PBR » Topics » Distribution of Value Added

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

Distribution of Value Added

Personnel         
Salaries, Benefits and Charges    5.934    5.471 
     
    5.934    5.471 
     
Government Entities         
Taxes, Fees and Contributions    42.008    35.010 
Government Participation    12.233    9.981 
Deferred Income Tax & Social Contribution    (391)   1.058 
     
    53.850    46.049 
     
Financial Institutions and Suppliers         
Interest, FX Rate and Monetary Changes    1.776    2.075 
Rent and Freight Expenses    6.806    6.729 
     
    8.582    8.804 
     
Shareholders         
Dividend / Interest on own capital    4.387    2.193 
Net Income    16.439    13.292 
     
    20.826    15.485 
     

Some values related to prior periods were reclassified for the purpose of aligning the financial statements to the current period, thus facilitating comparability.

36


PETROBRAS 
 

   
http://www.petrobras.com.br/ri 
 
     
For more information, please contact: 
 
PETRÓLEO BRASILEIRO S.A – PETROBRAS 
Investor Relations 
Raul Adalberto de Campos –Executive Manager 
E-mail: petroinvest@petrobras.com.br 
Av. República do Chile, 65 - 2202 – B 
20031-912 – Rio de Janeiro, RJ 
Telephone: (55-21) 3224-1510 / 9947 
0800-282-1540 

This document may contain forecasts that merely reflect the expectations of the Company’s management. Such terms as “anticipate”, “believe”, “expect”, “forecast”, “intend”, “plan”, “project”, “seek”, “should”, along with similar or analogous expressions, are used to identify such forecasts. These predictions involve risks and uncertainties, whether foreseen or not by the Company. Therefore, the future results of operations may differ from current expectations, and readers must not base their expectations exclusively on the information presented herein. The Company is not obliged to update those forecasts due to new information nor its futures consequences.

37


 

SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: November 13, 2006

 
PETRÓLEO BRASILEIRO S.A--PETROBRAS
By:
/S/  Almir Guilherme Barbassa

 
Almir Guilherme Barbassa
Chief Financial Officer and Investor Relations Officer
 

 

 
FORWARD-LOOKING STATEMENTS

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually oc cur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.


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