Exhibit 99.4
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(unaudited)
| Years Ended December 31, | |||||||||||||||||||||
| (Amounts in millions of dollars) | 2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||
| Net income(a) | 8,631 | 6,196 | 5,087 | 4,244 | 11,228 | ||||||||||||||||
| Income tax expenses(a) | 3,029 | 970 | 1,653 | 8,614 | 14,767 | ||||||||||||||||
| Non-controlling interests | (332 | ) | 10 | (301 | ) | 6 | 293 | ||||||||||||||
| Equity in income of affiliates (in excess of)/less than dividends received | 42 | (643 | ) | (311 | ) | 29 | (775 | ) | |||||||||||||
| Interest expensed | 1,000 | 734 | 742 | 536 | 656 | ||||||||||||||||
| Estimate of the interest within rental expense | 489 | 543 | 477 | 406 | 357 | ||||||||||||||||
| Amortization of capitalized interest | 191 | 161 | 174 | 160 | 135 | ||||||||||||||||
| Total(a) | 13,050 | 7,971 | 7,521 | 13,995 | 26,661 | ||||||||||||||||
| Interest expensed | 1,000 | 734 | 742 | 536 | 656 | ||||||||||||||||
| Capitalized interest | 475 | 481 | 362 | 341 | 349 | ||||||||||||||||
| Estimate of the interest within rental expense | 489 | 543 | 477 | 406 | 357 | ||||||||||||||||
| Preference security dividend requirements of consolidated subsidiaries | — | — | — | — | — | ||||||||||||||||
| Fixed charges | 1,964 | 1,758 | 1,581 | 1,283 | 1,362 | ||||||||||||||||
| Ratio of earnings to fixed charges(a) | 6.64 | 4.53 | 4.76 | 10.91 | 19.57 | ||||||||||||||||
| (a) | Figures for 2013 have been restated pursuant to the retrospective application of the accounting interpretation IFRIC 21 from January 1, 2014. |
