |
12.53 | x | 6.46 | x | 4.07 | x | 3.78 | x | 10.15 | x | — | x | ||||||||||||
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| (a) | For the year 2009, earnings were insufficient to cover fixed charges by $3,889 million. |