| Statement of income |
|
|
| |
2001
|
2000 |
1999 |
1998 |
| (in millions, except per
share) |
$ |
€ |
€ |
€ |
€ |
|
| Sales |
94,323
|
105,318
|
114,557
|
75,035
|
61,810
|
| Operating expenses |
(78,598)
|
(87,760)
|
(95,485)
|
(65,117)
|
(53,777)
|
| Depreciation, depletion and amortization |
(4,282)
|
(4,781)
|
(4,859)
|
(4,399)
|
(5,000)
|
|
| Operating income |
|
|
|
|
|
| Corporate |
(226)
|
(252)
|
(289)
|
(240)
|
(277)
|
| Business segments |
11,669
|
13,029
|
14,502
|
5,759
|
3,310
|
|
| Total Operating income |
11,443
|
12,777
|
14,213
|
5,519
|
3,033
|
| Interest expense, net |
(165)
|
(184)
|
(440)
|
(559)
|
(429)
|
| Dividend income |
|
|
|
|
|
| from non-consolidated subsidiaries |
142
|
159
|
152
|
183
|
159
|
| Dividends on subsidiaries’ |
|
|
|
|
|
| redeemable preferred shares |
(17)
|
(19)
|
(28)
|
(54)
|
(76)
|
| Other income (expense) |
254
|
283
|
(740)
|
120
|
158
|
| Special items |
-
|
-
|
-
|
691
|
-
|
| Provisions for income taxes |
(5,261)
|
(5,874)
|
(6,322)
|
(2,185)
|
(1,138)
|
| Equity in income (loss) of affiliates |
897
|
1,001
|
676
|
377
|
380
|
|
| Income before amortization
|
|
|
|
|
|
| of acquisition goodwill |
7,293
|
8,143
|
7,511
|
4,092
|
2,087
|
|
| Amortization of acquisition goodwill |
(286)
|
(319)
|
(303)
|
(406)
|
(159)
|
|
| Consolidated Net Income |
7,007
|
7,824
|
7,208
|
3,686
|
1,928
|
|
| of which minority interest |
149
|
166
|
304
|
190
|
118
|
|
| Net Income |
6,858
|
7,658
|
6,904
|
3,496
|
1,810
|
|
| Earnings per share (euro) |
9.89
|
11.05
|
9.76
|
4.98
|
2.58
|
|
|
Including non-recurring items. See non-recurring items.
| Operating
Income by business segment (excluding
non-recurring items) |
|
| Year |
|
2001
|
2000 |
1999 |
1998 |
| (in millions) |
|
$ |
€ |
€ |
€ |
€ |
|
| Upstream |
|
8,080
|
9,022
|
10,113
|
4,119
|
2,087
|
|
| Downstream |
|
2,690
|
3,004
|
3,144
|
1,046
|
1,258
|
|
| Chemicals |
|
981
|
1,095
|
1,627
|
1,189
|
1,351
|
|
| Operating Income |
|
|
|
|
|
|
| from business segments |
|
11,751
|
13,121
|
14,884
|
6,354
|
4,696
|
|
| |
|
|
|
|
|
|
| Half Year |
2H01
|
1H01
|
2H00
|
1H00
|
2H99
|
1H99
|
| (in millions of euros) |
|
|
|
|
|
|
|
| Upstream |
3,864
|
5,158
|
5,448
|
4,665
|
2,825
|
1,294
|
|
| Downstream |
1,244
|
1,760
|
1,937
|
1,207
|
535
|
511
|
|
| Chemicals |
486
|
609
|
687
|
940
|
647
|
542
|
|
| Operating Income |
|
|
|
|
|
|
| from business segments |
5,594
|
7,527
|
8,072
|
6,812
|
4,007
|
2,347
|
|
|
|
|
