EX-7 122 exhibit7.htm FIXED CHARGES Statoil 2010 Annual Report on Form 20-F
    2010 2009 2008 2007 2006

Fixed Charges

 

 

 

 

 

 

 

Interest expense

1,751

12,451

(1,991)

2,741

3,060

+

Interest within rental expense

5,208

4,830

4,284

2,388

2,037

+

Capitalized interest

995

1,351

1,225

2,680

3,255

Total fixed charges (A)

7,954

18,632

3,518

7,809

8,353

 

 

 

 

 

 

 

Earnings

 

 

 

 

 

 

 

Income before tax and minority interest

136,816

114,890

180,467

146,811

171,240

-

Equity in net inc non-consol investees

(1,133)

(1,778)

(1,283)

(609)

(679)

+

Distributed income of equity investees

42

(21)

32

345

266

=

Income before taxes, minority interests and equit investees

135,725

113,091

179,216

146,547

170,827

+

Fixed charges (A)

7,954

18,632

3,518

7,809

8,353

+

Ordinary depr capital interest

1,637

1,880

1,613

1,453

1,289

-

Capitalized interest

(995)

(1,351)

(1,225)

(2,680)

(3,255)

Total earnings

144,321

132,252

183,122

153,129

177,213

 

 

 

 

 

 

 

Ratio

18.1

7.1

52.1

19.6

21.2