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PBR » Topics » The main factors contributing to the annual variation in operating income were as follows:

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

The main factors contributing to the annual variation in operating income were as follows:

R$ MILLION
 
CONSOLIDATED - LAW 6.404/76    2008 x 2007 
 
Operating Income (2007)   40,026 
   
 
Prices Effect    26,289 
Trading Operations    (1,010)*
Import of oil, oil produtcs and gas    (12,301)
Government Take    (6,011)
Impairment    (1,381)
Losses on recovery of assets    (479)
Expenses with Renegotiation of Petros Fund Plan    1,748 
Write-off of dry wells    (608)
Provision for area abandonment    (403)
Other    (267)
 
Operating Income (2008)   45,603 
   

* The net result of commodity sale hedge operations generated a positive variation of R$ 1,075 million over 2007 and is recognized in the financial result.

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

The main factors contributing to the annual variation in operating income were as follows:

R$ MILLION
 
CONSOLIDATED - LAW 6.404/76    2008 x 2007 
 
Operating Income (2007)   40,026 
   
 
Prices Effect    26,289 
Trading Operations    (1,010)
Import of oil, oil produtcs and gas    (12,301)
Government Take    (6,011)
Impairment    (1,381)
Losses on recovery of assets    (479)
Expenses with Renegotiation of Petros Fund Plan    1,748 
Write-off of dry wells    (608)
Provision for area abandonment    (403)
Other    (267)
 
Operating Income (2008)   45,603 
   

* The net result of commodity sale hedge operations generated a positive variation of R$ 1,075 million over 2007 and is recognized in the financial result.

EXCERPTS ON THIS PAGE:

6-K
Mar 24, 2009
6-K
Mar 9, 2009

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