Attached files
| file | filename |
|---|---|
| EX-21.1 - EX-21.1 - LyondellBasell Industries N.V. | h80612exv21w1.htm |
| 10-K - FORM 10-K - LyondellBasell Industries N.V. | h80612e10vk.htm |
| EX-32 - EX-32 - LyondellBasell Industries N.V. | h80612exv32.htm |
| EX-31.1 - EX-31.1 - LyondellBasell Industries N.V. | h80612exv31w1.htm |
| EX-31.2 - EX-31.2 - LyondellBasell Industries N.V. | h80612exv31w2.htm |
| EX-23.1 - EX-23.1 - LyondellBasell Industries N.V. | h80612exv23w1.htm |
Exhibit 12.1
LYONDELLBASELL
INDUSTRIES N.V.
STATEMENT
SETTING FORTH DETAIL FOR COMPUTATION OF
RATIO OF
EARNINGS TO FIXED CHARGES
| Successor | Predecessor | ||||||||||||||||||||
|
May 1 |
January 1 |
||||||||||||||||||||
|
through |
through |
For the Year Ended | |||||||||||||||||||
|
December 31 |
April 30, |
December 31, |
December 31, |
December 31, |
|||||||||||||||||
|
Millions of dollars, except ratio data
|
2010 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||
|
Income (loss) from continuing operations before income taxes
|
$ | 1,686 | $ | 7,383 | $ | (4,283 | ) | $ | (8,191 | ) | $ | 940 | |||||||||
|
Deduct income (loss) from equity investments
|
86 | 84 | (181 | ) | 38 | 162 | |||||||||||||||
|
Add distributions of earnings from equity investments
|
34 | 18 | 26 | 98 | 148 | ||||||||||||||||
|
Earnings adjusted for equity investments
|
1,634 | 7,317 | (4,076 | ) | (8,131 | ) | 926 | ||||||||||||||
|
Fixed charges:
|
|||||||||||||||||||||
|
Interest expense, gross
|
545 | 713 | 1,795 | 2,476 | 353 | ||||||||||||||||
|
Portion of rentals representative of interest
|
56 | 35 | 104 | 183 | 24 | ||||||||||||||||
|
Total fixed charges before capitalized interest
|
601 | 748 | 1,899 | 2,659 | 377 | ||||||||||||||||
|
Capitalized interest
|
2 | 4 | 35 | 13 | 3 | ||||||||||||||||
|
Total fixed charges including capitalized interest
|
603 | 752 | 1,934 | 2,672 | 380 | ||||||||||||||||
|
Earnings before fixed charges
|
$ | 2,237 | $ | 8,069 | $ | (2,142 | ) | $ | (5,459 | ) | $ | 1,306 | |||||||||
|
Ratio of earnings to fixed charges(a)
|
3.71 | 10.73 | —- | — | 3.44 | ||||||||||||||||
| (a) | For the years 2009 and 2008, earnings were insufficient to cover fixed charges by $4,076 million and $8,131 million, respectively. |