falsedesktopTOT2014-12-31000119312515106292{"tbl_sim": "https://q10k.com/tbl-sim", "search": "https://q10k.com/search"}{"q10k_tbl_0": "\t\tPage\nCERTAIN TERMS\t\ti\nABBREVIATIONS\t\tii\nCONVERSION TABLE\t\tii\nCAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS\t\tiii\nItem 1.\tIdentity of Directors Senior Management and Advisers\t1\nItem 2.\tOffer Statistics and Expected Timetable\t1\nItem 3.\tKey Information\t1\n\tSelected Financial Data\t1\n\tExchange Rate Information\t2\n\tRisk Factors\t2\nItem 4.\tInformation on the Company\t9\n\tHistory and Development\t9\n\tBusiness Overview\t9\n\tOther Matters\t46\nItem 4A.\tUnresolved Staff Comments\t88\nItem 5.\tOperating and Financial Review and Prospects\t89\nItem 6.\tDirectors Senior Management and Employees\t101\n\tDirectors and Senior Management\t101\n\tCompensation\t109\n\tCorporate Governance\t128\n\tEmployees and Share Ownership\t140\nItem 7.\tMajor Shareholders and Related Party Transactions\t144\nItem 8.\tFinancial Information\t146\nItem 9.\tThe Offer and Listing\t150\nItem 10.\tAdditional Information\t151\nItem 11.\tQuantitative and Qualitative Disclosures About Market Risk\t167\nItem 12.\tDescription of Securities Other than Equity Securities\t167\nItem 13.\tDefaults Dividend Arrearages and Delinquencies\t168\nItem 14.\tMaterial Modifications to the Rights of Security Holders and Use of Proceeds\t168\nItem 15.\tControls and Procedures\t168\nItem 16A.\tAudit Committee Financial Expert\t168\nItem 16B.\tCode of Ethics\t168\nItem 16C.\tPrincipal Accountant Fees and Services\t169\nItem 16D.\tExemptions from the Listing Standards for Audit Committees\t169\nItem 16E.\tPurchases of Equity Securities by the Issuer and Affiliated Purchasers\t170\nItem 16F.\tChange in Registrant's Certifying Accountant\t170\nItem 16G.\tCorporate Governance\t170\nItem 16H.\tMine Safety Disclosure\t173\nItem 17.\tFinancial Statements\t173\nItem 18.\tFinancial Statements\t173\nItem 19.\tExhibits\t173\n", "q10k_tbl_1": "1 acre\t= 0.405 hectares\t\n1 b\t= 42 U.S. gallons\t\n1 boe\t= 1 b of crude oil\t= 5400 cf of gas in 2014(1) (5403 cf in 2013 and 5434 cf in 2012)\n1 b/d of crude oil\t= approximately 50 t/y of crude oil\t\n1 Bm3/y\t= approximately 0.1 Bcf/d\t\n1 m3\t= 35.3147 cf\t\n1 kilometer\t= approximately 0.62 miles\t\n1 ton\t= 1 t\t= 1000 kilograms (approximately 2205 pounds)\n1 ton of oil\t= 1 t of oil\t= approximately 7.5 b of oil (assuming a specific gravity of 37° API)\n1 Mt of LNG\t= approximately 48 Mcf of gas\t\n1 Mt/y LNG\t= approximately 131 Mcf/d\t\n", "q10k_tbl_2": "(M$ except share and per share data)(a)\t2014\t\t2013\t2012\t2011\t2010\nINCOME STATEMENT DATA\t\t\t\t\t\t\nRevenues from sales\t212018\t\t227969\t234216\t231830\t186232\nNet income Group share\t4244\t\t11228\t13648\t17400\t14740\nEarnings per share\t1.87\t\t4.96\t6.05\t7.74\t6.60\nFully diluted earnings per share\t1.86\t\t4.94\t6.02\t7.71\t6.57\nCASH FLOW STATEMENT DATA\t\t\t\t\t\t\nCash flow from operating activities\t25608\t\t28513\t28858\t27193\t24516\nTotal expenditures\t30509\t\t34431\t29475\t34161\t21574\nBALANCE SHEET DATA\t\t\t\t\t\t\nTotal assets\t229798\t\t239223\t225886\t211793\t191641\nNon-current financial debt\t45481\t\t34574\t29392\t29186\t27770\nNon-controlling interests\t3201\t\t3138\t1689\t1749\t1144\nShareholders' equity - Group share\t90330\t\t100241\t93969\t86667\t79748\nCommon shares\t7518\t\t7493\t7454\t7447\t7398\nDIVIDENDS\t\t\t\t\t\t\nDividend per share (euros)\t€2.44\t(b)\t€2.38\t€2.34\t€2.28\t€2.28\nDividend per share (dollars)\t3.00\t(b)(c)\t3.24\t3.05\t2.97\t3.15\nCOMMON SHARES(d)\t\t\t\t\t\t\nAverage number outstanding of common shares €2.50 par value (shares undiluted)\t2272859512\t\t2264349795\t2255801563\t2247479529\t2234829043\nAverage number outstanding of common shares €2.50 par value (shares diluted)\t2281004151\t\t2271543658\t2266635745\t2256951403\t2244494576\n", "q10k_tbl_3": "Year\tAverage Rate\n2010\t1.3257\n2011\t1.3920\n2012\t1.2848\n2013\t1.3281\n2014\t1.3285\n", "q10k_tbl_4": "Period\tHigh\tLow\nSeptember 2014\t1.3151\t1.2583\nOctober 2014\t1.2823\t1.2524\nNovember 2014\t1.2539\t1.2393\nDecember 2014\t1.2537\t1.2141\nJanuary 2015\t1.2043\t1.1198\nFebruary 2015\t1.1447\t1.1240\nMarch 2015(a)\t1.1227\t1.0557\n", "q10k_tbl_5": "(M$)\tFrance\tRest of Europe\tNorth America\tAfrica\tRest of world\tTotal\n2014\t\t\t\t\t\t\nNon-Group sales\t51471\t114747\t23766\t23281\t22857\t236122\nProperty plant and equipment intangible assets net\t4350\t25137\t16064\t41405\t34602\t121558\nCapital expenditures\t1266\t5880\t3658\t9798\t9907\t30509\n2013\t\t\t\t\t\t\nNon-Group sales\t57650\t128661\t22332\t23146\t19936\t251725\nProperty plant and equipment intangible assets net\t6251\t26840\t19588\t37847\t32349\t122875\nCapital expenditures\t1772\t6289\t4157\t10705\t11508\t34431\n2012\t\t\t\t\t\t\nNon-Group sales\t59077\t133439\t22675\t23025\t18821\t257037\nProperty plant and equipment intangible assets net\t6017\t23349\t20082\t32983\t26011\t108442\nCapital expenditures\t2041\t5660\t4045\t9346\t8383\t29475\n", "q10k_tbl_6": "\t2014\t\t\t2013\t\t\t2012\t\t\n\tLiquids Mb\tNatural gas Bcf(b)\tTotal Mboe\tLiquids Mb\tNatural gas Bcf(b)\tTotal Mboe\tLiquids Mb\tNatural gas Bcf(b)\tTotal Mboe\nAfrica\t191\t253\t240\t194\t255\t245\t210\t257\t260\nAlgeria\t2\t29\t7\t2\t30\t8\t2\t33\t8\nAngola\t70\t20\t73\t64\t23\t68\t63\t16\t65\nGabon\t20\t5\t21\t20\t6\t22\t20\t7\t21\nLibya\t10\t0\t10\t18\t0\t18\t23\t0\t23\nNigeria\t57\t187\t94\t58\t187\t95\t63\t190\t102\nThe Congo Republic of\t32\t13\t35\t32\t10\t34\t39\t11\t41\nNorth America\t14\t104\t33\t10\t93\t27\t9\t90\t25\nCanada(a)\t4\t0\t4\t5\t0\t5\t4\t0\t4\nUnited States\t10\t104\t28\t5\t93\t22\t5\t90\t21\nSouth America\t18\t219\t57\t20\t229\t61\t22\t249\t66\nArgentina\t3\t134\t27\t5\t134\t28\t4\t144\t30\nBolivia\t1\t51\t11\t1\t47\t10\t1\t45\t10\nColombia\t0\t0\t0\t0\t0\t0\t0\t8\t2\nTrinidad & Tobago\t0\t0\t0\t1\t19\t4\t1\t26\t6\nVenezuela\t14\t34\t19\t13\t29\t18\t14\t26\t18\nAsia-Pacific\t11\t430\t87\t11\t427\t86\t10\t397\t81\nAustralia\t0\t8\t1\t0\t9\t1\t0\t11\t2\nBrunei\t1\t24\t5\t1\t22\t5\t1\t20\t4\nChina\t0\t23\t4\t0\t17\t3\t0\t3\t0\nIndonesia\t7\t217\t47\t6\t221\t48\t6\t221\t48\nMyanmar\t0\t49\t6\t0\t47\t6\t0\t46\t6\nThailand\t4\t108\t22\t4\t112\t23\t3\t97\t20\nCIS\t13\t414\t91\t12\t382\t83\t10\t332\t71\nAzerbaijan\t1\t22\t5\t2\t30\t7\t1\t23\t6\nRussia\t12\t393\t86\t10\t352\t76\t8\t308\t65\nEurope\t60\t397\t133\t61\t449\t143\t72\t460\t156\nFrance\t0\t3\t1\t0\t16\t3\t1\t21\t5\nThe Netherlands\t0\t62\t11\t0\t71\t13\t0\t67\t12\nNorway\t49\t210\t88\t50\t210\t89\t58\t227\t100\nUnited Kingdom\t11\t122\t32\t11\t152\t38\t13\t144\t39\nMiddle East\t70\t396\t143\t118\t422\t196\t114\t361\t180\nUnited Arab Emirates\t42\t22\t46\t90\t26\t95\t85\t26\t90\nIraq\t4\t0\t4\t3\t0\t3\t2\t0\t2\nOman\t9\t22\t13\t9\t24\t14\t9\t22\t14\nQatar\t12\t203\t48\t13\t204\t50\t14\t204\t51\nYemen\t3\t148\t31\t4\t168\t35\t4\t109\t24\nTotal production\t377\t2213\t783\t426\t2257\t839\t445\t2146\t840\nIncluding share of equity affiliates\t73\t726\t208\t119\t714\t251\t112\t597\t223\nAngola\t0\t4\t1\t0\t6\t1\t0\t0\t0\nVenezuela\t14\t2\t14\t13\t3\t14\t14\t3\t15\nUnited Arab Emirates\t40\t19\t43\t88\t22\t92\t82\t22\t87\nOman\t8\t22\t12\t8\t24\t13\t8\t22\t12\nQatar\t3\t139\t28\t3\t141\t28\t3\t133\t27\nYemen\t0\t147\t27\t0\t167\t31\t0\t109\t20\nRussia\t9\t392\t83\t7\t351\t72\t5\t308\t62\n", "q10k_tbl_7": "\t2014\t\t\t2013\t\t\t2012\t\t\n\tLiquids kb/d\tNatural gas Mcf/d(b)\tTotal kboe/d\tLiquids kb/d\tNatural gas Mcf/d(b)\tTotal kboe/d\tLiquids kb/d\tNatural gas Mcf/d(b)\tTotal kboe/d\nAfrica\t522\t693\t657\t531\t699\t670\t574\t705\t713\nAlgeria\t5\t79\t20\t5\t82\t21\t6\t90\t23\nAngola\t191\t54\t200\t175\t62\t186\t172\t44\t179\nGabon\t55\t14\t58\t55\t16\t59\t54\t19\t57\nLibya\t27\t0\t27\t50\t0\t50\t62\t0\t62\nNigeria\t156\t511\t257\t158\t511\t261\t173\t521\t279\nThe Congo Republic of\t88\t35\t95\t88\t28\t93\t107\t31\t113\nNorth America\t39\t285\t90\t28\t256\t73\t25\t246\t69\nCanada(a)\t12\t0\t12\t13\t0\t13\t12\t0\t12\nUnited States\t27\t285\t78\t15\t256\t60\t13\t246\t57\nSouth America\t50\t599\t157\t54\t627\t166\t59\t682\t182\nArgentina\t9\t367\t75\t13\t366\t78\t12\t394\t83\nBolivia\t4\t139\t30\t4\t129\t28\t3\t124\t27\nColombia\t0\t0\t0\t0\t0\t0\t1\t23\t6\nTrinidad & Tobago\t0\t0\t0\t2\t52\t12\t4\t70\t16\nVenezuela\t37\t93\t52\t35\t80\t48\t39\t71\t50\nAsia-Pacific\t30\t1178\t238\t30\t1170\t235\t27\t1089\t221\nAustralia\t0\t23\t4\t0\t25\t4\t0\t29\t5\nBrunei\t2\t66\t15\t2\t59\t13\t2\t54\t12\nChina\t0\t63\t12\t0\t46\t8\t0\t7\t1\nIndonesia\t18\t594\t130\t17\t605\t131\t16\t605\t132\nMyanmar\t0\t135\t17\t0\t129\t16\t0\t127\t16\nThailand\t10\t297\t60\t11\t306\t63\t9\t267\t55\nCIS\t36\t1135\t249\t32\t1046\t227\t27\t909\t195\nAzerbaijan\t3\t59\t14\t5\t82\t20\t4\t64\t16\nRussia\t33\t1076\t235\t27\t964\t207\t23\t845\t179\nEurope\t165\t1089\t364\t168\t1231\t392\t197\t1259\t427\nFrance\t0\t9\t2\t1\t45\t9\t2\t58\t13\nThe Netherlands\t1\t171\t31\t1\t195\t35\t1\t184\t33\nNorway\t135\t576\t242\t136\t575\t243\t159\t622\t275\nUnited Kingdom\t29\t333\t89\t30\t416\t105\t35\t395\t106\nMiddle East\t192\t1084\t391\t324\t1155\t536\t311\t990\t493\nUnited Arab Emirates\t115\t61\t127\t247\t71\t260\t233\t70\t246\nIraq\t12\t1\t12\t7\t1\t7\t6\t0\t6\nOman\t24\t61\t36\t24\t66\t37\t24\t61\t37\nQatar\t32\t555\t132\t36\t558\t137\t38\t560\t139\nYemen\t9\t406\t84\t10\t459\t95\t10\t299\t65\nTotal production\t1034\t6063\t2146\t1167\t6184\t2299\t1220\t5880\t2300\nIncluding share of equity affiliates\t200\t1988\t571\t325\t1955\t687\t308\t1635\t611\nAngola\t0\t10\t2\t0\t16\t3\t0\t0\t0\nVenezuela\t37\t6\t38\t35\t7\t37\t38\t7\t40\nUnited Arab Emirates\t109\t51\t118\t240\t61\t253\t225\t61\t237\nOman\t23\t61\t34\t23\t66\t35\t23\t60\t34\nQatar\t7\t381\t77\t8\t385\t78\t7\t364\t74\nYemen\t0\t404\t75\t0\t458\t84\t0\t299\t55\nRussia\t24\t1075\t227\t19\t962\t197\t15\t844\t171\n", "q10k_tbl_8": "TOTAL's producing assets as of December 31 2014(a)\t\t\t\n\tYear of entry into the country\tOperated (Group share in %)\tNon-operated (Group share in %)\nAfrica\t\t\t\nAlgeria\t1952\t\tTin Fouye Tabankort (35.00%)\nAngola\t1953\tGirassol Jasmim Rosa Dalia Pazflor CLOV (Block 17) (40.00%)\tCabinda Block 0 (10.00%)\n\t\t\tKuito BBLT Tombua-Landana (Block 14) (20.00%)(b) Angola LNG (13.60%)\nGabon\t1928\tAnguille (100.00%) Anguille Nord-Est (100.00%) Anguille Sud-Est (100.00%) Atora (40.00%) Avocette (57.50%) Ayol Marine (100.00%) Baliste (50.00%) Barbier (100.00%) Baudroie Marine (50.00%) Baudroie Nord Marine (50.00%) Coucal (57.50%) Girelle (100.00%) Gonelle (100.00%) Grand Anguille Marine (100.00%) Grondin (100.00%) Hylia Marine (75.00%) Lopez Nord (100.00%) Mandaros (100.00%) M'Boukou (57.50%) M'Boumba (100.00%) Mérou Sardine Sud (50.00%) Pageau (100.00%) Port Gentil Océan (100.00%) Port Gentil Sud Marine (100.00%) Tchengue (100.00%) Torpille (100.00%) Torpille Nord Est (100.00%)\t\n\t\t\tRabi Kounga (47.50%)\nLibya\t1959\t\tzones 15 16 & 32 (75.00%)(c) zones 70 & 87 (75.00%)(c) zones 129 & 130 (30.00%)(c) zones 130 & 131 (24.00%)(c)\nNigeria\t1962\tOML 58 (40.00%) OML 99 Amenam-Kpono (30.40%) OML 100 (40.00%) OML 102 (40.00%)\tOML 102-Ekanga (40.00%)\n\t\tOML 130 (24.00%)\t\n\t\t\tShell Petroleum Development Company (SPDC 10.00%) OML 118-Bonga (12.50%) OML 138 (20.00%)\n", "q10k_tbl_9": "TOTAL's producing assets as of December 31 2014(a)\t\t\t\n\tYear of entry into the country\tOperated (Group share in %)\tNon-operated (Group share in %)\nThe Congo Republic of\t1968\tKombi-Likalala-Libondo (65.00%) Moho Bilondo (53.50%) Nkossa (53.50%) Nsoko (53.50%) Sendji (55.25%) Tchendo (65.00%) Tchibeli-Litanzi-Loussima (65.00%) Tchibouela (65.00%)\t\n\t\tYanga (55.25%)\t\n\t\t\tLoango (42.50%) Zatchi (29.75%)\nNorth America\t\t\t\nCanada\t1999\t\tSurmont (50.00%)\nUnited States\t1957\t\tSeveral assets in the Barnett Shale area (25.00%)(d) Several assets in the Utica Shale area (25.00%)(d) Chinook (33.33%) Tahiti (17.00%)\nSouth America\t\t\t\nArgentina\t1978\tAguada Pichana (27.27%) Aguada San Roque (24.71%) Aries (37.50%) Cañadon Alfa Complex (37.50%) Carina (37.50%) Hidra (37.50%) Kaus (37.50%)\t\n\t\t\tSierra Chata (2.51%)\nBolivia\t1995\t\tSan Alberto (15.00%) San Antonio (15.00%) Itaú (41.00%)\nVenezuela\t1980\t\tPetroCedeño (30.32%) Yucal Placer (69.50%)\nAsia-Pacific\t\t\t\nAustralia\t2005\t\tVarious fields in UJV GLNG (27.50%)(e)\nBrunei\t1986\tMaharaja Lela Jamalulalam (37.50%)\t\nChina\t2006\t\tSouth Sulige (49.00%)\nIndonesia\t1968\tBekapai (50.00%) Handil (50.00%) Peciko (50.00%) Sisi-Nubi (47.90%) South Mahakam (50.00%) Tambora (50.00%) Tunu (50.00%)\t\n\t\t\tBadak (1.05%) Nilam-gas and condensates (9.29%) Nilam-oil (10.58%) Ruby-gas and condensates (15.00%)\nMyanmar\t1992\tYadana (31.24%)\t\nThailand\t1990\t\tBongkot (33.33%)\nCommonwealth of Independant States\t\t\t\nKazakhstan\t1992\t\tKashagan (16.81%)\nRussia\t1991\tKharyaga (40.00%)\t\n\t\t\tSeveral fields through the participation in OAO Novatek (18.24%)\n", "q10k_tbl_10": "\tYear of entry into the country\tOperated (Group share in %)\tNon-operated (Group share in %)\nEurope\t\t\t\nNorway\t1965\tAtla (40.00%) Skirne (40.00%)\t\n\t\t\tÅsgard (7.68%) Ekofisk (39.90%) Ekofisk South (39.90%) Eldfisk (39.90%) Embla (39.90%) Gimle (4.90%) Gungne (10.00%) Heimdal (16.76%) Huldra (24.33%) Islay (5.51%)(f) Kristin (6.00%) Kvitebjørn (5.00%) Mikkel (7.65%) Oseberg (14.70%) Oseberg East (14.70%) Oseberg South (14.70%) Sleipner East (10.00%) Sleipner West (9.41%) Snøhvit (18.40%) Stjerne (14.70%) Tor (48.20%) Troll I (3.69%) Troll II (3.69%) Tune (10.00%) Tyrihans (23.15%) Visund (7.70%) Visund South (7.70%) Visund North (7.70%)\nThe Netherlands\t1964\tF6a gas (55.66%) F6a oil (65.68%) F15a Jurassic (38.20%) F15a/F15d Triassic (32.47%) F15d (32.47%) J3a (30.00%) K1a (40.10%) K1b/K2a (60.00%) K2c (60.00%) K3b (56.16%) K3d (56.16%) K4a (50.00%) K4b/K5a (36.31%) K5b (50.00%) K6/L7 (56.16%) L1a (60.00%) L1d (60.00%) L1e (55.66%) L1f (55.66%) L4a (55.66%) L4d (55.66%)\t\n\t\t\tE16a (16.92%) E17a/E17b (14.10%) J3b/J6 (25.00%) K9ab-A (22.46%) Q16a (6.49%)\nUnited Kingdom\t1962\tAlwyn North Dunbar Ellon Forvie North Grant Jura Nuggets (100.00%) Elgin-Franklin West Franklin (46.17%) Glenelg (58.73%) Islay (94.49%)(f)\t\n\t\t\tBruce (43.25%) Markham unitized field (7.35%) Keith (25.00%)\n", "q10k_tbl_11": "\tYear of entry into the country\tOperated (Group share in %)\tNon-operated (Group share in %)\nMiddle East\t\t\t\nU.A.E.\t1939\tAbu Dhabi-Abu Al Bu Khoosh (75.00%)\t\n\t\t\tAbu Dhabi offshore (13.33%)(g) GASCO (15.00%) ADGAS (5.00%)\nIraq\t1920\t\tHalfaya (22.5%)(h)\nOman\t1937\t\tVarious fields onshore (Block 6) (4.00%)(i) Mukhaizna field (Block 53) (2.00%)(j)\nQatar\t1936\tAl Khalij (100.00%)\t\n\t\t\tNorth Field-Bloc NF Dolphin (24.50%) North Field-Bloc NFB (20.00%) North Field-Qatargas 2 Train 5 (16.70%)\nYemen\t1987\tKharir/Atuf (Block 10) (28.57%)\t\n\t\t\tYemen LNG (39.62%) Various fields onshore (Block 5) (15.00%)\n", "q10k_tbl_12": "As of December 31 (in thousands of acres)\t\t2014\t\n\t\tUndeveloped acreage(a)\tDeveloped acreage\nEurope\tGross\t10601\t692\n\tNet\t5197\t143\nAfrica\tGross\t122385\t1306\n\tNet\t79562\t350\nAmericas\tGross\t25081\t962\n\tNet\t11375\t299\nMiddle East\tGross\t34375\t1215\n\tNet\t9908\t129\nAsia (excl. Russia)\tGross\t50076\t705\n\tNet\t26930\t253\nRussia\tGross\t3419\t1370\n\tNet\t1334\t215\nTotal\tGross\t245937\t6250\n\tNet(b)\t134306\t1389\n", "q10k_tbl_13": "As of December 31\t\t2014\t\n\t\tGross productive wells\tNet productive wells(a)\nEurope\tOil\t370\t101\n\tGas\t279\t82\nAfrica\tOil\t2297\t619\n\tGas\t158\t49\nAmericas\tOil\t961\t295\n\tGas\t3817\t782\nMiddle East\tOil\t5540\t355\n\tGas\t107\t20\nAsia (excl. Russia)\tOil\t140\t57\n\tGas\t2063\t732\nRussia\tOil\t137\t31\n\tGas\t410\t67\nTotal\tOil\t9445\t1458\n\tGas\t6834\t1732\n", "q10k_tbl_14": "As of December 31\t\t2014\t\t\t2013\t\t\t2012\t\t\n\t\tNet productive wells drilled(a)(b)\tNet dry wells drilled(a)(c)\tNet total wells drilled(a)(c)\tNet productive wells drilled(a)(b)\tNet dry wells drilled(a)(c)\tNet total wells drilled(a)(c)\tNet productive wells drilled(a)(b)\tNet dry wells drilled(a)(c)\tNet total wells drilled(a)(c)\nExploratory\tEurope\t1.4\t0.2\t1.6\t1.5\t0.2\t1.7\t0.9\t3.3\t4.2\n\tAfrica\t2.0\t3.3\t5.3\t1.5\t5.1\t6.6\t4.9\t2.8\t7.7\n\tAmericas\t2.1\t0.3\t2.4\t2.9\t1.4\t4.3\t3.9\t0.6\t4.5\n\tMiddle East\t0.3\t0.3\t0.6\t0.6\t0.7\t1.3\t0\t0\t0\n\tAsia (excl. Russia)\t1.2\t1.1\t2.3\t1.6\t4.3\t5.9\t2.4\t1.4\t3.8\n\tRussia\t0\t0.3\t0.3\t0\t0\t0\t0\t0\t0\n\tTotal\t7.0\t5.5\t12.5\t8.1\t11.7\t19.8\t12.1\t8.1\t20.2\nDevelopment\tEurope\t8.8\t0\t8.8\t6.9\t0.3\t7.2\t6.0\t0.7\t6.7\n\tAfrica\t24.6\t1.0\t25.6\t19.7\t0.4\t20.1\t22.7\t0\t22.7\n\tAmericas\t128.1\t0.2\t128.3\t98.0\t0\t98.0\t70.6\t0\t70.6\n\tMiddle East\t36.1\t0.2\t36.3\t42.7\t0.3\t43.0\t43.3\t0\t43.3\n\tAsia (excl. Russia)\t106.2\t0.5\t106.7\t184.2\t0\t184.2\t121.5\t0\t121.5\n\tRussia\t28.8\t0.8\t29.6\t13.8\t0\t13.8\t6.3\t0\t6.3\n\tTotal\t332.6\t2.7\t335.3\t365.3\t1.0\t366.3\t270.4\t0.7\t271.1\nTotal\t\t339.6\t8.2\t347.8\t373.4\t12.7\t386.1\t282.5\t8.8\t291.3\n", "q10k_tbl_15": "As of December 31\t\t2014\t\n\t\tGross\tNet(a)\nExploratory\tEurope\t6\t2.1\n\tAfrica\t32\t9.6\n\tAmericas\t12\t4.0\n\tMiddle East\t13\t4.2\n\tAsia (excl. Russia)\t12\t3.4\n\tRussia\t0\t0\n\tTotal\t75\t23.3\nOther wells(b)\tEurope\t36\t13.9\n\tAfrica\t47\t12.6\n\tAmericas\t370\t159.3\n\tMiddle East\t128\t14.0\n\tAsia (excl. Russia)\t797\t206.4\n\tRussia\t203\t32.5\n\tTotal\t1581\t438.7\nTotal\t\t1656\t462.0\n", "q10k_tbl_16": "Pipeline(s)\tOrigin\tDestination\t% interest\t\tOperator\tLiquids\tGas\nEUROPE\t\t\t\t\t\t\t\nNorway\t\t\t\t\t\t\t\nFrostpipe (inhibited)\tLille-Frigg Froy\tOseberg\t36.25\t\t\tx\t\nHeimdal to Brae Condensate Line\tHeimdal\tBrae\t16.76\t\t\tx\t\nKvitebjorn pipeline\tKvitebjorn\tMongstad\t5.00\t\t\tx\t\nNorpipe Oil\tEkofisk Treatment center\tTeeside (UK)\t34.93\t\t\tx\t\nOseberg Transport System\tOseberg Brage and Veslefrikk\tSture\t12.98\t\t\tx\t\nSleipner East Condensate Pipe\tSleipner East\tKarsto\t10.00\t\t\tx\t\nTroll Oil Pipeline I and II\tTroll B and C\tVestprosess (Mongstad refinery)\t3.71\t\t\tx\t\nVestprosess\tKollsnes (Area E)\tVestprosess (Mongstad refinery)\t5.00\t\t\tx\t\nPolarled\tAsta Hansteen/Linnorm\tNyhamna\t5.11\t\t\t\tx\nThe Netherlands\t\t\t\t\t\t\t\nNogat pipeline\tF3-FB\tDen Helder\t5.00\t\t\t\tx\nWGT K13-Den Helder\tK13A\tDen Helder\t4.66\t\t\t\tx\nWGT K13-Extension\tMarkham\tK13 (via K4/K5)\t23.00\t\t\t\tx\nUnited Kingdom\t\t\t\t\t\t\t\nAlwyn Liquid Export Line\tAlwyn North\tCormorant\t100.00\t\tx\tx\t\nBruce Liquid Export Line\tBruce\tForties (Unity)\t43.25\t\t\tx\t\nCentral Graben Liquid Export Line (LEP)\tElgin-Franklin\tETAP\t15.89\t\t\tx\t\nFrigg System : UK line\tAlwyn North Bruce and others\tSt. Fergus (Scotland)\t100.00\t\tx\t\tx\nNinian Pipeline System\tNinian\tSullom Voe\t16.00\t\t\tx\t\nShearwater Elgin Area Line (SEAL)\tElgin-Franklin Shearwater\tBacton\t25.73\t\t\t\tx\nSEAL to Interconnector Link (SILK)\tBacton\tInterconnector\t54.66\t\tx\t\tx\nAFRICA\t\t\t\t\t\t\t\nGabon\t\t\t\t\t\t\t\nMandji Pipes\tMandji fields\tCap Lopez Terminal\t100.00\t(a)\tx\tx\t\nRabi Pipes\tRabi fields\tCap Lopez Terminal\t100.00\t(a)\tx\tx\t\nAMERICAS\t\t\t\t\t\t\t\nArgentina\t\t\t\t\t\t\t\nTGN\tNetwork (Northern Argentina)\t\t15.40\t\t\t\tx\nTGM\tTGN\tUruguyana (Brazil)\t32.68\t\t\t\tx\nBrazil\t\t\t\t\t\t\t\nTBG\tBolivia-Brazil border\tPorto Alegre via São Paulo\t9.67\t\t\t\tx\nASIA-PACIFIC\t\t\t\t\t\t\t\nYadana\tYadana (Myanmar)\tBan-I Tong (Thai border)\t31.24\t\tx\t\tx\nREST OF WORLD\t\t\t\t\t\t\t\nBTC\tBaku (Azerbaijan)\tCeyhan (Turkey Mediterranean)\t5.00\t\t\tx\t\n", "q10k_tbl_17": "As of December 31 (kb/d)\t2014\t2013\t2012\nNine refineries operated by Group companies:\t\t\t\nNormandy (100%)\t247\t247\t247\nProvence-La Mède (100%)\t153\t153\t153\nDonges (100%)\t219\t219\t219\nFeyzin (100%)\t109\t109\t109\nGrandpuits (100%)\t101\t101\t101\nAntwerp (100%)\t338\t338\t338\nLeuna (100%)\t227\t227\t227\nLindsey - Immingham (100%)\t207\t207\t207\nPort-Arthur (100%)\t169\t169\t169\nSubtotal\t1770\t1770\t1770\nOther refineries in which the Group has equity stakes(b)\t417\t272\t278\nTotal\t2187\t2042\t2048\n", "q10k_tbl_18": "(kb/d)\t2014\t2013\t2012\nGasoline\t344\t340\t351\nAviation fuel(b)\t148\t146\t153\nDiesel and heating oils\t787\t739\t734\nHeavy fuels\t134\t133\t160\nOther products\t329\t322\t338\nTotal\t1742\t1680\t1736\n", "q10k_tbl_19": "On crude and other feedstock(a)(b)\t2014\t2013\t2012\nFrance\t77%\t78%\t82%\nRest of Europe\t88%\t87%\t88%\nAmericas\t106%\t100%\t99%\nAsia and the Middle East\t50%\t75%\t67%\nAfrica\t77%\t78%\t75%\nAverage\t81%\t84%\t86%\n", "q10k_tbl_20": "\t2014\t\t\t\t2013\t2012\nAs of December 31 (in thousands of tons)\tEurope\tNorth America\tAsia and Middle East(a)\tWorldwide\tWorldwide\tWorldwide\nOlefins(b)\t4949\t1345\t1498\t7791\t7654\t8039\nAromatics(c)\t2893\t1512\t2368\t6773\t5635\t5795\nPolyethylene\t1120\t445\t773\t2338\t2289\t2239\nPolypropylene\t1350\t1200\t400\t2950\t2895\t2875\nPolystyrene\t597\t700\t508\t1805\t1530\t1595\nOther(d)\t0\t0\t63\t63\t63\t358\nTotal\t10909\t5202\t5609\t21720\t20065\t20900\n", "q10k_tbl_21": "(kb/d)\t2014\t2013\t2012\nGroup's worldwide liquids production\t1034\t1167\t1220\nPurchased by Trading from Exploration & Production\t791\t916\t976\nPurchased by Trading from external suppliers\t2227\t1994\t1904\nTotal of Trading's supply\t3018\t2910\t2880\nSales by Trading to Refining & Chemicals and Marketing & Services segments\t1520\t1556\t1569\nSales by Trading to external customers\t1498\t1354\t1311\nTotal of Trading's sales\t3018\t2910\t2880\nTotal of Trading's refined products sales\t1854\t1628\t1608\n", "q10k_tbl_22": "\t\t2014\t2013\t2012\t2014/13\tmin 2014\t\tmax 2014\t\nBrent ICE - 1st Line(a)\t($/b)\t99.45\t108.70\t111.68\t-8.5%\t57.33\t(Dec 29)\t115.06\t(Jun 19)\nBrent ICE - 12th Line(b)\t($/b)\t98.30\t103.04\t106.66\t-4.6%\t65.50\t(Dec 16)\t109.19\t(Jun 24)\nBackwardation time structure (12th - 1st)\t($/b)\t1.15\t5.67\t5.01\t-79.7%\t7.00\t(Jun 13)\t-8.37\t(Dec 30)\nWTI NYMEX - 1st Line(a)\t($/b)\t92.91\t98.05\t94.15\t-5.2%\t53.27\t(Jun 24)\t107.26\t(Jan 02)\nWTI vs. Brent 1st Line\t($/b)\t-6.54\t-10.66\t-17.53\t-38.7%\t-14.95\t(Jan 13)\t1.11\t(Nov 27)\nGasoil ICE - 1st Line(a)\t($/t)\t840.09\t918.98\t953.42\t-8.6%\t512.25\t(Dec 30)\t940.75\t(Jan 01)\nICE Gasoil vs ICE Brent\t($/b)\t13.31\t14.65\t16.30\t-9.1%\t6.85\t(Jun 12)\t18.00\t(Nov 28)\nVLCC Ras Tanura Chiba - BITR(c)\t($/t)\t13.32\t11.83\t12.82\t12.7%\t8.98\t(May 30)\t22.64\t(Dec 17)\n", "q10k_tbl_23": "\t\t2014\t2013\t2012\tmin 2014\t\tmax 2014\t\nVLCC Ras Tanura Chiba - BITR(a)\t($/t)\t13.32\t11.83\t12.82\t8.98\t(May 30)\t22.64\t(Dec 17)\nSuezmax Bonny Philadelphia - BITR\t($/t)\t16.29\t13.41\t14.44\t11.36\t(Feb 13)\t31.83\t(Nov 19)\nAframax Sullom Voe Wilhemshaven - BITR\t($/t)\t8.46\t7.02\t6.48\t6.44\t(Mar 7)\t17.01\t(Jan 22)\n", "q10k_tbl_24": "(kb/d)\t2014\t2013\t2012\nEurope\t1100\t1139\t1160\nFrance\t547\t575\t566\nEurope excluding France\t553\t564\t594\nAmericas\t78\t86\t53\nAfrica\t380\t326\t307\nRest of the World(a)\t211\t198\t190\nTotal excluding international trading and refinery bulk sales\t1769\t1749\t1710\nInternational trading\t1385\t1155\t1161\nRefinery bulk sales(b)\t615\t617\t690\nTotal including international trading and refinery bulk sales\t3769\t3521\t3561\n", "q10k_tbl_25": "As of December 31\t2014\t2013\t2012\nEurope(a)\t8557\t8875\t9111\nFrance(b)\t3727\t3813\t3911\nEurope excluding France\t4830\t5062\t5200\nof which TotalErg\t2749\t3017\t3161\nAfrica\t3991\t3726\t3601\nRest of the world(c)\t2281\t2219\t2013\nAS24 network\t740\t731\t700\nTotal\t15569\t15551\t15425\n", "q10k_tbl_26": "(M$)\t2014\t2013\t2012\nUpstream\t26520\t29750\t25200\nRefining & Chemicals\t2022\t2708\t2502\nMarketing & Services\t1818\t1814\t1671\nCorporate\t149\t159\t102\nTotal\t30509\t34431\t29475\n", "q10k_tbl_27": "\tWHRS 2014\t\tWHRS 2013\t\tWHRS 2012\t\n% of companies implementing part-time work\t50\t%(a)\t63\t%(b)\t69\t%(b)\n% of employees within these companies working part-time following their request\t6%\t\t5.2%\t\t5%\t\n% of companies offering the option of teleworking\t16\t%(a)\t22%\t\t19%\t\n% of employees involved in teleworking of those given the option\t2.1%\t\t2.3%\t\t2%\t\n", "q10k_tbl_28": "\tWHRS 2014\tWHRS 2013\t\tWHRS 2012\n% of companies with employee representation\t75.5%\t71.6\t%(a)\t79.9%\n% of employees covered by collective agreements\t67.8%\t67.0%\t\t67.7%\n", "q10k_tbl_29": "Average number of training days/year per employee (excluding \"Companion\" apprenticeships and e-learning)\tWHRS 2014\tWHRS 2013(a)\tWHRS 2012(a)\nGroup average\t4.2\t4.0\t4.3\nBy segment\t\t\t\nUpstream\t10.4\t10.7\t9.6\nExploration & Production\t10.8\t11.2\t10.1\nGas & Power\t2.6\t2.3\t5.3\nRefining & Chemicals\t3.5\t2.9\t3.2\nRefining & Chemicals\t3.6\t2.9\t3.2\nTrading & Shipping\t1.4\t1.6\t1.7\nMarketing & Services\t2.2\t2.7\t3.3\nMarketing & Services\t2.9\t3.4\t3.7\nNew Energies\t0.3\t0.6\t1.6\nCorporate\t6.0\t5.5\t4.7\nBy region\t\t\t\nAfrica\t7.6\t8.6\t8.4\nNorth America\t3.1\t3.0\t6.1\nLatin America\t5.3\t4.1\t3.6\nAsia-Pacific\t4.6\t4.1\t5.2\nEurope\t3.5\t3.2\t3.4\nMiddle East\t6.9\t9.4\t5.2\nOceania\t0.1\t2.3\t2.9\nFrench Overseas Departments and Territories\t1.6\t2.2\t2.4\nBreakdown by type of training given\t\t\t\nTechnical\t35%\t34%\t35%\nHealth Safety Environment Quality (HSEQ)\t21%\t22%\t26%\nLanguage\t14%\t16%\t14%\nOther (management personal development inter-cultural etc.)\t30%\t28%\t26%\n", "q10k_tbl_30": "% of women\t2014\t2013\t2012\nIn recruitment on open-ended contracts\t33.2%\t35.9%\t31.0%\nEmployees in management recruitment/JL(1) ³10\t27.6%\t29.2%\t27.0%\nEmployees\t31.1%\t30.8%\t30.0%\nEmployees in management/JL ³10\t24.5%\t23.9%\t23.5%\nSenior executives\t17.6%\t17.0%\t16.3%\n", "q10k_tbl_31": "% of employees of non-French nationality\t2014\t2013\t2012\nIn recruitment on open-ended contracts\t90.5%\t90.0%\t88.2%\nEmployees in management recruitment/JL ³10\t75.8%\t73.1%\t71.4%\nEmployees\t67.8%\t66.6%\t64.4%\nEmployees in management/JL ³10\t61.2%\t60.9%\t59.3%\nSenior executives\t27.2%\t26.2%\t24.6%\n", "q10k_tbl_32": "\t2014\t2013\t2012\nTRIR(a): number of lost time injuries per million hours worked\t1.3\t1.6\t1.8\nLTIR(b): number of recorded injuries per million hours worked\t0.7\t0.9\t1.0\nSIR(c): average number of days lost per lost time injury\t29.7\t32.0\t27.2\n", "q10k_tbl_33": "\t2014\t2013\t2012\nPercentage of companies included in the WHRS offering employees regular medical monitoring\t97%\t95%\t98%\nNumber of occupational illnesses recorded in the year (in accordance with local regulations) per million hours worked\t0.81\t0.68\t0.86\n", "q10k_tbl_34": "\t2014\t2013\t2012\nSO2 emissions (kt)\t65\t75\t79\nNOx emissions (kt)\t93\t91\t88\nHydrocarbons in discharged water (t onshore and coastal excluding Specialty Chemicals)\t295\t306\t437\nChemical oxygen demand (COD) in water discharged by specialty chemicals (t)\t172\t270\t275\n", "q10k_tbl_35": "\t2014\t2013\t2012\nVolume of hazardous waste treated outside the Group (kt)\t223\t232\t237\n", "q10k_tbl_36": "\t2014\t2013\t2012\nRecycling\t47%\t37%\t38%\nWaste-to-energy recovery\t9%\t7%\t9%\nIncineration\t8%\t12%\t12%\nLandfill\t20%\t23%\t20%\n", "q10k_tbl_37": "\t2014\t2013\t2012\nNumber of hydrocarbon spills with an environmental impact\t129\t169\t219\nTotal volume of hydrocarbon spills with an environmental impact (thousands of m3)\t5.8\t1.8\t2.0\n", "q10k_tbl_38": "\t2014\t2013\nNumber of sites whose risk analysis identified at least one scenario of major accidental pollution to surface water\t155\t150\nProportion of those sites with an operational anti-pollution plan\t90%\t87%\nProportion of those sites that have performed at least one anti-pollution exercise during the year\t82%\t82%\n", "q10k_tbl_39": "\t2014\t\t2013\t2012\nFresh water withdrawals excluding cooling water (million m3)\t112\t\t126\t143\nPercentage of Group sites excluding Marketing located in water-stressed areas\t53%\t(a)\t49%\t49%\n", "q10k_tbl_40": "Raw material loss rate\t2014\t2013\t2012\nHydrocarbon production business\t2.4%\t2.5%\t2.8%\nRefining business\t0.5%\t0.5%\t0.5%\n", "q10k_tbl_41": "\t2014\t2013\t2012\nOperated direct GHG emissions (Mt CO2 equivalent) (100% of emissions from sites operated by the Group)\t44\t46\t47\nDaily volumes of gas flared (million m³ per day)\t9.8\t10.8\t10.8\nGroup share of direct GHG emissions (Mt CO2 equivalent)\t54\t51\t53\n", "q10k_tbl_42": "\t2014\t2013\t2012\nNet primary energy consumption (TWh)\t153\t157\t159\nGroup Energy Efficiency Index (base 100 in 2012)\t101.0\t102.3\t100\n", "q10k_tbl_43": "As of and for the year ended December 31 (M$ except per share data)\t2014\t2013\t2012\nNon-Group sales\t236122\t251725\t257037\nNet income (Group share)\t4244\t11228\t13648\nDiluted earnings per share\t1.86\t4.94\t6.02\n", "q10k_tbl_44": "(M$)\t2014\t2013\t2012\nNon-Group sales\t23484\t26367\t28449\nOperating income(a)\t10494\t22658\t26031\nEquity in income (loss) of affiliates and other items\t4302\t2688\t3005\nTax on net operating income\t(8799)\t(13706)\t(15879)\nNet operating income(a)\t5997\t11640\t13157\nAdjustments affecting net operating income\t4507\t810\t1159\nAdjusted net operating income(b)\t10504\t12450\t14316\nInvestments\t26520\t29750\t25200\nDivestments\t5764\t5786\t3595\nROACE\t10.7%\t13.8%\t18.1%\n", "q10k_tbl_45": "(M$)\t2014\t2013\t2012\nNon-Group sales\t106124\t114483\t117067\nOperating income(a)\t(1691)\t177\t1350\nEquity in income (loss) of affiliates and other items\t90\t181\t271\nTax on net operating income\t391\t(612)\t(337)\nNet operating income(a)\t(1210)\t(254)\t1284\nAdjustments affecting net operating income\t3699\t2111\t484\nAdjusted net operating income(b)\t2489\t1857\t1768\nContribution of Specialty Chemicals(c)\t629\t583\t491\nInvestments\t2022\t2708\t2502\nDivestments\t192\t365\t392\nROACE\t15.0%\t9.2%\t8.7%\n", "q10k_tbl_46": "(M$)\t2014\t2013\t2012\nNon-Group sales\t106509\t110873\t111281\nOperating income(a)\t1158\t2014\t1359\nEquity in income (loss) of affiliates and other items\t(140)\t55\t(252)\nTax on net operating income\t(344)\t(560)\t(488)\nNet operating income(a)\t674\t1509\t619\nAdjustments affecting net operating income\t580\t45\t450\nAdjusted net operating income(b)\t1254\t1554\t1069\nContribution of New Energies\t10\t0\t(212)\nInvestments\t1818\t1814\t1671\nDivestments\t163\t186\t196\nROACE\t13.3%\t16.1%\t11.8%\n", "q10k_tbl_47": "(M$)\t2014\t2013\t2012\nCash flow from operating activities\t25608\t28513\t28858\nIncluding (increase) decrease in working capital\t4480\t2525\t1392\nCash flow used in investing activities\t(24319)\t(28032)\t(21932)\nTotal expenditures\t(30509)\t(34431)\t(29475)\nTotal divestments\t6190\t6399\t7543\nCash flow used in financing activities\t5909\t(1521)\t(4817)\nNet increase (decrease) in cash and cash equivalents\t7198\t(1040)\t2109\nEffect of exchange rates\t(2217)\t831\t153\nCash and cash equivalents at the beginning of the period\t20200\t20409\t18147\nCash and cash equivalents at the end of the period\t25181\t20200\t20409\n", "q10k_tbl_48": "Payment due by period (M$)\tLess than 1 year\t1-3 years\t3-5 years\tMore than 5 years\tTotal\nNon-current debt obligations(a)\t0\t9275\t9184\t25385\t43844\nCurrent portion of non-current debt obligations(b)\t4411\t0\t0\t0\t4411\nFinance lease obligations(c)\t40\t66\t32\t220\t358\nAsset retirement obligations(d)\t651\t1576\t854\t10040\t13121\nOperating lease obligations(c)\t1218\t1746\t981\t1675\t5620\nPurchase obligations(e)\t19987\t17856\t16052\t106942\t160837\nTotal\t26307\t30519\t27103\t144262\t228191\n", "q10k_tbl_49": "\tFiscal year ended December 31 2013\t\tFiscal year ended December 31 2014\t\nGross amount (€)\tAmounts due\tAmounts paid\tAmounts due\tAmounts paid\nThierry Desmarest Chairman of the Board since October 22 2014\t\t\t\t\nDirectors' fees\t89500\t0\t101500\t89500\nOther compensation(a)\tnone\tnone\tnone\tnone\nPatrick Pouyanné Chief Executive Officer since October 22 2014 (non-director)\t\t\t\t\nDirectors' fees\tn/a\tn/a\tnone\tnone\nOther compensation\tn/a\tn/a\t(b)\t(b)\nChristophe de Margerie Chairman and Chief Executive Officer until October 20 2014\t\t\t\t\nDirectors' fees\tnone\tnone\tnone\tnone\nOther compensation\t(b)\t(b)\t(b)\t(b)\nPatrick Artus director\t\t\t\t\nDirectors' fees\t79500\t0\t101500\t79500\nOther compensation\tnone\t0\tnone\tnone\nPatricia Barbizet director\t\t\t\t\nDirectors' fees\t134500\t0\t136000\t134500\nOther compensation\tnone\t0\tnone\tnone\nMarc Blanc director representing employees since November 4 2014\t\t\t\t\nDirectors' fees(c)\tn/a\tn/a\t8178\t0\nOther compensation\tn/a\tn/a\t72940\t72940\nGunnar Brock director\t\t\t\t\nDirectors' fees\t102500\t0\t115000\t102500\nOther compensation\tnone\t0\tnone\tnone\nClaude Clément director representing employee shareholders until May 17 2013\t\t\t\t\nDirectors' fees\t31000\t0\tn/a\tn/a\nOther compensation\t92153\t92153\tn/a\tn/a\nMarie-Christine Coisne-Roquette director\t\t\t\t\nDirectors' fees\t129500\t0\t126000\t129500\nOther compensation\tnone\t0\tnone\tnone\nBertrand Collomb director\t\t\t\t\nDirectors' fees\t67500\t0\t81000\t67500\nOther compensation\tnone\t0\tnone\tnone\nPaul Desmarais jr director\t\t\t\t\nDirectors' fees\t47000\t0\t56000\t47000\nOther compensation\tnone\t0\tnone\tnone\nAnne-Marie Idrac director\t\t\t\t\nDirectors' fees\t75500\t0\t77000\t75500\nOther compensation\tnone\t0\tnone\tnone\nCharles Keller director representing employee shareholders since May 17 2013\t\t\t\t\nDirectors' fees(c)\t36000\t0\t93083\t36000\nOther compensation\t64586\t64586\t74244\t74244\nBarbara Kux director\t\t\t\t\nDirectors' fees\t79000\t0\t104000\t79000\nOther compensation\tnone\t0\tnone\tnone\nGérard Lamarche director\t\t\t\t\nDirectors' fees\t143500\t0\t156000\t143500\nOther compensation\tnone\t0\tnone\tnone\nAnne Lauvergeon director\t\t\t\t\nDirectors' fees\t65500\t0\t68500\t65500\nOther compensation\tnone\t0\tnone\tnone\nClaude Mandil director until May 16 2014\t\t\t\t\nDirectors' fees\t93000\t0\t42951\t93000\nOther compensation\tnone\t0\tnone\tnone\nMichel Pébereau director\t\t\t\t\nDirectors' fees\t77500\t0\t74000\t77500\nOther compensation\tnone\t0\tnone\tnone\nTotal\t1407739\t156739\t1487896\t1367184\n", "q10k_tbl_50": "\tMaximum percentage\t\tPercentage allocated\t\nEconomic parameters:\t\t100%\t\t68.58\n- ROE\t50%\t\t34.37\t\n- Net earnings per share\t25%\t\t16.35\t\n- Net income\t25%\t\t17.86\t\nHSE/CSR parameter\t\t16%\t\t14\nReduction in operating costs\t\t16%\t\t14\nPersonal contribution\t\t33%\t\t30\nTotal\t\t165%\t\t126.58%\n", "q10k_tbl_51": "\tFiscal year ended December 31 2013\t\tFiscal year ended December 31 2014\t\n(€)\tAmount due for the fiscal year\tAmount paid during the fiscal year(a)\tAmount due for the fiscal year\tAmount paid during the fiscal year(a)\nThierry Desmarest Chairman of the Board since October 22 2014\t\t\t\t\nFixed compensation\tn/a\tn/a\t0\t0\nAnnual variable compensation\tn/a\tn/a\t0\t0\nMulti-year variable compensation\tn/a\tn/a\t0\t0\nExtraordinary compensation\tn/a\tn/a\t0\t0\nDirectors' fees(b)\tn/a\tn/a\t101500\t0\nIn-kind benefits\tn/a\tn/a\t0\t0\nTotal\tn/a\tn/a\t101500\t0\nPatrick Pouyanné Chief Executive Officer since October 22 2014(c)\t\t\t\t\nFixed compensation\tn/a\tn/a\t233425\t233425\nAnnual variable compensation(d)\tn/a\tn/a\t295469\t0\nMulti-year variable compensation\tn/a\tn/a\t0\t0\nExtraordinary compensation\tn/a\tn/a\t0\t0\nDirectors' fees\tn/a\tn/a\t0\t0\nIn-kind benefits(e)\tn/a\tn/a\t23551\t23551\nTotal\tn/a\tn/a\t552445\t256976\nChristophe de Margerie Chairman and Chief Executive Officer until October 20 2014\t\t\t\t\nFixed compensation\t1500000\t1500000\t1208219\t1208219\nAnnual variable compensation\t1987200\t1741000\t1505199\t1987200\nMulti-year variable compensation\t0\t0\t0\t0\nExtraordinary compensation\t0\t0\t0\t0\nDirectors' fees\t0\t0\t0\t0\nIn-kind benefits(f)\t56472\t56472\t53350\t53350\nTotal\t3543672\t3297472\t2766768\t3248769\n", "q10k_tbl_52": "For the year ended\t2013\t2014\t\nThierry Desmarest Chairman of the Board since October 22 2014\t\t\t\nCompensation due in respect of the fiscal year (€) (detailed in AMF Table No. 2 above)\tn/a\t101500\t\nValuation of multi-year variable compensation awarded during the fiscal year (€)\tn/a\t0\t\nAccounting valuation of the stock options awarded during the fiscal year (€)\tn/a\t0\t\nAccounting valuation of performance shares awarded during the fiscal year (€)(a)\tn/a\t0\t\nNumber of performance shares awarded during the fiscal year\tn/a\t0\t\nTotal\tn/a\t101500\t\nPatrick Pouyanné Chief Executive Officer since October 22 2014\t\t\t\nCompensation due in respect of the fiscal year (€) (detailed in AMF Table No. 2 above)\tn/a\t552445\t\nValuation of multi-year variable compensation awarded during the fiscal year (€)\tn/a\t0\t\nAccounting valuation of the stock options awarded during the fiscal year (€)\tn/a\t0\t\nAccounting valuation of performance shares awarded during the fiscal year (€)(a)\tn/a\t1116500\t(b)\nNumber of performance shares awarded during the fiscal year\tn/a\t25000\t(b)\nTotal\tn/a\t1668945\t\nChristophe de Margerie Chairman and Chief Executive Officer until October 20 2014\t\t\t\nCompensation due in respect of the fiscal year (€) (detailed in AMF Table No. 2 above)\t3543672\t2766768\t\nValuation of multi-year variable compensation awarded during the fiscal year (€)\t0\t0\t\nAccounting valuation of the stock options awarded during the fiscal year (€)\t0\t0\t\nAccounting valuation of performance shares awarded during the fiscal year (€)(a)\t1729920\t2143680\t\nNumber of performance shares awarded during the fiscal year\t53000\t48000\t\nTotal\t5273592\t4910448\t\n", "q10k_tbl_53": "\tPlan date and No.\tNumber of shares awarded during fiscal year\t\tValuation of shares (€)(a)\tAcquisition date\tDate of transferability\tPerformance conditions\nThierry Desmarest Chairman of the Board since October 22 2014\t0\t0\t\t0\t0\t0\t0\nPatrick Pouyanné(b) Chief Executive Officer since October 22 2014\t2014 Plan 07/29/2014\t25000\t\t1116500\t07/30/2017\t07/30/2019\tFor 100% of the shares the condition is based on the Group's average ROE in 2014 2015 and 2016.\nChristophe de Margerie Chairman and Chief Executive Officer until October 20 2014\t2014 Plan 07/29/2014\t48000\t(c)\t2143680\t07/30/2017\t07/30/2019\tFor 50% of the shares the condition was based on the Group's average ROE in 2014 2015 and 2016. For 50% of the shares the condition was based on the Group's average ROACE in 2014 2015 and 2016.\n", "q10k_tbl_54": "Executive directors\tEmployment contract\tSupplementary pension plan\tPayments or benefits due or likely to be due upon termination or change in duties\tBenefits related to a non-compete agreement\nThierry Desmarest Chairman of the Board Start of term of office: October 22 2014 End of current term of office: December 18 2015\tNO\t(a)\tNO\tNO\nPatrick Pouyanné Chief Executive Officer Start of term of office: October 22 2014 End of current term of office: Shareholders' Meeting held in 2017 to approve the financial statements for fiscal year 2016\tNO\tYES Internal defined supplementary pension plan and defined contribution pension plan known as RECOSUP\tYES(b) Termination payment Retirement benefit\tNO\nChristophe de Margerie(c) Chairman and Chief Executive Officer Start of term of office: February 2007 End of term of office: October 20 2014\tNO\tYES Internal defined supplementary pension plan and defined contribution pension plan known as RECOSUP\tYES Termination payment Retirement benefit\tNO\n", "q10k_tbl_55": "\tPlan date and No.\tNumber of options exercised during fiscal year\tExercise price (€)\nThierry Desmarest Chairman of the Board since October 22 2014\t0\t0\t0\nPatrick Pouyanné(a) Chief Executive Officer since October 22 2014\t2006 Plan - 07/18/2006 2009 Plan - 09/15/2009\t21760 30000\t50.60 39.90\nChristophe de Margerie Chairman and Chief Executive Officer until October 20 2014\t0\t0\t0\n", "q10k_tbl_56": "\tPlan date and No.\tNumber of shares awarded during fiscal year\tValuation of shares (€)(a)\tAcquisition date\tDate of transferability\tPerformance conditions\nThierry Desmarest Chairman of the Board since October 22 2014\t0\tnone\t0\t0\t0\t0\nPatrick Pouyanné(b) Chief Executive Officer since October 22 2014\t2014 Plan 07/29/2014\t25000\t1116500\t07/30/2017\t07/30/2019\tFor 100% of shares the condition is based on the Group's average ROE in fiscal years 2014 2015 and 2016.\nChristophe de Margerie Chairman and Chief Executive Officer until October 20 2014\t2014 Plan 07/29/2014\t48000\t2143680\t07/30/2017\t07/30/2019\tFor 50% of shares the condition is based on the Group's average ROE in fiscal years 2014 2015 and 2016. For 50% of shares the condition is based on the Group's average ROACE in fiscal years 2014 2015 and 2016.\nMarc Blanc Director representing employees since November 4 2014\t0\tnone\t0\t0\t0\t0\nCharles Keller Director representing employee shareholders since May 17 2013\t2014 Plan 07/29/2014\t400\t17864\t07/30/2017\t07/30/2019\tShares in excess of the first 100 shares are subject to a condition based on the Group's average ROE in fiscal years 2014 2015 and 2016.\nTotal\t\t73400\t3278044\t\t\t\n", "q10k_tbl_57": "\tPlan date and No.\tNumber of shares that have become available during the fiscal year\tVesting conditions\nThierry Desmarest Chairman of the Board since October 22 2014\t0\t0\t0\nPatrick Pouyanné Chief Executive Officer since October 22 2014\t2010 Plan 09/14/2010\t2000\tn/a\nChristophe de Margerie Chairman and Chief Executive Officer until October 20 2014\t0\t0\t0\nMarc Blanc Director representing employees since November 4 2014\t0\t0\tn/a\nCharles Keller Director representing employee shareholders since May 17 2013\t0\t0\tn/a\n", "q10k_tbl_58": "\t\tNumber of beneficiaries\tNumber of notified options\tPercentage\t\tAverage number of options per beneficiary\n2006 Plan: Subscription options\tExecutive officers(a)\t28\t1447000\t25.3%\t\t51679\nDecision of the Board of Directors on July 18 2006 Exercise price: €50.60; discount: 0.0%\tOther senior executives Other employees Total\t304 2253 2585\t2120640 2159600 5727240\t37.0 37.7 100\t% % %\t6976 959 2216\n2007 Plan: Subscription options\tExecutive officers(a)\t27\t1329360\t22.8%\t\t49236\nDecision of the Board of Directors on July 17 2007 Exercise price: €60.10; discount: 0.0%\tOther senior executives Other employees Total\t298 2401 2726\t2162270 2335600 5827230\t37.1 40.1 100\t% % %\t7256 973 2138\n2008 Plan(b): Subscription options\tExecutive officers(a)\t26\t1227500\t27.6%\t\t47212\nAwarded on October 9 2008 by decision of the Board of Directors on September 9 2008 Exercise price: €42.90; discount: 0.0%\tOther senior executives Other employees Total\t298 1690 2014\t1988420 1233890 4449810\t44.7 27.7 100\t% % %\t6673 730 2209\n2009 Plan(b): Subscription options\tExecutive officers(a)\t26\t1201500\t27.4%\t\t46212\nDecision of the Board of Directors on September 15 2009 Exercise price: €39.90; discount: 0.0%\tOther senior executives Other employees Total\t284 1742 2052\t1825540 1360460 4387500\t41.6 31.0 100\t% % %\t6428 781 2138\n2010 Plan(b): Subscription options\tExecutive officers(a)\t25\t1348100\t28.2%\t\t53924\nDecision of the Board of Directors on September 14 2010 Exercise price: €38.20; discount: 0.0%\tOther senior executives Other employees Total\t282 1790 2097\t2047600 1392720 4788420\t42.8 29.0 100\t% % %\t7261 778 2283\n2011 Plan(b): Subscription options\tExecutive officers(a)\t29\t846600\t55.7%\t\t29193\nDecision of the Board of Directors on September 14 2011 Exercise price: €33.00; discount: 0.0%\tOther senior executives Other employees Total\t177 - 206\t672240 - 1518840\t44.3 100\t% - %\t3798 - 7373\n", "q10k_tbl_59": "\t2006 Plan\t2007 Plan\t2008 Plan\t2009 Plan\t2010 Plan\t2011 Plan\tTotal\nType of options\tSubscription options\tSubscription options\tSubscription options\tSubscription options\tSubscription options\tSubscription options\t\nDate of the Shareholders' meeting\t05/14/2004\t05/11/2007\t05/11/2007\t05/11/2007\t05/21/2010\t05/21/2010\t\nDate of Board meeting/grant date(a)\t07/18/2006\t07/17/2007\t10/09/2008\t09/15/2009\t09/14/2010\t09/14/2011\t\nTotal number of options awarded by the Board including:\t5727240\t5937230\t4449810\t4387620\t4788420\t1518840\t26809160\nExecutive and non-executive directors(b)\t421760\t334160\t230000\t230000\t280000\t190400\t1686320\n- T. Desmarest\t240000\t110000\t0\t0\t0\t0\t350000\n- P. Pouyanné\t21760\t24160\t30000\t30000\t40000\t30400\t176320\n- C. de Margerie(c)\t160000\t200000\t200000\t200000\t240000\t160000\t1160000\n- M. Blanc\tn/a\tn/a\tn/a\tn/a\tn/a\tn/a\t0\n- C. Keller\tn/a\tn/a\tn/a\tn/a\tn/a\tn/a\t0\nDate as of which the options may be exercised:\t07/19/2008\t07/18/2009\t10/10/2010\t09/16/2011\t09/15/2012\t09/15/2013\t\nExpiry date\t07/18/2014\t07/17/2015\t10/09/2016\t09/15/2017\t09/14/2018\t09/14/2019\t\nExercise price (€)(d)\t50.60\t60.10\t42.90\t39.90\t38.20\t33.00\t\nCumulative number of options exercised as of December 31 2014\t3831334\t0\t1116054\t1343831\t996005\t655365\t7942589\nCumulative number of options canceled as of December 31 2014\t1895906\t89265\t117872\t32520\t91197\t4400\t2231160\nNumber of options:\t\t\t\t\t\t\t\n- outstanding as of January 1 2014\t5620626\t5847965\t4219198\t3989378\t4537852\t1141094\t25356113\n- Awarded in 2014\t0\t0\t0\t0\t0\t0\t0\n- Canceled in 2014(e)\t1797912\t0\t0\t0\t0\t0\t1797912\n- Exercised in 2014\t3822714\t0\t1003314\t978109\t836634\t282019\t6922790\nOutstanding as of December 31 2014\t0\t5847965\t3215884\t3011269\t3701218\t859075\t16635411\n", "q10k_tbl_60": "\tTotal number of options awarded/ exercised\tAverage weighted exercise price (€)\t2006 Plan 07/18/2006\t2008 Plan 10/09/2008(a)\t2009 Plan 09/15/2009\t2010 Plan 09/14/2010\t2011 Plan 09/14/2011\nOptions awarded in fiscal year 2014 by TOTAL S.A. and its affiliates(b) to the ten TOTAL S.A. employees (other than executive or non executive directors) receiving the largest number of options (aggregate - not individual information)\t0\t0\t0\t0\t0\t0\t0\nOptions held on TOTAL S.A. and its affiliates(b) and exercised in fiscal year 2014 by the ten TOTAL S.A. employees (other than executive or non executive directors at the date of the exercises) with the largest number of options purchased or subscribed (aggregate - not individual information)(c)\t638000\t44.87\t310760\t93900\t84000\t114600\t34740\n", "q10k_tbl_61": "\t\tNumber of beneficiaries\tNumber of notified shares\tPercentage\tAverage number of shares per beneficiary\n2010 Plan(a)(d)\tExecutive officers(b)\t24\t46780\t1.6%\t1949\nDecision of the Board on September 14 2010\tOther senior executives\t283\t343080\t11.4%\t1212\n\tOther employees\t10074\t2620151\t87.0%\t260\n\tTotal\t10381\t3010011\t100%\t290\n2011 Plan(a)\tExecutive officers(b)\t29\t184900\t5.1%\t6376\nDecision of the Board on September 14 2011\tOther senior executives\t274\t624000\t17.1%\t2277\n\tOther employees\t9658\t2840870\t77.8%\t294\n\tTotal\t9961\t3649770\t100%\t366\n2012 Plan(a)\tExecutive officers(b)\t33\t416100\t9.7%\t12609\nDecision of the Board on July 26 2012\tOther senior executives\t274\t873000\t20.3%\t3186\n\tOther employees\t9698\t3006830\t70.0%\t310\n\tTotal\t10005\t4295930\t100%\t429\n2013 Plan\tExecutive officers(b)\t32\t422600\t9.5%\t13206\nDecision of the Board on July 25 2013\tOther senior executives\t277\t934500\t20.9%\t3374\n\tOther employees(c)\t9625\t3107100\t69.6%\t323\n\tTotal\t9934\t4464200\t100%\t449\n2014 Plan\tExecutive officers(b)\t32\t421200\t9.4%\t13163\nDecision of the Board on July 29 2014\tOther senior executives\t281\t975300\t21.7%\t3471\n\tOther employees(c)\t9624\t3089800\t68.9%\t321\n\tTotal\t9937\t4486300\t100%\t451\n", "q10k_tbl_62": "\t2010 Plan\t2011 Plan\t2012 Plan\t\t2013 Plan\t\t2014 Plan\t\nDate of the Shareholders' Meeting\t05/16/2008\t05/13/2011\t05/13/2011\t\t05/13/2011\t\t05/16/2014\t\nDate of Board meeting/grant date\t09/14/2010\t09/14/2011\t07/26/2012\t\t07/25/2013\t\t07/29/2014\t\nClosing price on grant date\t€39.425\t€32.690\t€36.120\t\t€40.005\t\t€52.220\t\nAverage repurchase price per share paid by the Company\t€39.110\t€39.580\t€38.810\t\t€40.560\t\t€48.320\t\nTotal number of performance shares awarded including to:\t3010011\t3649770\t4295930\t\t4464200\t\t4486300\t\nExecutive and non executive directors(a)\t240\t16240\t53260\t\t53400\t\t73400\t\n- T. Desmarest\t0\t0\t0\t\t0\t\t0\t\n- P. Pouyanné(b)\t2000\t7000\t22500\t\t22500\t\t25000\t\n- C. de Margerie\t0\t16000\t53000\t(c)\t53000\t(d)\t48000\t(d)\n- M. Blanc\tn/a\tn/a\tn/a\t\tn/a\t\t0\t\n- C. Keller\tn/a\tn/a\tn/a\t\t400\t\t400\t\nStart of the vesting period\t09/14/2010\t09/14/2011\t07/26/2012\t\t07/25/2013\t\t07/29/2014\t\nDefinitive grant date subject to the conditions set out (end of the vesting period)\t09/15/2012\t09/15/2013\t07/27/2014\t\t07/26/2016\t\t07/30/2017\t\nDisposal possible from (end of the mandatory holding period)\t09/15/2014\t09/15/2015\t07/27/2016\t\t07/26/2018\t\t07/30/2019\t\nNumber of performance shares:\t\t\t\t\t\t\t\t\n- Outstanding as of January 1 2014\t0\t0\t4278410\t\t4460390\t\t0\t\n- Notified in 2014\t0\t0\t0\t\t0\t\t4486300\t\n- Canceled in 2014\t0\t0\t(43320)\t\t(22360)\t\t(11270)\t\nDefinitively granted in 2014(e)\t0\t0\t(4235090)\t\t(3570)\t\t0\t\nOutstanding as of December 31 2014\t0\t0\t0\t\t4434460\t\t4475030\t\n", "q10k_tbl_63": "\t2010 Plan (2 + 2)\t2010 Plan (4 + 0)\tTotal\nDate of the Shareholders' Meeting\t05/16/2008\t05/16/2008\t\nDate of Board meeting/grant date(a)\t06/30/2010\t06/30/2010\t\nTotal number of shares awarded including to:\t1506575\t1070650\t2577225\nExecutive and non executive directors(b)\t75\t0\t75\n- P. Pouyanné\t25\t0\t25\n- M. Blanc\t25\t0\t25\n- C. Keller\t25\t\t25\nDefinitive grant date (end of the vesting period)\t07/01/2012\t07/01/2014\t\nDisposal possible from\t07/01/2014\t07/01/2014\t\nNumber of restricted shares\t\t\t\nOutstanding as of January 1 2012\t1479000\t1015525\t2494525\nNotified\t0\t0\t0\nCanceled\t(111725)\t(40275)\t(152000)\nDefinitively granted(c)\t(1367275)\t(350)\t(1367625)\nOutstanding as of January 1 2013\t0\t974900\t974900\nNotified\t0\t0\t0\nCanceled\t100\t(101150)\t(101050)\nDefinitively granted\t(100)\t(275)\t(375)\nOutstanding as of January 1 2014\t0\t873475\t873475\nNotified\t0\t0\t0\nCanceled\t0\t(206225)\t(206225)\nDefinitively granted(d)\t0\t(667250)\t(667250)\nOutstanding as of December 31 2014\t0\t0\t0\n", "q10k_tbl_64": "\tNumber of performance shares notified/definitively awarded\tGrant date\tDefinitive grant date (end of the vesting period)\tAvailability date (end of holding period)\nPerformance share grants approved by the Board of Directors at its meeting on July 29 2014 to the ten TOTAL S.A. employees (other than executive and non executive directors on the date of this decision) receiving the largest number of performance shares(a)(b)\t200000\t07/29/2014\t07/30/2017\t07/30/2019\nPerformance shares definitively awarded in fiscal year 2014 under the performance share grant plan approved by the Board of Directors on July 26 2012 to the ten TOTAL S.A. employees (who were not executive and non executive directors at the time of this decision) receiving the largest number of performance shares(b)(c)\t187800\t07/26/2012\t07/27/2014\t07/27/2016\n", "q10k_tbl_65": "Recommendations not followed\tExplanations - Practice followed by TOTAL\nThe Board of Directors' assessment (paragraph 10.4 of the Code) It is recommended that non-executive directors meet periodically without the participation of the executive or \"in house\" directors. The rules of procedure of the Board of Directors should provide for one meeting of this kind per year during which the performance of the Chairman the Chief Executive Officer and the Deputy Chief Executive Officer(s) would be evaluated and which would be an opportunity to reflect periodically on the future of the Company's management.\tAlthough the rules of procedure of the Board of Directors do not expressly provide that one meeting of the non-executive directors be held per year without the participation of the executive or \"in house\" directors the Board of Directors' practice constitutes a mechanism that has the same effect as the recommendation made in the AFEP-MEDEF Code. In fact at its meeting held each year in February the Board of Directors evaluates the performances of the Chief Executive Officer and where applicable reflects on the future of the Company's management. When these particular matters are reviewed the Chief Executive Officer (who is not a director) as well as the members of the Executive Committee present at the meeting (who are not directors) leave the Board meeting.\nCompensation Committee (point 18.1 of the Code) This committee must be chaired by an independent director.\tThe Chairman of the Compensation Committee is Mr. Pébereau. Mr. Pébereau has exercised his duties as director at TOTAL for more than twelve years and has not requested the renewal of his directorship at the Shareholders' Meeting of May 29 2015. After the Shareholders' Meeting of May 29 2015 the Compensation Committee will consist of Ms. Coisne-Roquette and Messrs. Brock and Artus all three being independent directors.\nCompensation Committee (point 18.1 of the Code) It is recommended that one member of the Committee should be an employee director.\tThe Board of Directors considers it to be desirable that new directors should after a sufficient period sit on a committee in order to familiarize themselves with the functioning of the Board and so that the Board is able to form a preliminary appraisal of their potential contribution to the various committees.\nSupplementary pension plan (point 23.2.6 of the Code) Supplementary pension schemes with defined benefits must be subject to the condition that the beneficiary must be a director or employee of the Company when claiming his or her pension rights pursuant to the applicable rules.\tIt appeared justified not to deprive the concerned beneficiaries of the benefit of the pension commitments made by the Company in special cases of the disability or departure of a beneficiary over 55 years of age at the initiative of the Group.\n", "q10k_tbl_66": "Group employees as of December 31\t2014\t2013\t2012\nTotal number of employees\t100307\t98799\t97126\nWomen\t31.1%\t30.8%\t30.0%\nMen\t68.9%\t69.2%\t70.0%\nFrench\t32.2%\t33.4%\t35.6%\nOther nationalities\t67.8%\t66.6%\t64.4%\nBreakdown by business segment\t\t\t\nUpstream\t\t\t\nExploration & Production\t17.2%\t17.1%\t16.9%\nGas & Power\t1.1%\t1.1%\t1.7%\nRefining & Chemicals\t\t\t\nRefining & Chemicals\t50.9%\t51.5%\t52.5%\nTrading & Shipping\t0.6%\t0.6%\t0.6%\nMarketing & Services\t\t\t\nMarketing & Services\t21.2%\t21.5%\t21.6%\nNew Energies\t7.4%\t6.7%\t5.2%\nCorporate\t1.6%\t1.5%\t1.5%\n", "q10k_tbl_67": "Group employees as of December 31\t2014\t2013\t2012\nBreakdown by region\t\t\t\nMainland France\t32.5%\t33.6%\t36.0%\nFrench overseas departments and territories\t0.3%\t0.4%\t0.4%\nRest of Europe\t23.9%\t23.4%\t23.5%\nAfrica\t10.2%\t10.0%\t9.6%\nNorth America\t6.6%\t6.6%\t6.4%\nLatin America\t9.7%\t9.6%\t8.9%\nAsia\t15%\t14.6%\t13.2%\nMiddle East\t1.3%\t1.3%\t1.3%\nOceania\t0.5%\t0.5%\t0.5%\nBreakdown by age bracket\t\t\t\n< 25 years\t6.3%\t6.5%\t5.7%\n25 to 34 years\t29%\t29.1%\t29.2%\n35 to 44 years\t29.1%\t28.8%\t28.5%\n45 to 54 years\t22.7%\t23.1%\t23.7%\n> 55 years\t12.9%\t12.5%\t12.9%\n", "q10k_tbl_68": "Breakdown of managers or equivalent as of December 31\t2014\t2013\t2012\nTotal number of managers\t29271\t28527\t27639\nWomen\t24.5%\t23.9%\t23.5%\nMen\t75.5%\t76.1%\t76.5%\nFrench\t38.8%\t39.1%\t40.7%\nOther nationalities\t61.2%\t60.9%\t59.3%\n", "q10k_tbl_69": "Breakdown by business segment of the Group employees present as of December 31\t2014\nUpstream\t\nExploration & Production\t16157\nGas & Power\t1111\nRefining & Chemicals\t\nRefining & Chemicals\t49967\nTrading & Shipping\t567\nMarketing & Services\t\nMarketing & Services\t20682\nNew Energies\t7425\nCorporate\t1551\n", "q10k_tbl_70": "Group employees included in WHRS\t2014\t2013\t2012\nEmployees surveyed\t90949\t88653\t80003\n% of Group employees\t91%\t90%\t82%\n", "q10k_tbl_71": "As of December 31\t2014\t\t2013\t2012\nTotal number hired on open-ended contracts\t10771\t(a)\t10649\t9787\nWomen\t33.2%\t\t35.9%\t31.0%\nMen\t66.8%\t\t64.1%\t69.0%\nFrench\t9.5%\t\t10.0%\t11.8%\nOther nationalities\t90.5%\t\t90.0%\t88.2%\n", "q10k_tbl_72": "As of December 31\t2014\t2013\t2012\nDepartures excluding retirement/transfers/early retirement/voluntary departures and expiry of short-term contracts\t7195\t6779\t8324\nDeaths\t108\t106\t155\nResignations\t4545\t4040\t4946\nRedundancies/negotiated departures\t2413\t2495\t3006\nNegotiated departures (Ruptures conventionnelles France)\t129\t138\t217\nTotal departures/total employees\t7.2%\t6.9%\t8.6%\n", "q10k_tbl_73": "TOTAL ACTIONNARIAT FRANCE\t81365651\nTOTAL ACTIONNARIAT INTERNATIONAL CAPITALISATION\t20969875\nTOTAL FRANCE CAPITAL+\t2450084\nTOTAL INTERNATIONAL CAPITAL\t901595\nELF PRIVATISATION N°1(a)\t0\nShares held by U.S. employees\t462143\nGroup Caisse Autonome (Belgium)\t429663\nTOTAL shares from the exercise of the Company's stock options and held as registered shares within a Company Savings Plan\t3125389\nTotal shares held by employees\t109704400\n", "q10k_tbl_74": "Year 2014\t\tAcquisition\tSubscription\tTransfer\tExchange\tExercise of stock options\nChristophe de Margerie(a)\tTOTAL shares\t0\t0\t0\t0\t0\nUnits in collective investment plans (FCPE) and other related financial instruments(b)\t\t3825.77\t0\t0\t0\t0\nPatrick Pouyanné(a)\tTOTAL shares\t0\t0\t51760.00\t0\t51760.00\n\tUnits in collective investment plans (FCPE) and other related financial instruments(b)\t492.25\t212.13\t0\t0\t0\nPhilippe Boisseau(a)\tTOTAL shares\t0\t0\t26560.00\t0\t26560.00\n\tUnits in collective investment plans (FCPE) and other related financial instruments(b)\t552.08\t251.01\t4382.96\t0\t0\nArnaud Breuillac(a)\tTOTAL shares\t0\t0\t0\t0\t0\n\tUnits in collective investment plans (FCPE) and other related financial instruments(b)\t213.49\t2.62\t0\t0\t0\nYves-Louis Darricarrère(a)\tTOTAL shares\t0\t0\t84380.70\t0\t84400.00\nUnits in collective investment plans (FCPE) and other related financial instruments(b)\t\t1565.54\t0\t0\t0\t0\nPatrick de La Chevardière(a)\tTOTAL shares\t0\t0\t114680.23\t0\t120600.00\nUnits in collective investment plans (FCPE) and other related financial instruments(b)\t\t452.73\t0\t1694.21\t0\t0\nJean-Jacques Guilbaud(a)\tTOTAL shares\t0\t0\t52500.00\t0\t52500.00\nUnits in collective investment plans (FCPE) and other related financial instruments(b)\t\t1197.68\t587.91\t0\t0\t0\nPhilippe Sauquet(a)\tTOTAL shares\t0\t0\t0\t0\t0\n\tUnits in collective investment plans (FCPE) and other related financial instruments(b)\t165.61\t3.21\t0\t0\t0\n", "q10k_tbl_75": "\t2014\t\t\t2013\t\t\t\t2012\t\t\t\nAs of December 31\t% of share capital\t% of voting rights\t% of theoretical voting rights(a)\t% of share capital\t\t% of voting rights\t\t% of share capital\t\t% of voting rights\t\nBlackrock Inc.(b)\t6.2\t5.4\t4.9\tNC\t(c)\tNC\t(c)\tNC\t(c)\tNC\t(c)\nGroup employees(d)\t4.6\t8.8\t8.1\t4.7\t\t8.6\t\t4.4\t\t8.1\t\nGBL-CNP in concert\t3.9\t3.9\t3.6\t4.8\t\t4.8\t\t5.4\t\t5.4\t\nof which Groupe Bruxelles Lambert(e)\t3.0\t3.0\t2.8\t3.6\t\t3.6\t\t4.0\t\t4.0\t\nof which Compagnie Nationale à Portefeuille(e)\t0.9\t0.9\t0.8\t1.2\t\t1.2\t\t1.4\t\t1.4\t\nTreasury shares\t4.6\t0\t8.0\t4.6\t\t0\t\t4.6\t\t0\t\nof which TOTAL S.A.\t0.4\t0\t0.3\t0.4\t\t0\t\t0.3\t\t0\t\nof which Total Nucléaire\t0.1\t0\t0.2\t0.1\t\t0\t\t0.1\t\t0\t\nof which subsidiaries of Elf Aquitaine(f)\t4.1\t0\t7.5\t4.1\t\t0\t\t4.2\t\t0\t\nOther shareholders(g)\t80.7\t81.9\t75.4\t85.9\t\t86.6\t\t85.7\t\t86.6\t\nof which holders of ADRs(h)\t8.5\t8.4\t7.7\t9.3\t\t9.2\t\t9.3\t\t9.3\t\n", "q10k_tbl_76": "Price per share (€)\tHigh\tLow\n2010\t46.735\t35.655\n2011\t44.550\t29.400\n2012\t42.970\t33.420\n2013\t45.670\t35.175\nFirst Quarter\t40.820\t37.040\nSecond Quarter\t40.400\t35.175\nThird Quarter\t43.785\t36.615\nFourth Quarter\t45.670\t41.050\n2014\t54.710\t38.250\nFirst Quarter\t48.250\t41.310\nSecond Quarter\t54.710\t47.310\nThird Quarter\t53.650\t47.145\nSeptember\t52.090\t48.470\nFourth Quarter\t51.290\t38.250\nOctober\t51.290\t40.565\nNovember\t49.425\t43.505\nDecember\t46.565\t38.250\n2015 (through February 27)\t48.600\t39.345\nJanuary\t46.860\t39.345\nFebruary\t48.600\t45.500\n", "q10k_tbl_77": "Price per ADR ($)\tHigh\tLow\n2010\t67.52\t43.07\n2011\t64.44\t40.00\n2012\t57.06\t41.75\n2013\t62.45\t45.93\nFirst Quarter\t55.35\t47.50\nSecond Quarter\t52.05\t45.93\nThird Quarter\t59.25\t47.69\nFourth Quarter\t62.45\t56.17\n2014\t74.220\t48.433\nFirst Quarter\t66.297\t56.030\nSecond Quarter\t74.220\t65.460\nThird Quarter\t73.090\t62.530\nSeptember\t67.700\t62.530\nFourth Quarter\t64.016\t48.433\nOctober\t64.016\t53.320\nNovember\t60.686\t55.190\nDecember\t57.780\t48.433\n2015 (through February 27)\t55.860\t47.310\nJanuary\t53.140\t47.310\nFebruary\t55.860\t51.620\n", "q10k_tbl_78": "Type\t\tPar value limit or maximum number of shares or expressed as % of share capital (par value number of shares or % of share capital)\tUse in 2014 par value or number of shares\tAvailable balance as of 12/31/2014 par value or number of shares\tDate of delegation of authority or authorization by the Extraordinary Shareholders' Meeting (ESM)\tExpiry date and term of authorization granted to the Board of Directors\nMaximum cap for the issuance of securities granting immediate or future rights to share capital\tDebt securities representing rights to capital\t€10 billion in securities\t0\t€10 billion\tMay 16 2014 (10th 11th and 13th resolutions)\tJuly 16 2016 26 months\nNominal share capital\t€2.5 billion i.e. a maximum of 1 billion shares issued with a pre-emptive subscription right of which:\t18 million shares(a)\t€2.46 billion (i.e. 982 million shares)\tMay 16 2014 (10th resolution)\tJuly 16 2016 26 months\n\t1/ a specific cap of €575 million i.e. a maximum of 230 million shares for issuances without pre-emptive subscription rights (with potential use of a greenshoe) including in compensation with securities contributed within the scope of a public exchange offer provided that they meet the requirements of Article L. 225-148 of the French Commercial Code of which:\t0\t€575 million\tMay 16 2014 (11th resolution)\tJuly 16 2016 26 months\n\t1/a a sub-cap of 10% of the share capital on the date of the Shareholders' Meeting on May 16 2014(b) through in-kind contributions when provisions of Article L. 225-148 of the French Commercial Code are not applicable\t0\t€575 million\tMay 16 2014 (13th resolution)\tJuly 16 2016 26 months\n\t2/ a specific cap of 1.5% of the share capital on the date of the Board(c) decision for capital increases reserved for employees participating in a Company savings plan\t18 million shares(d)\t17.8 million shares\tMay 16 2014 (14th resolution)\tJuly 16 2016 26 months\nStock option grants\t\t0.75% of share capital(c) on the date of the Board decision to grant options\t0\t17.9 million shares\tMay 17 2013 (11th resolution)\tJuly 17 2016 38 months\nRestricted shares awarded to Group Employees and to executive directors\t\t0.8% of share capital(b) on the date of the Board decision to grant the restricted shares\t4.5 million shares(e)\t14.6 million shares(e)\tMay 16 2014 (16th resolution)\tJuly 16 2017 38 months\n", "q10k_tbl_79": "As of December 31 2014\t\nPercentage of share capital held by TOTAL S.A.\t0.38%\nNumber of shares held in portfolio\t9030145\nBook value of portfolio (at purchase price) (M€)\t401\nMarket value of portfolio (M€)(a)\t384\nPercentage of capital held by companies(b) of the Group\t4.58%\nNumber of shares held in portfolio\t109361413\nBook value of portfolio (at purchase price) (M€)\t3427\nMarket value of portfolio (M€)(a)\t4650\n", "q10k_tbl_80": "1.6.1. For fiscal year 2012\t\nJuly 2 2012\tAcknowledgement of the issuance of 1366950 new shares par value €2.50 per share as part of the global free TOTAL share plan to Group employees decided by the Board of Directors on May 21 2010 raising the share capital by €3417375 from €5909418282.50 to €5912835657.50.\nJanuary 8 2013\tAcknowledgement of the issuance of 798883 new shares par value €2.50 per share through the exercise of stock options between January 1 and December 31 2012 raising the share capital by €1997207.50 from €5912835657.50 to €5914832865.\n1.6.2. For fiscal year 2013\t\nApril 25 2013\tAcknowledgement of the issuance of 10802215 new shares par value €2.50 per share as part of the capital increase reserved for Group employees approved by the Board of Directors on September 18 2012 raising the share capital by €27005537.50 from €5914832865 to €5941838402.50.\nJanuary 8 2014\tAcknowledgement of the issuance of 942799 new shares par value €2.50 per share through the exercise of stock options between January 1 and December 31 2013 raising the share capital by €2356997.50 from €5941838402.50 to €5944195400.\n1.6.3. For fiscal year 2014\t\nJuly 1 2014\tAcknowledgement of the issuance of 666575 new shares par value €2.50 per share as part of the global free TOTAL share plan to Group employees decided by the Board of Directors on May 21 2010 raising the share capital by €1666437.50 from €5944195400 to €5945861837.50.\nJanuary 12 2015\tAcknowledgement of the issuance of 6922790 new shares par value €2.50 per share through the exercise of stock options between January 1 and December 31 2014 raising the share capital by €17306975 from €5945861837.50 to €5963168812.50.\n", "q10k_tbl_81": "\tCumulative gross movements\t\tOpen positions as of February 28 2015\t\t\t\n\tPurchases\tSales\tOpen purchase positions\t\tOpen sales positions\t\nNumber of shares\t4386300\t0\tBought calls\tPurchases\tSold calls\tSales\nMaximum average maturity\t0\t0\t0\t0\t0\t0\nAverage transaction price (€)\t48.52\t0\t0\t0\t0\t0\nAverage exercise price\t0\t0\t0\t0\t0\t0\nAmounts (€)\t212810310\t0\t0\t0\t0\t0\n", "q10k_tbl_82": "As of February 28 2015\t\nPercentage of share capital held by TOTAL S.A.\t0.37%\nNumber of shares held in portfolio(a)\t8927585\nBook value of portfolio (at purchase price) (M€)\t396\nMarket value of the portfolio (M€)(b)\t431\nPercentage of capital held by companies(c) of the Group\t4.58%\nNumber of shares held in portfolio\t109258853\nBook value of portfolio (at purchase price) (M€)\t3427\nMarket value of the portfolio (M€)(b)\t5270\n", "q10k_tbl_83": "\tErnst & Young Audit fiscal year\t\tKPMG fiscal year\t\n(M$)\t2014\t2013\t2014\t2013\nAudit Fees\t24.7\t24.4\t20.8\t20.2\nAudit-Related Fees(a)\t1.1\t1.7\t6.8\t6.3\nLegal Tax Labor Law Fees(b)\t3.3\t3.3\t2.7\t2.5\nAll Other Fees(c)\t0\t0.3\t0\t0.4\nTotal\t29.1\t29.7\t30.3\t29.4\n", "q10k_tbl_84": "Period\tTotal Number Of Shares Purchased\tAverage Price Paid Per Share (€)\tTotal Number Of Shares Purchased As Part Of Publicly Announced Plans Or Programs (a)\tMaximum Number Of Shares That May Yet Be Purchased Under The Plans Or Programs(b)\nJanuary 2014\t0\t0\t0\t128556625\nFebruary 2014\t0\t0\t0\t128572574\nMarch 2014\t0\t0\t0\t128618295\nApril 2014\t0\t0\t0\t128650950\nMay 2014\t0\t0\t0\t128693386\nJune 2014\t0\t0\t0\t129079809\nJuly 2014\t0\t0\t0\t133422676\nAugust 2014\t4386300\t48.517\t4386300\t129044305\nSeptember 2014\t0\t0\t0\t129091092\nOctober 2014\t0\t0\t0\t129094699\nNovember 2014\t0\t0\t0\t129104355\nDecember 2014\t0\t0\t0\t129165339\nJanuary 2015\t0\t0\t0\t129266822\nFebruary 2015\t0\t0\t0\t129291634\n", "q10k_tbl_85": "\tPage\nReport of Independent Registered Public Accounting Firms on the Consolidated Financial Statements\tF-1\nReport of Independent Registered Public Accounting Firms on the Internal Control over Financial Reporting\tF-2\nConsolidated Statement of Income for the Years Ended December 31 2014 2013 and 2012\tF-3\nConsolidated Statement of Comprehensive Income for the Years Ended December 31 2014 2013 and 2012\tF-4\nConsolidated Balance Sheet at December 31 2014 2013 and 2012\tF-5\nConsolidated Statement of Cash Flow for the Years Ended December 31 2014 2013 and 2012\tF-6\nConsolidated Statement of Changes in Shareholders' Equity for the Years Ended December 31 2014 2013 and 2012\tF-7\nNotes to the Consolidated Financial Statements\tF-8\nSupplemental Oil and Gas Information (Unaudited)\tS-1\n", "q10k_tbl_86": "1\tBylaws (Statuts) of TOTAL S.A. (as amended through December 31 2014).\n2\tThe total amount of long-term debt securities authorized under any instrument does not exceed 10% of the total assets of the Company and its subsidiaries on a consolidated basis. We hereby agree to furnish to the SEC upon its request a copy of any instrument defining the rights of holders of long-term debt of the Company or of its subsidiaries for which consolidated or unconsolidated financial statements are required to be filed.\n7.1\tRatio of earnings to fixed charges.\n7.2\tComputation of earnings to fixed charges.\n8\tList of Subsidiaries (see Note 35 to the Consolidated Financial Statements included in this Annual Report).\n11\tCode of Ethics.\n12.1\tCertification of Chief Executive Officer.\n12.2\tCertification of Chief Financial Officer.\n13.1\tCertification of Chief Executive Officer.\n13.2\tCertification of Chief Financial Officer.\n15.1\tConsent of ERNST & YOUNG AUDIT and of KPMG S.A.\n15.2\tConsent of DeGolyer and MacNaughton.\n15.3\tThird party report of DeGolyer and MacNaughton.\n", "q10k_tbl_87": "For the year ended December 31 (M$)(a)\t\t2014\t2013\t2012\nSales\t(notes 4 & 5)\t236122\t251725\t257037\nExcise taxes\t\t(24104)\t(23756)\t(22821)\nRevenues from sales\t\t212018\t227969\t234216\nPurchases net of inventory variation\t(note 6)\t(152975)\t(160849)\t(162908)\nOther operating expenses\t(note 6)\t(28349)\t(28764)\t(29273)\nExploration costs\t(note 6)\t(1964)\t(2169)\t(1857)\nDepreciation depletion and amortization of tangible assets and mineral interests\t\t(19656)\t(11994)\t(12237)\nOther income\t(note 7)\t2577\t2290\t1897\nOther expense\t(note 7)\t(954)\t(2800)\t(1178)\nFinancial interest on debt\t\t(748)\t(889)\t(863)\nFinancial income from marketable securities & cash equivalents\t\t108\t85\t128\nCost of net debt\t(note 29)\t(640)\t(804)\t(735)\nOther financial income\t(note 8)\t821\t696\t717\nOther financial expense\t(note 8)\t(676)\t(702)\t(641)\nEquity in net income (loss) of affiliates\t(note 12)\t2662\t3415\t2582\nIncome taxes\t(note 9)\t(8614)\t(14767)\t(16747)\nConsolidated net income\t\t4250\t11521\t13836\nGroup share\t\t4244\t11228\t13648\nNon-controlling interests\t\t6\t293\t188\nEarnings per share ($)\t\t1.87\t4.96\t6.05\nFully-diluted earnings per share ($)\t\t1.86\t4.94\t6.02\n", "q10k_tbl_88": "For the year ended December 31 (M$)\t2014\t2013\t2012\nConsolidated net income\t4250\t11521\t13836\nOther comprehensive income\t\t\t\nActuarial gains and losses\t(1526)\t682\t(1171)\nTax effect\t580\t(287)\t465\nCurrency translation adjustment generated by the parent company\t(9039)\t3129\t1324\nItems not potentially reclassifiable to profit and loss\t(9985)\t3524\t618\nCurrency translation adjustment\t4245\t(1925)\t(397)\nAvailable for sale financial assets\t(29)\t33\t(435)\nCash flow hedge\t97\t156\t83\nShare of other comprehensive income of equity affiliates net amount\t(1538)\t(805)\t249\nOther\t3\t(12)\t(18)\nTax effect\t(18)\t(62)\t82\nItems potentially reclassifiable to profit and loss\t2760\t(2615)\t(436)\nTotal other comprehensive income (net amount) (note 17)\t(7225)\t909\t182\nComprehensive income\t(2975)\t12430\t14018\n- Group share\t(2938)\t12193\t13848\n- Non-controlling interests\t(37)\t237\t170\n", "q10k_tbl_89": "As of December 31 (M$)\t\t2014\t2013\t2012\nASSETS\t\t\t\t\nNon-current assets\t\t\t\t\nIntangible assets net\t(notes 5 & 10)\t14682\t18395\t16965\nProperty plant and equipment net\t(notes 5 & 11)\t106876\t104480\t91477\nEquity affiliates: investments and loans\t(note 12)\t19274\t20417\t18153\nOther investments\t(note 13)\t1399\t1666\t1571\nHedging instruments of non-current financial debt\t(note 20)\t1319\t1418\t2145\nDeferred income taxes\t(note 9)\t4079\t3838\t2982\nOther non-current assets\t(note 14)\t4192\t4406\t3513\nTotal non-current assets\t\t151821\t154620\t136806\nCurrent assets\t\t\t\t\nInventories net\t(note 15)\t15196\t22097\t22954\nAccounts receivable net\t(note 16)\t15704\t23422\t25339\nOther current assets\t(note 16)\t15702\t14892\t13307\nCurrent financial assets\t(note 20)\t1293\t739\t2061\nCash and cash equivalents\t(note 27)\t25181\t20200\t20409\nAssets classified as held for sale\t(note 34)\t4901\t3253\t5010\nTotal current assets\t\t77977\t84603\t89080\nTotal assets\t\t229798\t239223\t225886\nLIABILITIES & SHAREHOLDERS' EQUITY\t\t\t\t\nShareholders' equity\t\t\t\t\nCommon shares\t\t7518\t7493\t7454\nPaid-in surplus and retained earnings\t\t94646\t98254\t92485\nCurrency translation adjustment\t\t(7480)\t(1203)\t(1696)\nTreasury shares\t\t(4354)\t(4303)\t(4274)\nTotal shareholders' equity - Group share\t(note 17)\t90330\t100241\t93969\nNon-controlling interests\t\t3201\t3138\t1689\nTotal shareholders' equity\t\t93531\t103379\t95658\nNon-current liabilities\t\t\t\t\nDeferred income taxes\t(note 9)\t14810\t17850\t16006\nEmployee benefits\t(note 18)\t4758\t4235\t4939\nProvisions and other non-current liabilities\t(note 19)\t17545\t17517\t15285\nNon-current financial debt\t(note 20)\t45481\t34574\t29392\nTotal non-current liabilities\t\t82594\t74176\t65622\nCurrent liabilities\t\t\t\t\nAccounts payable\t\t24150\t30282\t28563\nOther creditors and accrued liabilities\t(note 21)\t16641\t18948\t19316\nCurrent borrowings\t(note 20)\t10942\t11193\t14535\nOther current financial liabilities\t(note 20)\t180\t381\t232\nLiabilities directly associated with the assets classified as held for sale\t(note 34)\t1760\t864\t1960\nTotal current liabilities\t\t53673\t61668\t64606\nTotal liabilities and shareholders' equity\t\t229798\t239223\t225886\n", "q10k_tbl_90": "For the year ended December 31 (M$)\t2014\t2013\t2012\nCASH FLOW FROM OPERATING ACTIVITIES\t\t\t\nConsolidated net income\t4250\t11521\t13836\nDepreciation depletion and amortization\t20859\t13358\t13466\nNon-current liabilities valuation allowances and deferred taxes\t(1980)\t1567\t1889\nImpact of coverage of pension benefit plans\t0\t0\t(465)\n(Gains) losses on disposals of assets\t(1979)\t(80)\t(1715)\nUndistributed affiliates' equity earnings\t29\t(775)\t272\n(Increase) decrease in working capital\t4480\t2525\t1392\nOther changes net\t(51)\t397\t183\nCash flow from operating activities\t25608\t28513\t28858\nCASH FLOW USED IN INVESTING ACTIVITIES\t\t\t\nIntangible assets and property plant and equipment additions\t(26320)\t(29748)\t(25574)\nAcquisitions of subsidiaries net of cash acquired\t(471)\t(21)\t(245)\nInvestments in equity affiliates and other securities\t(949)\t(1756)\t(1152)\nIncrease in non-current loans\t(2769)\t(2906)\t(2504)\nTotal expenditures\t(30509)\t(34431)\t(29475)\nProceeds from disposals of intangible assets and property plant and equipment\t3442\t1766\t1822\nProceeds from disposals of subsidiaries net of cash sold\t136\t2654\t452\nProceeds from disposals of non-current investments\t1072\t330\t3618\nRepayment of non-current loans\t1540\t1649\t1651\nTotal divestments\t6190\t6399\t7543\nCash flow used in investing activities\t(24319)\t(28032)\t(21932)\nCASH FLOW USED IN FINANCING ACTIVITIES\t\t\t\nIssuance (repayment) of shares:\t\t\t\n-Parent company shareholders\t420\t485\t41\n-Treasury shares\t(289)\t(238)\t(88)\nDividends paid:\t\t\t\n-Parent company shareholders\t(7308)\t(7128)\t(6660)\n-Non-controlling interests\t(154)\t(156)\t(133)\nOther transactions with non-controlling interests\t179\t2153\t0\nNet issuance (repayment) of non-current debt\t15786\t11102\t6780\nIncrease (decrease) in current borrowings\t(2374)\t(9037)\t(3540)\nIncrease (decrease) in current financial assets and liabilities\t(351)\t1298\t(1217)\nCash flow used in financing activities\t5909\t(1521)\t(4817)\nNet increase (decrease) in cash and cash equivalents\t7198\t(1040)\t2109\nEffect of exchange rates\t(2217)\t831\t153\nCash and cash equivalents at the beginning of the period\t20200\t20409\t18147\nCash and cash equivalents at the end of the period\t25181\t20200\t20409\n", "q10k_tbl_91": "\tCommon shares issued\t\tPaid-in surplus and retained earnings\t\tCurrency translation adjustment\t\tTreasury shares\t\tShareholders' equity-Group share\tNon-controlling interests\tTotal shareholders' equity\n(M$)\tNumber\tAmount\t\tNumber\t\tAmount\t\nAs of January 1 2012\t2363767313\t7447\t86461\t\t(2884)\t\t(109554173)\t(4357)\t86667\t1749\t88416\nNet income 2012\t0\t0\t13648\t\t0\t\t0\t0\t13648\t188\t13836\nOther comprehensive income (Note 17)\t0\t0\t(987)\t\t1187\t\t0\t0\t200\t(18)\t182\nComprehensive income\t0\t0\t12661\t\t1187\t\t0\t0\t13848\t170\t14018\nDividend\t0\t0\t(6728)\t\t0\t\t0\t0\t(6728)\t(133)\t(6861)\nIssuance of common shares (Note 17)\t2165833\t7\t34\t\t0\t\t0\t0\t41\t0\t41\nPurchase of treasury shares\t0\t0\t0\t\t0\t\t(1800000)\t(88)\t(88)\t0\t(88)\nSale of treasury shares(a)\t0\t0\t(171)\t\t0\t\t2962534\t171\t0\t0\t0\nShare-based payments (Note 25)\t0\t0\t188\t\t0\t\t0\t0\t188\t0\t188\nShare cancellation (Note 17)\t0\t0\t0\t\t0\t\t0\t0\t0\t0\t0\nOther operations with non-controlling interests\t0\t0\t20\t\t1\t\t0\t0\t21\t(21)\t0\nOther items\t0\t0\t20\t\t0\t\t0\t0\t20\t(76)\t(56)\nAs of December 31 2012\t2365933146\t7454\t92485\t\t(1696)\t\t(108391639)\t(4274)\t93969\t1689\t95658\nNet income 2013\t0\t0\t11228\t\t0\t\t0\t0\t11228\t293\t11521\nOther comprehensive income (Note 17)\t0\t0\t473\t\t492\t\t0\t0\t965\t(56)\t909\nComprehensive income\t0\t0\t11701\t\t492\t\t0\t0\t12193\t237\t12430\nDividend\t0\t0\t(7116)\t\t0\t\t0\t0\t(7116)\t(156)\t(7272)\nIssuance of common shares (Note 17)\t11745014\t39\t446\t\t0\t\t0\t0\t485\t0\t485\nPurchase of treasury shares\t0\t0\t0\t\t0\t\t(4414200)\t(238)\t(238)\t0\t(238)\nSale of treasury shares(a)\t0\t0\t(209)\t\t0\t\t3591391\t209\t0\t0\t0\nShare-based payments (Note 25)\t0\t0\t189\t\t0\t\t0\t0\t189\t0\t189\nShare cancellation (Note 17)\t0\t0\t0\t\t0\t\t0\t0\t0\t0\t0\nOther operations with non-controlling interests\t0\t0\t749\t\t1\t\t0\t0\t750\t1355\t2105\nOther items\t0\t0\t9\t\t0\t\t0\t0\t9\t13\t22\nAs of December 31 2013\t2377678160\t7493\t98254\t\t(1203)\t\t(109214448)\t(4303)\t100241\t3138\t103379\nNet income 2014\t0\t0\t4244\t\t0\t\t0\t0\t4244\t6\t4250\nOther comprehensive income (Note 17)\t0\t0\t(907)\t\t(6275)\t\t0\t0\t(7182)\t(43)\t(7225)\nComprehensive income\t0\t0\t3337\t\t(6275)\t\t0\t0\t(2938)\t(37)\t(2975)\nDividend\t0\t0\t(7378)\t\t0\t\t0\t0\t(7378)\t(154)\t(7532)\nIssuance of common shares (Note 17)\t7589365\t25\t395\t\t0\t\t0\t0\t420\t0\t420\nPurchase of treasury shares\t0\t0\t0\t\t0\t\t(4386300)\t(283)\t(283)\t0\t(283)\nSale of treasury shares(a)\t0\t0\t(232)\t\t0\t\t4239335\t232\t0\t0\t0\nShare-based payments (Note 25)\t0\t0\t114\t\t0\t\t0\t0\t114\t0\t114\nShare cancellation (Note 17)\t0\t0\t0\t\t0\t\t0\t0\t0\t0\t0\nOther operations with non-controlling interests\t0\t0\t148\t\t(2)\t\t0\t0\t146\t195\t341\nOther items\t0\t0\t8\t\t0\t\t0\t0\t8\t59\t67\nAs of December 31 2014\t2385267525\t7518\t94646\t\t(7480)\t\t(109361413)\t(4354)\t90330\t3201\t93531\n", "q10k_tbl_92": "For the year ended December 31 2014 (M$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tIntercompany\tTotal\nNon-Group sales\t23484\t106124\t106509\t5\t0\t236122\nIntersegment sales\t29183\t44950\t1615\t236\t(75984)\t0\nExcise taxes\t0\t(4850)\t(19254)\t0\t0\t(24104)\nRevenues from sales\t52667\t146224\t88870\t241\t(75984)\t212018\nOperating expenses\t(26235)\t(145014)\t(86931)\t(1092)\t75984\t(183288)\nDepreciation depletion and amortization of tangible assets and mineral interests\t(15938)\t(2901)\t(781)\t(36)\t0\t(19656)\nOperating income\t10494\t(1691)\t1158\t(887)\t0\t9074\nEquity in net income (loss) of affiliates and other items\t4302\t90\t(140)\t178\t0\t4430\nTax on net operating income\t(8799)\t391\t(344)\t(8)\t0\t(8760)\nNet operating income\t5997\t(1210)\t674\t(717)\t0\t4744\nNet cost of net debt\t\t\t\t\t\t(494)\nNon-controlling interests\t\t\t\t\t\t(6)\nNet income\t\t\t\t\t\t4244\nFor the year ended December 31 2014 (adjustments(a)) (M$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tIntercompany\tTotal\nNon-Group sales\t31\t0\t0\t0\t0\t31\nIntersegment sales\t0\t0\t0\t0\t0\t0\nExcise taxes\t0\t0\t0\t0\t0\t0\nRevenues from sales\t31\t0\t0\t0\t0\t31\nOperating expenses\t(164)\t(2980)\t(551)\t0\t0\t(3695)\nDepreciation depletion and amortization of tangible assets and mineral interests\t(6529)\t(1450)\t0\t0\t0\t(7979)\nOperating income(b)\t(6662)\t(4430)\t(551)\t0\t0\t(11643)\nEquity in net income (loss) of affiliates and other items\t883\t(282)\t(203)\t0\t0\t398\nTax on net operating income\t1272\t1013\t174\t0\t0\t2459\nNet operating income(b)\t(4507)\t(3699)\t(580)\t0\t0\t(8786)\nNet cost of net debt\t\t\t\t\t\t0\nNon-controlling interests\t\t\t\t\t\t193\nNet income\t\t\t\t\t\t(8593)\n(a) Adjustments include special items inventory valuation effect and the effect of changes in fair value.\t\t\t\t\t\t\n(b) Of which inventory valuation effect\t\t\t\t\t\t\nOn operating income\t0\t(2944)\t(525)\t0\t\t\nOn net operating income\t0\t(2114)\t(384)\t0\t\t\n", "q10k_tbl_93": "For the year ended December 31 2014 (adjusted) (M$)(a)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tIntercompany\tTotal\nNon-Group sales\t23453\t106124\t106509\t5\t0\t236091\nIntersegment sales\t29183\t44950\t1615\t236\t(75984)\t0\nExcise taxes\t0\t(4850)\t(19254)\t0\t0\t(24104)\nRevenues from sales\t52636\t146224\t88870\t241\t(75984)\t211987\nOperating expenses\t(26071)\t(142034)\t(86380)\t(1092)\t75984\t(179593)\nDepreciation depletion and amortization of tangible assets and mineral interests\t(9409)\t(1451)\t(781)\t(36)\t0\t(11677)\nAdjusted operating income\t17156\t2739\t1709\t(887)\t0\t20717\nEquity in net income (loss) of affiliates and other items\t3419\t372\t63\t178\t0\t4032\nTax on net operating income\t(10071)\t(622)\t(518)\t(8)\t0\t(11219)\nAdjusted net operating income\t10504\t2489\t1254\t(717)\t0\t13530\nNet cost of net debt\t\t\t\t\t\t(494)\nNon-controlling interests\t\t\t\t\t\t(199)\nAdjusted net income\t\t\t\t\t\t12837\nAdjusted fully-diluted earnings per share ($)\t\t\t\t\t\t5.63\n", "q10k_tbl_94": "For the year ended December 31 2014 (M$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tIntercompany\tTotal\nTotal expenditures\t26520\t2022\t1818\t149\t0\t30509\nTotal divestments\t5764\t192\t163\t71\t0\t6190\nCash flow from operating activities\t16666\t6302\t2721\t(81)\t0\t25608\nBalance sheet as of December 31 2014\t\t\t\t\t\t\nProperty plant and equipment intangible assets net\t105273\t9512\t6443\t330\t0\t121558\nInvestments & loans in equity affiliates\t14921\t3516\t837\t0\t0\t19274\nOther non-current assets\t6711\t959\t1849\t151\t0\t9670\nWorking capital\t2015\t4041\t2141\t(2386)\t0\t5811\nProvisions and other non-current liabilities\t(30385)\t(4290)\t(2097)\t(341)\t0\t(37113)\nAssets and liabilities classified as held for sale\t1962\t1032\t91\t0\t0\t3085\nCapital Employed (balance sheet)\t100497\t14770\t9264\t(2246)\t0\t122285\nLess inventory valuation effect\t0\t(1319)\t(439)\t(1)\t0\t(1759)\nCapital Employed (Business segment information)\t100497\t13451\t8825\t(2247)\t0\t120526\nROACE as a percentage\t11%\t15%\t13%\t0\t0\t11%\n", "q10k_tbl_95": "For the year ended December 31 2013 (M$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tIntercompany\tTotal\nNon-Group sales\t26367\t114483\t110873\t2\t0\t251725\nIntersegment sales\t37650\t52275\t2159\t177\t(92261)\t0\nExcise taxes\t0\t(4814)\t(18942)\t0\t0\t(23756)\nRevenues from sales\t64017\t161944\t94090\t179\t(92261)\t227969\nOperating expenses\t(31875)\t(160031)\t(91343)\t(794)\t92261\t(191782)\nDepreciation depletion and amortization of tangible assets and mineral interests\t(9484)\t(1736)\t(733)\t(41)\t0\t(11994)\nOperating income\t22658\t177\t2014\t(656)\t0\t24193\nEquity in net income (loss) of affiliates and other items\t2688\t181\t55\t(25)\t0\t2899\nTax on net operating income\t(13706)\t(612)\t(560)\t(29)\t0\t(14907)\nNet operating income\t11640\t(254)\t1509\t(710)\t0\t12185\nNet cost of net debt\t\t\t\t\t\t(664)\nNon-controlling interests\t\t\t\t\t\t(293)\nNet income\t\t\t\t\t\t11228\nFor the year ended December 31 2013 (adjustments(a)) (M$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tIntercompany\tTotal\nNon-Group sales\t(74)\t0\t0\t0\t0\t(74)\nIntersegment sales\t0\t0\t0\t0\t0\t0\nExcise taxes\t0\t0\t0\t0\t0\t0\nRevenues from sales\t(74)\t0\t0\t0\t0\t(74)\nOperating expenses\t(113)\t(1405)\t(134)\t0\t0\t(1652)\nDepreciation depletion and amortization of tangible assets and mineral interests\t(855)\t(184)\t(4)\t0\t0\t(1043)\nOperating income(b)\t(1042)\t(1589)\t(138)\t0\t0\t(2769)\nEquity in net income (loss) of affiliates and other items\t(305)\t(268)\t4\t(34)\t0\t(603)\nTax on net operating income\t537\t(254)\t89\t(45)\t0\t327\nNet operating income(b)\t(810)\t(2111)\t(45)\t(79)\t0\t(3045)\nNet cost of net debt\t\t\t\t\t\t0\nNon-controlling interests\t\t\t\t\t\t(19)\nNet income\t\t\t\t\t\t(3064)\n(a) Adjustments include special items inventory valuation effect and the effect of changes in fair value.\t\t\t\t\t\t\n(b) Of which inventory valuation effect\t\t\t\t\t\t\nOn operating income\t0\t(978)\t(87)\t0\t\t\nOn net operating income\t0\t(656)\t(63)\t0\t\t\n", "q10k_tbl_96": "For the year ended December 31 2013 (adjusted) (M$)(a)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tIntercompany\tTotal\nNon-Group sales\t26441\t114483\t110873\t2\t0\t251799\nIntersegment sales\t37650\t52275\t2159\t177\t(92261)\t0\nExcise taxes\t0\t(4814)\t(18942)\t0\t0\t(23756)\nRevenues from sales\t64091\t161944\t94090\t179\t(92261)\t228043\nOperating expenses\t(31762)\t(158626)\t(91209)\t(794)\t92261\t(190130)\nDepreciation depletion and amortization of tangible assets and mineral interests\t(8629)\t(1552)\t(729)\t(41)\t0\t(10951)\nAdjusted operating income\t23700\t1766\t2152\t(656)\t0\t26962\nEquity in net income (loss) of affiliates and other items\t2993\t449\t51\t9\t0\t3502\nTax on net operating income\t(14243)\t(358)\t(649)\t16\t0\t(15234)\nAdjusted net operating income\t12450\t1857\t1554\t(631)\t0\t15230\nNet cost of net debt\t\t\t\t\t\t(664)\nNon-controlling interests\t\t\t\t\t\t(274)\nAdjusted net income\t\t\t\t\t\t14292\nAdjusted fully-diluted earnings per share ($)\t\t\t\t\t\t6.29\n(a) Except for earnings per share.\t\t\t\t\t\t\nFor the year ended December 31 2013 (M$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tIntercompany\tTotal\nTotal expenditures\t29750\t2708\t1814\t159\t0\t34431\nTotal divestments\t5786\t365\t186\t62\t0\t6399\nCash flow from operating activities\t21857\t4260\t2557\t(161)\t0\t28513\nBalance sheet as of December 31 2013\t\t\t\t\t\t\nProperty plant and equipment intangible assets net\t103667\t12407\t6441\t360\t0\t122875\nInvestments & loans in equity affiliates\t15862\t3542\t1013\t0\t0\t20417\nOther non-current assets\t5691\t1427\t2014\t778\t0\t9910\nWorking capital\t(327)\t10458\t3779\t(2729)\t0\t11181\nProvisions and other non-current liabilities\t(31574)\t(4437)\t(2303)\t(1288)\t0\t(39602)\nAssets and liabilities classified as held for sale\t2210\t0\t0\t0\t0\t2210\nCapital Employed (balance sheet)\t95529\t23397\t10944\t(2879)\t0\t126991\nLess inventory valuation effect\t0\t(3645)\t(893)\t(2)\t0\t(4540)\nCapital Employed (Business segment information)\t95529\t19752\t10051\t(2881)\t0\t122451\nROACE as a percentage\t14%\t9%\t16%\t0\t0\t13%\n", "q10k_tbl_97": "For the year ended December 31 2012 (M$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tIntercompany\tTotal\nNon-Group sales\t28449\t117067\t111281\t240\t0\t257037\nIntersegment sales\t40498\t57134\t970\t256\t(98858)\t0\nExcise taxes\t0\t(4616)\t(18205)\t0\t0\t(22821)\nRevenues from sales\t68947\t169585\t94046\t496\t(98858)\t234216\nOperating expenses\t(33361)\t(166379)\t(91907)\t(1249)\t98858\t(194038)\nDepreciation depletion and amortization of tangible assets and mineral interests\t(9555)\t(1856)\t(780)\t(46)\t0\t(12237)\nOperating income\t26031\t1350\t1359\t(799)\t0\t27941\nEquity in net income (loss) of affiliates and other items\t3005\t271\t(252)\t353\t0\t3377\nTax on net operating income\t(15879)\t(337)\t(488)\t(163)\t0\t(16867)\nNet operating income\t13157\t1284\t619\t(609)\t0\t14451\nNet cost of net debt\t\t\t\t\t\t(615)\nNon-controlling interests\t\t\t\t\t\t(188)\nNet income\t\t\t\t\t\t13648\nFor the year ended December 31 2012 (adjustments)(a) (M$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tIntercompany\tTotal\nNon-Group sales\t(12)\t0\t0\t0\t0\t(12)\nIntersegment sales\t0\t0\t0\t0\t0\t0\nExcise taxes\t0\t0\t0\t0\t0\t0\nRevenues from sales\t(12)\t0\t0\t0\t0\t(12)\nOperating expenses\t(752)\t(257)\t(294)\t(115)\t0\t(1418)\nDepreciation depletion and amortization of tangible assets and mineral interests\t(1538)\t(266)\t(87)\t0\t0\t(1891)\nOperating income(b)\t(2302)\t(523)\t(381)\t(115)\t0\t(3321)\nEquity in net income (loss) of affiliates and other items\t326\t(51)\t(154)\t188\t0\t309\nTax on net operating income\t817\t90\t85\t(139)\t0\t853\nNet operating income(b)\t(1159)\t(484)\t(450)\t(66)\t0\t(2159)\nNet cost of net debt\t\t\t\t\t\t0\nNon-controlling interests\t\t\t\t\t\t35\nNet income\t\t\t\t\t\t(2124)\n(a) Adjustments include special items inventory valuation effect and the effect of changes in fair value.\t\t\t\t\t\t\n(b) Of which inventory valuation effect\t\t\t\t\t\t\nOn operating income\t0\t(230)\t(71)\t0\t\t\nOn net operating income\t0\t(149)\t(50)\t0\t\t\n", "q10k_tbl_98": "For the year ended December 31 2012 (adjusted) (M$)(a)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tIntercompany\tTotal\nNon-Group sales\t28461\t117067\t111281\t240\t0\t257049\nIntersegment sales\t40498\t57134\t970\t256\t(98858)\t0\nExcise taxes\t0\t(4616)\t(18205)\t0\t0\t(22821)\nRevenues from sales\t68959\t169585\t94046\t496\t(98858)\t234228\nOperating expenses\t(32609)\t(166122)\t(91613)\t(1134)\t98858\t(192620)\nDepreciation depletion and amortization of tangible assets and mineral interests\t(8017)\t(1590)\t(693)\t(46)\t0\t(10346)\nAdjusted operating income\t28333\t1873\t1740\t(684)\t0\t31262\nEquity in net income (loss) of affiliates and other items\t2679\t322\t(98)\t165\t0\t3068\nTax on net operating income\t(16696)\t(427)\t(573)\t(24)\t0\t(17720)\nAdjusted net operating income\t14316\t1768\t1069\t(543)\t0\t16610\nNet cost of net debt\t\t\t\t\t\t(615)\nNon-controlling interests\t\t\t\t\t\t(223)\nAdjusted net income\t\t\t\t\t\t15772\nAdjusted fully-diluted earnings per share ($)\t\t\t\t\t\t6.96\n(a) Except for earnings per share.\t\t\t\t\t\t\nFor the year ended December 31 2012 (M$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tIntercompany\tTotal\nTotal expenditures\t25200\t2502\t1671\t102\t0\t29475\nTotal divestments\t3595\t392\t196\t3360\t0\t7543\nCash flow from operating activities\t24354\t2726\t1456\t322\t0\t28858\nBalance sheet as of December 31 2012\t\t\t\t\t\t\nProperty plant and equipment intangible assets net\t90128\t12167\t5848\t299\t0\t108442\nInvestments & loans in equity affiliates\t14622\t2600\t931\t0\t0\t18153\nOther non-current assets\t4255\t1565\t1694\t552\t0\t8066\nWorking capital\t(436)\t12742\t3752\t(2337)\t0\t13721\nProvisions and other non-current liabilities\t(28356)\t(4020)\t(2146)\t(1708)\t0\t(36230)\nAssets and liabilities classified as held for sale\t4047\t0\t0\t0\t0\t4047\nCapital Employed (balance sheet)\t84260\t25054\t10079\t(3194)\t0\t116199\nLess inventory valuation effect\t0\t(4271)\t(847)\t(1)\t0\t(5119)\nCapital Employed (Business segment information)\t84260\t20783\t9232\t(3195)\t0\t111080\nROACE as a percentage\t18%\t9%\t12%\t0\t0\t15%\n", "q10k_tbl_99": "For the year ended December 31 (M$)\t2014\t2013\t2012\nAdjusted net income - Group share\t12837\t14292\t15772\nAdjusted non-controlling interests\t199\t274\t223\nAdjusted consolidated net income\t13036\t14566\t15995\nShareholders' equity - Group share\t90330\t100241\t93969\nDistribution of the income based on existing shares at the closing date\t(1686)\t(1908)\t(1757)\nNon-controlling interests\t3201\t3138\t1689\nAdjusted shareholders' equity(a)\t91845\t101471\t93901\nROE\t13.5%\t14.9%\t17.7%\n", "q10k_tbl_100": "For the year ended December 31 2014 (M$)\tAdjusted\tAdjustments(a)\tConsolidated statement of income\nSales\t236091\t31\t236122\nExcise taxes\t(24104)\t0\t(24104)\nRevenues from sales\t211987\t31\t212018\nPurchases net of inventory variation\t(149506)\t(3469)\t(152975)\nOther operating expenses\t(28123)\t(226)\t(28349)\nExploration costs\t(1964)\t0\t(1964)\nDepreciation depletion and amortization of tangible assets and mineral interests\t(11677)\t(7979)\t(19656)\nOther income\t1272\t1305\t2577\nOther expense\t(700)\t(254)\t(954)\nFinancial interest on debt\t(748)\t0\t(748)\nFinancial income from marketable securities & cash equivalents\t108\t0\t108\nCost of net debt\t(640)\t0\t(640)\nOther financial income\t821\t0\t821\nOther financial expense\t(676)\t0\t(676)\nEquity in net income (loss) of affiliates\t3315\t(653)\t2662\nIncome taxes\t(11073)\t2459\t(8614)\nConsolidated net income\t13036\t(8786)\t4250\nGroup share\t12837\t(8593)\t4244\nNon-controlling interests\t199\t(193)\t6\n", "q10k_tbl_101": "For the year ended December 31 2013 (M$)\tAdjusted\tAdjustments(a)\tConsolidated statement of income\nSales\t251799\t(74)\t251725\nExcise taxes\t(23756)\t0\t(23756)\nRevenues from sales\t228043\t(74)\t227969\nPurchases net of inventory variation\t(159784)\t(1065)\t(160849)\nOther operating expenses\t(28177)\t(587)\t(28764)\nExploration costs\t(2169)\t0\t(2169)\nDepreciation depletion and amortization of tangible assets and mineral interests\t(10951)\t(1043)\t(11994)\nOther income\t647\t1643\t2290\nOther expense\t(574)\t(2226)\t(2800)\nFinancial interest on debt\t(889)\t0\t(889)\nFinancial income from marketable securities & cash equivalents\t85\t0\t85\nCost of net debt\t(804)\t0\t(804)\nOther financial income\t696\t0\t696\nOther financial expense\t(702)\t0\t(702)\nEquity in net income (loss) of affiliates\t3435\t(20)\t3415\nIncome taxes\t(15094)\t327\t(14767)\nConsolidated net income\t14566\t(3045)\t11521\nGroup share\t14292\t(3064)\t11228\nNon-controlling interests\t274\t19\t293\n", "q10k_tbl_102": "For the year ended December 31 2012 (M$)\tAdjusted\tAdjustments(a)\tConsolidated statement of income\nSales\t257049\t(12)\t257037\nExcise taxes\t(22821)\t0\t(22821)\nRevenues from sales\t234228\t(12)\t234216\nPurchases net of inventory variation\t(162607)\t(301)\t(162908)\nOther operating expenses\t(28156)\t(1117)\t(29273)\nExploration costs\t(1857)\t0\t(1857)\nDepreciation depletion and amortization of tangible assets and mineral interests\t(10346)\t(1891)\t(12237)\nOther income\t876\t1021\t1897\nOther expense\t(579)\t(599)\t(1178)\nFinancial interest on debt\t(863)\t0\t(863)\nFinancial income from marketable securities & cash equivalents\t128\t0\t128\nCost of net debt\t(735)\t0\t(735)\nOther financial income\t717\t0\t717\nOther financial expense\t(641)\t0\t(641)\nEquity in net income (loss) of affiliates\t2695\t(113)\t2582\nIncome taxes\t(17600)\t853\t(16747)\nConsolidated net income\t15995\t(2159)\t13836\nGroup share\t15772\t(2124)\t13648\nNon-controlling interests\t223\t(35)\t188\n", "q10k_tbl_103": "Adjustments to operating income For the year ended December 31 2014 (M$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tTotal\nInventory valuation effect\t0\t(2944)\t(525)\t0\t(3469)\nEffect of changes in fair value\t31\t0\t0\t0\t31\nRestructuring charges\t0\t0\t0\t0\t0\nAsset impairment charges\t(6529)\t(1450)\t0\t0\t(7979)\nOther items\t(164)\t(36)\t(26)\t0\t(226)\nTotal\t(6662)\t(4430)\t(551)\t0\t(11643)\n", "q10k_tbl_104": "Adjustments to net income Group share For the year ended December 31 2014 (M$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tTotal\nInventory valuation effect\t0\t(2114)\t(339)\t0\t(2453)\nEffect of changes in fair value\t25\t0\t0\t0\t25\nRestructuring charges\t0\t(13)\t(7)\t0\t(20)\nAsset impairment charges\t(5514)\t(1409)\t(140)\t0\t(7063)\nGains (losses) on disposals of assets\t1314\t(105)\t0\t0\t1209\nOther items\t(193)\t(58)\t(40)\t0\t(291)\nTotal\t(4368)\t(3699)\t(526)\t0\t(8593)\n", "q10k_tbl_105": "Adjustments to operating income For the year ended December 31 2013 (M$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tTotal\nInventory valuation effect\t0\t(978)\t(87)\t0\t(1065)\nEffect of changes in fair value\t(74)\t0\t0\t0\t(74)\nRestructuring charges\t0\t(373)\t(3)\t0\t(376)\nAsset impairment charges\t(855)\t(184)\t(4)\t0\t(1043)\nOther items\t(113)\t(54)\t(44)\t0\t(211)\nTotal\t(1042)\t(1589)\t(138)\t0\t(2769)\n", "q10k_tbl_106": "Adjustments to net income Group share For the year ended December 31 2013 (M$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tTotal\nInventory valuation effect\t0\t(656)\t(72)\t0\t(728)\nEffect of changes in fair value\t(58)\t0\t0\t0\t(58)\nRestructuring charges\t0\t(537)\t(30)\t0\t(567)\nAsset impairment charges\t(581)\t(183)\t(9)\t0\t(773)\nGains (losses) on disposals of assets\t(58)\t(59)\t0\t0\t(117)\nOther items\t(113)\t(676)\t47\t(79)\t(821)\nTotal\t(810)\t(2111)\t(64)\t(79)\t(3064)\n", "q10k_tbl_107": "Adjustments to operating income For the year ended December 31 2012 (M$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tTotal\nInventory valuation effect\t0\t(230)\t(71)\t0\t(301)\nEffect of changes in fair value\t(12)\t0\t0\t0\t(12)\nRestructuring charges\t0\t(3)\t0\t0\t(3)\nAsset impairment charges\t(1538)\t(266)\t(87)\t0\t(1891)\nOther items\t(752)\t(24)\t(223)\t(115)\t(1114)\nTotal\t(2302)\t(523)\t(381)\t(115)\t(3321)\n", "q10k_tbl_108": "Adjustments to net income Group share For the year ended December 31 2012 (M$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tTotal\nInventory valuation effect\t0\t(149)\t(52)\t0\t(201)\nEffect of changes in fair value\t(9)\t0\t0\t0\t(9)\nRestructuring charges\t0\t(31)\t(68)\t0\t(99)\nAsset impairment charges\t(985)\t(247)\t(155)\t(39)\t(1426)\nGains (losses) on disposals of assets\t326\t0\t0\t438\t764\nOther items\t(491)\t(57)\t(140)\t(465)\t(1153)\nTotal\t(1159)\t(484)\t(415)\t(66)\t(2124)\n", "q10k_tbl_109": "(M$)\tFrance\tRest of Europe\tNorth America\tAfrica\tRest of the world\tTotal\nFor the year ended December 31 2014\t\t\t\t\t\t\nNon-Group sales\t51471\t114747\t23766\t23281\t22857\t236122\nProperty plant and equipment intangible assets net\t4350\t25137\t16064\t41405\t34602\t121558\nCapital expenditures\t1266\t5880\t3658\t9798\t9907\t30509\nFor the year ended December 31 2013\t\t\t\t\t\t\nNon-Group sales\t57650\t128661\t22332\t23146\t19936\t251725\nProperty plant and equipment intangible assets net\t6251\t26840\t19588\t37847\t32349\t122875\nCapital expenditures\t1772\t6289\t4157\t10705\t11508\t34431\nFor the year ended December 31 2012\t\t\t\t\t\t\nNon-Group sales\t59077\t133439\t22675\t23025\t18821\t257037\nProperty plant and equipment intangible assets net\t6017\t23349\t20082\t32983\t26011\t108442\nCapital expenditures\t2041\t5660\t4045\t9346\t8383\t29475\n", "q10k_tbl_110": "For the year ended December 31 (M$)\t2014\t2013\t2012\nPurchases net of inventory variation(a)(b)\t(152975)\t(160849)\t(162908)\nExploration costs\t(1964)\t(2169)\t(1857)\nOther operating expenses(c)\t(28349)\t(28764)\t(29273)\nof which non-current operating liabilities (allowances) reversals\t717\t184\t560\nof which current operating liabilities (allowances) reversals\t(147)\t6\t(65)\nOperating expenses\t(183288)\t(191782)\t(194038)\n", "q10k_tbl_111": "For the year ended December 31 (M$)\t2014\t2013\t2012\nGains on disposal of assets\t2085\t1991\t1715\nForeign exchange gains\t216\t9\t34\nOther\t276\t290\t148\nOther income\t2577\t2290\t1897\nLosses on disposal of assets\t(106)\t(1911)\t0\nForeign exchange losses\t0\t0\t0\nAmortization of other intangible assets (excl. mineral interests)\t(254)\t(292)\t(320)\nOther\t(594)\t(597)\t(858)\nOther expense\t(954)\t(2800)\t(1178)\n", "q10k_tbl_112": "As of December 31 (M$)\t2014\t2013\t2012\nDividend income on non-consolidated subsidiaries\t282\t202\t286\nCapitalized financial expenses\t348\t343\t319\nOther\t191\t151\t112\nOther financial income\t821\t696\t717\nAccretion of asset retirement obligations\t(543)\t(584)\t(520)\nOther\t(133)\t(118)\t(121)\nOther financial expense\t(676)\t(702)\t(641)\n", "q10k_tbl_113": "For the year ended December 31 (M$)\t2014\t2013\t2012\nCurrent income taxes\t(10904)\t(13607)\t(15970)\nDeferred income taxes\t2290\t(1160)\t(777)\nTotal income taxes\t(8614)\t(14767)\t(16747)\n", "q10k_tbl_114": "As of December 31 (M$)\t2014\t2013\t2012\nNet operating losses and tax carry forwards\t5213\t4586\t2965\nEmployee benefits\t1770\t1641\t2089\nOther temporary non-deductible provisions\t6258\t5992\t5011\nDifferences in depreciations\t(18129)\t(20948)\t(18582)\nOther temporary tax deductions\t(2542)\t(3267)\t(3558)\nValuation allowance\t(3301)\t(2016)\t(949)\nNet deferred tax liability\t(10731)\t(14012)\t(13024)\n", "q10k_tbl_115": "As of December 31 (M$)\t2014\t2013\t2012\nDeferred tax assets non-current\t4079\t3838\t2982\nDeferred tax liabilities non-current\t(14810)\t(17850)\t(16006)\nNet amount\t(10731)\t(14012)\t(13024)\n", "q10k_tbl_116": "As of December 31 (M$)\t2014\t2013\t2012\nOpening balance\t(14012)\t(13024)\t(12687)\nDeferred tax on income\t2290\t(1160)\t(777)\nDeferred tax on shareholders' equity(a)\t562\t(349)\t547\nChanges in scope of consolidation(b)\t356\t153\t89\nCurrency translation adjustment\t73\t368\t(196)\nClosing balance\t(10731)\t(14012)\t(13024)\n", "q10k_tbl_117": "For the year ended December 31 (M$)\t2014\t2013\t2012\nConsolidated net income\t4250\t11521\t13836\nProvision for income taxes\t8614\t14767\t16747\nPre-tax income\t12864\t26288\t30583\nFrench statutory tax rate\t38.00%\t38.00%\t36.10%\nTheoretical tax charge\t(4888)\t(9989)\t(11040)\nDifference between French and foreign income tax rates\t(4256)\t(6131)\t(7637)\nTax effect of equity in income (loss) of affiliates\t1012\t1298\t933\nPermanent differences\t833\t1130\t1048\nAdjustments on prior years income taxes\t33\t0\t105\nAdjustments on deferred tax related to changes in tax rates\t(1)\t3\t(89)\nChanges in valuation allowance of deferred tax assets\t(1347)\t(1078)\t(67)\nNet provision for income taxes\t(8614)\t(14767)\t(16747)\n", "q10k_tbl_118": "\t2014\t\t2013\t\t2012\t\nAs of December 31 (M$)\tBasis\tTax\tBasis\tTax\tBasis\tTax\n2013\t0\t0\t0\t0\t417\t198\n2014\t0\t0\t491\t236\t329\t153\n2015\t443\t218\t372\t178\t221\t99\n2016\t306\t151\t226\t105\t34\t11\n2017(a)\t623\t229\t565\t185\t4206\t1282\n2018(b)\t424\t143\t4435\t1332\t0\t0\n2019 and after\t3313\t899\t0\t0\t0\t0\nUnlimited\t9906\t3573\t7593\t2550\t4022\t1222\nTotal\t15015\t5213\t13682\t4586\t9229\t2965\n", "q10k_tbl_119": "As of December 31 2014 (M$)\tCost\tAmortization and impairment\tNet\nGoodwill\t1639\t(1020)\t619\nProved mineral interests\t12215\t(5514)\t6701\nUnproved mineral interests\t10673\t(4498)\t6175\nOther intangible assets\t4387\t(3200)\t1187\nTotal intangible assets\t28914\t(14232)\t14682\n", "q10k_tbl_120": "As of December 31 2013 (M$)\tCost\tAmortization and impairment\tNet\nGoodwill\t2512\t(1263)\t1249\nProved mineral interests\t12309\t(5003)\t7306\nUnproved mineral interests\t10430\t(1785)\t8645\nOther intangible assets\t4978\t(3783)\t1195\nTotal intangible assets\t30229\t(11834)\t18395\n", "q10k_tbl_121": "As of December 31 2012 (M$)\tCost\tAmortization and impairment\tNet\nGoodwill\t2449\t(1275)\t1174\nProved mineral interests\t11614\t(4343)\t7271\nUnproved mineral interests\t8465\t(1204)\t7261\nOther intangible assets\t4714\t(3455)\t1259\nTotal intangible assets\t27242\t(10277)\t16965\n", "q10k_tbl_122": "(M$)\tNet amount as of January 1\tAcquisitions\tDisposals\tAmortization and impairment\tCurrency translation adjustment\tOther\tNet amount as of December 31\n2014\t18395\t1000\t(178)\t(3920)\t(276)\t(339)\t14682\n2013\t16965\t3648\t(388)\t(1527)\t(10)\t(293)\t18395\n2012\t16062\t3169\t(75)\t(1849)\t122\t(464)\t16965\n", "q10k_tbl_123": "(M$)\tNet goodwill as of January 1 2014\tIncreases\tImpairments\tOther\tNet goodwill as of December 31 2014\nUpstream\t4\t0\t0\t(4)\t0\nRefining & Chemicals\t1123\t0\t0\t(638)\t485\nMarketing & Services\t88\t34\t(2)\t(16)\t104\nCorporate\t34\t0\t0\t(4)\t30\nTotal\t1249\t34\t(2)\t(662)\t619\n", "q10k_tbl_124": "As of December 31 2014 (M$)\tCost\tDepreciation and impairment\tNet\nUpstream properties\t\t\t\nProved properties\t139294\t(86326)\t52968\nUnproved properties\t2153\t0\t2153\nWork in progress\t38698\t(1574)\t37124\nSubtotal\t180145\t(87900)\t92245\nOther property plant and equipment\t\t\t\nLand\t1683\t(613)\t1070\nMachinery plant and equipment (including transportation equipment)\t30966\t(24874)\t6092\nBuildings\t8141\t(5291)\t2850\nWork in progress\t2367\t(324)\t2043\nOther\t8673\t(6097)\t2576\nSubtotal\t51830\t(37199)\t14631\nTotal property plant and equipment\t231975\t(125099)\t106876\n", "q10k_tbl_125": "As of December 31 2013 (M$)\tCost\tDepreciation and impairment\tNet\nUpstream properties\t\t\t\nProved properties\t134512\t(83423)\t51089\nUnproved properties\t1432\t0\t1432\nWork in progress\t34668\t(56)\t34612\nSubtotal\t170612\t(83479)\t87133\nOther property plant and equipment\t\t\t\nLand\t1846\t(582)\t1264\nMachinery plant and equipment (including transportation equipment)\t35215\t(26903)\t8312\nBuildings\t9050\t(5870)\t3180\nWork in progress\t2318\t(465)\t1853\nOther\t9717\t(6979)\t2738\nSubtotal\t58146\t(40799)\t17347\nTotal property plant and equipment\t228758\t(124278)\t104480\n", "q10k_tbl_126": "As of December 31 2012 (M$)\tCost\tDepreciation and impairment\tNet\nUpstream properties\t\t\t\nProved properties\t115971\t(76303)\t39668\nUnproved properties\t302\t0\t302\nWork in progress\t35155\t(227)\t34928\nSubtotal\t151428\t(76530)\t74898\nOther property plant and equipment\t\t\t\nLand\t1787\t(537)\t1250\nMachinery plant and equipment (including transportation equipment)\t33645\t(25673)\t7972\nBuildings\t8562\t(5505)\t3057\nWork in progress\t2285\t(365)\t1920\nOther\t9029\t(6649)\t2380\nSubtotal\t55308\t(38729)\t16579\nTotal property plant and equipment\t206736\t(115259)\t91477\n", "q10k_tbl_127": "(M$)\tNet amount as of January 1\tAcquisitions\tDisposals\tDepreciation and impairment\tCurrency translation adjustment\tOther\tNet amount as of December 31\n2014\t104480\t25320\t(2211)\t(16939)\t(4438)\t664\t106876\n2013\t91477\t26100\t(2828)\t(11831)\t(361)\t1923\t104480\n2012\t83400\t22405\t(813)\t(11617)\t1286\t(3184)\t91477\n", "q10k_tbl_128": "As of December 31 2014 (M$)\tCost\tDepreciation and impairment\tNet\nMachinery plant and equipment\t520\t(443)\t77\nBuildings\t72\t(45)\t27\nOther\t245\t(29)\t216\nTotal\t837\t(517)\t320\nAs of December 31 2013 (M$)\tCost\tDepreciation and impairment\tNet\nMachinery plant and equipment\t519\t(417)\t102\nBuildings\t72\t(35)\t37\nOther\t263\t(17)\t246\nTotal\t854\t(469)\t385\nAs of December 31 2012 (M$)\tCost\tDepreciation and impairment\tNet\nMachinery plant and equipment\t502\t(378)\t124\nBuildings\t69\t(33)\t36\nOther\t267\t(3)\t264\nTotal\t838\t(414)\t424\n", "q10k_tbl_129": "Equity value As of December 31 (M$)\t2014\t2013\t2012\nTotal Associates\t11632\t13717\t12374\nTotal Joint ventures\t3016\t3146\t2665\nTotal\t14648\t16863\t15039\nLoans\t4626\t3554\t3114\nTotal\t19274\t20417\t18153\n", "q10k_tbl_130": "Equity share in profit/(loss) As of December 31 (M$)\t2014\t2013\t2012\nTotal Associates\t2786\t3238\t2520\nTotal Joint ventures\t(124)\t177\t62\nTotal\t2662\t3415\t2582\n", "q10k_tbl_131": "Other comprehensive income As of December 31 (M$)\t2014\t2013\t2012\nTotal Associates\t(1532)\t(669)\t134\nTotal Joint ventures\t(6)\t(136)\t115\nTotal\t(1538)\t(805)\t249\n", "q10k_tbl_132": "\tNovatek(a)\t\t\tLiquefaction entities\t\t\tPetroCedeño\t\t\n(M$)\t2014\t2013\t2012\t2014\t2013\t2012\t2014\t2013\t2012\nNon current assets\t9551\t13617\t11465\t33909\t31680\t30751\t6458\t6263\t6074\nCurrent assets\t1648\t2829\t1652\t9007\t7684\t7480\t10033\t5059\t4499\nTotal Assets\t11199\t16446\t13117\t42916\t39364\t38231\t16491\t11322\t10573\nShareholder's equity\t7135\t10683\t9289\t25090\t23256\t20919\t5597\t5581\t5578\nNon current liabilities\t3352\t4934\t2718\t10876\t11474\t12686\t274\t186\t208\nCurrent liabilities\t712\t829\t1110\t6950\t4634\t4626\t10620\t5555\t4787\nTotal Liabilities\t11199\t16446\t13117\t42916\t39364\t38231\t16491\t11322\t10573\nRevenue from sales\t9222\t9355\t7019\t39502\t38728\t38296\t3644\t4117\t4707\nNet income\t2759\t2647\t3744\t14269\t14381\t13941\t343\t600\t522\nOther comprehensive income\t(5431)\t(697)\t372\t0\t0\t0\t0\t0\t0\n% owned\t18.24%\t16.96%\t15.34%\t\t\t\t30.32%\t30.32%\t30.32%\nRevaluation identifiable assets on equity afiliates\t1944\t3545\t3608\t0\t0\t0\t0\t0\t0\nEquity value\t3245\t5357\t5034\t4130\t3625\t3049\t1697\t1692\t1692\nEquity share in profit/(loss)\t193\t221\t43\t2125\t2027\t1769\t104\t182\t158\nEquity other comprehensive income\t(1844)\t(621)\t143\t200\t(21)\t(1)\t0\t0\t0\nDividends paid to the Group\t126\t102\t89\t1687\t1579\t1908\t99\t182\t60\n", "q10k_tbl_133": "\tSaudi Aramco Total Refining & Petrochemicals\t\t\tQatar\t\t\n(M$)\t2014\t2013\t2012\t2014\t2013\t2012\nNon current assets\t12654\t12356\t10380\t3020\t2867\t2561\nCurrent assets\t1250\t1331\t98\t1385\t1277\t1086\nTotal Assets\t13904\t13687\t10478\t4405\t4144\t3647\nShareholder's equity\t1672\t1485\t623\t2930\t2629\t2271\nNon current liabilities\t9584\t10441\t9253\t409\t481\t905\nCurrent liabilities\t2648\t1761\t602\t1066\t1034\t471\nTotal Liabilities\t13904\t13687\t10478\t4405\t4144\t3647\nRevenue from sales\t7061\t0\t0\t1817\t2161\t1858\nNet income\t(113)\t(89)\t(99)\t875\t1009\t925\nOther comprehensive income\t0\t0\t0\t0\t0\t3\n% owned\t37.50%\t37.50%\t37.50%\t\t\t\nRevaluation identifiable assets on equity affiliates\t0\t0\t0\t0\t0\t0\nEquity value\t627\t557\t233\t850\t798\t678\nEquity share in profit/(loss)\t(42)\t(33)\t(37)\t312\t346\t301\nEquity other comprehensive income\t89\t(35)\t(3)\t25\t(8)\t0\nDividends paid to the Group\t0\t0\t0\t261\t224\t114\n", "q10k_tbl_134": "\tLiquefaction entities (Upstream)\t\t\tSamsung Total Petrochemicals (Refining & Chemicals)\t\t\n(M$)\t2014\t2013\t2012\t2014\t2013\t2012\nNon current assets\t23326\t12569\t4521\t3754\t3785\t2668\nCurrent assets excluding cash and cash equivalents\t731\t52\t131\t1972\t1335\t1211\nCash and cash equivalents\t516\t359\t189\t149\t157\t119\nTotal Assets\t24573\t12980\t4841\t5875\t5277\t3998\nShareholder's equity\t1198\t862\t1193\t2323\t2336\t2000\nOther non current liabilities\t225\t7\t7\t126\t83\t69\nNon current financial debts\t21596\t10696\t2463\t1793\t1382\t900\nOther current liabilities\t1269\t1415\t1178\t705\t706\t617\nCurrent financial debts\t285\t0\t0\t928\t770\t412\nTotal Liabilities\t24573\t12980\t4841\t5875\t5277\t3998\nRevenue from sales\t5\t7\t0\t8366\t7188\t6429\nDepreciation and amortization\t(5)\t0\t0\t(223)\t(199)\t(213)\nInterest income\t2\t0\t0\t1\t0\t0\nInterest expense\t(1)\t0\t0\t(45)\t(21)\t(33)\nIncome taxes\t50\t0\t0\t(114)\t(98)\t(75)\nNet income\t36\t(93)\t(81)\t79\t377\t175\nOther comprehensive income\t0\t(295)\t58\t(94)\t47\t152\n% owned\t\t\t\t50.00%\t50.00%\t50.00%\nRevaluation identifiable assets on equity affiliates\t874\t978\t774\t0\t0\t0\nEquity value\t1130\t1164\t1030\t1161\t1169\t1000\nEquity share in profit/(loss)\t10\t(21)\t(16)\t40\t189\t87\nEquity other comprehensive income\t(26)\t(137)\t55\t(24)\t14\t59\nDividends paid to the Group\t0\t0\t0\t0\t45\t76\n", "q10k_tbl_135": "\t2014\t\t2013\t\t2012\t\nAs of December 31 (M$)\tAssociates\tJoint ventures\tAssociates\tJoint ventures\tAssociates\tJoint ventures\nNon Current assets\t3502\t1456\t4018\t1460\t3314\t942\nCurrent assets\t1478\t1283\t1498\t1521\t1223\t1320\nTotal Assets\t4980\t2739\t5516\t2981\t4537\t2262\nShareholder's equity\t1083\t725\t1688\t813\t1689\t634\nNon current liabilities\t2348\t877\t2227\t1050\t1725\t694\nCurrent liabilities\t1549\t1137\t1601\t1118\t1123\t934\nTotal Liabilities\t4980\t2739\t5516\t2981\t4537\t2262\n", "q10k_tbl_136": "\t2014\t\t2013\t\t2012\t\nFor the year ended December 31 (M$)\tAssociates\tJoint ventures\tAssociates\tJoint ventures\tAssociates\tJoint ventures\nRevenues from sales\t4124\t4473\t3910\t5512\t3834\t5054\nNet income\t95\t(175)\t495\t9\t287\t(10)\nOther comprehensive income\t(2)\t44\t16\t(13)\t(4)\t0\nEquity value\t1083\t725\t1688\t813\t1689\t634\nDividends paid to the Group\t470\t43\t446\t48\t546\t41\n", "q10k_tbl_137": "As of December 31 2014 (M$)\tCarrying amount\tUnrealized gain (loss)\tBalance sheet value\nAreva(a)\t44\t(4)\t40\nOther publicly traded equity securities\t21\t23\t44\nTotal publicly traded equity securities(b)\t65\t19\t84\nBBPP\t62\t0\t62\nBTC Limited\t132\t0\t132\nOther equity securities\t1121\t0\t1121\nTotal other equity securities(b)\t1315\t0\t1315\nOther investments\t1380\t19\t1399\n", "q10k_tbl_138": "As of December 31 2013 (M$)\tCarrying amount\tUnrealized gain (loss)\tBalance sheet value\nAreva(a)\t51\t44\t95\nOlympia Energy Fund - energy investment fund\t50\t(10)\t40\nOther publicly traded equity securities\t10\t15\t25\nTotal publicly traded equity securities(b)\t111\t49\t160\nBBPP\t80\t0\t80\nBTC Limited\t144\t0\t144\nOther equity securities\t1282\t0\t1282\nTotal other equity securities(b)\t1506\t0\t1506\nOther investments\t1617\t49\t1666\n", "q10k_tbl_139": "As of December 31 2012 (M$)\tCarrying amount\tUnrealized gain (loss)\tBalance sheet value\nAreva(a)\t50\t13\t63\nOlympia Energy Fund - energy investment fund\t50\t(8)\t42\nOther publicly traded equity securities\t6\t10\t16\nTotal publicly traded equity securities(b)\t106\t15\t121\nBBPP\t80\t0\t80\nOcensa\t110\t0\t110\nBTC Limited\t157\t0\t157\nOther equity securities\t1103\t0\t1103\nTotal other equity securities(b)\t1450\t0\t1450\nOther investments\t1556\t15\t1571\n", "q10k_tbl_140": "As of December 31 2014 (M$)\tGross value\tValuation allowance\tNet value\nLoans and advances(a)\t3998\t(672)\t3326\nOther\t866\t0\t866\nTotal\t4864\t(672)\t4192\n", "q10k_tbl_141": "As of December 31 2013 (M$)\tGross value\tValuation allowance\tNet value\nLoans and advances(a)\t4073\t(498)\t3575\nOther\t831\t0\t831\nTotal\t4904\t(498)\t4406\n", "q10k_tbl_142": "As of December 31 2012 (M$)\tGross value\tValuation allowance\tNet value\nLoans and advances(a)\t3421\t(509)\t2912\nOther\t601\t0\t601\nTotal\t4022\t(509)\t3513\n", "q10k_tbl_143": "For the year ended December 31 (M$)\tValuation allowance as of January 1\tIncreases\tDecreases\tCurrency translation adjustment and other variations\tValuation allowance as of December 31\n2014\t(498)\t(63)\t102\t(213)\t(672)\n2013\t(509)\t(21)\t9\t23\t(498)\n2012\t(516)\t(21)\t23\t5\t(509)\n", "q10k_tbl_144": "As of December 31 2014 (M$)\tGross value\tValuation allowance\tNet value\nCrude oil and natural gas\t2697\t(188)\t2509\nRefined products\t5922\t(422)\t5500\nChemicals products\t1119\t(85)\t1034\nTrading inventories\t2950\t0\t2950\nOther inventories\t3903\t(700)\t3203\nTotal\t16591\t(1395)\t15196\n", "q10k_tbl_145": "As of December 31 2013 (M$)\tGross value\tValuation allowance\tNet value\nCrude oil and natural gas\t4515\t(25)\t4490\nRefined products\t8868\t(153)\t8715\nChemicals products\t1616\t(108)\t1508\nTrading inventories\t4401\t0\t4401\nOther inventories\t3719\t(736)\t2983\nTotal\t23119\t(1022)\t22097\n", "q10k_tbl_146": "As of December 31 2012 (M$)\tGross value\tValuation allowance\tNet value\nCrude oil and natural gas\t4016\t(22)\t3994\nRefined products\t9459\t(114)\t9345\nChemicals products\t1900\t(124)\t1776\nTrading inventories\t4990\t0\t4990\nOther inventories\t3457\t(608)\t2849\nTotal\t23822\t(868)\t22954\n", "q10k_tbl_147": "For the year ended December 31 (M$)\tValuation allowance as of January 1\tIncrease (net)\tCurrency translation adjustment and other variations\tValuation allowance as of December 31\n2014\t(1022)\t(495)\t122\t(1395)\n2013\t(868)\t(158)\t4\t(1022)\n2012\t(736)\t(123)\t(9)\t(868)\n", "q10k_tbl_148": "As of December 31 2014 (M$)\tGross value\tValuation allowance\tNet value\nAccounts receivable\t16306\t(602)\t15704\nRecoverable taxes\t3242\t0\t3242\nOther operating receivables\t11159\t(367)\t10792\nPrepaid expenses\t1609\t0\t1609\nOther current assets\t59\t0\t59\nOther current assets\t16069\t(367)\t15702\n", "q10k_tbl_149": "As of December 31 2013 (M$)\tGross value\tValuation allowance\tNet value\nAccounts receivable\t24165\t(743)\t23422\nRecoverable taxes\t3423\t0\t3423\nOther operating receivables\t10071\t(154)\t9917\nPrepaid expenses\t1482\t0\t1482\nOther current assets\t70\t0\t70\nOther current assets\t15046\t(154)\t14892\n", "q10k_tbl_150": "As of December 31 2012 (M$)\tGross value\tValuation allowance\tNet value\nAccounts receivable\t25962\t(623)\t25339\nRecoverable taxes\t3689\t0\t3689\nOther operating receivables\t8466\t(340)\t8126\nPrepaid expenses\t1432\t0\t1432\nOther current assets\t60\t0\t60\nOther current assets\t13647\t(340)\t13307\n", "q10k_tbl_151": "For the year ended December 31 (M$)\tValuation allowance as of January 1\tIncrease (net)\tCurrency translation adjustments and other variations\tValuation allowance as of December 31\nAccounts receivable\t\t\t\t\n2014\t(743)\t46\t95\t(602)\n2013\t(623)\t(117)\t(3)\t(743)\n2012\t(625)\t(72)\t74\t(623)\nOther current assets\t\t\t\t\n2014\t(154)\t(221)\t8\t(367)\n2013\t(340)\t163\t23\t(154)\n2012\t(365)\t33\t(8)\t(340)\n", "q10k_tbl_152": "As of December 31 2011\t\t2363767313\nShares issued in connection with:\tCapital increase as part of the global free share plan intended for the Group employees\t1366950\n\tExercise of TOTAL share subscription options\t798883\nAs of December 31 2012\t\t2365933146\nShares issued in connection with:\tCapital increase reserved for employees\t10802215\n\tExercise of TOTAL share subscription options\t942799\nAs of December 31 2013\t\t2377678160\nShares issued in connection with:\tCapital increase as part of the global free share plan intended for the Group employees\t666575\n\tExercise of TOTAL share subscription options\t6922790\nAs of December 31 2014(a)\t\t2385267525\n", "q10k_tbl_153": "\t2014\t2013\t2012\nNumber of shares as of January 1\t2377678160\t2365933146\t2363767313\nNumber of shares issued during the year (pro rated)\t\t\t\nExercise of TOTAL share subscription options\t3768183\t248606\t663429\nExercise of TOTAL share purchase options\t0\t0\t0\nTOTAL performance shares\t2121605\t1197228\t991126\nGlobal free TOTAL share plan(a)\t333637\t227\t683868\nCapital increase reserved for employees\t0\t7201477\t0\nTOTAL shares held by TOTAL S.A. or by its subsidiaries and deducted from shareholders' equity\t(111042073)\t(110230889)\t(110304173)\nWeighted-average number of shares\t2272859512\t2264349795\t2255801563\nDilutive effect\t\t\t\nTOTAL share subscription and purchase options\t2119759\t554224\t247527\nTOTAL performance shares\t3578225\t4924693\t7748805\nGlobal free TOTAL share plan(a)\t353054\t852057\t1703554\nCapital increase reserved for employees\t2093601\t862889\t1134296\nWeighted-average number of diluted shares\t2281004151\t2271543658\t2266635745\n", "q10k_tbl_154": "For the year ended December 31 (M$)\t2014\t\t2013\t\t2012\t\nActuarial gains and loses\t\t(1526)\t\t682\t\t(1171)\nTax effect\t\t580\t\t(287)\t\t465\nCurrency translation adjustment generated by the parent company\t\t(9039)\t\t3129\t\t1324\nSubtotal items not potentially reclassifiable to profit & loss\t\t(9985)\t\t3524\t\t618\nCurrency translation adjustment\t\t4245\t\t(1925)\t\t(397)\n- Unrealized gain/(loss) of the period\t4413\t\t(1972)\t\t(392)\t\n- Less gain/(loss) included in net income\t168\t\t(47)\t\t5\t\nAvailable for sale financial assets\t\t(29)\t\t33\t\t(435)\n- Unrealized gain/(loss) of the period\t(39)\t\t33\t\t80\t\n- Less gain/(loss) included in net income\t(10)\t\t0\t\t515\t\nCash flow hedge\t\t97\t\t156\t\t83\n- Unrealized gain/(loss) of the period\t(198)\t\t242\t\t195\t\n- Less gain/(loss) included in net income\t(295)\t\t86\t\t112\t\nShare of other comprehensive income of equity affiliates net amount\t\t(1538)\t\t(805)\t\t249\nOther\t\t3\t\t(12)\t\t(18)\n- Unrealized gain/(loss) of the period\t3\t\t(12)\t\t(18)\t\n- Less gain/(loss) included in net income\t0\t\t0\t\t0\t\nTax effect\t\t(18)\t\t(62)\t\t82\nSubtotal items potentially reclassifiable to profit & loss\t\t2760\t\t(2615)\t\t(436)\nTotal other comprehensive income net amount\t\t(7225)\t\t909\t\t182\n", "q10k_tbl_155": "As of December 31 2014 (M$)\tTotal\tEuro\tPound sterling\tRuble\tOther currencies\nCurrency translation adjustment generated by the parent company\t(9039)\t(9039)\t0\t0\t0\nCurrency translation adjustment\t4245\t5474\t(372)\t(22)\t(835)\nCurrency translation adjustment of equity affiliates\t(1521)\t1127\t21\t(2586)\t(83)\nTotal currency translation adjustment recognized in comprehensive income\t(6315)\t(2438)\t(351)\t(2608)\t(918)\n", "q10k_tbl_156": "As of December 31 2013 (M$)\tTotal\tEuro\tPound sterling\tRuble\tOther currencies\nCurrency translation adjustment generated by the parent company\t3129\t3129\t0\t0\t0\nCurrency translation adjustment\t(1925)\t(1632)\t153\t(2)\t(444)\nCurrency translation adjustment of equity affiliates\t(768)\t(329)\t(8)\t(441)\t10\nTotal currency translation adjustment recognized in comprehensive income\t436\t1168\t145\t(443)\t(434)\n", "q10k_tbl_157": "As of December 31 2012 (M$)\tTotal\tEuro\tPound sterling\tRuble\tOther currencies\nCurrency translation adjustment generated by the parent company\t1324\t1324\t0\t0\t0\nCurrency translation adjustment\t(397)\t(829)\t254\t0\t178\nCurrency translation adjustment of equity affiliates\t247\t(127)\t(15)\t301\t88\nTotal currency translation adjustment recognized in comprehensive income\t1174\t368\t239\t301\t266\n", "q10k_tbl_158": "\t2014\t\t\t2013\t\t\t2012\t\t\nFor the year ended December 31 (M$)\tPre-tax amount\tTax effect\tNet amount\tPre-tax amount\tTax effect\tNet amount\tPre-tax amount\tTax effect\tNet amount\nActuarial gains and losses\t(1526)\t580\t(946)\t682\t(287)\t395\t(1171)\t465\t(706)\nCurrency translation adjustment generated by the parent company\t(9039)\t\t(9039)\t3129\t\t3129\t1324\t\t1324\nSubtotal items not potentially reclassifiable to profit & loss\t(10565)\t580\t(9985)\t3811\t(287)\t3524\t153\t465\t618\nCurrency translation adjustment\t4245\t0\t4245\t(1925)\t0\t(1925)\t(397)\t0\t(397)\nAvailable for sale financial assets\t(29)\t15\t(14)\t33\t(8)\t25\t(435)\t115\t(320)\nCash flow hedge\t97\t(33)\t64\t156\t(54)\t102\t83\t(33)\t50\nShare of other comprehensive income of equity affiliates net amount\t(1538)\t0\t(1538)\t(805)\t0\t(805)\t249\t0\t249\nOther\t3\t0\t3\t(12)\t0\t(12)\t(18)\t0\t(18)\nSubtotal items potentially reclassifiable to profit & loss\t2778\t(18)\t2760\t(2553)\t(62)\t(2615)\t(518)\t82\t(436)\nTotal other comprehensive income\t(7787)\t562\t(7225)\t1258\t(349)\t909\t(365)\t547\t182\n", "q10k_tbl_159": "As of December 31 (M$)\t2014\t2013\t2012\nPension benefits liabilities\t3751\t3095\t3656\nOther benefits liabilities\t757\t788\t927\nRestructuring reserves (early retirement plans)\t250\t352\t356\nTotal\t4758\t4235\t4939\nNet liabilities relating to assets held for sale\t208\t0\t12\n", "q10k_tbl_160": "\tPension benefits\t\t\tOther benefits\t\t\nAs of December 31 (M$)\t2014\t2013\t2012\t2014\t2013\t2012\nChange in benefit obligation\t\t\t\t\t\t\nBenefit obligation at beginning of year\t14310\t14372\t12061\t788\t927\t813\nCurrent service cost\t281\t290\t231\t16\t21\t18\nInterest cost\t560\t515\t551\t31\t31\t37\nPast service cost\t(84)\t12\t262\t(4)\t(68)\t10\nSettlements\t1\t(90)\t0\t0\t(1)\t0\nPlan participants' contributions\t11\t10\t12\t0\t0\t0\nBenefits paid\t(694)\t(717)\t(705)\t(38)\t(45)\t(47)\nActuarial losses (gains)\t1281\t(362)\t1563\t127\t(92)\t75\nForeign currency translation and other\t(1369)\t280\t397\t(75)\t15\t21\nBenefit obligation at year-end\t14297\t14310\t14372\t845\t788\t927\nOf which plans entirely or partially funded\t13448\t13283\t13086\t0\t0\t0\nOf which plans not funded\t849\t1027\t1286\t845\t788\t927\nChange in fair value of plan assets\t\t\t\t\t\t\nFair value of plan assets at beginning of year\t(11293)\t(10750)\t(9094)\t0\t0\t0\nInterest income\t(463)\t(408)\t(435)\t0\t0\t0\nActuarial losses (gains)\t111\t(249)\t(470)\t0\t0\t0\nSettlements\t0\t91\t0\t0\t0\t0\nPlan participants' contributions\t(11)\t(10)\t(12)\t0\t0\t0\nEmployer contributions\t(384)\t(298)\t(1011)\t0\t0\t0\nBenefits paid\t563\t602\t580\t0\t0\t0\nForeign currency translation and other\t979\t(271)\t(308)\t0\t0\t0\nFair value of plan assets at year-end\t(10498)\t(11293)\t(10750)\t0\t0\t0\nUnfunded status\t3799\t3017\t3622\t845\t788\t927\nAsset ceiling\t34\t29\t20\t0\t0\t0\nNet recognized amount\t3833\t3046\t3642\t845\t788\t927\nPension benefits and other benefits liabilities\t3751\t3095\t3656\t757\t788\t927\nOther non-current assets\t(38)\t(49)\t(26)\t0\t0\t0\nNet benefit liabilities relating to assets held for sale\t120\t0\t12\t88\t0\t0\n", "q10k_tbl_161": "\tPension benefits\t\t\tOther benefits\t\t\nFor the year ended December 31 (M$)\t2014\t2013\t2012\t2014\t2013\t2012\nCurrent service cost\t281\t290\t231\t16\t21\t18\nPast service cost\t(84)\t12\t262\t(4)\t(68)\t10\nSettlements\t1\t1\t0\t0\t(1)\t0\nNet interest cost\t97\t107\t116\t31\t31\t37\nBenefit amounts recognized on Profit & Loss\t295\t410\t609\t43\t(17)\t65\n- Actuarial (Gains) Losses\t\t\t\t\t\t\n* Effect of changes in demographic assumptions\t178\t5\t41\t18\t(9)\t(1)\n* Effect of changes in financial assumptions\t1295\t(299)\t1323\t129\t(68)\t86\n* Effect of experience adjustments\t(192)\t(68)\t199\t(20)\t(15)\t(10)\n* Actual return on plan assets (excluding interest income)\t111\t(249)\t(470)\t0\t0\t0\n- Effect of asset ceiling\t7\t21\t3\t0\t0\t0\nBenefit amounts recognized on Equity\t1399\t(590)\t1096\t127\t(92)\t75\nTotal benefit amounts recognized on other comprehensive income\t1694\t(180)\t1705\t170\t(109)\t140\n", "q10k_tbl_162": "Estimated future payments (M$)\tPension benefits\tOther benefits\n2015\t768\t34\n2016\t759\t35\n2017\t967\t35\n2018\t747\t35\n2019\t792\t36\n2020-2024\t4202\t181\n", "q10k_tbl_163": "Asset allocation\tPension benefits\t\t\nAs of December 31\t2014\t2013\t2012\nEquity securities\t29%\t30%\t29%\nDebt securities\t43%\t64%\t64%\nMonetary\t3%\t2%\t3%\nAnnuity contracts\t21%\t0\t0\nReal estate\t4%\t4%\t4%\n", "q10k_tbl_164": "Assumptions used to determine benefits obligations\t\tPension benefits\t\t\tOther benefits\t\t\nAs of December 31\t\t2014\t2013\t2012\t2014\t2013\t2012\nDiscount rate (weighted average for all regions)\t\t3.06%\t4.14%\t3.79%\t3.12%\t4.14%\t3.82%\n\tOf which Euro zone\t1.95%\t3.40%\t3.20%\t2.22%\t3.44%\t3.19%\n\tOf which United States\t4.00%\t4.74%\t4.00%\t4.00%\t4.71%\t4.00%\n\tOf which United Kingdom\t3.75%\t4.50%\t4.25%\t0\t0\t0\nInflation rate (weighted average for all regions)\t\t2.44%\t2.67%\t2.24%\t0\t0\t0\n\tOf which Euro zone\t1.75%\t2.00%\t2.00%\t0\t0\t0\n\tOf which United Kingdom\t3.25%\t3.50%\t2.75%\t0\t0\t0\n", "q10k_tbl_165": "As of December 31 (M$)\t2014\t2013\t2012\nLitigations and accrued penalty claims\t1040\t862\t1227\nProvisions for environmental contingencies\t994\t1160\t733\nAsset retirement obligations\t13121\t12808\t10059\nOther non-current provisions\t1528\t1522\t1357\nOther non-current liabilities\t862\t1165\t1909\nTotal\t17545\t17517\t15285\n", "q10k_tbl_166": "(M$)\tAs of January 1\tAllowances\tReversals\tCurrency translation adjustment\tOther\tAs of December 31\n2014\t17517\t1463\t(1029)\t(1228)\t822\t17545\n2013\t15285\t1738\t(1347)\t(64)\t1905\t17517\n2012\t14114\t1564\t(1140)\t363\t384\t15285\n", "q10k_tbl_167": "(M$)\tAs of January 1\tAccretion\tRevision in estimates\tNew obligations\tSpending on existing obligations\tCurrency translation adjustment\tOther\tAs of December 31\n2014\t12808\t543\t1007\t359\t(440)\t(902)\t(254)\t13121\n2013\t10059\t584\t2196\t552\t(381)\t(156)\t(46)\t12808\n2012\t8907\t520\t236\t149\t(403)\t307\t343\t10059\n", "q10k_tbl_168": "As of December 31 2014 (M$) (Assets) / Liabilities\tSecured\tUnsecured\tTotal\nNon-current financial debt\t798\t44683\t45481\nof which hedging instruments of non-current financial debt (liabilities)\t0\t944\t944\nHedging instruments of non-current financial debt (assets)(a)\t0\t(1319)\t(1319)\nNon-current financial debt - net of hedging instruments\t798\t43364\t44162\nBonds after fair value hedge\t0\t36558\t36558\nFixed rate bonds and bonds after cash flow hedge\t0\t6155\t6155\nBank and other floating rate\t265\t395\t660\nBank and other fixed rate\t215\t256\t471\nFinancial lease obligations\t318\t0\t318\nNon-current financial debt - net of hedging instruments\t798\t43364\t44162\n", "q10k_tbl_169": "As of December 31 2013 (M$) (Assets) / Liabilities\tSecured\tUnsecured\tTotal\nNon-current financial debt\t717\t33857\t34574\nof which hedging instruments of non-current financial debt (liabilities)\t0\t325\t325\nHedging instruments of non-current financial debt (assets)(a)\t0\t(1418)\t(1418)\nNon-current financial debt - net of hedging instruments\t717\t32439\t33156\nBonds after fair value hedge\t0\t25965\t25965\nFixed rate bonds and bonds after cash flow hedge\t0\t6079\t6079\nBank and other floating rate\t173\t247\t420\nBank and other fixed rate\t158\t148\t306\nFinancial lease obligations\t386\t0\t386\nNon-current financial debt - net of hedging instruments\t717\t32439\t33156\n", "q10k_tbl_170": "As of December 31 2012 (M$) (Assets) / Liabilities\tSecured\tUnsecured\tTotal\nNon-current financial debt\t941\t28451\t29392\nof which hedging instruments of non-current financial debt (liabilities)\t0\t14\t14\nHedging instruments of non-current financial debt (assets)(a)\t0\t(2145)\t(2145)\nNon-current financial debt - net of hedging instruments\t941\t26306\t27247\nBonds after fair value hedge\t0\t20095\t20095\nFixed rate bonds and bonds after cash flow hedge\t0\t5943\t5943\nBank and other floating rate\t404\t38\t442\nBank and other fixed rate\t107\t221\t328\nFinancial lease obligations\t430\t9\t439\nNon-current financial debt - net of hedging instruments\t941\t26306\t27247\n", "q10k_tbl_171": "Bonds after fair value hedge (M$)\tCurrency of issuance\tFair value after hedging as of December 31 2014\tFair value after hedging as of December 31 2013\tFair value after hedging as of December 31 2012\tRange of maturities\tRange of initial rate before hedging instruments\nBond\tFRF\t0\t0\t168\t2013\t5.000%\nBond\tUSD\t16385\t12733\t8833\t2013 to 2024\t0.750% to 5.750%\nBond\tUSD\t2385\t2553\t1728\t2013 to 2020\tUSLIBOR 3 month + 0.03% to USLIBOR 3 month + 0.75%\nBond\tCHF\t2161\t2234\t2863\t2013 to 2024\t1.010% to 3.135%\nBond\tNZD\t251\t138\t137\t2014 to 2020\t4.750% to 6.750%\nBond\tAUD\t1689\t1309\t1457\t2013 to 2021\t3.750% to 7.500%\nBond\tEUR\t12127\t7956\t6613\t2013 to 2044\t1.125% to 4.875%\nBond\tEUR\t1638\t390\t0\t2020\tEURIBOR 3 month + 0.30% to EURIBOR 3 month + 0.31%\nBond\tCAD\t288\t339\t244\t2014 to 2020\t2.000% to 2.500%\nBond\tGBP\t1662\t1241\t1899\t2013 to 2020\t2.250% to 5.500%\nBond\tGBP\t468\t0\t0\t2019\tGBLIB3M + 0.30%\nBond\tJPY\t0\t110\t106\t2014\t1.505% to 1.723%\nBond\tJPY\t0\t0\t197\t2013\tEURIBOR 6 month + 0.008%\nBond\tNOK\t566\t565\t462\t2016 to 2018\t2.250% to 4.000%\nBond\tHKD\t213\t150\t144\t2014 to 2025\t2.920% to 4.180%\nBond\tSEK\t95\t94\t91\t2016\t3.625%\nCurrent portion (less than one year)\t\t(4068)\t(4545)\t(5545)\t\t\nTotal Principal Financing Entities (a)+(b)+(c)\t\t35860\t25267\t19397\t\t\nOther Consolidated Subsidiaries\t\t698\t698\t698\t\t\nTotal bonds after fair value hedge\t\t36558\t25965\t20095\t\t\n", "q10k_tbl_172": "Bonds after cash flow hedge and fixed rate bonds (M$)\tCurrency of issuance\tFair value after hedging as of December 31 2014\tFair value after hedging as of December 31 2013\tFair value after hedging as of December 31 2012\tRange of maturities\tRange of initial rate before hedging instruments\nBond\tEUR\t1986\t2007\t2147\t2019 to 2024\t4.875% to 5.125%\nBond\tUSD\t3750\t3749\t3250\t2020 to 2023\t2.750% to 4.450%\nBond\tCNY\t172\t177\t0\t2018\t3.750%\nCurrent portion (less than one year)\t\t0\t0\t0\t\t\nTotal Principal Financing Entities (a)+(b)+(c)\t\t5908\t5933\t5397\t\t\nOther Consolidated Subsidiaries\t\t247\t146\t546\t\t\nTotal bonds after cash flow hedge and fixed rate bonds\t\t6155\t6079\t5943\t\t\n", "q10k_tbl_173": "As of December 31 2014 (M$)\tNon-current financial debt\tof which hedging instruments of non-current financial debt (liabilities)\tHedging instruments of non-current financial debt (assets)\tNon-current financial debt - net of hedging instruments\t%\n2016\t4987\t73\t(194)\t4793\t11%\n2017\t4689\t132\t(142)\t4547\t10%\n2018\t4784\t108\t(333)\t4451\t10%\n2019\t4973\t62\t(208)\t4765\t11%\n2020 and beyond\t26048\t569\t(442)\t25606\t58%\nTotal\t45481\t944\t(1319)\t44162\t100%\nAs of December 31 2013 (M$)\tNon-current financial debt\tof which hedging instruments of non-current financial debt (liabilities)\tHedging instruments of non-current financial debt (assets)\tNon-current financial debt - net of hedging instruments\t%\n2015\t4999\t4\t(352)\t4647\t14%\n2016\t4745\t26\t(217)\t4528\t14%\n2017\t4267\t77\t(108)\t4159\t12%\n2018\t4670\t51\t(309)\t4361\t13%\n2019 and beyond\t15893\t167\t(432)\t15461\t47%\nTotal\t34574\t325\t(1418)\t33156\t100%\nAs of December 31 2012 (M$)\tNon-current financial debt\tof which hedging instruments of non- current financial debt (liabilities)\tHedging instruments of non-current financial debt (assets)\tNon-current financial debt - net of hedging instruments\t%\n2014\t5493\t1\t(437)\t5056\t19%\n2015\t5150\t10\t(578)\t4572\t17%\n2016\t3081\t0\t(277)\t2804\t10%\n2017\t4321\t0\t(197)\t4124\t15%\n2018 and beyond\t11347\t3\t(656)\t10691\t39%\nTotal\t29392\t14\t(2145)\t27247\t100%\n", "q10k_tbl_174": "As of December 31 (M$)\t2014\t%\t2013\t%\t2012\t%\nU.S. Dollar\t41369\t94%\t27908\t84%\t18060\t66%\nEuro\t2428\t5%\t4885\t15%\t7445\t27%\nOther currencies\t365\t1%\t363\t1%\t1742\t7%\nTotal\t44162\t100%\t33156\t100%\t27247\t100%\n", "q10k_tbl_175": "As of December 31 (M$)\t2014\t%\t2013\t%\t2012\t%\nFixed rate\t6944\t16%\t6771\t20%\t6710\t25%\nFloating rate\t37218\t84%\t26385\t80%\t20537\t75%\nTotal\t44162\t100%\t33156\t100%\t27247\t100%\n", "q10k_tbl_176": "As of December 31 (M$)\t2014\t2013\t2012\n(Assets) / Liabilities\t\t\t\nCurrent financial debt(a)\t6164\t5780\t8434\nCurrent portion of non-current financial debt\t4778\t5413\t6101\nCurrent borrowings (note 28)\t10942\t11193\t14535\nCurrent portion of hedging instruments of debt (liabilities)\t133\t314\t111\nOther current financial instruments (liabilities)\t47\t67\t121\nOther current financial liabilities (note 28)\t180\t381\t232\nCurrent deposits beyond three months\t(469)\t(161)\t(1442)\nCurrent portion of hedging instruments of debt (assets)\t(460)\t(469)\t(568)\nOther current financial instruments (assets)\t(364)\t(109)\t(51)\nCurrent financial assets (note 28)\t(1293)\t(739)\t(2061)\nCurrent borrowings and related financial assets and liabilities net\t9829\t10835\t12706\n", "q10k_tbl_177": "As of December 31 (M$)\t2014\t2013\t2012\n(Assets) / Liabilities\t\t\t\nCurrent borrowings\t10942\t11193\t14535\nOther current financial liabilities\t180\t381\t232\nCurrent financial assets\t(1293)\t(739)\t(2061)\nNet financial assets and liabilities held for sale or exchange\t(56)\t(179)\t997\nNon-current financial debt\t45481\t34574\t29392\nHedging instruments on non-current financial debt\t(1319)\t(1418)\t(2145)\nCash and cash equivalents\t(25181)\t(20200)\t(20409)\nNet financial debt\t28754\t23612\t20541\nShareholders' equity - Group share\t90330\t100241\t93969\nDistribution of the income based on existing shares at the closing date\t(1686)\t(1908)\t(1757)\nNon-controlling interests\t3201\t3138\t1689\nAdjusted shareholders' equity\t91845\t101471\t93901\nNet-debt-to-equity ratio\t31.3%\t23.3%\t21.9%\n", "q10k_tbl_178": "As of December 31 (M$)\t2014\t2013\t2012\nAccruals and deferred income\t469\t299\t316\nPayable to States (including taxes and duties)\t6894\t8885\t9727\nPayroll\t1343\t1573\t1489\nOther operating liabilities\t7935\t8191\t7784\nTotal\t16641\t18948\t19316\n", "q10k_tbl_179": "For the year ended December 31 2014 (M$)\tOperating leases\tFinance leases\n2015\t1218\t61\n2016\t978\t58\n2017\t768\t19\n2018\t590\t19\n2019\t391\t19\n2020 and beyond\t1675\t260\nTotal minimum payments\t5620\t436\nLess financial expenses\t\t(78)\nNominal value of contracts\t\t358\nLess current portion of finance lease contracts\t\t(40)\nOutstanding liability of finance lease contracts\t\t318\n", "q10k_tbl_180": "For the year ended December 31 2013 (M$)\tOperating leases\tFinance leases\n2014\t1113\t72\n2015\t906\t70\n2016\t827\t66\n2017\t633\t23\n2018\t498\t23\n2019 and beyond\t1619\t285\nTotal minimum payments\t5596\t539\nLess financial expenses\t\t(113)\nNominal value of contracts\t\t426\nLess current portion of finance lease contracts\t\t(40)\nOutstanding liability of finance lease contracts\t\t386\n", "q10k_tbl_181": "For the year ended December 31 2012 (M$)\tOperating leases\tFinance leases\n2013\t1030\t73\n2014\t751\t71\n2015\t678\t70\n2016\t582\t67\n2017\t445\t25\n2018 and beyond\t1281\t311\nTotal minimum payments\t4767\t617\nLess financial expenses\t\t(142)\nNominal value of contracts\t\t475\nLess current portion of finance lease contracts\t\t(36)\nOutstanding liability of finance lease contracts\t\t439\n", "q10k_tbl_182": "\tMaturity and installments\t\t\t\nAs of December 31 2014 (M$)\tTotal\tLess than 1 year\tBetween 1 and 5 years\tMore than 5 years\nNon-current debt obligations net of hedging instruments (note 20)\t43844\t0\t18458\t25386\nCurrent portion of non-current debt obligations net of hedging instruments (note 20)\t4411\t4411\t0\t0\nFinance lease obligations (note 22)\t358\t40\t98\t220\nAsset retirement obligations (note 19)\t13121\t651\t2430\t10040\nContractual obligations recorded in the balance sheet\t61734\t5102\t20986\t35646\nOperating lease obligations (note 22)\t5620\t1218\t2727\t1675\nPurchase obligations\t160837\t19987\t33908\t106942\nContractual obligations not recorded in the balance sheet\t166457\t21205\t36635\t108617\nTotal of contractual obligations\t228191\t26307\t57621\t144263\nGuarantees given for excise taxes\t2382\t1855\t91\t436\nGuarantees given against borrowings\t10192\t140\t3784\t6268\nIndemnities related to sales of businesses\t396\t121\t110\t165\nGuarantees of current liabilities\t635\t144\t165\t326\nGuarantees to customers / suppliers\t5599\t2564\t168\t2867\nLetters of credit\t1552\t1138\t3\t411\nOther operating commitments\t4762\t1455\t2700\t607\nTotal of other commitments given\t25518\t7417\t7021\t11080\nMortgages and liens received\t418\t17\t4\t397\nSales obligations\t110949\t9287\t33629\t68033\nOther commitments received\t7081\t3321\t1388\t2372\nTotal of commitments received\t118448\t12625\t35021\t70802\nOf which commitments given relating to joint ventures\t57439\t298\t1915\t55226\n", "q10k_tbl_183": "\tMaturity and installments\t\t\t\nAs of December 31 2013 (M$)\tTotal\tLess than 1 year\tBetween 1 and 5 years\tMore than 5 years\nNon-current debt obligations net of hedging instruments (note 20)\t32770\t0\t17545\t15225\nCurrent portion of non-current debt obligations net of hedging instruments (note 20)\t5218\t5218\t0\t0\nFinance lease obligations (note 22)\t426\t40\t150\t236\nAsset retirement obligations (note 19)\t12808\t735\t2368\t9705\nContractual obligations recorded in the balance sheet\t51222\t5993\t20063\t25166\nOperating lease obligations (note 22)\t5596\t1113\t2864\t1619\nPurchase obligations\t118982\t20060\t34013\t64909\nContractual obligations not recorded in the balance sheet\t124578\t21173\t36877\t66528\nTotal of contractual obligations\t175800\t27166\t56940\t91694\nGuarantees given for excise taxes\t2444\t2048\t102\t294\nGuarantees given against borrowings\t8276\t110\t3706\t4460\nIndemnities related to sales of businesses\t320\t7\t135\t178\nGuarantees of current liabilities\t724\t123\t233\t368\nGuarantees to customers / suppliers\t4865\t2120\t190\t2555\nLetters of credit\t2360\t1863\t225\t272\nOther operating commitments\t4197\t1364\t960\t1873\nTotal of other commitments given\t23186\t7635\t5551\t10000\nMortgages and liens received\t389\t21\t1\t367\nSales obligations\t135463\t10515\t38702\t86246\nOther commitments received\t8193\t4428\t1750\t2015\nTotal of commitments received\t144045\t14964\t40453\t88628\nOf which commitments given relating to joint ventures\t11151\t98\t553\t10500\n", "q10k_tbl_184": "\tMaturity and installments\t\t\t\nAs of December 31 2012 (M$)\tTotal\tLess than 1 year\tBetween 1 and 5 years\tMore than 5 years\nNon-current debt obligations net of hedging instruments (note 20)\t26808\t0\t16368\t10440\nCurrent portion of non-current debt obligations net of hedging instruments (note 20)\t5608\t5608\t0\t0\nFinance lease obligations (note 22)\t475\t36\t188\t251\nAsset retirement obligations (note 19)\t10059\t537\t1885\t7637\nContractual obligations recorded in the balance sheet\t42950\t6181\t18441\t18328\nOperating lease obligations (note 22)\t4767\t1031\t2455\t1281\nPurchase obligations\t109799\t15839\t27824\t66136\nContractual obligations not recorded in the balance sheet\t114566\t16870\t30279\t67417\nTotal of contractual obligations\t157516\t23051\t48720\t85745\nGuarantees given for excise taxes\t2210\t1988\t93\t129\nGuarantees given against borrowings\t5214\t154\t3556\t1504\nIndemnities related to sales of businesses\t255\t5\t65\t185\nGuarantees of current liabilities\t532\t175\t139\t218\nGuarantees to customers / suppliers\t4731\t2615\t149\t1967\nLetters of credit\t3032\t2355\t333\t344\nOther operating commitments\t3508\t993\t926\t1589\nTotal of other commitments given\t19482\t8285\t5261\t5936\nMortgages and liens received\t574\t154\t11\t409\nSales obligations\t106230\t9785\t34485\t61960\nOther commitments received\t7341\t4572\t1133\t1636\nTotal of commitments received\t114145\t14511\t35629\t64005\nOf which commitments given relating to joint ventures\t9250\t0\t191\t9059\n", "q10k_tbl_185": "As of December 31 (M$)\t2014\t2013\t2012\nBalance sheet\t\t\t\nReceivables\t\t\t\nDebtors and other debtors\t697\t845\t852\nLoans (excl. loans to equity affiliates)\t155\t470\t505\nPayables\t\t\t\nCreditors and other creditors\t1199\t1208\t941\nDebts\t14\t18\t12\nFor the year ended December 31 (M$)\t2014\t2013\t2012\nStatement of income\t\t\t\nSales\t4308\t5133\t5086\nPurchases\t9890\t7271\t7350\nFinancial expense\t0\t0\t0\nFinancial income\t16\t139\t136\n", "q10k_tbl_186": "For the year ended December 31 (M$)\t2014\t2013\t2012\nNumber of people\t31\t31\t34\nDirect or indirect compensation\t28.3\t29.4\t27.4\nPension expenses(a)\t6.8\t13.3\t16.1\nOther long-term benefits expenses\t0\t0\t0\nTermination benefits expenses\t0\t0\t0\nShare-based payments expense (IFRS 2)(b)\t9.0\t15.7\t13.6\n", "q10k_tbl_187": "\t2004 Plan\t2005 Plan\t2006 Plan\t2007 Plan\t2008 Plan\t2009 Plan\t2010 Plan\t2011 Plan\tTotal\tWeighted average exercise price (in euros)\nDate of the shareholders' meeting\t05/14/2004\t05/14/2004\t05/14/2004\t05/11/2007\t05/11/2007\t05/11/2007\t05/21/2010\t05/21/2010\t\t\nDate of the award(a)\t07/20/2004\t07/19/2005\t07/18/2006\t07/17/2007\t10/09/2008\t09/15/2009\t09/14/2010\t09/14/2011\t\t\nExercise price until May 23 2006 included (in euros)(b)\t39.85\t49.73\t0\t0\t0\t0\t0\t0\t\t\nExercise price since May 24 2006 (in euros)(b)\t39.30\t49.04\t50.60\t60.10\t42.90\t39.90\t38.20\t33.00\t\t\nExpiry date\t07/20/2012\t07/19/2013\t07/18/2014\t07/17/2015\t10/09/2016\t09/15/2017\t09/14/2018\t09/14/2019\t\t\nNumber of options(c)\t\t\t\t\t\t\t\t\t\t\nExisting options as of January 1 2012\t12094524\t6162536\t5623506\t5850365\t4335698\t4357800\t4700043\t1508440\t44632912\t44.87\nGranted\t0\t0\t0\t0\t0\t0\t0\t0\t0\t0\nCancelled(c)\t(11351931)\t(2516)\t(1980)\t(1380)\t(3600)\t(2700)\t(4140)\t(3400)\t(11371647)\t39.31\nExercised\t(742593)\t0\t0\t0\t(1630)\t(20200)\t(34460)\t0\t(798883)\t39.28\nExisting options as of January 1 2013\t0\t6160020\t5621526\t5848985\t4330468\t4334900\t4661443\t1505040\t32462382\t46.96\nGranted\t0\t0\t0\t0\t0\t0\t0\t0\t0\t0\nCancelled(c)\t0\t(6159390)\t(900)\t(1020)\t(360)\t(1080)\t(720)\t0\t(6163470)\t49.04\nExercised\t0\t(630)\t0\t0\t(110910)\t(344442)\t(122871)\t(363946)\t(942799)\t37.37\nExisting options as of January 1 2014\t0\t0\t5620626\t5847965\t4219198\t3989378\t4537852\t1141094\t25356113\t46.82\nGranted\t0\t0\t0\t0\t0\t0\t0\t0\t0\t0\nCancelled(c)\t0\t0\t(1797912)\t0\t0\t0\t0\t0\t(1797912)\t50.60\nExercised\t0\t0\t(3822714)\t0\t(1003314)\t(978109)\t(836634)\t(282019)\t(6922790)\t45.76\nExisting options as of December 31 2014\t0\t0\t0\t5847965\t3215884\t3011269\t3701218\t859075\t16635411\t46.85\n", "q10k_tbl_188": "TOTAL performance share grants\t2010 Plan\t2011 Plan\t2012 Plan\t2013 Plan\t2014 Plan\tTotal\nDate of the shareholders' meeting\t05/16/2008\t05/13/2011\t05/13/2011\t05/13/2011\t05/16/2014\t\nDate of the award\t09/14/2010\t09/14/2011\t07/26/2012\t07/25/2013\t07/29/2014\t\nDate of the final award (end of the vesting period)\t09/15/2012\t09/15/2013\t07/27/2014\t07/26/2016\t07/30/2017\t\nTransfer authorized as from\t09/15/2014\t09/15/2015\t07/27/2016\t07/26/2018\t07/30/2019\t\nNumber of performance shares\t\t\t\t\t\t\nOutstanding as of January 1 2012\t2988051\t3630191\t0\t0\t0\t6618242\nNotified\t0\t0\t4295930\t0\t0\t4295930\nCancelled\t(32650)\t(18855)\t0\t0\t0\t(51505)\nFinally granted\t(2955401)\t(5530)\t0\t0\t0\t(2960931)\nOutstanding as of January 1 2013\t0\t3605806\t4295930\t0\t0\t7901736\nNotified\t0\t0\t0\t4464200\t0\t4464200\nCancelled\t0\t(14970)\t(17340)\t(3810)\t0\t(36120)\nFinally granted\t0\t(3590836)\t(180)\t0\t0\t(3591016)\nOutstanding as of January 1 2014\t0\t0\t4278410\t4460390\t0\t8738800\nNotified\t0\t0\t0\t0\t4486300\t4486300\nCancelled\t0\t0\t(43320)\t(22360)\t(11270)\t(76950)\nFinally granted\t0\t0\t(4235090)\t(3570)\t0\t(4238660)\nOutstanding as of December 31 2014\t0\t0\t0\t4434460\t4475030\t8909490\n", "q10k_tbl_189": "\t2011 Plan (2+2)\t2011 Plan (4+0)\tTotal\nDate of the shareholders' meeting\t05/16/2008\t05/16/2008\t\nDate of the award(a)\t06/30/2010\t06/30/2010\t\nDate of the final award\t07/01/2012\t07/01/2014\t\nTransfer authorized as from\t07/01/2014\t07/01/2014\t\nNumber of free shares\t\t\t\nOutstanding as of January 1 2012\t1479000\t1015525\t2494525\nNotified\t0\t0\t0\nCancelled\t(111725)\t(40275)\t(152000)\nFinally granted(b)\t(1367275)\t(350)\t(1367625)\nOutstanding as of January 1 2013\t0\t974900\t974900\nNotified\t0\t0\t0\nCancelled\t100\t(101150)\t(101050)\nFinally granted(b)\t(100)\t(275)\t(375)\nOutstanding as of January 1 2014\t0\t873475\t873475\nNotified\t0\t0\t0\nCancelled\t0\t(206225)\t(206225)\nFinally granted(c)\t0\t(667250)\t(667250)\nOutstanding as of December 31 2014\t0\t0\t0\n", "q10k_tbl_190": "\tOutstanding Stock Options\t\t\t\n\tShares (in thousands)\tWeighted-Average Exercise Price Per Share (in dollars)\tWeighted-Average Remaining Contractual Term (in years)\tAggregate Intrinsic Value (in thousands dollars)\nOutstanding and exercisable as of December 28 2014\t210\t41.44\t2.51\t1036\n", "q10k_tbl_191": "\tStock Options\t\tRestricted Stock Awards and Units\t\n\tShares (in thousands)\tWeighted-Average Exercise Price Per Share (in dollars)\tShares (in thousands)\tWeighted-Average Grant Date Fair Value Per Share (in dollars)(a)\nOutstanding as of January 1 2012\t43\t48.33\t7370\t13.25\nGranted\t0\t0\t5638\t5.93\nVested(b)\t(30)\t57.79\t(2845)\t13.94\nForfeited\t(13)\t24.72\t(1587)\t11.52\nOutstanding as of December 30 2012\t0\t0\t8576\t8.53\nGranted\t0\t0\t5607\t15.88\nVested(b)\t0\t0\t(3583)\t9.48\nForfeited\t0\t0\t(1008)\t10.10\nOutstanding as of December 29 2013\t0\t0\t9592\t12.26\nGranted\t0\t0\t2187\t31.80\nVested(b)\t0\t0\t(4432)\t11.61\nForfeited\t0\t0\t(792)\t15.00\nOutstanding as of December 28 2014\t0\t0\t6555\t18.88\n", "q10k_tbl_192": "For the year ended December 31\t2013\nDate of the Board of Directors meeting that decided the issue\tSeptember 18 2012\nSubscription price (€)(a)\t30.70\nShare price at the reference date (€)(b)\t39.57\nNumber of shares (in millions)\t10.80\nRisk free interest rate (%)(c)\t0.88\nEmployees loan financing rate (%)(d)\t6.97\nNon transferability cost (% of the reference's share price)\t22.1\n", "q10k_tbl_193": "For the year ended December 31\t2014\t2013\t2012\nPersonnel expenses (M$)\t\t\t\nWages and salaries (including social charges)\t9690\t9424\t9167\nGroup employees\t\t\t\nFrance\t\t\t\n- Management\t11477\t11189\t11347\n- Other\t21120\t22010\t23656\nInternational\t\t\t\n- Management\t17794\t17338\t16307\n- Other\t49916\t48262\t45816\nTotal\t100307\t98799\t97126\n", "q10k_tbl_194": "For the year ended December 31 (M$)\t2014\t2013\t2012\nInterests paid\t(789)\t(715)\t(892)\nInterests received\t119\t76\t94\nIncome tax paid(a)\t(11374)\t(13708)\t(16788)\nDividends received\t2992\t2798\t3108\n", "q10k_tbl_195": "For the year ended December 31 (M$)\t2014\t2013\t2012\nInventories\t5289\t1079\t478\nAccounts receivable\t5916\t3181\t986\nOther current assets\t(1605)\t(1678)\t(291)\nAccounts payable\t(4531)\t174\t443\nOther creditors and accrued liabilities\t(589)\t(231)\t(224)\nNet amount\t4480\t2525\t1392\n", "q10k_tbl_196": "For the year ended December 31 (M$)\t2014\t2013\t2012\nIssuance of non-current debt\t15874\t11221\t7114\nRepayment of non-current debt\t(88)\t(119)\t(334)\nNet amount\t15786\t11102\t6780\n", "q10k_tbl_197": "For the year ended December 31 (M$)\t2014\t2013\t2012\nCash\t13874\t12895\t8183\nCash equivalents\t11307\t7305\t12226\nTotal\t25181\t20200\t20409\n", "q10k_tbl_198": "\tFinancial instruments related to financing and operational activities\t\t\t\t\t\t\tOther financial instruments\tTotal\tFair value\n\tAmortized cost\tFair value\t\t\t\t\t\t\t\t\nAs of December 31 2014 (M$) Assets / (Liabilities)\t\tAvailable for sale(a)\tHeld for trading\tFinancial debt(b)\tHedging of Financial Debt\tCash flow hedge\tNet investment hedge and other\t\t\t\nEquity affiliates: loans\t4626\t0\t0\t0\t0\t0\t0\t0\t4626\t4626\nOther investments\t0\t1399\t0\t0\t0\t0\t0\t0\t1399\t1399\nHedging instruments of non-current financial debt\t0\t0\t0\t0\t1084\t235\t0\t0\t1319\t1319\nOther non-current assets\t3326\t0\t0\t0\t0\t0\t0\t0\t3326\t3326\nAccounts receivable net(c)\t0\t0\t0\t0\t0\t0\t0\t15704\t15704\t15704\nOther operating receivables\t0\t0\t2502\t0\t0\t7\t0\t8283\t10792\t10792\nCurrent financial assets\t469\t0\t364\t0\t460\t0\t0\t0\t1293\t1293\nCash and cash equivalents\t0\t0\t0\t0\t0\t0\t0\t25181\t25181\t25181\nTotal financial assets\t8421\t1399\t2866\t0\t1544\t242\t0\t49168\t63640\t63640\nTotal non-financial assets\t0\t0\t0\t0\t0\t0\t0\t0\t166158\t0\nTotal assets\t0\t0\t0\t0\t0\t0\t0\t0\t229798\t0\nNon-current financial debt\t(7179)\t0\t0\t(37355)\t(944)\t(3)\t0\t0\t(45481)\t(46472)\nAccounts payable(c)\t0\t0\t0\t0\t0\t0\t0\t(24150)\t(24150)\t(24150)\nOther operating liabilities\t0\t0\t(1073)\t0\t0\t(4)\t0\t(6858)\t(7935)\t(7935)\nCurrent borrowings\t(6241)\t0\t0\t(4701)\t0\t0\t0\t0\t(10942)\t(10942)\nOther current financial liabilities\t0\t0\t(47)\t0\t(133)\t0\t0\t0\t(180)\t(180)\nTotal financial liabilities\t(13420)\t0\t(1120)\t(42056)\t(1077)\t(7)\t0\t(31008)\t(88688)\t(89679)\nTotal non-financial liabilities\t0\t0\t0\t0\t0\t0\t0\t0\t(141110)\t0\nTotal liabilities\t0\t0\t0\t0\t0\t0\t0\t0\t(229798)\t0\n", "q10k_tbl_199": "\tFinancial instruments related to financing and trading activities\t\t\t\t\t\t\tOther financial instruments\tTotal\tFair value\n\tAmortized cost\tFair value\t\t\t\t\t\t\t\t\nAs of December 31 2013 (M$) Assets / (Liabilities)\t\tAvailable for sale(a)\tHeld for trading\tFinancial debt(b)\tHedging of Financial Debt\tCash flow hedge\tNet investment hedge and other\t\t\t\nEquity affiliates: loans\t3554\t0\t0\t0\t0\t0\t0\t0\t3554\t3554\nOther investments\t0\t1666\t0\t0\t0\t0\t0\t0\t1666\t1666\nHedging instruments of non-current financial debt\t0\t0\t0\t0\t1204\t214\t0\t0\t1418\t1418\nOther non-current assets\t3575\t0\t0\t0\t0\t0\t0\t0\t3575\t3575\nAccounts receivable net(c)\t0\t0\t0\t0\t0\t0\t0\t23422\t23422\t23422\nOther operating receivables\t0\t0\t1278\t0\t0\t0\t0\t8639\t9917\t9917\nCurrent financial assets\t161\t0\t108\t0\t469\t1\t0\t0\t739\t739\nCash and cash equivalents\t0\t0\t0\t0\t0\t0\t0\t20200\t20200\t20200\nTotal financial assets\t7290\t1666\t1386\t0\t1673\t215\t0\t52261\t64491\t64491\nTotal non-financial assets\t0\t0\t0\t0\t0\t0\t0\t0\t174732\t0\nTotal assets\t0\t0\t0\t0\t0\t0\t0\t0\t239223\t0\nNon-current financial debt\t(6985)\t0\t0\t(27264)\t(325)\t0\t0\t0\t(34574)\t(35401)\nAccounts payable(c)\t0\t0\t0\t0\t0\t0\t0\t(30282)\t(30282)\t(30282)\nOther operating liabilities\t0\t0\t(848)\t0\t0\t(26)\t0\t(7317)\t(8191)\t(8191)\nCurrent borrowings\t(5901)\t0\t0\t(5292)\t0\t0\t0\t0\t(11193)\t(11193)\nOther current financial liabilities\t0\t0\t(61)\t0\t(314)\t(6)\t0\t0\t(381)\t(381)\nTotal financial liabilities\t(12886)\t0\t(909)\t(32556)\t(639)\t(32)\t0\t(37599)\t(84621)\t(85448)\nTotal non-financial liabilities\t0\t0\t0\t0\t0\t0\t0\t0\t(154602)\t0\nTotal liabilities\t0\t0\t0\t0\t0\t0\t0\t0\t(239223)\t0\n", "q10k_tbl_200": "\tFinancial instruments related to financing and trading activities\t\t\t\t\t\t\tOther financial instruments\tTotal\tFair value\n\tAmortized cost\tFair value\t\t\t\t\t\t\t\t\nAs of December 31 2012(M$) Assets / (Liabilities)\t\tAvailable for sale(a)\tHeld for trading\tFinancial debt(b)\tHedging of Financial Debt\tCash flow hedge\tNet investment hedge and other\t\t\t\nEquity affiliates: loans\t3114\t0\t0\t0\t0\t0\t0\t0\t3114\t3114\nOther investments\t0\t1571\t0\t0\t0\t0\t0\t0\t1571\t1571\nHedging instruments of non-current financial debt\t0\t0\t0\t0\t2066\t79\t0\t0\t2145\t2145\nOther non-current assets\t2912\t0\t0\t0\t0\t0\t0\t0\t2912\t2912\nAccounts receivable net(c)\t0\t0\t0\t0\t0\t0\t0\t25339\t25339\t25339\nOther operating receivables\t0\t0\t899\t0\t0\t0\t0\t7227\t8126\t8126\nCurrent financial assets\t1442\t0\t50\t0\t568\t1\t0\t0\t2061\t2061\nCash and cash equivalents\t0\t0\t0\t0\t0\t0\t0\t20409\t20409\t20409\nTotal financial assets\t7468\t1571\t949\t0\t2634\t80\t0\t52975\t65677\t65677\nTotal non-financial assets\t0\t0\t0\t0\t0\t0\t0\t0\t160209\t0\nTotal assets\t0\t0\t0\t0\t0\t0\t0\t0\t225886\t0\nNon-current financial debt\t(6712)\t0\t0\t(22666)\t(14)\t0\t0\t0\t(29392)\t(29651)\nAccounts payable(c)\t0\t0\t0\t0\t0\t0\t0\t(28563)\t(28563)\t(28563)\nOther operating liabilities\t0\t0\t(602)\t0\t0\t(13)\t0\t(7169)\t(7784)\t(7784)\nCurrent borrowings\t(8955)\t0\t0\t(5580)\t0\t0\t0\t0\t(14535)\t(14535)\nOther current financial liabilities\t0\t0\t(116)\t0\t(111)\t(5)\t0\t0\t(232)\t(232)\nTotal financial liabilities\t(15667)\t0\t(718)\t(28246)\t(125)\t(18)\t0\t(35732)\t(80506)\t(80765)\nTotal non-financial liabilities\t0\t0\t0\t0\t0\t0\t0\t0\t(145380)\t0\nTotal liabilities\t0\t0\t0\t0\t0\t0\t0\t0\t(225886)\t0\n", "q10k_tbl_201": "For the year ended December 31 (M$)\t2014\t2013\t2012\nAssets available for sale (investments) :\t\t\t\n- dividend income on non-consolidated subsidiaries\t282\t202\t286\n- gains (losses) on disposal of assets\t13\t149\t661\n- other\t(84)\t(94)\t(77)\nLoans and receivables\t9\t106\t(26)\nImpact on net operating income\t220\t363\t844\n", "q10k_tbl_202": "For the year ended December 31 (M$)\t2014\t2013\t2012\nLoans and receivables\t135\t94\t102\nFinancing liabilities and associated hedging instruments\t(750)\t(899)\t(868)\nFair value hedge (ineffective portion)\t2\t9\t5\nAssets and liabilities held for trading\t(27)\t(8)\t26\nImpact on the cost of net debt\t(640)\t(804)\t(735)\n", "q10k_tbl_203": "For the year ended December 31 (M$)\t2014\t2013\t2012\nRevaluation at market value of bonds\t443\t1428\t412\nSwap hedging of bonds\t(441)\t(1419)\t(407)\nIneffective portion of the fair value hedge\t2\t9\t5\n", "q10k_tbl_204": "For the year ended December 31 (M$)\tAs of January 1\tVariations\tDisposals\tAs of December 31\n2014\t(367)\t(144)\t0\t(511)\n2013\t(384)\t17\t0\t(367)\n2012\t(135)\t(249)\t0\t(384)\n", "q10k_tbl_205": "For the year ended December 31 (M$)\t2014\t2013\t2012\nProfit (Loss) recorded in equity during the period\t97\t156\t83\nRecycled amount from equity to the income statement during the period\t(295)\t86\t112\n", "q10k_tbl_206": "\t\tNotional value(a)\t\t\t\t\t\t\nFor the year ended December 31 2014 (M$) Assets / (Liabilities)\tFair value\tTotal\t2015\t2016\t2017\t2018\t2019\t2020 and after\nFair value hedge\t\t\t\t\t\t\t\t\nSwaps hedging fixed-rates bonds (liabilities)\t(944)\t21546\t0\t0\t0\t0\t0\t0\nSwaps hedging fixed-rates bonds (assets)\t1084\t14946\t0\t0\t0\t0\t0\t0\nTotal swaps hedging fixed-rates bonds (assets and liabilities)\t140\t36492\t0\t3505\t4490\t5018\t3255\t20224\nSwaps hedging fixed-rates bonds (current portion) (liabilities)\t(133)\t1004\t0\t0\t0\t0\t0\t0\nSwaps hedging fixed-rates bonds (current portion) (assets)\t460\t4163\t0\t0\t0\t0\t0\t0\nTotal swaps hedging fixed-rates bonds (current portion) (assets and liabilities)\t327\t5167\t5167\t0\t0\t0\t0\t0\nCash flow hedge\t\t\t\t\t\t\t\t\nSwaps hedging fixed-rates bonds (liabilities)\t(3)\t247\t0\t0\t0\t0\t0\t0\nSwaps hedging fixed-rates bonds (assets)\t235\t2221\t0\t0\t0\t0\t0\t0\nTotal swaps hedging fixed-rates bonds (assets and liabilities)\t232\t2468\t0\t0\t0\t0\t969\t1499\nSwaps hedging fixed-rates bonds (current portion) (liabilities)\t0\t0\t0\t0\t0\t0\t0\t0\nSwaps hedging fixed-rates bonds (current portion) (assets)\t0\t0\t0\t0\t0\t0\t0\t0\nTotal swaps hedging fixed-rates bonds (current portion) (assets and liabilities)\t0\t0\t0\t0\t0\t0\t0\t0\nSwaps hedging investments (liabilities)\t(4)\t45\t0\t0\t0\t0\t0\t0\nSwaps hedging investments (assets)\t7\t146\t0\t0\t0\t0\t0\t0\nTotal swaps hedging investments (assets and liabilities)\t3\t191\t191\t0\t0\t0\t0\t0\nNet investment hedge\t\t\t\t\t\t\t\t\nCurrency swaps and forward exchange contracts (assets)\t0\t0\t0\t0\t0\t0\t0\t0\nCurrency swaps and forward exchange contracts (liabilities)\t0\t0\t0\t0\t0\t0\t0\t0\nTotal swaps hedging net investments\t0\t0\t0\t0\t0\t0\t0\t0\nHeld for trading\t\t\t\t\t\t\t\t\nOther interest rate swaps (assets)\t10\t14537\t0\t0\t0\t0\t0\t0\nOther interest rate swaps (liabilities)\t(8)\t11443\t0\t0\t0\t0\t0\t0\nTotal other interest rate swaps (assets and liabilities)\t2\t25980\t25720\t109\t83\t68\t0\t0\nCurrency swaps and forward exchange contracts (assets)\t354\t14584\t0\t0\t0\t0\t0\t0\nCurrency swaps and forward exchange contracts (liabilities)\t(39)\t1970\t0\t0\t0\t0\t0\t0\nTotal currency swaps and forward exchange contracts (assets and liabilities)\t315\t16554\t16106\t308\t89\t45\t1\t5\n", "q10k_tbl_207": "\t\tNotional value(a)\t\t\t\t\t\t\nFor the year ended December 31 2013 (M$) Assets / (Liabilities)\tFair value\tTotal\t2014\t2015\t2016\t2017\t2018\t2019 and after\nFair value hedge\t\t\t\t\t\t\t\t\nSwaps hedging fixed-rates bonds (liabilities)\t(325)\t10316\t0\t0\t0\t0\t0\t0\nSwaps hedging fixed-rates bonds (assets)\t1204\t16764\t0\t0\t0\t0\t0\t0\nTotal swaps hedging fixed-rates bonds (assets and liabilities)\t879\t27080\t0\t4703\t3594\t4096\t5170\t9517\nSwaps hedging fixed-rates bonds (current portion) (liabilities)\t(314)\t1884\t0\t0\t0\t0\t0\t0\nSwaps hedging fixed-rates bonds (current portion) (assets)\t469\t3852\t0\t0\t0\t0\t0\t0\nTotal swaps hedging fixed-rates bonds (current portion) (assets and liabilities)\t155\t5736\t5736\t0\t0\t0\t0\t0\nCash flow hedge\t\t\t\t\t\t\t\t\nSwaps hedging fixed-rates bonds (liabilities)\t0\t0\t0\t0\t0\t0\t0\t0\nSwaps hedging fixed-rates bonds (assets)\t214\t2220\t0\t0\t0\t0\t0\t0\nTotal swaps hedging fixed-rates bonds (assets and liabilities)\t214\t2220\t0\t0\t0\t0\t0\t2220\nSwaps hedging fixed-rates bonds (current portion) (liabilities)\t(6)\t166\t0\t0\t0\t0\t0\t0\nSwaps hedging fixed-rates bonds (current portion) (assets)\t1\t132\t0\t0\t0\t0\t0\t0\nTotal swaps hedging fixed-rates bonds (current portion) (assets and liabilities)\t(5)\t298\t270\t28\t0\t0\t0\t0\nSwaps hedging investments (liabilities)\t(26)\t197\t0\t0\t0\t0\t0\t0\nSwaps hedging investments (assets)\t0\t0\t0\t0\t0\t0\t0\t0\nTotal swaps hedging investments (assets and liabilities)\t(26)\t197\t182\t15\t0\t0\t0\t0\nNet investment hedge\t\t\t\t\t\t\t\t\nCurrency swaps and forward exchange contracts (assets)\t0\t0\t0\t0\t0\t0\t0\t0\nCurrency swaps and forward exchange contracts (liabilities)\t0\t0\t0\t0\t0\t0\t0\t0\nTotal swaps hedging net investments\t0\t0\t0\t0\t0\t0\t0\t0\nHeld for trading\t\t\t\t\t\t\t\t\nOther interest rate swaps (assets)\t3\t5645\t0\t0\t0\t0\t0\t0\nOther interest rate swaps (liabilities)\t(4)\t15606\t0\t0\t0\t0\t0\t0\nTotal other interest rate swaps (assets and liabilities)\t(1)\t21251\t20862\t119\t114\t86\t70\t0\nCurrency swaps and forward exchange contracts (assets)\t105\t6576\t0\t0\t0\t0\t0\t0\nCurrency swaps and forward exchange contracts (liabilities)\t(57)\t6119\t0\t0\t0\t0\t0\t0\nTotal currency swaps and forward exchange contracts (assets and liabilities)\t48\t12695\t12336\t268\t58\t14\t19\t0\n", "q10k_tbl_208": "For the year ended December 31 2012 (M$) Assets / (Liabilities)\t\tNotional value(a)\t\t\t\t\t\t\t\t\t\t\t\t\t\nFair value\t\tTotal\t\t2013\t\t2014\t\t2015\t\t2016\t\t2017\t\t2018 and after\t\nFair value hedge\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\nSwaps hedging fixed-rates bonds (liabilities)\t(14)\t\t2292\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nSwaps hedging fixed-rates bonds (assets)\t2066\t\t20359\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nTotal swaps hedging fixed-rates bonds (assets and liabilities)\t2052\t\t22651\t\t0\t\t5548\t\t4667\t\t2768\t\t4057\t\t5611\nSwaps hedging fixed-rates bonds (current portion) (liabilities)\t(111)\t\t780\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nSwaps hedging fixed-rates bonds (current portion) (assets)\t568\t\t4768\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nTotal swaps hedging fixed-rates bonds (current portion) (assets and liabilities)\t457\t\t5548\t\t5548\t\t0\t\t0\t\t0\t\t0\t\t0\nCash flow hedge\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\nSwaps hedging fixed-rates bonds (liabilities)\t0\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nSwaps hedging fixed-rates bonds (assets)\t79\t\t2221\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nTotal swaps hedging fixed-rates bonds (assets and liabilities)\t79\t\t2221\t\t0\t\t0\t\t0\t\t0\t\t0\t\t2221\nSwaps hedging fixed-rates bonds (current portion) (liabilities)\t(5)\t\t195\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nSwaps hedging fixed-rates bonds (current portion) (assets)\t1\t\t25\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nTotal swaps hedging fixed-rates bonds (current portion) (assets and liabilities)\t(4)\t\t220\t\t220\t\t0\t\t0\t\t0\t\t0\t\t0\nSwaps hedging investments (liabilities)\t(13)\t\t683\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nSwaps hedging investments (assets)\t0\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nTotal swaps hedging investments (assets and liabilities)\t(13)\t\t683\t\t481\t\t186\t\t16\t\t0\t\t0\t\t0\nNet investment hedge\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\nCurrency swaps and forward exchange contracts (assets)\t0\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nCurrency swaps and forward exchange contracts (liabilities)\t0\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nTotal swaps hedging net investments\t0\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nHeld for trading\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\nOther interest rate swaps (assets)\t3\t\t14568\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nOther interest rate swaps (liabilities)\t(3)\t\t12328\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nTotal other interest rate swaps (assets and liabilities)\t0\t\t26896\t\t26339\t\t175\t\t116\t\t112\t\t84\t\t70\nCurrency swaps and forward exchange contracts (assets)\t47\t\t6291\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nCurrency swaps and forward exchange contracts (liabilities)\t(113)\t\t16128\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nTotal currency swaps and forward exchange contracts (assets and liabilities)\t(66)\t\t22419\t\t22135\t\t245\t\t(20)\t\t21\t\t21\t\t17\n", "q10k_tbl_209": "As of December 31 2014 (M$)\tQuoted prices in active markets for identical assets (level 1)\tPrices based on observable data (level 2)\tPrices based on non observable data (level 3)\tTotal\nFair value hedge instruments\t0\t467\t0\t467\nCash flow hedge instruments\t0\t235\t0\t235\nNet investment hedge instruments\t0\t0\t0\t0\nAssets and liabilities held for trading\t0\t317\t0\t317\nAssets available for sale\t84\t0\t0\t84\nTotal\t84\t1019\t0\t1103\n", "q10k_tbl_210": "As of December 31 2013 (M$)\tQuoted prices in active markets for identical assets (level 1)\tPrices based on observable data (level 2)\tPrices based on non observable data (level 3)\tTotal\nFair value hedge instruments\t0\t1034\t0\t1034\nCash flow hedge instruments\t0\t183\t0\t183\nNet investment hedge instruments\t0\t0\t0\t0\nAssets and liabilities held for trading\t0\t47\t0\t47\nAssets available for sale\t160\t0\t0\t160\nTotal\t160\t1264\t0\t1424\n", "q10k_tbl_211": "As of December 31 2012 (M$)\tQuoted prices in active markets for identical assets (level 1)\tPrices based on observable data (level 2)\tPrices based on non observable data (level 3)\tTotal\nFair value hedge instruments\t0\t2509\t0\t2509\nCash flow hedge instruments\t0\t62\t0\t62\nNet investment hedge instruments\t0\t0\t0\t0\nAssets and liabilities held for trading\t0\t(66)\t0\t(66)\nAssets available for sale\t121\t0\t0\t121\nTotal\t121\t2505\t0\t2626\n", "q10k_tbl_212": "As of December 31 2014 (M$) Assets / (Liabilities)\tGross value before offsetting - assets\tGross value before offsetting - liabilities\tAmounts offset - assets(c)\tAmounts offset - liabilities(c)\tNet balance sheet value presented - assets\tNet balance sheet value presented - liabilities\tOther amounts not offset\tNet carrying amount\tFair value(b)\nCrude oil petroleum products and freight rates activities\t\t\t\t\t\t\t\t\t\nPetroleum products and crude oil swaps\t1505\t(465)\t(384)\t384\t1121\t(81)\t0\t1040\t1040\nFreight rate swaps\t0\t0\t0\t0\t0\t0\t0\t0\t0\nForwards(a)\t168\t(197)\t(56)\t56\t112\t(141)\t0\t(29)\t(29)\nOptions\t928\t(1224)\t(790)\t790\t138\t(434)\t0\t(296)\t(296)\nFutures\t5\t0\t0\t0\t5\t0\t0\t5\t5\nOptions on futures\t307\t(130)\t(130)\t130\t177\t0\t0\t177\t177\nOther / Collateral\t0\t0\t0\t0\t0\t0\t(505)\t(505)\t(505)\nTotal crude oil petroleum products and freight rates\t2913\t(2016)\t(1360)\t1360\t1553\t(656)\t(505)\t392\t392\nGas & Power activities\t\t\t\t\t\t\t\t\t\nSwaps\t138\t(41)\t(19)\t19\t119\t(22)\t0\t97\t97\nForwards(a)\t1110\t(671)\t(278)\t278\t832\t(393)\t0\t439\t439\nOptions\t5\t(9)\t(7)\t7\t(2)\t(2)\t0\t(4)\t(4)\nFutures\t0\t0\t0\t0\t0\t0\t0\t0\t0\nOther / Collateral\t0\t0\t0\t0\t0\t0\t(89)\t(89)\t(89)\nTotal Gas & Power\t1253\t(721)\t(304)\t304\t949\t(417)\t(89)\t443\t443\nTotal\t4166\t(2737)\t(1664)\t1664\t2502\t(1073)\t(594)\t835\t835\nTotal of fair value non recognized in the balance sheet\t\t\t\t\t\t\t\t\t0\n", "q10k_tbl_213": "As of December 31 2013 (M$) Assets / (Liabilities)\tGross value before offsetting - assets\tGross value before offsetting - liabilities\tAmounts offset - assets(c)\tAmounts offset - liabilities(c)\tNet balance sheet value presented - assets\tNet balance sheet value presented - liabilities\tOther amounts not offset\tNet carrying amount\tFair value(b)\nCrude oil petroleum products and freight rates activities\t\t\t\t\t\t\t\t\t\nPetroleum products and crude oil swaps\t94\t(204)\t(79)\t79\t15\t(125)\t0\t(110)\t(110)\nFreight rate swaps\t0\t0\t0\t0\t0\t0\t0\t0\t0\nForwards(a)\t58\t(57)\t(8)\t8\t50\t(49)\t0\t1\t1\nOptions\t198\t(234)\t(62)\t62\t136\t(172)\t0\t(36)\t(36)\nFutures\t7\t(1)\t0\t0\t7\t(1)\t0\t6\t6\nOptions on futures\t68\t(57)\t(57)\t57\t11\t0\t0\t11\t11\nOther / Collateral\t0\t0\t0\t0\t0\t0\t96\t96\t96\nTotal crude oil petroleum products and freight rates\t425\t(553)\t(206)\t206\t219\t(347)\t96\t(32)\t(32)\nGas & Power activities\t\t\t\t\t\t\t\t\t\nSwaps\t69\t(21)\t(11)\t11\t58\t(10)\t0\t48\t48\nForwards(a)\t1052\t(530)\t(40)\t40\t1012\t(490)\t0\t522\t522\nOptions\t0\t(12)\t(11)\t11\t(11)\t(1)\t0\t(12)\t(12)\nFutures\t0\t0\t0\t0\t0\t0\t0\t0\t0\nOther / Collateral\t0\t0\t0\t0\t0\t0\t16\t16\t16\nTotal Gas & Power\t1121\t(563)\t(62)\t62\t1059\t(501)\t16\t574\t574\nTotal\t1546\t(1116)\t(268)\t268\t1278\t(848)\t112\t542\t542\nTotal of fair value non recognized in the balance sheet\t\t\t\t\t\t\t\t\t0\n", "q10k_tbl_214": "As of December 31 2012 (M$) Assets / (Liabilities)\tGross value before offsetting - assets\tGross value before offsetting - liabilities\tAmounts offset - assets(c)\tAmounts offset - liabilities(c)\tNet balance sheet value presented - assets\tNet balance sheet value presented - liabilities\tOther amounts not offset\tNet carrying amount\tFair value(b)\nCrude oil petroleum products and freight rates activities\t\t\t\t\t\t\t\t\t\nPetroleum products and crude oil swaps\t188\t(222)\t(119)\t119\t69\t(103)\t0\t(34)\t(34)\nFreight rate swaps\t0\t0\t0\t0\t0\t0\t0\t0\t0\nForwards(a)\t9\t(12)\t(4)\t4\t5\t(8)\t0\t(3)\t(3)\nOptions\t305\t(329)\t(298)\t298\t7\t(31)\t0\t(24)\t(24)\nFutures\t0\t(8)\t0\t0\t0\t(8)\t0\t(8)\t(8)\nOptions on futures\t85\t(78)\t(78)\t78\t7\t0\t0\t7\t7\nOther / Collateral\t0\t0\t0\t0\t0\t0\t29\t29\t29\nTotal crude oil petroleum products and freight rates\t587\t(649)\t(499)\t499\t88\t(150)\t29\t(33)\t(33)\nGas & Power activities\t\t\t\t\t\t\t\t\t\nSwaps\t71\t(93)\t(57)\t57\t14\t(36)\t0\t(22)\t(22)\nForwards(a)\t860\t(476)\t(63)\t63\t797\t(413)\t0\t384\t384\nOptions\t15\t(18)\t(15)\t15\t0\t(3)\t0\t(3)\t(3)\nFutures\t0\t0\t0\t0\t0\t0\t0\t0\t0\nOther / Collateral\t0\t0\t0\t0\t0\t0\t41\t41\t41\nTotal Gas & Power\t946\t(587)\t(135)\t135\t811\t(452)\t41\t400\t400\nTotal\t1533\t(1236)\t(634)\t634\t899\t(602)\t70\t367\t367\nTotal of fair value non recognized in the balance sheet\t\t\t\t\t\t\t\t\t0\n", "q10k_tbl_215": "For the year ended December 31 (M$)\tFair value as of January 1\tImpact on income\tSettled contracts\tOther\tFair value as of December 31\nCrude oil petroleum products and freight rates activities\t\t\t\t\t\n2014\t(128)\t2471\t(1445)\t(1)\t897\n2013\t(62)\t2266\t(2330)\t(2)\t(128)\n2012\t(48)\t2176\t(2191)\t1\t(62)\nGas & Power activities\t\t\t\t\t\n2014\t558\t922\t(909)\t(39)\t532\n2013\t359\t624\t(375)\t(50)\t558\n2012\t655\t755\t(1060)\t9\t359\n", "q10k_tbl_216": "As of December 31 2014 (M$)\tQuoted prices in active markets for identical assets (level 1)\tPrices based on observable data (level 2)\tPrices based on non observable data (level 3)\tTotal\nCrude oil petroleum products and freight rates activities\t239\t658\t0\t897\nGas & Power activities\t92\t440\t0\t532\nTotal\t331\t1098\t0\t1429\n", "q10k_tbl_217": "As of December 31 2013 (M$)\tQuoted prices in active markets for identical assets (level 1)\tPrices based on observable data (level 2)\tPrices based on non observable data (level 3)\tTotal\nCrude oil petroleum products and freight rates activities\t21\t(149)\t0\t(128)\nGas & Power activities\t0\t558\t0\t558\nTotal\t21\t409\t0\t430\n", "q10k_tbl_218": "As of December 31 2012 (M$)\tQuoted prices in active markets for identical assets (level 1)\tPrices based on observable data (level 2)\tPrices based on non observable data (level 3)\tTotal\nCrude oil petroleum products and freight rates activities\t7\t(69)\t0\t(62)\nGas & Power activities\t(69)\t428\t0\t359\nTotal\t(62)\t359\t0\t297\n", "q10k_tbl_219": "As of December 31 (M$)\tHigh\tLow\tAverage\tYear end\n2014\t12.9\t3.3\t7.7\t5.1\n2013\t12.9\t4.5\t8.2\t9.8\n2012\t16.1\t4.9\t9.5\t7.2\n", "q10k_tbl_220": "As of December 31 (M$)\tHigh\tLow\tAverage\tYear end\n2014\t15.4\t3.2\t6.0\t4.0\n2013\t11.4\t3.0\t5.8\t6.2\n2012\t26.7\t3.5\t9.5\t3.7\n", "q10k_tbl_221": "\t\t\tChange in fair value due to a change in interest rate by\t\nAssets / (Liabilities) (M$)\tCarrying amount\tEstimated fair value\t+ 10 basis points\t- 10 basis points\nAs of December 31 2014\t\t\t\t\nBonds (non-current portion before swaps)\t(43088)\t(44079)\t292\t(286)\nSwaps hedging fixed-rates bonds (liabilities)\t(944)\t(944)\t0\t0\nSwaps hedging fixed-rates bonds (assets)\t1319\t1319\t0\t0\nTotal swaps hedging fixed-rates bonds (assets and liabilities)\t375\t375\t(153)\t149\nCurrent portion of non-current debt after swap (excluding capital lease obligations)\t4411\t4411\t5\t(4)\nOther interest rates swaps\t2\t2\t3\t(3)\nCurrency swaps and forward exchange contracts\t318\t318\t0\t0\nAs of December 31 2013\t\t\t\t\nBonds (non-current portion before swaps)\t(33138)\t(33966)\t54\t(54)\nSwaps hedging fixed-rates bonds (liabilities)\t(325)\t(325)\t0\t0\nSwaps hedging fixed-rates bonds (assets)\t1418\t1418\t0\t0\nTotal swaps hedging fixed-rates bonds (assets and liabilities)\t1092\t1092\t(39)\t37\nCurrent portion of non-current debt after swap (excluding capital lease obligations)\t5218\t5218\t6\t(6)\nOther interest rates swaps\t(1)\t(1)\t(1)\t1\nCurrency swaps and forward exchange contracts\t17\t17\t0\t0\nAs of December 31 2012\t\t\t\t\nBonds (non-current portion before swaps)\t(28163)\t(28426)\t128\t(128)\nSwaps hedging fixed-rates bonds (liabilities)\t(15)\t(15)\t0\t0\nSwaps hedging fixed-rates bonds (assets)\t2145\t2145\t0\t0\nTotal swaps hedging fixed-rates bonds (assets and liabilities)\t2131\t2131\t(76)\t76\nCurrent portion of non-current debt after swap (excluding capital lease obligations)\t5608\t5608\t5\t(5)\nOther interest rates swaps\t0\t0\t3\t(3)\nCurrency swaps and forward exchange contracts\t(66)\t(66)\t0\t0\n", "q10k_tbl_222": "For the year ended December 31 (M$)\t2014\t2013\t2012\nCost of net debt\t(640)\t(804)\t(735)\nInterest rate translation of :\t\t\t\n+ 10 basis points\t(19)\t(15)\t(14)\n- 10 basis points\t19\t15\t14\n+ 100 basis points\t(193)\t(150)\t(136)\n- 100 basis points\t193\t150\t136\n", "q10k_tbl_223": "\tDollar / Euro exchange rates\t\tDollar / Pound sterling exchange rates\t\tDollar / Ruble exchange rates\nDecember 31 2014\t\t0.82\t\t0.64\t59.58\nDecember 31 2013\t\t0.73\t\t0.60\t32.87\nDecember 31 2012\t\t0.76\t\t0.62\t30.57\n", "q10k_tbl_224": "As of December 31 2014 (M$)\tTotal\tEuro\tDollar\tPound sterling\tRuble\tOther currencies\nShareholders' equity at historical exchange rate\t97810\t26056\t50179\t6762\t6489\t8324\nCurrency translation adjustment before net investment hedge\t(7480)\t(2290)\t0\t(894)\t(3215)\t(1081)\nNet investment hedge - open instruments\t0\t0\t0\t0\t0\t0\nShareholders' equity at exchange rate as of December 31 2014\t90330\t23766\t50179\t5868\t3274\t7243\nAs of December 31 2013 (M$)\tTotal\tEuro\tDollar\tPound sterling\tRuble\tOther currencies\nShareholders' equity at historical exchange rate\t101444\t30444\t50053\t6776\t6960\t7211\nCurrency translation adjustment before net investment hedge\t(1203)\t148\t0\t(543)\t(607)\t(201)\nNet investment hedge - open instruments\t0\t0\t0\t0\t0\t0\nShareholders' equity at exchange rate as of December 31 2013\t100241\t30592\t50053\t6233\t6353\t7010\nAs of December 31 2012 (M$)\tTotal\tEuro\tDollar\tPound sterling\tRuble\tOther currencies\nShareholders' equity at historical exchange rate\t95665\t32299\t41821\t6673\t6147\t8725\nCurrency translation adjustment before net investment hedge\t(1696)\t(1020)\t0\t(688)\t(164)\t176\nNet investment hedge - open instruments\t0\t0\t0\t0\t0\t0\nShareholders' equity at exchange rate as of December 31 2012\t93969\t31279\t41821\t5985\t5983\t8901\n", "q10k_tbl_225": "As of December 31 2014 (M$) Assets/(Liabilities)\tLess than one year\t1-2 years\t2-3 years\t3-4 years\t4-5 years\tMore than 5 years\tTotal\nNon-current financial debt (notional value excluding interests)\t0\t(4793)\t(4547)\t(4451)\t(4765)\t(25606)\t(44162)\nCurrent borrowings\t(10942)\t0\t0\t0\t0\t0\t(10942)\nOther current financial liabilities\t(180)\t0\t0\t0\t0\t0\t(180)\nCurrent financial assets\t1293\t0\t0\t0\t0\t0\t1293\nAssets and liabilities available for sale or exchange\t56\t0\t0\t0\t0\t0\t56\nCash and cash equivalents\t25181\t0\t0\t0\t0\t0\t25181\nNet amount before financial expense\t15408\t(4793)\t(4547)\t(4451)\t(4765)\t(25606)\t(28754)\nFinancial expense on non-current financial debt\t(901)\t(833)\t(783)\t(718)\t(624)\t(1960)\t(5819)\nInterest differential on swaps\t369\t167\t(31)\t(127)\t(154)\t(790)\t(566)\nNet amount\t14876\t(5459)\t(5361)\t(5296)\t(5543)\t(28356)\t(35139)\nAs of December 31 2013 (M$) Assets/(Liabilities)\tLess than one year\t1-2 years\t2-3 years\t3-4 years\t4-5 years\tMore than 5 years\tTotal\nNon-current financial debt (notional value excluding interests)\t0\t(4647)\t(4528)\t(4159)\t(4361)\t(15461)\t(33156)\nCurrent borrowings\t(11193)\t0\t0\t0\t0\t0\t(11193)\nOther current financial liabilities\t(381)\t0\t0\t0\t0\t0\t(381)\nCurrent financial assets\t739\t0\t0\t0\t0\t0\t739\nAssets and liabilities available for sale or exchange\t179\t0\t0\t0\t0\t0\t179\nCash and cash equivalents\t20200\t0\t0\t0\t0\t0\t20200\nNet amount before financial expense\t9544\t(4647)\t(4528)\t(4159)\t(4361)\t(15461)\t(23612)\nFinancial expense on non-current financial debt\t(1005)\t(912)\t(764)\t(701)\t(616)\t(1783)\t(5781)\nInterest differential on swaps\t483\t392\t138\t(33)\t(110)\t(710)\t160\nNet amount\t9022\t(5167)\t(5154)\t(4893)\t(5087)\t(17954)\t(29233)\nAs of December 31 2012 (M$) Assets/(Liabilities)\tLess than one year\t1-2 years\t2-3 years\t3-4 years\t4-5 years\tMore than 5 years\tTotal\nNon-current financial debt (notional value excluding interests)\t0\t(5056)\t(4572)\t(2804)\t(4124)\t(10691)\t(27247)\nCurrent borrowings\t(14535)\t0\t0\t0\t0\t0\t(14535)\nOther current financial liabilities\t(232)\t0\t0\t0\t0\t0\t(232)\nCurrent financial assets\t2061\t0\t0\t0\t0\t0\t2061\nAssets and liabilities available for sale or exchange\t(997)\t0\t0\t0\t0\t0\t(997)\nCash and cash equivalents\t20409\t0\t0\t0\t0\t0\t20409\nNet amount before financial expense\t6706\t(5056)\t(4572)\t(2804)\t(4124)\t(10691)\t(20541)\nFinancial expense on non-current financial debt\t(984)\t(824)\t(685)\t(534)\t(464)\t(1423)\t(4914)\nInterest differential on swaps\t490\t443\t297\t140\t82\t(47)\t1405\nNet amount\t6212\t(5437)\t(4960)\t(3198)\t(4506)\t(12161)\t(24050)\n", "q10k_tbl_226": "As of December 31 (M$) Assets/(Liabilities)\t2014\t2013\t2012\nAccounts payable\t(24150)\t(30282)\t(28563)\nOther operating liabilities\t(7935)\t(8191)\t(7784)\nincluding financial instruments related to commodity contracts\t(1073)\t(848)\t(602)\nAccounts receivable net\t15704\t23422\t25339\nOther operating receivables\t10792\t9917\t8126\nincluding financial instruments related to commodity contracts\t2502\t1278\t899\nTotal\t(5589)\t(5134)\t(2882)\n", "q10k_tbl_227": "As of December 31 (M$) Assets/(Liabilities)\t2014\t2013\t2012\nLoans to equity affiliates (note 12)\t4626\t3554\t3114\nLoans and advances (note 14)\t3326\t3575\t2912\nHedging instruments of non-current financial debt (note 20)\t1319\t1418\t2145\nAccounts receivable (note 16)\t15704\t23422\t25339\nOther operating receivables (note 16)\t10792\t9917\t8126\nCurrent financial assets (note 20)\t1293\t739\t2061\nCash and cash equivalents (note 27)\t25181\t20200\t20409\nTotal\t62241\t62825\t64106\n", "q10k_tbl_228": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\nUpstream\tABU DHABI GAS INDUSTRIES LIMITED\t15.00%\tE\tUNITED ARAB EMIRATES\tUNITED ARAB EMIRATES\n\tABU DHABI GAS LIQUEFACTION COMPANY LTD\t5.00%\tE\tUNITED ARAB EMIRATES\tUNITED ARAB EMIRATES\n\tABU DHABI MARINE AREAS LIMITED\t33.33%\tE\tUNITED KINGDOM\tUNITED ARAB EMIRATES\n\tABU DHABI PETROLEUM COMPANY LIMITED\t23.75%\tE\tUNITED KINGDOM\tUNITED ARAB EMIRATES\n\tANGOLA BLOCK 14 B.V.\t50.01%\t\tNETHERLANDS\tANGOLA\n\tANGOLA LNG LIMITED\t13.60%\tE\tBERMUDA\tANGOLA\n\tANGOLA LNG SUPPLY SERVICES LLC\t13.60%\tE\tUNITED STATES\tUNITED STATES\n\tBONNY GAS TRANSPORT LIMITED\t15.00%\tE\tBERMUDA\tNIGERIA\n\tBRASS HOLDINGS S.A.R.L.\t100.00%\t\tLUXEMBOURG\tLUXEMBOURG\n\tBRASS LNG LTD\t20.48%\tE\tNIGERIA\tNIGERIA\n\tCDF ENERGIE\t100.00%\t\tFRANCE\tFRANCE\n\tCEPSA GAS COMERCIALIZADORA S.A.\t35.00%\tE\tSPAIN\tSPAIN\n\tDEER CREEK PIPELINES LIMITED\t75.00%\t\tCANADA\tCANADA\n\tDOLPHIN ENERGY LIMITED\t24.50%\tE\tUNITED ARAB EMIRATES\tUNITED ARAB EMIRATES\n\tDORSTFONTEIN COAL MINES (PROPRIETARY) LIMITED\t74.00%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tE. F. OIL AND GAS LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tEASTERN POWER AND ELECTRIC COMPANY LIMITED\t28.00%\tE\tTHAILAND\tTHAILAND\n\tELF EXPLORATION PRODUCTION\t100.00%\t\tFRANCE\tFRANCE\n\tELF EXPLORATION UK LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tELF HYDROCARBONS LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tELF PETROLEUM IRAN\t100.00%\t\tFRANCE\tIRAN\n\tELF PETROLEUM UK LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tELOFF MINING COMPANY (PROPRIETARY) LTD\t51.01%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tFINA EXPLORATION LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tFINA PETROLEUM DEVELOPMENT LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tFINOSCA\t100.00%\t\tCOLOMBIA\tCOLOMBIA\n\tFORZANDO COAL MINES (PROPRIETARY) LIMITED\t86.74%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tFOSMAX LNG\t27.50%\tE\tFRANCE\tFRANCE\n\tGAS DEL LITORAL SRLCV\t25.00%\tE\tMEXICO\tMEXICO\n\tGAS INVESTMENT AND SERVICES COMPANY LTD\t10.00%\tE\tUNITED KINGDOM\tOMAN\n\tGEOMETHANE\t28.04%\tE\tFRANCE\tFRANCE\n\tGEOSUD\t56.08%\tE\tFRANCE\tFRANCE\n\tGULF TOTAL TRACTEBEL POWER COMPANY PSJC\t20.00%\tE\tUNITED ARAB EMIRATES\tUNITED ARAB EMIRATES\n\tHAZIRA LNG PRIVATE LIMITED\t26.00%\tE\tINDIA\tINDIA\n\tHAZIRA PORT PRIVATE LIMITED\t26.00%\tE\tINDIA\tINDIA\n\tICHTHYS LNG PTY LTD\t30.00%\tE\tAUSTRALIA\tAUSTRALIA\n\tITHEMBA FARM PROPRIETARY LTD\t100.00%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tMABRUK OIL OPERATIONS\t100.00%\t\tFRANCE\tSTATE OF LIBYA\n\tMANYEKA COAL MINES (PROPRIETARY) LIMITED\t100.00%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tMASINKETA COAL MINES PROPRIETARY LIMITED\t74.00%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tMMAKAU COAL (PROPRIETARY) LIMITED\t49.00%\tE\tSOUTH AFRICA\tSOUTH AFRICA\n\tMOATTAMA GAS TRANSPORTATION COMPANY LIMITED\t31.24%\tE\tBERMUDA\tMYANMAR\n\tNATIONAL GAS SHIPPING COMPANY LTD\t5.00%\tE\tUNITED ARAB EMIRATES\tUNITED ARAB EMIRATES\n\tNEWCASTLE COAL MINES (PROPRIETARY) LIMITED\t100.00%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tNIGERIA LNG LTD\t15.00%\tE\tNIGERIA\tNIGERIA\n\tNORPIPE OIL A/S\t34.93%\tE\tNORWAY\tNORWAY\n\tNORPIPE PETROLEUM UK LTD\t32.87%\tE\tUNITED KINGDOM\tNORWAY\n\tNORSEA PIPELINE LIMITED\t32.87%\tE\tUNITED KINGDOM\tNORWAY\n\tNOVATEK\t18.24%\tE\tRUSSIAN FEDERATION\tRUSSIAN FEDERATION\n\tOMAN LNG LLC\t5.54%\tE\tOMAN\tOMAN\n\tPARS LNG LIMITED\t40.00%\tE\tBERMUDA\tIRAN\n\tPETROCEDENO\t30.32%\tE\tVENEZUELA\tVENEZUELA\n\tPRIVATE OIL HOLDINGS OMAN LTD\t10.00%\tE\tUNITED KINGDOM\tOMAN\n", "q10k_tbl_229": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tQATAR LIQUEFIED GAS COMPANY LIMITED (II)\t16.70%\tE\tQATAR\tQATAR\n\tQATARGAS LIQUEFIED GAS COMPANY LIMITED\t10.00%\tE\tQATAR\tQATAR\n\tRUWAIS FERTILIZER INDUSTRIES LIMITED\t33.33%\tE\tUNITED ARAB EMIRATES\tUNITED ARAB EMIRATES\n\tSHTOKMAN DEVELOPMENT AG\t25.00%\tE\tSWITZERLAND\tRUSSIAN FEDERATION\n\tSOUTH ASIA LPG PRIVATE LIMITED\t50.00%\tE\tINDIA\tINDIA\n\tSOUTH HOOK CHP\t8.35%\tE\tUNITED KINGDOM\tUNITED KINGDOM\n\tSOUTH HOOK LNG TERMINAL COMPANY LTD\t8.35%\tE\tUNITED KINGDOM\tUNITED KINGDOM\n\tTERNEFTEGAS LLC\t58.30%\tE\tRUSSIAN FEDERATION\tRUSSIAN FEDERATION\n\tTOTAL (BTC) B.V.\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tTOTAL ABU AL BU KHOOSH\t100.00%\t\tFRANCE\tUNITED ARAB EMIRATES\n\tTOTAL AUSTRAL\t100.00%\t\tFRANCE\tARGENTINA\n\tTOTAL COAL SOUTH AFRICA (PTY) LTD\t100.00%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tTOTAL COLOMBIA PIPELINE\t100.00%\t\tFRANCE\tCOLOMBIA\n\tTOTAL DOLPHIN MIDSTREAM LIMITED\t100.00%\t\tBERMUDA\tBERMUDA\n\tTOTAL E&P ABSHERON B.V.\t100.00%\t\tNETHERLANDS\tAZERBAIJAN\n\tTOTAL E&P ALGERIE\t100.00%\t\tFRANCE\tALGERIA\n\tTOTAL E&P AMBORIP VI\t100.00%\t\tFRANCE\tINDONESIA\n\tTOTAL E&P ANGOLA\t100.00%\t\tFRANCE\tANGOLA\n\tTOTAL E&P ANGOLA BLOCK 15/06 LIMITED\t100.00%\t\tBERMUDA\tANGOLA\n\tTOTAL E&P ANGOLA BLOCK 17.06\t100.00%\t\tFRANCE\tANGOLA\n\tTOTAL E&P ANGOLA BLOCK 25\t100.00%\t\tFRANCE\tANGOLA\n\tTOTAL E&P ANGOLA BLOCK 31 LIMITED\t100.00%\t\tBAHAMAS\tANGOLA\n\tTOTAL E&P ANGOLA BLOCK 32\t100.00%\t\tFRANCE\tANGOLA\n\tTOTAL E&P ANGOLA BLOCK 33\t100.00%\t\tFRANCE\tANGOLA\n\tTOTAL E&P ANGOLA BLOCK 39\t100.00%\t\tFRANCE\tANGOLA\n\tTOTAL E&P ANGOLA BLOCK 40\t100.00%\t\tFRANCE\tANGOLA\n\tTOTAL E&P ARAFURA SEA\t100.00%\t\tFRANCE\tINDONESIA\n\tTOTAL E&P ARUBA B.V.\t100.00%\t\tNETHERLANDS\tARUBA\n\tTOTAL E&P AUSTRALIA\t100.00%\t\tFRANCE\tAUSTRALIA\n\tTOTAL E&P AUSTRALIA II\t100.00%\t\tFRANCE\tAUSTRALIA\n\tTOTAL E&P AUSTRALIA III\t100.00%\t\tFRANCE\tAUSTRALIA\n\tTOTAL E&P AZERBAIJAN B.V.\t100.00%\t\tNETHERLANDS\tAZERBAIJAN\n\tTOTAL E&P BOLIVIE\t100.00%\t\tFRANCE\tBOLIVIA\n\tTOTAL E&P BORNEO B.V.\t100.00%\t\tNETHERLANDS\tBRUNEI\n\tTOTAL E&P BULGARIA B.V.\t100.00%\t\tNETHERLANDS\tBULGARIA\n\tTOTAL E&P CAMBODGE\t100.00%\t\tFRANCE\tCAMBODIA\n\tTOTAL E&P CANADA LTD\t100.00%\t\tCANADA\tCANADA\n\tTOTAL E&P CHINE\t100.00%\t\tFRANCE\tCHINA\n\tTOTAL E&P COLOMBIE\t100.00%\t\tFRANCE\tCOLOMBIA\n\tTOTAL E&P CONGO\t85.00%\t\tCONGO\tCONGO\n\tTOTAL E&P COTE D'IVOIRE\t100.00%\t\tFRANCE\tIVORY COAST\n\tTOTAL E&P COTE D'IVOIRE CI-514\t100.00%\t\tFRANCE\tIVORY COAST\n\tTOTAL E&P COTE D'IVOIRE CI-515\t100.00%\t\tFRANCE\tIVORY COAST\n\tTOTAL E&P COTE D'IVOIRE CI-516\t100.00%\t\tFRANCE\tIVORY COAST\n\tTOTAL E&P CYPRUS B.V.\t100.00%\t\tNETHERLANDS\tCYPRUS\n\tTOTAL E&P DEEP OFFSHORE BORNEO B.V.\t100.00%\t\tNETHERLANDS\tBRUNEI\n\tTOTAL E&P DENMARK B.V.\t100.00%\t\tNETHERLANDS\tDENMARK\n\tTOTAL E&P DO BRASIL LTDA\t100.00%\t\tBRAZIL\tBRAZIL\n\tTOTAL E&P DOLPHIN UPSTREAM LIMITED\t100.00%\t\tBERMUDA\tQATAR\n\tTOTAL E&P EAST EL BURULLUS OFFSHORE B.V.\t100.00%\t\tNETHERLANDS\tEGYPT\n\tTOTAL E&P EGYPT BLOCK 2 B.V.\t100.00%\t\tNETHERLANDS\tEGYPT\n\tTOTAL E&P EGYPTE\t100.00%\t\tFRANCE\tEGYPT\n\tTOTAL E&P FRANCE\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL E&P GOLFE HOLDINGS LTD\t100.00%\t\tBERMUDA\tBERMUDA\n\tTOTAL E&P GOLFE LIMITED\t100.00%\t\tUNITED ARAB EMIRATES\tQATAR\n\tTOTAL E&P GUYANE FRANCAISE\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL E&P HOLDING ICHTHYS\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL E&P HOLDINGS AUSTRALIA PTY\t100.00%\t\tAUSTRALIA\tAUSTRALIA\n\tTOTAL E&P HOLDINGS RUSSIA\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL E&P HYDROCARBONS YEMEN B.V.\t100.00%\t\tNETHERLANDS\tYEMEN\n\tTOTAL E&P ICHTHYS\t100.00%\t\tFRANCE\tAUSTRALIA\n\tTOTAL E&P ICHTHYS B.V.\t100.00%\t\tNETHERLANDS\tAUSTRALIA\n\tTOTAL E&P INDONESIA GMB KUTAI II\t100.00%\t\tFRANCE\tINDONESIA\n\tTOTAL E&P INDONESIA MENTAWAI B.V.\t100.00%\t\tNETHERLANDS\tINDONESIA\n\tTOTAL E&P INDONESIA SOUTH MANDAR\t100.00%\t\tFRANCE\tINDONESIA\n\tTOTAL E&P INDONESIA TELEN B.V.\t100.00%\t\tNETHERLANDS\tINDONESIA\n", "q10k_tbl_230": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tTOTAL E&P INDONESIA WEST PAPUA\t100.00%\t\tFRANCE\tINDONESIA\n\tTOTAL E&P INDONESIE\t100.00%\t\tFRANCE\tINDONESIA\n\tTOTAL E&P IRAN\t100.00%\t\tFRANCE\tIRAN\n\tTOTAL E&P IRAQ\t100.00%\t\tFRANCE\tIRAQ\n\tTOTAL E&P ITALIA\t100.00%\t\tITALY\tITALY\n\tTOTAL E&P KAZAKHSTAN\t100.00%\t\tFRANCE\tKAZAKHSTAN\n\tTOTAL E&P KENYA B.V.\t100.00%\t\tNETHERLANDS\tKENYA\n\tTOTAL E&P KURDISTAN REGION OF IRAQ (HARIR) B.V.\t100.00%\t\tNETHERLANDS\tIRAQ\n\tTOTAL E&P KURDISTAN REGION OF IRAQ (SAFEN) B.V.\t100.00%\t\tNETHERLANDS\tIRAQ\n\tTOTAL E&P KURDISTAN REGION OF IRAQ (TAZA) B.V.\t100.00%\t\tNETHERLANDS\tIRAQ\n\tTOTAL E&P KURDISTAN REGION OF IRAQ B.V.\t100.00%\t\tNETHERLANDS\tIRAQ\n\tTOTAL E&P KUTAI TIMUR\t100.00%\t\tFRANCE\tINDONESIA\n\tTOTAL E&P LIBYE\t100.00%\t\tFRANCE\tSTATE OF LIBYA\n\tTOTAL E&P LUBLIN B.V.\t100.00%\t\tNETHERLANDS\tPOLAND\n\tTOTAL E&P MADAGASCAR\t100.00%\t\tFRANCE\tMADAGASCAR\n\tTOTAL E&P MALAYSIA\t100.00%\t\tFRANCE\tMALAYSIA\n\tTOTAL E&P MAROC\t100.00%\t\tFRANCE\tMOROCCO\n\tTOTAL E&P MAURITANIA BLOCK C9 B.V.\t100.00%\t\tNETHERLANDS\tMAURITANIA\n\tTOTAL E&P MAURITANIE\t100.00%\t\tFRANCE\tMAURITANIA\n\tTOTAL E&P MAURITANIE BLOCK TA29 B.V.\t100.00%\t\tNETHERLANDS\tMAURITANIA\n\tTOTAL E&P MONTELIMAR\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL E&P MOZAMBIQUE B.V.\t100.00%\t\tNETHERLANDS\tMOZAMBIQUE\n\tTOTAL E&P MYANMAR\t100.00%\t\tFRANCE\tMYANMAR\n\tTOTAL E&P NEDERLAND B.V.\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tTOTAL E&P NEW VENTURES INC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL E&P NIGERIA DEEPWATER A LIMITED\t100.00%\t\tNIGERIA\tNIGERIA\n\tTOTAL E&P NIGERIA DEEPWATER B LIMITED\t100.00%\t\tNIGERIA\tNIGERIA\n\tTOTAL E&P NIGERIA DEEPWATER C LIMITED\t100.00%\t\tNIGERIA\tNIGERIA\n\tTOTAL E&P NIGERIA DEEPWATER D LIMITED\t100.00%\t\tNIGERIA\tNIGERIA\n\tTOTAL E&P NIGERIA DEEPWATER E LIMITED\t100.00%\t\tNIGERIA\tNIGERIA\n\tTOTAL E&P NIGERIA DEEPWATER F LIMITED\t100.00%\t\tNIGERIA\tNIGERIA\n\tTOTAL E&P NIGERIA DEEPWATER G LIMITED\t100.00%\t\tNIGERIA\tNIGERIA\n\tTOTAL E&P NIGERIA DEEPWATER H LIMITED\t100.00%\t\tNIGERIA\tNIGERIA\n\tTOTAL E&P NIGERIA LTD\t100.00%\t\tNIGERIA\tNIGERIA\n\tTOTAL E&P NORGE AS\t100.00%\t\tNORWAY\tNORWAY\n\tTOTAL E&P NURMUNAI\t100.00%\t\tFRANCE\tKAZAKHSTAN\n\tTOTAL E&P OMAN\t100.00%\t\tFRANCE\tOMAN\n\tTOTAL E&P OMAN PETROLEUM B.V.\t100.00%\t\tNETHERLANDS\tOMAN\n\tTOTAL E&P PHILIPPINES B.V.\t100.00%\t\tNETHERLANDS\tPHILIPPINES\n\tTOTAL E&P PNG 1 B.V.\t100.00%\t\tNETHERLANDS\tPAPUA NEW GUINEA\n\tTOTAL E&P PNG 2 B.V.\t100.00%\t\tNETHERLANDS\tPAPUA NEW GUINEA\n\tTOTAL E&P PNG 3 B.V.\t100.00%\t\tNETHERLANDS\tPAPUA NEW GUINEA\n\tTOTAL E&P PNG 4 B.V.\t100.00%\t\tNETHERLANDS\tPAPUA NEW GUINEA\n\tTOTAL E&P PNG 5 B.V.\t100.00%\t\tNETHERLANDS\tPAPUA NEW GUINEA\n\tTOTAL E&P PNG LIMITED\t100.00%\t\tPAPUA NEW GUINEA\tPAPUA NEW GUINEA\n\tTOTAL E&P POLAND B.V.\t100.00%\t\tNETHERLANDS\tPOLAND\n\tTOTAL E&P QATAR\t100.00%\t\tFRANCE\tQATAR\n\tTOTAL E&P RDC\t100.00%\t\tDEMOCRATIC REPUBLIC OF CONGO\tDEMOCRATIC REPUBLIC OF CONGO\n\tTOTAL E&P RESEARCH & TECHNOLOGY USA LLC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL E&P RUSSIE\t100.00%\t\tFRANCE\tRUSSIAN FEDERATION\n\tTOTAL E&P SADANG\t100.00%\t\tFRANCE\tINDONESIA\n\tTOTAL E&P SAGERI\t100.00%\t\tFRANCE\tINDONESIA\n\tTOTAL E&P SEBUKU\t100.00%\t\tFRANCE\tINDONESIA\n\tTOTAL E&P SHTOKMAN\t100.00%\t\tFRANCE\tRUSSIAN FEDERATION\n\tTOTAL E&P SOUTH AFRICA B.V.\t100.00%\t\tNETHERLANDS\tSOUTH AFRICA\n\tTOTAL E&P SOUTH EAST MAHAKAM\t100.00%\t\tFRANCE\tINDONESIA\n\tTOTAL E&P SOUTH SAGERI\t100.00%\t\tFRANCE\tINDONESIA\n\tTOTAL E&P SOUTH SUDAN\t100.00%\t\tFRANCE\tREPUBLIC OF SOUTH SUDAN\n\tTOTAL E&P SYRIE\t100.00%\t\tFRANCE\tSYRIAN ARAB REPUBLIC\n\tTOTAL E&P TAJIKISTAN B.V.\t100.00%\t\tNETHERLANDS\tTAJIKISTAN\n", "q10k_tbl_231": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tTOTAL E&P THAILAND\t100.00%\t\tFRANCE\tTHAILAND\n\tTOTAL E&P UGANDA B.V.\t100.00%\t\tNETHERLANDS\tUGANDA\n\tTOTAL E&P UK LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tTOTAL E&P URUGUAY B.V.\t100.00%\t\tNETHERLANDS\tURUGUAY\n\tTOTAL E&P URUGUAY ONSHORE B.V.\t100.00%\t\tNETHERLANDS\tURUGUAY\n\tTOTAL E&P USA INC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL E&P USA OIL SHALE LLC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL E&P WELL RESPONSE\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL E&P YAMAL\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL E&P YEMEN\t100.00%\t\tFRANCE\tYEMEN\n\tTOTAL E&P YEMEN BLOCK 3 B.V.\t100.00%\t\tNETHERLANDS\tYEMEN\n\tTOTAL ENERGIE GAZ\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL EXPLORATION M'BRIDGE\t100.00%\t\tNETHERLANDS\tANGOLA\n\tTOTAL EXPLORATION PRODUCTION NIGERIA\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL FACILITIES MANAGEMENT B.V.\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tTOTAL GABON\t58.28%\t\tGABON\tGABON\n\tTOTAL GAS & POWER ACTIFS INDUSTRIELS\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL GAS & POWER ASIA PRIVATE LIMITED\t100.00%\t\tSINGAPORE\tSINGAPORE\n\tTOTAL GAS & POWER BRAZIL\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL GAS & POWER CHARTERING LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tTOTAL GAS & POWER INDIA\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL GAS & POWER LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tTOTAL GAS & POWER NORTH AMERICA INC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL GAS & POWER SERVICES LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tTOTAL GAS & POWER THAILAND\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL GAS CONTRACTS LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tTOTAL GAS PIPELINE USA INC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL GAS SHALE EUROPE\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL GAS TRANSPORT VENTURES\t100.00%\t\tFRANCE\tAZERBAIJAN\n\tTOTAL GAS Y ELECTRICIDAD ARGENTINA S.A.\t100.00%\t\tARGENTINA\tARGENTINA\n\tTOTAL GASANDES\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL GASS HANDEL NORGE AS\t100.00%\t\tNORWAY\tNORWAY\n\tTOTAL GASTRANSPORT NEDERLAND B.V.\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tTOTAL GAZ ELECTRICITE HOLDINGS FRANCE\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL GLNG AUSTRALIA\t100.00%\t\tFRANCE\tAUSTRALIA\n\tTOTAL HOLDING DOLPHIN AMONT LIMITED\t100.00%\t\tBERMUDA\tBERMUDA\n\tTOTAL HOLDINGS INTERNATIONAL B.V.\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tTOTAL HOLDINGS NEDERLAND B.V.\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tTOTAL LNG ANGOLA\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL LNG NIGERIA LIMITED\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL LNG SUPPLY SERVICES USA INC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL MIDSTREAM HOLDINGS UK LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tTOTAL NNS LLC\t100.00%\t\tUNITED STATES\tUNITED KINGDOM\n\tTOTAL OIL AND GAS SOUTH AMERICA\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL OIL AND GAS VENEZUELA B.V.\t100.00%\t\tNETHERLANDS\tVENEZUELA\n\tTOTAL PARS LNG\t100.00%\t\tFRANCE\tIRAN\n\tTOTAL PARTICIPATIONS PETROLIERES GABON\t100.00%\t\tGABON\tGABON\n\tTOTAL PETROLEUM ANGOLA\t100.00%\t\tFRANCE\tANGOLA\n\tTOTAL PROFILS PETROLIERS\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL QATAR OIL AND GAS\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL SCP S.A.R.L.\t100.00%\t\tLUXEMBOURG\tLUXEMBOURG\n\tTOTAL SHTOKMAN B.V.\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tTOTAL SOUTH PARS\t100.00%\t\tFRANCE\tIRAN\n\tTOTAL TENGAH\t100.00%\t\tFRANCE\tINDONESIA\n\tTOTAL TERMOKARSTOVOYE B.V.\t100.00%\t\tNETHERLANDS\tRUSSIAN FEDERATION\n\tTOTAL TRACTEBEL EMIRATES O & M COMPANY\t50.00%\tE\tFRANCE\tUNITED ARAB EMIRATES\n\tTOTAL TRACTEBEL EMIRATES POWER COMPANY\t50.00%\tE\tFRANCE\tUNITED ARAB EMIRATES\n\tTOTAL UPSTREAM NIGERIA LIMITED\t100.00%\t\tNIGERIA\tNIGERIA\n\tTOTAL UPSTREAM UK LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tTOTAL VENEZUELA\t100.00%\t\tFRANCE\tVENEZUELA\n\tTOTAL YEMEN LNG COMPANY LTD\t100.00%\t\tBERMUDA\tBERMUDA\n", "q10k_tbl_232": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tTRANSPORTADORA DE GAS DEL MERCOSUR SA\t32.68%\tE\tARGENTINA\tARGENTINA\n\tTUMELO COAL MINES PROPRIETARY LIMITED\t49.00%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tUNITAH COLORADO RESOURCES II LLC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tYAMAL LNG\t30.95%\tE\tRUSSIAN FEDERATION\tRUSSIAN FEDERATION\n\tYEMEN LNG COMPANY LTD\t39.62%\tE\tBERMUDA\tYEMEN\n\tYPERGAS SA\t100.00%\t\tVENEZUELA\tVENEZUELA\nRefining & Chemicals\tAPPRYL SNC\t50.00%\t\tFRANCE\tFRANCE\n\tARCHITECTURAL & STRUCTURAL ADHESIVES PTY LTD\t100.00%\t\tAUSTRALIA\tAUSTRALIA\n\tATLANTIC TRADING AND MARKETING INC.\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tATO FINDLEY DEUTSCHLAND GMBH\t100.00%\t\tGERMANY\tGERMANY\n\tATOTECH (CHINA) CHEMICALS LTD.\t100.00%\t\tCHINA\tCHINA\n\tATOTECH ASIA PACIFIC\t100.00%\t\tHONG KONG\tHONG KONG\n\tATOTECH B.V.\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tATOTECH CANADA LTD\t100.00%\t\tCANADA\tCANADA\n\tATOTECH CZ\t100.00%\t\tCZECH REPUBLIC\tCZECH REPUBLIC\n\tATOTECH DE MEXICO\t100.00%\t\tMEXICO\tMEXICO\n\tATOTECH DEUTSCHLAND GMBH\t100.00%\t\tGERMANY\tGERMANY\n\tATOTECH DO BRASIL GALVANOTECNICA\t100.00%\t\tBRAZIL\tBRAZIL\n\tATOTECH ESPANA S.A.\t100.00%\t\tSPAIN\tSPAIN\n\tATOTECH FRANCE\t100.00%\t\tFRANCE\tFRANCE\n\tATOTECH INDIA LTD\t100.00%\t\tINDIA\tINDIA\n\tATOTECH ISTANBUL KIMYA SANAYI TICARET LIMITED SIRKETI\t100.00%\t\tTURKEY\tTURKEY\n\tATOTECH ITALIA\t100.00%\t\tITALY\tITALY\n\tATOTECH JAPAN\t100.00%\t\tJAPAN\tJAPAN\n\tATOTECH KOREA LTD.\t100.00%\t\tREPUBLIC OF KOREA\tREPUBLIC OF KOREA\n\tATOTECH MALAYSIA SDN BHD\t100.00%\t\tMALAYSIA\tMALAYSIA\n\tATOTECH NEDERLAND B.V.\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tATOTECH ÖSTERREICH GMBH\t100.00%\t\tAUSTRIA\tAUSTRIA\n\tATOTECH POLAND\t100.00%\t\tPOLAND\tPOLAND\n\tATOTECH SEA PTE\t100.00%\t\tSINGAPORE\tSINGAPORE\n\tATOTECH SERVICIOS DE MEXICO SA DE CV\t100.00%\t\tMEXICO\tMEXICO\n\tATOTECH SK\t100.00%\t\tSLOVAKIA\tSLOVAKIA\n\tATOTECH SKANDINAVIEN\t100.00%\t\tSWEDEN\tSWEDEN\n\tATOTECH SLOVENIJA PROIZVODNJA KEMICNIH IZDELKOV D.D.\t100.00%\t\tSLOVENIA\tSLOVENIA\n\tATOTECH TAIWAN\t100.00%\t\tTAIWAN\tTAIWAN\n\tATOTECH THAILAND\t100.00%\t\tTHAILAND\tTHAILAND\n\tATOTECH UK\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tATOTECH USA INC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tATOTECH VIETNAM COMPANY LIMITED\t100.00%\t\tVIETNAM\tVIETNAM\n\tBALZATEX S.A.S.\t100.00%\t\tFRANCE\tFRANCE\n\tBARRY CONTROL AEROSPACE SNC\t100.00%\t\tFRANCE\tFRANCE\n\tBASF TOTAL PETROCHEMICALS LLC\t40.00%\t\tUNITED STATES\tUNITED STATES\n\tBAY JUNCTION INC.\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tBORRACHAS PORTALEGRE LTDA\t100.00%\t\tPORTUGAL\tPORTUGAL\n\tBOSTIK (SHANGHAI) MANAGEMENT CO. LTD\t100.00%\t\tCHINA\tCHINA\n\tBOSTIK (THAILAND) CO. LTD\t100.00%\t\tTHAILAND\tTHAILAND\n\tBOSTIK A/S\t100.00%\t\tDENMARK\tDENMARK\n\tBOSTIK AB\t100.00%\t\tSWEDEN\tSWEDEN\n\tBOSTIK ARGENTINA S.A.\t100.00%\t\tARGENTINA\tARGENTINA\n\tBOSTIK AS\t100.00%\t\tNORWAY\tNORWAY\n\tBOSTIK AS\t100.00%\t\tESTONIA\tESTONIA\n\tBOSTIK AUSTRALIA PTY LTD\t100.00%\t\tAUSTRALIA\tAUSTRALIA\n\tBOSTIK BELUX NV S.A.\t100.00%\t\tBELGIUM\tBELGIUM\n\tBOSTIK B.V.\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tBOSTIK CANADA LTD\t100.00%\t\tCANADA\tCANADA\n\tBOSTIK EGYPT FOR PRODUCTION OF ADHESIVES S.A.E.\t100.00%\t\tEGYPT\tEGYPT\n\tBOSTIK FINDLEY CHINA CO LTD\t100.00%\t\tCHINA\tCHINA\n\tBOSTIK FINDLEY HONG KONG COMPANY LIMITED\t100.00%\t\tHONG KONG\tHONG KONG\n\tBOSTIK FINDLEY MALAYSIA SDN-BHD\t100.00%\t\tMALAYSIA\tMALAYSIA\n\tBOSTIK GMBH\t100.00%\t\tGERMANY\tGERMANY\n\tBOSTIK HOLDING BV\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tBOSTIK HOLDING HONG KONG LTD\t100.00%\t\tHONG KONG\tHONG KONG\n\tBOSTIK HOLDING S.A.\t100.00%\t\tFRANCE\tFRANCE\n\tBOSTIK INC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tBOSTIK INDIA PRIVATE LTD\t100.00%\t\tINDIA\tINDIA\n", "q10k_tbl_233": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tBOSTIK INDUSTRIES LIMITED\t100.00%\t\tIRELAND\tIRELAND\n\tBOSTIK KOREA LIMITED\t100.00%\t\tREPUBLIC OF KOREA\tREPUBLIC OF KOREA\n\tBOSTIK LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tBOSTIK MEXICANA S.A. DE CV\t100.00%\t\tMEXICO\tMEXICO\n\tBOSTIK NEDERLAND B.V.\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tBOSTIK NEW ZEALAND LTD\t100.00%\t\tNEW ZEALAND\tNEW ZEALAND\n\tBOSTIK OBERURSEL GMBH\t100.00%\t\tGERMANY\tGERMANY\n\tBOSTIK OOO\t100.00%\t\tRUSSIAN FEDERATION\tRUSSIAN FEDERATION\n\tBOSTIK OY\t100.00%\t\tFINLAND\tFINLAND\n\tBOSTIK PHILIPPINES INC\t100.00%\t\tPHILIPPINES\tPHILIPPINES\n\tBOSTIK POLSKA SP Z.O.O\t99.50%\t\tPOLAND\tPOLAND\n\tBOSTIK S.A.\t100.00%\t\tFRANCE\tFRANCE\n\tBOSTIK S.A. (SPAIN)\t100.00%\t\tSPAIN\tSPAIN\n\tBOSTIK SIA\t100.00%\t\tLATVIA\tLATVIA\n\tBOSTIK UAB (LITHUANIA)\t100.00%\t\tLITHUANIA\tLITHUANIA\n\tBOSTIK UNIPESSOAL LDA\t100.00%\t\tPORTUGAL\tPORTUGAL\n\tBOSTIK VIETNAM COMPANY LIMITED\t100.00%\t\tVIETNAM\tVIETNAM\n\tBOSTIK-NITTA CO. LTD\t66.00%\t\tJAPAN\tJAPAN\n\tBUCKEYE PRODUCTS PIPELINE L.P.\t14.66%\tE\tUNITED STATES\tUNITED STATES\n\tCAOUTCHOUCS MODERNES SAS\t100.00%\t\tFRANCE\tFRANCE\n\tCATELSA-CACERES SAU\t100.00%\t\tSPAIN\tSPAIN\n\tCATELSA-PARETS SLU\t100.00%\t\tSPAIN\tSPAIN\n\tCEKOMASTIK KIMYA SANAYI VE TICARET A.S\t100.00%\t\tTURKEY\tTURKEY\n\tCIE TUNISIENNE DU CAOUTCHOUC SARL\t100.00%\t\tTUNISIA\tTUNISIA\n\tCOSDEN LLC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tCOS-MAR COMPANY\t50.00%\t\tUNITED STATES\tUNITED STATES\n\tCRAY VALLEY (GUANGZHOU) CHEMICAL CO. LTD\t100.00%\t\tCHINA\tCHINA\n\tCRAY VALLEY CZECH\t100.00%\t\tCZECH REPUBLIC\tCZECH REPUBLIC\n\tCRAY VALLEY HSC ASIA LIMITED\t100.00%\t\tCHINA\tCHINA\n\tCRAY VALLEY ITALIA S.R.L.\t100.00%\t\tITALY\tITALY\n\tCRAY VALLEY S.A.\t100.00%\t\tFRANCE\tFRANCE\n\tCSSA-CHARTERING AND SHIPPING SERVICES S.A.\t100.00%\t\tSWITZERLAND\tSWITZERLAND\n\tDALIAN TOTAL CONSULTING CO LTD\t100.00%\t\tCHINA\tCHINA\n\tDALIAN WEST PACIFIC PETROCHEMICAL CO LTD (WEPEC)\t22.41%\tE\tCHINA\tCHINA\n\tESPA SARL\t100.00%\t\tFRANCE\tFRANCE\n\tETHYLENE EST\t99.98%\t\tFRANCE\tFRANCE\n\tFELUY IMMOBATI\t100.00%\t\tBELGIUM\tBELGIUM\n\tFINA TECHNOLOGY INC.\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tFPL ENTERPRISES INC.\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tGASKET (SUZHOU) VALVE COMPONENTS CO. LTD.\t100.00%\t\tCHINA\tCHINA\n\tGASKET INTERNATIONAL S.P.A.\t100.00%\t\tITALY\tITALY\n\tGEOSEL MANOSQUE\t53.40%\tE\tFRANCE\tFRANCE\n\tGRACE DEVELOPMENT LIMITED\t100.00%\t\tHONG KONG\tHONG KONG\n\tGRANDE PAROISSE S.A.\t100.00%\t\tFRANCE\tFRANCE\n\tGUANGZHOU SPHERE CHEMICALS LTD\t100.00%\t\tCHINA\tCHINA\n\tGULF COAST PIPE LINE L.P.\t14.66%\tE\tUNITED STATES\tUNITED STATES\n\tHBA HUTCHINSON BRASIL AUTOMOTIVE LTDA\t100.00%\t\tBRAZIL\tBRAZIL\n\tHUTCHINSON POLYMERS SNC\t100.00%\t\tFRANCE\tFRANCE\n\tHUTCHINSON SRO\t100.00%\t\tCZECH REPUBLIC\tCZECH REPUBLIC\n\tHUTCHINSON (UK) LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tHUTCHINSON (WUHAN) AUTOMOTIVE RUBBER PRODUCTS COMPANY LTD\t100.00%\t\tCHINA\tCHINA\n\tHUTCHINSON AERONAUTIQUE & INDUSTRIE LIMITED\t100.00%\t\tCANADA\tCANADA\n\tHUTCHINSON AEROSERVICES GMBH\t100.00%\t\tGERMANY\tGERMANY\n\tHUTCHINSON AEROSERVICES S.A.S.\t100.00%\t\tFRANCE\tFRANCE\n\tHUTCHINSON AEROSERVICES SL\t100.00%\t\tSPAIN\tSPAIN\n\tHUTCHINSON AEROSPACE & INDUSTRY INC.\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tHUTCHINSON AEROSPACE GMBH\t100.00%\t\tGERMANY\tGERMANY\n\tHUTCHINSON AFTERMARKET USA INC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tHUTCHINSON ANTIVIBRATION SYSTEMS INC.\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tHUTCHINSON ARGENTINA S.A.\t100.00%\t\tARGENTINA\tARGENTINA\n\tHUTCHINSON AUTOPARTES DE MEXICO S.A. DE CV\t100.00%\t\tMEXICO\tMEXICO\n\tHUTCHINSON BORRACHAS DE PORTUGAL LTDA\t100.00%\t\tPORTUGAL\tPORTUGAL\n\tHUTCHINSON CORPORATION\t100.00%\t\tUNITED STATES\tUNITED STATES\n", "q10k_tbl_234": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tHUTCHINSON DO BRASIL S.A.\t100.00%\t\tBRAZIL\tBRAZIL\n\tHUTCHINSON FLEXIBLES AUTOMOBILE SNC\t100.00%\t\tFRANCE\tFRANCE\n\tHUTCHINSON FTS INC.\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tHUTCHINSON GMBH\t100.00%\t\tGERMANY\tGERMANY\n\tHUTCHINSON HOLDINGS UK LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tHUTCHINSON IBERIA S.A.\t100.00%\t\tSPAIN\tSPAIN\n\tHUTCHINSON INDUSTRIAL RUBBER PRODUCTS (SUZHOU) COLTD\t100.00%\t\tCHINA\tCHINA\n\tHUTCHINSON INDUSTRIAS DEL CAUCHO SAU\t100.00%\t\tSPAIN\tSPAIN\n\tHUTCHINSON INDUSTRIES INC.\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tHUTCHINSON JAPAN CO. LTD\t100.00%\t\tJAPAN\tJAPAN\n\tHUTCHINSON KOREA LIMITED\t100.00%\t\tREPUBLIC OF KOREA\tREPUBLIC OF KOREA\n\tHUTCHINSON NICHIRIN BRAKE HOSES S.L.\t70.00%\t\tSPAIN\tSPAIN\n\tHUTCHINSON PALAMOS\t100.00%\t\tSPAIN\tSPAIN\n\tHUTCHINSON POLAND SP ZO.O.\t100.00%\t\tPOLAND\tPOLAND\n\tHUTCHINSON PORTO TUBOS FLEXIVEIS LTDA\t100.00%\t\tPORTUGAL\tPORTUGAL\n\tHUTCHINSON S.A.\t100.00%\t\tFRANCE\tFRANCE\n\tHUTCHINSON SALES CORPORATION\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tHUTCHINSON SANTE SNC\t100.00%\t\tFRANCE\tFRANCE\n\tHUTCHINSON SEAL DE MEXICO S.A. DE CV\t100.00%\t\tMEXICO\tMEXICO\n\tHUTCHINSON SEALING SYSTEMS INC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tHUTCHINSON SNC\t100.00%\t\tFRANCE\tFRANCE\n\tHUTCHINSON SRL (ITALIE)\t100.00%\t\tITALY\tITALY\n\tHUTCHINSON SRL (ROUMANIE)\t100.00%\t\tROMANIA\tROMANIA\n\tHUTCHINSON STOP-CHOC GMBH & CO. KG\t100.00%\t\tGERMANY\tGERMANY\n\tHUTCHINSON SUISSE S.A.\t100.00%\t\tSWITZERLAND\tSWITZERLAND\n\tHUTCHINSON TRANSFERENCIA DE FLUIDOS S.A. DE CV\t100.00%\t\tMEXICO\tMEXICO\n\tHUTCHINSON TUNISIE SARL\t100.00%\t\tTUNISIA\tTUNISIA\n\tINDUSTRIAS TECNICAS DE LA ESPUMA SL\t100.00%\t\tSPAIN\tSPAIN\n\tINDUSTRIELLE DESMARQUOY SNC\t100.00%\t\tFRANCE\tFRANCE\n\tJEHIER S.A.S.\t99.89%\t\tFRANCE\tFRANCE\n\tJIANGSU BOSTIK ADHESIVE CO\t100.00%\t\tCHINA\tCHINA\n\tJPR S.A.S.\t100.00%\t\tFRANCE\tFRANCE\n\tKEUMAH FLOW CO LTD\t100.00%\t\tREPUBLIC OF KOREA\tREPUBLIC OF KOREA\n\tKEUMHAN CO LTD\t100.00%\t\tREPUBLIC OF KOREA\tREPUBLIC OF KOREA\n\tKEUMHAN VIETNAM CO. LIMITED\t100.00%\t\tVIETNAM\tVIETNAM\n\tKTN KUNSTSTOFFTECHNIK NOBITZ GMBH\t100.00%\t\tGERMANY\tGERMANY\n\tLA PORTE PIPELINE COMPANY L.P.\t50.00%\tE\tUNITED STATES\tUNITED STATES\n\tLA PORTE PIPELINE GP L.L.C.\t50.00%\tE\tUNITED STATES\tUNITED STATES\n\tLAFFAN REFINERY COMPANY LIMITED\t10.00%\tE\tQATAR\tQATAR\n\tLE JOINT FRANCAIS SNC\t100.00%\t\tFRANCE\tFRANCE\n\tLEGACY SITE SERVICES LLC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tLES STRATIFIES S.A.S.\t100.00%\t\tFRANCE\tFRANCE\n\tLJF(UK) LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tLONE WOLF LAND CO.\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tLSS FUNDING INC.\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tMACHEN LAND LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tMAPA SPONTEX INC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tMEM BAUCHEMIE GMBH\t100.00%\t\tGERMANY\tGERMANY\n\tMYDRIN SRL\t100.00%\t\tITALY\tITALY\n\tNAPHTACHIMIE\t50.00%\t\tFRANCE\tFRANCE\n\tOLUTEX OBERLAUSITZER LUFTFAHRTTEXTILIEN GMBH\t100.00%\t\tGERMANY\tGERMANY\n\tPAMARGAN (MALTA) PRODUCTS LIMITED\t100.00%\t\tMALTA\tMALTA\n\tPAMARGAN PRODUCTS LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tPAULSTRA SILENTBLOC S.A.\t100.00%\t\tBELGIUM\tBELGIUM\n\tPAULSTRA SNC\t100.00%\t\tFRANCE\tFRANCE\n\tPT BOSTIK INDONESIA\t100.00%\t\tINDONESIA\tINDONESIA\n\tQATAR PETROCHEMICAL COMPANY Q.S.C. (QAPCO)\t20.00%\tE\tQATAR\tQATAR\n\tQATOFIN COMPANY LIMITED\t49.09%\tE\tQATAR\tQATAR\n\tRESILIUM\t100.00%\t\tBELGIUM\tBELGIUM\n\tRETIA\t100.00%\t\tFRANCE\tFRANCE\n\tRETIA USA LLC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tSAMSUNG TOTAL PETROCHEMICALS CO. LTD\t50.00%\tE\tREPUBLIC OF KOREA\tREPUBLIC OF KOREA\n\tSAN JACINTO RAIL LIMITED\t17.00%\tE\tUNITED STATES\tUNITED STATES\n", "q10k_tbl_235": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tSAUDI ARAMCO TOTAL REFINING AND PETROCHEMICAL COMPANY\t37.50%\tE\tSAUDI ARABIA\tSAUDI ARABIA\n\tSIGMAKALON GROUP B.V.\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tSOCAP INTERNATIONAL LTD\t100.00%\t\tBERMUDA\tBERMUDA\n\tSOCIETE MAROCAINE DES COLLES\t97.01%\t\tMOROCCO\tMOROCCO\n\tSOVEREIGN CHEMICALS LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tSTARQUARTZ INDUSTRIES INC.\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tSTILLMAN SEAL CORPORATION\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tSTOP-CHOC (UK) LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tTECHLAM SAS\t100.00%\t\tFRANCE\tFRANCE\n\tTEKBAU YAPI MALZEMELERI MADENCILIK SANAYI AS\t100.00%\t\tTURKEY\tTURKEY\n\tTOTAL ACTIVITES MARITIMES\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL AUSTRALIA LIMITED\t100.00%\t\tAUSTRALIA\tAUSTRALIA\n\tTOTAL DEUTSCHLAND GMBH*\t100.00%\t\tGERMANY\tGERMANY\n\tTOTAL DOWNSTREAM UK PLC\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tTOTAL EUROPEAN TRADING\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL INTERNATIONAL LIMITED-TOTINTER\t100.00%\t\tBERMUDA\tBERMUDA\n\tTOTAL LAFFAN REFINERY\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL LAFFAN REFINERY II B.V.\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tTOTAL LINDSEY OIL REFINERY LTD\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tTOTAL OIL & GAS AUSTRALIA PTY LTD\t100.00%\t\tAUSTRALIA\tAUSTRALIA\n\tTOTAL OLEFINS ANTWERP\t100.00%\t\tBELGIUM\tBELGIUM\n\tTOTAL OPSLAG EN PIJPLEIDING NEDERLAND NV\t55.00%\t\tNETHERLANDS\tNETHERLANDS\n\tTOTAL PAR LLC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL PETROCHEMICALS & REFINING USA INC*\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL PETROCHEMICALS & REFINING SA/NV*\t100.00%\t\tBELGIUM\tBELGIUM\n\tTOTAL PETROCHEMICALS (CHINA) TRADING CO LTD\t100.00%\t\tCHINA\tCHINA\n\tTOTAL PETROCHEMICALS (FOSHAN) LTD\t100.00%\t\tCHINA\tCHINA\n\tTOTAL PETROCHEMICALS (HONG KONG) LTD\t100.00%\t\tHONG KONG\tHONG KONG\n\tTOTAL PETROCHEMICALS (NINGBO) LTD\t100.00%\t\tCHINA\tCHINA\n\tTOTAL PETROCHEMICALS DEVELOPMENT FELUY\t100.00%\t\tBELGIUM\tBELGIUM\n\tTOTAL PETROCHEMICALS ECAUSSINNES\t100.00%\t\tBELGIUM\tBELGIUM\n\tTOTAL PETROCHEMICALS FELUY\t100.00%\t\tBELGIUM\tBELGIUM\n\tTOTAL PETROCHEMICALS FRANCE\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL PETROCHEMICALS IBERICA\t100.00%\t\tSPAIN\tSPAIN\n\tTOTAL PETROCHEMICALS PIPELINE USA INC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL PETROCHEMICALS UK LTD\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tTOTAL POLYMERS ANTWERP\t100.00%\t\tBELGIUM\tBELGIUM\n\tTOTAL RAFFINADERIJ ANTWERPEN NV\t100.00%\t\tBELGIUM\tBELGIUM\n\tTOTAL RAFFINAGE CHIMIE\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL RAFFINAGE FRANCE\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL RAFFINERIE MITTELDEUTSCHLAND GMBH\t100.00%\t\tGERMANY\tGERMANY\n\tTOTAL REFINING & CHEMICALS SAUDI ARABIA S.A.S.\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL RESEARCH & TECHNOLOGY FELUY\t100.00%\t\tBELGIUM\tBELGIUM\n\tTOTAL SPLITTER USA INC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL TRADING AND MARKETING CANADA LP\t100.00%\t\tCANADA\tCANADA\n\tTOTAL TRADING ASIA PTE LTD\t100.00%\t\tSINGAPORE\tSINGAPORE\n\tTOTAL TRADING CANADA LIMITED\t100.00%\t\tCANADA\tCANADA\n\tTOTAL TRADING PRODUCTS S.A.\t100.00%\t\tSWITZERLAND\tSWITZERLAND\n\tTOTSA TOTAL OIL TRADING S.A.\t100.00%\t\tSWITZERLAND\tSWITZERLAND\n\tTRANSALPES SNC\t67.00%\t\tFRANCE\tFRANCE\n\tTRANS-ETHYLENE\t99.98%\t\tFRANCE\tFRANCE\n\tUAB ATOTECH-CHEMETA\t100.00%\t\tLITHUANIA\tLITHUANIA\n\tUSINA FORTALEZA INDUSTRIA E COMERCIO DE MASSA FINA LTDA\t100.00%\t\tBRAZIL\tBRAZIL\n\tVIBRACHOC SAU\t100.00%\t\tSPAIN\tSPAIN\n\tZEELAND REFINERY N.V.\t55.00%\t\tNETHERLANDS\tNETHERLANDS\nMarketing & Services\tAETOLIA ENERGY SITE ANONYMI ENERGEIAKI ETAIREIA (DISTINCTIVE TIEL AETOLIA ENERGEIAKI ETAIREIA)\t41.84%\t\tGREECE\tGREECE\n\tAETOLIA ENERGY SITE MALTA LIMITED\t59.77%\t\tMALTA\tMALTA\n", "q10k_tbl_236": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tAIR TOTAL (SUISSE) S.A.\t100.00%\t\tSWITZERLAND\tSWITZERLAND\n\tAIR TOTAL INTERNATIONAL S.A.\t100.00%\t\tSWITZERLAND\tSWITZERLAND\n\tALEXSUN 1 MALTA LIMITED\t59.77%\t\tMALTA\tMALTA\n\tALEXSUN2 MALTA LIMITED\t59.77%\t\tMALTA\tMALTA\n\tALMYROS ENERGY SOLUTION ANONYMI ENERGEIAKI ETAIREIA (DISTINCTIVE TITLE ALMYROS ENERGEIAKI A.E.)\t41.84%\t\tGREECE\tGREECE\n\tALMYROS ENERGY SOLUTION MALTA LIMITED\t59.77%\t\tMALTA\tMALTA\n\tALVEA\t100.00%\t\tFRANCE\tFRANCE\n\tAMYRIS INC.\t17.23%\tE\tUNITED STATES\tUNITED STATES\n\tANTILLES GAZ\t100.00%\t\tFRANCE\tFRANCE\n\tARDECHES SOLAIRE-DRAGA 1\t59.77%\t\tFRANCE\tFRANCE\n\tARISTEA\t51.00%\tE\tBELGIUM\tBELGIUM\n\tARTECO\t49.99%\tE\tBELGIUM\tBELGIUM\n\tAS 24\t100.00%\t\tFRANCE\tFRANCE\n\tAS 24 BELGIE NV\t100.00%\t\tBELGIUM\tBELGIUM\n\tAS 24 ESPANOLA SA\t100.00%\t\tSPAIN\tSPAIN\n\tAS 24 FUEL CARD LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tAS 24 POLSKA SP ZOO\t100.00%\t\tPOLAND\tPOLAND\n\tAS 24 TANKSERVICE GMBH\t100.00%\t\tGERMANY\tGERMANY\n\tAUO SUNPOWER SDN. BHD.\t29.88%\tE\tMALAYSIA\tMALAYSIA\n\tBADENHORST PV 2 EQUITY CO LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tBADENHORST PV 2 HOLD CO LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tBEIT HAGEDI RENEWABLE ENERGIES LTD\t59.77%\t\tISRAEL\tISRAEL\n\tBERTOPHASE (PTY) LTD\t59.77%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tBNB BLOOMFIELD SOLAR LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tCALDEO\t100.00%\t\tFRANCE\tFRANCE\n\tCHARENTE MARITIME SOLAIRE-ST LEGER 1\t59.77%\t\tFRANCE\tFRANCE\n\tCHARVET LA MURE BIANCO\t100.00%\t\tFRANCE\tFRANCE\n\tCLEAN ACQUISITION CO. LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tCOMPAGNIE PETROLIERE DE L'OUEST- CPO\t100.00%\t\tFRANCE\tFRANCE\n\tCORONA SANDS LLC\t29.88%\t\tUNITED STATES\tUNITED STATES\n\tCPE ENERGIES\t100.00%\t\tFRANCE\tFRANCE\n\tCRISTAL MARKETING EGYPT\t80.78%\t\tEGYPT\tEGYPT\n\tDCA-MORY-SHIPP\t100.00%\t\tFRANCE\tFRANCE\n\tDEAAR PV EQUITY CO LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tDEAAR PV HOLD CO LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tDIAMOND ENERGY PTY LTD\t14.94%\tE\tAUSTRALIA\tAUSTRALIA\n\tDRAGONFLY SYSTEMS INC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tEAU CHAUDE REUNION (ECR)\t50.00%\tE\tFRANCE\tFRANCE\n\tEGEDIS\t100.00%\t\tFRANCE\tFRANCE\n\tELF LUBRICANTS (GUANGZHOU) CO LTD\t58.00%\t\tCHINA\tCHINA\n\tELF OIL UK AVIATION LTD\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tELF OIL UK PROPERTIES LTD\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tFILIPINAS THIRD MILLENIUM REALTY\t64.00%\t\tPHILIPPINES\tPHILIPPINES\n\tFIRST PHILEC SOLAR CORPORATION\t8.97%\tE\tPHILIPPINES\tPHILIPPINES\n\tFIWADO B.V.\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tGILAT RENEWABLE ENERGIES LTD\t59.77%\t\tISRAEL\tISRAEL\n\tGREENBOTICS INC.\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tHEMATHIA SUCCESSFUL ANONYMI ENERGEIAKI ETAIREIA (DISTINCTIVE TITLE HEMATHIA SUCCESSFUL A.E.)\t41.84%\t\tGREECE\tGREECE\n\tHEMETHIA SUCCESSFUL LIMITED\t59.77%\t\tMALTA\tMALTA\n\tHIGH PLAINS RANCH I LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tHUAXIA CPV (INNER MONGOLIA) POWER CO. LTD\t14.94%\tE\tCHINA\tCHINA\n\tIMMO ENERGIE\t59.77%\t\tFRANCE\tFRANCE\n\tINSTITUT PHOTOVOLTAIQUE D'ILE DE FRANCE (IPVF)\t43.00%\t\tFRANCE\tFRANCE\n\tJDA OVERSEAS HOLDINGS LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tKLIPGATS PV 3 EQUITY CO LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tKLIPGATS PV 3 HOLD CO LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tKLIPGATS PV 7 EQUITY CO LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tKLIPGATS PV 7 HOLD CO LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tKOZANI ENERGY ANONYMI ENERGEIAKI ETAIREIA (DISTINCTIVE TITLE KOZANI ENERGY S.A.)\t59.77%\t\tGREECE\tGREECE\n\tKOZANI ENERGY MALTA LIMITED\t59.77%\t\tMALTA\tMALTA\n\tLA DEFENSE FILIPINAS HOLDING CORPORATION\t40.00%\t\tPHILIPPINES\tPHILIPPINES\n", "q10k_tbl_237": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tLEMOORE STRATFORD LAND HOLDINGS IV LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tLUIS SOLAR LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tMARIVELES JOINT VENTURE CORP\t49.98%\t\tPHILIPPINES\tPHILIPPINES\n\tMICHEL MINERALÖLHANDEL GMBH\t100.00%\t\tGERMANY\tGERMANY\n\tNATIONAL PETROLEUM REFINERS OF SOUTH AFRICA (PTY) LTD\t18.22%\tE\tSOUTH AFRICA\tSOUTH AFRICA\n\tNEVATIM GREEN ENERGIES LTD\t59.77%\t\tISRAEL\tISRAEL\n\tPARREY LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tPATISH (WEST) GREEN ENERGIES LTD\t59.77%\t\tISRAEL\tISRAEL\n\tPENINSULA LAND BAY REALTY CORPORATION\t31.94%\t\tPHILIPPINES\tPHILIPPINES\n\tPHOTOVOTAICA PARKA VEROIA ANONYMI ETAIREIA\t59.77%\t\tGREECE\tGREECE\n\tPLUTO ACQUISITION COMPANY LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tPRODUITS PETROLIERS STELA\t99.99%\t\tFRANCE\tFRANCE\n\tPV SALVADOR SPA\t20.00%\tE\tCHILE\tCHILE\n\tQUIMICA VASCA SA UNIPERSONAL\t100.00%\t\tSPAIN\tSPAIN\n\tRAY OF SUCCESS ANONYMI ENERGEIAKI ETAIREIA (DISTINCTIVE TITLE RAY OF SUCCESS A.E.)\t41.84%\t\tGREECE\tGREECE\n\tRAY OF SUCCESS MALTA LIMITED\t59.77%\t\tMALTA\tMALTA\n\tROTEM SUNPOWER LTD\t59.77%\t\tISRAEL\tISRAEL\n\tSERVAUTO NEDERLAND B.V.\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tSGULA (WEST) GREEN ENERGIES LTD\t59.77%\t\tISRAEL\tISRAEL\n\tSHAMS POWER COMPANY PJSC\t20.00%\tE\tUNITED ARAB EMIRATES\tUNITED ARAB EMIRATES\n\tSOCIETE ANONYME DE LA RAFFINERIE DES ANTILLES\t50.00%\tE\tFRANCE\tFRANCE\n\tSOCIETE DES TRANSPORTS PETROLIERS PAR PIPELINE\t35.50%\tE\tFRANCE\tFRANCE\n\tSOCIETE D'EXPLOITATION DE CENTRALES PHOTOVOLTAIQUES 1\t29.94%\t\tFRANCE\tFRANCE\n\tSOCIETE MAHORAISE DE STOCKAGE DE PRODUITS PETROLIERS\t100.00%\t\tFRANCE\tFRANCE\n\tSOCIETE POUR L'EXPLOITATION DE L'USINE DE ROUEN\t98.98%\t\tFRANCE\tFRANCE\n\tSOCIETE URBAINE DES PETROLES\t100.00%\t\tFRANCE\tFRANCE\n\tS-OIL TOTAL LUBRICANTS CO LTD\t50.00%\tE\tREPUBLIC OF KOREA\tREPUBLIC OF KOREA\n\tSOLAR ASSURANCE CAPITAL PTY LTD\t59.77%\t\tAUSTRALIA\tAUSTRALIA\n\tSOLAR BEACON CALIFORNIA 1 LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR GREENHOUSE I LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR ARIZONA HMR-I LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR ARIZONA I LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR ARIZONA II LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR ARIZONA III LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR ARIZONA IV LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR ARIZONA V LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR ARIZONA VI LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR ARIZONA VII LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR BLYTHE MESA I LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA I LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA IV LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA VII LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XII LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XIII PARENT LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XIII LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XIX LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XLIX LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XV PARENT LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XV LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XVI LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XVII LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XVIII LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XX LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXI LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXII LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXIII LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXIV LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXIX LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXV LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXVI LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXVII LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXVIII LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXX LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXXI LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n", "q10k_tbl_238": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tSOLAR STAR CALIFORNIA XXXII LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXXIII LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXXIV LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXXIX LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXXV LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXXVI LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXXVII LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXXVIII LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR COLORADO I LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR COLORADO II LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR COLORADO III LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CONNECTICUT I LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR HAWAII I LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR HAWAII II LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR HAWAII III LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR HAWAII IV LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR HI AIR LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR HOLDING LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR NEW JERSEY III LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR NEW JERSEY IV LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR NEW YORK I LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR OCEANSIDE LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR PUERTO RICO I LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR RANCHO CWD I LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR TEXAS I LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR TEXAS II LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR TEXAS III LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR TEXAS IV LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR XI LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR YC LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSOLARBRIDGE TECHNOLOGIES INC.\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSP CORDOBESA MALTA LIMITED\t59.77%\t\tMALTA\tMALTA\n\tSP QUINTANA MALTA LIMITED\t59.77%\t\tMALTA\tMALTA\n\tSPML LAND INC.\t59.77%\t\tPHILIPPINES\tPHILIPPINES\n\tSPWR ENERGIAS RENOVAVEIS UNIPESSOAL LDA.\t59.77%\t\tPORTUGAL\tPORTUGAL\n\tSPWR EW 2013-1 LLC\t0.60%\t\tUNITED STATES\tUNITED STATES\n\tSPWR MS 2013-1 LLC\t29.88%\t\tUNITED STATES\tUNITED STATES\n\tSPWR PP 2014-1 LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSPWR SOLAR ENERGEIAKI HELLAS SINGLE MEMBER EPE\t59.77%\t\tGREECE\tGREECE\n\tSPWR USB 2013-1 LLC\t0.60%\t\tUNITED STATES\tUNITED STATES\n\tSPWR USB 2013-2 LLC\t0.60%\t\tUNITED STATES\tUNITED STATES\n\tSPWR USB 2013-3 LLC\t0.60%\t\tUNITED STATES\tUNITED STATES\n\tSSSA LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER ACCESS I LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER ASSETCO LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER BEACON 1 HOLDINGS LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER BERMUDA HOLDINGS\t59.77%\t\tBERMUDA\tBERMUDA\n\tSUNPOWER CAPITAL AUSTRALIA PTY LTD\t59.77%\t\tAUSTRALIA\tAUSTRALIA\n\tSUNPOWER CAPITAL SERVICES LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER CAPITAL LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER COMMERCIAL FINANCE I LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER COPPA HOLDINGS LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER CORP ISRAEL LTD\t59.77%\t\tISRAEL\tISRAEL\n\tSUNPOWER CORPORATION\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER CORPORATION (SWITZERLAND) SARL\t59.77%\t\tSWITZERLAND\tSWITZERLAND\n\tSUNPOWER CORPORATION AUSTRALIA PTY LTD\t59.77%\t\tAUSTRALIA\tAUSTRALIA\n\tSUNPOWER CORPORATION LIMITED\t59.77%\t\tHONG KONG\tHONG KONG\n\tSUNPOWER CORPORATION MALTA HOLDINGS LIMITED\t59.77%\t\tMALTA\tMALTA\n\tSUNPOWER CORPORATION MEXICO S. DE R.L. DE C.V.\t59.77%\t\tMEXICO\tMEXICO\n\tSUNPOWER CORPORATION SOUTHERN AFRICA (PTY) LTD\t59.77%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tSUNPOWER CORPORATION SPA\t59.77%\t\tCHILE\tCHILE\n\tSUNPOWER CORPORATION UK LIMITED\t59.77%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tSUNPOWER CORPORATION SYSTEMS\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER DEVCO LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER DEVELOPMENT COMPANY\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER ENERGY SYSTEMS (PTY) LTD\t59.77%\t\tSOUTH AFRICA\tSOUTH AFRICA\n", "q10k_tbl_239": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tSUNPOWER ENERGY SYSTEMS CANADA CORPORATION\t59.77%\t\tCANADA\tCANADA\n\tSUNPOWER ENERGY SYSTEMS KOREA\t59.77%\t\tREPUBLIC OF KOREA\tREPUBLIC OF KOREA\n\tSUNPOWER ENERGY SYSTEMS SINGAPORE PTE LTD\t59.77%\t\tSINGAPORE\tSINGAPORE\n\tSUNPOWER ENERGY SYSTEMS SOUTHERN AFRICA (PTY) LTD\t59.77%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tSUNPOWER ENERGY SYSTEMS SPAIN SL\t59.77%\t\tSPAIN\tSPAIN\n\tSUNPOWER FOUNDATION\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER FRANCE S.A.S.\t59.77%\t\tFRANCE\tFRANCE\n\tSUNPOWER GMBH\t59.77%\t\tGERMANY\tGERMANY\n\tSUNPOWER HOLDCO LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER ITALIA S.R.L.\t59.77%\t\tITALY\tITALY\n\tSUNPOWER JAPAN KK\t59.77%\t\tJAPAN\tJAPAN\n\tSUNPOWER MALTA LIMITED\t59.77%\t\tMALTA\tMALTA\n\tSUNPOWER MANUFACTURING (PTY) LTD\t59.77%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tSUNPOWER MANUFACTURING DE VERNEJOUL\t59.77%\t\tFRANCE\tFRANCE\n\tSUNPOWER NORTH AMERICA LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER PHILIPPINES LTD. - REGIONAL OPERATING HEADQUARTERS\t59.77%\t\tCAYMAN ISLANDS\tPHILIPPINES\n\tSUNPOWER PHILIPPINES MANUFACTURING LTD.\t59.77%\t\tCAYMAN ISLANDS\tPHILIPPINES\n\tSUNPOWER RESIDENTIAL I LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER SOFTWARE I INC.\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER SOLAR ENERGY TECHNOLOGY (TIANJIN) CO. LTD\t59.77%\t\tCHINA\tCHINA\n\tSUNPOWER SOLAR INDIA PRIVATE LIMITED\t59.77%\t\tINDIA\tINDIA\n\tSUNPOWER SOLAR MALAYSIA SDN. BHD.\t59.77%\t\tMALAYSIA\tMALAYSIA\n\tSUNPOWER SOLAR MONITORING LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER SOLARPROGRAM I LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER SOLARPROGRAM II LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER SOLARPROGRAM III LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER SOLARPROGRAM IV LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER SOLARPROGRAM V LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER SOLARPROGRAM VI LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER SOLARPROGRAM VII LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER SOLARPROGRAM VIII LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER SOLARPROGRAM IX LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER SOLARPROGRAM X LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER SYSTEMS BELGIUM SPRL\t59.77%\t\tBELGIUM\tBELGIUM\n\tSUNPOWER SYSTEMS HISPANIOLA SARL\t59.77%\t\tDOMINICAN REPUBLIC\tDOMINICAN REPUBLIC\n\tSUNPOWER SYSTEMS MEXICO S. DE R.L. DE C.V.\t59.77%\t\tMEXICO\tMEXICO\n\tSUNPOWER SYSTEMS SARL\t59.77%\t\tSWITZERLAND\tSWITZERLAND\n\tSUNPOWER TECHNOLOGY LTD.\t59.77%\t\tCAYMAN ISLANDS\tCAYMAN ISLANDS\n\tSUNRAY ITALY S.R.L.\t59.77%\t\tITALY\tITALY\n\tSUNRENTE INVESTISSEMENT FRANCE S.A.S.\t59.77%\t\tFRANCE\tFRANCE\n\tSUNRISE 1 LLC\t33.78%\t\tUNITED STATES\tUNITED STATES\n\tSUNZIL\t50.00%\tE\tFRANCE\tFRANCE\n\tSUNZIL CARAIBES\t50.00%\tE\tFRANCE\tFRANCE\n\tSUNZIL MAYOTTE S.A.S.\t50.00%\tE\tFRANCE\tFRANCE\n\tSUNZIL OCEAN INDIEN\t50.00%\tE\tFRANCE\tFRANCE\n\tSUNZIL PACIFIC\t50.00%\tE\tFRANCE\tFRANCE\n\tSUNZIL POLYNESIE\t50.00%\tE\tFRANCE\tFRANCE\n\tSUNZIL POLYNESIE SERVICES\t50.00%\tE\tFRANCE\tFRANCE\n\tSUNZIL SERVICES CARAIBES\t50.00%\tE\tFRANCE\tFRANCE\n\tSUNZIL SERVICES OCEAN INDIEN\t50.00%\tE\tFRANCE\tFRANCE\n\tSWINGLETREE OPERATIONS LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tTEMASOL\t59.77%\t\tMOROCCO\tMOROCCO\n\tTENESOL DE MEXICO SA DE CV\t59.77%\t\tMEXICO\tMEXICO\n\tTENESOL ENERGIE MAROC\t59.77%\t\tMOROCCO\tMOROCCO\n\tTENESOL S.A.S.\t59.77%\t\tFRANCE\tFRANCE\n\tTENESOL SPV1\t59.77%\t\tFRANCE\tFRANCE\n\tTENESOL SPV2\t59.77%\t\tFRANCE\tFRANCE\n\tTENESOL TECHNOLOGIES\t59.77%\t\tFRANCE\tFRANCE\n\tTENESOL VDP\t59.77%\t\tFRANCE\tFRANCE\n\tTENESOL VENEZUELA\t59.77%\t\tVENEZUELA\tVENEZUELA\n\tTILT SOLAR LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tTORIMODE (PTY) LTD\t59.77%\t\tSOUTH AFRICA\tSOUTH AFRICA\n", "q10k_tbl_240": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tTORIPROX (PTY) LTD\t59.77%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tTORISOL (PTY) LTD\t59.77%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tTOTAL (AFRICA) LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tTOTAL (FIJI) LIMITED\t100.00%\t\tFIJI\tFIJI\n\tTOTAL (TIANJIN) MANUFACTURING CO. LTD.\t100.00%\t\tCHINA\tCHINA\n\tTOTAL ABENGOA SOLAR EMIRATES INVESTMENT COMPANY B.V.\t50.00%\tE\tNETHERLANDS\tUNITED ARAB EMIRATES\n\tTOTAL ADDITIFS ET CARBURANTS SPECIAUX\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL AFRICA S.A.\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL AVIATION AND EXPORT LTD\t100.00%\t\tZAMBIA\tZAMBIA\n\tTOTAL BELGIUM\t100.00%\t\tBELGIUM\tBELGIUM\n\tTOTAL BITUMEN DEUTSCHLAND GMBH\t100.00%\t\tGERMANY\tGERMANY\n\tTOTAL BITUMEN UK LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tTOTAL BOTSWANA (PTY) LTD\t50.10%\t\tBOTSWANA\tBOTSWANA\n\tTOTAL BURKINA\t100.00%\t\tBURKINA FASO\tBURKINA FASO\n\tTOTAL CAMBODGE\t100.00%\t\tCAMBODIA\tCAMBODIA\n\tTOTAL CAMEROUN\t67.01%\t\tCAMEROON\tCAMEROON\n\tTOTAL CARAIBES\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL CESKA REPUBLIKA S.R.O\t100.00%\t\tCZECH REPUBLIC\tCZECH REPUBLIC\n\tTOTAL CHINA INVESTMENT CO LTD\t100.00%\t\tCHINA\tCHINA\n\tTOTAL CONGO\t99.70%\t\tCONGO\tCONGO\n\tTOTAL CORSE\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL COTE D'IVOIRE\t73.01%\t\tIVORY COAST\tIVORY COAST\n\tTOTAL DENMARK A/S\t100.00%\t\tDENMARK\tDENMARK\n\tTOTAL DEUTSCHLAND GMBH*\t100.00%\t\tGERMANY\tGERMANY\n\tTOTAL EGYPT\t80.78%\t\tEGYPT\tEGYPT\n\tTOTAL ENERGIE DEVELOPPEMENT\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL ENERGIE DO BRASIL\t59.77%\t\tBRAZIL\tBRAZIL\n\tTOTAL ENERGIE SOLAIRE CONCENTREE\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL ENERGIES NOUVELLES ACTIVITES USA\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL ESPANA SA\t100.00%\t\tSPAIN\tSPAIN\n\tTOTAL ESPECIALIDADES ARGENTINA\t100.00%\t\tARGENTINA\tARGENTINA\n\tTOTAL ETHIOPIA\t100.00%\t\tETHIOPIA\tETHIOPIA\n\tTOTAL FLUIDES\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL FREEPORT CORPORATION\t100.00%\t\tPHILIPPINES\tPHILIPPINES\n\tTOTAL FUELS WUHAN COMPANY LIMITED\t100.00%\t\tCHINA\tCHINA\n\tTOTAL GLASS LUBRICANTS EUROPE GMBH\t100.00%\t\tGERMANY\tGERMANY\n\tTOTAL GUADELOUPE\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL GUINEA ECUATORIAL\t80.00%\t\tEQUATORIAL GUINEA\tEQUATORIAL GUINEA\n\tTOTAL GUINEE\t100.00%\t\tGUINEA\tGUINEA\n\tTOTAL HOLDING ASIE\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL HUNGARIA KFT\t100.00%\t\tHUNGARY\tHUNGARY\n\tTOTAL JAMAICA LTD\t100.00%\t\tJAMAICA\tJAMAICA\n\tTOTAL JORDAN\t100.00%\t\tJORDAN\tJORDAN\n\tTOTAL KENYA\t93.96%\t\tKENYA\tKENYA\n\tTOTAL LESOTHO (PTY) LTD\t50.10%\t\tLESOTHO\tLESOTHO\n\tTOTAL LIBAN\t100.00%\t\tLEBANON\tLEBANON\n\tTOTAL LIBERIA INC\t100.00%\t\tLIBERIA\tLIBERIA\n\tTOTAL LUBRICANTS (CHINA) CO LTD\t86.49%\t\tCHINA\tCHINA\n\tTOTAL LUBRICANTS TAIWAN LTD.\t63.00%\t\tTAIWAN\tTAIWAN\n\tTOTAL LUBRIFIANTS\t99.98%\t\tFRANCE\tFRANCE\n\tTOTAL LUBRIFIANTS SERVICES AUTOMOBILE\t99.98%\t\tFRANCE\tFRANCE\n\tTOTAL LUXEMBOURG S.A.\t100.00%\t\tLUXEMBOURG\tLUXEMBOURG\n\tTOTAL MADAGASIKARA S.A.\t79.44%\t\tMADAGASCAR\tMADAGASCAR\n\tTOTAL MALI\t100.00%\t\tMALI\tMALI\n\tTOTAL MARINE FUELS\t100.00%\t\tSINGAPORE\tSINGAPORE\n\tTOTAL MARKETING EGYPT\t80.78%\t\tEGYPT\tEGYPT\n\tTOTAL MARKETING GABON\t90.00%\t\tGABON\tGABON\n\tTOTAL MARKETING MIDDLE EAST FREE ZONE\t100.00%\t\tUNITED ARAB EMIRATES\tUNITED ARAB EMIRATES\n\tTOTAL MARKETING SERVICES\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL MARKETING TCHAD\t100.00%\t\tCHAD\tCHAD\n\tTOTAL MARKETING UGANDA\t100.00%\t\tUGANDA\tUGANDA\n\tTOTAL MAROC\t70.00%\t\tMOROCCO\tMOROCCO\n\tTOTAL MAURITIUS\t55.00%\t\tMAURITIUS\tMAURITIUS\n\tTOTAL MAYOTTE\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL MEXICO SA DE CV\t100.00%\t\tMEXICO\tMEXICO\n\tTOTAL MINERALOEL UND CHEMIE GMBH\t100.00%\t\tGERMANY\tGERMANY\n", "q10k_tbl_241": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tTOTAL MINERALÖL GMBH\t100.00%\t\tGERMANY\tGERMANY\n\tTOTAL MOZAMBIQUE\t100.00%\t\tMOZAMBIQUE\tMOZAMBIQUE\n\tTOTAL NAMIBIA (PTY) LTD\t50.10%\t\tNAMIBIA\tNAMIBIA\n\tTOTAL NEDERLAND NV\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tTOTAL NEW ENERGIES LTD\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tTOTAL NEW ENERGIES USA INC.\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL NEW ENERGIES VENTURES USA INC.\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL NIGER SA\t100.00%\t\tNIGER\tNIGER\n\tTOTAL NIGERIA PLC\t61.72%\t\tNIGERIA\tNIGERIA\n\tTOTAL NUEVAS ENERGIAS CHILE SPA\t100.00%\t\tCHILE\tCHILE\n\tTOTAL OIL ASIA-PACIFIC PTE LTD\t100.00%\t\tSINGAPORE\tSINGAPORE\n\tTOTAL OIL INDIA PVT LTD\t100.00%\t\tINDIA\tINDIA\n\tTOTAL OIL PAKISTAN (PRIVATE) LIMITED\t100.00%\t\tPAKISTAN\tPAKISTAN\n\tTOTAL OIL TURKIYE AS\t100.00%\t\tTURKEY\tTURKEY\n\tTOTAL OUTRE MER\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL PACIFIQUE\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL PARCO PAKISTAN LIMITED\t60.00%\t\tPAKISTAN\tPAKISTAN\n\tTOTAL PETROLEUM (SHANGHAI) COMPANY LIMITED\t100.00%\t\tCHINA\tCHINA\n\tTOTAL PETROLEUM GHANA LIMITED\t76.74%\t\tGHANA\tGHANA\n\tTOTAL PETROLEUM GUANGZHOU CO LTD\t100.00%\t\tCHINA\tCHINA\n\tTOTAL PETROLEUM PUERTO RICO CORP\t100.00%\t\tPUERTO RICO\tPUERTO RICO\n\tTOTAL PHILIPPINES CORPORATION\t100.00%\t\tPHILIPPINES\tPHILIPPINES\n\tTOTAL POLSKA\t100.00%\t\tPOLAND\tPOLAND\n\tTOTAL POLYNESIE\t99.54%\t\tFRANCE\tFRANCE\n\tTOTAL RDC\t60.00%\t\tDEMOCRATIC REPUBLIC OF CONGO\tDEMOCRATIC REPUBLIC OF CONGO\n\tTOTAL REUNION\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL SENEGAL\t69.14%\t\tSENEGAL\tSENEGAL\n\tTOTAL SINOCHEM FUELS COMPANY LTD\t49.00%\tE\tCHINA\tCHINA\n\tTOTAL SINOCHEM OIL COMPANY LIMITED\t49.00%\tE\tCHINA\tCHINA\n\tTOTAL SOUTH AFRICA (PTY) LTD\t50.10%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tTOTAL SPECIALTIES USA INC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL SUPPLY MS S.A.\t100.00%\t\tSWITZERLAND\tSWITZERLAND\n\tTOTAL SWAZILAND (PTY) LTD\t50.10%\t\tSWAZILAND\tSWAZILAND\n\tTOTAL TOGO\t76.72%\t\tTOGO\tTOGO\n\tTOTAL TUNISIE\t100.00%\t\tTUNISIA\tTUNISIA\n\tTOTAL UAE LLC\t49.00%\t\tUNITED ARAB EMIRATES\tUNITED ARAB EMIRATES\n\tTOTAL UGANDA LIMITED\t100.00%\t\tUGANDA\tUGANDA\n\tTOTAL UK LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tTOTAL UNION OCEANE\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL VOSTOK\t100.00%\t\tRUSSIAN FEDERATION\tRUSSIAN FEDERATION\n\tTOTAL ZAMBIA\t100.00%\t\tZAMBIA\tZAMBIA\n\tTOTALERG SPA\t49.00%\tE\tITALY\tITALY\n\tTOTALGAZ\t100.00%\t\tFRANCE\tFRANCE\n\tTYCZKA TOTALGAZ GMBH\t50.00%\tE\tGERMANY\tGERMANY\n\tURIM GREEN ENERGIES LTD\t59.77%\t\tISRAEL\tISRAEL\n\tWHIPPLETREE SOLAR LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tWHIRLWIND SOLAR STAR LLC\t59.77%\t\tUNITED STATES\tUNITED STATES\n\tZRUHA GREEN ENERGIES LTD\t59.77%\t\tISRAEL\tISRAEL\nCorporate\tELF AQUITAINE\t100.00%\t\tFRANCE\tFRANCE\n\tELF AQUITAINE FERTILISANTS\t100.00%\t\tFRANCE\tFRANCE\n\tELF AQUITAINE INC.\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tELF FOREST PRODUCTS LLC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tETMOFINA\t100.00%\t\tBELGIUM\tBELGIUM\n\tFINANCIERE VALORGEST\t100.00%\t\tFRANCE\tFRANCE\n\tFINGESTVAL\t100.00%\t\tFRANCE\tFRANCE\n\tOMNIUM REINSURANCE COMPANY SA\t100.00%\t\tSWITZERLAND\tSWITZERLAND\n\tPAN INSURANCE LIMITED\t100.00%\t\tIRELAND\tIRELAND\n\tSEPTENTRION PARTICIPATIONS\t100.00%\t\tFRANCE\tFRANCE\n\tSOCAP S.A.S.\t100.00%\t\tFRANCE\tFRANCE\n\tSOCIETE CIVILE IMMOBILIERE CB2\t100.00%\t\tFRANCE\tFRANCE\n\tSOFAX BANQUE\t100.00%\t\tFRANCE\tFRANCE\n\tSOGAPAR\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL OVERSEAS HOLDING (PTY) LTD\t100.00%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tTOTAL AFFILIATES CAPITAL USA INC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL AMERICAN SERVICES INC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL CAPITAL\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL CAPITAL CANADA LTD.\t100.00%\t\tCANADA\tCANADA\n\tTOTAL CAPITAL INTERNATIONAL\t100.00%\t\tFRANCE\tFRANCE\n", "q10k_tbl_242": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tTOTAL CORPORATE MANAGEMENT (BEIJING) COMPANY LIMITED\t100.00%\t\tCHINA\tCHINA\n\tTOTAL DELAWARE INC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL E&P HOLDINGS\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL ENERGY VENTURES EUROPE\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL ENERGY VENTURES INTERNATIONAL\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL FINANCE\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL FINANCE CORPORATE SERVICES LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tTOTAL FINANCE GLOBAL SERVICES S.A.\t100.00%\t\tBELGIUM\tBELGIUM\n\tTOTAL FINANCE INTERNATIONAL LTD\t100.00%\t\tBERMUDA\tBERMUDA\n\tTOTAL FINANCE NEDERLAND B.V.\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tTOTAL FINANCE USA INC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL FUNDING NEDERLAND B.V.\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tTOTAL GESTION FILIALES\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL GESTION USA\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL GLOBAL SERVICES\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL GLOBAL SERVICES BELGIUM S.A.\t99.80%\t\tBELGIUM\tBELGIUM\n\tTOTAL HOLDING ALLEMAGNE\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL HOLDINGS EUROPE\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL HOLDINGS UK LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tTOTAL HOLDINGS USA INC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL INTERNATIONAL NV\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tTOTAL NUCLEAIRE\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL OPERATIONS CANADA LTD\t100.00%\t\tCANADA\tCANADA\n\tTOTAL PARTICIPATIONS\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL PETROCHEMICALS & REFINING USA INC*\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL PETROCHEMICALS & REFINING SA/NV*\t100.00%\t\tBELGIUM\tBELGIUM\n\tTOTAL PETROCHEMICALS SECURITY USA INC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL RESOURCES (CANADA) LIMITED\t100.00%\t\tCANADA\tCANADA\n\tTOTAL S.A.\t\t\tFRANCE\tFRANCE\n\tTOTAL TREASURY\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL UK FINANCE LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n", "q10k_tbl_243": "Proved developed and undeveloped reserves\tConsolidated subsidiaries\t\t\t\t\t\t\n(in million barrels of oil equivalent)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\nBalance as of December 31 2011\t1737\t3014\t1738\t45\t1553\t24\t8516\nRevisions of previous estimates\t64\t65\t7\t(23)\t9\t6\t128\nExtensions discoveries and other\t67\t173\t110\t29\t40\t3\t422\nAcquisitions of reserves in place\t32\t0\t0\t0\t0\t0\t32\nSales of reserves in place\t(38)\t(71)\t(8)\t0\t0\t0\t(117)\nProduction for the year\t(156)\t(261)\t(77)\t(34)\t(87)\t(3)\t(618)\nBalance as of December 31 2012\t1706\t2920\t1770\t422\t1515\t30\t8363\nRevisions of previous estimates\t18\t(97)\t44\t11\t48\t0\t24\nExtensions discoveries and other\t12\t20\t135\t2\t226\t1\t396\nAcquisitions of reserves in place\t0\t0\t0\t0\t132\t0\t132\nSales of reserves in place\t(51)\t0\t(51)\t0\t0\t0\t(102)\nProduction for the year\t(143)\t(243)\t(74)\t(31)\t(94)\t(3)\t(588)\nBalance as of December 31 2013\t1542\t2600\t1824\t404\t1827\t28\t8225\nRevisions of previous estimates\t31\t48\t(11)\t7\t21\t4\t100\nExtensions discoveries and other\t21\t111\t151\t3\t29\t0\t315\nAcquisitions of reserves in place\t1\t0\t0\t0\t0\t0\t1\nSales of reserves in place\t(26)\t(21)\t0\t0\t(206)\t0\t(253)\nProduction for the year\t(133)\t(240)\t(76)\t(32)\t(91)\t(3)\t(575)\nBalance as of December 31 2014\t1436\t2498\t1888\t382\t1580\t29\t7813\nMinority interest in proved developed and undeveloped reserves as of\t\t\t\t\t\t\t\nDecember 31 2012\t0\t99\t0\t0\t0\t0\t99\nDecember 31 2013\t0\t159\t0\t0\t0\t0\t159\nDecember 31 2014\t0\t146\t0\t0\t0\t0\t146\n", "q10k_tbl_244": "Proved developed and undeveloped reserves\tEquity affiliates\t\t\t\t\t\t\n(in million barrels of oil equivalent)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\nBalance as of December 31 2011\t0\t78\t456\t1629\t0\t744\t2907\nRevisions of previous estimates\t0\t2\t(39)\t5\t0\t78\t46\nExtensions discoveries and other\t0\t0\t0\t0\t0\t158\t158\nAcquisitions of reserves in place\t0\t0\t0\t0\t0\t118\t118\nSales of reserves in place\t0\t0\t0\t0\t0\t0\t0\nProduction for the year\t0\t0\t(15)\t(146)\t0\t(63)\t(224)\nBalance as of December 31 2012\t0\t80\t402\t1488\t0\t1035\t3005\nRevisions of previous estimates\t0\t(3)\t(141)\t(3)\t0\t33\t(114)\nExtensions discoveries and other\t0\t0\t0\t14\t0\t622\t636\nAcquisitions of reserves in place\t0\t0\t0\t0\t0\t117\t117\nSales of reserves in place\t0\t0\t0\t0\t0\t(92)\t(92)\nProduction for the year\t0\t(1)\t(13)\t(164)\t0\t(73)\t(251)\nBalance as of December 31 2013\t0\t76\t248\t1335\t0\t1642\t3301\nRevisions of previous estimates\t0\t(2)\t2\t(8)\t0\t6\t(2)\nExtensions discoveries and other\t0\t0\t0\t2\t0\t516\t518\nAcquisitions of reserves in place\t0\t0\t0\t0\t0\t107\t107\nSales of reserves in place\t0\t0\t0\t0\t0\t(6)\t(6)\nProduction for the year\t0\t(1)\t(14)\t(110)\t0\t(83)\t(208)\nBalance as of December 31 2014\t0\t73\t236\t1219\t0\t2182\t3710\n", "q10k_tbl_245": "\tConsolidated subsidiaries and equity affiliates\t\t\t\t\t\t\n(in million barrels of oil equivalent)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\nAs of December 31 2012\t\t\t\t\t\t\t\nProved developed and undeveloped reserves\t1706\t3000\t2172\t1910\t1515\t1065\t11368\nConsolidated subsidiaries\t1706\t2920\t1770\t422\t1515\t30\t8363\nEquity affiliates\t0\t80\t402\t1488\t0\t1035\t3005\nProved developed reserves\t827\t1584\t616\t1718\t290\t754\t5789\nConsolidated subsidiaries\t827\t1563\t475\t349\t290\t23\t3527\nEquity affiliates\t0\t21\t141\t1369\t0\t731\t2262\nProved undeveloped reserves\t879\t1416\t1556\t192\t1225\t311\t5579\nConsolidated subsidiaries\t879\t1357\t1295\t73\t1225\t7\t4836\nEquity affiliates\t0\t59\t261\t119\t0\t304\t743\nAs of December 31 2013\t\t\t\t\t\t\t\nProved developed and undeveloped reserves\t1542\t2676\t2072\t1739\t1827\t1670\t11526\nConsolidated subsidiaries\t1542\t2600\t1824\t404\t1827\t28\t8225\nEquity affiliates\t0\t76\t248\t1335\t0\t1642\t3301\nProved developed reserves\t766\t1469\t540\t1577\t539\t783\t5674\nConsolidated subsidiaries\t766\t1452\t452\t330\t539\t21\t3560\nEquity affiliates\t0\t17\t88\t1247\t0\t762\t2114\nProved undeveloped reserves\t776\t1207\t1532\t162\t1288\t887\t5852\nConsolidated subsidiaries\t776\t1148\t1372\t74\t1288\t7\t4665\nEquity affiliates\t0\t59\t160\t88\t0\t880\t1187\nAs of December 31 2014\t\t\t\t\t\t\t\nProved developed and undeveloped reserves\t1436\t2571\t2124\t1601\t1580\t2211\t11523\nConsolidated subsidiaries\t1436\t2498\t1888\t382\t1580\t29\t7813\nEquity affiliates\t0\t73\t236\t1219\t0\t2182\t3710\nProved developed reserves\t737\t1472\t535\t1442\t453\t1067\t5706\nConsolidated subsidiaries\t737\t1455\t450\t316\t453\t18\t3429\nEquity affiliates\t0\t17\t85\t1126\t0\t1049\t2277\nProved undeveloped reserves\t699\t1099\t1589\t159\t1127\t1144\t5817\nConsolidated subsidiaries\t699\t1043\t1438\t66\t1127\t11\t4384\nEquity affiliates\t0\t56\t151\t93\t0\t1133\t1433\n", "q10k_tbl_246": "Proved developed and undeveloped reserves\tConsolidated subsidiaries\t\t\t\t\t\t\n(in million barrels)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\nBalance as of December 31 2011\t812\t2095\t73\t181\t553\t20\t3734\nRevisions of previous estimates\t20\t61\t10\t2\t3\t7\t103\nExtensions discoveries and other\t27\t148\t8\t28\t3\t3\t217\nAcquisitions of reserves in place\t7\t0\t0\t0\t0\t0\t7\nSales of reserves in place\t(32)\t(45)\t(2)\t0\t0\t0\t(79)\nProduction for the year\t(72)\t(210)\t(12)\t(21)\t(11)\t(3)\t(329)\nBalance as of December 31 2012\t762\t2049\t77\t190\t548\t27\t3653\nRevisions of previous estimates\t19\t50\t7\t7\t75\t0\t158\nExtensions discoveries and other\t6\t19\t20\t2\t20\t1\t68\nAcquisitions of reserves in place\t0\t0\t0\t0\t34\t0\t34\nSales of reserves in place\t(49)\t0\t(6)\t0\t0\t0\t(55)\nProduction for the year\t(60)\t(194)\t(12)\t(20)\t(13)\t(3)\t(302)\nBalance as of December 31 2013\t678\t1924\t86\t179\t664\t25\t3556\nRevisions of previous estimates\t8\t33\t3\t5\t10\t4\t63\nExtensions discoveries and other\t3\t101\t14\t3\t2\t0\t123\nAcquisitions of reserves in place\t0\t0\t0\t0\t0\t0\t0\nSales of reserves in place\t(11)\t(20)\t0\t0\t(32)\t0\t(63)\nProduction for the year\t(60)\t(191)\t(15)\t(19)\t(12)\t(3)\t(300)\nBalance as of December 31 2014\t618\t1847\t88\t168\t632\t26\t3379\nMinority interest in proved developed and undeveloped reserves as of\t\t\t\t\t\t\t\nDecember 31 2012\t0\t87\t0\t0\t0\t0\t87\nDecember 31 2013\t0\t140\t0\t0\t0\t0\t140\nDecember 31 2014\t0\t128\t0\t0\t0\t0\t128\nProved developed and undeveloped reserves\tEquity affiliates\t\t\t\t\t\t\n(in million barrels)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\nBalance as of December 31 2011\t0\t10\t443\t565\t0\t48\t1066\nRevisions of previous estimates\t0\t5\t(40)\t5\t0\t9\t(21)\nExtensions discoveries and other\t0\t0\t0\t0\t0\t51\t51\nAcquisitions of reserves in place\t0\t0\t0\t0\t0\t11\t11\nSales of reserves in place\t0\t0\t0\t0\t0\t0\t0\nProduction for the year\t0\t0\t(15)\t(93)\t0\t(5)\t(113)\nBalance as of December 31 2012\t0\t15\t388\t477\t0\t114\t994\nRevisions of previous estimates\t0\t(3)\t(138)\t(6)\t0\t(4)\t(151)\nExtensions discoveries and other\t0\t0\t0\t0\t0\t32\t32\nAcquisitions of reserves in place\t0\t0\t0\t0\t0\t13\t13\nSales of reserves in place\t0\t0\t0\t0\t0\t0\t0\nProduction for the year\t0\t0\t(13)\t(99)\t0\t(7)\t(119)\nBalance as of December 31 2013\t0\t12\t237\t372\t0\t148\t769\nRevisions of previous estimates\t0\t(5)\t2\t(3)\t0\t(3)\t(9)\nExtensions discoveries and other\t0\t0\t0\t3\t0\t81\t84\nAcquisitions of reserves in place\t0\t0\t0\t0\t0\t9\t9\nSales of reserves in place\t0\t0\t0\t0\t0\t(1)\t(1)\nProduction for the year\t0\t0\t(13)\t(51)\t0\t(9)\t(73)\nBalance as of December 31 2014\t0\t7\t226\t321\t0\t225\t779\n", "q10k_tbl_247": "\tConsolidated subsidiaries and equity affiliates\t\t\t\t\t\t\n(in million barrels)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\nAs of December 31 2012\t\t\t\t\t\t\t\nProved developed and undeveloped reserves\t762\t2064\t465\t667\t548\t141\t4647\nConsolidated subsidiaries\t762\t2049\t77\t190\t548\t27\t3653\nEquity affiliates\t0\t15\t388\t477\t0\t114\t994\nProved developed reserves\t289\t1145\t179\t506\t34\t76\t2229\nConsolidated subsidiaries\t289\t1139\t44\t133\t34\t21\t1660\nEquity affiliates\t0\t6\t135\t373\t0\t55\t569\nProved undeveloped reserves\t473\t919\t286\t161\t514\t65\t2418\nConsolidated subsidiaries\t473\t910\t33\t57\t514\t6\t1993\nEquity affiliates\t0\t9\t253\t104\t0\t59\t425\nAs of December 31 2013\t\t\t\t\t\t\t\nProved developed and undeveloped reserves\t678\t1936\t323\t551\t664\t173\t4325\nConsolidated subsidiaries\t678\t1924\t86\t179\t664\t25\t3556\nEquity affiliates\t0\t12\t237\t372\t0\t148\t769\nProved developed reserves\t274\t1068\t128\t419\t216\t88\t2193\nConsolidated subsidiaries\t274\t1064\t45\t119\t216\t19\t1737\nEquity affiliates\t0\t4\t83\t300\t0\t69\t456\nProved undeveloped reserves\t404\t868\t195\t132\t448\t85\t2132\nConsolidated subsidiaries\t404\t860\t41\t60\t448\t6\t1819\nEquity affiliates\t0\t8\t154\t72\t0\t79\t313\nAs of December 31 2014\t\t\t\t\t\t\t\nProved developed and undeveloped reserves\t618\t1.85\t314\t489\t632\t251\t4158\nConsolidated subsidiaries\t618\t1.85\t88\t168\t632\t26\t3379\nEquity affiliates\t0\t7\t226\t321\t0\t225\t779\nProved developed reserves\t263\t1.07\t136\t377\t200\t136\t2181\nConsolidated subsidiaries\t263\t1.07\t54\t117\t200\t16\t1715\nEquity affiliates\t0\t4\t82\t260\t0\t120\t466\nProved undeveloped reserves\t355\t785\t178\t112\t432\t115\t1977\nConsolidated subsidiaries\t355\t782\t34\t51\t432\t10\t1664\nEquity affiliates\t0\t3\t144\t61\t0\t105\t313\n", "q10k_tbl_248": "Proved developed and undeveloped reserves\tConsolidated subsidiaries\t\t\t\t\t\t\n(in million barrels)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\nBalance as of December 31 2011\t0\t0\t984\t0\t0\t0\t984\nRevisions of previous estimates\t0\t0\t43\t0\t0\t0\t43\nExtensions discoveries and other\t0\t0\t15\t0\t0\t0\t15\nAcquisitions of reserves in place\t0\t0\t0\t0\t0\t0\t0\nSales of reserves in place\t0\t0\t0\t0\t0\t0\t0\nProduction for the year\t0\t0\t(4)\t0\t0\t0\t(4)\nBalance as of December 31 2012\t0\t0\t1038\t0\t0\t0\t1038\nRevisions of previous estimates\t0\t0\t2\t0\t0\t0\t2\nExtensions discoveries and other\t0\t0\t53\t0\t0\t0\t53\nAcquisitions of reserves in place\t0\t0\t0\t0\t0\t0\t0\nSales of reserves in place\t0\t0\t0\t0\t0\t0\t0\nProduction for the year\t0\t0\t(5)\t0\t0\t0\t(5)\nBalance as of December 31 2013\t0\t0\t1088\t0\t0\t0\t1088\nRevisions of previous estimates\t0\t0\t(25)\t0\t0\t0\t(25)\nExtensions discoveries and other\t0\t0\t87\t0\t0\t0\t87\nAcquisitions of reserves in place\t0\t0\t0\t0\t0\t0\t0\nSales of reserves in place\t0\t0\t0\t0\t0\t0\t0\nProduction for the year\t0\t0\t(5)\t0\t0\t0\t(5)\nBalance as of December 31 2014\t0\t0\t1145\t0\t0\t0\t1145\nProved developed reserves as of\t\t\t\t\t\t\t\nDecember 31 2012\t0\t0\t18\t0\t0\t0\t18\nDecember 31 2013\t0\t0\t15\t0\t0\t0\t15\nDecember 31 2014\t0\t0\t17\t0\t0\t0\t17\nProved undeveloped reserves as of\t\t\t\t\t\t\t\nDecember 31 2012\t0\t0\t1020\t0\t0\t0\t1020\nDecember 31 2013\t0\t0\t1073\t0\t0\t0\t1073\nDecember 31 2014\t0\t0\t1128\t0\t0\t0\t1128\n", "q10k_tbl_249": "Proved developed and undeveloped reserves\tConsolidated subsidiaries\t\t\t\t\t\t\n(in billion cubic feet)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\nBalance as of December 31 2011\t5014\t4793\t3863\t1518\t5569\t18\t2078\nRevisions of previous estimates\t268\t31\t(278)\t(132)\t15\t0\t(96)\nExtensions discoveries and other\t216\t127\t478\t6\t195\t0\t1022\nAcquisitions of reserves in place\t138\t0\t0\t0\t0\t0\t138\nSales of reserves in place\t(30)\t(173)\t(35)\t0\t0\t0\t(238)\nProduction for the year\t(462)\t(257)\t(337)\t(75)\t(432)\t(1)\t(1564)\nBalance as of December 31 2012\t5144\t4521\t3691\t1317\t5347\t17\t20037\nRevisions of previous estimates\t(6)\t(887)\t199\t29\t(186)\t0\t(851)\nExtensions discoveries and other\t27\t12\t336\t0\t1074\t0\t1449\nAcquisitions of reserves in place\t1\t0\t0\t0\t506\t0\t507\nSales of reserves in place\t(13)\t0\t(243)\t0\t0\t0\t(256)\nProduction for the year\t(450)\t(248)\t(320)\t(68)\t(457)\t(1)\t(1544)\nBalance as of December 31 2013\t4703\t3398\t3663\t1278\t6284\t16\t19342\nRevisions of previous estimates\t129\t86\t54\t7\t69\t0\t345\nExtensions discoveries and other\t99\t56\t296\t1\t154\t0\t606\nAcquisitions of reserves in place\t6\t0\t0\t0\t0\t0\t6\nSales of reserves in place\t(97)\t(6)\t0\t0\t(941)\t0\t(1044)\nProduction for the year\t(398)\t(250)\t(320)\t(68)\t(451)\t(1)\t(1488)\nBalance as of December 31 2014\t4442\t3284\t3693\t1218\t5115\t15\t17767\nMinority interest in proved developed and undeveloped reserves as of\t\t\t\t\t\t\t\nDecember 31 2012\t0\t57\t0\t0\t0\t0\t57\nDecember 31 2013\t0\t87\t0\t0\t0\t0\t87\nDecember 31 2014\t0\t91\t0\t0\t0\t0\t91\nProved developed and undeveloped reserves\tEquity affiliates\t\t\t\t\t\t\n(in billion cubic feet)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\nBalance as of December 31 2011\t0\t363\t79\t5802\t0\t3698\t9942\nRevisions of previous estimates\t0\t(21)\t5\t(4)\t0\t366\t346\nExtensions discoveries and other\t0\t0\t0\t0\t0\t578\t578\nAcquisitions of reserves in place\t0\t0\t0\t0\t0\t568\t568\nSales of reserves in place\t0\t0\t0\t0\t0\t0\t0\nProduction for the year\t0\t(1)\t(2)\t(287)\t0\t(304)\t(594)\nBalance as of December 31 2012\t0\t341\t82\t5511\t0\t4906\t10840\nRevisions of previous estimates\t0\t8\t(18)\t16\t0\t191\t197\nExtensions discoveries and other\t0\t0\t0\t77\t0\t3209\t3286\nAcquisitions of reserves in place\t0\t0\t0\t0\t0\t553\t553\nSales of reserves in place\t0\t0\t0\t0\t0\t(485)\t(485)\nProduction for the year\t0\t(6)\t(2)\t(354)\t0\t(345)\t(707)\nBalance as of December 31 2013\t0\t343\t62\t5250\t0\t8029\t13684\nRevisions of previous estimates\t0\t17\t2\t(25)\t0\t50\t44\nExtensions discoveries and other\t0\t0\t0\t0\t0\t2328\t2328\nAcquisitions of reserves in place\t0\t0\t0\t0\t0\t521\t521\nSales of reserves in place\t0\t0\t0\t0\t0\t(28)\t(28)\nProduction for the year\t0\t(4)\t(2)\t(328)\t0\t(392)\t(726)\nBalance as of December 31 2014\t0\t356\t62\t4897\t0\t10508\t15823\n", "q10k_tbl_250": "\tConsolidated subsidiaries and equity affiliates\t\t\t\t\t\t\n(in billion cubic feet)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\nAs of December 31 2012\t\t\t\t\t\t\t\nProved developed and undeveloped reserves\t5144\t4862\t3773\t6828\t5347\t4923\t30877\nConsolidated subsidiaries\t5144\t4521\t3691\t1317\t5347\t17\t20037\nEquity affiliates\t0\t341\t82\t5511\t0\t4906\t10840\nProved developed reserves\t2927\t2192\t2356\t6656\t1513\t3602\t19246\nConsolidated subsidiaries\t2927\t2110\t2316\t1240\t1513\t13\t10119\nEquity affiliates\t0\t82\t40\t5416\t0\t3589\t9127\nProved undeveloped reserves\t2217\t2670\t1417\t172\t3834\t1321\t11631\nConsolidated subsidiaries\t2217\t2411\t1375\t77\t3834\t4\t9918\nEquity affiliates\t0\t259\t42\t95\t0\t1317\t1713\nAs of December 31 2013\t\t\t\t\t\t\t\nProved developed and undeveloped reserves\t4703\t3741\t3725\t6528\t6284\t8045\t33026\nConsolidated subsidiaries\t4703\t3398\t3663\t1278\t6284\t16\t19342\nEquity affiliates\t0\t343\t62\t5250\t0\t8029\t13684\nProved developed reserves\t2687\t2009\t2240\t6366\t1821\t3693\t18816\nConsolidated subsidiaries\t2687\t1937\t2210\t1210\t1821\t13\t9878\nEquity affiliates\t0\t72\t30\t5156\t0\t3680\t8938\nProved undeveloped reserves\t2016\t1732\t1485\t162\t4463\t4352\t14210\nConsolidated subsidiaries\t2016\t1461\t1453\t68\t4463\t3\t9464\nEquity affiliates\t0\t271\t32\t94\t0\t4349\t4746\nAs of December 31 2014\t\t\t\t\t\t\t\nProved developed and undeveloped reserves\t4442\t3640\t3755\t6115\t5115\t10523\t33590\nConsolidated subsidiaries\t4442\t3284\t3693\t1218\t5115\t15\t17767\nEquity affiliates\t0\t356\t62\t4897\t0\t10508\t15823\nProved developed reserves\t2578\t2019\t2167\t5866\t1444\t4959\t19033\nConsolidated subsidiaries\t2578\t1952\t2145\t1144\t1444\t9\t9272\nEquity affiliates\t0\t67\t22\t5\t0\t4950\t9761\nProved undeveloped reserves\t1864\t1621\t1588\t249\t3671\t5564\t14557\nConsolidated subsidiaries\t1864\t1332\t1548\t74\t3671\t6\t8495\nEquity affiliates\t0\t289\t40\t175\t0\t5558\t6062\n", "q10k_tbl_251": "\t\tConsolidated subsidiaries\t\t\t\t\t\t\n(M$)\t\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\n2012\t\t\t\t\t\t\t\t\nRevenues\tNon-Group sales\t2552\t5638\t1244\t929\t4508\t0\t14871\n\tGroup sales\t8809\t17268\t820\t1298\t750\t265\t29210\nTotal Revenues\t\t11361\t22906\t2064\t2227\t5258\t265\t44081\nProduction costs\t\t(1693)\t(1853)\t(381)\t(437)\t(469)\t(39)\t(4872)\nExploration expenses\t\t(620)\t(469)\t(436)\t(23)\t(306)\t(3)\t(1857)\nDepreciation depletion and amortization and valuation allowances\t\t(2551)\t(3308)\t(2002)\t(588)\t(1130)\t(75)\t(9654)\nOther expenses(a)\t\t(419)\t(1742)\t(496)\t(204)\t(133)\t(31)\t(3025)\nPre-tax income from producing activities\t\t6078\t15534\t(1251)\t975\t3220\t117\t24673\nIncome tax\t\t(4469)\t(9485)\t291\t(496)\t(1572)\t(53)\t(15784)\nResults of oil and gas producing activities\t\t1609\t6049\t(960)\t479\t1648\t64\t8889\n2013\t\t\t\t\t\t\t\t\nRevenues\tNon-Group sales\t2170\t4575\t1331\t1079\t4626\t0\t13781\n\tGroup sales\t7749\t16072\t808\t901\t742\t268\t26540\nTotal Revenues\t\t9919\t20647\t2139\t1980\t5368\t268\t40321\nProduction costs\t\t(1762)\t(1974)\t(415)\t(498)\t(546)\t(39)\t(5234)\nExploration expenses\t\t(483)\t(583)\t(539)\t(165)\t(395)\t(4)\t(2169)\nDepreciation depletion and amortization and valuation allowances\t\t(1817)\t(3433)\t(1214)\t(725)\t(1607)\t(85)\t(8881)\nOther expenses(a)\t\t(493)\t(1578)\t(434)\t(106)\t(149)\t(33)\t(2793)\nPre-tax income from producing activities\t\t5364\t13079\t(463)\t486\t2671\t107\t21244\nIncome tax\t\t(3621)\t(8281)\t56\t(419)\t(1362)\t(46)\t(13673)\nResults of oil and gas producing activities\t\t1743\t4798\t(407)\t67\t1309\t61\t7571\n2014\t\t\t\t\t\t\t\t\nRevenues\tNon-Group sales\t2073\t3561\t1195\t804\t4423\t0\t12056\n\tGroup sales\t5966\t13386\t971\t972\t742\t236\t22273\nTotal Revenues\t\t8039\t16947\t2166\t1776\t5165\t236\t34329\nProduction costs\t\t(1729)\t(2221)\t(466)\t(503)\t(738)\t(44)\t(5701)\nExploration expenses\t\t(617)\t(631)\t(183)\t(144)\t(381)\t(9)\t(1965)\nDepreciation depletion and amortization and valuation allowances\t\t(1988)\t(4750)\t(5717)\t(545)\t(2058)\t(97)\t(15155)\nOther expenses(a)\t\t(419)\t(1375)\t(402)\t(114)\t(167)\t(29)\t(2506)\nPre-tax income from producing activities\t\t3286\t7970\t(4602)\t470\t1821\t57\t9002\nIncome tax\t\t(1683)\t(6066)\t882\t(334)\t(1159)\t(32)\t(8392)\nResults of oil and gas producing activities\t\t1603\t1904\t(3720)\t136\t662\t25\t610\n", "q10k_tbl_252": "\t\tEquity affiliates\t\t\t\t\t\t\n(M$)\t\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\n2012\t\t\t\t\t\t\t\t\nRevenues\tNon-Group sales\t0\t0\t0\t1394\t0\t1002\t2396\n\tGroup sales\t0\t0\t1586\t10086\t0\t(416)\t11256\nTotal Revenues\t\t0\t0\t1586\t11480\t0\t586\t13652\nProduction costs\t\t0\t0\t(161)\t(371)\t0\t(113)\t(645)\nExploration expenses\t\t0\t0\t0\t0\t0\t(4)\t(4)\nDepreciation depletion and amortization and valuation allowances\t\t0\t0\t(77)\t(385)\t0\t(291)\t(753)\nOther expenses\t\t0\t0\t(969)\t(8896)\t0\t(68)\t(9933)\nPre-tax income from producing activities\t\t0\t0\t379\t1828\t0\t110\t2317\nIncome tax\t\t0\t0\t(80)\t(390)\t0\t(66)\t(536)\nResults of oil and gas producing activities\t\t0\t0\t299\t1438\t0\t44\t1781\n2013\t\t\t\t\t\t\t\t\nRevenues\tNon-Group sales\t0\t0\t0\t2020\t0\t756\t2776\n\tGroup sales\t0\t0\t999\t10289\t0\t14\t11302\nTotal Revenues\t\t0\t0\t999\t12309\t0\t770\t14078\nProduction costs\t\t0\t0\t(107)\t(481)\t0\t(55)\t(643)\nExploration expenses\t\t0\t0\t0\t0\t0\t(3)\t(3)\nDepreciation depletion and amortization and valuation allowances\t\t0\t0\t(45)\t(464)\t0\t(259)\t(768)\nOther expenses\t\t0\t0\t(639)\t(8952)\t0\t(121)\t(9712)\nPre-tax income from producing activities\t\t0\t0\t208\t2412\t0\t332\t2952\nIncome tax\t\t0\t0\t(103)\t(545)\t0\t(109)\t(757)\nResults of oil and gas producing activities\t\t0\t0\t105\t1867\t0\t223\t2195\n2014\t\t\t\t\t\t\t\t\nRevenues\tNon-Group sales\t0\t0\t0\t2094\t0\t1117\t3211\n\tGroup sales\t0\t(21)\t885\t4854\t0\t(249)\t5469\nTotal Revenues\t\t0\t(21)\t885\t6948\t0\t868\t8680\nProduction costs\t\t0\t0\t(123)\t(311)\t0\t(121)\t(555)\nExploration expenses\t\t0\t0\t0\t0\t0\t(1)\t(1)\nDepreciation depletion and amortization and valuation allowances\t\t0\t0\t(87)\t(304)\t0\t(54)\t(445)\nOther expenses\t\t0\t0\t(537)\t(3806)\t0\t(142)\t(4485)\nPre-tax income from producing activities\t\t0\t(21)\t138\t2527\t0\t550\t3194\nIncome tax\t\t0\t0\t(207)\t(689)\t0\t(140)\t(1036)\nResults of oil and gas producing activities\t\t0\t(21)\t(69)\t1838\t0\t410\t2158\n", "q10k_tbl_253": "\tConsolidated subsidiaries\t\t\t\t\t\t\n(M$)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\n2012\t\t\t\t\t\t\t\nProved property acquisition\t259\t35\t0\t0\t16\t0\t310\nUnproved property acquisition\t52\t1749\t494\t226\t33\t0\t2554\nExploration costs\t768\t742\t734\t45\t434\t3\t2726\nDevelopment costs(a)\t4090\t5563\t2351\t394\t4172\t107\t16677\nTotal cost incurred\t5169\t8089\t3579\t665\t4655\t110\t22267\n2013\t\t\t\t\t\t\t\nProved property acquisition\t0\t175\t0\t3\t487\t0\t665\nUnproved property acquisition\t17\t512\t2105\t85\t85\t0\t2804\nExploration costs\t679\t889\t585\t231\t538\t4\t2926\nDevelopment costs(a)\t5239\t8545\t3191\t464\t5447\t147\t23033\nTotal cost incurred\t5935\t10121\t5881\t783\t6557\t151\t29428\n2014\t\t\t\t\t\t\t\nProved property acquisition\t57\t17\t0\t(1)\t32\t0\t105\nUnproved property acquisition\t17\t69\t544\t7\t66\t0\t703\nExploration costs\t466\t1057\t375\t228\t485\t9\t2620\nDevelopment costs(a)\t4495\t8126\t3468\t478\t4308\t116\t20991\nTotal cost incurred\t5035\t9269\t4387\t712\t4891\t125\t24419\nGroup's share of costs of property acquisition exploration and development\tEquity affiliates\t\t\t\t\t\t\n(M$)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\n2012\t\t\t\t\t\t\t\nProved property acquisition\t0\t0\t0\t0\t0\t306\t306\nUnproved property acquisition\t0\t0\t0\t0\t0\t(28)\t(28)\nExploration costs\t0\t0\t0\t0\t0\t0\t0\nDevelopment costs(a)\t0\t0\t214\t488\t0\t259\t961\nTotal cost incurred\t0\t0\t214\t488\t0\t537\t1239\n2013\t\t\t\t\t\t\t\nProved property acquisition\t0\t0\t0\t0\t0\t274\t274\nUnproved property acquisition\t0\t0\t0\t0\t0\t141\t141\nExploration costs\t0\t0\t0\t0\t0\t0\t0\nDevelopment costs(a)\t0\t0\t170\t458\t0\t319\t947\nTotal cost incurred\t0\t0\t170\t458\t0\t734\t1362\n2014\t\t\t\t\t\t\t\nProved property acquisition\t0\t0\t0\t0\t0\t246\t246\nUnproved property acquisition\t0\t0\t0\t0\t0\t32\t32\nExploration costs\t0\t0\t0\t0\t0\t0\t0\nDevelopment costs(a)\t0\t0\t195\t500\t0\t692\t1387\nTotal cost incurred\t0\t0\t195\t500\t0\t970\t1665\n", "q10k_tbl_254": "\tConsolidated subsidiaries\t\t\t\t\t\t\n(M$)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\nAs of December 31 2012\t\t\t\t\t\t\t\nProved properties\t46781\t53517\t13336\t8455\t26196\t803\t149088\nUnproved properties\t717\t4200\t5706\t327\t808\t0\t11758\nTotal capitalized costs\t47498\t57717\t19042\t8782\t27004\t803\t160846\nAccumulated depreciation depletion and amortization\t(31217)\t(26868)\t(4247)\t(6133)\t(7433)\t(314)\t(76212)\nNet capitalized costs\t16281\t30849\t14795\t2649\t19571\t489\t84634\nAs of December 31 2013\t\t\t\t\t\t\t\nProved properties\t50313\t61728\t15002\t8941\t31968\t950\t168902\nUnproved properties\t888\t5049\t7881\t481\t1123\t0\t15422\nTotal capitalized costs\t51201\t66777\t22883\t9422\t33091\t950\t184324\nAccumulated depreciation depletion and amortization\t(32208)\t(30278)\t(5259)\t(6842)\t(9040)\t(399)\t(84026)\nNet capitalized costs\t18993\t36499\t17624\t2580\t24051\t551\t100298\nAs of December 31 2014\t\t\t\t\t\t\t\nProved properties\t46444\t69277\t17774\t8115\t35169\t1066\t177845\nUnproved properties\t628\t5045\t8309\t566\t1730\t0\t16278\nTotal capitalized costs\t4707\t74322\t26083\t8681\t36899\t1066\t194123\nAccumulated depreciation depletion and amortization\t(28748)\t(34438)\t(10657)\t(6304)\t(11005)\t(496)\t(91648)\nNet capitalized costs\t18324\t39884\t15426\t2377\t25894\t570\t102475\n\tEquity affiliates\t\t\t\t\t\t\n(M$)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\nAs of December 31 2012\t\t\t\t\t\t\t\nProved properties\t0\t0\t1384\t4799\t0\t5376\t11559\nUnproved properties\t0\t0\t0\t0\t0\t1474\t1474\nTotal capitalized costs\t0\t0\t1384\t4799\t0\t6850\t13033\nAccumulated depreciation depletion and amortization\t0\t0\t(234)\t(3352)\t0\t(603)\t(4189)\nNet capitalized costs\t0\t0\t1150\t1447\t0\t6247\t8844\nAs of December 31 2013\t\t\t\t\t\t\t\nProved properties\t0\t0\t1228\t5433\t0\t6299\t12960\nUnproved properties\t0\t0\t0\t0\t0\t1870\t1687\nTotal capitalized costs\t0\t0\t1228\t5433\t0\t7986\t14647\nAccumulated depreciation depletion and amortization\t0\t0\t(221)\t(4015)\t0\t(890)\t(5126)\nNet capitalized costs\t0\t0\t1007\t1418\t0\t7096\t9521\nAs of December 31 2014\t\t\t\t\t\t\t\nProved properties\t0\t0\t1411\t5916\t0\t4347\t11674\nUnproved properties\t0\t0\t0\t0\t0\t895\t895\nTotal capitalized costs\t0\t0\t1411\t5916\t0\t5242\t12569\nAccumulated depreciation depletion and amortization\t0\t0\t(310)\t(4764)\t0\t(635)\t(5709)\nNet capitalized costs\t0\t0\t1101\t1152\t0\t4607\t6860\n", "q10k_tbl_255": "\tConsolidated subsidiaries\t\t\t\t\t\t\n(M$)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\nAs of December 31 2012\t\t\t\t\t\t\t\nFuture cash inflows\t120136\t228622\t74932\t21231\t88907\t2578\t536406\nFuture production costs\t(26210)\t(50380)\t(33282)\t(6719)\t(17980)\t(1633)\t(136204)\nFuture development costs\t(31563)\t(37242)\t(16689)\t(4906)\t(13504)\t(613)\t(104517)\nFuture income taxes\t(35305)\t(87660)\t(5743)\t(3521)\t(16054)\t(237)\t(148520)\nFuture net cash flows after income taxes\t27058\t53340\t19218\t6085\t41369\t95\t147165\nDiscount at 10%\t(13596)\t(22851)\t(14960)\t(2870)\t(25743)\t7\t(80013)\nStandardized measure of discounted future net cash flows\t13462\t30489\t4258\t3215\t15626\t102\t67152\nAs of December 31 2013\t\t\t\t\t\t\t\nFuture cash inflows\t106968\t205741\t78813\t19413\t93404\t2332\t506671\nFuture production costs\t(24973)\t(50531)\t(36172)\t(6950)\t(18548)\t(1456)\t(138630)\nFuture development costs\t(30534)\t(34364)\t(18844)\t(4282)\t(1657)\t(526)\t(105120)\nFuture income taxes\t(27307)\t(73232)\t(5190)\t(3030)\t(14946)\t(219)\t(123924)\nFuture net cash flows after income taxes\t24154\t47614\t18607\t5151\t43340\t131\t138997\nDiscount at 10%\t(10813)\t(19397)\t(15304)\t(2490)\t(27670)\t(49)\t(75723)\nStandardized measure of discounted future net cash flows\t13341\t28217\t3303\t2661\t15670\t82\t63274\nAs of December 31 2014\t\t\t\t\t\t\t\nFuture cash inflows\t87950\t184975\t87965\t17214\t86184\t2294\t466582\nFuture production costs\t(23722)\t(49796)\t(38776)\t(6240)\t(16700)\t(1255)\t(136489)\nFuture development costs\t(28529)\t(35683)\t(16728)\t(3534)\t(12177)\t(780)\t(97431)\nFuture income taxes\t(15363)\t(59063)\t(5891)\t(2881)\t(13475)\t(172)\t(96845)\nFuture net cash flows after income taxes\t20336\t40433\t26570\t4559\t43832\t87\t135817\nDiscount at 10%\t(7928)\t(16026)\t(19489)\t(2173)\t(29422)\t(5)\t(75043)\nStandardized measure of discounted future net cash flows\t12408\t24407\t7081\t2386\t14410\t82\t60774\n(M$) Minority interests in future net cash flows as of\t\t\t\t\t\t\t\nAs of December 31 2012\t0\t646\t0\t0\t0\t0\t646\nAs of December 31 2013\t0\t808\t0\t0\t0\t0\t808\nAs of December 31 2014\t0\t1103\t0\t0\t0\t0\t1103\n", "q10k_tbl_256": "\tEquity affiliates\t\t\t\t\t\t\n(M$)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\nAs of December 31 2012\t\t\t\t\t\t\t\nFuture cash inflows\t0\t2710\t35363\t82785\t0\t12101\t132959\nFuture production costs\t0\t(127)\t(22231)\t(46178)\t0\t(4208)\t(72744)\nFuture development costs\t0\t0\t(3042)\t(3824)\t0\t(5034)\t(11900)\nFuture income taxes\t0\t(505)\t(4322)\t(6997)\t0\t(835)\t(12659)\nFuture net cash flows after income taxes\t0\t2078\t5768\t25786\t0\t2024\t35656\nDiscount at 10%\t0\t(1402)\t(3838)\t(13295)\t0\t(1230)\t(19765)\nStandardized measure of discounted future net cash flows\t0\t676\t1930\t12491\t0\t794\t15891\nAs of December 31 2013\t\t\t\t\t\t\t\nFuture cash inflows\t0\t1337\t19690\t74872\t0\t37237\t133136\nFuture production costs\t0\t(139)\t(11975)\t(38526)\t0\t(12555)\t(63195)\nFuture development costs\t0\t0\t(16750)\t(3388)\t0\t(5119)\t(10182)\nFuture income taxes\t0\t(347)\t(2865)\t(6722)\t0\t(2189)\t(12123)\nFuture net cash flows after income taxes\t0\t851\t3175\t26236\t0\t17374\t47636\nDiscount at 10%\t0\t(636)\t(1871)\t(13402)\t0\t(16308)\t(32217)\nStandardized measure of discounted future net cash flows\t0\t215\t1304\t12834\t0\t1066\t15419\nAs of December 31 2014\t\t\t\t\t\t\t\nFuture cash inflows\t0\t1698\t16209\t68109\t0\t45472\t131488\nFuture production costs\t0\t0\t(9393)\t(36848)\t0\t(13536)\t(59777)\nFuture development costs\t0\t(132)\t(1683)\t(3814)\t0\t(3190)\t(8819)\nFuture income taxes\t0\t(630)\t(1327)\t(5525)\t0\t(3886)\t(11368)\nFuture net cash flows after income taxes\t0\t936\t3806\t21922\t0\t24860\t51524\nDiscount at 10%\t0\t(575)\t(2078)\t(10331)\t0\t(19447)\t(32431)\nStandardized measure of discounted future net cash flows\t0\t361\t1728\t11591\t0\t5413\t19093\n", "q10k_tbl_257": "\tConsolidated subsidiaries\t\t\n(M$)\t2012\t2013\t2014\nBeginning of year\t66440\t67152\t63274\nSales and transfers net of production costs\t(36685)\t(32860)\t(26647)\nNet change in sales and transfer prices and in production costs and other expenses\t3532\t(8007)\t(16703)\nExtensions discoveries and improved recovery\t1749\t1106\t1912\nChanges in estimated future development costs\t(8381)\t(10803)\t(5407)\nPreviously estimated development costs incurred during the year\t15220\t18218\t21484\nRevisions of previous quantity estimates\t3504\t1511\t(1505)\nAccretion of discount\t6644\t6715\t6327\nNet change in income taxes\t18034\t20178\t20116\nPurchases of reserves in place\t385\t1459\t26\nSales of reserves in place\t(3290)\t(1395)\t(2103)\nEnd of year\t67152\t63274\t60774\n\tEquity affiliates\t\t\n(M$)\t2012\t2013\t2014\nBeginning of year\t15737\t15891\t15419\nSales and transfers net of production costs\t(3074)\t(3723)\t(3639)\nNet change in sales and transfer prices and in production costs and other expenses\t(1702)\t(1056)\t(1546)\nExtensions discoveries and improved recovery\t(32)\t4980\t4444\nChanges in estimated future development costs\t(638)\t540\t190\nPreviously estimated development costs incurred during the year\t1042\t1101\t1330\nRevisions of previous quantity estimates\t1268\t(5020)\t19\nAccretion of discount\t1574\t1589\t1542\nNet change in income taxes\t1693\t1107\t834\nPurchases of reserves in place\t23\t520\t543\nSales of reserves in place\t0\t(510)\t(43)\nEnd of year\t15891\t15419\t19093\n", "q10k_tbl_258": "\tConsolidated subsidiaries\t\t\t\t\t\t\n\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\n2012\t\t\t\t\t\t\t\nNatural gas production available for sale (Mcf/d)(a)\t1166\t593\t901\t171\t1123\t0\t3955\nProduction prices(b)\t\t\t\t\t\t\t\nOil ($/b)\t102.56\t106.19\t79.46\t104.14\t99.45\t88.02\t103.86\nBitumen ($/b)\t0\t0\t45.32\t0\t0\t0\t45.32\nNatural gas ($/kcf)\t9.12\t2.82\t2.86\t1.15\t10.73\t0\t6.82\nProduction costs per unit of production ($/boe)(c)\t\t\t\t\t\t\t\nTotal liquids and natural gas\t11.28\t7.32\t5.03\t13.83\t5.67\t13.15\t8.17\nBitumen\t0\t0\t30.83\t0\t0\t0\t30.83\n\tEquity affiliates\t\t\t\t\t\t\n\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\n2012\t\t\t\t\t\t\t\nNatural gas production available for sale (Mcf/d)(a)\t0\t0\t0\t769\t0\t813\t1583\nProduction prices(b)\t\t\t\t\t\t\t\nOil ($/b)\t0\t0\t135.05\t106.97\t0\t36.32\t106.98\nBitumen ($/b)\t0\t0\t0\t0\t0\t0\t0\nNatural gas ($/kcf)\t0\t0\t0\t1.73\t0\t1.22\t1.57\nProduction costs per unit of production ($/boe)(c)\t\t\t\t\t\t\t\nTotal liquids and natural gas\t0\t0\t11.36\t2.55\t0\t1.85\t2.92\nBitumen\t0\t0\t0\t0\t0\t0\t0\n\tConsolidated subsidiaries\t\t\t\t\t\t\n\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\n2013\t\t\t\t\t\t\t\nNatural gas production available for sale (Mcf/d)(a)\t1134\t569\t860\t149\t1193\t0\t3905\nProduction prices(b)\t\t\t\t\t\t\t\nOil ($/b)\t97.75\t102.67\t65.94\t98.57\t95.32\t85.2\t99.34\nBitumen ($/b)\t0\t0\t45.73\t0\t0\t0\t45.73\nNatural gas ($/kcf)\t9.52\t2.65\t3.53\t1.13\t10.15\t0\t7.02\nProduction costs per unit of production ($/boe)(c)\t\t\t\t\t\t\t\nTotal liquids and natural gas\t12.91\t8.39\t5.68\t17.17\t6.13\t12.19\t9.24\nBitumen\t0\t0\t31.74\t0\t0\t0\t31.74\n\tEquity affiliates\t\t\t\t\t\t\n\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\n2013\t\t\t\t\t\t\t\nNatural gas production available for sale (Mcf/d)(a)\t0\t0\t0\t942\t0\t927\t1869\nProduction prices(b)\t\t\t\t\t\t\t\nOil ($/b)\t0\t0\t82.47\t104.42\t0\t51.64\t99.03\nBitumen ($/b)\t0\t0\t0\t0\t0\t0\t0\nNatural gas ($/kcf)\t0\t0\t0\t2.36\t0\t1.08\t1.96\nProduction costs per unit of production ($/boe)(c)\t\t\t\t\t\t\t\nTotal liquids and natural gas\t0\t0\t8.31\t2.97\t0\t0.78\t2.61\nBitumen\t0\t0\t0\t0\t0\t0\t0\n", "q10k_tbl_259": "\tConsolidated subsidiaries\t\t\t\t\t\t\n\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\n2014\t\t\t\t\t\t\t\nNatural gas production available for sale (Mcf/d)(a)\t1008\t567\t849\t156\t1179\t0\t3759\nProduction prices(b)\t\t\t\t\t\t\t\nOil ($/b)\t85.57\t89.97\t60.38\t88.34\t86.51\t81.38\t87.26\nBitumen ($/b)\t0\t0\t42.83\t0\t0\t0\t42.83\nNatural gas ($/kcf)\t7.93\t2.64\t3.56\t1.16\t9.32\t0\t6.34\nProduction costs per unit of production ($/boe)(c)\t\t\t\t\t\t\t\nTotal liquids and natural gas\t13.57\t9.6\t6.24\t17.41\t8.4\t14.72\t10.31\nBitumen\t0\t0\t42.04\t0\t0\t0\t42.04\n\tEquity affiliates\t\t\t\t\t\t\n\tEurope\tAfrica\tAmericas\tMiddle East\tAsia (excl. Russia)\tRussia\tTotal\n2014\t\t\t\t\t\t\t\nNatural gas production available for sale (Mcf/d)(a)\t0\t0\t0\t872\t0\t1059\t1931\nProduction prices(b)\t\t\t\t\t\t\t\nOil ($/b)\t0\t0\t85.72\t88.92\t0\t10.12\t79.07\nBitumen ($/b)\t0\t0\t0\t0\t0\t0\t0\nNatural gas ($/kcf)\t0\t0\t0\t3.37\t0\t2.55\t3.05\nProduction costs per unit of production ($/boe)(c)\t\t\t\t\t\t\t\nTotal liquids and natural gas\t0\t0\t9.19\t2.86\t0\t1.48\t2.72\nBitumen\t0\t0\t0\t0\t0\t0\t0\n"}{"bs": "q10k_tbl_89", "is": "q10k_tbl_87", "cf": "q10k_tbl_89"}None
REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934
OR
þ
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2014
OR
¨
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to
OR
¨
SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report
Commission file number: 1-10888
TOTAL S.A.
(Exact Name of Registrant as Specified in Its Charter)
Republic of France
(Jurisdiction of Incorporation or Organization)
2, place Jean Millier
La Défense 6
92400 Courbevoie
France
(Address of Principal Executive Offices)
Patrick de La Chevardière
Chief Financial Officer
TOTAL S.A.
2, place Jean Millier
La Défense 6
92400 Courbevoie
France
Tel: +33 (0)1 47 44 45 46
Fax: +33 (0)1 47 44 49 44
(Name, Telephone, Email and/or Facsimile Number and Address of Company Contact Person)
Securities registered or to be registered pursuant to Section 12(b) of the Act.
Title of each class
Name of each exchange on which registered
Shares
New York Stock Exchange*
American Depositary Shares
New York Stock Exchange
*
Not for trading, but only in connection with the registration of American Depositary Shares, pursuant to the requirements of the Securities and Exchange Commission.
Securities registered or to be registered pursuant to Section 12(g) of the Act.
None
Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act.
None
Indicate the number of outstanding shares of each of the issuers classes of capital or common stock as of the close of the period covered by the annual report.
2,385,267,525 Shares, par value €2.50 each, as of December 31, 2014
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes þ No ¨
If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. Yes ¨ No þ
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes þ No ¨
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).**
Yes ¨ No ¨
**
This requirement is not currently applicable to the registrant.
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of accelerated filer and large accelerated filer in Rule 12b-2 of the Exchange Act. (Check one):
Large accelerated filer þ
Accelerated filer ¨
Non-accelerated filer ¨
Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing:
U.S. GAAP ¨
International Financial Reporting Standards as issued by the International
Accounting Standards Board þ
Other ¨
If Other has been checked in response to the previous question, indicate by check mark which financial statement item the registrant has elected to follow. Item17 ¨ Item 18 ¨
If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ¨ No þ
Financial information included in this Annual Report is presented according to International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB) and IFRS as adopted by the European Union (EU) as of December 31, 2014.
Statements regarding competitive position
Unless otherwise indicated, statements made in Item 4. Information on the Company referring to TOTALs competitive position are based on the Companys estimates, and in some cases rely on a range of sources, including investment analysts reports, independent market studies and TOTALs internal assessments of market share based on publicly available information about the financial results and performance of market participants.
Additional information
This Annual Report on Form 20-F reports information primarily regarding TOTALs business, operations and financial information relating to the fiscal year ended December 31, 2014. For more recent updates regarding TOTAL, you may inspect any reports, statements or other information TOTAL files with the United States Securities and Exchange Commission (SEC). All of TOTALs SEC filings made after December 31, 2001, are available to the public at the SEC website at http://www.sec.gov and from certain commercial document retrieval services. See also Item 10 7. Documents on Display.
No material on the TOTAL website forms any part of this Annual Report on Form 20-F. References in this document to documents on the TOTAL website are included as an aid to their location and are not incorporated by reference into this document.
Certain terms
Unless the context indicates otherwise, the following terms have the meanings shown below:
acreage
The area, expressed in acres, over which TOTAL has interests in exploration or production.
ADRs
American Depositary Receipts evidencing ADSs.
ADSs
American Depositary Shares representing the shares of TOTAL S.A.
association/consortium/joint venture
Terms used to generally describe a project in which two or more entities participate. For the principles and methods of consolidation applicable to different types of joint arrangements according to IFRS, refer to Note 1 to the Consolidated Financial Statements.
barrels
Barrels of crude oil, condensates, NGL or bitumen.
Company
TOTAL S.A.
condensates
Condensates are a mixture of hydrocarbons that exist in a gaseous phase at original reservoir temperature and pressure, but that, when produced, exist in a liquid phase at surface temperature and pressure. Condensates are sometimes referred to as C5+.
crude oil
Crude oil is a mixture of compounds (mainly pentanes and heavier hydrocarbons) that exists in a liquid phase at original reservoir temperature and pressure and remains liquid at atmospheric pressure and ambient temperature. Crude oil or oil are sometimes used as generic terms to designate crude oil plus condensates plus NGL.
Depositary
JP Morgan Chase Bank, N.A.
Depositary Agreement
The depositary agreement pursuant to which ADSs are issued, a copy of which is attached as Exhibit (a) to the registration statement on Form F-6 (Reg. No. 333-199737) filed with the SEC on October 31, 2014.
ERMI
The ERMI (European Refining Margin Indicator) is a Group indicator intended to represent the refining margin after variable costs for a theoretical complex refinery located around Rotterdam in Northern Europe that processes a mix of crude oil and other inputs commonly supplied to this region to produce and market the main refined products at prevailing prices in the region.
Group
TOTAL S.A. and its subsidiaries and affiliates. The terms TOTAL and Group are used interchangeably.
hydrocracker
A refinery unit which uses a catalyst and extraordinarily high pressure, in the presence of surplus hydrogen, to shorten molecules.
liquids
Liquids consist of crude oil, bitumen, condensates and NGL.
LNG
Liquefied natural gas.
LPG
Liquefied petroleum gas is a mixture of hydrocarbons, the principal components of which are propane and butane, in a gaseous state at atmospheric pressure, but which is liquefied under moderate pressure and ambient temperature. LPG is included in NGL.
NGL
Natural gas liquids (NGL) are a mixture of light hydrocarbons that exist in the gaseous phase at atmospheric pressure and are recovered as liquids in gas processing plants; NGL include very light hydrocarbons (ethane, propane and butane).
oil and gas
Generic term which includes all hydrocarbons (e.g., crude oil, condensates, NGL, bitumen and natural gas).
As used in this report, project may encompass different meanings, such as properties, agreements, investments, developments, phases, activities or components, each of which may also informally be described as a project. Such use is for convenience only and is not intended as a precise description of the term project as it relates to any specific governmental law or regulation.
proved reserves
Proved oil and gas reserves are those quantities of oil and gas, which, by analysis of geoscience and engineering data, can be estimated with reasonable certainty to be economically producible from a given date forward, from known reservoirs, and under existing economic conditions, operating methods, and government regulations, prior to the time at which contracts providing the right to operate expire, unless evidence indicates that renewal is reasonably certain, regardless of whether deterministic or probabilistic methods are used for the estimation. The full definition of proved reserves that we are required to follow in presenting such information in our financial results and elsewhere in reports we file with the SEC is found in Rule 4-10 of Regulation S-X under the U.S. Securities Act of 1933, as amended (including as amended by the SEC Modernization of Oil and Gas Reporting Release No. 33-8995 of December 31, 2008) (Rule 4-10).
proved developed reserves
Proved developed oil and gas reserves are proved reserves that can be expected to be recovered (i) through existing wells with existing equipment and operating methods or in which the cost of the required equipment is relatively minor compared to the cost of a new well; and (ii) through installed extraction equipment and infrastructure operational at the time of the reserves estimate if the extraction is by means not involving a well. The full definition of developed reserves that we are required to follow in presenting such information in our financial results and elsewhere in reports we file with the SEC is found in Rule 4-10.
proved undeveloped reserves
Proved undeveloped oil and gas reserves are proved reserves that are expected to be recovered from new wells on undrilled acreage, or from existing wells where a relatively major expenditure is required for recompletion. The full definition of undeveloped reserves that we are required to follow in presenting such information in our financial results and elsewhere in reports we file with the SEC is found in Rule 4-10.
steam cracker
A petrochemical plant that turns naphtha and light hydrocarbons into ethylene, propylene, and other chemical raw materials.
TOTAL
TOTAL S.A. and its subsidiaries and affiliates. We use such term interchangeably with the term Group. When we refer to the parent holding company alone, we use the term TOTAL S.A. or the Company.
trains
Facilities for converting, liquefying, storing and off-loading natural gas.
turnarounds
Temporary shutdowns of facilities for maintenance, overhaul and upgrading.
Abbreviations
b
= barrel
boe
= barrel of oil equivalent
cf
= cubic feet
GWh
= gigawatt-hour
t
= metric ton
m3
= cubic meter
Btu
= British thermal unit
TWh
= terawatt-hour
/d
= per day
/y
= per year
k
= thousand
Wp
= watt peak
M
= million
B
= billion
W
= watt
Conversion table
1 acre
= 0.405 hectares
1 b
= 42 U.S. gallons
1 boe
= 1 b of crude oil
= 5,400 cf of gas in 2014(1) (5,403 cf in 2013 and 5,434 cf in 2012)
1 b/d of crude oil
= approximately 50 t/y of crude oil
1 Bm3/y
= approximately 0.1 Bcf/d
1 m3
= 35.3147 cf
1 kilometer
= approximately 0.62 miles
1 ton
= 1 t
= 1,000 kilograms (approximately 2,205 pounds)
1 ton of oil
= 1 t of oil
= approximately 7.5 b of oil (assuming a specific gravity of 37° API)
1 Mt of LNG
= approximately 48 Mcf of gas
1 Mt/y LNG
= approximately 131 Mcf/d
(1)
Natural gas is converted to barrels of oil equivalent using a ratio of cubic feet of natural gas per one barrel. This ratio is based on the actual average equivalent energy content of TOTALs natural gas reserves during the applicable periods, and is subject to change. The tabular conversion rate is applicable to TOTALs natural gas reserves on a group-wide basis.
TOTAL has made certain forward-looking statements in this document and in the documents referred to in, or incorporated by reference into, this Annual Report. Such statements are subject to risks and uncertainties. These statements are based on the beliefs and assumptions of the management of TOTAL and on the information currently available to such management. Forward-looking statements include information concerning forecasts, projections, anticipated synergies, and other information concerning possible or assumed future results of TOTAL, and may be preceded by, followed by, or otherwise include the words believes, expects, anticipates, intends, plans, targets, estimates or similar expressions.
Forward-looking statements are not assurances of results or values. They involve risks, uncertainties and assumptions. TOTALs future results and share value may differ materially from those expressed in these forward-looking statements. Many of the factors that will determine these results and values are beyond TOTALs ability to control or predict. Except for its ongoing obligations to disclose material information as required by applicable securities laws, TOTAL does not have any intention or obligation to update forward-looking statements after the distribution of this document, even if new information, future events or other circumstances have made them incorrect or misleading.
You should understand that various factors, certain of which are discussed elsewhere in this document and in the documents referred to in, or incorporated by reference into, this document, could affect the future results of TOTAL and could cause results to differ materially from those expressed in such forward-looking statements, including:
material adverse changes in general economic conditions or in the markets served by TOTAL, including changes in the prices of oil, natural gas, refined products, petrochemical products and other chemicals;
changes in currency exchange rates and currency devaluations;
the success and the economic efficiency of oil and natural gas exploration, development and production programs, including, without limitation, those that are not controlled and/or operated by TOTAL;
uncertainties about estimates of changes in proven and potential reserves and the capabilities of production facilities;
uncertainties about the ability to control unit costs in exploration, production, refining and marketing (including refining margins) and chemicals;
changes in the current capital expenditure plans of TOTAL;
the ability of TOTAL to realize anticipated cost savings, synergies and operating efficiencies;
the financial resources of competitors;
changes in laws and regulations, including tax and environmental laws and industrial safety regulations;
the quality of future opportunities that may be presented to or pursued by TOTAL;
the ability to generate cash flow or obtain financing to fund growth and the cost of such financing and liquidity conditions in the capital markets generally;
the ability to obtain governmental or regulatory approvals;
the ability to respond to challenges in international markets, including political or economic conditions (including national and international armed conflict) and trade and regulatory matters (including actual or proposed sanctions on companies that conduct business in certain countries);
the ability to complete and integrate appropriate acquisitions, strategic alliances and joint ventures;
changes in the political environment that adversely affect exploration, production licenses and contractual rights or impose minimum drilling obligations, price controls, nationalization or expropriation, and regulation of refining and marketing, chemicals and power generating activities;
the possibility that other unpredictable events such as labor disputes or industrial accidents will adversely affect the business of TOTAL; and
the risk that TOTAL will inadequately hedge the price of crude oil or finished products.
For additional factors, you should read the information set forth under Item 3 C. Risk Factors, Item 4 C. Other Matters, Item 5. Operating and Financial Review and Prospects and Item 11. Quantitative and Qualitative Disclosures About Market Risk.
ITEM 1. IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS
Not applicable.
ITEM 2. OFFER STATISTICS AND EXPECTED TIMETABLE
Not applicable.
ITEM 3. KEY INFORMATION
A. SELECTED FINANCIAL DATA
The following table presents selected consolidated financial data for TOTAL on the basis of IFRS as issued by the IASB and IFRS as adopted by the EU for the years ended December 31, 2014, 2013, 2012, 2011 and 2010. Effective January 1, 2014, TOTAL changed the presentation currency of the Groups Consolidated Financial Statements from the Euro to the US Dollar. Comparative 2013, 2012, 2011 and 2010 information in the table below has been restated. For more information, see the Introduction to the Consolidated Financial Statements. Following the retrospective application of the accounting interpretation IFRIC 21 effective January 1, 2014, the information for 2013 and 2012 has been restated; however, the impact on such restated results is not significant (for further information concerning this restatement, see the introduction to the Notes to the Consolidated Financial Statements included elsewhere herein). Ernst & Young Audit and KPMG S.A., independent registered public accounting firms and the Companys auditors, audited the historical consolidated financial statements of TOTAL for these periods from which the financial data presented below for such periods are derived, except for the application of the revised accounting standard IAS 19 for the year 2010 and for the application of IFRIC 21 and change of presentation currency for the years 2010 and 2011. All such data should be read in conjunction with the Consolidated Financial Statements and the Notes thereto included elsewhere herein.
SELECTED CONSOLIDATED FINANCIAL DATA
(M$, except share and per share data)(a)
2014
2013
2012
2011
2010
INCOME STATEMENT DATA
Revenues from sales
212,018
227,969
234,216
231,830
186,232
Net income, Group share
4,244
11,228
13,648
17,400
14,740
Earnings per share
1.87
4.96
6.05
7.74
6.60
Fully diluted earnings per share
1.86
4.94
6.02
7.71
6.57
CASH FLOW STATEMENT DATA
Cash flow from operating activities
25,608
28,513
28,858
27,193
24,516
Total expenditures
30,509
34,431
29,475
34,161
21,574
BALANCE SHEET DATA
Total assets
229,798
239,223
225,886
211,793
191,641
Non-current financial debt
45,481
34,574
29,392
29,186
27,770
Non-controlling interests
3,201
3,138
1,689
1,749
1,144
Shareholders equity Group share
90,330
100,241
93,969
86,667
79,748
Common shares
7,518
7,493
7,454
7,447
7,398
DIVIDENDS
Dividend per share (euros)
€2.44
(b)
€2.38
€2.34
€2.28
€2.28
Dividend per share (dollars)
$3.00
(b)(c)
$3.24
$3.05
$2.97
$3.15
COMMON SHARES(d)
Average number outstanding of common shares €2.50 par value (shares undiluted)
2,272,859,512
2,264,349,795
2,255,801,563
2,247,479,529
2,234,829,043
Average number outstanding of common shares €2.50 par value (shares diluted)
2,281,004,151
2,271,543,658
2,266,635,745
2,256,951,403
2,244,494,576
(a)
Following the retrospective application of the accounting interpretation IFRIC 21 effective January 1, 2014, the information for 2013 has been restated; however, the impact on such restated results is not significant (for further information concerning this restatement, see the introduction to the Notes to the Consolidated Financial Statements included elsewhere herein).
(b)
Subject to approval by the shareholders meeting on May 29, 2015.
(c)
Estimated dividend in dollars includes the first quarterly interim ADR dividend of $0.77 paid in October 2014 and the second quarterly interim ADR dividend of $0.75 paid in January 2015, as well as the third quarterly interim ADR dividend of $0.74 payable in April 2015 and the proposed final interim ADR dividend of $0.74 payable in July 2015, both converted at a rate of $1.21/€.
(d)
The number of common shares shown has been used to calculate per share amounts.
For information regarding the effects of currency fluctuations on TOTALs results, see Item 5. Operating and Financial Review and Prospects.
Most currency amounts in this Annual Report on Form 20-F are expressed in U.S. dollars (dollars or $) or in euros (euros or €). For the convenience of the reader, this Annual Report on Form 20-F presents certain translations into dollars of certain euro amounts ($1.30/€1.00).
The following table sets out the average dollar/euro exchange rates expressed in dollars per €1.00 for the years indicated, based on an average of the daily European Central Bank (ECB) reference exchange rate.(1) Such rates are used by TOTAL in preparation of its Consolidated Statement of Income and Consolidated Statement of Cash Flow in its Consolidated Financial Statements. No representation is made that the euro could have been converted into dollars at the rates shown or at any other rates for such periods or at such dates.
DOLLAR/EURO EXCHANGE RATES
Year
Average Rate
2010
1.3257
2011
1.3920
2012
1.2848
2013
1.3281
2014
1.3285
The table below shows the high and low dollar/euro exchange rates for the four months ended December 31, 2014, and for the first months of 2015, based on the daily ECB reference exchange rates published during the relevant month expressed in dollars per €1.00.
DOLLAR/EURO EXCHANGE RATES
Period
High
Low
September 2014
1.3151
1.2583
October 2014
1.2823
1.2524
November 2014
1.2539
1.2393
December 2014
1.2537
1.2141
January 2015
1.2043
1.1198
February 2015
1.1447
1.1240
March 2015(a)
1.1227
1.0557
(a)
Through March 24, 2015.
The ECB reference exchange rate on March 24, 2015 for the dollar against the euro was $1.0950/€.
C. RISK FACTORS
The Group and its businesses are subject to various risks relating to changing competitive, economic, political, legal, social, industry, business and financial conditions. These conditions, along with TOTALs approaches to managing certain of these risks, are described below and discussed in greater detail elsewhere in this Annual Report, particularly under the headings Item 4 C. Other Matters, Item 5. Operating and Financial Review and Prospects and Item 11. Quantitative and Qualitative Disclosures About Market Risk.
The operating results and future rate of growth of the Group are exposed to the effects of changing commodity prices.
Prices for oil and natural gas may fluctuate widely due to many factors over which TOTAL has no control. These factors include:
variations in global and regional supply and demand of energy;
global and regional economic and political developments in resource-producing regions, particularly in the Middle East, Africa and South America;
the ability of the Organization of the Petroleum Exporting Countries (OPEC) and other producing nations to influence global production levels and prices;
prices of unconventional energies as well as evolving approaches for developing oil sands and shale oil, which may affect the Groups realized prices, notably under its long-term gas sales contracts and asset valuations, particularly in North America;
cost and availability of new technology;
governmental regulations and actions;
global economic and financial market conditions;
war or other conflicts;
changes in demographics, including population growth rates and consumer preferences; and
adverse weather conditions (such as hurricanes) that can disrupt supplies or interrupt operations of the Groups facilities.
Substantial or extended declines in oil and natural gas prices would significantly and adversely affect TOTALs results of operations by reducing its profits. The year 2014 was marked by a sharp oil price decline in the second half, which continued in early 2015. For more detailed information on this oil price decline and its impact on the Groups 2014 results, financial position and outlook, refer to Item 5. Operating and Financial Review and Prospects. For the year 2015, according to the scenarios retained, TOTAL estimates that a decrease of $10 per barrel in the average annual price of Brent crude would have the effect of reducing its annual cash flow from operations by approximately $2 billion, and vice versa (Brent price of $60 per barrel). In addition to the adverse effect on revenues, margins and profitability from any fall in oil and natural gas prices, a prolonged period of low prices or other indicators could lead to a review of the Groups assets and oil and natural gas reserves. Such review would reflect the Companys view based on estimates, assumptions and judgments and could result in a reduction in the Groups reported reserves and/or a charge for impairment that could have a significant effect on the Groups results in the period in which it occurs. Lower oil and natural gas prices over prolonged periods may also reduce the
(1)
For the period 2010 2014, the averages of the ECB reference exchange rates expressed in dollars per €1.00 on the last business day of each month during the relevant year are as follows: 2010 1.32; 2011 1.40; 2012 1.29; 2013 1.33; and 2014 1.32.
economic viability of projects planned or in development, impact the asset sale program of the Group and reduce liquidity, thereby decreasing the Groups ability to finance capital expenditures and/or causing it to cancel or postpone investment projects. If TOTAL is unable to follow through with investment projects, the Groups opportunities for future revenue and profitability growth would be reduced, which could materially impact the Groups financial condition.
Conversely, in a high oil and gas price environment, the Group can experience significant increases in cost and government take, and, under some production-sharing contracts, the Groups production rights could be reduced. Higher prices can also reduce demand for the Groups products.
The Groups earnings from its Refining & Chemicals and Marketing & Services segments are primarily dependent upon the supply and demand for refined products and the associated margins on refined product sales, with the impact of changes in oil and gas prices on earnings on these segments being dependent upon the speed at which the prices of refined products adjust to reflect movements in oil and gas prices. For the year 2015, according to the scenarios retained, TOTAL estimates that a decrease in the Groups European Refining Margin Indicator (ERMI) of $1.00 per ton would decrease its annual cash flow from operations by approximately $0.07 billion, and vice versa.
The Groups long-term profitability depends on cost effective discovery, acquisition and development of new reserves; if the Group is unsuccessful, its results of operations and financial condition would be materially and adversely affected.
A significant portion of the Groups revenues and the majority of its operating results are derived from the sale of oil and gas that the Group extracts from underground reserves developed as part of its Exploration & Production activities. The development of oil and gas fields, the construction of facilities and the drilling of production or injection wells is capital intensive and requires advanced technology. Due to constantly changing market conditions and difficult environmental challenges, cost projections can be uncertain. In order for the Upstream segment to continue to be profitable, the Group needs to replace its reserves with new proved reserves. Furthermore, the Group needs to accomplish such replacement in a manner that allows subsequent production to be economically viable. However, TOTALs ability to discover or acquire and develop new reserves successfully is uncertain and can be negatively affected by a number of factors, including:
the geological nature of oil and gas fields, notably unexpected drilling conditions including pressure or irregularities in geological formations;
the risk of dry holes or failure to find expected commercial quantities of hydrocarbons;
the inability of service companies to deliver on contracted services;
the inability of the Groups partners to execute or finance projects in which the Group holds an interest;
equipment failures, fires, blow-outs or accidents;
the Groups inability to develop or implement new technologies that enable access to previously inaccessible fields;
the Groups inability to anticipate market changes in a timely manner;
adverse weather conditions;
compliance with both anticipated and unanticipated governmental requirements, including U.S. and EU
regulations that may give a competitive advantage to companies not subject to such regulations;
shortages or delays in the availability or delivery of appropriate equipment;
industrial action;
competition from oil and gas companies for the acquisition and development of assets and licenses (see Item 4 C. Other Matters 5. Competition);
increased taxes and royalties, including retroactive claims; and
disputes related to property titles.
Any of these factors could lead to cost overruns and impair the Groups ability to make discoveries and acquisitions or complete a development project, or to make production economical. It is impossible to guarantee that new reserves of oil and gas will be discovered or acquired in sufficient quantities to replace the Groups reserves currently being developed, produced and marketed.
Furthermore, some of these factors may also affect the Groups projects and facilities further down the oil and gas chain. If TOTAL fails to develop new reserves cost-effectively on an ongoing basis, the Groups results of operations, including profits, and the Groups financial condition, would be materially and adversely affected.
The Groups oil and gas reserves data are only estimates and subsequent downward adjustments are possible. If actual production from such reserves is lower than current estimates indicate, the Groups results of operations and financial condition would be negatively impacted.
The Groups proved reserves figures are estimates reflecting applicable reporting regulations. Proved reserves are those reserves which, by analysis of geosciences and engineering data, can be estimated with reasonable certainty to be economically recoverable from a given date forward, from known reservoirs and under existing economic conditions, operating methods and government regulations prior to the time at which contracts providing the right to operate expire, unless evidence indicates that renewal is reasonably certain, regardless of whether deterministic or probabilistic methods are used for the estimation. Reserves are estimated by teams of qualified, experienced and trained geoscientists, petroleum engineers and project engineers, who rigorously review and analyze in detail all available geosciences and engineering data (e.g., seismic, electrical logs, cores, fluids, pressures, flow rates, facilities parameters). This process involves making subjective judgments, including with respect to the estimate of hydrocarbons initially in place, initial production rates and recovery efficiency, based on available geological, technical and economic data. Consequently, estimates of reserves are not exact measurements and are subject to revision. In addition, they may be negatively impacted by a variety of factors that are beyond the Groups control and that could cause such estimates to be adjusted downward in the future, or cause the Groups actual production to be lower than its currently reported proved reserves indicate. The main such factors include:
a decline in the price of oil or gas, making reserves no longer economically viable to exploit and therefore not classifiable as proved;
an increase in the price of oil or gas, which may reduce the reserves to which the Group is entitled under production sharing and risked service contracts and other contractual terms;
changes in tax rules and other government regulations that make reserves no longer economically viable to exploit; and
the actual production performance of the Groups reservoirs.
The Groups proved reserves based on SEC rules were 11,523 Mboe at December 31, 2014, based on the average monthly Brent price of $101.3/b. If the Brent price were to continue to remain low in 2015 compared to 2014, proved reserves at year-end 2015 could decline.
The Groups reserves estimates may therefore require substantial downward revisions to the extent its subjective judgments prove not to have been conservative enough based on the available geosciences and engineering data, or the Groups assumptions regarding factors or variables that are beyond its control prove to be incorrect over time. Any downward adjustment would indicate lower future production amounts, which could adversely affect the Groups results of operations, including profits as well as its financial condition.
The Groups production growth depends on the delivery of its major development projects.
The Groups targeted production growth relies heavily on the successful execution of major development projects that are increasingly complex and capital-intensive. These major projects are subject to a number of challenges, including:
negotiations with partners, governments, suppliers, customers and others;
cost overruns and delays related to the availability of skilled labor or delays in manufacturing and delivery of critical equipment, or shortages in the availability of such equipment;
unforeseen technical difficulties that could delay project startup or cause unscheduled project downtime;
the actual performance of the reservoir and natural field decline; and
timely issuance or renewal of permits and licenses by government agencies.
Poor delivery of any major project that underpins production or production growth could adversely affect the Groups financial performance.
Many of the Groups projects are conducted by equity affiliates. This may reduce the Groups degree of control, as well as its ability to identify and manage risks.
A significant and growing number of the Groups projects are conducted by equity affiliates. In cases where the Groups company is not the operator, such company may have limited influence over, and control of, the behavior, performance and costs of the partnership, its ability to manage risks may be limited and it may, nevertheless, be prosecuted by regulators or claimants in the event of an incident. Additionally, the partners of the Group may not be able to meet their financial or other obligations to the projects, which may threaten the viability of a given project. These partners may also not have the financial capacity to fully indemnify the Group in the event of an incident.
For additional information concerning equity affiliates, refer to Note 12 (Equity affiliates: investments and loans) to the Consolidated Financial Statements.
TOTAL has significant production and reserves located in politically, economically and socially unstable areas, where the likelihood of material disruption of the Groups operations is relatively high.
A significant portion of TOTALs oil and gas production and reserves is located in countries outside of the Organisation for Economic Co-operation and Development (OECD). In recent years, a number of these countries have experienced varying degrees of one or more of the following: economic instability, political volatility, civil war, violent conflict, social unrest, actions of terrorist groups
and the application of international economic sanctions. Any of these conditions alone or in combination could disrupt the Groups operations in any of these regions, causing substantial declines in production or revisions to reserves estimates. In Africa, which represented 31% of the Groups 2014 combined liquids and gas production, certain of the countries in which the Group has production have recently suffered from some of these conditions, including Nigeria, which has been the main contributing country to the Groups production of hydrocarbons since 2012, and Libya. The Middle East, which represented 18% of the Groups 2014 combined liquids and gas production, has in recent years suffered increased political volatility in connection with violent conflict and social unrest, including Syria, where European Union (EU) and U.S. economic sanctions have prohibited TOTAL from producing oil and gas since 2011, and Yemen. In South America, which represented 7% of the Groups 2014 combined liquids and gas production, certain of the countries in which TOTAL has production have recently suffered from some of the above-mentioned conditions, including Argentina and Venezuela. In Russia, where, as of December 31, 2014, the Group held 19% of its proved reserves, members of the international community have, since July 2014, adopted economic sanctions against certain Russian persons and entities, including various entities operating in the financial, energy and defense sectors, in response to the situation in Ukraine (for additional information, refer to Restrictions against Russia, below). Furthermore, in addition to current production, TOTAL is also exploring for and developing new reserves in other regions of the world that are historically characterized by political, social and economic instability, such as the Caspian Sea region where TOTAL has large projects currently underway. The occurrence and magnitude of incidents related to economic, social and political instability are unpredictable. It is possible that they could have a material adverse impact on the Groups production and operations in the future and/or cause certain investors to reduce their holdings of TOTALs securities.
TOTAL, like other major international energy companies, has a geographically diverse portfolio of reserves and operational sites, which allows it to conduct its business and financial affairs so as to reduce its exposure to political and economic risks. However, there can be no assurance that such events will not have a material adverse impact on the Group.
TOTALs activities are subject to intervention by the government of host countries, which could have an adverse effect on the Groups results of operations.
TOTAL has significant exploration and production activities, and in some cases refining, marketing or chemicals operations, in countries whose governmental and regulatory framework is subject to unexpected change and where the enforcement of contractual rights is uncertain. In addition, the Groups exploration and production activities in such countries are often done in conjunction with state-owned entities, for example as part of a joint venture, where the state has a significant degree of control. In recent years, in various regions globally, TOTAL has seen governments and state-owned enterprises imposing more stringent conditions on companies pursuing exploration and production activities in their respective countries, increasing the costs and uncertainties of the Groups business operations, which is a trend TOTAL expects to continue.
Potential increasing intervention by governments in such countries can take a wide variety of forms, including:
the award or denial of exploration and production interests;
the imposition of specific drilling obligations;
price and/or production quota controls and export limits;
unilateral cancellation or modification of license or contract rights;
increases in taxes and royalties, including retroactive claims;
the renegotiation of contracts;
the imposition of increased local content requirements;
payment delays; and
currency exchange restrictions or currency devaluation.
Imposition of any of these factors by a host government where TOTAL has substantial operations, including exploration, could cause the Group to incur material costs or cause the Groups production or value of the Groups assets to decrease, potentially having a material adverse effect on its results of operations, including profits.
For example, the Nigerian government has been contemplating new legislation to govern the petroleum industry which, if passed into law, could have an impact on the existing and future activities of the Group in that country through increased taxes and/or costs of operation and could adversely affect financial returns from projects in that country.
Ethical misconduct or breaches of applicable laws by employees of the Group could expose TOTAL to criminal and civil penalties and be damaging to TOTALs reputation and shareholder value.
The Groups Code of Conduct, which applies to all of its employees, defines the Groups commitment to business integrity, compliance with all applicable legal requirements and high ethical standards. The Code also defines the behavior and actions expected of the businesses and people of the Group wherever it operates. Ethical misconduct or non-compliance with applicable laws and regulations, including non-compliance with anti-bribery and anti-corruption laws, by TOTAL, its partners, agents or others that act on the Groups behalf, could expose TOTAL and its employees to criminal and civil penalties and could be damaging to TOTALs reputation and shareholder value. In addition, ethical misconduct or non-compliance with applicable laws may lead the competent authorities to impose other measures, such as the appointment of an independent monitor in charge of reviewing the Groups compliance and internal control procedures and, if need be, recommending improvements of such procedures. For an overview of the settlements between TOTAL, the SEC and the Department of Justice (DoJ) providing for the appointment of an independent monitor, refer to Item 4 C. Other Matters 7.3.7.1. Preventing corruption and Item 8 4. Legal or arbitration proceedings 4. Iran.
TOTAL is exposed to risks related to the safety and security of its operations.
TOTAL engages in a broad range of industrial activities, including, in particular, drilling, oil and gas production, processing, transportation, refining and petrochemical activities, storage and distribution of petroleum products, specialty chemicals and solar energy. These activities involve a wide range of operational risks, such as explosions, fires, accidents, equipment failures, leakage of toxic products, emissions or discharges into the air, water or soil, and related environmental and health risks. In the transportation area, the type of risk depends not only on the hazardous nature of the products transported, but also on the transportation methods used (mainly maritime, river-maritime, rail, road and pipelines), the volumes involved and the sensitivity of the regions through which the transport passes (quality of infrastructure, population density, environmental considerations). Moreover, most of the Groups activities will eventually require environmental site remediation, closure and decommissioning after operations are discontinued.
The industrial events that could have the most significant impact are primarily:
a major industrial accident (fire, explosion, leakage of highly toxic products); and
large-scale accidental pollution or pollution at a particularly sensitive site.
Each of the described risks corresponds to events that could potentially cause death, harm human health, damage property, disrupt business activities or cause environmental damage. The Groups employees, contractors, residents living near the facilities or customers can suffer injuries. Property damage can involve the facilities of the Group as well as the property of third parties. The seriousness of the consequences of these events varies according to the vulnerability of the people, ecosystems and business activities impacted, on the one hand, and the number of people in the impact area and the location of the ecosystems and business activities in relation to TOTALs facilities or to the trajectory of the products after the event, on the other hand.
Acts of terrorism against the Groups plants and sites, pipelines, transportation and computer systems could also severely disrupt business activities and could cause harm to people, the environment and property.
Like most industrial groups, TOTAL is affected by reports of occupational illnesses, particularly those caused by past exposure of the Groups employees to asbestos. Asbestos exposure has been subject to close monitoring at all of the Groups business segments. As of December 31, 2014, the Group estimates that the ultimate cost of all pending or future asbestos-related claims is not likely to have a material impact on the Groups financial position.
Certain segments or activities of the Group face specific additional risks.
TOTALs Upstream segment faces, notably, risks related to the physical characteristics of oil and gas fields. These risks include eruptions of oil or gas, discovery of hydrocarbon pockets with abnormal pressure, crumbling of well openings, leaks that can harm the environment and explosions or fires. These events, which may cause injury, death or environmental damage, can also damage or destroy oil or gas wells as well as equipment and other property, lead to a disruption of the Groups operations or reduce its production. In addition, since exploration and production activities may take place on sites that are ecologically sensitive (for example, in tropical forests or in a marine environment), each site requires a risk-based approach to avoid or minimize the impact on human health, flora and fauna, the ecosystem and biodiversity. In certain situations where the operator is not a Group entity, the Group may have reduced influence and control over third parties, which may limit its ability to manage and control these risks.
The activities of the Refining & Chemicals and Marketing & Services business segments also entail additional health, safety and environmental risks related to the overall life cycle of the products manufactured, as well as the materials used in the manufacturing process, such as catalysts, additives and monomers. These risks can arise from the intrinsic characteristics of the products involved (flammability, toxicity or long-term environmental impacts such as greenhouse gas emissions), their use (including by customers), emissions and discharges resulting from their manufacturing process (such as greenhouse gas emissions), and from material and waste disposal (recycling, regeneration or other processes, or waste elimination).
Contracts signed by the Groups entities may provide for indemnification obligations either by TOTAL in favor of the contractor or third parties or by the contractor or third parties in favor of TOTAL if, for example, an event occurs leading to death, personal injury or property or environmental damage.
With respect to joint ventures in which an entity of the Group has an interest and the assets of which are operated by such Group entity under an operating agreement between the joint venture and such entity, contractual terms generally provide that the operator assumes full liability for damages caused by its gross negligence or willful misconduct.
With respect to joint ventures in which an entity of the Group has an interest but the assets of which are operated by a third party, contractual terms generally provide that the operator assumes full liability for damages caused by its gross negligence or willful misconduct.
In the absence of the operators gross negligence or willful misconduct, other liabilities are generally borne by the joint venture and the cost thereof is assumed by the partners of the joint venture in proportion to their respective ownership interests.
With respect to third-party providers of goods and services, the amount and nature of the liability assumed by the third party depends on the context and may be limited by contract. With respect to their customers, the Groups entities ensure that their products meet applicable specifications and abide by all applicable consumer protection laws. Failure to do so could lead to personal injury, environmental harm and loss of customers, which could negatively impact the Groups results of operations, financial position and reputation.
Crisis management systems are necessary to respond effectively to emergencies, avoid potential disruptions in TOTALs business and operations, and minimize impacts on third parties and the environment.
TOTAL has crisis management plans in place to deal with emergencies. However, these plans cannot exclude the risk that the Groups business and operations may be severely disrupted in a crisis situation or ensure the absence of impacts on third parties or the environment. TOTAL also has implemented business continuity plans in order to continue or resume operations following a shutdown or incident. An inability to restore or replace critical capacity in a timely manner could prolong the impact of any disruption and could have a material adverse effect on the Groups business and operations. For more information on the Groups crisis management systems, see Item 4 C. Other Matters 1. Management and monitoring of industrial and environmental risks.
While the Groups insurance coverage is in line with industry practice, TOTAL is not insured against all possible risks.
The Group maintains insurance to protect itself against the risk of damage to Group property and/or business interruption to the Groups main refining and petrochemical sites. In addition, the Group also maintains worldwide third-party liability insurance coverage for all of its subsidiaries. The Groups insurance and risk management policies are described under Item 4 C. Other Matters 2. Insurance and risk management. TOTAL believes that its insurance coverage is in line with industry practice and sufficient to cover normal risks in its operations. However, the Group is not insured against all potential risks. In the event of a major environmental disaster, for example, TOTALs liability may exceed the maximum coverage provided by its third-party liability insurance. The loss TOTAL could suffer in the event of such disaster would depend on all the facts and circumstances of the
event and would be subject to a whole range of uncertainties, including legal uncertainty as to the scope of liability for consequential damages, which may include economic damage not directly connected to the disaster. The Group cannot guarantee that it will not suffer any uninsured loss and there can be no guarantee, particularly in the case of a major environmental disaster or industrial accident, that such loss would not have a material adverse effect on the Group.
TOTAL is subject to stringent environmental, health and safety laws in numerous countries and may incur material costs to comply with these laws and regulations.
TOTALs workforce and the public are exposed to risks inherent to the Groups operations that potentially could lead to loss of life, injuries, property damage or environmental damage and could result in regulatory action and legal liability against the entities of the Group and its officers, as well as damage to the Groups reputation.
TOTAL incurs, and will continue to incur, substantial expenditures to comply with increasingly complex laws and regulations aimed at protecting health, safety and the environment.
These expenditures include:
costs incurred to prevent, control, eliminate or reduce certain types of air and water emissions, including those costs incurred in connection with measures taken to address climate change;
remedial measures related to environmental contamination or accidents at various sites, including those owned by third parties;
indemnification of individuals or entities claiming damages caused by accidents or by the Groups activities;
increased production costs and costs related to changes in product specifications; and
costs related to the decommissioning of drilling platforms and other facilities.
Such expenditures could have a material effect on the results of operations of the Group and its financial position.
Furthermore, in countries where the Group operates or plans to operate, the introduction of new laws and regulations, stricter enforcement or new interpretations of existing laws and regulations or the imposition of tougher license requirements may also cause the Groups entities to incur higher costs resulting from actions taken to comply with such laws and regulations, including:
modifying operations;
installing complementary pollution control equipment;
implementing additional safety measures; and
performing site clean-ups.
As a further result of, notably, the introduction of any new laws and regulations, the Group could also be compelled to curtail, modify or cease certain operations or implement temporary shutdowns of facilities, which could diminish the Groups productivity and have a material adverse impact on its results of operations.
All TOTAL entities monitor legal and regulatory developments in order to remain in compliance with local and international rules and standards for the assessment and management of industrial and environmental risks. With regard to the permanent shutdown of an activity, the Groups environmental contingencies and asset retirement obligations are addressed in the Asset retirement obligations and Provisions for environmental contingencies sections of the Groups Consolidated Balance Sheet (see Note 19 to the Consolidated Financial Statements). Future expenditures related to asset retirement obligations are accounted for in
accordance with the accounting principles described in Note 1Q to the Consolidated Financial Statements.
Laws and regulations related to climate change and its physical effects may adversely affect the Groups business.
Growing public concern in a number of countries over greenhouse gas emissions and climate change, as well as a multiplication of stricter regulations in this area, could adversely affect the Groups businesses and product sales, increase its operating costs and reduce its profitability.
More of TOTALs future production could come from unconventional sources in order to help meet the worlds growing demand for energy. Since the energy intensity of oil and gas production from unconventional sources can be higher than that of production from conventional sources, the CO2 emissions produced by the Groups activities may increase. Therefore, TOTAL may need to incur additional costs related to certain projects. For information concerning the regulation of CO2 emission allowances in Europe, see Item 4 C. Other Matters 3.3.1. European Union CO2 emission allowances.
Finally, TOTALs businesses operate in varied locales where the potential physical impacts of climate change, including changes in weather patterns, are highly uncertain and may adversely impact the results of the Groups operations.
TOTAL faces foreign exchange risks that could adversely affect its results of operations.
The Group faces foreign exchange risks because a large percentage of its revenues and cash receipts are denominated in dollars, the international currency of petroleum sales, while a significant portion of its operating expenses and income taxes accrue in euros and other currencies. Movements between the dollar and euro or other currencies may adversely affect the Groups business by negatively impacting its booked revenues and income, and may also result in significant translation adjustments that impact its shareholders equity as the Groups financial statements are presented in dollars.
The Group is exposed to trading risks that could adversely affect its business.
TOTALs trading business is particularly sensitive to market risk and more specifically to price risk as a consequence of the volatility of oil prices, to liquidity risk (inability to buy or sell oil cargoes at quoted prices) and to performance risk (counterparty does not fulfill its contractual obligations). The Group uses various instruments such as futures, forwards, swaps and options on organized markets or over-the-counter markets to hedge against fluctuations in the price of crude oil, refined products, natural gas, power, coal, emissions and freight-rates. Although TOTAL believes it has established appropriate risk management procedures, large market fluctuations may adversely affect the Groups business and results of operations and make it more difficult to optimize revenues from the Groups oil and gas production and to obtain favorable pricing to supply the Groups refineries.
Disruption of the Groups critical IT services or breaches of information security could adversely affect its operations.
The businesses of the Group depend heavily on the reliability and security of its information technology (IT) systems. If the integrity of the IT systems were compromised due to, for example, technical failure, or cyber attack, the Groups business operations and assets could sustain serious damage, material intellectual property could be divulged and, in some cases, personal injury, environmental harm and regulatory violations could occur, potentially having a material adverse effect on the Groups results of operations, including profits.
TOTALs IT department has developed and distributed governance and security rules that describe the recommended infrastructure, organization and procedures to maintain information systems that are appropriate to the organizations needs and to limit information security risks. These rules are implemented across the Group under the responsibility of the various business segments.
TOTAL has activities in certain countries that are targeted by economic sanctions under relevant U.S. and EU laws, and if the Groups activities are not conducted in accordance with the relevant conditions, TOTAL could be sanctioned or otherwise penalized.
Various members of the international community have targeted certain countries, including Cuba, Iran, Sudan, Syria and Russia, with economic sanctions and other restrictive measures. This section focuses on certain U.S. and European restrictions relevant to the Group. For certain disclosure concerning the Groups limited activities or presence in certain targeted countries, refer to Item 4 C. Other Matters 8. Cuba, Iran and Syria.
The United States has adopted various laws and regulations designed to restrict trade with Cuba, Iran, Sudan and Syria, and the U.S. Department of State has identified these countries as state sponsors of terrorism. The European Union (EU) has similar restrictions with respect to Iran and Syria. Since mid-2014, both the United States and the EU have adopted economic sanctions against various persons and entities in Russia in response to the situation in Ukraine. A violation by the Group of applicable laws or regulations could result in criminal and material financial penalties.
The U.S. Treasury Departments Office of Foreign Assets Control (referred to as OFAC) administers and enforces economic sanctions programs against the countries identified as state sponsors of terrorism, as well as other targeted countries, territories, entities and individuals, including those engaged in activities related to terrorism or the proliferation of weapons of mass destruction and other threats to the national security, foreign policy or economy of the United States. The activities that are restricted depend on the details of each particular sanctions program. Civil and criminal penalties, which are imposed on a per transaction basis for apparent violations, can be substantial. These OFAC sanctions apply to U.S. persons, activities taking place in the United States, and activities that are otherwise subject to U.S. jurisdiction.
TOTAL continues to closely monitor the possible impacts on all of its activities of the different economic sanctions regimes. TOTAL does not believe that its activities in targeted countries are in violation of applicable international economic sanctions administered by the United States, the European Union and other members of the international community. TOTAL cannot assure that current or future regulations or developments related to economic sanctions will not have a negative impact on its business or reputation.
Set forth below is additional information concerning U.S. and EU restrictions adopted against Iran, Syria and Russia.
Restrictions against Iran
With respect to Iran, the United States has adopted a number of measures since 1996 that provide for the possible imposition of sanctions against non-U.S. companies engaged in certain activities in and with Iran, including in Irans energy sector. The United States first adopted legislation in 1996 authorizing sanctions against non-U.S. companies doing business in Iran and Libya (the Iran and Libya Sanctions Act, referred to as ILSA). In 2006, ILSA was amended to concern only business in Iran (then renamed the Iran Sanctions Act, referred to as ISA). Pursuant to ISA, which has been amended and expanded since 1996, the
President of the United States is authorized to initiate an investigation into the activities of non-U.S. companies in Irans energy sector and to impose sanctions against persons found, amongst other activities, to have knowingly made investments of $20 million or more in Irans petroleum sector in any 12-month period. In May 1998, the U.S. government waived the application of ISA sanctions for TOTALs investment in the South Pars gas field. This waiver, which has not been modified since it was granted, does not address any of TOTALs other activities in Iran. In each of the years between the passage of ILSA and 2007, TOTAL made investments in Iran in excess of $20 million (excluding the investments made as part of the development of South Pars). These investments will not be sanctioned by the U.S. authorities, provided that TOTAL meets certain commitments pursuant to a determination made by U.S. authorities under a Special Rule on September 30, 2010, as further described below. Since 2008, TOTALs position in Iran essentially has consisted of being reimbursed for its past investments as part of buyback contracts signed between 1995 and 1999 with respect to permits on which the Group is no longer the operator. Since 2011, TOTAL has had no production in Iran.
ISA was amended in July 2010 by the Comprehensive Iran Sanctions, Accountability and Divestment Act of 2010 (CISADA), which expanded both the list of activities with Iran that could lead to sanctions and the list of restrictive measures available. TOTAL had already discontinued potentially sanctionable sales of refined petroleum products to Iran prior to CISADAs enactment. On September 30, 2010, the U.S. State Department announced that the U.S. government, pursuant to the Special Rule provision of ISA added by CISADA that allows it to avoid making a determination of sanctionability under ISA with respect to any party that provides certain assurances, would not make such a determination with respect to TOTAL. The U.S. State Department further indicated that, as long as TOTAL acts in accordance with its commitments, TOTAL will not be regarded as a company of concern for its past Iran-related activities.
Since the applicability of the Special Rule to TOTAL was announced by the U.S. State Department, the United States has imposed a number of additional measures targeting activities in Iran. TOTAL does not conduct activities that it believes would be sanctionable under these measures.
The Iran Threat Reduction and Syria Human Rights Act of 2012 (ITRA) added Section 13(r) to the Securities Exchange Act of 1934, as amended (U.S. Exchange Act), which requires TOTAL to disclose whether it or any of its affiliates has engaged during the calendar year in certain Iran-related activities, including those targeted under ISA, without regard to whether such activities are sanctionable under ISA, and any transaction or dealing with the Government of Iran that is not conducted pursuant to a specific authorization of the U.S. government (refer to Item 4 8.1. Iran, below). For any annual report that contains responsive Section 13(r) disclosure, an Iran Notice must be separately filed with the United States Securities and Exchange Commission (SEC). The SEC must notify the President and U.S. Congress, and the President must initiate an investigation and make a sanctions determination within 180 days after initiating the investigation. TOTAL believes that its Iran-related activities required to be disclosed by Section 13(r) are not sanctionable, and TOTAL has not been informed that it is at risk of possible imposition of sanctions for activities previously disclosed.
Moreover, many U.S. states have adopted legislation with respect to Iran requiring, in certain conditions, state pension funds to divest themselves of securities in any company with active business operations in Iran and state contracts not to be awarded
to such companies. State insurance regulators have adopted similar initiatives relating to investments by insurance companies in companies doing business with the Iranian oil and gas, nuclear and defense sectors. If TOTALs presence in Iran were determined to fall within the prohibited scope of these laws, and TOTAL were not to qualify for any available exemptions, certain U.S. institutions holding interests in TOTAL may be required to sell their interests. If significant, sales of securities resulting from such laws and/or regulatory initiatives could have an adverse effect on the prices of TOTALs securities.
The EU has also adopted sanctions measures with regard to Iran, including a set of restrictive measures adopted in July and October 2010. Among other things, the supply of key equipment and technology in the following sectors of the oil and gas industry in Iran are prohibited: refining, liquefied natural gas (LNG), exploration and production. The prohibition extends to technical assistance, training and financial assistance in connection with such items. Extension of loans or credit to, acquisition of shares in, entry into joint ventures with or other participation in enterprises in Iran (or Iranian-owned enterprises outside of Iran) engaged in any of the targeted sectors also is prohibited. Moreover, with respect to restrictions on transfers of funds and on financial services, any transfer of at least €400,000 or equivalent to or from an Iranian individual or entity shall require a prior authorization of the competent authorities of the EU Member States. TOTAL conducts its activities in compliance with these EU measures.
On January 23, 2012, the Council of the EU prohibited the purchase, import and transport of Iranian oil and petroleum and petrochemical products by European persons and by entities constituted under the laws of an EU Member State. Prior to that date, TOTAL had ceased these now-prohibited activities.
TOTAL continues to closely monitor the Joint Plan of Action announced late 2013 among Iran and the P5+1 countries (China, France, Russia, the United Kingdom and the United States, as well as Germany) regarding limits on Irans nuclear activities and the suspension of certain United States and EU sanctions regarding Iran. Negotiations between Iran and the P5+1 were extended in November 2014 and are ongoing.
Restrictions against Syria
With respect to Syria, the EU adopted measures in May 2011 that prohibit the supply of certain equipment to Syria, as well as certain financial and asset transactions with respect to a list of named individuals and entities. These measures apply to European persons and to entities constituted under the laws of an EU Member State. In September 2011, the EU adopted further measures, including, notably, a prohibition on the purchase, import or transportation from Syria of crude oil and petroleum products. Since early September 2011, the Group ceased to purchase hydrocarbons from Syria. On December 1, 2011, the EU extended sanctions against, among others, three state-owned Syrian oil firms, including General Petroleum Corporation, TOTALs co-contracting partner in the production sharing agreement signed in 1988 (Deir Ez Zor licence) and the Tabiyeh contract. The United States also has various measures regarding Syria. Since early December 2011, the Group has ceased its activities that contributed to oil and gas production in Syria.
Restrictions against Russia
Since July 2014, members of the international community have adopted economic sanctions against certain Russian persons and entities, including various entities operating in the financial, energy and defense sectors, in response to the situation in Ukraine.
Among other things, OFAC has adopted economic sanctions targeting OAO Novatek, a Russian company listed on the Moscow Interbank Currency Exchange and the London Stock Exchange in which the Group held an 18.24% interest as of December 31, 2014 through its subsidiary TOTAL E&P Holdings Russia, and entities in which OAO Novatek (individually or with other similarly targeted persons or entities collectively) owns an interest of at least 50%. The OFAC sanctions applicable to OAO Novatek prohibit U.S. persons from transacting in, providing financing for or otherwise dealing in debt issued after July 16, 2014 of greater than 90 days maturity, including OAO Yamal LNG, which is jointly-owned by OAO Novatek (60%), TOTAL E&P Yamal (20%) and CNODC (20%), a subsidiary of CNPC. Consequently, the use of the U.S. dollar for such financing is effectively prohibited.
In order to comply with these sanctions, the financing plan for the Yamal LNG project is being reviewed, and the projects partners are engaged in efforts to develop a financing plan in line with the applicable regulations.
TOTAL continues to closely monitor the different international economic sanctions with respect to its activities in Russia. Within this framework, the Group is filing the requests for prior authorizations required by EU restrictive measures concerning technical assistance, brokering services, financing and financial assistance related to certain technologies. The Treasury Department of the French Ministry of Finance, the competent authority on the subject, issued authorizations specifically for the projects of Yamal LNG, Kharyaga and Termokarstovoye. The United States has also imposed export controls and restrictions on the export of goods, services, and technologies for use in certain Russian energy projects that may affect TOTALs activities in Russia.
As of December 31, 2014, the Group held 19% of its proved reserves in Russia.
ITEM 4. INFORMATION ON THE COMPANY
A. HISTORY AND DEVELOPMENT
TOTAL S.A., a French société anonyme (limited liability company) incorporated in France on March 28, 1924, is, together with its subsidiaries and affiliates, the fourth largest publicly-traded integrated international oil and gas company(1).
With operations in more than 130 countries, TOTAL is engaged in every sector of the oil industry, including upstream (hydrocarbon exploration, development and production) and downstream (refining, petrochemicals, specialty chemicals, trading and shipping of crude oil and petroleum products and marketing). TOTAL also operates in the power generation and renewable energy sectors.
TOTAL began its Upstream operations in the Middle East in 1924. Since then, the Company has grown and expanded its operations worldwide. In early 1999, the Company acquired control of PetroFina S.A. (hereafter referred to as PetroFina or
Fina) and, in early 2000, the Company acquired control of Elf Aquitaine S.A. (hereafter referred to as Elf Aquitaine or Elf). For information concerning the Groups principal capital expenditures and divestitures, see Item 4 B. Business Overview 5. Investments, Item 5 C. Results 2012-2014 and Item 5 D. Liquidity and Capital Resources.
The Companys corporate name is TOTAL S.A. Its registered office is 2, place Jean Millier, La Défense 6, 92400 Courbevoie, France. Its telephone number is +33 (0)1 47 44 45 46.
TOTAL S.A. is registered in France at the Nanterre Trade Register under the registration number 542 051 180. The length of the life of the Company is 99 years from March 22, 2000, unless it is dissolved or extended prior to such date.
B. BUSINESS OVERVIEW
TOTAL provides energy-related products and services to customers around the world by discovering, producing and transforming oil and gas, as well as other natural resources (solar and biomass).
The Groups goal is to be a global, integrated energy company a leading international oil company and a world-class operator in gas, petrochemicals, solar energy and, tomorrow, biomass. To realize this goal, TOTAL leverages its integrated business model, which enables it to capture synergies between the different business segments of the Group. Together, TOTALs commitments to ethical practices, safety and corporate social responsibility form a shared foundation allowing the achievement of four strategic objectives:
driving profitable, sustainable growth in exploration and production;
developing competitive, top-tier refining and petrochemical complexes;
responding to customer needs by delivering innovative solutions; and
consolidating the Groups leadership in solar energy and continuing to explore biomass, in order to offer the most appropriate energy solutions.
At the core of TOTALs strategy is a strong belief that energy is vital, drives progress and must be made available to everyone. Energy is a precious resource that must be used wisely.
The Group is helping to produce the growing amount of energy that people around the planet need to live and thrive, while ensuring that its operations consistently deliver economic, social and environmental benefits. TOTAL is meeting this challenge with and for its fellow employees, its stakeholders and the local communities, in ways that exceed what is generally expected.
Respect, responsibility and exemplary behavior are the values that underpin TOTALs Code of Conduct. It is through strict adherence to these core values and fundamental principles that TOTAL will be able to build strong and sustainable growth for the Group and its stakeholders.
(1)
Based on market capitalization (in dollars) as of December 31, 2014.
TOTALs worldwide operations in 2014 were conducted through three business segments: Upstream, Refining & Chemicals and Marketing & Services. The table below gives information on the
geographic breakdown of TOTALs activities and is taken from Note 5 to the Consolidated Financial Statements included elsewhere herein.
(M$)
France
Rest of Europe
North America
Africa
Rest of world
Total
2014
Non-Group sales
51,471
114,747
23,766
23,281
22,857
236,122
Property, plant and equipment, intangible assets, net
4,350
25,137
16,064
41,405
34,602
121,558
Capital expenditures
1,266
5,880
3,658
9,798
9,907
30,509
2013
Non-Group sales
57,650
128,661
22,332
23,146
19,936
251,725
Property, plant and equipment, intangible assets, net
6,251
26,840
19,588
37,847
32,349
122,875
Capital expenditures
1,772
6,289
4,157
10,705
11,508
34,431
2012
Non-Group sales
59,077
133,439
22,675
23,025
18,821
257,037
Property, plant and equipment, intangible assets, net
6,017
23,349
20,082
32,983
26,011
108,442
Capital expenditures
2,041
5,660
4,045
9,346
8,383
29,475
2.
UPSTREAM SEGMENT
TOTALs Upstream segment includes the activities of Exploration & Production and Gas & Power(1). The Group has exploration and production activities in more than fifty countries and produces oil or gas in approximately thirty countries. Gas & Power conducts activities downstream from production related to natural gas, liquefied natural gas (LNG) and liquefied petroleum gas (LPG), as well as power generation and trading, and other activities.
2.1.
Exploration & Production
2.1.1.
Exploration and development
TOTALs Exploration & Production activities aim at continuing to combine long-term growth and profitability at the level of the best actors of the industry.
TOTAL evaluates exploration opportunities based on a variety of geological, technical, political, economic (including taxes and license terms), environmental and societal factors and on projected oil and gas prices. Discoveries of new fields and extensions of existing fields have brought an additional 2,446 Mboe to the Upstream segments proved reserves during the 3-year period ended December 31, 2014 (before deducting production and sales of reserves in place and adding any acquisitions of reserves in place during this period). The net level of revisions during this 3-year period is +181 Mboe, which was due to the overall positive revisions in field behaviors partially offset by the negative impacts of the increase of bitumen price in Canada (from $50.4/b in 2013 to $60.3/b in 2014 for Synbit), the increase in U.S. onshore gas price (from 2011 ($4.21/MBtu) to 2012 ($2.85/MBtu) for Henry Hub) and a perimeter change in two projects.
In 2014, the exploration investments of consolidated subsidiaries amounted to $2,608 million (excluding exploration bonuses), primarily in Angola, Brazil, Norway, South Africa, Iraq, Malaysia, Côte dIvoire, Indonesia and Libya. Exploration investments of consolidated subsidiaries amounted to $2,926 million in 2013 and $2,701 million in 2012. For 2015, the exploration budget has been reduced to $1.9 billion to reflect the new market environment.
The Groups consolidated Exploration & Production subsidiaries organic(2) investments amounted to $23 billion in 2014, primarily in Angola, Norway, Australia, Canada, Nigeria, the Republic of the Congo, Russia, the United Kingdom, Indonesia, Gabon, the United
States and Kazakhstan. The Groups consolidated Exploration & Production subsidiaries organic investments amounted to $24 billion in 2013 and $20 billion in 2012.
2.1.2.
Reserves
The definitions used for proved, proved developed and proved undeveloped oil and gas reserves are in accordance with the United States Securities & Exchange Commission (SEC) Rule 4-10 of Regulation S-X as amended by the SEC Modernization of Oil and Gas Reporting release issued on December 31, 2008. Proved reserves are estimated using geological and engineering data to determine with reasonable certainty whether the crude oil or natural gas in known reservoirs is recoverable under existing regulatory, economic and operating conditions.
TOTALs oil and gas reserves are consolidated annually, taking into account, among other factors, levels of production, field reassessments, additional reserves from discoveries and acquisitions, disposal of reserves and other economic factors.
Unless otherwise indicated, any reference to TOTALs proved reserves, proved developed reserves, proved undeveloped reserves and production reflects the Groups entire share of such reserves or such production. TOTALs worldwide proved reserves include the proved reserves of its consolidated subsidiaries as well as its proportionate share of the proved reserves of equity affiliates.
For further information concerning changes in TOTALs proved reserves for the years ended December 31, 2014, 2013 and 2012, refer to Supplemental Oil and Gas Information (Unaudited).
The reserves estimation process involves making subjective judgments. Consequently, estimates of reserves are not exact measurements and are subject to revision under well-established control procedures.
10
TOTAL S.A. Form 20-F 2014
(1)
Effective July 1, 2012, the Upstream segment no longer includes the activities of New Energies, which are now reported with Marketing & Services. As a result, certain information has been restated according to the new organization.
(2)
For Exploration & Production, organic investments include exploration investments, net development investments and net financial investments.
The reserves booking process requires, among other things:
internal peer reviews of technical evaluations to ensure that the SEC definitions and guidance are followed; and
that management makes significant funding commitments towards the development of the reserves prior to booking.
For further information regarding the preparation of reserves estimates, see Supplemental Oil and Gas Information (Unaudited).
2.1.3.
Proved reserves for years 2014, 2013 and 2012
In accordance with the amended Rule 4-10 of Regulation S-X, proved reserves at December 31 are calculated using a 12-month average price determined as the unweighted arithmetic average of the first-day-of-the-month price for each month of the relevant year unless prices are defined by contractual arrangements, excluding escalations based upon future conditions. The reference prices for 2014, 2013 and 2012 were, respectively, $101.27/b, $108.02/b and $111.13/b for Brent crude.
As of December 31, 2014, TOTALs combined proved reserves of oil and gas were 11,523 Mboe (50% of which were proved developed reserves). Liquids (crude oil, condensates, natural gas liquids and bitumen) represented approximately 46% of these reserves and natural gas the remaining 54%. These reserves were located in Europe (mainly in Norway and the United Kingdom), in Africa (mainly in Angola, Gabon, Nigeria and the Republic of the Congo), in the Americas (mainly in Canada, Argentina, the United States and Venezuela), in the Middle East (mainly in Qatar, the United Arab Emirates and Yemen), and in Asia (mainly in Australia, Kazakhstan and Russia).
As of December 31, 2013, TOTALs combined proved reserves of oil and gas were 11,526 Mboe (49% of which were proved developed reserves). Liquids (crude oil, condensates, natural gas liquids and bitumen) represented approximately 47% of these reserves and natural gas the remaining 53%.
As of December 31, 2012, TOTALs combined proved reserves of oil and gas were 11,368 Mboe (51% of which were proved developed reserves). Liquids (crude oil, condensates, natural gas liquids and bitumen) represented approximately 50% of these reserves and natural gas the remaining 50%.
2.1.4.
Sensitivity to oil and gas prices
Changes in the price used as a reference for the proved reserves estimation result in non-proportionate inverse changes in proved reserves associated with production sharing and risked service contracts (which together represent approximately 21% of TOTALs reserves as of December 31, 2014). Under such contracts, TOTAL is entitled to a portion of the production, the sale of which is meant to cover expenses incurred by the Group. As oil prices increase, fewer barrels are necessary to cover the same amount of expenses. Moreover, the number of barrels recoverable under these contracts may vary according to criteria such as cumulative production, the rate of return on investment or the income-cumulative expenses ratio. This decrease is partly offset by an extension of the duration over which fields can be produced economically. However, the increase in reserves due to extended field life resulting from higher prices is generally less than the decrease in reserves under production sharing or risked service contracts due to such higher prices. As a result, higher prices usually lead to a decrease in TOTALs reserves.
Furthermore, changes in the reference price per barrel used for the proved reserves estimation have an impact on the volume of royalties in Canada and thus TOTALs share of proved reserves.
Lastly, for any type of contract, a significant decrease of the reference price of petroleum products may involve a reduction of proved reserves.
2.1.5.
Production
For the full year 2014, average daily oil and gas production was 2,146 kboe/d compared to 2,299 kboe/d in 2013 and 2,300 kboe/d in 2012. Liquids accounted for approximately 48% and natural gas for approximately 52% of TOTALs combined liquids and natural gas production in 2014.
The tables on the next pages set forth by geographic area TOTALs annual and average daily production of liquids and natural gas for each of the last three years.
Consistent with industry practice, TOTAL often holds a percentage interest in its fields rather than a 100% interest, with the balance being held by joint venture partners (which may include other international oil companies, state-owned oil companies or government entities). TOTALs entities frequently act as operator (the party responsible for technical production) on acreage in which it holds an interest. See the table Presentation of production activities by geographic area on the following pages for a description of TOTALs producing assets.
As in 2013 and 2012, substantially all of the liquids production from TOTALs Upstream segment in 2014 was marketed by the Trading & Shipping division of TOTALs Refining & Chemicals segment (see the table Tradings crude oil sales and supply and refined products sales in 3.2.1. Trading & Shipping, below).
The majority of TOTALs natural gas production is sold under long-term contracts. However, its North American production, and part of its production from the United Kingdom, Norway and Argentina, is sold on the spot market. The long-term contracts under which TOTAL sells its natural gas usually provide for a price related to, among other factors, average crude oil and other petroleum product prices, as well as, in some cases, a cost-of-living index. Though the price of natural gas tends to fluctuate in line with crude oil prices, a slight delay may occur before changes in crude oil prices are reflected in long-term natural gas prices. Due to the interaction between the contract price of natural gas and crude oil prices, contract prices are not usually affected by short-term market fluctuations in the spot price of natural gas.
Some of TOTALs long-term contracts, notably in Indonesia, Nigeria, Norway, Qatar, Thailand and Yemen, specify the delivery of quantities of natural gas that may or may not be fixed and determinable. Such delivery commitments vary substantially, both in duration and in scope, from contract to contract throughout the world. For example, in some cases, contracts require delivery of natural gas on an as-needed basis, and, in other cases, contracts call for the delivery of varied amounts of natural gas over different periods of time. Nevertheless, TOTAL estimates the fixed and determinable quantity of gas to be delivered over the period 2015-2017 to be 3,782 Bcf. The Group expects to satisfy most of these obligations through the production of its proved reserves of natural gas, with, if needed, additional sourcing from spot market purchases (refer to Supplemental Oil and Gas Information (Unaudited)).
The table below sets forth, by country, the producing assets of the Groups entities, the year in which the activities commenced, the interest held in each asset and whether a Group entity is operator of the asset.
TOTALs producing assets as of December 31, 2014(a)