XML 412 R28.htm IDEA: XBRL DOCUMENT v3.21.1
Business segment information (Tables)
12 Months Ended
Dec. 31, 2020
Business segment information  
Schedule of information by business segment

Integrated

    

    

Gas,

    

    

    

    

    

For the year ended December 31, 2020

Exploration &

Renewables

Refining &

Marketing &

(M$)

Production

& Power

Chemicals

Services

Corporate

Intercompany

Total

Non-Group sales

 

4,973

15,629

56,615

63,451

17

140,685

Intersegment sales

 

18,483

2,003

 

17,378

 

357

 

223

(38,444)

 

Excise taxes

 

 

(2,405)

 

(18,576)

 

 

(20,981)

Revenues from sales

 

23,456

17,632

 

71,588

 

45,232

 

240

(38,444)

 

119,704

Operating expenses

 

(11,972)

(15,847)

 

(70,524)

 

(42,807)

 

(1,049)

38,444

 

(103,755)

Depreciation, depletion and impairment of tangible assets and mineral interests

 

(16,998)

(2,312)

 

(1,878)

 

(984)

 

(92)

 

(22,264)

Operating income

 

(5,514)

(527)

 

(814)

 

1,441

 

(901)

 

(6,315)

Net income (loss) from equity affiliates and other items

 

697

794

 

(393)

 

37

 

272

 

1,407

Tax on net operating income

 

(208)

71

 

59

 

(515)

 

(67)

 

(660)

Net operating income

 

(5,025)

338

 

(1,148)

 

963

 

(696)

 

(5,568)

Net cost of net debt

 

  

 

  

 

  

 

  

  

 

(1,768)

Non-controlling interests

 

  

 

  

 

  

 

  

  

 

94

NET INCOME - GROUP SHARE

 

  

 

  

 

  

 

  

  

 

(7,242)

Integrated

For the year ended December 31, 2020

    

    

Gas,

    

    

    

    

    

(adjustments)(a)

Exploration &

Renewables

Refining &

Marketing &

(M$)

Production

& Power

Chemicals

Services

Corporate

Intercompany

Total

Non-Group sales

20

 

 

 

20

Intersegment sales

 

 

 

 

 

 

Excise taxes

 

 

 

 

 

 

Revenues from sales

 

 

20

 

 

 

 

20

Operating expenses

 

(137)

 

(423)

 

(1,552)

 

(330)

 

(60)

 

(2,502)

Depreciation, depletion and impairment of tangible assets and mineral interests

 

(7,693)

 

(953)

 

(306)

 

 

 

(8,952)

Operating income(b)

 

(7,830)

 

(1,356)

 

(1,858)

 

(330)

 

(60)

 

(11,434)

Net income (loss) from equity affiliates and other items

 

54

 

(382)

 

(677)

 

(24)

 

107

 

(922)

Tax on net operating income

 

388

 

298

 

348

 

93

 

(145)

 

982

Net operating income(b)

 

(7,388)

 

(1,440)

 

(2,187)

 

(261)

 

(98)

 

(11,374)

Net cost of net debt

 

  

 

  

 

  

 

  

 

(29)

Non-controlling interests

 

  

 

  

 

  

 

  

  

 

102

NET INCOME - GROUP SHARE

 

  

 

  

 

  

 

  

  

 

(11,301)

(a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value.

(b) Of which inventory valuation effect

On operating income

    

    

    

(1,244)

    

(196)

On net operating income

 

 

 

(1,165)

 

(137)

Integrated

For the year ended December 31, 2020

    

    

Gas,

    

    

    

    

    

(adjusted)

Exploration &

Renewables

Refining &

Marketing &

(M$)

Production

& Power

Chemicals

Services

Corporate

Intercompany

Total

Non-Group sales

 

4,973

15,609

56,615

63,451

17

140,665

Intersegment sales

 

18,483

2,003

 

17,378

 

357

 

223

(38,444)

 

Excise taxes

 

 

(2,405)

 

(18,576)

 

 

(20,981)

Revenues from sales

 

23,456

17,612

 

71,588

 

45,232

 

240

(38,444)

 

119,684

Operating expenses

 

(11,835)

(15,424)

 

(68,972)

 

(42,477)

 

(989)

38,444

 

(101,253)

Depreciation, depletion and impairment of tangible assets and mineral interests

 

(9,305)

(1,359)

 

(1,572)

 

(984)

 

(92)

 

(13,312)

Adjusted operating income

 

2,316

829

 

1,044

 

1,771

 

(841)

 

5,119

Net income (loss) from equity affiliates and other items

 

643

1,176

 

284

 

61

 

165

 

2,329

Tax on net operating income

 

(596)

(227)

 

(289)

 

(608)

 

78

 

(1,642)

Adjusted net operating income

 

2,363

1,778

 

1,039

 

1,224

 

(598)

 

5,806

Net cost of net debt

 

  

 

  

 

  

 

  

  

 

(1,739)

Non-controlling interests

 

  

 

  

 

  

 

  

  

 

(8)

ADJUSTED NET INCOME - GROUP SHARE

 

  

 

  

 

  

 

  

  

 

4,059

Integrated

    

    

Gas,

    

    

    

    

    

For the year ended December 31, 2020

Exploration &

Renewables

Refining &

Marketing &

(M$)

Production

& Power

Chemicals

Services

Corporate

Intercompany

Total

Total expenditures

 

6,782

 

6,230

 

1,325

 

1,052

 

145

 

15,534

Total divestments

 

819

 

1,152

 

149

 

158

 

177

 

2,455

Cash flow from operating activities

 

9,922

 

2,129

 

2,438

 

2,101

 

(1,787)

 

14,803

Balance sheet as of December 31, 2020

Property, plant and equipment, intangible assets, net

 

89,207

 

30,704

 

12,486

 

8,734

 

732

 

141,863

Investments & loans in equity affiliates

 

7,328

 

16,455

 

3,638

 

555

 

 

27,976

Other non-current assets

 

5,093

 

3,647

 

791

 

1,260

 

1,042

 

11,833

Working capital

 

1,968

 

(1,004)

 

(264)

 

(43)

 

(4,470)

 

(3,813)

Provisions and other non-current liabilities

 

(24,909)

 

(4,566)

 

(4,658)

 

(1,641)

 

606

 

(35,168)

Assets and liabilities classified as held for sale 

 

241

 

375

 

(83)

 

 

 

533

Capital Employed (Balance sheet)

 

78,928

 

45,611

 

11,910

 

8,865

 

(2,090)

 

143,224

Less inventory valuation effect

 

 

 

(535)

 

(72)

 

 

(607)

CAPITAL EMPLOYED (BUSINESS SEGMENT INFORMATION)

 

78,928

 

45,611

 

11,375

 

8,793

 

(2,090)

142,617

ROACE as a percentage

 

3

%

4

%

9

%

14

%

4

%

Integrated

    

    

Gas,

    

    

    

    

    

For the year ended December 31, 2019

Exploration &

Renewables

Refining &

Marketing &

(M$)

Production

& Power

Chemicals

Services

Corporate

Intercompany

Total

Non-Group sales

 

7,261

18,167

87,598

87,280

10

200,316

Intersegment sales

 

31,329

2,825

 

32,390

 

659

 

125

(67,328)

 

Excise taxes

 

 

(3,015)

 

(21,052)

 

 

(24,067)

Revenues from sales

 

38,590

20,992

 

116,973

 

66,887

 

135

(67,328)

 

176,249

Operating expenses

 

(16,389)

(18,316)

 

(112,104)

 

(63,855)

 

(925)

67,328

 

(144,261)

Depreciation, depletion and impairment of tangible assets and mineral interests

 

(11,659)

(1,492)

 

(1,527)

 

(980)

 

(73)

 

(15,731)

Operating income

 

10,542

1,184

 

3,342

 

2,052

 

(863)

 

16,257

Net income (loss) from equity affiliates and other items

 

610

2,330

 

322

 

101

 

42

 

3,405

Tax on net operating income

 

(4,572)

(741)

 

(470)

 

(598)

 

155

 

(6,226)

Net operating income

 

6,580

2,773

 

3,194

 

1,555

 

(666)

 

13,436

Net cost of net debt

 

  

 

  

 

  

 

  

  

 

(1,998)

Non-controlling interests

 

  

 

  

 

  

 

  

  

 

(171)

NET INCOME - GROUP SHARE

 

  

 

  

 

  

 

  

  

 

11,267

Integrated

For the year ended December 31, 2019

    

    

Gas,

    

    

    

    

    

(adjustments)(a)

Exploration &

Renewables

Refining &

Marketing &

(M$)

Production

& Power

Chemicals

Services

Corporate

Intercompany

Total

Non-Group sales

(64)

 

 

 

(64)

Intersegment sales

 

 

 

 

 

 

Excise taxes

 

 

 

 

 

 

Revenues from sales

 

 

(64)

 

 

 

 

(64)

Operating expenses

 

(145)

 

(240)

 

397

 

(40)

 

(112)

 

(140)

Depreciation, depletion and impairment of tangible assets and mineral interests

 

(721)

 

(156)

 

(41)

 

(2)

 

 

(920)

Operating income(b)

 

(866)

 

(460)

 

356

 

(42)

 

(112)

 

(1,124)

Net income (loss) from equity affiliates and other items

 

(112)

 

974

 

(83)

 

(83)

 

 

696

Tax on net operating income

 

49

 

(130)

 

(82)

 

27

 

(73)

 

(209)

Net operating income(b)

 

(929)

 

384

 

191

 

(98)

 

(185)

 

(637)

Net cost of net debt

 

  

 

  

 

  

 

  

 

(15)

Non-controlling interests

 

  

 

  

 

  

 

  

  

 

91

NET INCOME - GROUP SHARE

 

  

 

  

 

  

 

  

  

 

(561)

(a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value.

(b) Of which inventory valuation effect

On operating income

    

    

    

477

    

(31)

On net operating income

 

 

 

371

 

(14)

Integrated

For the year ended December 31, 2019

    

    

Gas,

    

    

    

    

    

(adjusted)

Exploration &

Renewables

Refining &

Marketing &

(M$)

Production

& Power

Chemicals

Services

Corporate

Intercompany

Total

Non-Group sales

 

7,261

18,231

87,598

87,280

10

200,380

Intersegment sales

 

31,329

2,825

 

32,390

 

659

 

125

(67,328)

 

Excise taxes

 

 

(3,015)

 

(21,052)

 

 

(24,067)

Revenues from sales

 

38,590

21,056

 

116,973

 

66,887

 

135

(67,328)

 

176,313

Operating expenses

 

(16,244)

(18,076)

 

(112,501)

 

(63,815)

 

(813)

67,328

 

(144,121)

Depreciation, depletion and impairment of tangible assets and mineral interests

 

(10,938)

(1,336)

 

(1,486)

 

(978)

 

(73)

 

(14,811)

Adjusted operating income

 

11,408

1,644

 

2,986

 

2,094

 

(751)

 

17,381

Net income (loss) from equity affiliates and other items

 

722

1,356

 

405

 

184

 

42

 

2,709

Tax on net operating income

 

(4,621)

(611)

 

(388)

 

(625)

 

228

 

(6,017)

Adjusted net operating income

 

7,509

2,389

 

3,003

 

1,653

 

(481)

 

14,073

Net cost of net debt

 

  

 

  

 

  

 

  

  

 

(1,983)

Non-controlling interests

 

  

 

  

 

  

 

  

  

 

(262)

AJUSTED NET INCOME - GROUP SHARE

 

  

 

  

 

  

 

  

  

 

11,828

Integrated

    

    

Gas,

    

    

    

    

    

For the year ended December 31, 2019

Exploration &

Renewables

Refining &

Marketing &

(M$)

Production

& Power

Chemicals

Services

Corporate

Intercompany

Total

Total expenditures

 

8,992

 

7,053

 

1,698

 

1,374

 

120

 

19,237

Total divestments

 

368

 

1,108

 

322

 

249

 

13

 

2,060

Cash flow from operating activities

 

16,917

 

3,461

 

3,837

 

2,604

 

(2,134)

 

24,685

Balance sheet as of December 31, 2019

Property, plant and equipment, intangible assets, net

 

98,894

 

29,597

 

12,196

 

8,316

 

583

 

149,586

Investments & loans in equity affiliates

 

7,631

 

15,271

 

3,787

 

433

 

 

27,122

Other non-current assets

 

4,484

 

2,993

 

744

 

1,179

 

1,009

 

10,409

Working capital

 

2,617

 

(1,192)

 

796

 

178

 

(3,909)

 

(1,510)

Provisions and other non-current liabilities

 

(25,208)

 

(5,488)

 

(3,898)

 

(1,531)

 

153

 

(35,972)

Assets and liabilities classified as held for sale

 

426

 

368

 

 

 

 

794

Capital Employed (Balance sheet)

 

88,844

 

41,549

 

13,625

 

8,575

 

(2,164)

 

150,429

Less inventory valuation effect

 

 

 

(1,397)

 

(204)

 

 

(1,601)

CAPITAL EMPLOYED (BUSINESS SEGMENT INFORMATION)

 

88,844

 

41,549

 

12,228

 

8,371

 

(2,164)

148,828

ROACE as a percentage

 

8

%

6

%

26

%

22

%

10

%

Integrated

    

    

Gas,

    

    

    

    

    

For the year ended December 31, 2018

Exploration &

Renewables

Refining &

Marketing &

(M$)

Production

& Power

Chemicals

Services

Corporate

Intercompany

Total

Non-Group sales

 

9,889

17,236

92,025

90,206

7

209,363

Intersegment sales

 

30,337

2,198

 

35,462

 

979

 

64

(69,040)

 

Excise taxes

 

 

(3,359)

 

(21,898)

 

 

(25,257)

Revenues from sales

 

40,226

19,434

 

124,128

 

69,287

 

71

(69,040)

 

184,106

Operating expenses

 

(17,532)

(17,679)

 

(120,393)

 

(66,737)

 

(796)

69,040

 

(154,097)

Depreciation, depletion and impairment of tangible assets and mineral interests

 

(10,192)

(1,827)

 

(1,222)

 

(709)

 

(42)

 

(13,992)

Operating income

 

12,502

(72)

 

2,513

 

1,841

 

(767)

 

16,017

Net income (loss) from equity affiliates and other items

 

1,365

1,639

 

782

 

307

 

77

 

4,170

Tax on net operating income

 

(5,770)

(471)

 

(445)

 

(532)

 

375

 

(6,843)

Net operating income

 

8,097

1,096

 

2,850

 

1,616

 

(315)

 

13,344

Net cost of net debt

  

 

  

 

  

 

  

  

 

(1,794)

Non-controlling interests

  

 

  

 

  

 

  

  

 

(104)

NET INCOME - GROUP SHARE

  

 

  

 

  

 

  

  

 

11,446

Integrated

For the year ended December 31, 2018

    

Gas,

    

    

    

    

    

(adjustments) (a)

    

Exploration &

Renewables

Refining &

Marketing &

(M$)

Production

& Power

Chemicals

Services

Corporate

Intercompany

Total

Non-Group sales

 

56

 

 

56

Intersegment sales

 

 

 

 

 

 

Excise taxes

 

 

 

 

 

 

Revenues from sales

 

56

 

 

 

 

56

Operating expenses

 

(199)

(237)

 

(616)

 

(45)

 

(9)

 

(1,106)

Depreciation, depletion and impairment of tangible assets and mineral interests

 

(707)

(1,065)

 

(2)

 

 

 

(1,774)

Operating income(b)

 

(906)

(1,246)

 

(618)

 

(45)

 

(9)

 

(2,824)

Net income (loss) from equity affiliates and other items

 

(128)

(247)

 

(116)

 

(5)

 

 

(496)

Tax on net operating income

 

584

170

 

205

 

14

 

 

973

Net operating income(b)

 

(450)

(1,323)

 

(529)

 

(36)

 

(9)

 

(2,347)

Net cost of net debt

  

 

  

 

  

 

  

  

 

(67)

Non-controlling interests

  

 

  

 

  

 

  

  

 

301

NET INCOME - GROUP SHARE

  

 

  

 

  

 

  

  

 

(2,113)

(a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value.

(b) Of which inventory valuation effect

On operating income

    

    

    

(589)

    

(6)

On net operating income

 

 

 

(413)

 

(5)

Integrated

For the year ended December 31, 2018

    

    

Gas,

    

    

    

    

    

(adjusted)

Exploration &

Renewables

Refining &

Marketing &

(M$)

Production

& Power

Chemicals

Services

Corporate

Intercompany

Total

Non-Group sales

 

9,889

17,180

92,025

90,206

7

209,307

Intersegment sales

 

30,337

2,198

 

35,462

 

979

 

64

(69,040)

 

Excise taxes

 

 

(3,359)

 

(21,898)

 

 

(25,257)

Revenues from sales

 

40,226

19,378

 

124,128

 

69,287

 

71

(69,040)

 

184,050

Operating expenses

 

(17,333)

(17,442)

 

(119,777)

 

(66,692)

 

(787)

69,040

 

(152,991)

Depreciation, depletion and impairment of tangible assets and mineral interests

 

(9,485)

(762)

 

(1,220)

 

(709)

 

(42)

 

(12,218)

Adjusted operating income

 

13,408

1,174

 

3,131

 

1,886

 

(758)

 

18,841

Net income (loss) from equity affiliates and other items

 

1,493

1,886

 

898

 

312

 

77

 

4,666

Tax on net operating income

 

(6,354)

(641)

 

(650)

 

(546)

 

375

 

(7,816)

Adjusted net operating income

 

8,547

2,419

 

3,379

 

1,652

 

(306)

 

15,691

Net cost of net debt

 

  

 

  

 

  

 

  

  

 

(1,727)

Non-controlling interests

 

  

 

  

 

  

 

  

  

 

(405)

ADJUSTED NET INCOME - GROUP SHARE

 

  

 

  

 

  

 

  

  

 

13,559

Integrated

    

    

Gas,

    

    

    

    

    

For the year ended December 31, 2018

Exploration &

Renewables

Refining &

Marketing &

(M$)

Production

& Power

Chemicals

Services

Corporate

Intercompany

Total

Total expenditures

 

13,789

 

5,032

 

1,781

 

1,458

 

125

 

22,185

Total divestments

 

3,674

 

2,209

 

919

 

428

 

9

 

7,239

Cash flow from operating activities

 

18,537

 

596

 

4,308

 

2,759

 

(1,497)

 

24,703

Balance sheet as of December 31, 2018

 

Property, plant and equipment, intangible assets, net

 

100,997

 

24,023

 

10,493

 

6,343

 

390

 

142,246

Investments & loans in equity affiliates

 

6,754

 

12,349

 

3,910

 

431

 

 

23,444

Other non-current assets

 

4,780

 

3,114

 

663

 

1,155

 

881

 

10,593

Working capital

 

1,911

 

420

 

32

 

194

 

(4,064)

 

(1,507)

Provisions and other non-current liabilities

 

(25,042)

 

(6,288)

 

(3,615)

 

(1,465)

 

125

 

(36,285)

Assets and liabilities classified as held for sale

 

 

1,128

 

151

 

 

 

1,279

Capital Employed (Balance sheet)

 

89,400

 

34,746

 

11,634

 

6,658

 

(2,668)

 

139,770

Less inventory valuation effect

 

 

 

(1,035)

 

(216)

 

 

(1,251)

CAPITAL EMPLOYED (BUSINESS SEGMENT INFORMATION)

 

89,400

 

34,746

 

10,599

 

6,442

 

(2,668)

 

138,519

ROACE as a percentage

 

10

%

7

%

31

%

25

%

12

%

Schedule of reconciliation of the information by business segment with consolidated financial statements

    

    

    

Consolidated

For the year ended December 31, 2020

statement of

(M$)

Adjusted

Adjustments(a)

income

Sales

 

140,665

 

20

 

140,685

Excise taxes

 

(20,981)

 

 

(20,981)

Revenues from sales

 

119,684

 

20

 

119,704

Purchases, net of inventory variation

 

(75,672)

 

(1,814)

 

(77,486)

Other operating expenses

 

(24,850)

 

(688)

 

(25,538)

Exploration costs

 

(731)

 

 

(731)

Depreciation, depletion and impairment of tangible assets and mineral interests

 

(13,312)

 

(8,952)

 

(22,264)

Other income

 

1,405

 

832

 

2,237

Other expense

 

(689)

 

(817)

 

(1,506)

Financial interest on debt

 

(2,140)

 

(7)

 

(2,147)

Financial income and expense from cash & cash equivalents

 

68

 

(31)

 

37

Cost of net debt

 

(2,072)

 

(38)

 

(2,110)

Other financial income

 

914

 

 

914

Other financial expense

 

(689)

 

(1)

 

(690)

Net income (loss) from equity affiliates

 

1,388

 

(936)

 

452

Income taxes

 

(1,309)

 

991

 

(318)

CONSOLIDATED NET INCOME

 

4,067

 

(11,403)

 

(7,336)

Group share

 

4,059

 

(11,301)

 

(7,242)

Non-controlling interests

 

8

 

(102)

 

(94)

(a)Adjustments include special items, inventory valuation effect and the effect of changes in fair value.

    

    

    

Consolidated

For the year ended December 31, 2019

statement of

(M$)

Adjusted

Adjustments(a)

income

Sales

 

200,380

 

(64)

 

200,316

Excise taxes

 

(24,067)

 

-

 

(24,067)

Revenues from sales

 

176,313

 

(64)

 

176,249

Purchases, net of inventory variation

 

(116,464)

 

243

 

(116,221)

Other operating expenses

 

(26,872)

 

(383)

 

(27,255)

Exploration costs

 

(785)

 

-

 

(785)

Depreciation, depletion and impairment of tangible assets and mineral interests

 

(14,811)

 

(920)

 

(15,731)

Other income

 

876

 

287

 

1,163

Other expense

 

(455)

 

(737)

 

(1,192)

Financial interest on debt

 

(2,318)

 

(15)

 

(2,333)

Financial income and expense from cash & cash equivalents

 

(19)

 

-

 

(19)

Cost of net debt

 

(2,337)

 

(15)

 

(2,352)

Other financial income

 

792

 

-

 

792

Other financial expense

 

(764)

 

-

 

(764)

Net income (loss) from equity affiliates

 

2,260

 

1,146

 

3,406

Income taxes

 

(5,663)

 

(209)

 

(5,872)

CONSOLIDATED NET INCOME

 

12,090

 

(652)

 

11,438

Group share

 

11,828

 

(561)

 

11,267

Non-controlling interests

 

262

 

(91)

 

171

(a)Adjustments include special items, inventory valuation effect and the effect of changes in fair value.

    

    

    

Consolidated

For the year ended December 31, 2018

statement of

(M$)

Adjusted

Adjustments(a)

income

Sales

 

209,307

 

56

 

209,363

Excise taxes

 

(25,257)

 

 

(25,257)

Revenues from sales

 

184,050

 

56

 

184,106

Purchases, net of inventory variation

 

(125,134)

 

(682)

 

(125,816)

Other operating expenses

 

(27,060)

 

(424)

 

(27,484)

Exploration costs

 

(797)

 

 

(797)

Depreciation, depletion and impairment of tangible assets and mineral interests

 

(12,218)

 

(1,774)

 

(13,992)

Other income

 

1,518

 

320

 

1,838

Other expense

 

(448)

 

(825)

 

(1,273)

Financial interest on debt

 

(1,866)

 

(67)

 

(1,933)

Financial income and expense from cash & cash equivalents

 

(188)

 

 

(188)

Cost of net debt

 

(2,054)

 

(67)

 

(2,121)

Other financial income

 

1,120

 

 

1,120

Other financial expense

 

(685)

 

 

(685)

Net income (loss) from equity affiliates

 

3,161

 

9

 

3,170

Income taxes

 

(7,489)

 

973

 

(6,516)

CONSOLIDATED NET INCOME

 

13,964

 

(2,414)

 

11,550

Group share

 

13,559

 

(2,113)

 

11,446

Non-controlling interests

 

405

 

(301)

 

104

(a)Adjustments include special items, inventory valuation effect and the effect of changes in fair value.
Schedule of detail of the adjustment items

Adjustments to operating income

    

Integrated

    

    

    

    

    

Gas,

For the year ended December 31, 2020

Exploration &

Renewables

Refining &

Marketing &

(M$)

Production

& Power

Chemicals

Services

Corporate

Total

Inventory valuation effect

 

 

 

(1,244)

 

(196)

 

 

(1,440)

Effect of changes in fair value

 

 

20

 

 

 

 

20

Restructuring charges

 

(35)

 

(39)

 

(30)

 

 

 

(104)

Asset impairment charges

 

(7,693)

 

(953)

 

(306)

 

 

 

(8,952)

Other items

 

(102)

 

(384)

 

(278)

 

(134)

 

(60)

 

(958)

TOTAL

 

(7,830)

 

(1,356)

 

(1,858)

 

(330)

 

(60)

 

(11,434)

Adjustments to net income, Group share

    

Integrated

    

    

    

    

    

Gas,

For the year ended December 31, 2020

Exploration &

Renewables

Refining &

Marketing &

(M$)

Production

& Power

Chemicals

Services

Corporate

Total

Inventory valuation effect

 

 

 

(1,160)

 

(120)

 

 

(1,280)

Effect of changes in fair value

 

 

23

 

 

 

 

23

Restructuring charges

 

(29)

 

(43)

 

(292)

 

 

 

(364)

Asset impairment charges

 

(7,328)

 

(829)

 

(306)

 

(2)

 

 

(8,465)

Gains (losses) on disposals of assets

 

 

 

 

 

104

 

104

Other items

 

 

(566)

 

(423)

 

(106)

 

(224)

 

(1,319)

TOTAL

 

(7,357)

 

(1,415)

 

(2,181)

 

(228)

 

(120)

 

(11,301)

Adjustments to operating income

    

Integrated

    

    

    

    

    

Gas,

For the year ended December 31, 2019

Exploration &

Renewables

Refining &

Marketing &

(M$)

Production

& Power

Chemicals

Services

Corporate

Total

Inventory valuation effect

 

 

 

477

 

(31)

 

 

446

Effect of changes in fair value

 

 

(19)

 

 

 

 

(19)

Restructuring charges

 

 

(4)

 

 

 

 

(4)

Asset impairment charges

 

(721)

 

(156)

 

(41)

 

(2)

 

 

(920)

Other items

 

(145)

 

(281)

 

(80)

 

(9)

 

(112)

 

(627)

TOTAL

 

(866)

 

(460)

 

356

 

(42)

 

(112)

 

(1,124)

Adjustments to net income, Group share

    

Integrated

    

    

    

    

    

Gas,

For the year ended December 31, 2019

Exploration &

Renewables

Refining &

Marketing &

(M$)

Production

& Power

Chemicals

Services

Corporate

Total

Inventory valuation effect

 

 

 

369

 

(23)

 

 

346

Effect of changes in fair value

 

 

(15)

 

 

 

 

(15)

Restructuring charges

 

(5)

 

(31)

 

(22)

 

 

 

(58)

Asset impairment charges

 

(530)

 

105

 

(39)

 

(1)

 

 

(465)

Gains (losses) on disposals of assets

 

 

 

 

 

 

Other items

 

(405)

 

422

 

(119)

 

(82)

 

(185)

 

(369)

TOTAL

 

(940)

 

481

 

189

 

(106)

 

(185)

 

(561)

Adjustments to operating income

    

    

Integrated

    

    

    

    

    

Gas,

For the year ended December 31, 2018

Exploration &

Renewables

Refining &

Marketing &

(M$)

Production

& Power

Chemicals

Services

Corporate

Total

Inventory valuation effect

 

 

 

(589)

 

(6)

 

 

(595)

Effect of changes in fair value

 

 

48

 

 

 

 

48

Restructuring charges

 

(67)

 

 

(3)

 

 

 

(70)

Asset impairment charges

 

(707)

 

(1,065)

 

(2)

 

 

 

(1,774)

Other items

 

(132)

 

(229)

 

(24)

 

(39)

 

(9)

 

(433)

TOTAL

 

(906)

 

(1,246)

 

(618)

 

(45)

 

(9)

 

(2,824)

Adjustments to net income, Group share

    

Integrated

    

    

    

    

    

Gas,

For the year ended December 31, 2018

Exploration &

Renewables

Refining &

Marketing &

(M$)

Production

& Power

Chemicals

Services

Corporate

Total

Inventory valuation effect

 

 

 

(414)

 

(6)

 

 

(420)

Effect of changes in fair value

 

 

38

 

 

 

 

38

Restructuring charges

 

(94)

 

(10)

 

(34)

 

 

 

(138)

Asset impairment charges

 

(651)

 

(896)

 

(48)

 

 

 

(1,595)

Gains (losses) on disposals of assets

 

(14)

 

(2)

 

 

 

 

(16)

Other items

 

252

 

(112)

 

(34)

 

(47)

 

(41)

 

18

TOTAL

 

(507)

 

(982)

 

(530)

 

(53)

 

(41)

 

(2,113)