TotalEnergies SE (TTE) 6-K 2018 H1 Current report (foreign)

Exhibit 99.4

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(unaudited)

	Six Months Ended June 30,						Years Ended December 31,
(Amounts in millions of dollars)	2018			2017			2017			2016			2015			2014		2013
Net income*		6,357			4,886			8,631			6,196			5,087			4,244		11,228
Income tax expenses*		3,683			1,165			3,029			970			1,653			8,614		14,767
Non-controlling interests		(74	)		(80	)		(332	)		10			(301	)		6		293
Equity in income of affiliates (in excess of)/ less than dividends received		(557	)		206			42			(643	)		(311	)		29		(775	)
Interest expensed		663			471			1,000			734			742			536		656
Estimate of the interest within rental expense		245			272			489			543			477			406		357
Amortization of capitalized interest		101			109			191			161			174			160		135
Total*		10,418			7,029			13,050			7,971			7,521			13,995		26,661
Interest expensed		663			471			1,000			734			742			536		656
Capitalized interest		254			244			475			481			362			341		349
Estimate of the interest within rental expense		245			272			489			543			477			406		357
Preference security dividend requirements of consolidated subsidiaries		—			—			—			—			—			—		—
Fixed charges		1,162			987			1,964			1,758			1,581			1,283		1,362
Ratio of earnings to fixed charges*		8.97			7.12			6.64			4.53			4.76			10.91		19.57

* Figures for 2013 have been restated pursuant to the retrospective application of the accounting interpretation IFRIC 21 from January 1, 2014.