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. |