Registration document 2007 - Total.com

Statement of changes in Shareholders’ Equity (TOTAL S.A.)
Appendix 3 - TOTAL S.A.
Parent company’s statutory financial statements
Common shares issued
Issue Retained Revaluation
(in M€) Number Amount Premium earnings reserve Total
As of January 1, 2004 649,118,236 6,492 40,213 8,272 38 55,015
Cash dividends paid (a) (2,973) (2,973)
2004 Net income - - - 3,443 - 3,443
Cash interim dividend paid for 2004 (b) - - - (1,498) - (1,498)
Issuance of shares reserved for employees 3,434,830 34 336 - - 370
Capital Reduction (19,873,932) (199) (2,876) - - (3,075)
Exercise of Elf Aquitaine share subscription
options covered by the exchange guarantee 2,335,024 23 343 - - 366
Issuance of common shares 950
As of December 31, 2004 635,015,108 6,350 38,016 7,244 38 51,648
Balance of cash dividends paid (c) - - - (1,842) - (1,842)
2005 Net income - - - 4,143 - 4,143
Cash interim dividend paid for 2005 (d) - - - (1,820) - (1,820)
Capital Reduction (21,075,568) (211) (3,647) - - (3,858)
Exercise of Elf Aquitaine share subscription
options covered by the exchange guarantee 1,043,499 11 178 - - 189
Issuance of common shares 133,257 1 16 - - 17
Tax on the long-term appreciation reserve (5) (5)
As of December 31, 2005 615,116,296 6,151 34,563 7,720 38 48,472
Issuance of common shares 45,305 1 6 - - 7
Exercise of Elf Aquitaine share subscription
options covered by the exchange guarantee 31,464 1 6 - - 7
Issuance of shares reserved for employees 2,785,330 27 436 - - 463
Total 617,978,395 6,180 35,011 7,720 38 48,949
Four-for-one stock split 2,471,913,580 6,180 35,011 7,720 38 48,949
Balance of cash dividends paid (e) - - - (2,110) - (2,110)
2006 Net income - - - 5,252 - 5,252
Cash interim dividend paid for 2006 (f) - - - (2,064) - (2,064)
Arkema spin-off (g) - - (1,544) - - (1,544)
Capital Reduction (47,020,000) (118) (2,342) - - (2,460)
Issuance of common shares 668,099 1 21 - - 22
Exercise of Elf Aquitaine share subscription
options covered by the exchange guarantee 206,274 1 10 - - 11
As of December 31, 2006 2,425,767,953 6,064 31,156 8,798 38 46,056
(a) Global dividend paid in 2004: 2,973 M€ (4.70 euros per share).
(b) Global interim dividend paid in 2004: 1,498 M€ (2.40 euros per share).
(c) Balance of the dividend 2004 paid in 2005: 1,842 M€ (3.00 euros per share).
(d) Global interim dividend paid in 2005: 1,820 M€ (3.00 euros per share).
(e) Balance of the dividend 2005 paid in 2006: 2,110 M€ (3.48 euros per share).
(f) Global interim dividend paid in 2006: 2,064 M€ (0.87 euro per share).
(g) This decrease represents the Arkema spin-off (compensation of the release of the non-monetary investments of subsidiaries and affiliates, see note 3).
11
TOTAL - Registration Document 2006 255