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Abstract of the 2005 supplemental oil and
gas information disclosed in the Registration Document |
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Results of operations for oil and gas producing activities |
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The following
table includes revenues and expenses associated directly with the Company's
oil and gas producing activities.
It does not include any interest cost. |
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Consolidated Subsidiaries |
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Total |
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Europe |
Africa |
North |
Asia |
Rest of |
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America |
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world |
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| (in millions of euros) |
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| Year ended
December 31, 1998 (French GAAP) |
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| Revenues |
Sales to unaffiliated parties |
1,722 |
65 |
191 |
439 |
190 |
2,607 |
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Transfers to affiliated parties |
1,628 |
2,097 |
116 |
73 |
370 |
4,284 |
| Total Revenues |
|
3,350 |
2,162 |
307 |
512 |
560 |
6,891 |
| Production costs |
|
(793) |
(608) |
(92) |
(87) |
(157) |
(1,737) |
| Exploration expenses |
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(132) |
(195) |
(64) |
(52) |
(170) |
(613) |
| Depreciation,
depletion and amortization |
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| and valuation allowances |
|
(1,219) |
(1,444) |
(127) |
(75) |
(273) |
(3,138) |
| Other
expenses |
|
(92) |
(185) |
(16) |
(2) |
(71) |
(366) |
| Pre-tax income
from producing activities |
1,114 |
(270) |
8 |
296 |
(111) |
1,037 |
| Income tax |
|
(456) |
(257) |
(19) |
(159) |
(18) |
(909) |
| Results of oil
and gas producing activities |
658 |
(527) |
(11) |
137 |
(129) |
128 |
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| Year ended
December 31, 1999 (French GAAP) |
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| Revenues |
Sales to unaffiliated parties |
1,138 |
156 |
109 |
716 |
427 |
2,546 |
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Transfers to affiliated parties |
2,396 |
3,058 |
154 |
125 |
706 |
6,439 |
| Total Revenues |
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3,534 |
3,214 |
263 |
841 |
1,133 |
8,985 |
| Production costs |
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(690) |
(597) |
(63) |
(162) |
(162) |
(1,674) |
| Exploration expenses |
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(103) |
(119) |
(85) |
(28) |
(142) |
(477) |
| Depreciation,
depletion and amortization |
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| and valuation allowances |
|
(1,014) |
(734) |
(249) |
(104) |
(359) |
(2,460) |
| Other
expenses |
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(82) |
(287) |
(12) |
(5) |
(120) |
(506) |
| Pre-tax income
from producing activities |
1,645 |
1,477 |
(146) |
542 |
350 |
3,868 |
| Income tax |
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(830) |
(898) |
44 |
(267) |
(113) |
(2,064) |
| Results of oil
and gas producing activities |
815 |
579 |
(102) |
275 |
237 |
1,804 |
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| Year ended
December 31, 2000 (French GAAP) |
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| Revenues |
Sales to unaffiliated parties |
2,084 |
462 |
215 |
1,313 |
866 |
4,940 |
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Transfers to affiliated parties |
4,121 |
5,407 |
262 |
209 |
1,105 |
11,104 |
| Total Revenues |
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6,205 |
5,869 |
477 |
1,522 |
1,971 |
16,044 |
| Production costs (1) |
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(786) |
(531) |
(98) |
(156) |
(255) |
(1,826) |
| Exploration expenses |
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(58) |
(120) |
(156) |
(34) |
(150) |
(518) |
| Depreciation,
depletion and amortization |
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| and valuation allowances (2) |
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(1,173) |
(898) |
(196) |
(160) |
(482) |
(2,909) |
| Other expenses (3) |
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(71) |
(689) |
(16) |
(8) |
(204) |
(988) |
| Pre-tax income
from producing activities |
4,117 |
3,631 |
11 |
1,164 |
880 |
9,803 |
| Income tax |
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(2,358) |
(2,255) |
(115) |
(561) |
(340) |
(5,629) |
| Results of oil
and gas producing activities |
1,759 |
1,376 |
(104) |
603 |
540 |
4,174 |
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| Year ended
December 31, 2001 (French GAAP) |
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| Revenues |
Sales to unaffiliated parties |
2,624 |
439 |
81 |
1,460 |
1,191 |
5,795 |
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Transfers to affiliated parties |
3,566 |
4,548 |
386 |
180 |
684 |
9,364 |
| Total Revenues |
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6,190 |
4,987 |
467 |
1,640 |
1,875 |
15,159 |
| Production costs |
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(782) |
(621) |
(119) |
(168) |
(268) |
(1,958) |
| Exploration expenses |
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(52) |
(144) |
(134) |
(16) |
(226) |
(572) |
| Depreciation,
depletion and amortization |
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| and valuation allowances |
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(1,225) |
(905) |
(206) |
(192) |
(455) |
(2,983) |
| Other expenses (3) |
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(79) |
(554) |
(17) |
(15) |
(316) |
(981) |
| Pre-tax income
from producing activities |
4,052 |
2,763 |
(9) |
1,249 |
610 |
8,665 |
| Income tax |
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(2,378) |
(1,751) |
76 |
(574) |
(277) |
(4,904) |
| Results of oil
and gas producing activities |
1,674 |
1,012 |
67 |
675 |
333 |
3,761 |
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Consolidated Subsidiaries |
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Europe |
Africa |
North |
Asia |
Rest of |
Total |
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America |
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world |
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| (in millions of euros) |
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| Year ended
December 31, 2002 (French GAAP) |
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| Revenues |
Sales to unaffiliated parties |
2,674 |
600 |
43 |
1,240 |
1,717 |
6,274 |
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Transfers to affiliated parties |
3,884 |
4,733 |
262 |
170 |
662 |
9,711 |
| Total Revenues |
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6,558 |
5,333 |
305 |
1,410 |
2,379 |
15,985 |
| Production costs |
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(904) |
(613) |
(56) |
(190) |
(302) |
(2,065) |
| Exploration expenses |
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(65) |
(149) |
(53) |
(7) |
(212) |
(486) |
| Depreciation,
depletion and amortization |
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| and valuation allowances (2) |
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(1,439) |
(939) |
(191) |
(180) |
(601) |
(3,350) |
| Other expenses (3) |
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(118) |
(574) |
(11) |
(15) |
(241) |
(959) |
| Pre-tax income
from producing activities |
4,032 |
3,058 |
(6) |
1,018 |
1,023 |
9,125 |
| Income tax |
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(2,483) |
(1,768) |
14 |
(487) |
(361) |
(5,085) |
| Results of oil
and gas producing activities |
1,549 |
1,290 |
8 |
531 |
662 |
4,040 |
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| Year ended
December 31, 2003 (French GAAP) |
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| Revenues |
Sales to unaffiliated parties |
1,994 |
731 |
48 |
1,286 |
1,722 |
5,781 |
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Transfers to affiliated parties |
4,635 |
4,679 |
494 |
195 |
623 |
10,626 |
| Total Revenues |
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6,629 |
5,410 |
542 |
1,481 |
2,345 |
16,407 |
| Production costs |
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(778) |
(562) |
(86) |
(171) |
(240) |
(1,837) |
| Exploration expenses |
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(40) |
(95) |
(55) |
(35) |
(134) |
(359) |
| Depreciation,
depletion and amortization |
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| and valuation allowances |
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(1,278) |
(792) |
(164) |
(190) |
(590) |
(3,014) |
| Other expenses (3) |
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(188) |
(640) |
(14) |
(16) |
(259) |
(1,117) |
| Pre-tax income
from producing activities |
4,345 |
3,321 |
224 |
1,069 |
1,122 |
10,080 |
| Income tax |
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(2,485) |
(1,961) |
(82) |
(498) |
(208) |
(5,234) |
| Results of oil
and gas producing activities |
1,860 |
1,360 |
141 |
571 |
914 |
4,846 |
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| Year ended
December 31, 2004 (IFRS) |
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| Revenues |
Sales to unaffiliated parties |
2,027 |
1,163 |
40 |
1,446 |
1,820 |
6,496 |
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Transfers to affiliated parties |
4,917 |
6,081 |
548 |
250 |
645 |
12,441 |
| Total Revenues |
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6,944 |
7,244 |
588 |
1,696 |
2,465 |
18,937 |
| Production costs |
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(787) |
(578) |
(49) |
(162) |
(247) |
(1,823) |
| Exploration expenses |
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(40) |
(146) |
(90) |
(31) |
(107) |
(414) |
| Depreciation,
depletion and amortization |
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| and valuation allowances |
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(1,197) |
(839) |
(245) |
(252) |
(507) |
(3,040) |
| Other expenses (3) |
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(176) |
(764) |
(5) |
(15) |
(288) |
(1,248) |
| Pre-tax income
from producing activities |
4,744 |
4,917 |
199 |
1,236 |
1,316 |
12,412 |
| Income tax |
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(2,697) |
(3,224) |
(87) |
(591) |
(247) |
(6,846) |
| Results of oil
and gas producing activities |
2,047 |
1,693 |
112 |
645 |
1,069 |
5,566 |
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| Year ended
December 31, 2005 (IFRS) |
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| Revenues |
Sales to unaffiliated parties |
2,384 |
1,911 |
22 |
1,767 |
2,594 |
8,678 |
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Transfers to affiliated parties |
6,629 |
8,080 |
474 |
340 |
924 |
16,447 |
| Total Revenues |
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9,013 |
9,991 |
496 |
2,107 |
3,518 |
25,125 |
| Production costs |
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(851) |
(605) |
(43) |
(173) |
(285) |
(1,957) |
| Exploration expenses |
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(85) |
(148) |
(46) |
(20) |
(132) |
(431) |
| Depreciation,
depletion and amortization |
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| and valuation allowances |
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(1,164) |
(851) |
(184) |
(273) |
(543) |
(3,015) |
| Other expenses (3) |
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(207) |
(1,052) |
(9) |
(20) |
(680) |
(1,968) |
| Pre-tax income
from producing activities |
6,706 |
7,335 |
214 |
1,621 |
1,878 |
17,754 |
| Income tax |
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(4,089) |
(5,056) |
(88) |
(773) |
(731) |
(10,737) |
| Results of oil
and gas producing activities |
2,617 |
2,279 |
126 |
848 |
1,147 |
7,017 |
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| Company’s
share of equity affiliates’ results of oil and gas producing activities |
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| Year ended December 31,
1998 |
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– |
– |
– |
– |
– |
104 |
| Year ended December 31,
1999 |
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– |
– |
– |
– |
– |
136 |
| Year ended December 31,
2000 |
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– |
– |
– |
– |
– |
279 |
| Year ended December 31,
2001 |
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– |
10 |
– |
– |
325 |
335 |
| Year ended December 31,
2002 |
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– |
7 |
– |
– |
175 |
182 |
| Year ended December 31,
2003 |
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– |
118 |
– |
– |
176 |
294 |
| Year ended December 31,
2004 |
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– |
80 |
– |
– |
200 |
280 |
| Year ended December 31,
2005 |
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– |
113 |
– |
– |
166 |
279 |
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(1) Including
57 M€ of merger-related costs in 2000.
(2) Including a 21 M€ write-down in 2002 following the
application of FAS 144 standard and 30 M€ of other write-downs in 2000.
(3) Including production taxes and, from 2003, FAS 143 accretion
expense (121 M€ in 2003, 137 M€ in 2004, 146 M€ in 2005). |
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