Registration document 2007 - Total.com

Statutory auditors’ report on the
consolidated financial statements p. 168
Consolidated statement of income p. 169
Consolidated balance sheet p. 170
Consolidated statement of cash flows p. 171
Consolidated statement of changes in
shareholders’ equity p. 172
Notes to the consolidated financial
statements p. 173
• Introduction p. 173
• 1) Accounting policies p. 173
• 2) Main indicators – information by business segment
• 3) Changes in the Group structure, main acquisitions
p. 180
and divestitures p. 181
• 4) Business segment information p. 182
• 5) Information by geographical area p. 194
• 6) Operating expenses p. 194
• 7) Other income and other expense p. 194
• 8) Other financial income and expense p. 195
• 9) Income taxes p. 195
• 10) Intangible assets p. 197
• 11) Property, plant and equipment p. 198
• 12) Equity affiliates: investment and loans p. 199
• 13) Other investments p. 200
• 14) Other non-current assets p. 201
• 15) Inventories p. 201
Appendix 1 – Consolidated financial statements
Contents
Appendix 1 –
Consolidated financial statements
• 16) Accounts receivable and other current assets p. 201
• 17) Shareholders’ equity p. 202
• 18) Employee benefits obligations p. 205
• 19) Other non-current liabilities p. 207
• 20) Financial debt and related financial instruments p. 209
• 21) Other creditors and accrued liabilities p. 213
• 22) Lease contracts p. 214
• 23) Commitments and contingencies p. 215
• 24) Share-based payments p. 217
• 25) Payroll and staff p. 221
• 26) Statement of cash flows p. 221
• 27) Fair value of financial instruments p. 222
• 28) Related parties p. 226
• 29) Market risks p. 227
• 30) Other risks and contingent liabilities p. 230
• 31) Other information p. 232
• 32) Arkema spin-off p. 232
• 33) Consolidated subsidiaries p. 234
TOTAL – Registration Document 2006
9
167