PBR » Topics » Consolidated Income Statement

This excerpt taken from the PBR 6-K filed Mar 24, 2009.

Consolidated Income Statement

    R$ Million 
   
     2008 
   
    Law 6.404/76   Transaction    Subvention    Financial Institution    Leasing    Law 11.638/07 
   
GROSS SALES    284,579    (18,085)               266,494 
SALES DEDUCTIONS    (52,396)   1,020                (51,376)
   
NET SALES    232,183    (17,065)               215,118 
COST OF GOODS SOLD    (157,499)   15,350            526    (141,623)
   
GROSS PROFIT    74,684    (1,715)           526    73,495 
OPERATING EXPENSES                         
.GENERAL AND ADMINISTRATIVES SALES    (15,133)   652            72    (14,409)
.EXPLORATORY COSTS    (3,654)   160                (3,494)
.IMPAIRMENT    (925)   (8)               (933)
OTHER    (9,369)   220    557    (198)   81    (8,708)
   
    (29,081)   1,024    557    (198)   153    (27,544)
NET FINANCIAL EXPENSES    4,022    508      200    (1,601)   3,128 
EQUITY BALANCE RESULT    (399)   (475)             (874)
   
OPERATING PROFIT    49,226    (658)   557      (922)   48,205 
   
IR and CSLL    (16,299)   199        (110)   248    (15,962)
   
NET INCOME INCLUDING EMPLOYEES PROFIT SHARING                         
AND MINORITY INTEREST    32,927    (459)   557    (108)   (674)   32,243 
EMPLOYEES PROFIT SHARING    (1,345)                   (1,345)
MINORITY INTEREST    2,333    (177)                        (66)   2,090 
NET INCOME    33,915    (636)   557    (108)   (740)   32,988 
   

39


PETROBRAS SYSTEM    Appendices   
1 
 

This excerpt taken from the PBR 6-K filed Mar 9, 2009.

Consolidated Income Statement

    R$ Million 
   
     2008 
   
    Law 6.404/76   Transaction    Subvention    Financial Institution    Leasing    Law 11.638/07 
   
GROSS SALES    284,579    (18,085)               266,494 
SALES DEDUCTIONS    (52,396)   1,020                (51,376)
   
NET SALES    232,183    (17,065)               215,118 
COST OF GOODS SOLD    (157,499)   15,350            526    (141,623)
   
GROSS PROFIT    74,685    (1,715)           526    73,495 
OPERATING EXPENSES                         
.GENERAL AND ADMINISTRATIVES SALES    (15,133)   652            72    (14,409)
.EXPLORATORY COSTS    (3,654)   160                (3,494)
.IMPAIRMENT    (925)   (8)               (933)
OTHER    (9,369)   220    557    (198)   81    (8,708)
   
    (29,081)   1,024    557    (198)   153    (27,544)
NET FINANCIAL EXPENSES    4,021    508      200    (1,601)   3,128 
EQUITY BALANCE RESULT    (399)   (475)             (874)
   
OPERATING PROFIT    49,226    (659)   557      (922)   48,205 
   
IR and CSLL    (16,299)   199        (110)   248    (15,962)
   
NET INCOME INCLUDING EMPLOYEES PROFIT SHARING                         
AND MINORITY INTEREST    32,927    (459)   557    (109)   (674)   32,243 
EMPLOYEES PROFIT SHARING    (1,345)                   (1,345)
MINORITY INTEREST    2,333    (177)                        (66)   2,090 
NET INCOME    33,915    (636)   557    (109)   (740)   32,988 
   

39


PETROBRAS SYSTEM    Appendices   
1 
 

This excerpt taken from the PBR 6-K filed Aug 16, 2005.

Consolidated Income Statement

R$ Million
    Second Quarter        First Half 
1Q-2005 (1)   2005 (1)   2004 (2)       2005 (1)   2004 (2)
 
39.798    42.646    37.773    Gross Operating Revenues    82.444    70.301 
(9.901)   (10.287)   (9.767)   Sales Deductions    (20.188)   (19.084)
           
29.897    32.359    28.006    Net Operating Revenues    62.256    51.217 
(16.510)   (17.939)   (16.951)      Cost of Goods Sold    (34.449)   (29.720)
           
13.387    14.420    11.055    Gross Profit    27.807    21.497 
            Operating Expenses         
(1.270)   (1.251)   (1.085)      Sales    (2.521)   (1.955)
(1.240)   (1.261)   (1.021)      General & Administrative    (2.501)   (1.930)
(243)   (341)   (253)      Cost of Prospecting, Drilling & Lifting    (584)   (625)
(194)   (222)   (180)      Research & Development    (416)   (318)
(219)   (199)   (517)      Taxes    (418)   (808)
(1.410)   (1.570)   (1.146)      Other    (2.980)   (1.814)
               Net Financial Expenses         
275    (81)   998                                     Income    194    1.460 
(1.352)   (1.063)   (1.620)                                    Expenses    (2.415)   (2.958)
113    (499)   761                                     Monetary & FX Correction - Assets    (386)   677 
(109)   1.013    (1.689)                                    Monetary & FX Correction - Liabilities    904    (1.819)
           
(1.073)   (630)   (1.550)       (1.703)   (2.640)
           
(5.649)   (5.474)   (5.752)       (11.123)   (10.090)
201    (484)   320    Gains from Investments in Subsidiaries    (283)   457 
           
7.939    8.462    5.623    Operating Profit    16.401    11.864 
(127)   (79)   (90)   Non-operating Income (Expenses)   (206)   (139)
(2.808)   (2.103)   (2.157)   Income Tax/Social Contribution    (4.911)   (4.365)
17    (1.350)   (77)   Minority Interest    (1.333)   (269)
5.021    4.930    3.299    Net Income    9.951    7.091 
           

(1)      As of January 1, 2005, the Special Purpose Entities, whose activities are directly or indirectly controlled by Petrobras, are included in the Consolidated Financial Statements, as per CVM Instruction Number 408/2004.
(2)      To facilitate comparability, the Special Purpose Entities were also included in the 1Q-2004 and 1H-2004 financial statements.
 

Some values related to previous periods were reclassified for purposes of comparability to the financial statements of the current period.

15



"Consolidated Income Statement" elsewhere:

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