Results of operations from oil and gas producing activities

(€ million)

Italy

Rest of Europe

North Africa

Sub-Saharan Africa

Kazakh-
stan

Rest of Asia

Americas

Australia and Oceania

Total

(a)

Includes asset impairments amounting to €189 million in 2011.

(b)

The “Successful Effort Method” application would have led to an increase of €118 million in 2011 for the consolidated subsidiaries and an increase of €20 million in 2011 for equity-accounted entities.

2011

 

 

 

 

 

 

 

 

 

Consolidated subsidiaries

 

 

 

 

 

 

 

 

 

Revenues:

 

 

 

 

 

 

 

 

 

- sales to consolidated entities

3,583

3,695

1,956

5,945

411

178

1,634

93

17,495

- sales to third parties

 

514

5,090

1,937

1,268

1,233

132

344

10,518

Total revenues

3,583

4,209

7,046

7,882

1,679

1,411

1,766

437

28,013

Operations costs

(284)

(566)

(483)

(830)

(171)

(183)

(364)

(88)

(2,969)

Production taxes

(245)

 

(165)

(853)

 

(37)

 

 

(1,300)

Exploration expenses

(38)

(113)

(128)

(509)

(6)

(177)

(136)

(58)

(1,165)

D.D. & A. and Provision for abandonment (a)

(606)

(704)

(843)

(1,435)

(112)

(486)

(901)

(103)

(5,190)

Other income (expense)

(562)

142

(508)

(314)

(160)

(151)

125

8

(1,420)

Pretax income from producing activities

1,848

2,968

4,919

3,941

1,230

377

490

196

15,969

Income taxes

(761)

(2,043)

(3,013)

(2,680)

(413)

(157)

(184)

(120)

(9,371)

Results of operations from E&P activities of consolidated subsidiaries (b)

1,087

925

1,906

1,261

817

220

306

76

6,598

Equity-accounted entities

 

 

 

 

 

 

 

 

 

Revenues:

 

 

 

 

 

 

 

 

 

- sales to consolidated entities

 

 

 

 

 

 

 

 

 

- sales to third parties

 

2

19

93

 

89

262

 

465

Total revenues

 

2

19

93

 

89

262

 

465

Operations costs

 

 

(11)

(10)

 

(9)

(17)

 

(47)

Production taxes

 

(1)

(4)

 

 

 

(113)

 

(118)

Exploration expenses

 

(6)

 

(5)

 

(8)

(9)

 

(28)

D.D. & A. and Provision for abandonment

 

 

(1)

(24)

 

(23)

(21)

 

(69)

Other income (expense)

 

(4)

6

11

 

(20)

(51)

 

(58)

Pretax income from producing activities

 

(9)

9

65

 

29

51

 

145

Income taxes

 

 

(4)

(35)

 

(32)

(4)

 

(75)

Results of operations from E&P activities of equity-accounted entities (b)

 

(9)

5

30

 

(3)

47

 

70
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