Send us Feedback

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

PBR » Topics » STATEMENT OF CASH FLOW

This excerpt taken from the PBR 6-K filed Aug 13, 2008.

STATEMENT OF CASH FLOW

    R$ thousand 
   
    Consolidated    Parent Company 
     
    06.30.2008    06.30.2007    06.30.2008    06.30.2007 
         
Net Income for the Period    15.708.388    10.931.071    15.116.625    11.187.668 
 
(+) Adjustments    5.951.318    9.947.861    9.836.913    11.055.913 
         
     Depreciation and amortization    5.161.454    5.065.563    3.149.785    2.742.092 
     Petroleum and alcohol accounts    (3.191)   (7.311)   (3.191)   (7.311)
     Operation with supply of petroleum and oil products -                 
           foreign            10.432.215    4.617.160 
     Financial charges, related parties and project financings    (1.176.149)   (1.224.117)   3.807.807    1.433.707 
     Minority interest    677.632    908.463         
     Income from holdings in relevant investments and                 
           Gains/Losses due to changes in shareholdings    131.005    187.295    (2.264.900)   (572.620)
     Net book value of fixed assets written off    451.895    326.045    371.745    30.942 
     Deferred income tax and social contribution    1.058.390    (511.237)   782.117    (505.867)
     Exchange variation on fixed assets    3.727.791    3.879.878         
     Change in inventories    (4.881.139)   (1.024.157)   (4.842.737)   (278.501)
     Change in accounts receivable from third and related                 
           parties    (3.921.443)   1.320.196    (5.100.036)   1.329.241 
     Change in suppliers to third and related parties    2.747.880    273.923    976.033    800.420 
     Change in taxes and contributions    1.602.232    1.097.849    1.120.823    529.750 
     Change in project financings            196.908    27.996 
     Change in pension and healthcare plans    695.564    1.072.143    607.721    969.662 
     Change in other assets and liabilities    (320.603)   (1.416.672)   602.623    (60.758)
         
(=) Cash Generated by Operating Activities    21.659.706    20.878.932    24.953.538    22.243.581 
 
(-) Cash Used in Investment Activities    (21.039.298)   (18.388.763)   (14.232.795)   (10.323.009)
         
     Investment in exploration, production and gas    (10.753.001)   (9.385.821)   (8.107.918)   (6.583.809)
     Investment in refining and transportation    (4.635.049)   (3.520.953)   (3.775.204)   (3.052.106)
     Investment in gas and energy    (2.916.958)   (2.421.151)   (1.396.745)   (829.790)
     Investment in international segment    (2.352.413)   (2.841.645)   (15.590)   (7.965)
     Investment in distribution    (878.861)   (158.538)   (705.811)    
     Other investments    (476.243)   (375.136)   (392.265)   (373.579)
     Marketable securities    720.391    163.989    104.673     
     Dividends received    252.836    150.492    661.097    753.430 
     Ventures under negotiation            (605.032)   (229.190)
         
(=) Net Cash Flow    620.408    2.490.169    10.720.743    11.920.572 
(-) Cash Used in Financing Activities    (2.645.009)   (12.465.332)   (1.210.697)   (20.632.916)
         
     Intercompany loans and financing activities, net    3.539.849    (4.993.642)   (7.746.043)   (13.161.226)
     Investment Fund in Non-standard Credit Rights            12.720.204     
     Dividends paid to shareholders    (6.184.858)   (7.471.690)   (6.184.858)   (7.471.690)
         
(=) Cash Generated (Used) in the Period    (2.024.601)   (9.975.163)   9.510.046    (8.712.344)
At Beginning of the Period    13.070.849    27.829.105    7.847.949    20.098.892 
At End of the Period    11.046.248    17.853.942    17.357.995    11.386.548 

This excerpt taken from the PBR 6-K filed Mar 4, 2008.

1.2 Statement of cash flow

The Statement of Cash Flow has been prepared in accordance with NPC 20 - Statement of Cash Flows, issued by IBRACON (Brazilian Institute of Independent Auditors).

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

STATEMENT OF CASH FLOW

    R$ THOUSAND 
           
 
    CONSOLIDATED    PARENT COMPANY 
     
 
    09.30.2007    09.30.2006    09.30.2007    09.30.2006 
         
Net Income for the Period    16.459.253    20.719.061    16.859.895    20.825.918 
         
 
(+) Adjustments    11.098.050    10.161.635    10.226.622    6.511.015 
         
Depreciation and amortization    7.854.179    7.058.821    4.121.573    3.572.690 
Petroleum and alcohol accounts    (10.399)   (12.602)   (10.399)   (12.602)
Operation with supply of petroleum and oil products –                 
foreign            3.225.414    3.551.594 
Financial charges, related parties and                 
projects financings    (1.574.928)   337.007    3.051.342    404.268 
Minority interest    1.454.967    1.250.876         
Equity pickup    389.850    253.270    (306.104)   (578.944)
Net book value of fixed assets written off    481.931    1.180.483    42.758    182.721 
Deferred income tax and social contribution    501.883    (541.146)   444.455    (98.279)
Exchange variation on fixed assets    5.477.314    2.570.590         
Change in inventories    (1.342.052)   (2.984.967)   (847.530)   (3.169.502)
Change in accounts receivable from third and related                 
parties    1.289.093    (404.643)   238.951    592.892 
Change in marketable securities    (2.983.976)   555.641    (3.104.141)   (399)
Change in suppliers to third and related parties    (143.473)   1.935.730    1.822.731    (599.497)
Change in taxes and contributions    206.098    655.922    (315.946)   361.137 
Change in projects financings            139.158    (130.481)
Change in pension and healthcare plans    2.238.423    1.829.679    2.064.657    1.694.922 
Change in other assets and liabilities    (2.740.860)   (3.523.026)   (340.297)   740.495 
         
(=) Cash Generated by Operating Activities    27.557.303    30.880.696    27.086.517    27.336.933 
 
(-) Cash Used in Investment Activities    (28.332.654)   (20.997.819)   (16.728.886)   (12.201.962)
         
Investment in exploration, production and gas    (15.057.481)   (12.113.926)   (10.541.133)   (8.568.382)
Investment in refining and transportation    (5.236.233)   (2.904.218)   (4.731.247)   (2.214.806)
Investment in gas and energy    (3.184.553)   (1.094.611)   (1.357.630)   (1.126.097)
Investment in distribution    (356.261)   (400.942)        
Investment in international segment    (3.911.196)   (3.737.129)   (22.390)   (9.622)
Other investments    (670.081)   (824.672)   (504.282)   (581.493)
Dividends received    83.151    77.679    832.271    922.354 
Ventures under negotiation            (404.475)   (623.916)
         
(=) Net Cash Flow    (775.351)   9.882.877    10.357.631    15.134.971 
(-) Cash Used in Financing Activities    (12.837.328)   (8.781.263)   (23.266.165)   (15.065.047)
Intercompany loans and financing activities, net    (5.364.543)   (2.031.155)   (15.793.380)   (8.314.939)
         
Dividends paid to shareholders    (7.472.785)   (6.750.108)   (7.472.785)   (6.750.108)
         
(=) Cash Generated (Used) in the Period    (13.612.679)   1.101.614    (12.908.534)   69.924 
         
At Beginning of the Period    27.829.105    23.417.040    20.098.892    17.481.555 
At End of the Period    14.216.426    24.518.654    7.190.358    17.551.479 

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

STATEMENT OF CASH FLOW

    R$ THOUSAND 
   
    CONSOLIDATED    PARENT COMPANY 
     
 
    06.30.2007    06.30.2006    06.30.2007    06.30.2006 
         
Net Income for the Period    10.931.071    13.634.450    11.187.668    14.013.742 
(+) Adjustments    10.111.851    7.041.282    11.055.913    2.920.407 
         
Goodwill/Discount - amortization    5.065.563    4.450.030    2.742.092    2.215.715 
Petroleum and alcohol accounts    (7.311)   (7.031)   (7.311)   (7.031)
Operation with supply of petroleum and oil products -                 
foreign            4.617.160    2.884.584 
Financial charges, related parties and                 
projects financings    (1.224.117)   (424.165)   1.433.707    900.987 
Minority interest    908.463    951.465         
Gain (loss) from changes in equity pickup            (13.305)   (64.987)
Equity pickup    187.295    308.567    (559.315)   (1.056.001)
Net book value of fixed assets written off    326.045    1.044.020    30.942    105.652 
Deferred income tax and social contribution, net    (511.237)   600.201    (505.867)   927.425 
Exchange variation on fixed assets    3.879.878    2.764.150         
Change in inventories    (1.024.157)   (3.709.609)   (278.501)   (3.437.839)
Change in accounts receivable from third and related                 
parties    1.320.196    1.592.723    1.329.241    1.359.088 
Change in suppliers to third and related parties    273.923    1.366.615    800.420    (1.959.489)
Change in taxes and contributions    1.097.849    (457.435)   529.750    530.358 
Change in projects financings            27.996    (1.274.570)
Change in pension and healthcare plans    1.072.142    1.225.958    969.662    1.136.556 
Change in other assets and liabilities    (1.252.681)   (2.664.206)   (60.758)   659.959 
         
 
(=) Cash Generated by Operating Activities    21.042.922    20.675.732    22.243.581    16.934.149 
 
(-) Cash Used in Investment Activities    (18.552.753)   (12.660.484)   (10.323.009)   (7.932.683)
         
Investment in exploration, production and gas    (9.385.821)   (7.771.308)   (6.583.809)   (5.731.710)
Investment in refining and transportation    (3.520.953)   (1.642.346)   (3.052.106)   (1.296.288)
Investment in gas and energy    (2.421.151)   (624.562)   (829.790)   (947.022)
Investment in distribution    (158.538)   (264.349)        
Investment in international segment    (2.841.645)   (1.925.341)   (7.965)   (6.269)
Other investments    (375.137)   (485.779)   (373.579)   (424.621)
Dividends received    150.492    53.201    753.430    836.053 
Ventures under negociation            (229.190)   (362.826)
         
 
(=) Net Cash Flow    2.490.169    8.015.248    11.920.572    9.001.466 
 
(-) Cash Used in Financing Activities    (12.465.332)   (8.719.205)   (20.632.916)   (10.218.579)
         
 
         
(=) Cash Generated (Used) in the Period    (9.975.163)   (703.957)   (8.712.344)   (1.217.113)
         
 
At Beginning of the Period    27.829.105    23.417.040    20.098.892    17.481.555 
 
At End of the Period    17.853.942    22.713.083    11.386.548    16.264.442 

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

STATEMENT OF CASH FLOW

   
R$ thousand 
   
   
Consolidated 
  
Parent Company 
     
   
03.31.2007 
  
03.31.2006 
  
03.31.2007 
  
03.31.2006 
         
Net Income for the Period    4.130.719    6.674.991    4.336.320    6.913.765 
 
(+) Adjustments    3.368.698    3.486.801    3.384.269    1.919.159 
Goodwill/Discount - amortization    2.411.399    2.102.633    1.260.089    942.823 
Petroleum and alcohol accounts    (3.487)   (4.095)   (3.487)   (4.095)
Operation with supply of petroleum and oil products -                 
foreign            159.448    1.206.383 
Financial charges, related parties and projects financings    (676.198)   (1.078.422)   784.326    1.055.239 
Minority interest    476.122    504.073         
Equity pickup    84.130    426.303    (52.150)   (343.378)
Exchange variation on fixed assets    1.749.457    2.574.697         
Net book value of permanent assets written off    30.178    386.183    11.731    2.884 
Deferred income tax and social contribution, net    105.886    774.629    35.641    869.821 
Change in inventories    875.622    (1.706.595)   698.761    (2.122.933)
Change in accounts receivable from third and related                 
parties    79.366    (1.235.019)   (785.191)   106.049 
Change in suppliers to third and related parties    (1.895.367)   1.289.912    187.803    (764.871)
Change in taxes and contributions    1.291.967    (12.859)   405.416    1.156.599 
Change in projects financings            27.471    (1.349.831)
Change in pension and health care plans    548.319    603.543    491.836    558.738 
Change in other assets and liabilities    (1.714.696)   (1.138.182)   162.575    605.731 
(=) Cash Generated by Operating Activities    7.493.417    10.161.792    7.720.589    8.832.924 
 
(-) Cash Used in Investment Activities    (7.951.432)   (6.019.692)   (4.634.628)   (3.840.747)
Investment in exploration and production    (4.364.259)   (3.883.795)   (3.111.983)   (2.946.778)
Investment in refining and transportation    (1.101.743)   (727.788)   (1.015.816)   (545.377)
Investment in gas and energy    (704.376)   (282.516)   (298.021)   (135.681)
Investment in distribution    (104.396)   (137.988)        
Investment in international segment    (1.525.699)   (655.700)   (4.076)   (2.001)
Other investments    (236.793)   (353.017)   (146.768)   (228.939)
Dividends received    85.834    21.112    36.420    171.185 
Ventures under negociation            (94.384)   (153.156)
 
(=) Net Cash Flow    (458.015)   4.142.100    3.085.961    4.992.177 
 
(-) Cash Used in Financing Activities    (6.908.395)   (4.575.823)   (10.045.879)   (4.575.638)
 
(=) Cash Generated (Used) in the Period    (7.366.410)   (433.723)   (6.959.918)   416.539 
 
At Beginning of the Period    27.829.105    23.417.040    20.098.892    17.481.555 
 
At End of the Period    20.462.695    22.983.317    13.138.974    17.898.094 

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

STATEMENT OF CASH FLOW

    R$ Thousand 
   
    CONSOLIDATED    PARENT COMPANY 
     
    JAN-SEP/2006    JAN-SEP/2005    JAN-SEP/2006    JAN-SEP/2005 
         
Results for the period    20.719.060    15.582.845    20.825.918    15.484.682 
(+) Adjustments    10.999.366    13.115.444    6.511.015    3.977.411 
         
Depreciation, amortization    7.058.821    5.764.360    3.572.690    2.747.340 
Petroleum and alcohol accounts    (12.602)   (15.920)   (12.602)   (15.920)
Operation with supply of petroleum and oil                 
products - foreign            3.551.594    93.219 
Financing charges, related companies and                 
structured projects (Project Finance)   337.007    (3.198.802)   404.268    861.366 
Minority interests    1.250.876    1.786.122         
Result of participations in significant    253.270    541.718    (578.944)   (1.089.511)
Foreign t exchange t variation on permanent                 
assets            (65.387)    
Exchange variation on permanent assets    2.570.590    5.778.134         
Residual value of permanent assets                 
disposed of permanent assets    1.180.483    1.933.758    182.721    342.805 
Deferred income and social contribution    (541.146)   1.153.758    (98.279)   1.058.567 
t Inventories variation    (2.984.967)   (551.133)   (3.169.502)   (446.472)
Variation of accounts receivable from third                 
parties and related companies    (404.643)   (1.681.382)   592.892    (1.814.010)
Suppliers variation    1.935.730    462.922    (599.497)   (341.361)
Taxes and contributions variation    655.922    1.325.986    361.137    485.793 
Variation of structured projects            (130.481)   506.867 
Variation of pension and health care plan    1.829.678    2.023.226    1.694.922    1.900.103 
Variation of other assets and liabilities    (2.129.653)   (2.207.315)   805.483    (311.105)
Effect in cash and cash equivalents resulting                 
from merger of subsidiaries and affiliated                 
companies        12         
         
 
(=) Cash from Operating Activities    31.718.426    28.082.289    27.336.933    19.462.093 
 
(-) Cash used in Investment Activities    (20.997.819)   (16.001.387)   (12.201.962)   (9.885.720)
         
Investments in exploration and production    (14.297.675)   (11.348.694)   (8.568.382)   (6.946.567)
Investment in refining and transportation    (3.949.102)   (2.384.275)   (2.214.806)   (1.735.151)
Investment in gas and energy    (1.153.708)   (1.201.299)   (1.126.097)   (1.333.201)
Other investments    (1.675.013)   (1.138.387)   (591.115)   (28.136)
Dividends received    77.679    71.268    922.354    531.224 
Ventures under negotiation            (623.916)   (373.889)
         
 
(=) Net cash flow    10.720.607    12.696.902    15.134.971    9.576.093 
 
(-) Cash used in financing activities    (9.618.993)   (11.473.485)   (15.065.047)   (6.010.165)
 
         
(=) Cash generated (used) in the period    1.101.615    1.233.417    69.924    3.566.208 
         
 
Cash at the beginning of the period    23.417.040    19.986.849    17.481.555    11.580.288 
 
Cash at the end of the period    24.518.654    21.210.266    17.551.479    15.146.496 
         

125

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

STATEMENT OF CASH FLOW

    R$ Thousand 
   
    CONSOLIDATED    PARENT COMPANY 
     
    JAN-JUN/2006    JAN-JUN/2005    JAN-JUN/2006    JAN-JUN/2005 
         
Results for the period    13.634.449    9.951.066    14.013.742    9.806.454 
 
(+) Adjustments    7.875.031    4.779.463    2.920.407    (272.267)
         
Depreciation, amortization    4.447.983    3.906.479    2.215.714    1.816.867 
Petroleum and alcohol accounts    (7.031)   (9.080)   (7.031)   (9.080)
Operation with supply of petroleum and oil                 
products - foreign            2.884.584    (1.025.753)
Financing charges, related companies and                 
 structured projects (Project Finance)   (424.165)   (2.967.783)   900.987    166.528 
Minority interests    951.465    1.227.868         
Result of participations in significant investments    308.567    283.466    (1.056.001)   (1.003.266)
Foreign exchange variation on permanent                 
assets            (64.987)    
Exchange variance on permanent assets    2.764.150    3.964.771         
Residual value of permanent assets disposed of                 
permanent assets    1.044.020    745.522    105.652    119.287 
Deferred income and social contribution taxes    600.201    967.062    927.425    946.856 
Inventories variation    (3.709.609)   43.441    (3.437.839)   554.307 
Variation of accounts receivable from third                 
parties and related companies    1.592.723    356.940    1.359.088    (1.191.374)
Suppliers variation    1.366.615    (1.254.928)   (1.959.489)   (1.114.803)
Taxes and contributions variation    (457.435)   (1.175.863)   530.358    (80.801)
Variation of structured projects            (1.274.570)   302.690 
Variation of pension and health care plan    1.225.958    1.360.510    1.136.556    1.279.381 
Variation of other assets and liabilities    (1.828.411)   (2.668.954)   659.960    (1.033.106)
Effect in cash and cash equivalents resulting                 
from merger of subsidiaries and affiliated                 
companies        12         
         
 
(=) Cash from Operating Activities    21.509.480    14.730.529    16.934.149    9.534.187 
 
(-) Cash used in Investment Activities    (12.660.484)   (11.060.870)   (7.932.683)   (6.550.776)
         
Investments in exploration and production    (9.157.340)   (7.986.153)   (5.731.710)   (4.404.142)
Investment in refining and transportation    (1.714.916)   (1.609.565)   (1.296.288)   (1.069.025)
Investment in gas and energy    (657.983)   (701.313)   (947.022)   (839.596)
Other investments    (1.183.446)   (805.107)   (430.890)   (254.353)
Structured Projects (Project Finance)                
Dividends received    53.201    41.268    836.053    297.168 
Ventures under negotiation            (362.826)   (280.828)
         
(=) Net cash flow    8.848.996    3.669.659    9.001.466    2.983.411 
 
(-) Cash used in financing activities    (9.552.953)   (6.461.552)   (10.218.579)   (3.068.643)
         
(=) Cash generated (used) in the period    (703.957)   (2.791.893)   (1.217.113)   (85.232)
         
 
 
Cash at the beginning of the period    23.417.040    19.986.849    17.481.555    11.580.288 
 
Cash at the end of the period    22.713.083    17.194.956    16.264.442    11.495.056 
         

94

This excerpt taken from the PBR 6-K filed Jun 26, 2006.

STATEMENT OF CASH FLOW

        R$ Thousand 
     
        CONSOLIDATED    PARENT COMPANY 
       
        03.31.2006    03.31.2005    03.31.2006    03.31.2005 
           
 
Results for the period    6.674.991    5.021.308    6.913.765    5.107.321 
(+) Adjustments    3.468.595    (808.287)   1.919.159    631.571 
         
Depreciation, amortization    2.102.633    1.673.288    942.823    902.207 
Petroleum and alcohol accounts    (4.095)   (3.572)   (4.095)   (3.572)
Operation with supply of petroleum and oil
products - foreign 		           1.206.383    1.429.922 
Financing charges, related companies and   
structured projects (Project Finance)		   (1.078.422)   259.680    1.055.239    (501.187)
Minority interests    504.073    (16.573)        
Result of participations in significant investments    426.303    (201.365)   (343.378)   (916.007)
Foreign exchange variation on permanent 
assets 		   2.574.697    (303.518)        
Residual value of permanent assets disposed of 
permanent assets 		   386.183    222.450    2.884    (150)
Deferred income and social contribution taxes    774.629    535.530    869.821    538.133 
Inventories variation    (1.706.595)   238.582    (2.145.670)   437.508 
Variation of accounts receivable from third
parties and related companies 		   (1.235.019)   1.027.321    106.049    (56.779)
Suppliers variation    1.289.912    (2.009.087)   (764.871)   (2.218.231)
Taxes and contributions variation    (12.859)   292.440    1.156.599    604.891 
Variation of structured projects            (1.349.831)   170.282 
Variation of pension and health care plan    603.543    656.396    558.738    622.239 
Variation of other assets and liabilities    (1.156.388)   (3.179.871)   628.468    (377.685)
Effect in cash and cash equivalents resulting
from merger of subsidiaries and affiliated
companies 		       12         
           
 
(=) Cash from Operating Activities    10.143.586    4.213.021    8.832.924    5.738.892 
 
(-) Cash used in Investment Activities    (6.019.692)   (4.775.983)   (3.840.747)   (3.223.715)
         
Investments in exploration and production    (4.419.068)   (3.296.305)   (2.946.778)   (2.162.857)
Investment in refining and transportation    (754.626)   (829.201)   (545.377)   (593.680)
Investment in gas and energy    (296.959)   (317.246)   (135.681)   (412.504)
Other investments    (570.151)       (230.940)   (42.513)
Structured Projects (Project Finance)                
Dividends received    21.112    8.550    171.185    82.588 
Ventures under negotiation        (341.781)   (153.156)   (94.749)
         
 
(=) Net cash flow    4.123.894    (562.962)   4.992.178    2.515.177 
 
(-) Cash used in financing activities    (4.557.617)   (1.795.541)   (4.575.638)   (4.075.859)
 
         
(=) Cash generated (used) in the period    (433.723)   (2.358.503)   416.539    (1.560.682)
         
 
Cash at the beginning of the period    23.417.040    19.986.848    17.481.555    11.580.288 
 
Cash at the end of the period    22.983.317    17.628.345    17.898.094    10.019.606 
         

123

EXCERPTS ON THIS PAGE:

6-K
Aug 13, 2008
6-K
Mar 4, 2008
6-K
Nov 21, 2007
6-K
Aug 21, 2007
6-K
Jun 8, 2007
6-K
Nov 17, 2006
6-K
Aug 25, 2006
6-K
Jun 26, 2006

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