Registration document 2007 - Total.com

Appendix 1 – Consolidated financial statements
Notes to the consolidated financial statement
2004 Consolidated
(in M€) Adjusted Adjustment items(*) statement of income
Sales 116,842 - 116,842
Excise taxes (21,517) - (21,517)
Revenues from sales 95,325 - 95,325
Purchases, net of inventory variation (56,738) 718 (56,020)
Other operating expenses (16,721) (49) (16,770)
Exploration costs (414) - (414)
Depreciation, depletion and amortization of tangible assets and leasehold rights (4,762) (333) (5,095)
Operating income -
Corporate (349) - (349)
Business segments 17,039 336 17,375
Total operating income 16,690 336 17,026
Other income 104 3,034 3,138
Other expense (386) (450) (836)
Financial interest on debt (702) - (702)
Financial income from marketable securities & cash equivalents 572 - 572
Cost of net debt (130) - (130)
Other financial income 321 - 321
Other financial expense (227) - (227)
Income taxes (8,196) (407) (8,603)
Equity in income (loss) of affiliates 1,421 (263) 1,158
Net income from continuing operations (Group without Arkema) 9,597 2,250 11,847
Net income from discontinued operations (Arkema) (195) (503) (698)
Consolidated net income 9,402 1,747 11,149
Group share and dividends on subsidiaries’ redeemable preferred shares 9,131 1,737 10,868
Minority interests 271 10 281
(*) Adjustments include special items, inventory valuation effect and equity share of amortization of intangible assets related to the Sanofi-Aventis merger.
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TOTAL – Registration Document 2006 191