(a) Adjusted income (adjusted operating income, adjusted net operating income and adjusted net income) is defined as income using replacement cost, adjusted for special items and through June 30, 2010, excluding TOTAL’s equity share of adjustments related to Sanofi-Aventis.
(b) Since 1966, Total is taxed under the consolidated profit system, granted under three-year agreements by the Ministry of the Economy, Finance and Industry. Total’s average taxation rate in 2010 was 55.9%.
(c) Based on the fully-diluted weighted-average number of common shares outstanding during the period.
(d) 2010 dividend is subject to the approval by the Shareholders’ Meeting on May 13, 2011.
 

* Source: Registration Document 2011

(a) ERMI (European Refining Margin Indicator) has replaced TRCV as the European refining margin indicator, as announced by TOTAL on January 15, 2010 in the publication ofits 4th quarter indicators. In view of market changes over the past years (particularly in terms of refinery complexity, crude feedstock and product runs) the ERMI should bemore representative of the margin on average variable costs for a theoretical European refinery.
(b) Including TOTAL’s share in CEPSA.
(c) Including Trading activities and share of CEPSA.
* Source: Registration Document 2011

*TRCV: An aggregate margin for topping, reforming, cracking, visbreaking in Western Europe developed and used internally by Total's management as an indicator or refining margins.