PBR » Topics » a) Provisions for lawsuits

This excerpt taken from the PBR 6-K filed Nov 17, 2006.

a) Provisions for lawsuits

In the normal course of their operations, PETROBRAS and its subsidiaries are involved in lawsuits of a civil, tax, labor and environmental nature. The Company has set up provisions for possible losses on these suits, estimated and updated by management based on the opinion of its legal counsel. As of September 30, 2006, such provisions are broken down as follows, according to the nature of the corresponding cases:

    Consolidated    Parent Company 
     
    09.30.2006    06.30.2006    09.30.2006    06.30.2006 
         
Contingencies for joint liability -                 
INSS    (*) 29.712    139.562    (*) 29.712    139.562 
Other social security contingencies    54.000    54.000    54.000    54.000 
         
Contingencies in current liabilities    83.712    193.562    83.712    193.562 
         
 
Labor claims    91.047    87.676    10.022    9.674 
Tax claims    124.630    187.164    12.712    12.449 
Civil claims    (*) 222.249    211.795    (*)137.923    (*) 138.937 
Other    115.682    94.688         
         
 
Long-term litigation    553.608    581.323    160.657    161.060 
         
 
Total    637.320    774.885    244.369    354.622 
         

(*) This does not include judicial deposits - according to CVM Instruction 489/05.

This excerpt taken from the PBR 6-K filed Aug 25, 2006.

a) Provisions for lawsuits

In the normal course of their operations, PETROBRAS and its subsidiaries are involved in lawsuits of a civil, tax, labor and environmental nature. The Company has set up provisions for possible losses on these suits, estimated and updated by management based on the opinion of its legal counsel. As of June 30, 2006, such provisions are broken down as follows, according to the nature of the corresponding cases:

    Consolidated    Parent Company 
     
    06.30.2006    03.31.2006    06.30.2006    03.31.2006 
         
Contingencies for joint liability –                 
INSS    139.562    139.602    139.562    139.602 
Other social security contingencies    54.000    54.000    54.000    54.000 
         
Contingencies in current liabilities    193.562    193.602    193.562    193.602 
         
 
 
Labor claims    87.676    84.545    9.674    1.231 
Tax claims    187.164    177.252    12.449    16.169 
Civil claims    211.795    173.764    (*) 138.937    (*) 97.194 
Other    94.688    86.818     
         
 
Long-term litigation    581.323    522.379    161.060    114.594 
         
 
Total    774.885    715.981    354.622    308.196 
         

(*)This does not include judicial deposits in the amount of R$ 156.871 thousand in June 30, 2006 (R$ 104.204 thousand in March 31, 2006) – CVM Instruction 489/05.
This excerpt taken from the PBR 6-K filed Jun 26, 2006.

a) Provisions for lawsuits

In the normal course of their operations, PETROBRAS and its subsidiaries are involved in lawsuits of a civil, tax, labor and environmental nature. The Company has set up provisions for possible losses on these suits, estimated and updated by management based on the opinion of its legal counsel. As of March 31, 2006, such provisions are broken down as follows, according to the nature of the corresponding cases:

    Consolidated             Parent Company 
     
    31.03.2006    31.12.2005    31.03.2006    31.12.2005 
         
Contingencies for joint liability - INSS    139.602    144.946    139.602    144.946 
Other social security contingencies    54.000    22.699    54.000    22.699 
         
Contingencies in current liabilities    193.602    167.645    193.602    167.645 
         
 
 
Labor claims    84.545    71.875    1.231    1.231 
Tax claims    177.252    173.277    16.169    16.169 
Civil claims    173.764    251.793    97.194  (*) 176.550 
Other    86.818    117.623        31.301 
         
 
Long-term litigation    522.379    614.568    114.594    225.251 
         
 
Total    715.981    782.213    308.196    392.896 
         

(*)This does not include judicial deposits in the amount of R$ 104.205 thousand – CVM Instruction 489/05

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This excerpt taken from the PBR 6-K filed Aug 19, 2005.

a) Provisions for lawsuits

In the normal course of their operations, PETROBRAS and its subsidiaries are involved in lawsuits of a civil, tax, labor and environmental nature which, when applicable, are covered by deposits in court. The Company has set up provisions for possible losses on these suits, estimated and updated by management based on the opinion of its legal counsel. As of June 30, 2005, such provisions are broken down as follows, according to the nature of the corresponding cases:

    Consolidated    Parent Company 
     
    30.06.2005    31.03.2005    30.06.2005    31.03.2005 
         
Contingencies for joint liability -                 
    INSS    154.173    252.846    154.173    252.846 
Other social security contingencies    54.000    54.000    54.000    54.000 
Civil claims                 
         
 
Contingencies in current liabilities    208.173    306.846    208.173    306.846 
         
 
Labor claims    77.005    69.474    1.543    1.543 
Tax claims    195.296    228.989    16.169    16.169 
Civil claims    295.030    346.858    184.300    202.757 
Other    97.740    106.110    31.301    31.301 
         
 
Long-term litigation    665.071    751.431    233.313    251.770 
         
 
Total    873.244    1.058.277    441.486    558.616 
         

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