Registration document 2007 - Total.com
Registration document 2007 - Total.com
Registration document 2007 - Total.com
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1 Key Figures p. 3 6 TOTAL and its shareholders p. 125<br />
2<br />
3<br />
4<br />
5<br />
Contents<br />
Selected Financial Information p. 3<br />
Operating and market data p. 4<br />
Business overview p. 9<br />
History and strategy of TOTAL p. 10<br />
Upstream p. 11<br />
Exploration & Production p. 13<br />
Interests in pipelines p. 36<br />
Gas & Power p. 37<br />
Downstream p. 42<br />
Refining & Marketing p. 43<br />
Trading & Shipping p. 48<br />
Chemicals p. 50<br />
Base Chemicals p. 51<br />
Specialties p. 53<br />
Investments p. 55<br />
Organizational structure p. 56<br />
Property, Plant and Equipment p. 57<br />
Organizational Chart p. 58<br />
Management Report of the<br />
Board of Directors p. 61<br />
Summary of results and financial position p. 62<br />
Liquidity and capital resources p. 69<br />
Research and development p. 71<br />
Trends and outlook p. 73<br />
Risk Factors p. 75<br />
Market risks p. 76<br />
Legal risks p. 80<br />
Industrial and environmental risks p. 84<br />
Other specific risks p. 86<br />
Insurance and risk management p. 89<br />
Corporate Governance p. 91<br />
Board of Directors p. 92<br />
Management p. 99<br />
Statutory Auditors p. 100<br />
Compensation of the Board of Directors<br />
and Executive Officers p. 101<br />
Report of the Chairman of the Board of Directors<br />
(Article L 225-37 of the French Commercial Code) p. 104<br />
Statutory auditor’s report<br />
(Article L 225-235 of the French Commercial Code) p. 112<br />
Employees, Share Ownership, Stock Options<br />
and Restricted Share Grants p. 113<br />
7<br />
8<br />
9<br />
10<br />
11<br />
Listing details p. 126<br />
Dividends p. 131<br />
Share buybacks p. 133<br />
Shareholders p. 138<br />
Information for overseas shareholders p. 142<br />
Shareholder relations p. 144<br />
Financial information p. 149<br />
Historical financial information p. 150<br />
Audit of historical financial information p. 150<br />
Additional information p. 151<br />
Dividend policy p. 151<br />
Legal and arbitration proceedings p. 151<br />
Significant changes p. 151<br />
General information p. 153<br />
Share capital p. 154<br />
Articles of incorporation and bylaws; Other information p. 160<br />
Other matters p. 163<br />
Documents on display p. 164<br />
Information on holdings p. 165<br />
Appendix 1 -<br />
Consolidated financial statements p. 167<br />
Statutory auditors’ report on the<br />
consolidated financial statements p. 168<br />
Consolidated statement of in<strong>com</strong>e p. 169<br />
Consolidated balance sheet p. 170<br />
Consolidated statement of cash flows p. 171<br />
Consolidated statement of changes in<br />
shareholders’ equity p. 172<br />
Notes to the consolidated financial statements p. 173<br />
Appendix 2 - Supplemental oil and gas<br />
information (unaudited) p. 237<br />
Oil and gas reserves p. 238<br />
Financial review p. 242<br />
Other information p. 247<br />
Appendix 3 - TOTAL S.A. p. 249<br />
Special auditors’ report on regulated agreements p. 250<br />
Statutory auditors’ report on the<br />
annual financial statements p. 251<br />
Parent <strong>com</strong>pany’s statutory financial statements p. 252<br />
Other financial information concerning<br />
the Parent Company p. 270<br />
Social and environmental information p. 275<br />
Consolidated financial information for the last five years p. 281<br />
European Cross Reference List p. 282