Registration document 2007 - Total.com

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11 Statement of Income (TOTAL S.A.) (in thousands of euros) 2006 2005 2004 Sales (note 12) 10,142,105 8,405,922 6,108,685 Operating expenses, net (note 13) (7,537,212) (6,413,814) (4,828,027) Operating depreciation, amortization and allowances (note 14) (79,260) (82,960) (77,783) Operating income 2,525,633 1,909,148 1,202,875 Financial expenses and income (note 15) (1,095,236) (579,837) (567,839) Dividends (Note 16) 6,415,836 4,574,992 3,815,831 Net depletion (167,664) (88,350) (36,847) Other financial income and expenses (note 17) 35,915 (370,558) 1,040 Financial income 5,188,851 3,536,247 3,212,185 Current income 7,714,484 5,445,395 4,415,060 Gains (Losses) on sales of marketable securities and loans 32,436 1,695 18,463 Gains (Losses) on sales of fixed assets (1) 93 2 Other non-recurring items (25,600) 8,526 9,695 Non-recurring income/(Loss) 6,835 10,314 28,160 Employee profit-sharing plan (31,971) (27,395) (27,772) Taxes (2,437,242) (1,285,360) (972,196) Net income 5,252,106 4,142,954 3,443,252 252 Appendix 3 - TOTAL S.A. Parent company’s statutory financial statements Parent company’s statutory financial statements TOTAL - Registration Document 2006
Balance Sheet (TOTAL S.A.) Appendix 3 - TOTAL S.A. Parent company’s statutory financial statements (in thousands of euros) ASSETS 2006 2005 2004 Non-Current Assets Intangible assets 252,901 186,596 127,159 Accumulated amortization (135,404) (104,254) (77,481) Intangible assets, net 117,497 82,342 49,678 Property, plant and equipment (note 2) 422,726 393,215 355,206 Accumulated depreciation, depletion and amortization (244,402) (204,843) (171,250) Property, plant and equipment, net 178,324 188,372 183,956 Subsidiaries and affiliates: investments and loans (note 3) 75,759,201 77,060,078 76,460,893 Less: accumulated amortization (407,302) (425,913) (399,982) Other non-current assets (note 4) 1,808,376 268,681 774,028 Investments and other non-current assets, net 77,160,275 76,902,846 76,834,939 Total Non-Current Assets 77,456,096 77,173,560 77,068,573 Current Assets Inventories 1,290 1,361 1,527 Accounts receivable (note 5) 1,650,852 1,543,559 1,254,248 Marketable securities 1,060,777 1,173,650 1,282,060 Cash/cash equivalents and short-term deposits 396,056 23,655 202,676 Total Current Assets 3,108,975 2,742,225 2,740,511 Prepaid expenses 7,370 2,735 3,638 Translation adjustment (note 11) 72,789 12 429,860 Total Assets 80,645,230 79,918,532 80,242,582 (in thousands of euros) LIABILITIES AND SHAREHOLDERS’ EQUITY 2006 2005 2004 Shareholders’ Equity (note 6) Common shares 6,064,420 6,151,163 6,350,151 Paid-in surplus 31,155,966 34,563,052 38,015,444 Reserves (note 6B) 3,976,493 3,976,493 3,981,481 Retained earnings 1,671,091 1,458,996 1,355,571 Net income 5,252,106 4,142,954 3,443,252 Interim dividends (2,064,167) (1,820,474) (1,498,094) Total Shareholders’ Equity 46,055,909 48,472,184 51,647,805 Contingency Reserves (notes 7 & 8) 1,561,673 1,379,724 1,305,426 Debts: Long-term loans (note 9) 5,993,990 4,506,468 1,497,359 Short-term loans (note 9) 25,281,590 24,048,655 24,651,041 Liabilities (note 10) 1,752,042 1,414,670 1,140,913 Total Debts 33,027,622 29,969,793 27,289,313 Translation adjustment (note 11) 26 96,831 38 Total Liabilities and Shareholders’ Equity 80,645,230 79,918,532 80,242,582 11 TOTAL - Registration Document 2006 253
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Registration Document 2006
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Registration Document 2006 This is
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Key figures Selected financial info
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116,842 Key figures Operating and m
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Refined product sales including Tra
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Business overview History and strat
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Upstream TOTAL’s Upstream segment
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Exploration & Production Exploratio
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Production For the full year 2006,
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Presentation of production activiti
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Europe Business overview Exploratio
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Africa TOTAL has been present in Af
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this zone through its subsidiaries
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North America Since 2004, TOTAL has
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Trinidad & Tobago TOTAL holds a 30%
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TOTAL also has a 50% interest in th
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Europe TOTAL’s production in Euro
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K6-GT platform, in anticipation of
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The Group also holds a 20% interest
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Gas & Power The Gas & Power divisio
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Asia Pacific The Hazira re-gasifica
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In Morocco, Temasol, in which TOTAL
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Refining & Marketing As of December
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Refined products The table below se
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capacity oil recycling plant in Fra
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In 2006, the principal market bench
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Base Chemicals TOTAL’s Base Chemi
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Specialties TOTAL’s Specialties s
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Investments Main investments made o
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Property, Plant and Equipment TOTAL
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Board of Directors Executive Commit
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Management Report of the Board of D
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Market environment 2006 2005 2004 E
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Upstream results Liquids and gas pr
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Downstream results For the full yea
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Liquidity and capital resources Lon
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Research and development Research a
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Trends and outlook Outlook Since th
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Risk Factors Market risks p. 76 •
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The Group has implemented strict po
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The non-current debt in dollars des
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Grande Paroisse An explosion occurr
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Myanmar Under the Belgian “univer
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Risk management Risk evaluations le
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TOTAL, like other major internation
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Insurance and risk management Organ
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Corporate Governance Board of Direc
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Daniel Bouton 56 years old. Inspect
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Bertrand Jacquillat 62 years old. A
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Michel Pébereau 64 years old. Hono
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Management General Management On Ma
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Corporate Governance Compensation o
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Pensions and other commitments (Art
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Within this framework, the Board’
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Members of the Audit Committee may
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Messrs. Bouton, Collomb, Desmarais,
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establishes and maintains procedure
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Employees, Share Ownership, Stock O
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Corporate Governance Employees, Sha
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TOTAL stock options Corporate Gover
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Restricted share plans as of Decemb
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TOTAL and its shareholders Listing
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Four-for-one stock split The Genera
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Information Summary TOTAL and its s
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Dividends Dividend policy In accord
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Share buybacks The General Meeting
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Summary table of transactions compl
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cancels and replaces the unused por
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which was approved by the French Co
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Shareholder structure Distribution
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Non-resident individual taxpayers e
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The Committee also worked on the co
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2007 Calendar February 14 Results f
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Financial information Historical fi
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Additional information Financial in
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General information Share capital p
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Pursuant to this authorization, the
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Potential capital as of December 31
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General information Share capital J
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Directors’ Charter and Committees
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Other matters Employee incentives a
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Information on holdings General inf
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Statutory auditors’ report on the
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Consolidated statement of income TO
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Consolidated statement of cash flow
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On February 13, 2007, the Board of
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G. Earnings per share Earnings per
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equal to the market price. For unli
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The net periodic pension cost is re
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(iii) Portion of intangible assets
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A. Information by business segment
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Appendix 1 - Consolidated financial
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ADJUSTMENTS TO OPERATING INCOME 200
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In 2006, gains and losses on sales
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Property, plant and equipment prese
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Page 215 and 216: Impact on net income The amount of
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Page 225 and 226: The classification by strategy and
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Page 231 and 232: As a result of its policy for manag
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Page 237 and 238: 53.2% 95.7% Elf Aquitaine 99.5% 100
Page 239 and 240: Oil and gas reserves p. 238 • Cha
Page 241 and 242: Changes in liquids reserves Appendi
Page 243 and 244: Changes in liquids and gas reserves
Page 245 and 246: Costs incurred in oil and gas prope
Page 247 and 248: Appendix 2 - Supplemental oil and g
Page 249 and 250: Other information Accounting for ex
Page 251 and 252: Appendix 3 - TOTAL S.A. Special aud
Page 253: (Free translation of a French langu
Page 257 and 258: Statement of changes in Shareholder
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Page 263 and 264: 7) Contingency reserves As of Decem
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Page 267 and 268: 20) Commitments As of December 31 (
Page 269 and 270: TOTAL share purchase options plans
Page 271 and 272: Appendix 3 - TOTAL S.A. Parent comp
Page 273 and 274: List of marketable securities held
Page 275 and 276: Distribution of earnings 2006 Net d
Page 277 and 278: Social and environmental informatio
Page 279 and 280: AVERAGE COMPENSATION PER MONTH - TO
Page 281 and 282: Environment Pursuant to French law
Page 283 and 284: Consolidated financial information
Page 285 and 286: European Cross Reference List 10. C
Page 288: TOTAL S.A. Registered Office: 2, pl
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Registration document 2007 - Total.com

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