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PBR » Topics » b) Deferred income and social contribution tax liabilities

This excerpt taken from the PBR 6-K filed Jun 8, 2009.

b) Deferred income and social contribution tax liabilities

    R$ thousand     
     
    03.31.2009     
     
         Parent     
Nature    Consolidated    company    Grounds for realization 
       
 
 
Costs with exploration and drilling for petroleum    12.254.868    12.254.868    Depreciation based on the units produced method in relation to proven/developed reserves of oil fields. 
 
Temporary difference between accounting and fiscal depreciation criteria    674.130    44.270    Depreciation over the useful life of the asset or disposal. 
 
Income and social contribution taxes - foreign operations    362.559    219.483    Occurrence of triggering events for availability of income. 
 
Investments in subsidiaries and affiliated companies    282.038        Occurrence of triggering events for availability of income. 
 
Foreign exchange variation    2.753.989    2.643.545    Settlement of the contracts. 
 
Tax losses    22.747        With future taxable income. 
 
Others    806.161    63.861     
       
 
Total    17.156.492    15.226.027     
       
 
Non-current    14.395.998    12.576.303     
Current    2.760.494    2.649.724     

This excerpt taken from the PBR 6-K filed Mar 31, 2009.

b) Deferred income and social contribution tax liabilities

2008 
       
Nature    Consolidated    Parent 
company 		   Grounds for realization 
       
 
Costs with exploration and drilling for petroleum    11.720.752    11.720.753    Depreciation based on the units produced method in relation to proven/developed reserves of oil fields. 
 
Temporary difference between accounting and tax depreciation criteria    760.714    86.606    Depreciation over the useful life of the asset or disposal 
 
Income and social contribution taxes - foreign operations    360.669    219.483    Occurrence of triggering events for availability of income. 
 
Investments in subsidiaries and affiliated companies    258.640        Occurrence of triggering events for availability of income. 
 
Foreign exchange variation    3.138.541    2.865.203    Settlement of the contracts 
 
Tax losses    11.223         With future taxable income 
 
Other    1.046.292         
       
 
Total    17.296.831    14.892.045     
       
 
Non-current    13.100.459    10.821.894     
 
Current    4.196.372    4.070.151     

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Table of Contents


This excerpt taken from the PBR 6-K filed Nov 12, 2008.

b) Deferred income and social contribution tax liabilities

    R$ thousand     
     
    09.30.2008     
     
Nature    Consolidated    Parent 
company 		   Ground for realization 
       
 
Petroleum exploration costs of   prospecting and drilling    10.961.331    10.957.434    Depreciation based on the units produced method in relation to proven/developed reserves of the oil fields. 
 
Temporary differences between the depreciation criteria    696.163    73.185    Appreciation over the useful life of  the asset or disposal. 
 
Income and social contribution taxes - foreign operations    272.881    219.482    Occurrence of triggering events for availability of income. 
 
Investments in subsidiaries and affiliated companies    235.539        Occurrence of triggering events for availability of income. 
 
Foreign exchange variation on financing    733.863        Recognition on the cash basis. 
 
Other    314.626         
       
 
Total    13.214.403    11.250.101     
       
 
Non-current    11.911.496    10.048.940     
 
Current    1.302.907    1.201.161     

EXCERPTS ON THIS PAGE:

6-K
Jun 8, 2009
6-K
Mar 31, 2009
6-K
Nov 12, 2008

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