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PBR » Topics » 5.5 Transactions with government entities and pension funds

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

5.5 Transactions with government entities and pension funds

The Company is controlled by the Federal Government and carries out various transactions with government entities in the normal course of its operations.

Significant transactions with government entities and a pension fund resulted in the following balances:

    R$ thousand 
     
    Consolidated 
     
    09.30.2009    06.30.2009 
     
    Assets    Liabilities    Assets    Liabilities 
         
Petros (Pension fund)   11.608    325.120    -    321.657 
Banco do Brasil S.A.    1.544.929    7.340.737    1.867.044    5.391.848 
BNDES    650    33.918.809    -    10.387.333 
Caixa Econômica Federal    509    3.615.236    337    3.614.100 
Federal government - Proposed dividends and interest on shareholders' capital             -    1.139.775    -    1.949.844 
Deposits tied to legal proceedings (CEF and BB)   1.537.097    60.814    2.019.940    89.401 
Petroleum and alcohol account - Federal government credits    816.714    -    815.172    - 
Government bonds    9.684.956    -    4.551.985    - 
National Agency for Petroleum, National Gas and Bio fuels             -    2.048.310         
Other    548.801    524.310    571.649    314.316 
         
    14.145.264    48.973.111    9.826.127    22.068.499 
         
 
Current    6.973.913    6.665.432    2.437.312    5.575.457 
Non-current    7.171.351    42.307.679    7.388.815    16.493.042 

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

5.5 Transactions with government entities and pension funds

The Company is controlled by the Federal Government and carries out various transactions with government entities in the normal course of its operations.

Significant transactions with government entities and a pension fund resulted in the following balances:

    R$ thousand 
   
    Consolidated 
   
    06.30.2009    03.31.2009 
     
    Assets    Liabilities    Assets    Liabilities 
         
Petros (Pension fund)   0    321.657    0    297.839 
Banco do Brasil S.A.    1.867.044    5.391.848    1.376.303    6.130.780 
BNDES    -    10.387.333    -    10.788.448 
Caixa Econômica Federal    337    3.614.100    416    3.615.883 
Federal government - Proposed dividends    -    1.949.844    -    3.286.631 
Deposits tied to legal proceedings (CEF and BB)   2.019.940    89.401    1.626.134    85.873 
Petroleum and alcohol account - Federal government credits    815.172    0    813.257    0 
Government bonds    4.551.985    0    7.783.284    0 
Other    571.649    314.316    605.709    383.806 
         
    9.826.127    22.068.499    12.205.103    24.589.260 
         
 
Current    2.437.312    5.575.457    5.439.487    7.918.194 
Non-current    7.388.815    16.493.042    6.765.616    16.671.066 

This excerpt taken from the PBR 6-K filed Jun 8, 2009.

5.5 Transactions with government entities and pension funds

The Company is controlled by the Federal Government and carries out various transactions with government entities in the normal course of its operations.

Significant transactions with government entities and pension fund resulted in the following balances:

    R$ thousand 
   
    Consolidated 
   
    03.31.2009    12.31.2008 
     
    Assets    Liabilities    Assets    Liabilities 
         
Petros (Pension fund)       297.839        479.581 
Banco do Brasil S.A.    1.376.303    6.130.780    750.798    5.100.281 
BNDES        10.788.448        10.726.041 
Caixa Econômica Federal    416    3.615.883    1.669    3.617.670 
Federal government - Proposed dividends        3.286.631        3.193.964 
Deposits tied to legal proceedings (CEF and BB)   1.626.134    85.873    1.581.541    82.489 
Petroleum and alcohol account - Federal government credits    813.257        809.673     
Government bonds    7.783.284        7.412.913     
Others    605.709    383.806    730.158    589.065 
         
    12.205.103    24.589.260    11.286.752    23.789.091 
         
 
Current    5.439.487    7.918.194    4.782.062    7.366.018 
Non-current    6.765.616    16.671.066    6.504.690    16.423.073 

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

7.5 Transactions with government entities and pension funds

The Company is controlled by the Federal Government and carries out various transactions with government entities in the normal course of its operations.

Significant transactions with government entities and a pension fund resulted in the following balances:

    Consolidated 
   
    2008    2007 
     
    Assets    Liabilities    Assets    Liabilities 
         
Petros (Pension fund)       479.581    1.296.810    411.759 
Banco do Brasil S.A.    750.798    5.100.281    2.812.802    601.042 
BNDES        10.726.041        6.731.721 
Caixa Econômica Federal    1.669    3.617.670         
Federal government - Proposed dividends        3.193.964        2.119.887 
Deposits in court (CEF and BB)   1.581.541    82.489    1.529.964    155.475 
Petroleum and alcohol Account - Federal government credits    809.673        797.851     
Government bonds    7.412.913        3.675.246     
Other    730.158    589.065    889.799    704.101 
         
    11.286.752    23.789.091    11.002.472    10.723.985 
         
 
Current    4.782.062    7.366.018    3.556.208    4.960.750 
Non-current    6.504.690    16.423.073    7.446.264    5.763.235 

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Table of Contents


The balances are classified in the Balance Sheet as follows:

    Consolidated 
   
    2008    2007 
     
    Assets    Liabilities    Assets    Liabilities 
         
Assets                 
Current    4.782.062        3.556.208     
         
   Cash and cash equivalents    4.168.488        3.045.885     
   Trade accounts receivable, net    62.305        261.194     
   Other current assets    551.269        249.129     
 
Non-current    6.504.690        7.446.264     
         
   Petroleum and alcohol account – STN    809.673        797.851     
   Deposits in court    1.580.435        1.529.964     
   Advance for pension plan            1.296.810     
   Marketable securities    3.941.889        3.392.129     
   Other long-term assets realized    172.693        429.510     
 
 
Liabilities                 
Current        7.366.018        4.960.750 
         
     Financing        2.617.666        1.888.573 
     Proposed dividends        3.949.365        2.119.887 
     Other current liabilities        798.987        952.290 
 
Non-current        16.423.073        5.763.235 
         
     Financing        16.278.387        5.553.025 
     Other non-current liabilities        144.686        210.210 
         
    11.286.752    23.789.091    11.002.472    10.723.985 
         

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

5.4 Transactions with government entities and pension funds

The Company is controlled by the Federal Government and carries out various transactions with government entities in the normal course of its operations.

Significant transactions with government entities and the pension fund resulted in the following balances:

    R$ thousand
       
    Consolidated
       
    09.30.2008   06.30.2008
     
    Assets   Liabilities   Assets   Liabilities
         
Petros (Pension fund)   1.384.553    929.106    1.346.948    594.797 
Banco do Brasil S.A.    2.970.997    4.058.280    3.676.914    4.165.703 
BNDES        8.686.007        7.703.183 
Judicial Deposits (CEF and BB)   1.479.141    61.877    1.524.764    161.982 
Petroleum and alcohol account - Federal government credits   804.759        801.042     
Government bonds    4.424.267        4.184.665     
Other    654.462    594.500    679.280    640.438 
         
    11.718.179    14.329.770    12.213.613    13.266.103 
         
 
 
Current    4.475.074    4.021.822    4.648.595    3.243.876 
Non-current    7.243.105    10.307.948    7.565.018    10.022.227 
This excerpt taken from the PBR 6-K filed Aug 13, 2008.

5.4 Transactions with Government Entities and Pension Funds

The Company is controlled by the Federal Government and carries out several transactions with government entities in the normal course of its operations.

EXCERPTS ON THIS PAGE:

6-K
Nov 19, 2009
6-K
Aug 18, 2009
6-K
Jun 8, 2009
6-K
Mar 31, 2009
6-K
Nov 12, 2008
6-K
Aug 13, 2008

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