Registration document 2007 - Total.com
Registration document 2007 - Total.com
Registration document 2007 - Total.com
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Appendix 1 – Consolidated financial statements<br />
Notes to the consolidated financial statement<br />
2005<br />
(in M€) Upstream Downstream Chemicals Corporate Inter-<strong>com</strong>pany <strong>Total</strong><br />
Non-Group sales 20,888 99,934 16,765 20 - 137,607<br />
Inter-segment sales 19,139 4,293 602 170 (24,204) -<br />
Excise taxes - (20,550) - - - (20,550)<br />
Revenues from sales 40,027 83,677 17,367 190 (24,204) 117,057<br />
Operating expenses (18,275) (77,517) (15,669) (624) 24,204 (87,881)<br />
Depreciation, depletion and amortization<br />
of tangible assets and leasehold rights (3,331) (1,064) (579) (33) - (5,007)<br />
Operating in<strong>com</strong>e 18,421 5,096 1,119 (467) - 24,169<br />
Equity in in<strong>com</strong>e (loss) of affiliates and other items 587 422 (348) 367 - 1,028<br />
Tax on net operating in<strong>com</strong>e (10,979) (1,570) (170) 819 - (11,900)<br />
Net operating in<strong>com</strong>e 8,029 3,948 601 719 - 13,297<br />
Net cost of net debt (193)<br />
Minority interests and dividends on<br />
subsidiaries’ redeemable preferred shares (373)<br />
Net in<strong>com</strong>e from continuing operations<br />
Group share 12,731<br />
Net in<strong>com</strong>e from discontinued operations<br />
Group share (458)<br />
Net in<strong>com</strong>e 12,273<br />
2005 (adjustments)(*)<br />
(in M€) Upstream Downstream Chemicals Corporate Inter-<strong>com</strong>pany <strong>Total</strong><br />
Non-Group sales<br />
Inter-segment sales<br />
Excise taxes<br />
Revenues from sales (a)<br />
Operating expenses - 1,197 49 - 1,246<br />
Depreciation, depletion and amortization of<br />
tangible assets and leasehold rights - - (78) - (78)<br />
Operating in<strong>com</strong>e (a) - 1,197 (29) - 1,168<br />
Equity in in<strong>com</strong>e (loss) of affiliates and other items (b) - 76 (386) (545) (855)<br />
Tax on net operating in<strong>com</strong>e - (241) 49 590 398<br />
Net operating in<strong>com</strong>e (a) - 1,032 (366) 45 711<br />
Net cost of net debt -<br />
Minority interests and dividends on<br />
subsidiaries’ redeemable preferred shares (8)<br />
Net in<strong>com</strong>e from continuing operations<br />
Group share 703<br />
Net in<strong>com</strong>e from discontinued operations<br />
Group share (433)<br />
Net in<strong>com</strong>e 270<br />
(*) Adjustments include special items, inventory valuation effect and equity share of amortization of intangible assets related to the Sanofi-Aventis merger.<br />
(a) Of which inventory valuation effect<br />
On operating in<strong>com</strong>e - 1,197 68 -<br />
On net operating in<strong>com</strong>e<br />
(b) Of which equity share of amortization of intangible<br />
- 1,032 50 -<br />
assets related to Sanofi-Aventis - - - (337)<br />
9<br />
TOTAL – <strong>Registration</strong> Document 2006 185