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

R$ MILLION
     
CONSOLIDATED - LAW 6.404/76    4Q08 x 3Q08 
     
Operating Income (2007)   13,211 
   
 
Prices Effect    (6,479)
Trading Operations    (964)*
Import of oil, oil products and gas    1,427 
Government Take    865 
Impairment    (1,089)
Loss on assets recovery    (925)
Write-off of dry wells    (202)
Provision for area abandonment    (56)
Other    (748)
Operating Income (2008)   5,040 
   

* The net result of commodity sale hedge operations generated a positive variation of R$ 447 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 quarterly variation in operating income were as follows:

R$ MILLION
     
CONSOLIDATED - LAW 6.404/76    4Q08 x 3Q08 
     
Operating Income (2007)   13,211 
   
 
Prices Effect    (6,479)
Trading Operations    (964)
Import of oil, oil products and gas    1,427 
Government Take    865 
Impairment    (1,089)
Loss on assets recovery    (925)
Write-off of dry wells    (202)
Provision for area abandonment    (56)
Other    (748)
Operating Income (2008)   5,040 
   

* The net result of commodity sale hedge operations generated a positive variation of R$ 447 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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