Registration document 2007 - Total.com

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5 Maurice Lippens 63 years old. Mr. Lippens holds a law degree from the Université Libre de Bruxelles and is a graduate of Harvard Business School (MBA). He has served as a Director of a venture capital company (Scienta SA), then as head of his own company in Brussels. He was appointed as Managing Director (1983), then as Chairman and Managing Director (1988) of the AG Group. Chairman of Fortis since 1990, he is the author of a corporate governance code for Belgian publicly traded companies, which was adopted in 2005. Director of TOTAL S.A. since 2003 and until 2008. Holds 3,200 shares. 96 Corporate Governance Board of Directors Lord Peter Levene of Portsoken 65 years old. Lord Levene served in various positions within the Ministry of Defense, the office of the Secretary of State for the Environment, and the Ministry of Trade in the United Kingdom from 1984 to 1995. He then served as senior adviser at Morgan Stanley from 1996 to 1998 before becoming the Chairman of Bankers Trust International from 1998 to 2002. He was Lord Mayor of London from 1998 to 1999. He is currently Chairman of Lloyd’s. Director of TOTAL S.A. since 2005 and until 2008. Holds 2,000 shares. Christophe de Margerie 55 years old. Christophe de Margerie joined the Group after graduating from the Ecole Supérieure de Commerce in Paris in 1974. He served in several positions in the Group’s Financial Department and Exploration-Production division. He became president of TOTAL Moyen-Orient in 1995 before joining the Group’s executive committee as the President of the Exploration & Production division in May 1999. He then became Senior Executive Vice- President of exploration and production of the new TotalFinaElf group in 2000. In January 2002 he became President of the Exploration & Production division of TOTAL. He has served as a member of the Executive Committee since 1999. He was appointed a member of the Board of Directors by the shareholders’ meeting held on May 12, 2006 and became Chief Executive Officer of TOTAL as from February 14, 2007. Director of TOTAL S.A. since May 12, 2006 and until 2009. Holds 72,000 shares and 31,537 shares of the TOTAL ACTIONNARIAT FRANCE employee investment fund. TOTAL – Registration Document 2006 Current directorships • Director of TOTAL S.A.* • Chairman of Lloyd’s. • Chairman of International Financial Services. • Chairman of General Dynamics UK Ltd. • Director of Haymarket Group Ltd. • Director of China Construction Bank.* Directorships that expired in the previous five years • Member of the Supervisory Board of Deutsche Börse until 2005.* • Director of J. Sainsbury Plc* until 2004. • Vice-Chairman of Deutsche Bank* in 2002. • Chairman of Bankers Trust International until 2002. Current directorships • Director of TOTAL S.A.* • Chairman of Fortis S.A./N.V.* • Chairman of Fortis N.V.* • Chairman of Compagnie Het Zoute. • Director of Belgacom.* • Director of Groupe Bruxelles Lambert.* • Director of Finasucre. • Director of Groupe Sucrier AS. • Director of Iscal Sugar. Directorships that expired in the previous five years • Director of Suez-Tractebel until 2006. • Chairman of Fortis Brussels until 2004. • Chairman of Fortis Utrecht until 2004. • Director of CDC United Network until 2003. • Chairman of Compagnie Immobilière d’Hardelot S.A. until 2003. • Vice-Chairman of Société Générale de Belgique until 2003. Current directorships • Director of TOTAL S.A.*. • Chairman of Total E&P Indonésie. • Director of Total E&P Russie. • Director of Total Exploration and Production Azerbaijan. • Director of Total E&P Kazakhstan. • Director of Total Profils Pétroliers. • Director of Total E&P Norge A.S. • Director of Total Upstream UK Ltd. • Permanent representative of TOTAL S.A. on the Board of Total Abu al Bu Khoosh. • Manager of CDM Patrimonial SARL. Directorships that expired in the previous five years • Director of Innovarex until 2006. • Director of Total E&P Myanmar until 2005. • Member of the Supervisory Board of the Taittinger Group until 2005.
Michel Pébereau 64 years old. Honorary Inspector General of Finance, Mr. Pébereau held various positions in the Ministry of Economy and Finance, before serving as Chief Executive Officer, then as Chairman and CEO of Crédit Commercial de France (CCF) from 1982 to 1993. He was Chairman and Chief Executive Officer of BNP then BNP Paribas from 1993 to 2003, and is currently Chairman of the Board of BNP Paribas. Director of TOTAL S.A. since 2000 and until 2009. Holds 2,356 shares. Thierry de Rudder 57 years old. A graduate of the Université de Genève in mathematics, the Université Libre de Bruxelles and Wharton (MBA), Mr. De Rudder served in various positions at Citibank from 1975 to 1986 before joining Groupe Bruxelles Lambert, where he was appointed Acting Managing Director. Director of TOTAL S.A. since 1999 and until 2007. Holds 3,956 shares. Corporate Governance Board of Directors • Director of Tops (Overseas) Ltd until 2004. • Director of Total E&P Thailand until 2002. • Director of Total E&P Algérie until 2002. • Director of Total Ventures Saudi Arabia until 2002. 5 Current directorships • Director of TOTAL S.A.* • Chairman of BNP Paribas.* • Director of Lafarge.* • Director of Saint Gobain.* • Director of Pargesa Holding S.A.* (Switzerland). • Member of the Supervisory Board of Axa.* • Member of the Supervisory Board of Banque marocaine pour le Commerce et l’Industrie.* • Non-voting member (Censeur) of the Supervisory Board of Galeries Lafayette. • Chairman of the European Banking Federation Directorships that expired in the previous five years • Director of BNP Paribas UK Holdings Ltd until 2005. • Chairman and Chief Executive Officer of BNP Paribas until 2003. • Member of the Supervisory Board of Dresdner Bank AG until 2003. • Permanent representative of BNP Paribas on the Renault Board until 2002. Current directorships • Director of TOTAL S.A.* • Acting Managing Director of Groupe Bruxelles Lambert.* • Director of Compagnie Nationale à Portefeuille.* • Director of Suez.* • Director of Suez-Tractebel. • Director of Imerys.* Directorships that expired in the previous five years • Director of SI Finance until 2005. • Director of Société Générale de Belgique until 2003. • Director of PetroFina until 2003. • Director of Rhodia until 2002. TOTAL – Registration Document 2006 97
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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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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 and 96: Daniel Bouton 56 years old. Inspect
Page 97: Bertrand Jacquillat 62 years old. A
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
Page 147 and 148: 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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