Exhibit 7.1

Computation of ratios of earnings to combined fixed charges (and preference share dividends)

For the purpose of calculating the ratios, earnings consist of income from continuing operations before taxation and non-controlling interests, plus fixed charges, and after deduction of the unremitted pre-tax income of associated undertakings. Fixed charges consist of total interest expense, including or excluding interest on deposits, as appropriate, dividends on preference shares and other equity instruments, as applicable, and the proportion of rental expense deemed representative of the interest factor.

	2012 US$m			2011 US$m			2010 US$m			2009 US$m			2008 US$m
Profit before tax		20,649			21,872			19,037			7,079			9,307
Dividends received from associates		489			304			441			414			655
Share of profit in associates and joint ventures		(3,557	)		(3,264	)		(2,517	)		(1,781	)		(1,661	)
Fixed charges		23,056			27,768			23,246			26,201			60,654
– interest on deposits		20,306			24,786			20,465			23,328			56,822
– rental expense and other charges1		2,750			2,982			2,781			2,873			3,832
Earnings2
– excluding interest on deposits		20,331			21,894			19,742			8,585			12,133
– including interest on deposits		40,637			46,680			40,207			31,913			68,955
Preference share dividends3		759			699			574			374			255
Combined fixed charges and preference share dividends
– excluding interest on deposits		3,509			3,681			3,355			3,247			4,087
– including interest on deposits		23,815			28,467			23,820			26,575			60,909

1 Includes an estimate of the interest in rental expense, charges incurred in respect of subordinated liabilities and interest on preference shares.

2 Includes profit before tax, dividends received from associates, and fixed charges, less share of profit in associates and joint ventures.

3 Dividends on preference shares and other equity instruments.