Registration document 2007 - Total.com

11
Statement of Cash Flows (TOTAL S.A.)
(in M€) 2006 2005 2004
Cash flows from operating activities
Net income 5,252 4,143 3,443
Depreciation, depletion and amortization 70 72 69
Accrued expenses of investments 5 19 (73)
Other provisions 181 74 93
Funds generated from operations 5,508 4,308 3,532
(Gains) Losses on disposal of assets (32) (1) (17)
Decrease (Increase) in working capital 151 (225) (253)
Other, net (36) (67) (71)
Cash flows from operating activities 5,591 4,015 3,191
Cash flows from investing activities
Purchase of tangible and intangible assets (96) (110) (49)
Purchase of investments and long-term loans (4,482) (2,610) (1,548)
Total expenditures (4,578) (2,720) (1,597)
Proceeds from sale of marketable securities and loans 4,141 3,516 2,202
Total divestitures 4,141 3,516 2,202
Cash flows from investing activities (437) 796 605
Cash flows from financing activities
Capital increase 492 17 370
Repurchase of own shares (3,975) (3,367) (3,553)
Balance of cash dividends paid (2,110) (1,842) (2,973)
Cash interim dividends paid (2,064) (1,820) (1,498)
Repayment of long-term debt (517) (1,585) (538)
Increase (Decrease) in short-term borrowings and bank overdrafts 3,392 3,607 4,569
Cash flows from financing activities (4,782) (4,990) (3,623)
Increase (Decrease) in cash and cash equivalents 372 (179) 173
Cash and cash equivalents at beginning of year 24 203 30
Cash and cash equivalents at year-end 396 24 203
254
Appendix 3 - TOTAL S.A.
Parent company’s statutory financial statements
TOTAL - Registration Document 2006