PBR » Topics » 11.2 Reimbursements receivable and Ventures under negotiation

This excerpt taken from the PBR 6-K filed Mar 31, 2009.

11.2 Reimbursements receivable and Ventures under negotiation

The balance receivable, net of advances received, referring to the costs incurred by Petrobras on account of projects already negotiated with third parties, is classified in non-current assets as Project financing and is broken down as follows:

    Parent company 
   
 
Projects    2008    2007 
     
   Cabiúnas    752.926    752.958 
   PDET    953.794    952.386 
   Malhas-Nordeste    96.353    96.347 
   Malhas-Sudeste    78.645    71.323 
   Other    128    128 
     
Total    1.881.846    1.873.142 
 
Advances    (737.948)   (575.626)
     
Total net reimbursements receivable    1.143.898    1.297.516 
 
Ventures under negotiation (*)   895.395  (*) 206.197 
     
Total project financing    2.039.293    1.503.713 
     

This excerpt taken from the PBR 6-K filed Nov 12, 2008.

9.2 Reimbursements receivable and ventures under negotiation

The balance receivable, net of advances received, referring to the costs incurred by Petrobras on account of projects already negotiated with third parties, is classified in non-current assets as Project financing and is broken down as follows:

    R$ thousand
     
    Parent company
   
Projects    09.30.2008   06.30.2008
     
   Cabiúnas    752.926    752.912 
   PDET    1.160.464    1.129.396 
   Malhas-Nordeste    96.353    96.351 
   Malhas-Sudeste    78.196    77.769 
   Other    128    129 
     
Total    2.088.067    2.056.557 
 
Advances    (616.658)   (524.149)
     
Total net reimbursements receivable    1.471.409    1.532.408 
 
Ventures under negotiation (*)   830.656    544.642 
     
Total project financing    2.302.065    2.077.050 
     
This excerpt taken from the PBR 6-K filed Aug 13, 2008.

9.2 Reimbursements receivable and ventures under negotiation

The receivable balance, net of advances received, referring to the costs incurred by Petrobras on projects already negotiated with third parties, is classified in the non-current assets, as Project Financings, and is broken down as follows:

    R$ thousand 
   
    Parent Company 
   
Projects    06.30.2008    03.31.2008 
     
   Cabiúnas    752.912    752.912 
   PDET    1.129.396    1.075.784 
   Malhas-Nordeste    96.351    96.351 
   Malhas-Sudeste    77.769    77.480 
   Other    129    129 
     
Total    2.056.557    2.002.656 
 
Advances    (524.149)   (569.256)
     
Total net reimbursements receivable    1.532.408    1.433.400 
 
Ventures under negotiation (*)   544.642    390.125 
     
Total project financings    2.077.050    1.823.525 
     
 
(*) Includes expenses already incurred by Petrobras on projects for which partners have not yet been specified. 

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

8.1. Reimbursements receivable and ventures under negotiation

The receivable balance, net of advances received, referring to the costs incurred by Petrobras on projects already negotiated with third parties, is classified in the non-current assets, as Projects Financings, and is broken down as follows:

 

R$ thousand

 

 

Parent Company

 

Projects/companies

09.30.2007

 

06.30.2007

 

Cayman Cabiunas Investment Co. Ltda.

751.837

 

815.078

 

PDET Offshore S.A.

939.660

 

829.237

 

Other

168.610

 

168.820

 

Total

1.860.107

 

1.813.135

 

 

 

 

 

 

Advances

(595.023)

 

(620.074)

 

Total net reimbursements receivable

1.265.084

 

1.193.061

 

 

 

 

 

 

Ventures under negotiation

84.539

(*)

62.461

(*)

Total projects financings

1.349.623

 

1.255.522

 

(*) Includes expenses already incurred by Petrobras on projects for which partners have not yet been specified.

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

8.1. Reimbursements receivable and ventures under negotiation

The receivable balance, net of the received advances, referring to the costs incurred by Petrobras on projects already negotiated with third parties, has been classified in the non-current assets, as Projects Financings, and is broken down as follows:

 
    Parent Company 
         
Projects/companies    06.30.2007    03.31.2007   
         
Cayman Cabiunas Investment Co. Ltda.    815.078    816.698   
PDET Offshore S.A.    829.237    744.363   
Nova Transportadora do Nordeste S.A. (NTN)   96.410    96.410   
Nova Transportadora do Sudeste S.A. (NTS)   71.300    71.250   
Other    1.110    1.018   
         
Total    1.813.135    1.729.739   
 
Advances    (620.074)   (778.945)  
         
 
Total net of reimbursements receivable    1.193.061    950.794   
 
Ventures under negotiation    62.461  (*) 54.971 (*)
         
 
Total projects financings    1.255.522    1.005.765   
         

(*) Includes expenses already incurred by Petrobras on projects for which partners have not yet been specified.

This excerpt taken from the PBR 6-K filed Jun 8, 2007.

a) Reimbursements receivable and ventures under negotiation

The receivable balance, net of the received advances, referring to the costs incurred by Petrobras on projects already negotiated with third parties, has been classified in the non-current assets, as Projects Financings, and is broken down as follows:

    Parent Company 
   
Projects/companies    03.31.2007    12.31.2006 
     
Cayman Cabiunas Investment Co. Ltda.    816.698    815.849 
PDET Offshore S.A.    744.363    700.164 
Nova Transportadora do Nordeste S.A. (NTN)   96.410    93.680 
Nova Transportadora do Sudeste S.A. (NTS)   71.250    71.250 
EVM Leasing Corporation    890    1.178 
Fundação Petrobras de Seguridade Social (Petros)   80    80 
Companhia de Recuperação Secundária S/A (CRSec)   48    48 
     
Total    1.729.739    1.682.249 
     
 
Advances    (778.945)   (804.081)
     
 
Total net of reimbursements receivable    950.794    878.168 
 
Ventures under negotiation    54.971  (1) 49.662 
     
 
Total projects financings    1.005.765    927.830 
     

(1) Includes expenses already incurred by Petrobras on projects for which partners have not yet been specified.

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