Send us Feedback

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

PBR » Topics » Page 139

This excerpt taken from the PBR 6-K filed Nov 19, 2009.

Page 139

Consolidated Debt             
          R$ million   
                 
        09.30.2009    06.30.2009    Δ % 
Short-term Debt (1)   10,639    13,086    (19)
Long-term Debt (1)   79,588    55,782    43 
       
Total    90,227    68,868    31 
Cash and cash equivalents    30,088    10,072    199 
Net Debt (2)   60,139    58,796    2 
Net Debt/(Net Debt + Shareholder's Equity) (1)   28%    28%    - 
Total Net Liabilities (1)(3)   303,702    295,193    3 
Capital Structure             
(third parties net / total liabilities net)   49%    49%    - 
(1)   Includes contractual commitments involving the transfer of benefits, risk and the control of goods.         
(2)   Total debt less cash and cash equivalents.             
(3)   Total liabilities net of cash/financial investments.             
        US$ million 
                 
        09.30.2009    06.30.2009    % 
Short-term Debt (1)   5,983    6,705    (11)
Long-term Debt (1)   44,760    28,583    57 
       
Total    50,743    35,288    44 

Gross debt was impacted by BNDES loans to cover investments pursuant to the Company’s 2009/2013 business plan.

The level of indebtedness, measured by the net debt/EBITDA ratio increased from 0.95 on June 30, 2009, to 1.00 on September 30, 2009. The portion of the capital structure represented by third parties was 49%.

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

Page 139

The year-on-year decline was caused by narrower sales margins, in turn due to lower average sales prices. This was partially offset by the 10% upturn in sales volume, primarily thanks to the consolidation of ALVO Distribuidora, despite the consequent increase in SG&A expenses.

The Company’s share of the fuel distribution market climbed from 35.2% in the 1H-2008 to 38.4% in the 1H-2009.

The higher result was caused by the 9% increase the sales margins and the 5% upturn in sales volume.

These effects were partially offset by higher SG&A expenses due to increased freight costs.

The segment recorded a 38.0% share of the fuel distribution market in the 2Q-2009, versus 38.8% in the previous quarter.

EXCERPTS ON THIS PAGE:

6-K
Nov 19, 2009
6-K
Aug 18, 2009

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