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As Of Filer Filing For·On·As Docs:Size Issuer Agent 3/15/04 Exxon Mobil Corp 10-K 12/31/03 13:2.9M RR Donnelley/FA |
Document/Exhibit Description Pages Size 1: 10-K Annual Report HTML 2.39M 2: EX-10.3(E) Short Term Incentive Program HTML 45K 3: EX-10.3(J) Terms for Restricted Stock Agreements HTML 30K 4: EX-12 Computation of Ratio of Earnings to Fixed Charges HTML 36K 5: EX-14 Code of Ethics and Business Conduct HTML 20K 6: EX-21 Subsidiaries of the Registrant HTML 70K 7: EX-23 Consent of Pricewaterhousecoopers HTML 13K 8: EX-31.1 Section 302 Cert - CEO HTML 15K 9: EX-31.2 Section 302 Cert - Principal Accounting Officer HTML 15K 10: EX-31.3 Section 302 Cert - Principal Financial Officer HTML 16K 11: EX-32.1 Section 906 Cert - CEO HTML 9K 12: EX-32.2 Section 906 Cert - Principal Accounting Officer HTML 9K 13: EX-32.3 Section 906 Cert - Principal Financial Officer HTML 9K
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES |
EXHIBIT 12
EXXON MOBIL CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Years Ended December 31, |
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2003 |
2002 |
2001 |
2000 |
1999 |
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(millions of dollars) | ||||||||||||||||||||
Income from continuing operations |
$ | 20,960 | $ | 11,011 | $ | 15,003 | $ | 15,806 | $ | 7,845 | ||||||||||
Excess/(shortfall) of dividends over earnings of affiliates owned less than 50 percent accounted for by the equity method |
(205 | ) | (140 | ) | (108 | ) | (354 | ) | 300 | |||||||||||
Provision for income taxes(1) |
11,734 | 7,073 | 9,599 | 11,614 | 3,617 | |||||||||||||||
Capitalized interest |
(180 | ) | (143 | ) | (255 | ) | (409 | ) | (423 | ) | ||||||||||
Minority interests in earnings of consolidated subsidiaries |
692 | 206 | 556 | 346 | 139 | |||||||||||||||
33,001 | 18,007 | 24,795 | 27,003 | 11,478 | ||||||||||||||||
Fixed Charges:(1) |
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Interest expense—borrowings |
182 | 368 | 328 | 637 | 826 | |||||||||||||||
Capitalized interest |
497 | 442 | 529 | 653 | 606 | |||||||||||||||
Rental expense representative of interest factor |
424 | 587 | 621 | 551 | 617 | |||||||||||||||
Dividends on preferred stock |
3 | 5 | 8 | 12 | 8 | |||||||||||||||
1,106 | 1,402 | 1,486 | 1,853 | 2,057 | ||||||||||||||||
Total adjusted earnings available for payment of fixed charges |
$ | 34,107 | $ | 19,409 | $ | 26,281 | $ | 28,856 | $ | 13,535 | ||||||||||
Number of times fixed charges are earned |
30.8 | 13.8 | 17.7 | 15.6 | 6.6 |
Note:
(1) | The provision for income taxes and the fixed charges include Exxon Mobil Corporation’s share of 50 percent-owned companies and majority-owned subsidiaries that are not consolidated. |
This ‘10-K’ Filing | Date | Other Filings | ||
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Filed on: | 3/15/04 | |||
For Period End: | 12/31/03 | 11-K, 4 | ||
List all Filings |