| Capitalized
cost related to oil and gas producing activities |
| Capitalized costs represent
the amounts of capitalized proved and unproved property costs,
including support equipment and facilities, along with the related
accumulated depreciation, depletion and amortization. |
|
| (in millions of euros) |
CONSOLIDATED SUBSIDIARIES
|
|
| |
Europe
|
Africa
|
North
|
Far
|
Rest
|
Total
|
| |
|
|
America
|
East
|
of world
|
Consolidated
|
|
| As of December 31, 1998 |
|
|
|
|
|
|
|
| Proved properties |
20,526
|
11,324
|
1,652
|
1,511
|
2,646
|
37,659
|
| Unproved properties |
804
|
587
|
339
|
54
|
277
|
2,061
|
| Total capitalized costs |
21,330
|
11,911
|
1,991
|
1,565
|
2,923
|
39,720
|
| Accumulated depreciation, depletion
|
|
|
|
|
|
|
| and amortization |
(13,872)
|
(7,297)
|
(1,230)
|
(400)
|
(994)
|
(23,793)
|
|
| Net capitalized costs |
7,458
|
4,614
|
761
|
1,165
|
1,929
|
15,927
|
|
As of December 31, 1999 |
|
|
|
|
|
|
|
| Proved properties |
24,613
|
14,226
|
1,809
|
2,221
|
3,969
|
46,838
|
| Unproved properties |
97
|
786
|
413
|
60
|
186
|
1,542
|
| Total capitalized costs |
24,710
|
15,012
|
2,222
|
2,281
|
4,155
|
48,380
|
| Accumulated depreciation, depletion
|
| and amortization |
(16,143)
|
(9,141)
|
(1,429)
|
(610)
|
(1,155)
|
(28,478)
|
|
| Net capitalized costs |
8,567
|
5,871
|
793
|
1,671
|
3,000
|
19,902
|
|
As of December 31, 2000 |
|
|
|
|
|
|
|
| Proved properties |
23,072
|
16,276
|
1,693
|
2,595
|
5,848
|
49,484
|
| Unproved properties |
127
|
996
|
303
|
38
|
279
|
1,743
|
| Total capitalized costs |
23,199
|
17,272
|
1,996
|
2,633
|
6,127
|
51,227
|
| Accumulated depreciation, depletion
|
|
|
|
|
|
|
| and amortization |
(14,916)
|
(10,701)
|
(1,315)
|
(818)
|
(1,747)
|
(29,497)
|
|
| Net capitalized costs |
8,283
|
6,571
|
681
|
1,815
|
4,380
|
21,730
|
|
As of December 31, 2001 |
|
|
|
|
|
|
|
| Proved properties |
23,637
|
18,149
|
1,964
|
2,512
|
6,919
|
53,181
|
| Unproved properties |
149
|
1,065
|
247
|
50
|
458
|
1,969
|
| Total capitalized costs |
23,786
|
19,214
|
2,211
|
2,562
|
7,377
|
55,150
|
| Accumulated depreciation, depletion
|
|
|
|
|
|
|
| and amortization |
(16,088)
|
(12,442)
|
(1,348)
|
(771)
|
(3,071)
|
(33,720)
|
|
| Net capitalized costs |
7,698
|
6,772
|
863
|
1,791
|
4,306
|
21,430
|
|
| |
|
| Company’s share of
equity affiliates’ net capitalized costs |
|
| Year ended December 31, 1998 |
|
|
|
|
|
547
|
| Year ended December 31, 1999 |
|
|
|
|
|
629
|
| Year ended December 31, 2000 |
|
|
|
|
|
752
|
|
| Year ended December 31,
2001 |
|
|
|
|
|
853
|
|
| Figures calculated
according to Article 215: they may differ substantially from
FAS 69. |
Up to year 2000, the development costs related to the upgrader
of the Sincor heavy oil project in Venezuela used to be
included in the capitalized and incurred costs displayed
in the FAS 69 amounts. In 2001, TotalFinaElf has taken the
position that these costs do not in fact fall into the FAS
69 perimeter and the corresponding amounts have been excluded.
The amounts displayed for 1999 and 2000 have not been modified.
The capitalized costs related to the upgrader of the Sincor
project in the “Rest of the World” zone for 2000
and 1999 amount respectively
to 878 M€ and 462 M€.
These amounts also include the capitalized costs related
to 1997 and 1998. Excluding these amounts, the net capitalized
costs would have totalled 3,502 M€ and 2,538 M€ instead
of 4,380 M€ and 3,000 M€ for the “Rest of the World”
zone, and 20,852 M€ and 19,440 M€ instead of 21,730 M€ and
19,902 M€ for the consolidated total.
|
|
|
