|
|
 |
|
2000 |
1999 |
1998 |
|
| (in millions, except per share and percent amounts) |
$ |
€ |
€ |
€ |
|
|
| Sales |
105,828 |
114,557 |
75,035 |
61,810 |
|
|
| Operating income from business segments excluding non-recurring items (1) |
13,749 |
14,884 |
6,354 |
4,696 |
|
|
| Cash flow from operating activities |
12,369 |
13,389(2) |
7,012 |
7,716 |
|
|
| Net income (Group share) excluding
non-recurring items(3) |
7,055 |
7,637 |
3,349 |
2,703 |
|
|
| Earnings per share excluding
non-recurring items(4) |
9.98 |
10.80 |
4.77 |
3.86 |
|
|
| Earnings per ADS excluding
non-recurring items ($)(4) |
4.99 |
|
2.53 |
2.14 |
|
|
| Net dividend per share (€)(5) |
|
3.30 |
2.35 |
2.00 |
|
|
| Net dividend per ADS ($)(5)(6) |
1.55 |
|
1.12 |
1.02 |
|
|
| Capital expenditures |
7,703 |
8,339 |
8,495 |
8,802 |
|
|
| Shareholders' equity |
30,149 |
32,401 |
27,669 |
25,279 |
|
|
| Net debt |
9,604 |
10,321 |
14,055 |
10,150 |
|
|
| Return on equity |
|
27% |
13% |
11% |
|
|
| Net debt-to-equity ratio |
|
33% |
50% |
39% |
|
|
(1) See details of non-recurring items on operating income on page 7.
(2) Includes the negative impact related to coverage of certain pension benefit plans for 494 M€.
(3) See details of non-recurring items on net income on page 7.
(4) Based on fully-diluted weighted-average number of shares (see page 5).
(5) Paid by TotalFinaElf for 2000 and 1999 and by Totalfina for 1998.
(6) Translated solely for convenience into dollars at the Noon Buying Rates on the respective payment dates, except for the 2000 dividend, which has been translated at the Noon Buying Rate on December 31, 2000 (US $ 0.9388 per euro). In the US, the dividend, paid to the holders of ADSs, may differ from these figures,
depending on the Noon Buying Rate used by the Depository to convert euros to dollars for purposes of making payments to holders of ADSs and depending
on the tax status of the US shareholders, with respect to the withholding tax and the avoir fiscal tax credit.
|
|
|
|
|
|
|
|
2000 |
1999 |
1998 |
|
| UPSTREAM |
|
|
|
|
| Proved Reserves |
|
|
|
|
| Liquids (Mb) |
6,960 |
6,868 |
6,267 |
|
| Gas (Bcf) |
20,705 |
20,253 |
19,082 |
|
|
| Total (Mboe) |
10,762 |
10,455 |
9,615 |
|
|
| Net Production |
|
|
|
|
| Liquids (mb/d) |
1,433 |
1,468 |
1,502 |
|
| Gas (Mcf/d) |
3,758 |
3,322 |
3,225 |
|
|
| Total (mboe/d) |
2,124 |
2,065 |
2,070 |
|
|
DOWNSTREAM |
|
|
|
|
| Refining capacity (mb/d) |
2,562 |
2,611 |
2,613 |
|
|
| Refinery runs (mb/d) |
2,411 |
2,411 |
2,471 |
|
|
Refined product sales (mb/d)
excluding Trading sales |
3,109 |
3,188 |
3,186 |
|
|
Refined product sales (mb/d)
including Trading sales |
3,695 |
3,830 |
3,738 |
|
|
CHEMICALS |
|
|
|
|
| Chemicals sales (B €) (1) |
20.8 |
17.3 |
16.1 |
|
|
| Petrochemicals & Plastics |
8.0 |
5.5 |
5.2 |
|
| Intermediates & Performance polymers |
5.3 |
4.6 |
4.3 |
|
| Specialties |
7.5 |
7.2 |
6.5 |
|
|
| Number of Employees |
123,303 |
127,252 |
129,955 |
|
|
| (1) Does not include intersegment sales. |
|
|
2000 |
1999 |
1998 |
|
|
|
Year |
2nd half |
1st half |
Year |
2nd half |
1st half |
Year |
2nd half |
1st half |
|
|
| Euro/Dollar(€/$) |
0.92 |
0.89 |
0.96 |
1.07 |
1.04 |
1.09 |
1.11 |
1.14 |
1.08 |
|
|
| Brent price ($/barrel) |
28.5 |
30.0 |
26.9 |
18.0 |
22.3 |
13.4 |
12.7 |
11.8 |
13.7 |
|
|
| Refining margins ($/ton)* |
23.8 |
29.0 |
18.5 |
9.7 |
10.0 |
9.4 |
16.9 |
16.7 |
17.1 |
|
|
| Refining margins ($/barrel)* |
3.2 |
3.9 |
2.5 |
1.3 |
1.4 |
1.3 |
2.3 |
2.3 |
2.3 |
|
|
| *TRCV Europe (Topping, Reforming, Cracking, Visbreaking)
|
|
|
|
