Send us Feedback

Petrobras (PBR)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

PBR » Topics » Net income in the 2Q-2008 totaled R$ 8,783 million, 27% up on the R$ 6,925 million posted in the 1Q-2008 due to the factors listed below:

This excerpt taken from the PBR 6-K filed Aug 13, 2008.

Net income in the 2Q-2008 totaled R$ 8,783 million, 27% up on the (R$ 6,925 million) posted in the 1Q-2008 due to the factors listed below:

• A R$ 3,985 million growth in gross profit:

    R$ million
    Changes 
    2Q-2008 x 1Q-2008 
Main Items    Net 
Revenues		   Cost of
Goods Sold 		   Gross 
Profit
 
. Domestic Market:              - volumes sold    1,856    (1,319)   537 
                                               - domestic prices    2,337    -    2,337 
. International Market:       - export volumes    1,243    (600)   643 
                                               - export price    1,957    -    1,957 
. Increase in expenses:(*)   -    (1,479)   (1,479)
. Increase in profitability of distribution segment    59    -    59 
. Increase in profitability of trading operations    502    (627)   (125)
. Increase in international sales    1,527    (1,014)   513 
. FX effect on controlled companies abroad    (1,415)   1,257    (158)
. Other    (388)   89    (299)
       
    7,678    (3,693)   3,985 
       

(*) Expenses Composition:    Value 
                 - import of crude oil and oil products and gas (1)   (1,543)
                 - domestic Government Take    (622)
                 - non-oil products, including alcohol, biodiesel and other    (303)
                 - transportation: maritime and pipelines (2)   36 
                 - materials, services and depreciation    80 
                 - salaries, benefits and charges    101 
                 - generation and purchase of energy for commercialization    341 
                 - third-party services    431 
   
    (1,479)
   

(1) CIF values.
(2) Expenditures on cabotage, terminals and pipelines.

This excerpt taken from the PBR 6-K filed Aug 13, 2008.

Net income in the 2Q-2008 totaled R$ 8,783 million, 27% up on the R$ 6,925 million posted in the 1Q-2008 due to the factors listed below:

  • A R$ 3,985 million growth in gross profit:
        R$ million 
        Changes
2Q-2008 X 1Q-2008 
Main Items   Net
Revenues		   Cost of
Goods Sold		   Gross
Profit 
. Domestic Market:                - volumes sold    1,856    (1,319)   537 
                                                 - domestic prices    2,337    -    2,337 
. International Market:         - export volumes    1,243    (600)   643 
                                                 - export price    1,957    -    1,957 
. Increase in expenses:(*)   -    (1,479)   (1,479)
. Increase in profitability of distribution segment    59    -    59 
. Increase in profitability of trading operations    502    (627)   (125)
. Increase in international sales    1,527    (1,014)   513 
. FX effect on controlled companies abroad    (1,415)   1,257    (158)
. Others        (388)   89    (299)
         
        7,678    (3,693)   3,985 
         

(*) Expenses Composition:    Value
- import of crude oil and oil products and gas (1)   (1,543)
- domestic Government Take    (622)
- non-oil products, including alcohol, biodiesel and other    (303)
- transportation: maritime and pipelines (2)   36 
- materials, services and depreciation    80 
- salaries, benefits and charges    101 
- generation and purchase of energy for commercialization    341 
- third-party services    431 
   
    (1,479)
   

(1) CIF values. 
(2) Expenditures on cabotage, terminals and pipelines. 

8

EXCERPTS ON THIS PAGE:

6-K
Aug 13, 2008
6-K
Aug 13, 2008

RELATED TOPICS for PBR:

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki