Exhibit 12.2
CONOCOPHILLIPS AND CONSOLIDATED SUBSIDIARIES
TOTAL ENTERPRISE
TOTAL ENTERPRISE
Computation of Pro Forma Ratio of Earnings to Fixed Charges
Millions of Dollars | ||||
Year Ended | ||||
December 31, 2005 | ||||
Pro Forma Earnings Available for Fixed Charges | ||||
Pro forma income from continuing operations before income taxes | $ | 25,756 | ||
Pro forma distributions less than equity in earnings of fifty-percent-or-less-owned companies | (1,789 | ) | ||
Pro forma fixed charges, excluding capitalized interest* | 1,620 | |||
$ | 25,587 | |||
Pro Forma Fixed Charges | ||||
Pro forma interest and expense on indebtedness, excluding capitalized interest | $ | 1,360 | ||
Pro forma capitalized interest | 396 | |||
Pro forma interest portion of rental expense | 198 | |||
$ | 1,954 | |||
Pro Forma Ratio of Earnings to Fixed Charges | 13.1 | |||
*Includes amortization of capitalized interest. |
Pro forma earnings available for fixed charges include, if any, the company’s pro forma equity in losses of companies owned less than fifty percent and having debt for which the company is contingently liable. Pro forma fixed charges include the company’s proportionate share, if any, of pro forma interest relating to the contingent debt.