EX-7.1 3 d664274dex71.htm EX-7.1 EX-7.1




The following table shows the ratios of earnings to fixed charges for TOTAL S.A. and its subsidiaries and affiliates (collectively, “TOTAL” or the “Group”), computed in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board and as adopted by the European Union, for the fiscal years ended December 31, 2013, 2012, 2011, 2010 and 2009.


     Years Ended December 31,  
      2013      2012*      2011*      2010*      2009*  

For the Group (IFRS)

     19.61         24.38         27.36         29.17         21.02   


* Figures for 2012, 2011, 2010 and 2009 have been restated pursuant to the retrospective application of the revised accounting standard IAS 19 from January 1, 2013.

Earnings for the computations above under IFRS were calculated by adding pre-tax income from continuing operations before adjustment for non-controlling interests in consolidated subsidiaries or income or loss from equity investees, fixed charges and distributed income of equity investees. Fixed charges for the computations above consist of interest (including capitalized interest) on all indebtedness, amortization of debt discount and expense and that portion of rental expense representative of the interest factor.