PBR » Topics » The main factors contributing to the quarter-over-quarter variation in consolidated net income are shown below:

This excerpt taken from the PBR 6-K filed Aug 18, 2009.

The main factors contributing to the quarter-over-quarter variation in consolidated net income are shown below:

A R$ 3,176 million increase in gross profit:

      R$ millions 
      Change 
      2Q-2009 x 1Q-2009 
Gross Profit Analysis - Main Items      Net    Cost of    Gross 
  Revenues   Goods Sold    Profit 
. Domestic Market:  - volumes sold    1,655    (658)   997 
  - domestic prices    (772)       (772)
. International Market:  - export volumes    (404)   1,195    791 
  - export price    1,381        1,381 
. Increase (decrease) in expenses: (*)       240    240 
. Increase (decrease) in profitability of distribution segment    137    12    149 
. Increase (decrease) in profitability of trading operations    793    (752)   41 
. Increase (decrease) in international sales    667    (392)   275 
. FX effect on controlled companies abroad    (668)   574    (94)
. Others      (779)   947    168 
         
      2,010    1,166    3,176 
         

(*) Expenses Composition:    Value 
- import of crude oil, oil products and gas    475 
- government take in Brasil    56 
- salaries, benefits and charges    (1)
- third-party services    (3)
- transportation: maritime and pipelines (2)   (4)
- generation and purchase of energy for commercialization    (113)
- materials, services, rent and depreciation    (170)
   
    240 
   

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