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PBR » Topics » A higher financial result (R$ 8,043 million), thanks to the exchange gains on investments in assets abroad, as shown below:This excerpt taken from the PBR 6-K filed Mar 24, 2009. A higher financial result (R$ 8,043 million), thanks to the exchange gains on investments in assets abroad, as shown below:
• The positive effect on minority interests (R$ 4,076 million), due to the reduction in the result of the SPC’s (R$ 2,718 million), caused by the impact of the exchange variation on their debt, and the reduction in the results of the subsidiaries (R$ 1,358 million). • An increase in equity income (R$ 66 million), chiefly due to the impact of the exchange variation on the conversion of foreign subsidiaries’ financial statements (R$ 1,315 million), reflecting the 32% annual appreciation of the dollar, and gains from the change in holdings following the corporate restructuring of Quattor Participações (R$ 409 million), offset by the performance of petrochemical interests (R$ 878 million) and the amortization of goodwill (R$ 273 million). 8
This excerpt taken from the PBR 6-K filed Mar 9, 2009. A higher financial result (R$ 8,043 million), thanks to the exchange gains on investments in assets abroad, as shown below:
• The positive effect on minority interests (R$ 4,076 million), due to the reduction in the result of the SPC’s (R$ 2,718 million), caused by the impact of the exchange variation on their debt, and the reduction in the results of the subsidiaries (R$ 1,358 million). • An increase in equity income (R$ 66 million), chiefly due to the impact of the exchange variation on the conversion of foreign subsidiaries’ financial statements (R$ 1,315 million), reflecting the 32% annual appreciation of the dollar, and gains from the change in holdings following the corporate restructuring of Quattor Participações (R$ 409 million), offset by the performance of petrochemical interests (R$ 878 million) and the amortization of goodwill (R$ 273 million). 8
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