Send us Feedback

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

PBR » Topics » Pag: 130

This excerpt taken from the PBR 6-K filed Nov 21, 2007.

Pag: 130

(A free translation of the original report in Portuguese)

 

FEDERAL PUBLIC SERVICE   
BRAZILIAN SECURITIES COMMISSION (CVM)  
ITR - QUARTERLY INFORMATION - As of - 09/30/2007 Corporate Law 
COMMERCIAL, INDUSTRIAL & OTHER TYPES OF COMPANY   

08.01 – COMMENTS ON THE CONSOLIDATED PERFORMANCE IN THE QUARTER

Result by Business Area R$ million (1) (3)
    Third Quarter        Jan-Sep 
2Q-2007    2007    2006    D%        2007    2006    D% 
 
6.416    7.256    6.425    13    EXPLORATION & PRODUCTION    18.756    20.098    (7)
2.231    1.264    1.000    26    SUPPLY    5.631    4.632    22 
(215)   (364)   (582)   (37)   GAS AND ENERGY    (895)   (882)   1 
215    269    160    68    DISTRIBUTION    673    455    48 
235    (58)   106    (155)   INTERNATIONAL (2)   (83)   597    (114)
(1.745)   (2.462)   (359)   586    CORPORATE    (6.798)   (3.343)   (103)
(337)   (377)   335    (213)   ELIMINATIONS    (825)   (838)   (2)
                   
6.800    5.528    7.085    (22)   CONSOLIDATED NET INCOME    16.459    20.719    (21)
                   

(1) Comments on the results by business area begin on page 16 and their respective financial statements on page 26. 
 
(2) In the international business segment, given that all operations are executed abroad, comparisons between the periods are influenced by foreign exchange variations in dollars or in the currency of those countries in which the companies in question are headquartered. As a result, there may be substantial variations in Reais, primarily arising from and reflecting changes in the exchange rate. 
 
(3) Expenses from the creation of new jobs by Petrobras are now allocated in accordance with each employee’s area of activity and are no longer allocated in their entirety to corporate administrative expenses. In order to facilitate comparisons between the periods, we have adapted the previous financial statements to the new criteria. 

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