Exhibit 12.01
Travelers Group Inc. and Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
(In millions of dollars, except for ratio)
Nine months ended
September 30,
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1998 1997
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Income from continuing operations
before income taxes and minority interest $ 3,889 $ 4,478
Interest 9,805 8,250
Portion of rentals deemed to be interest 93 91
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Earnings available for fixed charges $13,787 $12,819
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Fixed charges
Interest $ 9,805 $ 8,250
Portion of rentals deemed to be interest 93 91
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Fixed charges $ 9,898 $ 8,341
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Ratio of earnings to fixed charges 1.39x 1.54x
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