EXHIBIT 12(A)
AMOCO ARGENTINA OIL COMPANY
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STATEMENT SETTING FORTH COMPUTATION OF RATIO OF
EARNINGS TO FIXED CHARGES
(MILLIONS OF DOLLARS, EXCEPT RATIOS)
SIX MONTHS YEAR ENDED DECEMBER 31,
ENDED JUNE ---------------------------------
30, 1995 1994 1993 1992 1991 1990
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Determination of Income:
Consolidated earnings before income taxes
and minority interest..................... $52.6 $ 86 $ 110 $ 96 $ 195 $ 151
Fixed charges expensed by consolidated
companies................................. 3.7 5 -- -- -- --
Adjustments for certain companies accounted
for by the equity method.................. -- -- -- -- -- --
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Adjusted earnings plus fixed charges......... $56.3 $ 91 $ 110 $ 96 $ 195 $ 151
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Determination of Fixed Charges:
Consolidated interest on indebtedness
(including interest capitalized).......... $ 3.7 $ 5 $-- $-- $-- $--
Consolidated rental expense representative
of an interest factor..................... -- -- -- -- -- --
Adjustments for certain companies accounted
for by the equity method.................. -- -- -- -- -- --
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Total fixed charges.......................... $ 3.7 $ 5 $-- $-- $-- $--
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Ratio of earnings to fixed charges........... 15.2 18.2 N/A N/A N/A N/A