Registration document 2007 - Total.com

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5 Paul Desmarais Jr. 52 years old. Jacques Friedmann 74 years old. 94 Corporate Governance Board of Directors A graduate of McGill University in Montreal and INSEAD in Fontainebleau, Mr. Desmarais was elected Vice Chairman (1984) then Chairman of the Board (1990) of Corporation Financière Power, a company he helped to found. Since 1996, he has served as Chairman of the Board and Co-Chief Executive Officer of Power Corporation of Canada. Director of TOTAL S.A. since 2002 and until 2008. Holds 2,000 ADRs (corresponding to 2,000 shares). Director of TOTAL S.A. since 2000 and until May 12, 2006. TOTAL – Registration Document 2006 Current directorships • Director of TOTAL S.A.*. • Chairman of the Board and Co-Chief Executive Officer of Power Corporation of Canada.* • Chairman of the Executive Committee and Member of the Board of Corporation Financière Power (Canada).* • Vice-Chairman and Deputy Managing Director of Pargesa Holding S.A.* (Switzerland). • Vice-Chairman of the Board of Directors and member of the Strategic Committee of Imerys* (France). • Member of the Board of Directors and Executive Committee of Great-West Compagnie d’assurance-vie* (Canada). • Member of the Board of Directors and Executive Committee of Great-West Life & Annuity Insurance Company (United Sates). • Member of the Board of Directors and Executive Committee of Great-West Lifeco Inc.* (Canada). • Member of the Board of Directors and Executive Committee of Groupe Bruxelles Lambert S.A.* (Belgium). • Member of the Board of Directors and Executive Committee of Groupe Investors Inc. (Canada). • Member of the Board of Directors and Executive Committee of London Insurance Group Inc. (Canada). • Member of the Board of Directors and Executive Committee of London Life, Compagnie d’assurance-vie (Canada). • Member of the Board and Executive Committee of Mackenzie Inc. • Member of the Board of La Presse (Canada). • Member of the Board of Les Journaux Trans-Canada (1996) Inc. (Canada). • Member of the Board of Gesca (Canada). • Director of Suez* (France). • Director of The Canada Life Assurance Company (Canada). • Director of Canada Life Financial Corporation (Canada). • Director of IGM Financial Inc.* (Canada). • Director of 152245 Canada Inc, 171263 Canada Inc and 2795957 Canada Inc (Canada). • Director of GWL Properties. • Director of GWL&A Financial (Canada) Inc. • Director of GWL&A Financial (Nova Scotia) Co. • Director of First Great-West Life & Annuity Insurance Co. • Director of The Great-West Life Assurance Company. • Director of Power Communications Inc. • Director of Power Corporation International. • Member of the Supervisory Boards of Power Financial Europe B.V. and of Parjointco N.V. Directorships that expired in the previous five years • Director of Tractebel until 2002. Current directorships • Director of LVMH*. Directorships that expired in the previous five years • Director of TOTAL S.A. until 2006.
Bertrand Jacquillat 62 years old. A graduate of École des Hautes Études Commerciales (HEC), Institut d’études politiques de Paris and Harvard Business School, Mr. Jacquillat holds both a PhD and an agrégé in management. He has been a university professor (France and the United States) since 1969, and has been on the faculty of the Institut d’Études politiques de Paris since 1999. Director of TOTAL S.A. since 1996 and until 2008. Holds 3,600 shares. Antoine Jeancourt-Galignani 69 years old. Inspector of Finance, Mr. Jeancourt-Galignani held various positions within the Ministry of Finance before serving as Deputy Managing Director of Crédit Agricole from 1973 to 1979. He became chief executive officer of Indosuez bank in 1979 before serving as its Chairman from 1988 to 1994. He then served as Chairman of Assurances Générale de France (AGF) from 1994 to 2001, before serving as Chairman of Gecina from 2001 to 2005, where he currently serves as a director. Director of TOTAL S.A. since 1994 and until 2009. Holds 4,440 shares. Anne Lauvergeon 47 years old. Chief Mining Engineer and a graduate of the École Normale Supérieure with a doctorate in physical sciences, Mrs. Lauvergeon held various positions with Usinor, the French Atomic Energy Commission (CEA) and then with the Paris region subsoil assets administration (1985-1988). Deputy Chief of Staff in the Office of the President of the Republic from 1990 to 1995, she then joined Lazard Frères et Cie from 1995 to 1997 as Managing Partner. She joined Alcatel before becoming Chairman of Cogema in June 1999. Since July 2001, she has been Chairman of the Management Board of AREVA. Director of TOTAL S.A. since 2000 and until 2009. Holds 2,000 shares. Corporate Governance Board of Directors Current directorships • Director of TOTAL S.A.* • Chairman of the Management Board of AREVA.* • Chairman and CEO of AREVA NC. • Director of Suez.* • Director of VODAFONE Group Plc.* • Vice-President and Member of the Supervisory Board of SAFRAN.* 5 Current directorships • Director of TOTAL S.A.* • Chairman and Chief Executive Officer of Associés en Finance. • Member of the Supervisory Board of Klepierre.* • Member of the Supervisory Board of Presses Universitaires de France (PUF). Directorships that expired in the previous five years None. Current directorships • Director of TOTAL S.A. • Chairman of the Board of the SNA Group (Lebanon). • Chairman of the Supervisory Board of Euro Disney SCA.* • Director of Gecina.* • Director of Assurances Générale de France.* • Director of Kaufman & Broad S.A.* • Director of Société Générale.* • Director of Société des Immeubles de France.* • Member of the Supervisory Board of Oddo et Cie. • Member of the Supervisory Board of Hypo Real Estate Holding (Germany).* Directorships that expired in the previous five years • Member of the Supervisory Board of Jetix Europe N.V.* until 2005. • Chairman of the Board of Directors of Gecina* until 2005. • Chairman of the Board of Directors of Société des Immeubles de France* until 2004. • Chairman of the Board of Directors of Simco until 2003. Directorships that expired in the previous five years • Director of FCI until October 2005. • Director of Pechiney until 2002. • Permanent representative of Cogema on the Board of Eramet* until 2002. • Permanent representative of Cogema on the Board of Usinor until 2002. TOTAL – Registration Document 2006 95
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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
Page 45 and 46: Refining & Marketing As of December
Page 47 and 48: Refined products The table below se
Page 49 and 50: capacity oil recycling plant in Fra
Page 51 and 52: In 2006, the principal market bench
Page 53 and 54: Base Chemicals TOTAL’s Base Chemi
Page 55 and 56: Specialties TOTAL’s Specialties s
Page 57 and 58: Investments Main investments made o
Page 59 and 60: Property, Plant and Equipment TOTAL
Page 61 and 62: Board of Directors Executive Commit
Page 63 and 64: Management Report of the Board of D
Page 65 and 66: Market environment 2006 2005 2004 E
Page 67 and 68: Upstream results Liquids and gas pr
Page 69 and 70: Downstream results For the full yea
Page 71 and 72: Liquidity and capital resources Lon
Page 73 and 74: Research and development Research a
Page 75 and 76: Trends and outlook Outlook Since th
Page 77 and 78: Risk Factors Market risks p. 76 •
Page 79 and 80: The Group has implemented strict po
Page 81 and 82: The non-current debt in dollars des
Page 83 and 84: Grande Paroisse An explosion occurr
Page 85 and 86: Myanmar Under the Belgian “univer
Page 87 and 88: Risk management Risk evaluations le
Page 89 and 90: TOTAL, like other major internation
Page 91 and 92: Insurance and risk management Organ
Page 93 and 94: Corporate Governance Board of Direc
Page 95: Daniel Bouton 56 years old. Inspect
Page 99 and 100: Michel Pébereau 64 years old. Hono
Page 101 and 102: Management General Management On Ma
Page 103 and 104: Corporate Governance Compensation o
Page 105 and 106: Pensions and other commitments (Art
Page 107 and 108: Within this framework, the Board’
Page 109 and 110: Members of the Audit Committee may
Page 111 and 112: Messrs. Bouton, Collomb, Desmarais,
Page 113 and 114: establishes and maintains procedure
Page 115 and 116: Employees, Share Ownership, Stock O
Page 117 and 118: Corporate Governance Employees, Sha
Page 119 and 120: TOTAL stock options Corporate Gover
Page 125 and 126: Restricted share plans as of Decemb
Page 127 and 128: TOTAL and its shareholders Listing
Page 129 and 130: Four-for-one stock split The Genera
Page 131 and 132: Information Summary TOTAL and its s
Page 133 and 134: Dividends Dividend policy In accord
Page 135 and 136: Share buybacks The General Meeting
Page 137 and 138: Summary table of transactions compl
Page 139 and 140: cancels and replaces the unused por
Page 141 and 142: which was approved by the French Co
Page 143 and 144: Shareholder structure Distribution
Page 145 and 146: 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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14) Other non-current assets As of
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The variation of the weighted-avera
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18) Employee benefits obligations P
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The components of the net periodic
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20) Financial debt and related fina
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Impact on net income The amount of
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23) Commitments and contingencies A
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Other guarantees given Non-consolid
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25) Payroll and staff For the year
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The classification by strategy and
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B) Financial instruments related to
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29) Market risks Oil and gas market
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As a result of its policy for manag
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3) The Group has recorded provision
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53.2% 95.7% Elf Aquitaine 99.5% 100
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Oil and gas reserves p. 238 • Cha
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Changes in liquids reserves Appendi
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Changes in liquids and gas reserves
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Costs incurred in oil and gas prope
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Appendix 2 - Supplemental oil and g
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Other information Accounting for ex
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Appendix 3 - TOTAL S.A. Special aud
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(Free translation of a French langu
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Balance Sheet (TOTAL S.A.) Appendix
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Statement of changes in Shareholder
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2) Property, plant and equipment As
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6) Shareholders’ equity A) Common
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7) Contingency reserves As of Decem
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11) Translation adjustment The appl
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20) Commitments As of December 31 (
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TOTAL share purchase options plans
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Appendix 3 - TOTAL S.A. Parent comp
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List of marketable securities held
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Distribution of earnings 2006 Net d
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Social and environmental informatio
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AVERAGE COMPENSATION PER MONTH - TO
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Environment Pursuant to French law
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Consolidated financial information
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European Cross Reference List 10. C
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TOTAL S.A. Registered Office: 2, pl
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Registration document 2007 - Total.com

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