PBR » Topics » (5) Average of the exports and the internal transfer prices from E&P to Supply (6) Internal transfer prices from E&P to Gas & Energy. The increase in the 1Q07 due to new methodology that takes in consideration the international natural gas prices as one o

This excerpt taken from the PBR 6-K filed Jun 8, 2007.

(5) Average of the exports and the internal transfer prices from E&P to Supply

(6) Internal transfer prices from E&P to Gas & Energy. The increase in the 1Q07 due to new methodology that takes in consideration the international natural gas prices as one of the variables.

Costs - US$/barrel 
           
   
    Lifting cost:             
    • Brazil             
7,24       • • without government participation    7,20    6,32    14 
17,59       • • with government participation(8)   16,24    17,34    (6)
4,36    • International    3,89    2,96    31 
    Refining cost             
2,71    • Brazil (7)   2,54    1,90    34 
2,08    • International    2,42    1,57    54 
630    Corporate Overhead (US$ million) Holding Company (7)   549    427    29 

(7) The company, in order to promote a better indexes adherence to its operating and management models, has reviewed their concepts, recalculating the values of previous periods, as already mentioned on 4Q06 Report.
(8) Lifting cost with government take had its historical series adjusted, retroactive to 2002, due to ANP's (National Petroleum Agency) new interpretation of the deductibility of the expenses with Project Finance in the Marlim field over the accounting of special participation.

Costs - R$/barrel             
   
    Lifting cost             
    • Brazil             
15,46    • • without government participation    15,20    13,84    10 
37,75       • • with government participation(8)   34,12    37,02    (8)
    Refining cost             
5,84    • Brazil (7)   5,36    4,19    28 

This excerpt taken from the PBR 6-K filed May 23, 2007.

(5) Average of the exports and the internal transfer prices from E&P to Supply

(6) Internal transfer prices from E&P to Gas & Energy. The increase in the 1Q07 due to new methodology that takes in consideration the international natural gas prices as one of the variables.

Cost - US$/barrel 
           
   
    Lifting cost:             
    • Brazil             
7,24       • • without government participation    7,20    6,32    14 
17,59       • • with government participation(8)   16,24    17,34    (6)
4,36    • International    3,89    2,96    31 
    Refining cost             
2,71    • Brazil (7)   2,54    1,90    34 
2,08    • International    2,42    1,57    54 
630    Corporate Overhead (US$ million) Holding Company (7)   549    427    29 

(7) The company, in order to promote a better indexes adherence to its operating and management models, has reviewed their concepts, recalculating the values of previous periods, as already mentioned on 4Q06 Report.
(8) Lifting cost with government take had its historical series adjusted, retroactive to 2002, due to ANP's (National Petroleum Agency) new interpretation of the deductibility of the expenses with Project Finance in the Marlim field over the accounting of special participation.

Cost - R$/barrel             
   
    Lifting cost             
    • Brazil             
15,46    • • without government participation    15,20    13,84    10 
37,75       • • with government participation(8)   34,12    37,02    (8)
    Refining cost             
5,84    • Brazil (7)   5,36    4,19    28 

10


EXCERPTS ON THIS PAGE:

6-K
Jun 8, 2007
6-K
May 23, 2007
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki