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PBR » Topics » Other Operating Expenses by Segment

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

Other Operating Expenses by Segment

    First half of 2009 
U.S.$ million 
 
    E&P    SUPPLY    GAS & 
ENERGY 		   INTERN.    DISTRIB.    CORPOR.    ELIMIN.    TOTAL 
 
Allowance for marking inventory to market value    -    (88)   (1)   (112)   -    (4)   -    (205)
Institutional relations and cultural projects    (16)   (6)   (2)   -    (9)   (161)   -    (194)
Unscheduled stoppages of plant and equipment    (124)   (34)   -    -    -    -    -    (158)
Idle capacity at thermoelectric power plants    -    -    (146)   -    -    -    -    (146)
Losses from legal proceedings    (8)   (57)   (12)   (2)   (10)   (12)   -    (101)
HSE expenses    (14)   (9)   -    -    -    (44)   -    (67)
Ship or pay commitments    -    -    -    (13)   -    -    -    (13)
Contractual fines    -    -    (7)   -    -    -    -    (7)
Other    232    (116)   39    56    45    (29)   28    255 
                 
    70    (310)   (129)   (71)   26    (250)   28    (636)
                 

 

    First half of 2008 
U.S.$ million 
 
    E&P    SUPPLY    GAS 
& 
ENERGY 		   INTERN.    DISTRIB.    CORPOR.    ELIMIN.    TOTAL 
 
Institutional relations and cultural projects    (22)   (18)   (2)   -    (15)   (271)   -    (328)
Idle capacity at thermoelectric power plants    -    -    (149)   -    -    -    -    (149)
HSE expenses    (5)   (23)   (1)   -    -    (73)   -    (102)
Contractual fines    -    -    (169)   -    -    -    -    (169)
Losses from legal proceedings    (8)   (15)   -    (74)   (5)   (69)   -    (171)
Unscheduled stoppages of plant and equipment    (18)   (24)   -    -    -    -    -    (42)
Ship or pay commitments    -    -    -    (26)   -    -    -    (26)
Other    54    (70)   (95)   11    47    (72)   -    (125)
                 
    1    (150)   (416)   (89)   27    (485)   -    (1,112)
                 

27

This excerpt taken from the PBR 6-K filed Jun 1, 2009.

Other Operating Expenses by Segment

  Three-month period ended March 31, 2009
U.S.$ million 
 
  E&P    SUPPLY    GAS &
ENERGY		   INTERN.    DISTRIB.    CORPOR.    ELIMIN.    TOTAL 
 
Allowance for marking inventory to market value  -    (47)   (5)   (46)   -    -               -    (98)
Institutional relations and cultural projects  (8)   (2)   (1)   -    (3)   (69)              -    (83)
Idle capacity at thermoelectric power plants  -    -    (77)   -    -    -               -    (77)
Unscheduled stoppages of plant and equipment  (42)   (20)   -    -    -    -               -    (62)
HSE expenses  (8)   (4)   -    -    -    (23)              -    (35)
Losses from legal proceedings  (4)   (8)   -    (3)   (6)   (12)              -    (33)
Contractual fines  -    -    (10)   -    -    -               -    (10)
Ship or pay commitments  -    -    -    (6)   -    -               -    (6)
Other  30    (53)   14    (12)   6    (17)              -    (32)
                 
  (32)   (134)   (79)   (67)   (3)   (121)              -    (436)
                 

  Three-month period ended March 31, 2008
U.S.$ million 
 
  E&P    SUPPLY    GAS &
ENERGY		   INTERN.    DISTRIB.    CORPOR.    ELIMIN.    TOTAL 
 
Institutional relations and cultural projects  (12)   (9)   -    -    (5)   (134)   -    (160)
Idle capacity at thermoelectric power plants  -    -    (93)   -    -    -    -    (93)
HSE expenses  (3)   (10)   (1)   -    -    (32)   -    (46)
Contractual fines  -    -    (146)   -    -    -    -    (146)
Losses from legal proceedings  (5)   (4)   -    (73)   (1)   (6)   -    (89)
Unscheduled stoppages of plant and equipment  (13)   (18)   -    -    -    -    -    (31)
Ship or pay commitments  -    -    -    (12)   -    -    -    (12)
Other  31    (34)   (40)   18    31    (32)   -    (26)
                 
  (2)   (75)   (280)   (67)   25    (204)   -    (603)
                 

27

This excerpt taken from the PBR 6-K filed Mar 30, 2009.

Other Operating Expenses by Segment

  Year ended December 31, 2008 
U.S.$ million  
 
   E&P    SUPPLY    GAS
& 
ENERGY		   INTERN.    DISTRIB.    CORPOR.    ELIMIN.    TOTAL 
 
 
Institutional relations and culture projects  (43)   (31)   (6)   -    (42)   (553)   -    (675)
 
Allowance for marking inventory to market value  -    (188)   (59)   (298)   -    -    -    (545)
Idle capacity at thermoelectric power plants  -    -    (345)   -    -    -    -    (345)
Expenses related to collective bargaining agreement  (152)   (49)   (11)   (11)   -    (99)   -    (322)
Losses from legal proceedings  (18)   (44)   (11)   (109)   (10)   (81)   -    (273)
Contractual fines  -    -    (237)   -    -    -    -    (237)
HSE expenses  (38)   (34)   (2)   -    -    (140)   -    (214)
Unscheduled stoppages of plant and equipment  (64)   (45)   -    -    -    -    -    (109)
Ship or pay commitments  -    -    -    (54)   -    -    -    (54)
Other  198    72    59    (1)   (38)   (181)   -    109 
                 
  (117)   (319)   (612)   (473)   (90)   (1,054)   -    (2,665)
                 

  Year ended December 31, 2007 
U.S.$ million  
 
   E&P    SUPPLY    GAS
& 
ENERGY		   INTERN.    DISTRIB.    CORPOR.    ELIMIN.    TOTAL 
 
 
Institutional relations and culture projects  (39)   (33)   -    -    (35)   (542)   -    (649)
Expenses related to Petros Plan amendments  (104)   (61)   (5)   (4)   (19)   (305)   -    (498)
HSE expenses  (11)   (69)   (2)   (5)   -    (157)   -    (244)
Contractual fines  -    -    (240)   -    -    -    -    (240)
Expenses related to collective bargaining agreement  (91)   (55)   (8)   (5)   (12)   (64)   -    (235)
Losses from legal proceedings  (96)   (40)   -    (9)   (36)   (30)   -    (211)
Idle capacity at thermoelectric power plants  -    -    (176)   -    -    -    -    (176)
Unscheduled stoppages of plant and equipment  (13)   (52)   -    -    -    -    -    (65)
Ship or pay commitments  -    -    -    (51)   -    -    -    (51)
Loss related to ICMS tax  -    51    -    -    -    -    -    51 
Other  109    40    (4)   (34)   48    13    10    182 
                 
 
 
  (245)   (219)   (435)   (108)   (54)   (1,085)   10    (2,136)
                 

30

This excerpt taken from the PBR 6-K filed Sep 4, 2008.

Other Operating Expenses by Segment

    First half of 2008 
    U.S.$ million 
 
            GAS                     
    E&P    SUPPLY    &    INTERN.    DISTRIB.    CORPOR.    ELIMIN.    TOTAL 
            ENERGY                     
 
 
Institutional Relations and Culture Projects    (22)   (18)   (2)   -    (15)   (271)   -    (328)
Contractual fines    -    -    (169)   -    -    -    -    (169)
Idle capacity from thermoelectric power plants    -    -    (149)   -    -    -    -    (149)
Losses resulted from Legal Proceedings    (8)   (15)   -    (74)   (5)   (69)   -    (171)
HSE expenses    (5)   (23)   (1)   -    -    (73)   -    (102)
Unscheduled stoppages of plant and equipment    (18)   (24)   -    -    -    -    -    (42)
Ship or pay commitments    -    -    -    (26)   -    -    -    (26)
Other    54    (70)   (95)   11    47    (72)   -    (125)
                 
    1    (150)   (416)   (89)   27    (485)   -    (1,112)
                 

    First half of 2007 
    U.S.$ million 
 
            GAS                     
    E&P    SUPPLY    &    INTERN.    DISTRIB.    CORPOR.    ELIMIN.    TOTAL 
            ENERGY                     
 
Expenses related to Petros Plan repactuation    (106)   (62)   (6)   (4)   (20)   (314)   -    (512)
Institutional Relations and Culture Projects    (17)   (13)   -    -    (10)   (215)   -    (255)
Idle capacity from thermoelectric power plants    -    -    (120)   -    -    -    -    (120)
Losses resulted from Legal Proceedings    (67)   (17)   -    (1)   (24)   (1)   -    (110)
HSE expenses    (4)   (24)   (1)   -    -    (68)   -    (97)
Unscheduled stoppages of plant and equipment    (8)   (31)   -    -    -    -    -    (39)
Ship or pay commitments    -    -    -    (23)   -    -    -    (23)
Expenses related to the new salaries plan    (23)   (11)   (2)   (2)   -    (22)   -    (60)
Other    32    (46)   (7)   (16)   4    (63)   -    (96)
                 
    (193)   (204)   (136)   (46)   (50)   (683)   -    (1,312)
                 

27

This excerpt taken from the PBR 6-K filed May 22, 2008.

Other Operating Expenses by Segment

   
  First quarter of 2008
  U.S.$ million 
 
  E&P    SUPPLY    GAS &
ENERGY		   INTERN.    DISTRIB.    CORPOR.    ELIMIN.    TOTAL 
               
 
Institutional Relations and Culture Projects  (12)   (9)   -    -    (5)   (134)   -    (160)
Contractual fines  -    -    (146)   -    -    -    -    (146)
Operating expenses with thermoelectric  -    -    (93)   -    -    -    -    (93)
Losses and contingencies related to legal                               
proceedings  (5)   (4)   -    (73)   (1)   (6)   -    (89)
HSE expenses  (3)   (10)   (1)   -    -    (32)   -    (46)
Unscheduled stoppages of plant and equipment  (13)   (18)   -    -    -    -    -    (31)
Ship or pay commitments  -    -    -    (12)   -    -    -    (12)
Other  31    (34)   (40)   18    31    (32)   -    (26)
                 
 
 
  (2)   (75)   (280)   (67)   25    (204)   -    (603)
                 

   
  First quarter of 2007
  U.S.$ million 
 
  E&P    SUPPLY    GAS &
ENERGY		   INTERN.    DISTRIB.    CORPOR.    ELIMIN.    TOTAL 
               
 
Expenses related to Petros Plan repactuation  (105)   (62)   (5)   (4)   (19)   (303)              -    (498)
Institutional Relations and Culture Projects  (10)   (7)   -    -    (3)   (118)              -    (138)
Operating expenses with thermoelectric  -    -    (51)   -    -    -               -    (51)
Losses and contingencies related to legal                               
proceedings  (3)   (6)   -    (1)   -    5               -    (5)
HSE expenses  (3)   (11)   -    -    -    (31)              -    (45)
Unscheduled stoppages of plant and equipment  (9)   (19)   -    -    -    -               -    (28)
Ship or pay commitments  -    -    -    (8)   -    -               -    (8)
Other  23    (1)   19    (49)   5    30               -    27 
                 
 
  (107)   (106)   (37)   (62)   (17)   (417)              -    (746)
                 

In order to unify the criterion for the allocation of HSE expenses, we opted to allocate these expenses in their entirety to other operating expenses.

In order to maintain comparability between the periods, we are presenting the previous statements in accordance with the new criteria above.

27

This excerpt taken from the PBR 6-K filed Mar 18, 2008.

Other Operating Expenses by Segment

  Year ended December 31, 2007  
U.S.$ million  
 
   E&P    SUPPLY    GAS
& 
ENERGY		   INTERN.    DISTRIB.    CORPOR.    ELIMIN.    TOTAL 
 
 
Institutional Relations and Culture Projects  (39)   (33)   -    -    (35)   (542)   -    (649)
Expenses related to Petros Plan amendments  (104)   (61)   (5)   (4)   (19)   (305)   -    (498)
HSE expenses  (11)   (69)   (2)   (5)   -    (157)   -    (244)
Contractual fines  -    -    (240)   -    -    -    -    (240)
Expenses related to the new salaries plan  (91)   (55)   (8)   (5)   (12)   (64)   -    (235)
Losses resulted from Legal Proceedings  (96)   (40)   -    (9)   (36)   (30)   -    (211)
Idle capacity from thermoelectric power plants  -    -    (176)   -    -    -    -    (176)
Unscheduled stoppages of plant and equipment  (13)   (52)   -    -    -    -    -    (65)
Ship or pay commitments  -    -    -    (51)   -    -    -    (51)
Lawsuit Loss Related to ICMS Tax  -    51    -    -    -    -    -    51 
Other  109    40    (4)   (34)   48    13    10    182 
                 
 
 
  (245)   (219)   (435)   (108)   (54)   (1,085)   10    (2,136)
                 

  Year ended December 31, 2006  
U.S.$ million  
 
   E&P    SUPPLY    GAS
& 
ENERGY		   INTERN.    DISTRIB.    CORPOR.    ELIMIN.    TOTAL 
 
 
Institutional relations and culture projects  (18)   (27)   -    -    (46)   (477)   -    (568)
Expenses with thermoelectric plants  -    -    (238)   -    -    -    -    (238)
HSE expenses  (9)   -    (1)   (1)   -    (122)   -    (133)
Expenses related to the new salaries plan  (41)   (18)   (2)   (1)   -    (24)   -    (86)
Losses resulted from legal proceedings  (12)   30    -    (4)   3    (92)   -    (75)
Unscheduled stoppages of plant and equipment  (27)   (37)   -    -    -    -    -    (64)
Ship or pay commitments  -    -    -    (56)   -    -    -    (56)
Recovery of exploratory expenses in Nigeria  -    -    -    32    -    -    -    32 
Other  76    12    63    8    (34)   (70)   13    68 
                 
 
  (31)   (40)   (178)   (22)   (77)   (785)   13    (1,120)
                 

In order to unify the criterion for the allocation of HSE expenses, we opted to allocate these expenses in their entirety to other operating expenses.

In order to maintain comparability between the periods, we are presenting the previous statements in accordance with the new criteria above.

31

EXCERPTS ON THIS PAGE:

6-K
Sep 9, 2009
6-K
Jun 1, 2009
6-K
Mar 30, 2009
6-K
Sep 4, 2008
6-K
May 22, 2008
6-K
Mar 18, 2008

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