EXHIBIT 7
BP AMOCO p.l.c. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited)
Year ended
December 31,
2000
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($ million)
Profit before taxation............................................... 16,934
BP's share of income in excess of dividends from joint ventures and
associated undertakings............................................ (596)
Capitalized interest................................................. (119)
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Profit as adjusted................................................... 16,219
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Fixed charges
Interest net of interest expense of joint ventures
and associated undertakings...................................... 1,363
Rental expense representative of interest.......................... 385
Capitalized interest............................................... 119
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1,867
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Total adjusted earnings available for payment of fixed charges....... 18,086
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Ratio of earnings to fixed charges................................... 9.7
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Total adjusted earnings available for payment of fixed charges, after taking
account of adjustments to profit before taxation to accord with US GAAP 17,189
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Ratio of earnings to fixed charges with adjustments to accord with US GAAP 9.2
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E - 1