UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 6-K
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
For the date of June 28 2010
 
Lloyds Banking Group plc
 
25 Gresham Street, London EC2V 7HN
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
 
Form 20-F     X      Form 40-F ___
 
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
 
Yes ___   No     X   
 
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________
 
 
THIS REPORT ON FORM 6-K SHALL BE DEEMED TO BE INCORPORATED BY REFERENCE IN THE REGISTRATION STATEMENT ON FORM F-3 (FILE NO. 333-167844) OF LLOYDS BANKING GROUP PLC AND TO BE A PART THEREOF FROM THE DATE ON WHICH THIS REPORT IS FURNISHED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED OR FURNISHED.
 

 
 
 
 
Lloyds Banking Group plc
 
Lloyds Banking Group plc hereby incorporates by reference the following exhibit to this Report on Form 6-K into its Registration Statement on Form F-3 (File No. 333-167844) as Exhibit 12.
 
 
Exhibit
  
Document
12
  
Statement of Computation of Ratio of Earnings to Fixed Charges and Ratio of Combined Fixed Charges and Preference Dividends to Earnings

 

 
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Signatures
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorised.
 
 
Lloyds Banking Group plc
 (Registrant)
 
  
       
Date: 28 June 2010
      
   
 
  
 
By:
/s/ Tim J. W. Tookey
  
 
Tim J. W. Tookey
  
 
Group Finance Director
  
 
Lloyds Banking Group plc
  
 
 
 
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Ratio of earnings to fixed charges

The table below shows the ratio of earnings to fixed charges:

Earnings (1)
  
2009
    
2008
    
2007
    
2006
    
2005
  
      £m       £m       £m       £m       £m  
Profit before tax (2)
     1,042       760       3,999       4,249       3,810  
Share of losses / (profits) from joint ventures and associates
     752       (4 )     (10 )     (6 )     3  
Add: Dividends received from joint ventures and associates
     2       52       2       2       1  
Add: Fixed charges
     19,866       10,352       11,208       9,131       7,439  
Earnings
     21,662       11,160       15,199       13,376       11,253  
                                         
                                         
Fixed charges
  
2009
    
2008
    
2007
    
2006
    
2005
  
      £m       £m       £m       £m       £m  
Interest expensed and capitalised (3)
     19,730       10,277       11,138       9,059       7,367  
Estimated interest included within rental expense (4)
     136       75       70       72       72  
Fixed charges
     19,866       10,352       11,208       9,131       7,439  
                                         
Preference dividends (5)
     -       -       -       -       -  
                                         
Combined fixed charges and preference dividends
     19,866       10,352       11,208       9,131       7,439  
                                         
Ratios
                                        
Ratio of earnings to fixed charges
     1.09       1.08       1.36       1.46       1.51  
Ratio of earnings to combined fixed charges and preference dividends
     1.09       1.08       1.36       1.46       1.51  

Notes

(1)
For the purposes of these ratios, earnings consist of profit before tax, less the unremitted income of joint ventures and associates (i.e. the share of profits / losses from joint ventures and associates less dividends received), plus fixed charges.

(2)
The profit before tax for 2008 and preceding years has been restated to show the impact of the amendment to IFRS 2 Share-based Payment, which was adopted in the Group's 2009 consolidated financial statements, as disclosed on pages 3 and F-9 of the Group's 2009 Annual Report on Form 20-F.

(3)
Interest expensed and capitalised includes the amortisation of debt issuance costs, discounts and premiums.

(4)
Fixed charges consist of total interest expensed and capitalised plus an estimate for the proportion of rental expenses deemed to represent interest cost.  This has been estimated at 30% of rental expenses, as a reasonable approximation of the interest factor.
 
 
 
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(5)
There are no preference shares accounted for as equity; all preference shares being accounted for as debt and therefore preference share dividends are already included within interest costs.  As a result, the ratios calculated using fixed charges and combined fixed charges plus preference dividends are the same.

(6)
The amortisation of debt issuance costs/discount/premium is included in the 'Interest expense and capitalised', without quantification of any amounts.
 
 
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