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Filing tables
Filing exhibits
- 10-K Annual report
- 4.7 Amendment No. 3 to Receivables Purchase Agreement
- 4.7 Amendment No. 4 to Receivables Purchase Agreement
- 12 Computation of Ratio of Earnings to Fixed Charges
- 31.1 Certification of Principal Executive Officer (302)
- 31.2 Certification of Principal Financial Officer (302)
- 32.1 Certification of Principal Executive Officer (906)
- 32.2 Certification of Principal Financial Officer (906)
- 99.1 Consolidated Financial Statements of Lyondell Chemical Company
Related press release
Equistar Chemicals similar filings
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Exhibit 12
EQUISTAR CHEMICALS, LP
STATEMENT SETTING FORTH DETAIL FOR COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
Year Ended December 31, | |||||||||||||||||
Millions of dollars, except ratio data | 2006 | 2005 | 2004 | 2003 | 2002 | ||||||||||||
Income (loss) from continuing operations before income taxes | $ | 614 | $ | 748 | $ | 276 | $ | (339 | ) | $ | (246 | ) | |||||
Fixed charges: | |||||||||||||||||
Interest expense, gross | 217 | 227 | 227 | 215 | 205 | ||||||||||||
Portion of rentals representative of interest | 35 | 34 | 31 | 35 | 42 | ||||||||||||
Total fixed charges before capitalized interest | 252 | 261 | 258 | 250 | 247 | ||||||||||||
Capitalized interest | — | — | — | — | — | ||||||||||||
Total fixed charges including capitalized interest | 252 | 261 | 258 | 250 | 247 | ||||||||||||
Earnings (losses) | $ | 866 | $ | 1,009 | $ | 534 | $ | (89 | ) | $ | 1 | ||||||
Ratio of earnings (losses) to fixed charges (a) | 3.4 | 3.9 | 2.1 | — | — | ||||||||||||
(a) | In 2003 and 2002, earnings were insufficient to cover fixed charges by $339 million and $246 million, respectively. |