PBR » Topics » 2. Consolidated Taxes and Obligations

This excerpt taken from the PBR 6-K filed Mar 12, 2007.

2. Consolidated Taxes and Obligations

PETROBRAS’ economic contribution to the country, measure in terms of taxes, duties and social contributions amounted in 2006 to R$ 50.944 million.

R$ million
    4th Quarter            Fiscal Year     
           
3Q-2006    2006    2005    D  %        2006    2005    D % 
               
                Economic Contribution - Country             
4.736    4.447    4.248      Value Added Tax (ICMS)   17.731    15.518    14 
2.023    2.033    1.888      CIDE (1)   7.833    7.444   
3.096    2.914    2.926      PASEP/COFINS    11.637    10.385    12 
3.181    1.365    2.363    (42)   Income Tax & Social Contribution    11.430    10.401    10 
594    643    407    58    Others    2.313    2.010    15 
               
13.630    11.402    11.832     (4)   Subtotal    50.944    45.758    11 
               
1.059    883    1.021    (14)   Economic Contribution - Foreign    3.786    3.578   
               
14.689    12.285    12.853     (4)   Total    54.730    49.336    11 
               

(1) CIDE – CONTRIBUTION FOR INTERVENTION IN THE ECONOMIC DOMAIN.

This excerpt taken from the PBR 6-K filed Nov 17, 2006.

2. Consolidated Taxes and Obligations

The economic contribution of PETROBRAS to Brazil, measured by generation of taxes, duties and current social contributions, in the first nine months of 2006 totaled R$ 39,541 million.

R$ million
    3rd Quarter        Jan-Sep 
2Q-2006    2006    2005    D %        2006    2005    D % 
                Economic Contribution - Country             
4.463    4.736    3.982    19    Value Added Tax (ICMS)   13.284    11.270    18 
1.930    2.023    1.915      CIDE (1)   5.800    5.556   
2.982    3.096    2.558    21    PASEP/COFINS    8.723    7.459    17 
3.911    3.181    3.147      Income Tax & Social Contribution    10.065    6.883    46 
485    594    658    (10)   Others    1.669    1.603   
               
13.771    13.630    12.260    11    Subtotal    39.541    32.771    21 
               
1.001    1.059    758    40    Economic Contribution - Foreign    2.903    2.557    14 
               
14.772    14.689    13.018    13    Total    42.444    35.328    20 
               

(1)  CIDE – CONTRIBUIÇÃO DE INTERVENÇÃO DO DOMÍNIO ECONÔMICO.

This excerpt taken from the PBR 6-K filed Nov 13, 2006.

3. Consolidated Taxes and Obligations

The economic contribution of PETROBRAS to Brazil, measured by generation of taxes, duties and current social contributions, in the first nine months of 2006 totaled R$ 39.541 million.

R$ million
   
3rd Quarter
     
Jan-Sep
 
2Q-2006   2006   2005   D%       2006   2005   D%
 
                Economic Contribution - Country             
4.463    4.736    3.982    19    Value Added Tax (ICMS)   13.284    11.270    18 
1.930    2.023    1.915      CIDE (1)   5.800    5.556   
2.982    3.096    2.558    21    PASEP/COFINS    8.723    7.459    17 
3.911    3.181    3.147      Income Tax & Social Contribution    10.065    6.883    46 
485    594    658   
(10)
  Others    1.669    1.603   
               
13.771 
13.630 
12.260 
11 
  Subtotal    39.541    32.771    21 
               
1.001 
1.059 
758 
40 
  Economic Contribution - Foreign    2.903    2.557    14 
               
14.772 
14.689 
13.018 
13 
  Total    42.444    35.328    20 
               
(1) CIDE – CONTRIBUIÇÃO DE INTERVENÇÃO DO DOMÍNIO ECONÔMICO. 


4. Government Take

R$ million
   
3rd Quarter
     
Jan-Sep
 
2Q-2006   2006   2005   D%       2006   2005   D%
 
                Country             
1.981    2.049    1.769    16    Royalties    5.789    4.654    24 
2.146    2.219    2.037      Special Participation    6.365    5.286    20 
30    28    19    47    Surface Rental Fees    79    53    49 
               
4.157    4.296    3.825    12    Subtotal    12.233    9.993    22 
               
309    363    188    93    Foreign    890    470    89 
               
4.466    4.659    4.013    16    Total    13.123    10.463    25 
               

Government take in Brazil increased 22% during the January to September 2006 period when compared to the same period of 2005, reflecting the increase in the Special Participation tax bracket for the Barracuda and Caratinga fields as a result of their increased production levels, and the 19% increase in the reference price for domestic oil, which averaged R$ 119,56 (US$ 54.78) for the first nine months of 2006, compared with R$ 100,74 (US$ 40.64) the same period of 2005. These prices are linked to the price of Brent in the international markets.

29


This excerpt taken from the PBR 6-K filed Aug 14, 2006.

2. Consolidated Taxes and Obligations

The economic contribution of PETROBRAS to Brazil, measured by generation of taxes, duties and current social contributions, in the 1H-2006 totaled R$ 25,911 million.

R$ million
                   
First Half
1Q-2006   2006   2005  
D% 
     
2006 
   
2005 
  D% 
                Economic Contribution - Country             
4,085    4,463    3,571    25    Value Added Tax (ICMS)   8,548    7,288    17 
1,847    1,930    1,862      CIDE (1)   3,777    3,642   
2,645    2,982    2,475    20    PASEP/COFINS    5,627    4,900    15 
2,973    3,911    1,630    140    Income Tax & Social Contribution    6,884    3,710    86 
590    485    484      Others    1,075    948    13 
12,140   13,771   10,022   37   Subtotal    25,911   20,488   26
843   1,001   758   32   Economic Contribution - Foreign   1,844   1,765   4
12,983   14,772   10,780   37   Total    27,755   22,253   25
(1) CIDE – CONTRIBUIÇÃO DE INTERVENÇÃO DO DOMÍNIO ECONÔMICO.
This excerpt taken from the PBR 6-K filed Jun 26, 2006.

2. Consolidated Taxes and Obligations

The economic contribution of PETROBRAS to Brazil, measured by generation of taxes, duties and current social contributions, in the 1Q-2006 totaled R$ 12,140 million.

114


R$ million
        First Quarter 
       
4Q-2005        2006    2005    D
         
    Economic Contribution - Country             
4,248    Value Added Tax (ICMS)   4,085    3,719    10 
1,888    CIDE (1)   1,847    1,780   
2,926    PASEP/COFINS    2,645    2,443   
2,363    Income Tax & Social Contribution    2,973    2,124    40 
407    Others    590    466    27 
         
11,832    Subtotal    12,140    10,532    15 
         
1,021    Economic Contribution - Foreign    843    1,007    (16)
         
12,853    Total    12,983    11,539    13 
         

(1) CIDE – CONTRIBUIÇÃO DE INTERVENÇÃO DO DOMÍNIO ECONÔMICO.

This excerpt taken from the PBR 6-K filed May 16, 2006.

3. Consolidated Taxes and Obligations

The economic contribution of PETROBRAS to Brazil, measured by generation of taxes, duties and current social contributions, in the 1Q-2006 totaled R$ 45.758 million.

R$ million
       
First Quarter 
4Q-2005 
     
2006 
 
2005 
  D% 
    Economic Contribution - Country             
4,248    Value Added Tax (ICMS)   4,085    3,719    10 
1,888    CIDE (1)   1,847    1,780   
2,926    PASEP/COFINS    2,645    2,443   
2,363    Income Tax & Social Contribution    2,973    2,124    40 
407    Others    590    466    27 
11,832    Subtotal    12,140    10,532    15 
1,021    Economic Contribution - Foreign    843    1,007   
(16)
12,853    Total    12,983   
11,539 
  13 

(1)      CIDE – CONTRIBUIÇÃO DE INTERVENÇÃO DO DOMÍNIO ECONÔMICO.
 
This excerpt taken from the PBR 6-K filed Mar 21, 2006.

3. Consolidated Taxes and Obligations

The economic contribution of PETROBRAS to the Nation, measured by means of the generation of taxes, duties, and current social obligations, totaled R$ 45,758 million in 2005.

R$ million
    Fourth Quarter        Fiscal Year
3Q-2005    2005    2004    D%        2005    2004    D% 
                Economic Contribution - Country             
3.982    4.248    3.810    11    Value Added Tax (ICMS)   15.518    14.189   
1.915    1.888    1.869      CIDE (1)   7.444    7.647    (3)
2.558    2.926    2.826      PASEP/COFINS    10.385    11.021    (6)
3.316    2.363    1.285    84    Income Tax & Social Contribution    10.401    6.500    60 
658    407    340    20    Others    2.010    1.756    14 
               
12.429    11.832    10.130    17    Subtotal    45.758    41.113    11 
               
792    1.021    906    13    Economic Contribution - Foreign    3.578    3.575   
               
13.221    12.853    11.036    16    Total    49.336    44.688    10 
               
(1) CIDE – CONTRIBUTION FOR INTERVENTION IN THE ECONOMIC DOMAIN.
This excerpt taken from the PBR 6-K filed Feb 21, 2006.

3. Consolidated Taxes and Obligations

The economic contribution of PETROBRAS to the Nation, measured by means of the generation of taxes, duties, and current social obligations, totaled R$ 45,758 million in 2005.

R$ million
    Fourth Quarter        Fiscal Year
3Q-2005    2005    2004    D%        2005    2004    D% 
                Economic Contribution - Country             
3.982    4.248    3.810    11    Value Added Tax (ICMS)   15.518    14.189   
1.915    1.888    1.869      CIDE (1)   7.444    7.647    (3)
2.558    2.926    2.826      PASEP/COFINS    10.385    11.021    (6)
3.316    2.363    1.285    84    Income Tax & Social Contribution    10.401    6.500    60 
658    407    340    20    Others    2.010    1.756    14 
               
12.429    11.832    10.130    17    Subtotal    45.758    41.113    11 
               
792    1.021    906    13    Economic Contribution - Foreign    3.578    3.575   
               
13.221    12.853    11.036    16    Total    49.336    44.688    10 
               
(1) CIDE – CONTRIBUTION FOR INTERVENTION IN THE ECONOMIC DOMAIN.
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