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PBR » Topics » Statement of Added Value - Consolidated

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

Statement of Added Value – Consolidated

    R$ million
    1st Half 
    2009   2008
Revenue         
Sale of products and services*    111,587    129,058 
Assets construction    24,809    17,296 
     
    136,396    146,354 
     
Materials acquisitions from third parties         
Raw Materials Used    (16,117)   (20,649)
Products for Resale    (10,564)   (20,175)
Energy, Services & Other    (30,587)   (20,235)
Fiscal Credit over raw materials from third parties    (7,660)   (9,703)
Losses on recovery of assets    (138)   20 
     
    (65,066)   (70,742) 
     
Gross Added Value    71,330    75,612 
     
 
Retentions         
Depreciation & Amortization    (6,820)   (5,281)
     
Net Added Value produced by company    64,510    70,331 
     
 
Added Value Received in Transference         
Equity Income Result    4    693 
Financial Revenue - including monetary and exchange variation    1,684    1,317 
Goodwill & discount amortization    (2)   (153)
Rent and Royalties and other    616    722 
     
    2,302    2,579 
     
Added Value to Distribute    66,812    72,910 
     
 
Distribution of Added Value         
 
Personnel and administratives         
Salaries         
Salaries    5,476    4,461 
Benefits         
Advantages    375    312 
Health, Retirement and Pension Plan    1,240    1,304 
FGTS    321    276 
     
    7,412    6,353 
     
Tax         
Federal Government    21,075    29,144 
States    12,020    10,897 
Municipal    101    80 
Foreign states    2,388    2,334 
     
    35,584    42,455 
     
Financial Institutions and Suppliers         
Interest, FX Rate and Monetary Variation    5,258    3,764 
Rent and freight expenses    2,788    2,932 
     
    8,046    6,696 
     
Shareholders         
Interest on Own Capital    2,632    - 
Minority Interest    2,219    451 
Retained Earnings    10,919    16,955 
     
    15,770    17,406 
     
Distributed Added Value    66,812    72,910 
     
* Net of Provisions for Doubtful Debts.         

Certain figures relating to previous periods have been reclassified to bring them into line with the current financial statements, thereby facilitating comparisons.

29

PETROBRAS   Financial Statements   
1 
 

This excerpt taken from the PBR 6-K filed Aug 17, 2009.

Statement of Added Value – Consolidated

    R$ million
    1st Half 
    2009   2008
Revenue         
Sale of products and services*    111,587    129,058 
Assets construction    24,809    17,296 
     
    136,396    146,354 
     
Materials acquisitions from third parties         
Raw Materials Used    (16,117)   (20,649)
Products for Resale    (10,564)   20,175 
Energy, Services & Other    (30,587)   20,235 
Tax    (7,660)   (9,703)
Losses on recovery of assets    (138)   20 
     
    (65,066)   70,742 
     
Gross Added Value    71,330    75,612 
     
 
Retentions         
Depreciation & Amortization    (6,820)   (5,281)
     
Net Added Value produced by company    64,510    70,331 
     
 
Added Value Received         
Equity Income Result    4    693 
Financial Revenue - including monetary and exchange variation    1,684    1,317 
Goodwill & discount amortization    (2)   (153)
Rent and Royalties and other    616    722 
     
    2,302    2,579 
     
Added Value to Distribute    66,812    72,910 
     
 
Distribution of Added Value         
 
Personnel and administratives         
Salaries         
Salaries    5,476    4,461 
Benefits         
Advantages    375    312 
Health, Retirement and Pension Plan    1,240    1,304 
FGTS    321    276 
     
    7,412    6,353 
     
Tax         
Federal Government    21,075    29,144 
States    12,020    10,897 
Municipal    101    80 
Foreign states    2,388    2,334 
     
    35,584    42,455 
     
Financial Institutions and Suppliers         
Interest, FX Rate and Monetary Variation    5,258    3,764 
Rent and freight expenses    2,788    2,932 
     
    8,046    6,696 
     
Shareholders         
Interest on Own Capital    2,632    - 
Minority Interest    2,219    451 
Retained Earnings    10,919    16,955 
     
    15,770    17,406 
     
Distributed Added Value    66,812    72,910 
     
* Net of Provisions for Doubtful Debts.         

Certain figures relating to previous periods have been reclassified to bring them into line with the current financial statements, thereby facilitating comparisons.

29

PETROBRAS   Financial Statements   
1 
 

This excerpt taken from the PBR 6-K filed Mar 24, 2009.

Statement of Added Value – Consolidated

    R$ million 
    Fiscal Year 
    2008 after 
Law 11.638 		   2007 
Revenue         
Sale of products and services*    268,769    220,050 
Assets construction    47,164    26,057 
     
    315,933    246,107 
     
Materials acquisitions from third parties         
Raw Materials Used    (47,891)   (33,098)
Products for Resale    (53,990)   (29,888)
Materials, Energy, Services & Other    (52,591)   (42,840)
Tax    (9,602)   (3,985)
Losses on recovery of assets    (2,658)   (481)
     
    (166,732)   (110,292)
     
Gross Added Value    149,201    135,815 
     
 
 
Depreciation & Amortization    (11,632)   (10,696)
     
Net Added Value produced by company    137,569    125,119 
     
 
Added Value Received         
Equity Income Result    (116)   (367)
Financial Revenue - including monetary and exchange variation    3,494    2,418 
Goodwill & discount amortization    (758)   (98)
Rent and Royalties and other    1,294    562 
     
    3,914    2,515 
     
Added Value to Distribute    141,483    127,634 
     
 
Distribution of Added Value         
 
Personnel and administratives         
Salaries/ Sharing Profit         
Salaries    9,104    7,041 
Employees Sharing Profit    1,345    1,012 
Benefits         
Advantages    835    786 
Health, Retirement and Pension Plan    2,642    4,817 
FGTS    601    507 
     
    14,527    14,163 
     
Tax         
Federal Government    57,457    46,509 
States    22,339    22,993 
Municipal    148    115 
Foreign states    5,169    4,302 
     
    85,113    73,919 
     
Financial Institutions and Suppliers         
Interest, FX Rate and Monetary Variation    1,891    7,386 
Rent and freight expenses    9,054    8,911 
     
    10,945    16,297 
     
Shareholders         
Interest on Own Capital    7,019    6,361 
Dividends    2,895    219 
Minority Interest    (2,090)   1,743 
Retained Earnings  23,073    14,932 
    30,898    23,255 
     
Distributed Added Value    141,483    127,634 
     

* Net of Provisions for Doubtful Debts.

29

PETROBRAS SYSTEM    Financial Statements   
1 
 

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

Statement of Added Value – Consolidated

    R$ million 
    Fiscal Year 
    2008 after 
Law 11.638 		   2007 
Revenue         
Sale of products and services*    268,769    220,050 
Assets construction    47,164    26,057 
     
    315,933    246,107 
     
Materials acquisitions from third parties         
Raw Materials Used    (47,891)   (33,098)
Products for Resale    (53,990)   (29,888)
Materials, Energy, Services & Other    (52,591)   (42,840)
Tax    (9,602)   (3,985)
Losses on recovery of assets    (2,658)   (481)
     
    (166,732)   (110,292)
     
Gross Added Value    149,201    135,815 
     
 
 
Depreciation & Amortization    (11,632)   (10,696)
     
Net Added Value produced by company    137,569    125,119 
     
 
Added Value Received         
Equity Income Result    (116)   (367)
Financial Revenue - including monetary and exchange variation    3,494    2,418 
Goodwill & discount amortization    (758)   (98)
Rent and Royalties and other    1,294    562 
     
    3,914    2,515 
     
Added Value to Distribute    141,483    127,634 
     
 
Distribution of Added Value         
 
Personnel and administratives         
Salaries/ Sharing Profit         
Salaries    9,104    7,041 
Employees Sharing Profit    1,345    1,012 
Benefits         
Advantages    835    786 
Health, Retirement and Pension Plan    2,642    4,817 
FGTS    601    507 
     
    14,527    14,163 
     
Tax         
Federal Government    57,457    46,509 
States    22,339    22,993 
Municipal    148    115 
Foreign states    5,169    4,302 
     
    85,113    73,919 
     
Financial Institutions and Suppliers         
Interest, FX Rate and Monetary Variation    1,891    7,386 
Rent and freight expenses    9,054    8,911 
     
    10,945    16,297 
     
Shareholders         
Interest on Own Capital    7,019    6,581 
Minority Interest    (2,090)   1,743 
Retained Earnings    25,969    14,931 
     
    30,898    23,255 
     
Distributed Added Value    141,483    127,634 
     

* Net of Provisions for Doubtful Debts.

29

PETROBRAS SYSTEM    Financial Statements   
1 
 

This excerpt taken from the PBR 6-K filed Nov 17, 2008.

Statement of Added Value – Consolidated

    R$ million 
    Jan-Sep 
    2008    2007 
Description         
Sales of Products and Services and Non-Operating Incomes*    209,154    161,768 
Raw Materials Used    (29,115)   (19,575)
Products for Resale    (48,501)   (27,050)
Materials, Energy, Services & Other    (16,350)   (18,616)
     
Added Value Generated    115,188    96,527 
 
Depreciation & Amortization    (8,260)   (7,854)
Participation in Equity Income, Goodwill & Negative Goodwill    7    (390)
Financial Revenue    4,618    1,690 
Rent and Royalties    474    385 
     
Total Distributable Added Value    112,027    90,358 
     
 
Distribution of Added Value         
Personnel         
Salaries, Benefits and Charges    9,418    10,020 
     
    9,418    10,020 
     
Government Entities         
Taxes, Fees and Contributions    48,091    41,148 
Government Take    18,304    11,192 
     
 
    66,395    52,340 
     
Financial Institutions and Suppliers         
Interest, FX Rate and Monetary Changes    3,976    4,773 
Rent and Freight Expenses    5,961    5,311 
     
    9,937    10,084 
     
 
Shareholders         
     Minority Interest    (283)   1,455 
     Dividends/Interest on Own Capital    -    4,387 
     Retained Earnings    26,560    12,072 
     
    26,277    17,914 
     
Distributed Added Value    112,027    90,358 
     

* Net of Provisions for Doubtful Debts.

27

PETROBRAS SYSTEM  Financial Statements 
     

This excerpt taken from the PBR 6-K filed Mar 12, 2007.

Statement of Added Value – Consolidated

    R$ million 
    Fiscal Year 
    2006    2005 
Description         
Sales of Products and Services and Non-Operating Revenues*    206.285    179.391 
Raw Materials Used    (10.018)   (4.004)
Products for Resale    (45.862)   (36.104)
Materials, Energy, Services & Other   (22.597)   (23.594)
     
Added Value Generated    127.808    115.689 
 
Depreciation & Amortization    (9.823)   (8.035)
Participation in Related Companies, Goodwill & Negative Goodwill    (233)   (250)
Financial Result    2.388    239 
Rent and Royalties    555    598 
     
Total Distributable Added Value    120.695    108.241 
     
 
Distribution of Added Value         
Personnel         
Salaries, Benefits and Charges    10.395    9.643 
     
    10.395    9.643 
     
Government Entities         
Taxes, Fees and Contributions    54.730    49.336 
Government Take    17.311    14.474 
     
    72.041    63.810 
     
Financial Institutions and Suppliers         
Interest, FX Rate and Monetary Changes    3.720    4.915 
Rent and Freight Expenses    7.164    5.158 
     
    10.884    10.073 
     
     Minority Interest    1.593    1.023 
Shareholders         
     Dividens/Interest on Own Capital    7.897    7.018 
     Retained Earnings    17.885    16.674 
     
    25.782    23.692 
     
    27.375    24.715 
     
Distributed Added Value   120.695    108.241 
     

* Liquid Reserves for Doubtful Loans.

Some values related to prior periods have been reclassified with the goal of aligning the financial statements and allowing comparisons.

23

EXCERPTS ON THIS PAGE:

6-K
Sep 9, 2009
6-K
Aug 17, 2009
6-K
Mar 24, 2009
6-K
Mar 9, 2009
6-K
Nov 17, 2008
6-K
Mar 12, 2007

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