EX-12.02 6 citi-exhibit1202x9302014.htm EXHIBIT 12.02 citi-exhibit 12.02-9.30.2014
Exhibit 12.02

CITIGROUP INC.
 
 
 
 
 
 
 
 
 
 
 
 
 
CALCULATION OF RATIO OF INCOME TO FIXED CHARGES
 
 
 
 
 
 
 
 
 
 
 
 
 
INCLUDING PREFERRED STOCK DIVIDENDS
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended
 
Years ended December 31,
 
September 30,
In millions of dollars, except for ratios
2013
 
2012
 
2011
 
2010
 
2009
 
2014
 
2013
EXCLUDING INTEREST ON DEPOSITS:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense (other than interest on deposits)
$
9,941

 
$
12,922

 
$
15,678

 
$
16,725

 
$
17,711

 
$
6,196

 
$
7,691

Interest factor in rent expense
460

 
496

 
495

 
500

 
522

 
347

 
346

Dividends--Preferred Stock
194

 
26

 
26

 
9

 
22,708

 
352

 
123

Total fixed charges
$
10,595

 
$
13,444

 
$
16,199

 
$
17,234

 
$
40,941

 
$
6,895

 
$
8,160

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income
 
 
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations before taxes and noncontrolling interests
$
19,497

 
$
7,825

 
$
14,722

 
$
13,116

 
$
(7,776
)
 
$
12,991

 
$
16,082

Fixed charges (including preferred stock dividends)
10,595

 
13,444

 
16,199

 
17,234

 
40,941

 
6,895

 
8,160

Total income
$
30,092

 
$
21,269

 
$
30,921

 
$
30,350

 
$
33,165

 
$
19,886

 
$
24,242

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2.84

 
1.58

 
1.91

 
1.76

 
NM

 
2.88

 
2.97

Ratio of income to fixed charges excluding interest on deposits
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
INCLUDING INTEREST ON DEPOSITS:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense
$
16,177

 
$
20,612

 
$
24,209

 
$
25,057

 
$
27,902

 
$
10,531

 
$
12,440

Interest factor in rent expense
460

 
496

 
495

 
500

 
522

 
347

 
346

Dividends--Preferred Stock
194

 
26

 
26

 
9

 
22,708

 
352

 
123

Total fixed charges
$
16,831

 
$
21,134

 
$
24,730

 
$
25,566

 
$
51,132

 
$
11,230

 
$
12,909

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income
 
 
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations before taxes and noncontrolling interests
$
19,497

 
$
7,825

 
$
14,722

 
$
13,116

 
$
(7,776
)
 
$
12,991

 
$
16,082

Fixed charges (including preferred stock dividends)
16,831

 
21,134

 
24,730

 
25,566

 
51,132

 
11,230

 
12,909

Total income
$
36,328

 
$
28,959

 
$
39,452

 
$
38,682

 
$
43,356

 
$
24,221

 
$
28,991

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ratio of income to fixed charges including interest on deposits
2.16

 
1.37

 
1.60

 
1.51

 
NM

 
2.16

 
2.25