falsedesktopTOT2015-12-31000119312516506029{"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\t10\n\tOther Matters\t44\nItem 4A.\tUnresolved Staff Comments\t73\nItem 5.\tOperating and Financial Review and Prospects\t73\nItem 6.\tDirectors Senior Management and Employees\t84\n\tDirectors and Senior Management\t84\n\tCompensation\t93\n\tCorporate Governance\t111\n\tEmployees and Share Ownership\t124\nItem 7.\tMajor Shareholders and Related Party Transactions\t128\nItem 8.\tFinancial Information\t131\nItem 9.\tThe Offer and Listing\t134\nItem 10.\tAdditional Information\t135\nItem 11.\tQuantitative and Qualitative Disclosures About Market Risk\t147\nItem 12.\tDescription of Securities Other than Equity Securities\t148\nItem 13.\tDefaults Dividend Arrearages and Delinquencies\t149\nItem 14.\tMaterial Modifications to the Rights of Security Holders and Use of Proceeds\t149\nItem 15.\tControls and Procedures\t149\nItem 16A.\tAudit Committee Financial Expert\t155\nItem 16B.\tCode of Ethics\t155\nItem 16C.\tPrincipal Accountant Fees and Services\t155\nItem 16D.\tExemptions from the Listing Standards for Audit Committees\t156\nItem 16E.\tPurchases of Equity Securities by the Issuer and Affiliated Purchasers\t156\nItem 16F.\tChange in Registrant's Certifying Accountant\t156\nItem 16G.\tCorporate Governance\t157\nItem 16H.\tMine Safety Disclosure\t159\nItem 17.\tFinancial Statements\t159\nItem 18.\tFinancial Statements\t159\nItem 19.\tExhibits\t160\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= 5390 cf of gas in 2015(a) (5400 cf in 2014 and 5403 cf in 2013)\n1 b/d of crude oil\t= approximately 50 t/y of crude oil\t\n1 Bcm/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)\t2015\t\t2014\t2013\t2012\t2011\nINCOME STATEMENT DATA\t\t\t\t\t\t\nRevenues from sales\t143421\t\t212018\t227969\t234216\t231830\nNet income Group share\t5087\t\t4244\t11228\t13648\t17400\nEarnings per share\t2.17\t\t1.87\t4.96\t6.05\t7.74\nFully diluted earnings per share\t2.16\t\t1.86\t4.94\t6.02\t7.71\nCASH FLOW STATEMENT DATA\t\t\t\t\t\t\nCash flow from operating activities\t19946\t\t25608\t28513\t28858\t27193\nTotal expenditures\t28033\t\t30509\t34431\t29475\t34161\nBALANCE SHEET DATA\t\t\t\t\t\t\nTotal assets\t224484\t\t229798\t239223\t225886\t211793\nNon-current financial debt\t44464\t\t45481\t34574\t29392\t29186\nNon-controlling interests\t2915\t\t3201\t3138\t1689\t1749\nShareholders' equity - Group share\t92494\t\t90330\t100241\t93969\t86667\nCommon shares\t7670\t\t7518\t7493\t7454\t7447\nDIVIDENDS\t\t\t\t\t\t\nDividend per share (euros)\t€2.44\t(b)\t€2.44\t€2.38\t€2.34\t€2.28\nDividend per share (dollars)\t2.67\t(b)(c)\t2.93\t3.24\t3.05\t2.97\nCOMMON SHARES(d)\t\t\t\t\t\t\nAverage number outstanding of common shares €2.50 par value (shares undiluted)\t2295037940\t\t2272859512\t2264349795\t2255801563\t2247479529\nAverage number outstanding of common shares €2.50 par value (shares diluted)\t2304435542\t\t2281004151\t2271543658\t2266635745\t2256951403\n", "q10k_tbl_3": "Year\tAverage Rate\n2011\t1.3920\n2012\t1.2848\n2013\t1.3281\n2014\t1.3285\n2015\t1.1095\n", "q10k_tbl_4": "Period\tHigh\tLow\nSeptember 2015\t1.1419\t1.1138\nOctober 2015\t1.1439\t1.0930\nNovember 2015\t1.1032\t1.0579\nDecember 2015\t1.0990\t1.0600\nJanuary 2016\t1.0920\t1.0742\nFebruary 2016\t1.1347\t1.0884\nMarch 2016(a)\t1.1119\t1.0856\n", "q10k_tbl_5": "Market impact environment 2016(a)\tScenario retained\tChange\tEstimated impact on adjusted net operating income\tEstimated impact on cash flow from operations\nBrent\t50 $/b\t-10 $/b\t-2 B$\t-2 B$\nEuropean refining margin indicator (ERMI)\t35 $/t\t-10 $/t\t-0.5 B$\t-0.6 B$\n/€\t1.0 $/€\t+0.1 $ per €\t-0.15 B$\t-0.1 B$\n", "q10k_tbl_6": "(M$)\tFrance\tRest of Europe\tNorth America\tAfrica\tRest of world\tTotal\n2015\t\t\t\t\t\t\nNon-Group sales\t36536\t79463\t14857\t17612\t16889\t165357\nProperty plant and equipment intangible assets net\t4123\t22354\t17169\t43536\t36885\t124067\nCapital expenditures\t980\t4783\t3493\t9154\t9623\t28033\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\n", "q10k_tbl_7": "\t2015\t\t\t2014\t\t\t2013\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\t198\t247\t247\t191\t253\t240\t194\t255\t245\nAlgeria\t3\t35\t9\t2\t29\t7\t2\t30\t8\nAngola\t86\t18\t90\t70\t20\t73\t64\t23\t68\nGabon\t20\t5\t22\t20\t5\t21\t20\t6\t22\nLibya\t5\t0\t5\t10\t0\t10\t18\t0\t18\nNigeria\t54\t178\t89\t57\t187\t94\t58\t187\t95\nThe Congo Republic of\t30\t11\t32\t32\t13\t35\t32\t10\t34\nNorth America\t18\t112\t38\t14\t104\t33\t10\t93\t27\nCanada(a)\t5\t0\t5\t4\t0\t4\t5\t0\t5\nUnited States\t13\t112\t33\t10\t104\t28\t5\t93\t22\nSouth America\t17\t215\t55\t18\t219\t57\t20\t229\t61\nArgentina\t3\t129\t26\t3\t134\t27\t5\t134\t28\nBolivia\t1\t49\t10\t1\t51\t11\t1\t47\t10\nTrinidad & Tobago\t0\t0\t0\t0\t0\t0\t1\t19\t4\nVenezuela\t13\t37\t19\t14\t34\t19\t13\t29\t18\nAsia-Pacific\t12\t471\t94\t11\t430\t87\t11\t427\t86\nAustralia\t0\t10\t1\t0\t8\t1\t0\t9\t1\nBrunei\t1\t23\t5\t1\t24\t5\t1\t22\t5\nChina\t0\t22\t4\t0\t23\t4\t0\t17\t3\nIndonesia\t8\t247\t54\t7\t217\t47\t6\t221\t48\nMyanmar\t0\t56\t7\t0\t49\t6\t0\t47\t6\nThailand\t3\t113\t23\t4\t108\t22\t4\t112\t23\nCIS\t20\t457\t106\t13\t414\t91\t12\t382\t83\nAzerbaijan\t0\t0\t0\t1\t22\t5\t2\t30\t7\nRussia\t20\t457\t106\t12\t393\t86\t10\t352\t76\nEurope\t60\t424\t137\t60\t397\t133\t61\t449\t143\nFrance\t0\t0\t0\t0\t3\t1\t0\t16\t3\nNorway\t47\t224\t88\t49\t210\t88\t50\t210\t89\nThe Netherlands\t0\t58\t10\t0\t62\t11\t0\t71\t13\nUnited Kingdom\t13\t142\t39\t11\t122\t32\t11\t152\t38\nMiddle East\t128\t283\t179\t70\t396\t143\t118\t422\t196\nUnited Arab Emirates\t100\t24\t105\t42\t22\t46\t90\t26\t95\nIraq\t7\t0\t7\t4\t0\t4\t3\t0\t3\nOman\t8\t21\t12\t9\t22\t13\t9\t24\t14\nQatar\t12\t209\t49\t12\t203\t48\t13\t204\t50\nYemen\t1\t29\t6\t3\t148\t31\t4\t168\t35\nTotal production\t453\t2209\t856\t377\t2213\t783\t426\t2257\t839\nIncluding share of equity affiliates\t81\t667\t204\t73\t726\t208\t119\t714\t251\nAngola\t0\t0\t0\t0\t4\t1\t0\t6\t1\nVenezuela\t14\t3\t14\t14\t2\t14\t13\t3\t14\nUnited Arab Emirates\t39\t18\t43\t40\t19\t43\t88\t22\t92\nOman\t8\t21\t12\t8\t22\t12\t8\t24\t13\nQatar\t3\t140\t28\t3\t139\t28\t3\t141\t28\nYemen\t0\t29\t5\t0\t147\t27\t0\t167\t31\nRussia\t17\t456\t102\t9\t392\t83\t7\t351\t72\n", "q10k_tbl_8": "\t2015\t\t\t2014\t\t\t2013\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\t542\t677\t678\t522\t693\t657\t531\t699\t670\nAlgeria\t7\t96\t25\t5\t79\t20\t5\t82\t21\nAngola\t238\t49\t248\t191\t54\t200\t175\t62\t186\nGabon\t55\t15\t59\t55\t14\t58\t55\t16\t59\nLibya\t14\t0\t14\t27\t0\t27\t50\t0\t50\nNigeria\t147\t487\t245\t156\t511\t257\t158\t511\t261\nThe Congo Republic of\t81\t30\t87\t88\t35\t95\t88\t28\t93\nNorth America\t48\t308\t103\t39\t285\t90\t28\t256\t73\nCanada(a)\t14\t0\t14\t12\t0\t12\t13\t0\t13\nUnited States\t34\t308\t89\t27\t285\t78\t15\t256\t60\nSouth America\t47\t588\t152\t50\t599\t157\t54\t627\t166\nArgentina\t8\t354\t72\t9\t367\t75\t13\t366\t78\nBolivia\t3\t133\t28\t4\t139\t30\t4\t129\t28\nTrinidad & Tobago\t0\t0\t0\t0\t0\t0\t2\t52\t12\nVenezuela\t36\t101\t52\t37\t93\t52\t35\t80\t48\nAsia-Pacific\t34\t1290\t258\t30\t1178\t238\t30\t1170\t235\nAustralia\t0\t28\t4\t0\t23\t4\t0\t25\t4\nBrunei\t3\t62\t15\t2\t66\t15\t2\t59\t13\nChina\t0\t59\t11\t0\t63\t12\t0\t46\t8\nIndonesia\t22\t676\t147\t18\t594\t130\t17\t605\t131\nMyanmar\t0\t153\t19\t0\t135\t17\t0\t129\t16\nThailand\t9\t312\t62\t10\t297\t60\t11\t306\t63\nCIS\t54\t1252\t290\t36\t1135\t249\t32\t1046\t227\nAzerbaijan\t0\t0\t0\t3\t59\t14\t5\t82\t20\nRussia\t54\t1252\t290\t33\t1076\t235\t27\t964\t207\nEurope\t161\t1161\t374\t165\t1089\t364\t168\t1231\t392\nFrance\t0\t0\t0\t0\t9\t2\t1\t45\t9\nNorway\t125\t614\t239\t135\t576\t242\t136\t575\t243\nThe Netherlands\t1\t158\t28\t1\t171\t31\t1\t195\t35\nUnited Kingdom\t35\t389\t107\t29\t333\t89\t30\t416\t105\nMiddle East\t351\t778\t492\t192\t1084\t391\t324\t1155\t536\nUnited Arab Emirates\t274\t66\t287\t115\t61\t127\t247\t71\t260\nIraq\t18\t1\t18\t12\t1\t12\t7\t1\t7\nOman\t25\t58\t36\t24\t61\t36\t24\t66\t37\nQatar\t32\t573\t134\t32\t555\t132\t36\t558\t137\nYemen\t2\t80\t17\t9\t406\t84\t10\t459\t95\nTotal production\t1237\t6054\t2347\t1034\t6063\t2146\t1167\t6184\t2299\nIncluding share of equity affiliates\t219\t1828\t559\t200\t1988\t571\t325\t1955\t687\nAngola\t0\t0\t0\t0\t10\t2\t0\t16\t3\nVenezuela\t36\t7\t37\t37\t6\t38\t35\t7\t37\nUnited Arab Emirates\t107\t50\t116\t109\t51\t118\t240\t61\t253\nOman\t24\t58\t34\t23\t61\t34\t23\t66\t35\nQatar\t7\t383\t77\t7\t381\t77\t8\t385\t78\nYemen\t0\t80\t15\t0\t404\t75\t0\t458\t84\nRussia\t45\t1250\t280\t24\t1075\t227\t19\t962\t197\n", "q10k_tbl_9": "Africa\t\t\nAlgeria 1952\t\tNon-operated: Tin Fouyé Tabankort (35.00%)\nAngola 1953\t\tOperated: Girassol Jasmim Rosa Dalia Pazflor CLOV (Block 17) (40.00%)\n\tNon-operated: Cabinda Block 0 (10.00%) Kuito BBLT Tombua-Landana (Block 14) (20.00%)(b) Lianzi (Block 14K) (10.00%)(b) Angola LNG (13.60%)\nGabon 1928\t\tOperated: Anguille (100.00%) Anguille Nord Est (100.00%) Anguille Sud-Est (100.00%) Atora (40.00%) Avocette (57.50%) 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%) Port Gentil Océan (100.00%) Tchengue (100.00%) Torpille (100.00%) Torpille Nord Est (100.00%)\n\t\tNon-operated: Rabi Kounga (47.50%)\nLibya 1959\t\tNon-operated: zones 15 16 & 32 (75.00%)(c)\nNigeria 1962\t\tOperated: OML 58 (40.00%) OML 99 Amenam-Kpono (30.40%) OML 100 (40.00%) OML 102 (40.00%) OML 130 (24.00%)\n\tNon-operated: OML 102-Ekanga (40.00%) Shell Petroleum Development Company (SPDC 10.00%) OML 118-Bonga (12.50%) OML 138 (20.00%)\nThe Congo Republic of 1968\t\tOperated: Kombi-Likalala-Libondo (65.00%) Moho Bilondo (including Moho phase 1b) (53.50%) Nkossa (53.50%) Nsoko (53.50%) Sendji (55.25%) Tchendo (65.00%) Tchibeli-Litanzi-Loussima (65.00%) Tchibouela (65.00%) Yanga (55.25%)\n\tNon-operated: Lianzi (26.75%) Loango (42.50%) Zatchi (29.75%)\nNorth America\t\t\nCanada\t\tNon-operated: Surmont (50.00%)\n1999\t\t\nUnited States 1957\t\tNon-operated: Several 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\nArgentina 1978\t\tOperated: Aguada 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%)\n\tNon-operated: Rincón de Aranda (45.00%) Sierra Chata (2.51%)\nBolivia 1995\t\tNon-operated: San Alberto (15.00%) San Antonio (15.00%) Itaú (41.00%)\nVenezuela 1980\t\tNon-operated: PetroCedeño (30.32%) Yucal Placer (69.50%)\nAsia-Pacific\t\t\nAustralia 2005\t\tNon-operated: Various fields in UJV GLNG (27.50%)(e)\nBrunei 1986\t\tOperated: Maharaja Lela Jamalulalam (37.50%)\nChina 2006\t\tNon-operated: South Sulige (49.00%)\nIndonesia 1968\t\tOperated: Bekapai (50.00%) Handil (50.00%) Peciko (50.00%) Sisi-Nubi (47.90%) South Mahakam (50.00%) Tambora (50.00%) Tunu (50.00%)\n\tNon-operated: Badak (1.05%) Nilam-gas and condensates (9.29%) Nilam-oil (10.58%) Ruby-gas and condensates (15.00%)\nMyanmar 1992\t\tOperated: Yadana (31.24%)\nThailand 1990\t\tNon-operated: Bongkot (33.33%)\n", "q10k_tbl_10": "Commonwealth of Independent States\t\nKazakhstan 1992\tNon-operated: Kashagan (16.81%)\nRussia 1991\tOperated: Kharyaga (40.00%)\n\tNon-operated: Termokastovoye (49.00%)(f) Several fields through the participation in Novatek (18.90%)\nEurope\t\nNorway 1965\tOperated: Atla (40.00%) Skirne (40.00%)\n\tNon-operated: Åsgard (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%)(g) 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 1964\tOperated: F6a (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%)\n\tNon-operated: E16a (16.92%) E17a/E17b (14.10%) J3b/J6 (25.00%) K9ab-A (22.46%) Q16a (6.49%)\nUnited Kingdom 1962\tOperated: Alwyn North (100.00%) Dunbar (100.00%) Ellon (100.00%) Forvie North (100.00%) Grant (100.00%) Jura (100.00%) Nuggets (100.00%) Elgin-Franklin (46.17%) West Franklin (46.17%) Glenelg (58.73%) Islay (94.49%)(g)\n\tNon-operated: Bruce (43.25%) Markham unitized field (7.35%) Keith (25.00%)\nMiddle East\t\nU.A.E. 1939\tOperated: Abu Dhabi-Abu Al Bukhoosh (75.00%)\n\tNon-operated: ADCO (10.00%) Abu Dhabi offshore (13.33%)(h) GASCO (15.00%) ADGAS (5.00%)\nIraq 1920\tNon-operated: Halfaya (22.5%)(i)\nOman 1937\tNon-operated: Various fields onshore (Block 6) (4.00%)(j) Mukhaizna field (Block 53) (2.00%)(k)\nQatar 1936\tOperated: Al Khalij (40.00%)\n\tNon-operated: North Field-Bloc NF Dolphin (24.50%) North Field-Qatargas 1 Downstream (10.00%) North Field-Qatargas 1 Upstream (20.00%) North Field-Qatargas 2 Train 5 (16.70%)\nYemen 1987\tOperated: Kharir/Atuf (Block 10) (28.57%)\n\tNon-operated: Various fields onshore (Block 5) (15.00%)\n", "q10k_tbl_11": "As of December 31 (in thousands of acres at year-end)\t\t2015\t\n\t\tUndeveloped acreage(a)\tDeveloped acreage\nEurope\tGross\t9585\t703\n\tNet\t4518\t149\nAfrica\tGross\t93306\t1313\n\tNet\t53154\t346\nAmericas\tGross\t23881\t984\n\tNet\t9186\t304\nMiddle East\tGross\t28032\t2189\n\tNet\t3241\t227\nAsia - CIS (excl. Russia)\tGross\t52596\t734\n\tNet\t28349\t260\nRussia\tGross\t3659\t520\n\tNet\t729\t96\nTotal\tGross\t211059\t6443\n\tNet(b)\t99177\t1382\n", "q10k_tbl_12": "As of December 31 (wells at year-end)\t\t2015\t\n\t\tGross productive wells\tNet productive wells(a)\nEurope\tOil\t386\t105\n\tGas\t283\t88\nAfrica\tOil\t2532\t624\n\tGas\t177\t49\nAmericas\tOil\t1092\t349\n\tGas\t3903\t795\nMiddle East\tOil\t7625\t510\n\tGas\t80\t16\nAsia - CIS (excl. Russia)\tOil\t140\t57\n\tGas\t2369\t815\nRussia\tOil\t207\t42\n\tGas\t516\t80\nTotal\tOil\t11982\t1687\n\tGas\t7328\t1843\n", "q10k_tbl_13": "As of December 31 (wells at year-end)\t\t2015\t\t\t2014\t\t\t2013\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\t1.0\t3.6\t4.6\t1.4\t0.2\t1.6\t1.5\t0.2\t1.7\n\tAfrica\t0.2\t2.1\t2.3\t2.0\t3.3\t5.3\t1.5\t5.1\t6.6\n\tAmericas\t1.4\t0.6\t2.0\t2.1\t0.3\t2.4\t2.9\t1.4\t4.3\n\tMiddle East\t0.3\t0.5\t0.8\t0.3\t0.3\t0.6\t0.6\t0.7\t1.3\n\tAsia - CIS (excl. Russia)\t2.0\t1.9\t3.9\t1.2\t1.1\t2.3\t1.6\t4.3\t5.9\n\tRussia\t0\t0\t0\t0\t0.3\t0.3\t0\t0\t0\n\tTotal\t4.9\t8.7\t13.6\t7.0\t5.5\t12.5\t8.1\t11.7\t19.8\nDevelopment\tEurope\t14.0\t0.4\t14.4\t8.8\t0\t8.8\t6.9\t0.3\t7.2\n\tAfrica\t21.4\t0\t21.4\t24.6\t1.0\t25.6\t19.7\t0.4\t20.1\n\tAmericas\t60.6\t0.1\t60.7\t128.1\t0.2\t128.3\t98.0\t0\t98.0\n\tMiddle East\t36.6\t0.6\t37.2\t36.1\t0.2\t36.3\t42.7\t0.3\t43.0\n\tAsia - CIS (excl. Russia)\t88.6\t0\t88.6\t106.2\t0.5\t106.7\t184.2\t0\t184.2\n\tRussia\t22.9\t0\t22.9\t28.8\t0.8\t29.6\t13.8\t0\t13.8\n\tTotal\t244.1\t1.1\t245.2\t332.6\t2.7\t335.3\t365.3\t1.0\t366.3\nTotal\t\t249.0\t9.8\t258.8\t339.6\t8.2\t347.8\t373.4\t12.7\t386.1\n", "q10k_tbl_14": "As of December 31 (wells at year-end)\t\t2015\t\n\t\tGross\tNet(a)\nExploratory\tEurope\t5\t1.6\n\tAfrica\t25\t7.3\n\tAmericas\t14\t4.6\n\tMiddle East\t8\t2.5\n\tAsia - CIS (excl. Russia)\t11\t3.4\n\tRussia\t0\t0\n\tTotal\t63\t19.4\nOther wells(b)\tEurope\t38\t13.6\n\tAfrica\t56\t14.9\n\tAmericas\t63\t22.4\n\tMiddle East\t158\t20.5\n\tAsia - CIS (excl. Russia)\t642\t191.7\n\tRussia\t113\t17.4\n\tTotal\t1070\t280.5\nTotal\t\t1133\t299.9\n", "q10k_tbl_15": "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\t15.38\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\nTSB\tArgentina-Brazil border (TGM)\tUruguyana (Brazil)\t25.00\t\t\t\tx\nPorto Alegre\tCanoas\t\t\t\t\nASIA-PACIFIC\t\t\t\t\t\t\t\nAustralia\t\t\t\t\t\t\t\nGLNG\tFairview Roma Scotia Arcadia\tGLNG (Curtis Island)\t27.50\t\t\t\tx\nMyanmar\t\t\t\t\t\t\t\nYadana\tYadana field\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\nDolphin\tNorth Field (Qatar)\tTahweelah-Fujairah-Al Ain (United Arab Emirates)\t24.50\t\t\t\tx\n", "q10k_tbl_16": "As of December 31(kb/d)\t2015\t2014\t2013\nNine refineries operated by Group companies\t\t\t\nNormandy - Gonfreville (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%) and BTP (40%)(b)\t198\t169\t169\nSubtotal\t1799\t1770\t1770\nOther refineries in which the Group has equity stakes(c)\t448\t417\t272\nTotal\t2247\t2187\t2042\n", "q10k_tbl_17": "(kb/d)\t2015\t2014\t2013\nGasoline\t346\t344\t340\nAviation fuel(b)\t172\t148\t146\nDiesel and heating oils\t812\t787\t739\nHeavy fuels\t129\t134\t133\nOther products\t387\t329\t322\nTotal\t1846\t1742\t1680\n", "q10k_tbl_18": "On crude and other feedstock(a)(b)\t2015\t2014\t2013\nFrance\t81%\t77%\t78%\nRest of Europe\t94%\t88%\t87%\nAmericas\t115%\t106%\t100%\nAsia and the Middle East\t75%\t50%\t75%\nAfrica\t84%\t77%\t78%\nAverage\t89%\t81%\t84%\n", "q10k_tbl_19": "\t2015\t\t\t\t2014\t2013\nAs of December 31 (in thousands of tons)\tEurope\tNorth America\tAsia and Middle East(a)\tWorldwide\tWorldwide\tWorldwide\nOlefins(b)\t4384\t1525\t1525\t7433\t7791\t7654\nAromatics(c)\t2903\t1512\t2368\t6783\t6773\t5635\nPolyethylene\t1120\t445\t773\t2338\t2338\t2289\nPolypropylene\t1350\t1200\t400\t2950\t2950\t2895\nPolystyrene\t637\t700\t408\t1745\t1805\t1530\nOther(d)\t0\t0\t63\t63\t63\t63\nTotal\t10394\t5382\t5536\t21312\t21720\t20065\n", "q10k_tbl_20": "(kb/d)\t2015\t2014\t2013\nGroup's worldwide liquids production\t1237\t1034\t1167\nPurchased from Exploration & Production\t935\t791\t916\nPurchased from external suppliers\t2336\t2227\t1994\nTotal of Trading's crude supply\t3271\t3018\t2910\nSales to Refining & Chemicals and Marketing & Services segments\t1668\t1520\t1556\nSales to external customers\t1603\t1498\t1354\nTotal of Trading's crude sales\t3271\t3018\t2910\nPetroleum product sales by Trading\t1961\t1854\t1628\n", "q10k_tbl_21": "(kb/d)\t2015\t2014\t2013\nEurope\t1092\t1100\t1139\nFrance\t541\t547\t575\nEurope excluding France\t551\t553\t564\nAfrica\t423\t380\t326\nMiddle East\t85\t77\t54\nAsia-Pacific(a)\t148\t134\t144\nAmericas\t70\t78\t86\n", "q10k_tbl_22": "As of December 31\t2015\t2014\t2013\nEurope(a)\t8391\t8557\t8875\nof which France(b)\t3667\t3727\t3813\nof which TotalErg\t2608\t2749\t3017\nAfrica\t4058\t3991\t3726\nMiddle East\t816\t796\t770\nAsia-Pacific(c)\t1531\t1033\t1011\nAmericas\t464\t452\t438\nAS24 network (dedicated to heavy duty vehicles)\t763\t740\t731\nTotal\t16023\t15569\t15551\n", "q10k_tbl_23": "Gross investments(a) (M$)\t2015\t2014\t2013\nUpstream\t24270\t26520\t29750\nRefining & Chemicals\t1843\t2022\t2708\nMarketing & Services\t1841\t1818\t1814\nCorporate\t79\t149\t159\nTotal\t28033\t30509\t34431\nNet investments(b) (M$)\t2015\t2014\t2013\nUpstream\t21055\t20756\t21866\nRefining & Chemicals\t(1645)\t1830\t2346\nMarketing & Services\t896\t1476\t1570\nCorporate\t54\t78\t97\nTotal\t20360\t24140\t25879\n(M$)\t2015\t2014\t2013\nAcquisitions\t3441\t2539\t4473\nDivestments\t5968\t4650\t4750\nOther operations with non-controlling interests\t89\t179\t2153\nOrganic investments(c) (M$)\t2015\t2014\t2013\nUpstream\t20508\t22959\t24102\nRefining & Chemicals\t827\t1944\t2530\nMarketing & Services\t1569\t1424\t1579\nCorporate\t72\t104\t97\nTotal\t22976\t26430\t28309\n", "q10k_tbl_24": "\tWHRS 2015\tWHRS 2014\tWHRS 2013\n% of companies offering the option of teleworking\t17.2%\t16%\t22%\n% of employees involved in teleworking of those given the option\t2.5%\t2.1%\t2.3%\n", "q10k_tbl_25": "\tWHRS 2015\tWHRS 2014\tWHRS 2013\nPercentage of companies with employee representation\t76.9%\t75.5%\t71.6%\nPercentage of employees covered by collective agreements\t65.5%\t67.8%\t67.0%\n", "q10k_tbl_26": "Average number of training days/year per employee(a) (excluding \"Companion\" apprenticeships and e-learning)\tWHRS 2015\tWHRS 2014\tWHRS 2013\nGroup average\t3.3\t4.2\t4.0\nBy segment(b)\t\t\t\nUpstream\t7.0\t9.2\t9.1\nExploration & Production\t7.2\t9.5\t9.5\nGas\t4.2\t2.7\t2.4\nRefining & Chemicals\t2.3\t3.5\t2.9\nRefining & Chemicals\t2.3\t3.6\t2.9\nTrading & Shipping\t1.4\t2.0\t1.8\nMarketing & Services\t2.8\t2.2\t2.7\nMarketing & Services\t2.4\t2.9\t3.4\nNew Energies\t3.8\t0.3\t0.6\nCorporate\t2.6\t3.0\t3.3\nBy region\t\t\t\nAfrica\t5.5\t7.6\t8.6\nAsia-Pacific\t4.9\t4.6\t4.1\nEurope\t2.7\t3.5\t3.2\nLatin America\t3.7\t5.3\t4.1\nMiddle East\t2.9\t6.9\t9.4\nNorth America\t1.1\t3.1\t3.0\nOceania\t0.7\t0.1\t2.3\nFrench overseas departments and territories\t3.2\t1.6\t2.2\nBreakdown by type of training given\t\t\t\nTechnical\t37%\t35%\t34%\nHealth Safety Environment Quality (HSEQ)\t22%\t21%\t22%\nLanguage\t11%\t14%\t16%\nOther (management personal development inter-cultural etc.)\t30%\t30%\t28%\n", "q10k_tbl_27": "% of women\t2015\t2014\t2013\nOpen-ended contract recruitment\t34.9%\t33.2%\t35.9%\nManagers (JL³10(a)) recruitment\t30.6%\t27.6%\t29.2%\nEmployees\t32%\t31.1%\t30.8%\nManagers (JL ³10(a))\t25.1%\t24.5%\t23.9%\nSenior executives\t18.6%\t17.6%\t17.0%\n", "q10k_tbl_28": "% of employees of non-French nationality\t2015\t2014\t2013\nOpen-ended contracts\t93.5%\t90.5%\t90.0%\nManagers (JL ³10) recruitment(a)\t76.3%\t75.8%\t73.1%\nEmployees\t68.8%\t67.8%\t66.6%\nManagers (JL ³10)(a)\t60.9%\t61.2%\t60.9%\nSenior executives\t27.9%\t27.2%\t26.2%\n", "q10k_tbl_29": "Safety indicators\t2015\t2014\t2013\nTRIR(a): number of recorded injuries per million hours worked\t1.17\t1.30\t1.55\n- Employees of TOTAL\t0.92\t1.06\t1.34\n- Employees of external contractors(b)\t1.38\t1.51\t1.72\nLTIR(c): number of lost time injuries per million hours worked\t0.66\t0.74\t0.91\nSIR(d): average number of days lost per lost time injury\t30.11\t29.74\t32.04\nNumber of fatalities\t9\t9\t15\n", "q10k_tbl_30": "Health indicators\t2015\t2014\t2013\nPercentage of companies included in the WHRS offering employees regular medical monitoring\t99.3%\t97%\t95%\nNumber of occupational illnesses recorded in the year (in accordance with local regulations) per million hours worked\t0.63\t0.81\t0.68\n", "q10k_tbl_31": "Chronic emissions into the atmosphere (excluding GHG) and discharged water quality\t2015\t2014\t2013\nSO2 emissions (kt)\t59\t65\t75\nNOx emissions (kt)\t82\t93\t91\nHydrocarbons in discharged water (rivers waterways and coasts) (t)\t324\t295\t306\n", "q10k_tbl_32": "Waste treatment processes\t2015\t2014\t2013\nRecycling\t42%\t47%\t37%\nWaste-to-energy recovery\t13%\t9%\t7%\nIncineration\t7%\t8%\t12%\nLandfill\t14%\t20%\t23%\n", "q10k_tbl_33": "Accidental hydrocarbon spills(a)\t2015\t2014\t\t2013\nNumber of hydrocarbon spills\t128\t129\t\t169\nTotal volume of hydrocarbon spills (thousands of m³)\t1.4\t1.3\t(b)\t1.8\n", "q10k_tbl_34": "Oil spill preparedness\t2015\t2014\t2013\nNumber of sites whose risk analysis identified at least one scenario of major accidental pollution to surface water\t167\t155\t150\nProportion of those sites with an operational anti-pollution plan\t98%\t90%\t87%\nProportion of those sites that have performed at least one anti-pollution exercise during the year\t98%\t82%\t82%\n", "q10k_tbl_35": "Water-related indicator\t2015\t2014\t2013\nFresh water withdrawals excluding cooling water (million m³)\t118\t112\t126\n", "q10k_tbl_36": "Raw material loss rate\t2015\t2014\t2013\nHydrocarbon production business\t2.5%\t2.4%\t2.5%\nRefining business\t0.5%\t0.5%\t0.5%\n", "q10k_tbl_37": "GHG emissions and flaring\t2015\t2014\t2013\nOperated direct GHG emissions (Mt CO2 equivalent) (100% of emissions from sites operated by the Group)\t42\t44\t46\nDaily volumes of gas flared(a) (million m³ per day)\t7.2\t9.8\t10.8\nGroup share of direct GHG emissions (Mt CO2 equivalent)\t50\t54\t51\n", "q10k_tbl_38": "Energy efficiency\t2015\t2014\t2013\nNet primary energy consumption (TWh)\t153\t153\t157\nGroup Energy Efficiency Index (base 100 in 2012)\t91.9\t101.0\t102.3\n", "q10k_tbl_39": "(in M€)\t2014\t\t\t\t\t2015\t\t\t\t\t\nGroup\t\tnon-Group\t\tTotal\t\tGroup\t\tnon-Group\t\tTotal\t\nBalance\t286\t\t1101\t\t1387\t\t307\t\t930\t\t1237\nOverdue as of Dec. 31\t3\t\t1\t\t4\t\t3\t\t1\t\t4\n0 to 30 days\t281\t\t309\t\t590\t\t228\t\t177\t\t405\nOver 30 days\t0\t\t302\t\t302\t\t0\t\t348\t\t348\nNot yet received\t2\t\t489\t\t491\t\t76\t\t404\t\t480\n", "q10k_tbl_40": "As of and for the year ended December 31 (M$ except per share data)\t2015\t2014\t2013\nNon-Group sales\t165357\t236122\t251725\nNet income (Group share)\t5087\t4244\t11228\nDiluted earnings per share\t2.16\t1.86\t4.94\n", "q10k_tbl_41": "(M$)\t2015\t2014\t2013\nNon-Group sales\t16840\t23484\t26367\nOperating income(a)\t(2941)\t10494\t22658\nEquity in income (loss) of affiliates and other items\t2019\t4302\t2688\nTax on net operating income\t(294)\t(8799)\t(13706)\nNet operating income(a)\t(1216)\t5997\t11640\nAdjustments affecting net operating income\t5990\t4507\t810\nAdjusted net operating income(b)\t4774\t10504\t12450\nInvestments\t24270\t26520\t29750\nDivestments\t3215\t5764\t5786\nROACE\t4.6%\t10.7%\t13.8%\n", "q10k_tbl_42": "(M$)\t2015\t2014\t2013\nNon-Group sales\t70623\t106124\t114483\nOperating income(a)\t4544\t(1691)\t177\nEquity in income (loss) of affiliates and other items\t1780\t90\t181\nTax on net operating income\t(1105)\t391\t(612)\nNet operating income(a)\t5219\t(1210)\t(254)\nAdjustments affecting net operating income\t(330)\t3699\t2111\nAdjusted net operating income(b)\t4889\t2489\t1857\nContribution of Specialty Chemicals(c)\t496\t629\t583\nInvestments\t1843\t2022\t2708\nDivestments\t3488\t192\t365\nROACE\t41.0%\t15.0%\t9.2%\n", "q10k_tbl_43": "(M$)\t2015\t2014\t2013\nNon-Group sales\t77887\t106509\t110873\nOperating income(a)\t1758\t1158\t2014\nEquity in income (loss) of affiliates and other items\t297\t(140)\t55\nTax on net operating income\t(585)\t(344)\t(560)\nNet operating income(a)\t1470\t674\t1509\nAdjustments affecting net operating income\t229\t580\t45\nAdjusted net operating income(b)\t1699\t1254\t1554\nContribution of New Energies\t108\t10\t0\nInvestments\t1841\t1818\t1814\nDivestments\t856\t163\t186\nROACE\t19.7%\t13.3%\t16.1%\n", "q10k_tbl_44": "(M$)\t2015\t2014\t2013\nCash flow from operating activities\t19946\t25608\t28513\nIncluding (increase) decrease in working capital\t1683\t4480\t2525\nCash flow used in investing activities\t(20449)\t(24319)\t(28032)\nTotal expenditures\t(28033)\t(30509)\t(34431)\nTotal divestments\t7584\t6190\t6399\nCash flow from financing activities\t1060\t5909\t(1521)\nNet increase (decrease) in cash and cash equivalents\t577\t7198\t(1040)\nEffect of exchange rates\t(2469)\t(2217)\t831\nCash and cash equivalents at the beginning of the period\t25181\t20200\t20409\nCash and cash equivalents at the end of the period\t23269\t25181\t20200\n", "q10k_tbl_45": "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\t8981\t10467\t23502\t42950\nCurrent portion of non-current debt obligations(b)\t4518\t0\t0\t0\t4518\nFinance lease obligations(c)\t41\t41\t40\t214\t336\nAsset retirement obligations(d)\t707\t1322\t795\t10490\t13314\nOperating lease obligations(c)\t1430\t1833\t992\t1718\t5973\nPurchase obligations(e)\t14728\t11275\t13337\t84628\t123968\nTotal\t21424\t23452\t25631\t120552\t191059\n", "q10k_tbl_46": "\t\t\t\tParticipation in Board Committees\t\t\t\nAs of February 10 2016\tFirst appointment\tExpiry of term of office\tIndependence\tAudit Committee\tGovernance and Ethics Committee\tCompensation Committee\tStrategic Committee\nPatrick Pouyanné\t2015\t2018\t\t\t\t\tC\nThierry Desmarest Honorary Chairman\t1995\t2016\t\t\t*\t\t*\nPatrick Artus\t2009\t2018\t*\t*\t\t\t*\nPatricia Barbizet Lead Independent Director\t2008\t2017\t*\t\tC\t*\t*\nMarc Blanc director representing employees\t2014\t2017\tn/a\t\t\t\t*\nGunnar Brock\t2010\t2016\t*\t\t*\t*\t*\nMarie-Christine Coisne-Roquette\t2011\t2017\t*\tC\t\t*\t\nPaul Desmarais Jr\t2002\t2017\t\t\t\t\t\nAnne-Marie Idrac\t2012\t2018\t*\t\t*\t\t\nCharles Keller director representing employee shareholders\t2013\t2016\tn/a\t*\t\t\t\nBarbara Kux\t2011\t2017\t*\t\t*\t\t*\nGérard Lamarche\t2012\t2016\t*\t*\t\tC\t\n", "q10k_tbl_47": "\tFor fiscal year 2015\t\tFor fiscal year 2014\t\nGross amount (€)\tAmounts due\tAmounts paid\tAmounts due\tAmounts paid\nPatrick Pouyanné(a)\t\t\t\t\nDirectors' fees\tnone\tnone\tn/a\tn/a\nOther compensation\t(a)\t(a)\t(a)\t(a)\nThierry Desmarest(b)\t\t\t\t\nDirectors' fees\t82500\t101500\t101500\t89500\nOther compensation\tnone\tnone\tnone\tnone\nPatrick Artus\t\t\t\t\nDirectors' fees\t88000\t101500\t101500\t79500\nOther compensation\tnone\tnone\tnone\tnone\nPatricia Barbizet(c)\t\t\t\t\nDirectors' fees\t130644\t136000\t136000\t134500\nOther compensation\tnone\tnone\tnone\tnone\nMarc Blanc(d)\t\t\t\t\nDirectors' fees(e)\t72000\t8178\t8178\t0\nOther compensation\t75104\t75104\t72940\t72940\nGunnar Brock\t\t\t\t\nDirectors' fees\t107500\t115000\t115000\t102500\nOther compensation\tnone\tnone\tnone\tnone\nMarie-Christine Coisne-Roquette(f)\t\t\t\t\nDirectors' fees\t122679\t126000\t126000\t129500\nOther compensation\tnone\tnone\tnone\tnone\nBertrand Collomb(g)\t\t\t\t\nDirectors' fees\t28109\t81000\t81000\t67500\nOther compensation\tnone\tnone\tnone\tnone\nPaul Desmarais Jr\t\t\t\t\nDirectors' fees\t61000\t56000\t56000\t47000\nOther compensation\tnone\tnone\tnone\tnone\nAnne-Marie Idrac\t\t\t\t\nDirectors' fees\t79000\t77000\t77000\t75500\nOther compensation\tnone\tnone\tnone\tnone\nCharles Keller(h)\t\t\t\t\nDirectors' fees(e)\t126000\t93083\t93083\t36000\nOther compensation\t91947\t91947\t74244\t74244\nBarbara Kux\t\t\t\t\nDirectors' fees\t102500\t104000\t104000\t79000\nOther compensation\tnone\tnone\tnone\tnone\nGérard Lamarche\t\t\t\t\nDirectors' fees\t147000\t156000\t156000\t143500\nOther compensation\tnone\tnone\tnone\tnone\nAnne Lauvergeon(g)\t\t\t\t\nDirectors' fees\t31609\t68500\t68500\t65500\nOther compensation\tnone\tnone\tnone\tnone\nClaude Mandil(i)\t\t\t\t\nDirectors' fees\tnone\t42951\t42951\t93000\nOther compensation\tnone\tnone\tnone\tnone\nMichel Pébereau(g)\t\t\t\t\nDirectors' fees\t31609\t74000\t74000\t77500\nOther compensation\tnone\tnone\tnone\tnone\nTotal\t1377111\t1507673\t1487896\t1367184\n", "q10k_tbl_48": "\tMaximum percentage\t\tPercentage allocated\t\nEconomic parameters:\t\t100%\t\t88.2%\n- ROE\t34%\t\t23.8%\t\n- Net earnings per share - comparative\t33%\t\t31.4%\t\n- Adjusted net income - comparative\t33%\t\t33%\t\nHSE/CSR parameter\t\t16%\t\t14%\nReduction in operating costs\t\t16%\t\t16%\nPersonal contribution\t\t33%\t\t33%\nTotal\t\t165%\t\t151.2%\n", "q10k_tbl_49": "\tMaximum percentage\t\nSafety - comparative\t\t20%\nROE\t\t30%\nNet-debt-to-equity ratio\t\t40%\nANI - comparative\t\t50%\nPersonal contribution:\t\t40%\n- successful managerial transition\t10%\t\n- achievement of production and reserve targets\t10%\t\n- successful strategic negotiations with producing countries\t10%\t\n- Corporate Social Responsibility (CSR) performance\t10%\t\nTotal\t\t180%\n", "q10k_tbl_50": "\tFor fiscal year 2014\t\tFor fiscal year 2015\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)\nPatrick Pouyanné Chairman and Chief Executive Officer since December 19 2015(b)\t\t\t\t\nFixed compensation(c)\t233425\t233425\t1200000\t1200000\nAnnual variable compensation(c)\t295469\t0\t1814000\t295469\nMulti-year variable compensation\t0\t0\t0\t0\nExtraordinary compensation\t0\t0\t0\t0\nDirectors' fees\t0\t0\t0\t0\nIn-kind benefits(d)\t23551\t23551\t36390\t36390\nTotal\t552445\t256976\t3050790\t1531859\nThierry Desmarest Chairman of the Board until December 18 2015\t\t\t\t\nFixed compensation\t0\t0\t0\t0\nAnnual variable compensation\t0\t0\t0\t0\nMulti-year variable compensation\t0\t0\t0\t0\nExtraordinary compensation\t0\t0\t0\t0\nDirectors' fees(e)\t101500\t0\t82500\t101500\nIn-kind benefits\t0\t0\t0\t0\nTotal\t101500\t0\t82500\t101500\n", "q10k_tbl_51": "(in € except for numbers of shares)\tFor fiscal year 2014\t\tFor fiscal year 2015\nPatrick Pouyanné Chairman and Chief Executive Officer since December 19 2015(a)\t\t\t\nCompensation due in respect of the fiscal year (detailed in AMF Table No. 2 above)\t552445\t\t3050790\nValuation of multi-year variable compensation awarded during the fiscal year\t0\t\t0\nAccounting valuation of the stock options awarded during the fiscal year\t0\t\t0\nAccounting valuation of performance shares awarded during the fiscal year(b)\t1116500\t(c)\t1722960\nNumber of performance shares awarded during the fiscal year\t25000\t(c)\t48000\nTotal\t1668945\t\t4773750\nThierry Desmarest Chairman of the Board until December 18 2015\t\t\t\nCompensation due in respect of the fiscal year (detailed in AMF Table No. 2 above)\t101500\t\t82500\nValuation of multi-year variable compensation awarded during the fiscal year\t0\t\t0\nAccounting valuation of the stock options awarded during the fiscal year\t0\t\t0\nAccounting valuation of performance shares awarded during the fiscal year(b)\t0\t\t0\nNumber of performance shares awarded during the fiscal year\t0\t\t0\nTotal\t101500\t\t82500\n", "q10k_tbl_52": "\tPlan date and No.\tNumber of shares awarded during fiscal year\tValuation of shares (€)(a)\tAcquisition date\tDate of transferability\tPerformance conditions\nPatrick Pouyanné Chairman and Chief Executive Officer since December 19 2015(b)\t2015 Plan 07/28/2015\t48000\t1722960\t07/29/2018\t07/29/2020\tThe conditions are based: - for 20% of the awarded performance shares on the average ROE - for 20% of the awarded performance shares on the average ROACE. The ROE and ROACE values adopted for the assessment of attainment of the performance conditions shall be those published by the Group in the 1st quarter of 2016 the 1st quarter of 2017 and the 1st quarter of 2018 based on the Group's balance sheet and consolidated statement of income for the fiscal years 2015 2016 and 2017. - for 60% of the awarded performance shares on the change in the Group's published 3-yearly average adjusted net income (ANI) compared to that of a set of four other international oil companies during the three years of acquisition (2015 2016 and 2017).\nThierry Desmarest Chairman of the Board until December 18 2015\t0\t0\t0\t0\t0\t0\n", "q10k_tbl_53": "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\nPatrick Pouyanné Chairman and Chief Executive Officer Start of term of office: December 19 2015 End of current term of office: Shareholders' Meeting held in 2018 to approve the financial statements for fiscal year 2017\tNO\tYES Supplementary internal defined benefit pension plan(a) and internal defined contribution pension plan known as RECOSUP\tYES(a) Termination payment and retirement benefit\tNO\nThierry Desmarest Chairman of the Board until December 18 2015 Start of term of office: October 22 2014\tNO\t(b)\tNO\tNO\n", "q10k_tbl_54": "\tPlan date and No.\tNumber of options exercised during fiscal year\tExercise price (€)\nPatrick Pouyanné Chairman and Chief Executive Officer since December 19 2015(a)\t2008 Plan-09/09/2008\t29333\t42.90\nThierry Desmarest Chairman of the Board until December 18 2015\t0\t0\t0\n", "q10k_tbl_55": "\tPlan date and No.\tNumber of shares awarded during fiscal year\tValuation of shares (€)(a)\tAcquisition date\tDate of transferability\tPerformance conditions\nPatrick Pouyanné Chairman and Chief Executive Officer since December 19 2015(b)\t2015 Plan 07/28/2015\t48000\t1722960\t07/29/2018\t07/29/2020 -\tThe conditions are based: - for 20% of the awarded performance shares on the average ROE; - for 20% of the awarded performance shares on the average ROACE. The ROE and ROACE values adopted for the assessment of attainment of the performance conditions shall be those published by the Group in the 1st quarter of 2016 the 1st quarter of 2017 and the 1st quarter of 2018 based on the Group's balance sheet and consolidated statement of income for the fiscal years 2015 2016 and 2017. - for 60% of the awarded performance shares on the change in the Group's published 3-yearly average adjusted net income (ANI) compared to that of a set of four other international oil companies during the three years of acquisition (2015 2016 and 2017).\nThierry Desmarest Chairman of the Board since December 18 2015\t0\tnone\t0\t0\t0\t0\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\t0\tnone\t0\t0\t0\t0\nTotal\t\t48000\t1722960\t\t\t\n", "q10k_tbl_56": "\tPlan date and No.\tNumber of shares that have become available during the fiscal year\tVesting conditions\nPatrick Pouyanné Chairman and Chief Executive Officer since December 19 2015(a)\t0\t0\t0\nThierry Desmarest Chairman of the Board until December 18 2015\t0\t0\t0\nMarc Blanc Director representing employees since November 4 2014\t0\t0\t0\nCharles Keller Director representing employee shareholders since May 17 2013\t0\t0\t0\n", "q10k_tbl_57": "\t\tNumber of beneficiaries\tNumber of notified options\tPercentage\tAverage number of options per beneficiary\n2007 Plan: Subscription options\tExecutive officers(a)\t27\t1329360\t22.8%\t49236\nDecision of the Board of Directors of 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%\t7256 973 2138\n2008 Plan(b): Subscription options\tExecutive officers(a)\t26\t1227500\t27.6%\t47212\nAwarded on October 9 2008 pursuant to the decision of the Board of Directors of 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%\t6673 730 2209\n2009 Plan(b): Subscription options\tExecutive officers(a)\t26\t1201500\t27.4%\t46212\nDecision of the Board of Directors of 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%\t6428 781 2138\n2010 Plan(b): Subscription options\tExecutive officers(a)\t25\t1348100\t28.2%\t53924\nDecision of the Board of Directors of 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%\t7261 778 2283\n2011 Plan(b): Subscription options\tExecutive officers(a)\t29\t846600\t55.7%\t29193\nDecision of the Board of Directors of September 14 2011 Exercise price: €33.00; discount: 0.0%\tOther senior executives Other employees Total\t177 - 206\t672240 - 1518840\t44.3% - 100%\t3798 - 7373\n", "q10k_tbl_58": "\t2007 Plan\t2008 Plan\t2009 Plan\t2010 Plan\t2011 Plan\tTotal\nType of options\tSubscription options\tSubscription options\tSubscription options\tSubscription options\tSubscription options\t\nDate of the Shareholders' Meeting\t05/11/2007\t05/11/2007\t05/11/2007\t05/21/2010\t05/21/2010\t\nDate of Board meeting/grant date(a)\t07/17/2007\t10/09/2008\t09/15/2009\t09/14/2010\t09/14/2011\t\nTotal number of options awarded by the Board of Directors including:\t5937230\t4449810\t4387620\t4788420\t1518840\t21081920\nExecutive and non-executive directors(b)\t134160\t30000\t30000\t40000\t30400\t264560\n- T. Desmarest\t110000\t0\t0\t0\t0\t110000\n- P. Pouyanné\t24160\t30000\t30000\t40000\t30400\t154560\n- M. Blanc\tn/a\tn/a\tn/a\tn/a\tn/a\t0\n- C. Keller\tn/a\tn/a\tn/a\tn/a\tn/a\t0\nDate as of which the options may be exercised:\t07/18/2009\t10/10/2010\t09/16/2011\t09/15/2012\t09/15/2013\t\nExpiry date\t07/17/2015\t10/09/2016\t09/15/2017\t09/14/2018\t09/14/2019\t\nExercise price (€)(c)\t60.10\t42.90\t39.90\t38.20\t33.00\t\nCumulative number of options exercised as of December 31 2015\t0\t1770436\t1644317\t1373977\t792131\t5580861\nCumulative number of options canceled as of December 31 2015\t5937230\t117872\t32520\t91197\t4400\t6183219\nNumber of options:\t\t\t\t\t\t\n- Outstanding as of January 1 2015\t5847965\t3215884\t3011269\t3701218\t1141094\t16635411\n- Awarded in 2015\t0\t0\t0\t0\t0\t0\n- Canceled in 2015(d)\t5847965\t0\t0\t0\t0\t5847965\n- Exercised in 2015\t0\t654382\t300486\t377972\t136766\t1469606\nOutstanding as of December 31 2015\t0\t2561502\t2710783\t3323246\t722309\t9317840\n", "q10k_tbl_59": "\tTotal number of options awarded/ exercised\tAverage weighted exercise price (€)\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 2015 by TOTAL S.A. and its affiliates(b) to the 10 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\nOptions held on TOTAL S.A. and its affiliates(b) and exercised in fiscal year 2015 by the 10 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)\t439984\t39.63\t161434\t109100\t108700\t60750\n", "q10k_tbl_60": "\t\tNumber of beneficiaries\tNumber of notified shares\tPercentage\tAverage number of shares per beneficiary\n2011 Plan(a)\tExecutive officers(b)\t29\t184900\t5.1%\t6376\nDecision of the Board of Directors of 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 of Directors of 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 of Directors of 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 of Directors of 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\n2015 Plan\tExecutive officers(d)\t13\t264600\t5.6%\t20354\nDecision of the Board of Directors of July 28 2015\tOther senior executives\t290\t1132750\t23.8%\t3906\n\tOther employees(c)\t10012\t3364585\t70.6%\t336\n\tTotal\t10315\t4761935\t100%\t462\n", "q10k_tbl_61": "\t2011 Plan\t\t2012 Plan\t\t2013 Plan\t\t2014 Plan\t\t2015 Plan\nDate of the Shareholders' Meeting\t05/13/2011\t\t05/13/2011\t\t05/13/2011\t\t05/16/2014\t\t16/05/2014\nDate of Board meeting/grant date\t09/14/2011\t\t07/26/2012\t\t07/25/2013\t\t07/29/2014\t\t28/07/2015\nClosing price on grant date\t€32.690\t\t€36.120\t\t€40.005\t\t€52.220\t\t€43.215\nAverage repurchase price per share paid by the Company\t€39.580\t\t€38.810\t\t€40.560\t\t€48.320\t\t€45.150\nTotal number of performance shares awarded including to:\t3649770\t\t4295930\t\t4464200\t\t4486300\t\t4761935\nExecutive and non-executive directors(a)\t7000\t\t22500\t\t22900\t\t25400\t\t48000\n- T. Desmarest\t0\t\t0\t\t0\t\t0\t\t0\n- P. Pouyanné\t7000\t(b)\t22500\t(b)\t22500\t(b)\t25000\t(b)\t48000\n- M. Blanc\tn/a\t\tn/a\t\tn/a\t\t0\t\t0\n- C. Keller\tn/a\t\tn/a\t\t400\t\t400\t\t0\nStart of the vesting period\t09/14/2011\t\t07/26/2012\t\t07/25/2013\t\t07/29/2014\t\t28/07/2015\nDefinitive grant date subject to the conditions set out (end of the vesting period)\t09/15/2013\t\t07/27/2014\t\t07/26/2016\t\t07/30/2017\t\t29/07/2018\nDisposal possible from (end of the mandatory holding period)\t09/15/2015\t\t07/27/2016\t\t07/26/2018\t\t07/30/2019\t\t29/07/2020\nNumber of performance shares:\t\t\t\t\t\t\t\t\t\n- Outstanding as of January 1 2015\t0\t\t0\t\t4434460\t\t4475030\t\t0\n- Notified in 2015\t0\t\t0\t\t0\t\t0\t\t4761935\n- Canceled in 2015\t0\t\t0\t\t(28230)\t\t(22630)\t\t(1430)\n- Definitively granted in 2015(c)\t0\t\t0\t\t(55400)\t\t(49940)\t\t0\nOutstanding as of December 31 2015\t0\t\t0\t\t4350830\t\t4402460\t\t4760505\n", "q10k_tbl_62": "\tNumber of performance shares notified/definitively awarded\tDate of the award\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 28 2015 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)\t207300\t07/28/2015\t07/29/2018\t07/29/2020\nPerformance shares definitively awarded in fiscal year 2015 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\t0\t0\t0\t0\n", "q10k_tbl_63": "\tBoard of Directors\t\tAudit Committee\t\tCompensation Committee\t\tGovernance and Ethics Committee\t\tStrategic Committee\t\t\t\nDirectors\tAttendance rate\tNumber of meetings\tAttendance rate\tNumber of meetings\tAttendance rate\tNumber of meetings\tAttendance rate\tNumber of meetings\tAttendance rate\t\tNumber of meetings\t\nPatrick Pouyanné(a)\t100%\t4/4\t0\t0\t0\t0\t0\t0\t100%\t\t2/2\t\nThierry Desmarest\t100%\t9/9\t0\t0\t0\t0\t100%\t3/3\t100%\t\t2/2\t\nPatrick Artus\t89%\t8/9\t0\t0\t100%\t3/3\t100%\t3/3\t100\t%(c)\t2/2\t(c)\nPatricia Barbizet\t100%\t9/9\t100%\t7/7\t0\t0\t0\t0\t100%\t\t2/2\t\nMarc Blanc\t100%\t9/9\t0\t0\t0\t0\t0\t0\t100\t%(c)\t2/2\t(c)\nGunnar Brock\t100%\t9/9\t0\t0\t100%\t3/3\t100%\t3/3\t50%\t\t1/2\t\nMarie-Christine Coisne-Roquette\t100%\t9/9\t85.7%\t6/7\t100%\t3/3\t0\t0\t0\t\t0\t\nBertrand Collomb(b)\t80%\t4/5\t0\t0\t0\t0\t0%\t0/1\t0\t\t0\t\nPaul Desmarais Jr\t78%\t7/9\t0\t0\t0\t0\t0\t0\t0\t\t0\t\nAnne-Marie Idrac\t100%\t9/9\t0\t0\t0\t0\t100%\t2/2\t100\t%(c)\t2/2\t(c)\nCharles Keller\t100%\t9/9\t100%\t7/7\t0\t0\t0\t0\t100\t%(c)\t2/2\t(c)\nBarbara Kux\t100%\t9/9\t0\t0\t0\t0\t100%\t3/3\t100%\t\t2/2\t\nGérard Lamarche\t100%\t9/9\t85.7%\t6/7\t0\t0\t0\t0\t100%\t\t2/2\t\nAnne Lauvergeon(b)\t80%\t4/5\t0\t0\t0\t0\t0\t0\t100%\t\t1/1\t\nMichel Pébereau(b)\t80%\t4/5\t0\t0\t100%\t1/1\t0\t0\t0\t\t0\t\nAttendance rate\t94.9%\t\t92.8%\t\t100%\t\t93.3%\t\t91.6%\t\t\t\n", "q10k_tbl_64": "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.\tAt its meeting held each year in February the Board of Directors evaluates the performance of the executive directors and where applicable reflects as necessary on the future of the Company's management. When these particular matters are reviewed the Chairman and Chief Executive Officer and the members of the Executive Committee in attendance (who are not directors) leave the Board meeting. Since December 16 2015 the rules of procedure of the Board of Directors provide that with the agreement of the Governance and Ethics Committee the Lead Independent Director may hold meetings of the directors who do not hold executive or salaried positions on the Board of Directors. He or she reports to the Board of Directors on the conclusions of such meetings. In February 2016 the part of the meeting during which the Board discussed the evaluation of the performance of the Chairman and Chief Executive Officer and the determination of his compensation was chaired by the Lead Independent Director. Thus the Board of Directors' practice constitutes a mechanism that has the same effect as the recommendation made in the AFEP-MEDEF Code.\nCompensation Committee (point 18.1 of the Code) It is recommended that one member of the Committee should be an employee director.\tGiven that the Compensation Committee is made up exclusively of independent directors and that the Lead Independent Director is a member of this Committee the Board of Directors determined that it was appropriate that the director representing employees be a member of the Strategic Committee to allow him or her to be more involved in reviewing the overall strategy of the Group and operations that are of particular strategic importance and in reviewing competition and the resulting medium and long-term outlook for the Group.\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. In addition it should be noted that the supplementary pension plan set up by the Company was declared to URSSAF in 2004 in accordance with Articles L. 137-11 and R. 137-16 of the French Social Security Code.\n", "q10k_tbl_65": "Group employees as of December 31\t2015\t2014\t2013\nTotal number of employees\t96019\t100307\t98799\nWomen\t32.0%\t31.1%\t30.8%\nMen\t68.0%\t68.9%\t69.2%\nFrench\t31.2%\t32.2%\t33.4%\nOther nationalities\t68.8%\t67.8%\t66.6%\nBreakdown by business segment\t\t\t\nUpstream\t\t\t\nExploration & Production\t17.1%\t17.2%\t17.1%\nGas\t0.8%\t1.1%\t1.1%\nRefining & Chemicals\t\t\t\nRefining & Chemicals\t49.6%\t50.9%\t51.5%\nTrading & Shipping\t0.6%\t0.6%\t0.6%\nMarketing & Services\t\t\t\nMarketing & Services\t21.3%\t21.2%\t21.5%\nNew Energies\t8.9%\t7.4%\t6.7%\nCorporate\t1.7%\t1.6%\t1.5%\nBreakdown by region\t\t\t\nFrance\t31.5%\t32.5%\t33.6%\nFrench overseas departments and territories\t0.4%\t0.3%\t0.4%\nRest of Europe\t24.5%\t23.9%\t23.4%\nAfrica\t10.5%\t10.2%\t10.0%\nNorth America\t6.4%\t6.6%\t6.6%\nLatin America\t10.5%\t9.7%\t9.6%\nAsia\t14.8%\t15.0%\t14.6%\nMiddle East\t1.3%\t1.3%\t1.3%\nOceania\t0.1%\t0.5%\t0.5%\nBreakdown by age bracket\t\t\t\n< 25 years\t6.6%\t6.3%\t6.5%\n25 to 34 years\t28.8%\t29.0%\t29.1%\n35 to 44 years\t29.1%\t29.1%\t28.8%\n45 to 54 years\t22.6%\t22.7%\t23.1%\n> 55 years\t12.9%\t12.9%\t12.5%\n", "q10k_tbl_66": "Breakdown of managers or equivalent as of December 31\t2015\t2014\t2013\nTotal number of managers\t27624\t29271\t28527\nWomen\t25.1%\t24.5%\t23.9%\nMen\t74.9%\t75.5%\t76.1%\nFrench\t39.1%\t38.8%\t39.1%\nOther nationalities\t60.9%\t61.2%\t60.9%\n", "q10k_tbl_67": "Breakdown by business segment of the Group employees present as of December 31\t2015\t2014\nUpstream\t\t\nExploration & Production\t15366\t16157\nGas\t915\t1111\nRefining & Chemicals\t\t\nRefining & Chemicals\t46661\t49967\nTrading & Shipping\t563\t567\nMarketing & Services\t\t\nMarketing & Services\t19923\t20682\nNew Energies\t8475\t7425\nCorporate\t1568\t1551\n", "q10k_tbl_68": "As of December 31\t2015\t2014\t2013\nTotal number hired on open-ended contracts(a)\t9022\t10771\t10649\nWomen\t34.9%\t33.2%\t35.9%\nMen\t65.1%\t66.8%\t64.1%\nFrench\t6.5%\t9.5%\t10.0%\nOther nationalities\t93.5%\t90.5%\t90.0%\n", "q10k_tbl_69": "As of December 31\t2015\t2014\t2013\nTotal number of departures(a)\t7724\t7195\t6779\nDeaths\t128\t108\t106\nResignations\t4719\t4545\t4040\nDismissals/negotiated departures\t2754\t2413\t2495\nRuptures conventionnelles (specific negotiated departure in France)\t123\t129\t138\nTotal departures/total employees\t8%\t7.2%\t6.9%\n", "q10k_tbl_70": "TOTAL ACTIONNARIAT FRANCE\t84369644\nTOTAL ACTIONNARIAT INTERNATIONAL CAPITALISATION\t23711988\nTOTAL FRANCE CAPITAL+\t4758223\nTOTAL INTERNATIONAL CAPITAL\t1984034\nShares subscribed by employees in the U.S.\t736109\nGroup Caisse Autonome (Belgium)\t539871\nTOTAL shares from the exercise of the Company's stock options and held as registered shares within a Company Savings Plan\t3070324\nTotal shares held by employees\t119170193\n", "q10k_tbl_71": "Year 2015\t\tAcquisition\tSubscription\tTransfer\tExchange\tExercise of stock options\nPatrick Pouyanné(a)\tTOTAL shares\t577.00\t688.00\t29333.00\t0\t29333.00\n\tShares in collective investment plans (\"FCPE\") and other related financial instruments(b)\t266.40\t214.21\t0\t0\t0\nPhilippe Boisseau(a)\tTOTAL shares\t0\t1090.00\t66000.00\t0\t76400.00\n\tShares in FCPE and other related financial instruments(b)\t666.93\t7027.48\t7748.43\t0\t0\nArnaud Breuillac(a)\tTOTAL shares\t0\t612.00\t0\t0\t25000.00\n\tShares in FCPE and other related financial instruments(b)\t274.03\t3489.68\t0\t0\t0\nYves-Louis Darricarrère(a)\tTOTAL shares\t0\t0\t0\t0\t0\nShares in FCPE and other related financial instruments(b)\t\t596.24\t10535.09\t102.93\t0\t0\nPatrick de La Chevardière(a)\tTOTAL shares\t0\t2833.00\t102667.00\t0\t115167.00\nShares in FCPE and other related financial instruments(b)\t\t389.13\t8683.15\t8085.51\t0\t0\nJean-Jacques Guilbaud(a)\tTOTAL shares\t0\t1622.00\t65167.00\t0\t66767.00\nShares in FCPE and other related financial instruments(b)\t\t181.18\t1179.21\t1183.04\t0\t0\nPhilippe Sauquet(a)\tTOTAL shares\t0\t155.00\t12500.00\t0\t12500.00\n\tShares in FCPE and other related financial instruments(b)\t731.61\t3356.28\t0\t0\t0\nMarie-Christine Coisne-Roquette(a)\tTOTAL shares\t0\t0\t0\t0\t0\nShares in FCPE and other related financial instruments(b)\t\t0\t112.00\t0\t0\t0\nCharles Keller(a)\tTOTAL shares\t29.87\t450.00\t0\t0\t0\n\tShares in FCPE and other related financial instruments(b)\t0\t0\t0\t0\t0\nGérard Lamarche(a)\tTOTAL shares\t0\t61.00\t0\t0\t0\n\tShares in FCPE and other related financial instruments(b)\t0\t0\t0\t0\t0\n", "q10k_tbl_72": "\t2015\t\t\t2014\t\t2013\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% of voting rights\t% of share capital\t\t% of voting rights\t\nBlackRock Inc.(b)\t5.5\t5.0\t4.6\t6.2\t5.4\tNC\t(c)\tNC\t(c)\nGroup employees(d)\t4.9\t9.0\t8.3\t4.6\t8.8\t4.7\t\t8.6\t\nGBL-LOVERAL Finance (ex CNP) in concert\t3.3\t3.3\t3.1\t3.9\t3.9\t4.8\t\t4.8\t\nof which Groupe Bruxelles Lambert(e)\t2.5\t2.4\t2.2\t3.0\t3.0\t3.6\t\t3.6\t\nof which GBL-LOVERVAL Finance (ex CNP)(e)\t0.9\t0.9\t0.8\t0.9\t0.9\t1.2\t\t1.2\t\nTreasury shares\t4.7\t0\t8.0\t4.6\t0\t4.6\t\t0\t\nof which TOTAL S.A.\t0.6\t0\t0.5\t0.4\t0\t0.4\t\t0\t\nof which Total Nucléaire\t0.1\t0\t0.2\t0.1\t0\t0.1\t\t0\t\nof which subsidiaries of Elf Aquitaine(f)\t4.0\t0\t7.4\t4.1\t0\t4.1\t\t0\t\nOther shareholders(g)\t81.6\t82.7\t76.0\t80.7\t81.9\t85.9\t\t86.6\t\nof which holders of ADRs(h)\t7.2\t7.2\t6.6\t8.5\t8.4\t9.3\t\t9.2\t\n", "q10k_tbl_73": "As of December 31 2015\t\nPercentage of share capital held by TOTAL S.A.\t0.56%\nNumber of shares held in portfolio\t13636490\nBook value of portfolio (at purchase price) (M€)\t609\nMarket value of portfolio (M€)(a)\t563\nPercentage of capital held by companies(b) of the Group\t4.67%\nNumber of shares held in portfolio\t113967758\nBook value of portfolio (at purchase price) (M€)\t3635\nMarket value of portfolio (M€)(a)\t4703\n", "q10k_tbl_74": "Price per share (€)\tHigh\tLow\n2011\t44.550\t29.400\n2012\t42.970\t33.420\n2013\t45.670\t35.175\n2014\t54.710\t38.250\nFirst Quarter\t48.250\t41.310\nSecond Quarter\t54.710\t47.310\nThird Quarter\t53.650\t47.145\nFourth Quarter\t52.090\t48.470\n2015\t50.300\t36.920\nFirst Quarter\t48.600\t39.345\nSecond Quarter\t50.300\t43.285\nThird Quarter\t46.500\t36.920\nSeptember\t42.660\t38.195\nFourth Quarter\t47.400\t40.255\nOctober\t46.440\t40.255\nNovember\t47.295\t43.660\nDecember\t47.400\t40.440\n2016 (through February 29)\t41.395\t35.210\nJanuary\t41.350\t36.155\nFebruary\t41.395\t35.210\n", "q10k_tbl_75": "Price per ADR ($)\tHigh\tLow\n2011\t64.44\t40.00\n2012\t57.06\t41.75\n2013\t62.45\t45.93\n2014\t74.220\t48.433\nFirst Quarter\t66.297\t56.030\nSecond Quarter\t74.220\t65.460\nThird Quarter\t73.090\t62.530\nFourth Quarter\t64.016\t48.433\n2015\t54.790\t40.930\nFirst Quarter\t55.860\t46.610\nSecond Quarter\t54.790\t48.530\nThird Quarter\t50.870\t40.930\nSeptember\t48.410\t42.736\nFourth Quarter\t52.340\t44.190\nOctober\t52.340\t44.880\nNovember\t51.190\t47.180\nDecember\t50.010\t44.190\n2016 (through February 29)\t45.420\t39.050\nJanuary\t44.560\t39.050\nFebruary\t45.420\t40.080\n", "q10k_tbl_76": "Type\t\tCap on par value or number of shares or expressed as % of share capital\tUse in 2015 par value or number of shares\tAvailable balance as of 12/31/2015 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 B in securities\t0\t€10 B\tMay 16 2014 (10th 11th and 13th resolutions)\tJuly 16 2016 26 months\nNominal share capital\tAn overall cap of €2.5 B (i.e. a maximum of 1000 million shares issued with a pre-emptive subscription right) from which can be deducted:\t10.5 million shares(a)\t€2.47 B (i.e. 989.5 million shares)\tMay 16 2014 (10th resolution)\tJuly 16 2016 26 months\n\t1/ a specific cap of 575 M€ 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 from which can be deducted:\t0\t€575 M\tMay 16 2014 (11th and 12th resolutions)\tJuly 16 2016 26 months\n\t1/a a sub-cap of 575 M€ through in-kind contributions when provisions of Article L. 225-148 of the French Commercial Code are not applicable\t0\t€575 M\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(b) decision for capital increases reserved for employees participating in a Company savings plan\t10.5 million shares(c)\t26.1 million shares\tMay 16 2014 (14th and 15th resolutions)\tJuly 16 2016 26 months\nStock option grants\t\t0.75% of share capital(b) on the date of the Board decision to grant options\t0\t18.3 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\t4.8 million shares(d)\t10.3 million shares(d)\tMay 16 2014 (16th resolution)\tJuly 16 2017 38 months\n", "q10k_tbl_77": "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.\nFor 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.\nFor fiscal year 2015\t\nApril 27 2015\tAcknowledgement of the issuance of 10479410 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 July 29 2014 raising the share capital by €26198525 from €5963168812.50 to €5989367337.50.\nJuly 1 2015\tAcknowledgement of the issuance of 18609466 new shares par value €2.50 per share and a share price of €42.02 (i.e. a par value of €2.50 value and issue premium of €39.52) for the payment of the 2014 fourth quarter dividend in shares raising the share capital by €46523665 from €5989367337.50 to €6035891002.50.\nOctober 21 2015\tAcknowledgement of the issuance of 24231876 new shares par value €2.50 per share and a share price of €35.63 (i.e. a par value of €2.50 value and issue premium of €33.13) for the payment of the first quarterly interim dividend for fiscal year 2015 in shares raising the share capital by €60579690 from €6035891002.50 to €6096470692.50.\nJanuary 14 2016\tAcknowledgement of the issuance of 1469606 new shares par value €2.50 per share through the exercise of stock options between January 1 and December 31 2015 raising the share capital by €3674015 from €6096470692.50 to €6100144707.50.\n\tAcknowledgement of the issuance of 13945709 new shares par value €2.50 per share and a share price of €39.77 (i.e. a par value of €2.50 value and issue premium of €37.27) for the payment of the second quarterly interim dividend for fiscal year 2015 in shares raising the share capital by €34864272.50 from €6100144707.50 to €6135008980.\n", "q10k_tbl_78": "\tCumulative gross movements\t\tOpen positions as of February 29 2016\t\t\t\n\tPurchases\tSales\tOpen purchase positions\t\tOpen sales positions\t\nNumber of shares\t4711935\t0\tBought calls\tPurchases\tSold calls\tSales\nMaximum average maturity\t0\t0\t0\t0\t0\t0\nAverage transaction price (€)\t45.22\t0\t0\t0\t0\t0\nAverage exercise price\t0\t0\t0\t0\t0\t0\nAmounts (€)\t213073104\t0\t0\t0\t0\t0\n", "q10k_tbl_79": "As of February 29 2016\t\nPercentage of share capital held by TOTAL S.A.\t0.56%\nNumber of shares held in portfolio(a)\t13636210\nBook value of portfolio (at purchase price) (M€)\t609\nMarket value of the portfolio (M€)(b)\t564\nPercentage of capital held by companies(c) of the Group\t4.64%\nNumber of shares held in portfolio\t113967478\nBook value of portfolio (at purchase price) (M€)\t3635\nMarket value of the portfolio (M€)(b)\t4715\n", "q10k_tbl_80": "\tErnst & Young Audit fiscal year\t\tKPMG fiscal year\t\n(M$)\t2015\t2014\t2015\t2014\nAudit Fees\t22.0\t24.7\t16.0\t20.8\nAudit-Related Fees(a)\t1.1\t1.1\t4.8\t6.8\nLegal Tax Labor Law Fees(b)\t3.3\t3.3\t3.0\t2.7\nAll Other Fees(c)\t0.5\t0\t0.3\t0\nTotal\t26.9\t29.1\t24.1\t30.3\n", "q10k_tbl_81": "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 2015\t0\t0\t0\t129266822\nFebruary 2015\t0\t0\t0\t129291634\nMarch 2015\t0\t0\t0\t129296725\nApril 2015\t0\t0\t0\t130363410\nMay 2015\t0\t0\t0\t130373985\nJune 2015\t0\t0\t0\t130377746\nJuly 2015\t0\t0\t0\t132240749\nAugust 2015\t4711935\t45.22\t4711935\t127537278\nSeptember 2015\t0\t0\t0\t127538900\nOctober 2015\t0\t0\t0\t129967333\nNovember 2015\t0\t0\t0\t130030886\nDecember 2015\t0\t0\t0\t130038030\nJanuary 2016\t0\t0\t0\t131432881\nFebruary 2016\t0\t0\t0\t131433756\n", "q10k_tbl_82": "\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 2015 2014 and 2013\tF-3\nConsolidated Statement of Comprehensive Income for the Years Ended December 31 2015 2014 and 2013\tF-4\nConsolidated Balance Sheet at December 31 2015 2014 and 2013\tF-5\nConsolidated Statement of Cash Flow for the Years Ended December 31 2015 2014 and 2013\tF-6\nConsolidated Statement of Changes in Shareholders' Equity for the Years Ended December 31 2015 2014 and 2013\tF-7\nNotes to the Consolidated Financial Statements\tF-8\nSupplemental Oil and Gas Information (Unaudited)\tS-1\n", "q10k_tbl_83": "1\tBylaws (statuts) of TOTAL S.A. (as amended through January 14 2016).\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 (incorporated by reference to the Company's Annual Report on Form 20-F for the year ended December 31 2014 filed on March 26 2015 as amended on March 27 2015).\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_84": "For the year ended December 31 (M$)(a)\t\t2015\t2014\t2013\nSales\t(Notes 4 & 5)\t165357\t236122\t251725\nExcise taxes\t\t(21936)\t(24104)\t(23756)\nRevenues from sales\t\t143421\t212018\t227969\nPurchases net of inventory variation\t(Note 6)\t(96671)\t(152975)\t(160849)\nOther operating expenses\t(Note 6)\t(24345)\t(28349)\t(28764)\nExploration costs\t(Note 6)\t(1991)\t(1964)\t(2169)\nDepreciation depletion and impairment of tangible assets and mineral interests\t\t(17720)\t(19656)\t(11994)\nOther income\t(Note 7)\t3606\t2577\t2290\nOther expense\t(Note 7)\t(1577)\t(954)\t(2800)\nFinancial interest on debt\t\t(967)\t(748)\t(889)\nFinancial income from marketable securities & cash equivalents\t\t94\t108\t85\nCost of net debt\t(Note 29)\t(873)\t(640)\t(804)\nOther financial income\t(Note 8)\t882\t821\t696\nOther financial expense\t(Note 8)\t(654)\t(676)\t(702)\nEquity in net income (loss) of affiliates\t(Note 12)\t2361\t2662\t3415\nIncome taxes\t(Note 9)\t(1653)\t(8614)\t(14767)\nConsolidated net income\t\t4786\t4250\t11521\nGroup share\t\t5087\t4244\t11228\nNon-controlling interests\t\t(301)\t6\t293\nEarnings per share ($)\t\t2.17\t1.87\t4.96\nFully-diluted earnings per share ($)\t\t2.16\t1.86\t4.94\n", "q10k_tbl_85": "For the year ended December 31 (M$)\t2015\t2014\t2013\nConsolidated net income\t4786\t4250\t11521\nOther comprehensive income\t\t\t\nActuarial gains and losses\t557\t(1526)\t682\nTax effect\t(278)\t580\t(287)\nCurrency translation adjustment generated by the parent company\t(7268)\t(9039)\t3129\nItems not potentially reclassifiable to profit and loss\t(6989)\t(9985)\t3524\nCurrency translation adjustment\t2456\t4245\t(1925)\nAvailable for sale financial assets\t9\t(29)\t33\nCash flow hedge\t(185)\t97\t156\nShare of other comprehensive income of equity affiliates net amount\t120\t(1538)\t(805)\nOther\t1\t3\t(12)\nTax effect\t53\t(18)\t(62)\nItems potentially reclassifiable to profit and loss\t2454\t2760\t(2615)\nTotal other comprehensive income (net amount) (Note 17)\t(4535)\t(7225)\t909\nComprehensive income\t251\t(2975)\t12430\n- Group share\t633\t(2938)\t12193\n- Non-controlling interests\t(382)\t(37)\t237\n", "q10k_tbl_86": "As of December 31 (M$)\t\t2015\t2014\t2013\nASSETS\t\t\t\t\nNon-current assets\t\t\t\t\nIntangible assets net\t(Notes 5 & 10)\t14549\t14682\t18395\nProperty plant and equipment net\t(Notes 5 & 11)\t109518\t106876\t104480\nEquity affiliates: investments and loans\t(Note 12)\t19384\t19274\t20417\nOther investments\t(Note 13)\t1241\t1399\t1666\nHedging instruments of non-current financial debt\t(Note 20)\t1219\t1319\t1418\nDeferred income taxes\t(Note 9)\t3982\t4079\t3838\nOther non-current assets\t(Note 14)\t4355\t4192\t4406\nTotal non-current assets\t\t154248\t151821\t154620\nCurrent assets\t\t\t\t\nInventories net\t(Note 15)\t13116\t15196\t22097\nAccounts receivable net\t(Note 16)\t10629\t15704\t23422\nOther current assets\t(Note 16)\t15843\t15702\t14892\nCurrent financial assets\t(Note 20)\t6190\t1293\t739\nCash and cash equivalents\t(Note 27)\t23269\t25181\t20200\nAssets classified as held for sale\t(Note 34)\t1189\t4901\t3253\nTotal current assets\t\t70236\t77977\t84603\nTotal assets\t\t224484\t229798\t239223\nLIABILITIES & SHAREHOLDERS' EQUITY\t\t\t\t\nShareholders' equity\t\t\t\t\nCommon shares\t\t7670\t7518\t7493\nPaid-in surplus and retained earnings\t\t101528\t94646\t98254\nCurrency translation adjustment\t\t(12119)\t(7480)\t(1203)\nTreasury shares\t\t(4585)\t(4354)\t(4303)\nTotal shareholders' equity - Group share\t(Note 17)\t92494\t90330\t100241\nNon-controlling interests\t\t2915\t3201\t3138\nTotal shareholders' equity\t\t95409\t93531\t103379\nNon-current liabilities\t\t\t\t\nDeferred income taxes\t(Note 9)\t12360\t14810\t17850\nEmployee benefits\t(Note 18)\t3774\t4758\t4235\nProvisions and other non-current liabilities\t(Note 19)\t17502\t17545\t17517\nNon-current financial debt\t(Note 20)\t44464\t45481\t34574\nTotal non-current liabilities\t\t78100\t82594\t74176\nCurrent liabilities\t\t\t\t\nAccounts payable\t\t20928\t24150\t30282\nOther creditors and accrued liabilities\t(Note 21)\t16884\t16641\t18948\nCurrent borrowings\t(Note 20)\t12488\t10942\t11193\nOther current financial liabilities\t(Note 20)\t171\t180\t381\nLiabilities directly associated with the assets classified as held for sale\t(Note 34)\t504\t1760\t864\nTotal current liabilities\t\t50975\t53673\t61668\nTotal liabilities & shareholders' equity\t\t224484\t229798\t239223\n", "q10k_tbl_87": "For the year ended December 31 (M$)\t2015\t2014\t2013\nCASH FLOW FROM OPERATING ACTIVITIES\t\t\t\nConsolidated net income\t4786\t4250\t11521\nDepreciation depletion amortization and impairment\t19334\t20859\t13358\nNon-current liabilities valuation allowances and deferred taxes\t(2563)\t(1980)\t1567\nImpact of coverage of pension benefit plans\t0\t0\t0\n(Gains) losses on disposals of assets\t(2459)\t(1979)\t(80)\nUndistributed affiliates' equity earnings\t(311)\t29\t(775)\n(Increase) decrease in working capital\t1683\t4480\t2525\nOther changes net\t(524)\t(51)\t397\nCash flow from operating activities\t19946\t25608\t28513\nCASH FLOW USED IN INVESTING ACTIVITIES\t\t\t\nIntangible assets and property plant and equipment additions\t(25132)\t(26320)\t(29748)\nAcquisitions of subsidiaries net of cash acquired\t(128)\t(471)\t(21)\nInvestments in equity affiliates and other securities\t(513)\t(949)\t(1756)\nIncrease in non-current loans\t(2260)\t(2769)\t(2906)\nTotal expenditures\t(28033)\t(30509)\t(34431)\nProceeds from disposals of intangible assets and property plant and equipment\t2623\t3442\t1766\nProceeds from disposals of subsidiaries net of cash sold\t2508\t136\t2654\nProceeds from disposals of non-current investments\t837\t1072\t330\nRepayment of non-current loans\t1616\t1540\t1649\nTotal divestments\t7584\t6190\t6399\nCash flow used in investing activities\t(20449)\t(24319)\t(28032)\nCASH FLOW USED IN FINANCING ACTIVITIES\t\t\t\nIssuance (repayment) of shares:\t\t\t\n-Parent company shareholders\t485\t420\t485\n-Treasury shares\t(237)\t(289)\t(238)\nDividends paid:\t\t\t\n-Parent company shareholders\t(2845)\t(7308)\t(7128)\n-Non-controlling interests\t(100)\t(154)\t(156)\nIssuance of perpetual subordinated notes\t5616\t0\t0\nPayments on perpetual subordinated notes\t0\t0\t0\nOther transactions with non-controlling interests\t89\t179\t2153\nNet issuance (repayment) of non-current debt\t4166\t15786\t11102\nIncrease (decrease) in current borrowings\t(597)\t(2374)\t(9037)\nIncrease (decrease) in current financial assets and liabilities\t(5517)\t(351)\t1298\nCash flow used in financing activities\t1060\t5909\t(1521)\nNet increase (decrease) in cash and cash equivalents\t557\t7198\t(1040)\nEffect of exchange rates\t(2469)\t(2217)\t831\nCash and cash equivalents at the beginning of the period\t25181\t20200\t20409\nCash and cash equivalents at the end of the period\t23269\t25181\t20200\n", "q10k_tbl_88": "\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 2013\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\nNet income 2015\t0\t0\t5087\t\t0\t\t0\t0\t5087\t(301)\t4786\nOther comprehensive income.(Note 17)\t0\t0\t185\t\t(4639)\t\t0\t0\t(4454)\t(81)\t(4535)\nComprehensive income\t0\t0\t5272\t\t(4639)\t\t0\t0\t633\t(382)\t251\nDividend\t0\t0\t(6303)\t\t0\t\t0\t0\t(6303)\t(100)\t(6403)\nIssuance of common shares.(Note 17)\t54790358\t152\t2159\t\t0\t\t0\t0\t2311\t0\t2311\nPurchase of treasury shares\t0\t0\t0\t\t0\t\t(4711935)\t(237)\t(237)\t0\t(237)\nSale of treasury shares(a)\t0\t0\t(6)\t\t0\t\t105590\t6\t0\t0\t0\nShare-based payments.(Note 25)\t0\t0\t101\t\t0\t\t0\t0\t101\t0\t101\nShare cancellation.(Note 17)\t0\t0\t0\t\t0\t\t0\t0\t0\t0\t0\nIssuance of perpetual subordinated notes\t0\t0\t5616\t\t0\t\t0\t0\t5616\t0\t5616\nPayments on perpetual subordinated notes\t0\t0\t(114)\t\t0\t\t0\t0\t(114)\t0\t(114)\nOther operations with non-controlling interests\t0\t0\t23\t\t0\t\t0\t0\t23\t64\t87\nOther items\t0\t0\t134\t\t0\t\t0\t0\t134\t132\t266\nAs of December 31 2015\t2440057883\t7670\t101528\t\t(12119)\t\t(113967758)\t(4585)\t92494\t2915\t95409\n", "q10k_tbl_89": "For the year ended December 31 2015 (M$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tIntercompany\tTotal\nNon-Group sales\t16840\t70623\t77887\t7\t0\t165357\nIntersegment sales\t17927\t26794\t911\t218\t(45850)\t0\nExcise taxes\t0\t(4107)\t(17829)\t0\t0\t(21936)\nRevenues from sales\t34767\t93310\t60969\t225\t(45850)\t143421\nOperating expenses\t(21851)\t(87674)\t(58467)\t(865)\t45850\t(123007)\nDepreciation depletion and impairment of tangible assets and mineral interests\t(15857)\t(1092)\t(744)\t(27)\t0\t(17720)\nOperating income\t(2941)\t4544\t1758\t(667)\t0\t2694\nEquity in net income (loss) of affiliates and other items\t2019\t1780\t297\t522\t0\t4618\nTax on net operating income\t(294)\t(1105)\t(585)\t171\t0\t(1813)\nNet operating income\t(1216)\t5219\t1470\t26\t0\t5499\nNet cost of net debt\t\t\t\t\t\t(713)\nNon-controlling interests\t\t\t\t\t\t301\nNet income\t\t\t\t\t\t5087\nFor the year ended December 31 2015 (adjustments)(a) (M$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tIntercompany\tTotal\nNon-Group sales\t(519)\t0\t0\t0\t0\t(519)\nIntersegment sales\t0\t0\t0\t0\t0\t0\nExcise taxes\t0\t0\t0\t0\t0\t0\nRevenues from sales\t(519)\t0\t0\t0\t0\t(519)\nOperating expenses\t(564)\t(1035)\t(316)\t0\t0\t(1915)\nDepreciation depletion and impairment of tangible assets and mineral interests\t(6783)\t(70)\t(24)\t0\t0\t(6877)\nOperating income(b)\t(7866)\t(1105)\t(340)\t0\t0\t(9311)\nEquity in net income (loss) of affiliates and other items\t(264)\t1172\t24\t(19)\t0\t913\nTax on net operating income\t2140\t263\t87\t7\t0\t2497\nNet operating income(b)\t(5990)\t330\t(229)\t(12)\t0\t(5901)\nNet cost of net debt\t\t\t\t\t\t(11)\nNon-controlling interests\t\t\t\t\t\t481\nNet income\t\t\t\t\t\t(5431)\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(859)\t(254)\t0\t\t\nOn net operating income\t0\t(590)\t(169)\t0\t\t\n", "q10k_tbl_90": "For the year ended December 31 2015 (adjusted) (M$)(a)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tIntercompany\tTotal\nNon-Group sales\t17359\t70623\t77887\t7\t0\t165876\nIntersegment sales\t17927\t26794\t911\t218\t(45850)\t0\nExcise taxes\t0\t(4107)\t(17829)\t0\t0\t(21936)\nRevenues from sales\t35286\t93310\t60969\t225\t(45850)\t143940\nOperating expenses\t(21287)\t(86639)\t(58151)\t(865)\t45850\t(121092)\nDepreciation depletion and impairment of tangible assets and mineral interests\t(9074)\t(1022)\t(720)\t(27)\t0\t(10843)\nAdjusted operating income\t4925\t5649\t2098\t(667)\t0\t12005\nEquity in net income (loss) of affiliates and other items\t2283\t608\t273\t541\t0\t3705\nTax on net operating income\t(2434)\t(1368)\t(672)\t164\t0\t(4310)\nAdjusted net operating income\t4774\t4889\t1699\t38\t0\t11400\nNet cost of net debt\t\t\t\t\t\t(702)\nNon-controlling interests\t\t\t\t\t\t(180)\nAdjusted net income\t\t\t\t\t\t10518\nAdjusted fully-diluted earnings per share ($)\t\t\t\t\t\t4.51\n(a) Except for earnings per share.\t\t\t\t\t\t\nFor the year ended December 31 2015 (M$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tIntercompany\tTotal\nTotal expenditures\t24270\t1843\t1841\t79\t0\t28033\nTotal divestments\t3215\t3488\t856\t25\t0\t7584\nCash flow from operating activities\t11182\t6432\t2323\t9\t0\t19946\nBalance sheet as of December 31 2015\t\t\t\t\t\t\nProperty plant and equipment intangible assets net\t108218\t9317\t6223\t309\t0\t124067\nInvestments & loans in equity affiliates\t15170\t3028\t1186\t0\t0\t19384\nOther non-current assets\t7626\t640\t1753\t(441)\t0\t9578\nWorking capital\t1928\t1828\t997\t(2977)\t0\t1776\nProvisions and other non-current liabilities\t(27844)\t(3784)\t(1858)\t(150)\t0\t(33636)\nAssets and liabilities classified as held for sale\t482\t0\t344\t0\t0\t826\nCapital Employed (balance sheet)\t105580\t11029\t8645\t(3259)\t0\t121995\nLess inventory valuation effect\t0\t(622)\t(230)\t0\t0\t(852)\nCapital Employed (Business segment information)\t105580\t10407\t8415\t(3259)\t0\t121143\nROACE as a percentage\t5%\t41%\t20%\t0\t0\t9%\n", "q10k_tbl_91": "For the year ended December 31 2014 (M$)\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 impairment 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$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tIntercompany\tTotal\nNon-Group sales\t31\t0\t0\t0\t0\t31\nIntersegment sales\t0\t0\t0\t0\t0\t0\nExcise taxes\t0\t0\t0\t0\t0\t0\nRevenues from sales\t31\t0\t0\t0\t0\t31\nOperating expenses\t(164)\t(2980)\t(551)\t0\t0\t(3695)\nDepreciation depletion and impairment of tangible assets and mineral interests\t(6529)\t(1450)\t0\t0\t0\t(7979)\nOperating income(b)\t(6662)\t(4430)\t(551)\t0\t0\t(11643)\nEquity in net income (loss) of affiliates and other items\t883\t(282)\t(203)\t0\t0\t398\nTax on net operating income\t1272\t1013\t174\t0\t0\t2459\nNet operating income(b)\t(4507)\t(3699)\t(580)\t0\t0\t(8786)\nNet cost of net debt\t\t\t\t\t\t0\nNon-controlling interests\t\t\t\t\t\t193\nNet income\t\t\t\t\t\t(8593)\n(a) Adjustments include special items inventory valuation effect and the effect of changes in fair value.\t\t\t\t\t\t\n(b) Of which inventory valuation effect\t\t\t\t\t\t\nOn operating income\t0\t(2944)\t(525)\t0\t\t\nOn net operating income\t0\t(2114)\t(384)\t0\t\t\n", "q10k_tbl_92": "For the year ended December 31 2014 (adjusted) (M$)(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 impairment 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)\nAjusted net income\t\t\t\t\t\t12837\nAdjusted fully-diluted earnings per share ($)\t\t\t\t\t\t5.63\n(a) Except for earnings per share.\t\t\t\t\t\t\nFor the year ended December 31 2014 (M$)\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_93": "For the year ended December 31 2013 (M$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tIntercompany\tTotal\nNon-Group sales\t26367\t114483\t110873\t2\t0\t251725\nIntersegment sales\t37650\t52275\t2159\t177\t(92261)\t0\nExcise taxes\t0\t(4814)\t(18942)\t0\t0\t(23756)\nRevenues from sales\t64017\t161944\t94090\t179\t(92261)\t227969\nOperating expenses\t(31875)\t(160031)\t(91343)\t(794)\t92261\t(191782)\nDepreciation depletion and impairment of tangible assets and mineral interests\t(9484)\t(1736)\t(733)\t(41)\t0\t(11994)\nOperating income\t22658\t177\t2014\t(656)\t0\t24193\nEquity in net income (loss) of affiliates and other items\t2688\t181\t55\t(25)\t0\t2899\nTax on net operating income\t(13706)\t(612)\t(560)\t(29)\t0\t(14907)\nNet operating income\t11640\t(254)\t1509\t(710)\t0\t12185\nNet cost of net debt\t\t\t\t\t\t(664)\nNon-controlling interests\t\t\t\t\t\t(293)\nNet income\t\t\t\t\t\t11228\nFor the year ended December 31 2013 (adjustments)(a) (M$)\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 impairment 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", "q10k_tbl_94": "For the year ended December 31 2013 (adjusted) (M$)(a)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tIntercompany\tTotal\nNon-Group sales\t26441\t114483\t110873\t2\t0\t251799\nIntersegment sales\t37650\t52275\t2159\t177\t(92261)\t0\nExcise taxes\t0\t(4814)\t(18942)\t0\t0\t(23756)\nRevenues from sales\t64091\t161944\t94090\t179\t(92261)\t228043\nOperating expenses\t(31762)\t(158626)\t(91209)\t(794)\t92261\t(190130)\nDepreciation depletion and impairment of tangible assets and mineral interests\t(8629)\t(1552)\t(729)\t(41)\t0\t(10951)\nAdjusted operating income\t23700\t1766\t2152\t(656)\t0\t26962\nEquity in net income (loss) of affiliates and other items\t2993\t449\t51\t9\t0\t3502\nTax on net operating income\t(14243)\t(358)\t(649)\t16\t0\t(15234)\nAdjusted net operating income\t12450\t1857\t1554\t(631)\t0\t15230\nNet cost of net debt\t\t\t\t\t\t(664)\nNon-controlling interests\t\t\t\t\t\t(274)\nAdjusted net income\t\t\t\t\t\t14292\nAdjusted fully-diluted earnings per share ($)\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$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tIntercompany\tTotal\nTotal expenditures\t29750\t2708\t1814\t159\t0\t34431\nTotal divestments\t5786\t365\t186\t62\t0\t6399\nCash flow from operating activities\t21857\t4260\t2557\t(161)\t0\t28513\nBalance sheet as of December 31 2013\t\t\t\t\t\t\nProperty plant and equipment intangible assets net\t103667\t12407\t6441\t360\t0\t122875\nInvestments & loans in equity affiliates\t15862\t3542\t1013\t0\t0\t20417\nOther non-current assets\t5691\t1427\t2014\t778\t0\t9910\nWorking capital\t(327)\t10458\t3779\t(2729)\t0\t11181\nProvisions and other non-current liabilities\t(31574)\t(4437)\t(2303)\t(1288)\t0\t(39602)\nAssets and liabilities classified as held for sale\t2210\t0\t0\t0\t0\t2210\nCapital Employed (balance sheet)\t95529\t23397\t10944\t(2879)\t0\t126991\nLess inventory valuation effect\t0\t(3645)\t(893)\t(2)\t0\t(4540)\nCapital Employed (Business segment information)\t95529\t19752\t10051\t(2881)\t0\t122451\nROACE as a percentage\t14%\t9%\t16%\t0\t0\t13%\n", "q10k_tbl_95": "For the year ended December 31 (M$)\t2015\t2014\t2013\nAdjusted net income - Group share\t10518\t12837\t14292\nAdjusted non-controlling interests\t180\t199\t274\nAdjusted consolidated net income\t10698\t13036\t14566\nShareholders' equity - Group share\t92494\t90330\t100241\nDistribution of the income based on existing shares at the closing date\t(1545)\t(1686)\t(1908)\nNon-controlling interests\t2915\t3201\t3138\nAdjusted shareholders' equity(a)\t93864\t91845\t101471\nROE\t11.5%\t13.5%\t14.9%\n", "q10k_tbl_96": "For the year ended December 31 2015 (M$)\tAdjusted\tAdjustments(a)\tConsolidated statement of income\nSales\t165876\t(519)\t165357\nExcise taxes\t(21936)\t0\t(21936)\nRevenues from sales\t143940\t(519)\t143421\nPurchases net of inventory variation\t(95558)\t(1113)\t(96671)\nOther operating expenses\t(23984)\t(361)\t(24345)\nExploration costs\t(1550)\t(441)\t(1991)\nDepreciation depletion and impairment of tangible assets and mineral interests\t(10843)\t(6877)\t(17720)\nOther income\t1468\t2138\t3606\nOther expense\t(405)\t(1172)\t(1577)\nFinancial interest on debt\t(956)\t(11)\t(967)\nFinancial income from marketable securities & cash equivalents\t94\t0\t94\nCost of net debt\t(862)\t(11)\t(873)\nOther financial income\t882\t0\t882\nOther financial expense\t(654)\t0\t(654)\nEquity in net income (loss) of affiliates\t2414\t(53)\t2361\nIncome taxes\t(4150)\t2497\t(1653)\nConsolidated net income\t10698\t(5912)\t4786\nGroup share\t10518\t(5431)\t5087\nNon-controlling interests\t180\t(481)\t(301)\n", "q10k_tbl_97": "For the year ended December 31 2014 (M$)\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 impairment 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_98": "For the year ended December 31 2013 (M$)\tAdjusted\tAdjustments(a)\tConsolidated statement of income\nSales\t251799\t(74)\t251725\nExcise taxes\t(23756)\t0\t(23756)\nRevenues from sales\t228043\t(74)\t227969\nPurchases net of inventory variation\t(159784)\t(1065)\t(160849)\nOther operating expenses\t(28177)\t(587)\t(28764)\nExploration costs\t(2169)\t0\t(2169)\nDepreciation depletion and impairment of tangible assets and mineral interests\t(10951)\t(1043)\t(11994)\nOther income\t647\t1643\t2290\nOther expense\t(574)\t(2226)\t(2800)\nFinancial interest on debt\t(889)\t0\t(889)\nFinancial income from marketable securities & cash equivalents\t85\t0\t85\nCost of net debt\t(804)\t0\t(804)\nOther financial income\t696\t0\t696\nOther financial expense\t(702)\t0\t(702)\nEquity in net income (loss) of affiliates\t3435\t(20)\t3415\nIncome taxes\t(15094)\t327\t(14767)\nConsolidated net income\t14566\t(3045)\t11521\nGroup share\t14292\t(3064)\t11228\nNon-controlling interests\t274\t19\t293\n", "q10k_tbl_99": "Adjustments to operating income For the year ended December 31 2015 (M$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tTotal\nInventory valuation effect\t0\t(859)\t(254)\t0\t(1113)\nEffect of changes in fair value\t(16)\t0\t0\t0\t(16)\nRestructuring charges\t(43)\t0\t(5)\t0\t(48)\nAsset impairment charges\t(6783)\t(70)\t(24)\t0\t(6877)\nOther items\t(1024)\t(176)\t(57)\t0\t(1257)\nTotal\t(7866)\t(1105)\t(340)\t0\t(9311)\nAdjustments to net income Group share For the year ended December 31 2015 (M$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tTotal\nInventory valuation effect\t0\t(590)\t(157)\t0\t(747)\nEffect of changes in fair value\t(9)\t0\t0\t0\t(9)\nRestructuring charges\t(10)\t(52)\t(10)\t0\t(72)\nAsset impairment charges\t(5249)\t(59)\t(127)\t(12)\t(5447)\nGains (losses) on disposals of assets\t162\t1288\t360\t0\t1810\nOther items\t(516)\t(257)\t(193)\t0\t(966)\nTotal\t(5622)\t330\t(127)\t(12)\t(5431)\nAdjustments to operating income For the year ended December 31 2014 (M$)\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)\nAdjustments to net income Group share For the year ended December 31 2014 (M$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tTotal\nInventory valuation effect\t0\t(2114)\t(339)\t0\t(2453)\nEffect of changes in fair value\t25\t0\t0\t0\t25\nRestructuring charges\t0\t(13)\t(7)\t0\t(20)\nAsset impairment charges\t(5514)\t(1409)\t(140)\t0\t(7063)\nGains (losses) on disposals of assets\t1314\t(105)\t0\t0\t1209\nOther items\t(193)\t(58)\t(40)\t0\t(291)\nTotal\t(4368)\t(3699)\t(526)\t0\t(8593)\nAdjustments to operating income For the year ended December 31 2013 (M$)\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)\nAdjustments to net income Group share For the year ended December 31 2013 (M$)\tUpstream\tRefining & Chemicals\tMarketing & Services\tCorporate\tTotal\nInventory valuation effect\t0\t(656)\t(72)\t0\t(728)\nEffect of changes in fair value\t(58)\t0\t0\t0\t(58)\nRestructuring charges\t0\t(537)\t(30)\t0\t(567)\nAsset impairment charges\t(581)\t(183)\t(9)\t0\t(773)\nGains (losses) on disposals of assets\t(58)\t(59)\t0\t0\t(117)\nOther items\t(113)\t(676)\t47\t(79)\t(821)\nTotal\t(810)\t(2111)\t(64)\t(79)\t(3064)\n", "q10k_tbl_100": "(M$)\tFrance\tRest of Europe\tNorth America\tAfrica\tRest of the world\tTotal\nFor the year ended December 31 2015\t\t\t\t\t\t\nNon-Group sales\t36536\t79463\t14857\t17612\t16889\t165357\nProperty plant and equipment intangible assets net\t4123\t22354\t17169\t43536\t36885\t124067\nCapital expenditures\t980\t4783\t3493\t9154\t9623\t28033\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\n", "q10k_tbl_101": "For the year ended December 31 (M$)\t2015\t2014\t2013\nPurchases net of inventory variation(a)(b)\t(96671)\t(152975)\t(160849)\nExploration costs\t(1991)\t(1964)\t(2169)\nOther operating expenses(c)\t(24345)\t(28349)\t(28764)\nof which non-current operating liabilities (allowances) reversals\t858\t717\t184\nof which current operating liabilities (allowances) reversals\t(86)\t(147)\t6\nOperating expenses\t(123007)\t(183288)\t(191782)\n", "q10k_tbl_102": "For the year ended December 31 (M$)\t2015\t2014\t2013\nGains on disposal of assets\t2658\t2085\t1991\nForeign exchange gains\t663\t216\t9\nOther\t285\t276\t290\nOther income\t3606\t2577\t2290\nLosses on disposal of assets\t(199)\t(106)\t(1911)\nForeign exchange losses\t(102)\t0\t0\nAmortization of other intangible assets (excl. mineral interests)\t(332)\t(254)\t(292)\nOther\t(944)\t(594)\t(597)\nOther expense\t(1577)\t(954)\t(2800)\n", "q10k_tbl_103": "As of December 31 (M$)\t2015\t2014\t2013\nDividend income on non-consolidated subsidiaries\t267\t282\t202\nCapitalized financial expenses\t364\t348\t343\nOther\t251\t191\t151\nOther financial income\t882\t821\t696\nAccretion of asset retirement obligations\t(513)\t(543)\t(584)\nOther\t(141)\t(133)\t(118)\nOther financial expense\t(654)\t(676)\t(702)\n", "q10k_tbl_104": "For the year ended December 31 (M$)\t2015\t2014\t2013\nCurrent income taxes\t(4552)\t(10904)\t(13607)\nDeferred income taxes\t2899\t2290\t(1160)\nTotal income taxes\t(1653)\t(8614)\t(14767)\n", "q10k_tbl_105": "As of December 31 (M$)\t2015\t2014\t2013\nNet operating losses and tax carry forwards\t4849\t5213\t4586\nEmployee benefits\t1260\t1770\t1641\nOther temporary non-deductible provisions\t6481\t6258\t5992\nDifferences in depreciations\t(15932)\t(18129)\t(20948)\nOther temporary tax deductions\t(1795)\t(2542)\t(3267)\nValuation allowance\t(3241)\t(3301)\t(2016)\nNet deferred tax liability\t(8378)\t(10731)\t(14012)\n", "q10k_tbl_106": "As of December 31 (M$)\t2015\t2014\t2013\nDeferred tax assets non-current\t3982\t4079\t3838\nDeferred tax liabilities non-current\t(12360)\t(14810)\t(17850)\nNet amount\t(8378)\t(10731)\t(14012)\n", "q10k_tbl_107": "As of December 31 (M$)\t2015\t2014\t2013\nOpening balance\t(10731)\t(14012)\t(13024)\nDeferred tax on income\t2899\t2290\t(1160)\nDeferred tax on shareholders' equity(a)\t(225)\t562\t(349)\nChanges in scope of consolidation(b)\t(552)\t356\t153\nCurrency translation adjustment\t231\t73\t368\nClosing balance\t(8378)\t(10731)\t(14012)\n", "q10k_tbl_108": "For the year ended December 31 (M$)\t2015\t2014\t2013\nConsolidated net income\t4786\t4250\t11521\nProvision for income taxes\t1653\t8614\t14767\nPre-tax income\t6439\t12864\t26288\nFrench statutory tax rate\t38.00%\t38.00%\t38.00%\nTheoretical tax charge\t(2447)\t(4888)\t(9989)\nDifference between French and foreign income tax rates\t(6)\t(4256)\t(6131)\nTax effect of equity in income (loss) of affiliates\t897\t1012\t1298\nPermanent differences\t(371)\t833\t1130\nAdjustments on prior years income taxes\t100\t33\t0\nAdjustments on deferred tax related to changes in tax rates\t483\t(1)\t3\nChanges in valuation allowance of deferred tax assets\t(309)\t(1347)\t(1078)\nNet provision for income taxes\t(1653)\t(8614)\t(14767)\n", "q10k_tbl_109": "\t2015\t\t2014\t\t2013\t\nAs of December 31 (M$)\tBasis\tTax\tBasis\tTax\tBasis\tTax\n2014\t0\t0\t0\t0\t491\t236\n2015\t0\t0\t443\t218\t372\t178\n2016\t396\t193\t306\t151\t226\t105\n2017\t617\t248\t623\t229\t565\t185\n2018(a)\t489\t182\t424\t143\t4435\t1332\n2019(b)\t15\t3\t3313\t899\t0\t0\n2020 and after\t3289\t948\t0\t0\t0\t0\nUnlimited\t9656\t3275\t9906\t3573\t7593\t2550\nTotal\t14462\t4849\t15015\t5213\t13682\t4586\n", "q10k_tbl_110": "\tTax\t\t\t\t\nAs of December 31 2015 (M$)\tUnited Kingdom\tFrance\tCanada\tAustralia\tBelgium\n2016\t0\t0\t0\t0\t5\n2017\t0\t0\t0\t0\t134\n2018\t0\t0\t0\t0\t126\n2019\t0\t0\t0\t0\t0\n2020 and after\t0\t0\t649\t0\t9\nUnlimited\t1019\t864\t215\t684\t235\nTotal\t1019\t864\t864\t684\t509\n", "q10k_tbl_111": "As of December 31 2015 (M$)\tCost\tAmortization and impairment\tNet\nGoodwill\t1597\t(971)\t626\nProved mineral interests\t12800\t(6436)\t6364\nUnproved mineral interests\t11751\t(5082)\t6669\nOther intangible assets\t4059\t(3169)\t890\nTotal intangible assets\t30207\t(15658)\t14549\n", "q10k_tbl_112": "As of December 31 2014 (M$)\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_113": "As of December 31 2013 (M$)\tCost\tAmortization and impairment\tNet\nGoodwill\t2512\t(1263)\t1249\nProved mineral interests\t12309\t(5003)\t7306\nUnproved mineral interests\t10430\t(1785)\t8645\nOther intangible assets\t4978\t(3783)\t1195\nTotal intangible assets\t30229\t(11834)\t18395\n", "q10k_tbl_114": "(M$)\tNet amount as of January 1\tAcquisitions\tDisposals\tAmortization and impairment\tCurrency translation adjustment\tOther\tNet amount as of December 31\n2015\t14682\t2750\t(343)\t(2324)\t(200)\t(16)\t14549\n2014\t18395\t1000\t(178)\t(3920)\t(276)\t(339)\t14682\n2013\t16965\t3648\t(388)\t(1527)\t(10)\t(293)\t18395\n", "q10k_tbl_115": "(M$)\tNet goodwill as of January 1 2015\tIncreases\tImpairments\tOther\tNet goodwill as of December 31 2015\nUpstream\t0\t0\t0\t0\t0\nRefining & Chemicals\t485\t10\t0\t(25)\t470\nMarketing & Services\t104\t37\t0\t(12)\t129\nCorporate\t30\t0\t0\t(3)\t27\nTotal\t619\t47\t0\t(40)\t626\n", "q10k_tbl_116": "As of December 31 2015 (M$)\tCost\tDepreciation and impairment\tNet\nUpstream properties\t\t\t\nProved properties\t153530\t(94843)\t58687\nUnproved properties\t2423\t0\t2423\nWork in progress\t36246\t(2284)\t33962\nSubtotal\t192199\t(97127)\t95072\nOther property plant and equipment\t\t\t\nLand\t1551\t(581)\t970\nMachinery plant and equipment (including transportation equipment)\t28723\t(22975)\t5748\nBuildings\t7655\t(5018)\t2637\nWork in progress\t2705\t(128)\t2577\nOther\t8182\t(5668)\t2514\nSubtotal\t48816\t(34370)\t14446\nTotal property plant and equipment\t241015\t(131497)\t109518\n", "q10k_tbl_117": "As of December 31 2014 (M$)\tCost\tDepreciation and impairment\tNet\nUpstream properties\t\t\t\nProved properties\t139294\t(86326)\t52968\nUnproved properties\t2153\t0\t2153\nWork in progress\t38698\t(1574)\t37124\nSubtotal\t180145\t(87900)\t92245\nOther property plant and equipment\t\t\t\nLand\t1683\t(613)\t1070\nMachinery plant and equipment (including transportation equipment)\t30966\t(24874)\t6092\nBuildings\t8141\t(5291)\t2850\nWork in progress\t2367\t(324)\t2043\nOther\t8673\t(6097)\t2576\nSubtotal\t51830\t(37199)\t14631\nTotal property plant and equipment\t231975\t(125099)\t106876\n", "q10k_tbl_118": "As of December 31 2013 (M$)\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_119": "(M$)\tNet amount as of January 1\tAcquisitions\tDisposals\tDepreciation and impairment\tCurrency translation adjustment\tOther\tNet amount as of December 31\n2015\t106876\t22382\t(1842)\t(17010)\t(3449)\t2561\t109518\n2014\t104480\t25320\t(2211)\t(16939)\t(4438)\t664\t106876\n2013\t91477\t26100\t(2828)\t(11831)\t(361)\t1923\t104480\n", "q10k_tbl_120": "As of December 31 2015 (M$)\tCost\tDepreciation and impairment\tNet\nMachinery plant and equipment\t426\t(384)\t42\nBuildings\t95\t(38)\t57\nOther\t175\t(31)\t144\nTotal\t696\t(453)\t243\n", "q10k_tbl_121": "As of December 31 2014 (M$)\tCost\tDepreciation and impairment\tNet\nMachinery plant and equipment\t520\t(443)\t77\nBuildings\t72\t(45)\t27\nOther\t245\t(29)\t216\nTotal\t837\t(517)\t320\n", "q10k_tbl_122": "As of December 31 2013 (M$)\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\n", "q10k_tbl_123": "Equity value As of December 31 (M$)\t2015\t2014\t2013\nTotal Associates\t11255\t11632\t13717\nTotal Joint ventures\t3751\t3016\t3146\nTotal\t15006\t14648\t16863\nLoans\t4378\t4626\t3554\nTotal\t19384\t19274\t20417\n", "q10k_tbl_124": "Equity share in profit/(loss) As of December 31 (M$)\t2015\t2014\t2013\nTotal Associates\t2004\t2786\t3238\nTotal Joint ventures\t357\t(124)\t177\nTotal\t2361\t2662\t3415\n", "q10k_tbl_125": "Other comprehensive income As of December 31 (M$)\t2015\t2014\t2013\nTotal Associates\t139\t(1532)\t(669)\nTotal Joint ventures\t(19)\t(6)\t(136)\nTotal\t120\t(1538)\t(805)\n", "q10k_tbl_126": "\tNovatek(a)\t\t\tLiquefaction entities\t\t\tPetroCedeño\t\t\n(M$)\t2015\t2014\t2013\t2015\t2014\t2013\t2015\t2014\t2013\nNon current assets\t9768\t9551\t13617\t33294\t33909\t31680\t6916\t6458\t6263\nCurrent assets\t2237\t1648\t2829\t7427\t9007\t7684\t3437\t10033\t5059\nTotal Assets\t12005\t11199\t16446\t40721\t42916\t39364\t10353\t16491\t11322\nShareholder's equity\t6745\t7135\t10683\t25941\t25090\t23256\t5538\t5597\t5581\nNon current liabilities\t3014\t3352\t4934\t9373\t10876\t11474\t10\t274\t186\nCurrent liabilities\t2246\t712\t829\t5407\t6950\t4634\t4805\t10620\t5555\nTotal Liabilities\t12005\t11199\t16446\t40721\t42916\t39364\t10353\t16491\t11322\nRevenue from sales\t7130\t9222\t9355\t22731\t39502\t38728\t1840\t3644\t4117\nNet income\t1755\t2759\t2647\t7720\t14269\t14381\t399\t343\t600\nOther comprehensive income\t(1682)\t(5431)\t(697)\t0\t0\t0\t0\t0\t0\n% owned\t18.90%\t18.24%\t16.96%\t\t\t\t30.32%\t30.32%\t30.32%\nRevaluation identifiable assets on equity afiliates\t1580\t1944\t3545\t0\t0\t0\t0\t0\t0\nEquity value\t2855\t3245\t5357\t4183\t4130\t3625\t1679\t1697\t1692\nEquity share in profit/(loss)\t229\t193\t221\t978\t2125\t2027\t121\t104\t182\nEquity other comprehensive income\t(135)\t(1844)\t(621)\t156\t200\t(21)\t0\t0\t0\nDividends paid to the Group\t102\t126\t102\t1072\t1687\t1579\t139\t99\t182\n", "q10k_tbl_127": "\tSaudi Aramco Total Refining & Petrochemicals\t\t\tQatar\t\t\n(M$)\t2015\t2014\t2013\t2015\t2014\t2013\nNon current assets\t12536\t12654\t12356\t2530\t3020\t2867\nCurrent assets\t960\t1250\t1331\t968\t1385\t1277\nTotal Assets\t13496\t13904\t13687\t3498\t4405\t4144\nShareholder's equity\t2011\t1672\t1485\t2803\t2930\t2629\nNon current liabilities\t9873\t9584\t10441\t356\t409\t481\nCurrent liabilities\t1612\t2648\t1761\t339\t1066\t1034\nTotal Liabilities\t13496\t13904\t13687\t3498\t4405\t4144\nRevenue from sales\t8032\t7061\t0\t1823\t1817\t2161\nNet income\t339\t(113)\t(89)\t631\t875\t1009\nOther comprehensive income\t0\t0\t0\t2\t0\t0\n% owned\t37.50%\t37.50%\t37.50%\t\t\t\nRevaluation identifiable assets on equity affiliates\t0\t0\t0\t0\t0\t0\nEquity value\t754\t627\t557\t818\t850\t798\nEquity share in profit/(loss)\t127\t(42)\t(33)\t208\t312\t346\nEquity other comprehensive income\t77\t89\t(35)\t28\t25\t(8)\nDividends paid to the Group\t0\t0\t0\t248\t261\t224\n", "q10k_tbl_128": "\tLiquefaction entities (Upstream)\t\t\tHanwha Total Petrochemicals (Refining & Chemicals)\t\t\n(M$)\t2015\t2014\t2013\t2015\t2014\t2013\nNon current assets\t35341\t23326\t12569\t3543\t3754\t3785\nCurrent assets excluding cash and cash equivalents\t455\t731\t52\t1501\t1972\t1335\nCash and cash equivalents\t501\t516\t359\t240\t149\t157\nTotal Assets\t36297\t24573\t12980\t5284\t5875\t5277\nShareholder's equity\t1840\t1198\t862\t2609\t2323\t2336\nOther non current liabilities\t349\t225\t7\t107\t126\t83\nNon current financial debts\t32996\t21596\t10696\t1388\t1793\t1382\nOther current liabilities\t1112\t1269\t1415\t713\t705\t706\nCurrent financial debts\t0\t285\t0\t467\t928\t770\nTotal Liabilities\t36297\t24573\t12980\t5284\t5875\t5277\nRevenue from sales\t32\t5\t7\t7307\t8366\t7188\nDepreciation and amortization\t(14)\t(5)\t0\t(247)\t(223)\t(199)\nInterest income\t10\t2\t0\t0\t1\t0\nInterest expense\t(10)\t(1)\t0\t(64)\t(45)\t(21)\nIncome taxes\t(81)\t50\t0\t(192)\t(114)\t(98)\nNet income\t279\t36\t(93)\t514\t79\t377\nOther comprehensive income\t61\t0\t(295)\t(186)\t(94)\t47\n% owned\t\t\t\t50.00%\t50.00%\t50.00%\nRevaluation identifiable assets on equity affiliates\t965\t874\t978\t0\t0\t0\nEquity value\t1355\t1130\t1164\t1305\t1161\t1169\nEquity share in profit/(loss)\t55\t10\t(21)\t257\t40\t189\nEquity other comprehensive income\t18\t(26)\t(137)\t(75)\t(24)\t14\nDividends paid to the Group\t0\t0\t0\t20\t0\t45\n", "q10k_tbl_129": "\t2015\t\t2014\t\t2013\t\nAs of December 31 (M$)\tAssociates\tJoint ventures\tAssociates\tJoint ventures\tAssociates\tJoint ventures\nNon Current assets\t3491\t2005\t3502\t1456\t4018\t1460\nCurrent assets\t1440\t860\t1478\t1283\t1498\t1521\nTotal Assets\t4931\t2865\t4980\t2739\t5516\t2981\nShareholder's equity\t966\t1091\t1083\t725\t1688\t813\nNon current liabilities\t2612\t951\t2348\t877\t2227\t1050\nCurrent liabilities\t1353\t823\t1549\t1137\t1601\t1118\nTotal Liabilities\t4931\t2865\t4980\t2739\t5516\t2981\n", "q10k_tbl_130": "\t2015\t\t2014\t\t2013\t\nFor the year ended December 31 (M$)\tAssociates\tJoint ventures\tAssociates\tJoint ventures\tAssociates\tJoint ventures\nRevenues from sales\t2661\t3362\t4124\t4473\t3910\t5512\nNet income\t341\t45\t95\t(175)\t495\t9\nShare of other comprehensive income items\t13\t38\t(2)\t44\t16\t(13)\nEquity value\t966\t1091\t1083\t725\t1688\t813\nDividends paid to the Group\t442\t22\t470\t43\t446\t48\n", "q10k_tbl_131": "As of December 31 2015 (M$)\tCarrying amount\tUnrealized gain (loss)\tBalance sheet value\nAreva(a)\t22\t0\t22\nOther publicly traded equity securities\t9\t28\t37\nTotal publicly traded equity securities(b)\t31\t28\t59\nBBPP\t62\t0\t62\nBTC Limited\t121\t0\t121\nDUNKERQUE LNG SAS\t116\t0\t116\nOther equity securities\t883\t0\t883\nTotal other equity securities(b)\t1182\t0\t1182\nOther investments\t1213\t28\t1241\n", "q10k_tbl_132": "As of December 31 2014 (M$)\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\nDUNKERQUE LNG SAS\t100\t0\t100\nOther equity securities\t1021\t0\t1021\nTotal other equity securities(b)\t1315\t0\t1315\nOther investments\t1380\t19\t1399\n", "q10k_tbl_133": "As of December 31 (M$)\tCarrying amount\tUnrealized gain (loss)\tBalance sheet value\nAreva(a)\t51\t44\t95\nOlympia Energy Fund - energy investment fund\t50\t(10)\t40\nOther publicly traded equity securities\t10\t15\t25\nTotal publicly traded equity securities(b)\t111\t49\t160\nBBPP\t80\t0\t80\nBTC Limited\t144\t0\t144\nDUNKERQUE LNG SAS\t58\t0\t58\nOther equity securities\t1224\t0\t1224\nTotal other equity securities(b)\t1506\t0\t1506\nOther investments\t1617\t49\t1666\n", "q10k_tbl_134": "As of December 31 2015 (M$)\tGross value\tValuation allowance\tNet value\nLoans and advances(a)\t3687\t(280)\t3407\nOther\t948\t0\t948\nTotal\t4635\t(280)\t4355\n", "q10k_tbl_135": "As of December 31 2014 (M$)\tGross value\tValuation allowance\tNet value\nLoans and advances(a)\t3998\t(672)\t3326\nOther\t866\t0\t866\nTotal\t4864\t(672)\t4192\n", "q10k_tbl_136": "As of December 31 2013 (M$)\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_137": "For the year ended December 31 (M$)\tValuation allowance as of January 1\tIncreases\tDecreases\tCurrency translation adjustment and other variations\tValuation allowance as of December 31\n2015\t(672)\t(62)\t393\t61\t(280)\n2014\t(498)\t(63)\t102\t(213)\t(672)\n2013\t(509)\t(21)\t9\t23\t(498)\n", "q10k_tbl_138": "As of December 31 2015 (M$)\tGross value\tValuation allowance\tNet value\nCrude oil and natural gas\t1788\t(59)\t1729\nRefined products\t4177\t(130)\t4047\nChemicals products\t989\t(72)\t917\nTrading inventories\t3168\t0\t3168\nOther inventories\t4062\t(807)\t3255\nTotal\t14184\t(1068)\t13116\n", "q10k_tbl_139": "As of December 31 2014 (M$)\tGross value\tValuation allowance\tNet value\nCrude oil and natural gas\t2697\t(188)\t2509\nRefined products\t5922\t(422)\t5500\nChemicals products\t1119\t(85)\t1034\nTrading inventories\t2950\t0\t2950\nOther inventories\t3903\t(700)\t3203\nTotal\t16591\t(1395)\t15196\n", "q10k_tbl_140": "As of December 31 2013 (M$)\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_141": "For the year ended December 31 (M$)\tValuation allowance as of January 1\tIncrease (net)\tCurrency translation adjustment and other variations\tValuation allowance as of December 31\n2015\t(1395)\t256\t71\t(1068)\n2014\t(1022)\t(495)\t122\t(1395)\n2013\t(868)\t(158)\t4\t(1022)\n", "q10k_tbl_142": "As of December 31 2015 (M$)\tGross value\tValuation allowance\tNet value\nAccounts receivable\t11173\t(544)\t10629\nRecoverable taxes\t3328\t0\t3328\nOther operating receivables\t11335\t(426)\t10909\nPrepaid expenses\t1554\t0\t1554\nOther current assets\t52\t0\t52\nOther current assets\t16269\t(426)\t15843\n", "q10k_tbl_143": "As of December 31 2014 (M$)\tGross value\tValuation allowance\tNet value\nAccounts receivable\t16306\t(602)\t15704\nRecoverable taxes\t3242\t0\t3242\nOther operating receivables\t11159\t(367)\t10792\nPrepaid expenses\t1609\t0\t1609\nOther current assets\t59\t0\t59\nOther current assets\t16069\t(367)\t15702\n", "q10k_tbl_144": "As of December 31 2013 (M$)\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_145": "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\n2015\t(602)\t5\t53\t(544)\n2014\t(743)\t46\t95\t(602)\n2013\t(623)\t(117)\t(3)\t(743)\nOther current assets\t\t\t\t\n2015\t(367)\t(79)\t20\t(426)\n2014\t(154)\t(221)\t8\t(367)\n2013\t(340)\t163\t23\t(154)\n", "q10k_tbl_146": "As 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\t\t2385267525\nShares issued in connection with:\tCapital increase reserved for employees\t10479410\n\tCapital increase within stock dividend (2014 remainder and first interim dividend for 2015)\t42841342\n\tExercise of TOTAL share subscription options\t1469606\nAs of December 31 2015(a)\t\t2440057883\n", "q10k_tbl_147": "\t2015\t2014\t2013\nNumber of shares as of January 1\t2385267525\t2377678160\t2365933146\nNumber of shares issued during the year (pro rated)\t\t\t\nExercise of TOTAL share subscription options\t662351\t3768183\t248606\nExercise of TOTAL share purchase options\t\t0\t0\nTOTAL performance shares\t103131\t2121605\t1197228\nGlobal free TOTAL share plan(a)\t\t333637\t227\nCapital increase reserved for employees\t6986273\t0\t7201477\nCapital increase within stock dividend (2014 remainder and first interim dividend for 2015)\t13343379\t\t\nTOTAL shares held by TOTAL S.A. or by its subsidiaries and deducted from shareholders' equity\t(111324719)\t(111042073)\t(110230889)\nWeighted-average number of shares\t2295037940\t2272859512\t2264349795\nDilutive effect\t\t\t\nTOTAL share subscription and purchase options\t1168644\t2119759\t554224\nTOTAL performance shares\t7647690\t3578225\t4924693\nGlobal free TOTAL share plan(a)\t\t353054\t852057\nCapital increase reserved for employees\t581268\t2093601\t862889\nWeighted-average number of diluted shares\t2304435542\t2281004151\t2271543658\n", "q10k_tbl_148": "For the year ended December 31 (M$)\t2015\t\t2014\t\t2013\t\nActuarial gains and loses\t\t557\t\t(1526)\t\t682\nTax effect\t\t(278)\t\t580\t\t(287)\nCurrency translation adjustment generated by the parent company\t\t(7268)\t\t(9039)\t\t3129\nSub-total items not potentially reclassifiable to profit & loss\t\t(6989)\t\t(9985)\t\t3524\nCurrency translation adjustment\t\t2456\t\t4245\t\t(1925)\n- Unrealized gain/(loss) of the period\t3032\t\t4413\t\t(1972)\t\n- Less gain/(loss) included in net income\t576\t\t168\t\t(47)\t\nAvailable for sale financial assets\t\t9\t\t(29)\t\t33\n- Unrealized gain/(loss) of the period\t10\t\t(39)\t\t33\t\n- Less gain/(loss) included in net income\t1\t\t(10)\t\t0\t\nCash flow hedge\t\t(185)\t\t97\t\t156\n- Unrealized gain/(loss) of the period\t(390)\t\t(198)\t\t242\t\n- Less gain/(loss) included in net income\t(205)\t\t(295)\t\t86\t\nShare of other comprehensive income of equity affiliates net amount\t\t120\t\t(1538)\t\t(805)\n- Unrealized gain/(loss) of the period\t118\t\t(1538)\t\t(805)\t\n- Less gain/(loss) included in net income\t(2)\t\t0\t\t0\t\nOther\t\t1\t\t3\t\t(12)\nTax effect\t\t53\t\t(18)\t\t(62)\nSub-total items potentially reclassifiable to profit & loss\t\t2454\t\t2760\t\t(2615)\nTotal other comprehensive income net amount\t\t(4535)\t\t(7225)\t\t909\n", "q10k_tbl_149": "As of December 31 2015 (M$)\tTotal\tEuro\tPound sterling\tRuble\tOther currencies\nCurrency translation adjustment generated by the parent company\t(7268)\t(7268)\t0\t0\t0\nCurrency translation adjustment\t2456\t3318\t(267)\t(3)\t(592)\nCurrency translation adjustment of equity affiliates\t87\t903\t16\t(718)\t(114)\nTotal currency translation adjustment recognized in comprehensive income\t(4725)\t(3047)\t(251)\t(721)\t(706)\n", "q10k_tbl_150": "As of December 31 2014 (M$)\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_151": "As of December 31 2013 (M$)\tTotal\tEuro\tPound sterling\tRuble\tOther currencies\nCurrency translation adjustment generated by the parent company\t3129\t3129\t0\t0\t0\nCurrency translation adjustment\t(1925)\t(1632)\t153\t(2)\t(444)\nCurrency translation adjustment of equity affiliates\t(768)\t(329)\t(8)\t(441)\t10\nTotal currency translation adjustment recognized in comprehensive income\t436\t1168\t145\t(443)\t(434)\n", "q10k_tbl_152": "\t2015\t\t\t2014\t\t\t2013\t\t\nFor the year ended December 31 (M$)\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\t557\t(278)\t279\t(1526)\t580\t(946)\t682\t(287)\t395\nCurrency translation adjustment generated by the parent company\t(7268)\t0\t(7268)\t(9039)\t0\t(9039)\t3129\t0\t3129\nSub-total items not potentially reclassifiable to profit & loss\t(6711)\t(278)\t(6989)\t(10565)\t580\t(9985)\t3811\t(287)\t3524\nCurrency translation adjustment\t2456\t0\t2456\t4245\t0\t4245\t(1925)\t0\t(1925)\nAvailable for sale financial assets\t9\t(5)\t4\t(29)\t15\t(14)\t33\t(8)\t25\nCash flow hedge\t(185)\t58\t(127)\t97\t(33)\t64\t156\t(54)\t102\nShare of other comprehensive income of equity affiliates net amount\t120\t0\t120\t(1538)\t0\t(1538)\t(805)\t0\t(805)\nOther\t1\t0\t1\t3\t0\t3\t(12)\t0\t(12)\nSub-total items potentially reclassifiable to profit & loss\t2401\t53\t2454\t2778\t(18)\t2760\t(2553)\t(62)\t(2615)\nTotal other comprehensive income\t(4310)\t(225)\t(4535)\t(7787)\t562\t(7225)\t1258\t(349)\t909\n", "q10k_tbl_153": "As of December 31 (M$)\t2015\t2014\t2013\nPension benefits liabilities\t2926\t3751\t3095\nOther benefits liabilities\t627\t757\t788\nRestructuring reserves (early retirement plans)\t221\t250\t352\nTotal\t3774\t4758\t4235\nNet liabilities relating to assets held for sale\t3\t208\t0\n", "q10k_tbl_154": "\tPension benefits\t\t\tOther benefits\t\t\nAs of December 31 (M$)\t2015\t2014\t2013\t2015\t2014\t2013\nChange in benefit obligation\t\t\t\t\t\t\nBenefit obligation at beginning of year\t14297\t14310\t14372\t845\t788\t927\nCurrent service cost\t271\t281\t290\t17\t16\t21\nInterest cost\t402\t560\t515\t22\t31\t31\nPast service cost\t(35)\t(84)\t12\t0\t(4)\t(68)\nSettlements\t(58)\t1\t(90)\t0\t0\t(1)\nPlan participants' contributions\t8\t11\t10\t0\t0\t0\nBenefits paid\t(653)\t(694)\t(717)\t(32)\t(38)\t(45)\nActuarial losses (gains)\t(533)\t1281\t(362)\t(71)\t127\t(92)\nForeign currency translation and other\t(1226)\t(1369)\t280\t(154)\t(75)\t15\nBenefit obligation at year-end\t12473\t14297\t14310\t627\t845\t788\nOf which plans entirely or partially funded\t11742\t13448\t13283\t0\t0\t0\nOf which plans not funded\t731\t849\t1027\t627\t845\t788\nChange in fair value of plan assets\t\t\t\t\t\t\nFair value of plan assets at beginning of year\t(10498)\t(11293)\t(10750)\t0\t0\t0\nInterest income\t(318)\t(463)\t(408)\t0\t0\t0\nActuarial losses (gains)\t48\t111\t(249)\t0\t0\t0\nSettlements\t44\t0\t91\t0\t0\t0\nPlan participants' contributions\t(8)\t(11)\t(10)\t0\t0\t0\nEmployer contributions\t(311)\t(384)\t(298)\t0\t0\t0\nBenefits paid\t553\t563\t602\t0\t0\t0\nForeign currency translation and other\t863\t979\t(271)\t0\t0\t0\nFair value of plan assets at year-end\t(9627)\t(10498)\t(11293)\t0\t0\t0\nUnfunded status\t2846\t3799\t3017\t627\t845\t788\nAsset ceiling\t27\t34\t29\t0\t0\t0\nNet recognized amount\t2873\t3833\t3046\t627\t845\t788\nPension benefits and other benefits liabilities\t2926\t3751\t3095\t627\t757\t788\nOther non-current assets\t(56)\t(38)\t(49)\t0\t0\t0\nNet benefit liabilities relating to assets held for sale\t3\t120\t0\t0\t88\t0\n", "q10k_tbl_155": "\tPension benefits\t\t\tOther benefits\t\t\nFor the year ended December 31 (M$)\t2015\t2014\t2013\t2015\t2014\t2013\nCurrent service cost\t271\t281\t290\t17\t16\t21\nPast service cost\t(35)\t(84)\t12\t0\t(4)\t(68)\nSettlements\t(14)\t1\t1\t0\t0\t(1)\nNet interest cost\t84\t97\t107\t22\t31\t31\nBenefit amounts recognized on Profit & Loss\t306\t295\t410\t39\t43\t(17)\n- Actuarial (Gains) Losses\t\t\t\t\t\t\n* Effect of changes in demographic assumptions\t(41)\t178\t5\t(10)\t18\t(9)\n* Effect of changes in financial assumptions\t(384)\t1295\t(299)\t(27)\t129\t(68)\n* Effect of experience adjustments\t(108)\t(192)\t(68)\t(34)\t(20)\t(15)\n* Actual return on plan assets (excluding interest income)\t48\t111\t(249)\t0\t0\t0\n- Effect of asset ceiling\t(1)\t7\t21\t0\t0\t0\nBenefit amounts recognized on Equity\t(486)\t1399\t(590)\t(71)\t127\t(92)\nTotal benefit amounts recognized on other comprehensive income\t(180)\t1694\t(180)\t(32)\t170\t(109)\n", "q10k_tbl_156": "(M$)\tPension benefits\tOther benefits\n2016\t642\t28\n2017\t658\t29\n2018\t768\t29\n2019\t644\t29\n2020\t657\t28\n2021-2025\t3311\t136\n", "q10k_tbl_157": "Asset allocation\tPension benefits\t\t\nAs of December 31\t2015\t2014\t2013\nEquity securities\t28%\t29%\t30%\nDebt securities\t42%\t43%\t64%\nMonetary\t4%\t3%\t2%\nAnnuity contracts\t21%\t21%\t0\nReal estate\t5%\t4%\t4%\n", "q10k_tbl_158": "Assumptions used to determine benefits obligations\t\tPension benefits\t\t\tOther benefits\t\t\nAs of December 31\t\t2015\t2014\t2013\t2015\t2014\t2013\nDiscount rate (weighted average for all regions)\t\t3.25%\t3.06%\t4.14%\t3.00%\t3.12%\t4.14%\n\tOf which Euro zone\t2.18%\t1.95%\t3.40%\t2.42%\t2.22%\t3.44%\n\tOf which United States\t4.25%\t4.00%\t4.74%\t4.25%\t4.00%\t4.71%\n\tOf which United Kingdom\t3.75%\t3.75%\t4.50%\t0\t0\t0\nInflation rate (weighted average for all regions)\t\t2.43%\t2.44%\t2.67%\t0\t0\t0\n\tOf which Euro zone\t1.75%\t1.75%\t2.00%\t0\t0\t0\n\tOf which United States\t2.50%\t2.50%\t2.50%\t0\t0\t0\n\tOf which United Kingdom\t3.25%\t3.25%\t3.50%\t0\t0\t0\n", "q10k_tbl_159": "As of December 31 (M$)\t2015\t2014\t2013\nLitigations and accrued penalty claims\t1120\t1040\t862\nProvisions for environmental contingencies\t909\t994\t1160\nAsset retirement obligations\t13314\t13121\t12808\nOther non-current provisions\t1357\t1528\t1522\nOther non-current liabilities\t802\t862\t1165\nTotal\t17502\t17545\t17517\n", "q10k_tbl_160": "(M$)\tAs of January 1\tAllowances\tReversals\tCurrency translation adjustment\tOther\tAs of December 31\n2015\t17545\t1280\t(1236)\t(958)\t871\t17502\n2014\t17517\t1463\t(1029)\t(1228)\t822\t17545\n2013\t15285\t1738\t(1347)\t(64)\t1905\t17517\n", "q10k_tbl_161": "(M$)\tAs of January 1\tAccretion\tRevision in estimates\tNew obligations\tSpending on existing obligations\tCurrency translation adjustment\tOther\tAs of December 31\n2015\t13121\t513\t685\t271\t(566)\t(676)\t(34)\t13314\n2014\t12808\t543\t1007\t359\t(440)\t(902)\t(254)\t13121\n2013\t10059\t584\t2196\t552\t(381)\t(156)\t(46)\t12808\n", "q10k_tbl_162": "As of December 31 2015 (M$) (Assets) / Liabilities\tSecured\tUnsecured\tTotal\nNon-current financial debt\t655\t43809\t44464\nof which hedging instruments of non-current financial debt (liabilities)\t0\t2891\t2891\nHedging instruments of non-current financial debt (assets)(a)\t0\t(1219)\t(1219)\nNon-current financial debt - net of hedging instruments\t655\t42590\t43245\nBonds after fair value hedge\t0\t34435\t34435\nFixed rate bonds and bonds after cash flow hedge\t0\t6494\t6494\nBank and other floating rate\t34\t1110\t1144\nBank and other fixed rate\t326\t551\t877\nFinancial lease obligations\t295\t0\t295\nNon-current financial debt - net of hedging instruments\t655\t42590\t43245\n", "q10k_tbl_163": "As of December 31 2014 (M$) (Assets) / Liabilities\tSecured\tUnsecured\tTotal\nNon-current financial debt\t798\t44683\t45481\nof which hedging instruments of non-current financial debt (liabilities)\t0\t944\t944\nHedging instruments of non-current financial debt (assets)(a)\t0\t(1319)\t(1319)\nNon-current financial debt - net of hedging instruments\t798\t43364\t44162\nBonds after fair value hedge\t0\t36558\t36558\nFixed rate bonds and bonds after cash flow hedge\t0\t6155\t6155\nBank and other floating rate\t265\t395\t660\nBank and other fixed rate\t215\t256\t471\nFinancial lease obligations\t318\t0\t318\nNon-current financial debt - net of hedging instruments\t798\t43364\t44162\n", "q10k_tbl_164": "As of December 31 2013 (M$) (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_165": "Bonds after fair value hedge (M$)\tCurrency of issuance\tFair value after hedging as of December 31 2015\tFair value after hedging as of December 31 2014\tFair value after hedging as of December 31 2013\tRange of current maturities\tRange of initial current rate before hedging instruments\nBond\tUSD\t13754\t16385\t12733\t2016 to 2024\t0.750% to 3.750%\nBond\tUSD\t2385\t2385\t2553\t2016 to 2020\tUSLIBOR 3 month + 0.03% to USLIBOR 3 month + 0.75%\nBond\tCHF\t1910\t2161\t2234\t2016 to 2027\t0.510% to 3.135%\nBond\tNZD\t251\t251\t138\t2019 to 2020\t4.750% to 5.000%\nBond\tAUD\t1360\t1689\t1309\t2016 to 2025\t3.750% to 6.500%\nBond\tEUR\t11365\t12127\t7956\t2017 to 2044\t1.125% to 4.875%\nBond\tEUR\t1638\t1638\t390\t2020\tEURIBOR 3 month + 0.30% to EURIBOR 3 month + 0.31%\nBond\tCAD\t289\t288\t339\t2017 to 2020\t2.000% to 2.375%\nBond\tGBP\t2225\t1662\t1241\t2017 to 2022\t2.250% to 4.250%\nBond\tGBP\t469\t468\t0\t2019\tGBLIB3M + 0.30%\nBond\tJPY\t0\t0\t110\t\t\nBond\tNOK\t566\t566\t565\t2016 to 2018\t2.250% to 4.000%\nBond\tHKD\t394\t213\t150\t2019 to 2026\t2.920% to 4.180%\nBond\tSEK\t95\t95\t94\t2016\t3.625%\nCurrent portion (less than one year)\t\t(4164)\t(4068)\t(4545)\t\t\nTotal Principal Financing Entities(a)+(b)+(c)\t\t32537\t35860\t25267\t\t\nTotal S.A.(d)\t\t1200\t0\t0\t2022\t0.500%\nOther Consolidated Subsidiaries\t\t698\t698\t698\t\t\nTotal bonds after fair value hedge\t\t34435\t36558\t25965\t\t\n", "q10k_tbl_166": "Bonds after cash flow hedge and fixed rate bonds (M$)\tCurrency of issuance\tFair value after hedging as of December 31 2015\tFair value after hedging as of December 31 2014\tFair value after hedging as of December 31 2013\tRange of current maturities\tRange of initial current rate before hedging instruments\nBond\tEUR\t2077\t1986\t2007\t2019 to 2024\t4.875% to 5.125%\nBond\tUSD\t3750\t3750\t3749\t2020 to 2023\t2.750% to 4.450%\nBond\tCNY\t164\t172\t177\t2018\t3.750%\nCurrent portion (less than one year)\t\t0\t0\t0\t\t\nTotal Principal Financing Entities(a)+(b)+(c)\t\t5991\t5908\t5933\t\t\nOther Consolidated Subsidiaries\t\t503\t247\t146\t\t\nTotal bonds after cash flow hedge and fixed rate bonds\t\t6494\t6155\t6079\t\t\n", "q10k_tbl_167": "As of December 31 2015 (M$)\tNon-current financial debt\tof which hedging instruments of non-current financial debt (liabilities)\tHedging instruments of non-current financial debt (assets)\tNon-current financial debt - net of hedging instruments\t%\n2017\t4729\t213\t(127)\t4602\t11%\n2018\t4803\t218\t(383)\t4420\t10%\n2019\t5716\t124\t(174)\t5542\t13%\n2020\t4965\t434\t0\t4965\t11%\n2021 and beyond\t24251\t1902\t(535)\t23716\t55%\nTotal\t44464\t2891\t(1219)\t43245\t100%\n", "q10k_tbl_168": "As of December 31 2014 (M$)\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$)\tNon-current financial debt\tof which hedging instruments of non-current financial debt (liabilities)\tHedging instruments of non-current financial debt (assets)\tNon-current financial debt - net of hedging instruments\t%\n2015\t4999\t4\t(352)\t4647\t14%\n2016\t4745\t26\t(217)\t4528\t14%\n2017\t4267\t77\t(108)\t4159\t12%\n2018\t4670\t51\t(309)\t4361\t13%\n2019 and beyond\t15893\t167\t(432)\t15461\t47%\nTotal\t34574\t325\t(1418)\t33156\t100%\n", "q10k_tbl_169": "As of December 31 (M$)\t2015\t%\t2014\t%\t2013\t%\nU.S. Dollar\t40337\t93%\t41369\t94%\t27908\t84%\nEuro\t1681\t4%\t2428\t5%\t4885\t15%\nNorwegian krone\t907\t2%\t0\t0%\t0\t0%\nOther currencies\t320\t1%\t365\t1%\t363\t1%\nTotal\t43245\t100%\t44162\t100%\t33156\t100%\n", "q10k_tbl_170": "As of December 31 (M$)\t2015\t%\t2014\t%\t2013\t%\nFixed rate\t7666\t18%\t6944\t16%\t6771\t20%\nFloating rate\t35579\t82%\t37218\t84%\t26385\t80%\nTotal\t43245\t100%\t44162\t100%\t33156\t100%\n", "q10k_tbl_171": "As of December 31 (M$)\t2015\t2014\t2013\n(Assets) / Liabilities\t\t\t\nCurrent financial debt(a)\t7836\t6164\t5780\nCurrent portion of non-current financial debt\t4652\t4778\t5413\nCurrent borrowings (Note 28)\t12488\t10942\t11193\nCurrent portion of hedging instruments of debt (liabilities)\t127\t133\t314\nOther current financial instruments (liabilities)\t44\t47\t67\nOther current financial liabilities (Note 28)\t171\t180\t381\nCurrent deposits beyond three months\t(5858)\t(469)\t(161)\nCurrent portion of hedging instruments of debt (assets)\t(220)\t(460)\t(469)\nOther current financial instruments (assets)\t(112)\t(364)\t(109)\nCurrent financial assets (Note 28)\t(6190)\t(1293)\t(739)\nCurrent borrowings and related financial assets and liabilities net\t6469\t9829\t10835\n", "q10k_tbl_172": "As of December 31 (M$)\t2015\t2014\t2013\n(Assets) / Liabilities\t\t\t\nCurrent borrowings\t12488\t10942\t11193\nOther current financial liabilities\t171\t180\t381\nCurrent financial assets\t(6190)\t(1293)\t(739)\nNet financial assets and liabilities held for sale or exchange\t141\t(56)\t(179)\nNon-current financial debt\t44464\t45481\t34574\nHedging instruments on non-current financial debt\t(1219)\t(1319)\t(1418)\nCash and cash equivalents\t(23269)\t(25181)\t(20200)\nNet financial debt\t26586\t28754\t23612\nShareholders' equity - Group share\t92494\t90330\t100241\nDistribution of the income based on existing shares at the closing date\t(1545)\t(1686)\t(1908)\nNon-controlling interests\t2915\t3201\t3138\nAdjusted shareholders' equity\t93864\t91845\t101471\nNet-debt-to-equity ratio\t28.3%\t31.3%\t23.3%\n", "q10k_tbl_173": "As of December 31 (M$)\t2015\t2014\t2013\nAccruals and deferred income\t342\t469\t299\nPayable to States (including taxes and duties)\t5363\t6894\t8885\nPayroll\t1265\t1343\t1573\nOther operating liabilities\t9914\t7935\t8191\nTotal\t16884\t16641\t18948\n", "q10k_tbl_174": "For the year ended December 31 2015 (M$)\tOperating leases\tFinance leases\n2016\t1430\t57\n2017\t1049\t23\n2018\t784\t23\n2019\t550\t23\n2020\t442\t23\n2021 and beyond\t1718\t242\nTotal minimum payments\t5973\t391\nLess financial expenses\t\t(55)\nNominal value of contracts\t\t336\nLess current portion of finance lease contracts\t\t(41)\nOutstanding liability of finance lease contracts\t\t295\n", "q10k_tbl_175": "For the year ended December 31 2014 (M$)\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_176": "For the year ended December 31 2013 (M$)\tOperating leases\tFinance leases\n2014\t1113\t72\n2015\t906\t70\n2016\t827\t66\n2017\t633\t23\n2018\t498\t23\n2019 and beyond\t1619\t285\nTotal minimum payments\t5596\t539\nLess financial expenses\t\t(113)\nNominal value of contracts\t\t426\nLess current portion of finance lease contracts\t\t(40)\nOutstanding liability of finance lease contracts\t\t386\n", "q10k_tbl_177": "\tMaturity and installments\t\t\t\nAs of December 31 2015 (M$)\tTotal\tLess than 1 year\tBetween 1 and 5 years\tMore than 5 years\nNon-current debt obligations net of hedging instruments (Note 20)\t42950\t0\t19448\t23502\nCurrent portion of non-current debt obligations net of hedging instruments (Note 20)\t4518\t4518\t0\t0\nFinance lease obligations (Note 22)\t336\t41\t81\t214\nAsset retirement obligations (Note 19)\t13314\t707\t2117\t10490\nContractual obligations recorded in the balance sheet\t61118\t5266\t21646\t34206\nOperating lease obligations (Note 22)\t5973\t1430\t2825\t1718\nPurchase obligations\t123968\t14728\t24612\t84628\nContractual obligations not recorded in the balance sheet\t129941\t16158\t27437\t86346\nTotal of contractual obligations\t191059\t21424\t49083\t120552\nGuarantees given for excise taxes\t2982\t2604\t57\t321\nGuarantees given against borrowings\t12872\t3553\t547\t8772\nIndemnities related to sales of businesses\t371\t109\t103\t159\nGuarantees of current liabilities\t501\t102\t229\t170\nGuarantees to customers / suppliers\t4405\t1364\t194\t2847\nLetters of credit\t1081\t785\t45\t251\nOther operating commitments\t3655\t1586\t248\t1821\nTotal of other commitments given\t25867\t10103\t1423\t14341\nMortgages and liens received\t359\t23\t7\t329\nSales obligations\t72278\t7889\t24589\t39800\nOther commitments received\t7158\t2602\t1601\t2955\nTotal of commitments received\t79795\t10514\t26197\t43084\nOf which commitments given relating to joint ventures\t46178\t544\t2925\t42709\n", "q10k_tbl_178": "\tMaturity and installments\t\t\t\nAs of December 31 2014 (M$)\tTotal\tLess than 1 year\tBetween 1 and 5 years\tMore than 5 years\nNon-current debt obligations net of hedging instruments (Note 20)\t43844\t0\t18458\t25386\nCurrent portion of non-current debt obligations net of hedging instruments (Note 20)\t4411\t4411\t0\t0\nFinance lease obligations (Note 22)\t358\t40\t98\t220\nAsset retirement obligations (Note 19)\t13121\t651\t2430\t10040\nContractual obligations recorded in the balance sheet\t61734\t5102\t20986\t35646\nOperating lease obligations (Note 22)\t5620\t1218\t2727\t1675\nPurchase obligations\t160837\t19987\t33908\t106942\nContractual obligations not recorded in the balance sheet\t166457\t21205\t36635\t108617\nTotal of contractual obligations\t228191\t26307\t57621\t144263\nGuarantees given for excise taxes\t2382\t1855\t91\t436\nGuarantees given against borrowings\t10192\t140\t3784\t6268\nIndemnities related to sales of businesses\t396\t121\t110\t165\nGuarantees of current liabilities\t635\t144\t165\t326\nGuarantees to customers / suppliers\t5599\t2564\t168\t2867\nLetters of credit\t1552\t1138\t3\t411\nOther operating commitments\t4762\t1455\t2700\t607\nTotal of other commitments given\t25518\t7417\t7021\t11080\nMortgages and liens received\t418\t17\t4\t397\nSales obligations\t110949\t9287\t33629\t68033\nOther commitments received\t7081\t3321\t1388\t2372\nTotal of commitments received\t118448\t12625\t35021\t70802\nOf which commitments given relating to joint ventures\t57439\t298\t1915\t55226\n", "q10k_tbl_179": "\tMaturity and installments\t\t\t\nAs of December 31 2013 (M$)\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_180": "As of December 31 (M$)\t2015\t2014\t2013\nBalance sheet\t\t\t\nReceivables\t\t\t\nDebtors and other debtors\t533\t697\t845\nLoans (excl. loans to equity affiliates)\t71\t155\t470\nPayables\t\t\t\nCreditors and other creditors\t835\t1199\t1208\nDebts\t10\t14\t18\nFor the year ended December 31 (M$)\t2015\t2014\t2013\nStatement of income\t\t\t\nSales\t3062\t4308\t5133\nPurchases\t6999\t9890\t7271\nFinancial expense\t0\t0\t0\nFinancial income\t6\t16\t139\n", "q10k_tbl_181": "For the year ended December 31 (M$)\t2015\t2014\t2013\nNumber of people\t14\t31\t31\nDirect or indirect compensation\t12.8\t28.3\t29.4\nPension expenses(a)\t3.9\t6.8\t13.3\nOther long-term benefits expenses\t0\t0\t0\nTermination benefits expenses\t0\t0\t0\nShare-based payments expense (IFRS 2)(b)\t3.5\t9.0\t15.7\n", "q10k_tbl_182": "\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\t05/11/2007\t05/11/2007\t05/11/2007\t05/21/2010\t05/21/2010\t\t\nDate of the award(a)\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)\t49.73\t0\t0\t0\t0\t0\t0\t\t\nExercise price since May 24 2006 (in euros)(b)\t49.04\t50.60\t60.10\t42.90\t39.90\t38.20\t33.00\t\t\nExpiry date\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\nExisting options as of January 1 2013\t6160020\t5621526\t5848985\t4330468\t4334900\t4661443\t1505040\t32462382\t46.96\nGranted\t0\t0\t0\t0\t0\t0\t0\t0\t0\nCancelled(c)\t(6159390)\t(900)\t(1020)\t(360)\t(1080)\t(720)\t0\t(6163470)\t49.04\nExercised\t(630)\t0\t0\t(110910)\t(344442)\t(122871)\t(363946)\t(942799)\t37.37\nExisting options as of January 1 2014\t0\t5620626\t5847965\t4219198\t3989378\t4537852\t1141094\t25356113\t46.82\nGranted\t0\t0\t0\t0\t0\t0\t0\t0\t0\nCancelled(c)\t0\t(1797912)\t0\t0\t0\t0\t0\t(1797912)\t50.60\nExercised\t0\t(3822714)\t0\t(1003314)\t(978109)\t(836634)\t(282019)\t(6922790)\t45.76\nExisting options as of January 1 2015\t0\t0\t5847965\t3215884\t3011269\t3701218\t859075\t16635411\t46.85\nGranted\t0\t0\t0\t0\t0\t0\t0\t0\t0\nCancelled(c)\t0\t0\t(5847965)\t0\t0\t0\t0\t(5847965)\t60.10\nExercised\t0\t0\t0\t(654382)\t(300486)\t(377972)\t(136766)\t(1469606)\t40.16\nExisting options as of December 31 2015\t0\t0\t0\t2561502\t2710783\t3323246\t722309\t9317840\t39.58\n", "q10k_tbl_183": "TOTAL performance share grants\t2011 Plan\t2012 Plan\t2013 Plan\t2014 Plan\tPlan 2015\tTotal\nDate of the shareholders' meeting\t05/13/2011\t05/13/2011\t05/13/2011\t05/16/2014\t05/16/2014\t\nDate of the award\t09/14/2011\t07/26/2012\t07/25/2013\t07/29/2014\t07/28/2015\t\nDate of the final award (end of the vesting period)\t09/15/2013\t07/27/2014\t07/26/2016\t07/30/2017\t07/29/2018\t\nTransfer authorized as from\t09/15/2015\t07/27/2016\t07/26/2018\t07/30/2019\t07/29/2020\t\nNumber of performance shares\t\t\t\t\t\t\nOutstanding as of January 1 2013\t3605806\t4295930\t0\t0\t0\t7901736\nNotified\t0\t0\t4464200\t0\t0\t4464200\nCancelled\t(14720)\t(17340)\t(3810)\t0\t0\t(35870)\nFinally granted\t(3591086)\t(180)\t0\t0\t0\t(3591266)\nOutstanding as of January 1 2014\t0\t4278410\t4460390\t0\t0\t8738800\nNotified\t0\t0\t0\t4486300\t0\t4486300\nCancelled\t0\t(43320)\t(22360)\t(11270)\t0\t(76950)\nFinally granted\t0\t(4235090)\t(3570)\t0\t0\t(4238660)\nOutstanding as of January 1 2015\t0\t0\t4434460\t4475030\t0\t8909490\nNotified\t0\t0\t0\t0\t4761935\t4761935\nCancelled\t0\t0\t(28230)\t(22630)\t(1430)\t(52290)\nFinally granted\t0\t\t(55400)\t(49940)\t\t(105340)\nOutstanding as of December 31 2015\t0\t0\t4350830\t4402460\t4760505\t13513795\n", "q10k_tbl_184": "\tRestricted Stock Awards and Units\t\n\tShares (in thousands)\tWeighted-Average Grant Date Fair Value Per Share (in dollars)(a)\nOutstanding as of December 30 2012\t8576\t8.53\nGranted\t5607\t15.88\nVested(b)\t(3583)\t9.48\nForfeited\t(1008)\t10.10\nOutstanding as of December 29 2013\t9592\t12.26\nGranted\t2187\t31.8\nVested(b)\t(4432)\t11.61\nForfeited\t(792)\t15.00\nOutstanding as of December 28 2014\t6555\t18.88\nGranted\t2695\t29.77\nVested(b)\t(3560)\t15.31\nForfeited\t(627)\t22.99\nOutstanding as of January 3 2016\t5063\t26.68\n", "q10k_tbl_185": "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_186": "For the year ended December 31\t2015\nDate of the Board of Directors meeting that decided the issue\tJuly 29 2014\nSubscription price (€)(a)\t37.50\nShare price at the reference date (€)(b)\t44.645\nNumber of shares (in millions)\t10.50\nRisk free interest rate (%)(c)\t0.013\nEmployees loan financing rate (%)(d)\t6.32\nNon transferability cost (% of the reference's share price)\t23.0\n", "q10k_tbl_187": "For the year ended December 31\t2015\t2014\t2013\nPersonnel expenses (M$)\t\t\t\nWages and salaries (including social charges)\t8088\t9690\t9424\nGroup employees\t\t\t\nFrance\t\t\t\n- Management\t11000\t11477\t11189\n- Other\t19219\t21120\t22010\nInternational\t\t\t\n- Management\t16624\t17794\t17338\n- Other\t49176\t49916\t48262\nTotal\t96019\t100307\t98799\n", "q10k_tbl_188": "For the year ended December 31 (M$)\t2015\t2014\t2013\nInterests paid\t(862)\t(789)\t(715)\nInterests received\t113\t119\t76\nIncome tax paid(a)\t(4937)\t(11374)\t(13708)\nDividends received\t2309\t2992\t2798\n", "q10k_tbl_189": "For the year ended December 31 (M$)\t2015\t2014\t2013\nInventories\t888\t5289\t1079\nAccounts receivable\t4153\t5916\t3181\nOther current assets\t(726)\t(1605)\t(1678)\nAccounts payable\t(2235)\t(4531)\t174\nOther creditors and accrued liabilities\t(397)\t(589)\t(231)\nNet amount\t1683\t4480\t2525\n", "q10k_tbl_190": "For the year ended December 31 (M$)\t2015\t2014\t2013\nIssuance of non-current debt\t4468\t15874\t11221\nRepayment of non-current debt\t(302)\t(88)\t(119)\nNet amount\t4166\t15786\t11102\n", "q10k_tbl_191": "For the year ended December 31 (M$)\t2015\t2014\t2013\nCash\t12291\t13874\t12895\nCash equivalents\t10978\t11307\t7305\nTotal\t23269\t25181\t20200\n", "q10k_tbl_192": "\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\tAmortized cost\t\t\nAs of December 31 2015 (M$) Assets / (Liabilities)\t\tAvailable for sale(a)\tHeld for trading\tFinancial debt(b)\tHedging of Financial Debt\tCash flow hedge\tNet investment hedge and other\t\t\t\nEquity affiliates: loans\t4378\t0\t0\t0\t0\t0\t0\t0\t4378\t4378\nOther investments\t0\t1241\t0\t0\t0\t0\t0\t0\t1241\t1241\nHedging instruments of non-current financial debt\t0\t0\t0\t0\t1075\t144\t0\t0\t1219\t1219\nOther non-current assets\t3407\t0\t0\t0\t0\t0\t0\t0\t3407\t3407\nAccounts receivable net(c)\t0\t0\t0\t0\t0\t0\t0\t10629\t10629\t10629\nOther operating receivables\t0\t0\t3379\t0\t0\t9\t0\t7521\t10909\t10909\nCurrent financial assets\t5858\t0\t112\t0\t220\t0\t0\t0\t6190\t6190\nCash and cash equivalents\t0\t0\t0\t0\t0\t0\t0\t23269\t23269\t23269\nTotal financial assets\t13643\t1241\t3491\t0\t1295\t153\t0\t41419\t61242\t61242\nTotal non-financial assets\t0\t0\t0\t0\t0\t0\t0\t0\t163242\t0\nTotal assets\t0\t0\t0\t0\t0\t0\t0\t0\t224484\t0\nNon-current financial debt\t(7810)\t0\t0\t(33762)\t(2891)\t(1)\t0\t0\t(44464)\t(45294)\nAccounts payable(c)\t0\t0\t0\t0\t0\t0\t0\t(20928)\t(20928)\t(20928)\nOther operating liabilities\t0\t0\t(1609)\t0\t0\t(103)\t0\t(8202)\t(9914)\t(9914)\nCurrent borrowings\t(8230)\t0\t0\t(4258)\t0\t0\t0\t0\t(12488)\t(12488)\nOther current financial liabilities\t0\t0\t(44)\t0\t(127)\t0\t0\t0\t(171)\t(171)\nTotal financial liabilities\t(16040)\t0\t(1653)\t(38020)\t(3018)\t(104)\t0\t(29130)\t(87965)\t(88795)\nTotal non-financial liabilities\t0\t0\t0\t0\t0\t0\t0\t0\t(136519)\t0\nTotal liabilities\t0\t0\t0\t0\t0\t0\t0\t0\t(224484)\t0\n", "q10k_tbl_193": "\tFinancial instruments related to financing and operational activities\t\t\t\t\t\t\tOther financial instruments\tTotal\tFair value\n\tAmortized cost\tFair value\t\t\t\t\t\tAmortized cost\t\t\nAs of December 31 2014 (M$) 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_194": "\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\tAmortized cost\t\t\nAs of December 31 2013(M$) Assets / (Liabilities)\t\tAvailable for sale(a)\tHeld for trading\tFinancial debt(b)\tHedging of Financial Debt\tCash flow hedge\tNet investment hedge and other\t\t\t\nEquity affiliates: loans\t3554\t0\t0\t0\t0\t0\t0\t0\t3554\t3554\nOther investments\t0\t1666\t0\t0\t0\t0\t0\t0\t1666\t1666\nHedging instruments of non-current financial debt\t0\t0\t0\t0\t1204\t214\t0\t0\t1418\t1418\nOther non-current assets\t3575\t0\t0\t0\t0\t0\t0\t0\t3575\t3575\nAccounts receivable net(c)\t0\t0\t0\t0\t0\t0\t0\t23422\t23422\t23422\nOther operating receivables\t0\t0\t1278\t0\t0\t0\t0\t8639\t9917\t9917\nCurrent financial assets\t161\t0\t108\t0\t469\t1\t0\t0\t739\t739\nCash and cash equivalents\t0\t0\t0\t0\t0\t0\t0\t20200\t20200\t20200\nTotal financial assets\t7290\t1666\t1386\t0\t1673\t215\t0\t52261\t64491\t64491\nTotal non-financial assets\t0\t0\t0\t0\t0\t0\t0\t0\t174732\t0\nTotal assets\t0\t0\t0\t0\t0\t0\t0\t0\t239223\t0\nNon-current financial debt\t(6985)\t0\t0\t(27264)\t(325)\t0\t0\t0\t(34574)\t(35401)\nAccounts payable(c)\t0\t0\t0\t0\t0\t0\t0\t(30282)\t(30282)\t(30282)\nOther operating liabilities\t0\t0\t(848)\t0\t0\t(26)\t0\t(7317)\t(8191)\t(8191)\nCurrent borrowings\t(5901)\t0\t0\t(5292)\t0\t0\t0\t0\t(11193)\t(11193)\nOther current financial liabilities\t0\t0\t(61)\t0\t(314)\t(6)\t0\t0\t(381)\t(381)\nTotal financial liabilities\t(12886)\t0\t(909)\t(32556)\t(639)\t(32)\t0\t(37599)\t(84621)\t(85448)\nTotal non-financial liabilities\t0\t0\t0\t0\t0\t0\t0\t0\t(154602)\t0\nTotal liabilities\t0\t0\t0\t0\t0\t0\t0\t0\t(239223)\t0\n", "q10k_tbl_195": "For the year ended December 31 (M$)\t2015\t2014\t2013\nAssets available for sale (investments) :\t\t\t\n- dividend income on non-consolidated subsidiaries\t267\t282\t202\n- gains (losses) on disposal of assets\t355\t13\t149\n- other\t(161)\t(84)\t(94)\nLoans and receivables\t80\t9\t106\nImpact on net operating income\t541\t220\t363\n", "q10k_tbl_196": "For the year ended December 31 (M$)\t2015\t2014\t2013\nLoans and receivables\t121\t135\t94\nFinancing liabilities and associated hedging instruments\t(965)\t(750)\t(899)\nFair value hedge (ineffective portion)\t(1)\t2\t9\nAssets and liabilities held for trading\t(28)\t(27)\t(8)\nImpact on the cost of net debt\t(873)\t(640)\t(804)\n", "q10k_tbl_197": "For the year ended December 31 (M$)\t2015\t2014\t2013\nRevaluation at market value of bonds\t2133\t443\t1428\nSwap hedging of bonds\t(2134)\t(441)\t(1419)\nIneffective portion of the fair value hedge\t(1)\t2\t9\n", "q10k_tbl_198": "For the year ended December 31 (M$)\tAs of January 1\tVariations\tDisposals\tAs of December 31\n2015\t(511)\t(163)\t0\t(674)\n2014\t(367)\t(144)\t0\t(511)\n2013\t(384)\t17\t0\t(367)\n", "q10k_tbl_199": "For the year ended December 31 (M$)\t2015\t2014\t2013\nProfit (Loss) recorded in equity during the period\t(185)\t97\t156\nRecycled amount from equity to the income statement during the period\t(205)\t(295)\t86\n", "q10k_tbl_200": "\t\tNotional value(a)\t\t\t\t\t\t\nFor the year ended December 31 2015 (M$) Assets / (Liabilities)\tFair value\tTotal\t2016\t2017\t2018\t2019\t2020\t2021 and after\nFair value hedge\t\t\t\t\t\t\t\t\nSwaps hedging fixed-rates bonds (liabilities)\t(2891)\t21835\t0\t0\t0\t0\t0\t0\nSwaps hedging fixed-rates bonds (assets)\t1075\t11701\t0\t0\t0\t0\t0\t0\nTotal swaps hedging fixed-rates bonds (assets and liabilities)\t(1816)\t33536\t0\t4410\t4129\t3190\t3346\t18461\nSwaps hedging fixed-rates bonds (current portion) (liabilities)\t(127)\t579\t0\t0\t0\t0\t0\t0\nSwaps hedging fixed-rates bonds (current portion) (assets)\t220\t2709\t0\t0\t0\t0\t0\t0\nTotal swaps hedging fixed-rates bonds (current portion) (assets and liabilities)\t93\t3288\t3288\t0\t0\t0\t0\t0\nCash flow hedge\t\t\t\t\t\t\t\t\nSwaps hedging fixed-rates bonds (liabilities)\t(1)\t36\t0\t0\t0\t0\t0\t0\nSwaps hedging fixed-rates bonds (assets)\t144\t2221\t0\t0\t0\t0\t0\t0\nTotal swaps hedging fixed-rates bonds (assets and liabilities)\t143\t2257\t0\t0\t0\t969\t0\t1288\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(103)\t873\t0\t0\t0\t0\t0\t0\nSwaps hedging investments (assets)\t9\t145\t0\t0\t0\t0\t0\t0\nTotal swaps hedging investments (assets and liabilities)\t(94)\t1018\t642\t296\t80\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)\t8\t17310\t0\t0\t0\t0\t0\t0\nOther interest rate swaps (liabilities)\t(9)\t26973\t0\t0\t0\t0\t0\t0\nTotal other interest rate swaps (assets and liabilities)\t(1)\t44283\t44134\t82\t67\t0\t0\t0\nCurrency swaps and forward exchange contracts (assets)\t104\t6103\t0\t0\t0\t0\t0\t0\nCurrency swaps and forward exchange contracts (liabilities)\t(35)\t4003\t0\t0\t0\t0\t0\t0\nTotal currency swaps and forward exchange contracts (assets and liabilities)\t69\t10106\t9446\t290\t226\t58\t41\t45\n", "q10k_tbl_201": "\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_202": "For the year ended December 31 2013 (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\t2014\t\t2015\t\t2016\t\t2017\t\t2018\t\t2019 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(325)\t\t10316\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nSwaps hedging fixed-rates bonds (assets)\t1204\t\t16764\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nTotal swaps hedging fixed-rates bonds (assets and liabilities)\t879\t\t27080\t\t0\t\t4703\t\t3594\t\t4096\t\t5170\t\t9517\nSwaps hedging fixed-rates bonds (current portion) (liabilities)\t(314)\t\t1884\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nSwaps hedging fixed-rates bonds (current portion) (assets)\t469\t\t3852\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nTotal swaps hedging fixed-rates bonds (current portion) (assets and liabilities)\t155\t\t5736\t\t5736\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)\t214\t\t2220\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nTotal swaps hedging fixed-rates bonds (assets and liabilities)\t214\t\t2220\t\t0\t\t0\t\t0\t\t0\t\t0\t\t2220\nSwaps hedging fixed-rates bonds (current portion) (liabilities)\t(6)\t\t166\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nSwaps hedging fixed-rates bonds (current portion) (assets)\t1\t\t132\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nTotal swaps hedging fixed-rates bonds (current portion) (assets and liabilities)\t(5)\t\t298\t\t270\t\t28\t\t0\t\t0\t\t0\t\t0\nSwaps hedging investments (liabilities)\t(26)\t\t197\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(26)\t\t197\t\t182\t\t15\t\t0\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\t5645\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nOther interest rate swaps (liabilities)\t(4)\t\t15606\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nTotal other interest rate swaps (assets and liabilities)\t(1)\t\t21251\t\t20862\t\t119\t\t114\t\t86\t\t70\t\t0\nCurrency swaps and forward exchange contracts (assets)\t105\t\t6576\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nCurrency swaps and forward exchange contracts (liabilities)\t(57)\t\t6119\t\t0\t\t0\t\t0\t\t0\t\t0\t\t0\nTotal currency swaps and forward exchange contracts (assets and liabilities)\t48\t\t12695\t\t12336\t\t268\t\t58\t\t14\t\t19\t\t0\n", "q10k_tbl_203": "As of December 31 2015 (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\t(1723)\t0\t(1723)\nCash flow hedge instruments\t0\t49\t0\t49\nNet investment hedge instruments\t0\t0\t0\t0\nAssets and liabilities held for trading\t0\t68\t0\t68\nAssets available for sale\t59\t0\t0\t59\nTotal\t59\t(1606)\t0\t(1547)\n", "q10k_tbl_204": "As of December 31 2014 (M$)\tQuoted prices in active markets for identical assets (level 1)\tPrices based on observable data (level 2)\tPrices based on non observable data (level 3)\tTotal\nFair value hedge instruments\t0\t467\t0\t467\nCash flow hedge instruments\t0\t235\t0\t235\nNet investment hedge instruments\t0\t0\t0\t0\nAssets and liabilities held for trading\t0\t317\t0\t317\nAssets available for sale\t84\t0\t0\t84\nTotal\t84\t1019\t0\t1103\n", "q10k_tbl_205": "As of December 31 2013 (M$)\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_206": "As of December 31 2015 (M$) Assets / (Liabilities)\tGross value before offsetting - assets\tGross value before offsetting - liabilities\tAmounts offset-assets(c)\tAmounts offset - liabilities(c)\tNet balance sheet value presented - assets\tNet balance sheet value presented - liabilities\tOther amounts not offset\tNet carrying amount\tFair value(b)\nCrude oil petroleum products and freight rates activities\t\t\t\t\t\t\t\t\t\nPetroleum products and crude oil swaps\t1517\t(498)\t(350)\t350\t1167\t(148)\t0\t1019\t1019\nFreight rate swaps\t0\t0\t0\t0\t0\t0\t0\t0\t0\nForwards(a)\t68\t(130)\t(25)\t25\t43\t(105)\t0\t(62)\t(62)\nOptions\t660\t(468)\t(460)\t460\t200\t(8)\t0\t192\t192\nFutures\t9\t0\t0\t0\t9\t0\t0\t9\t9\nOptions on futures\t127\t(128)\t(127)\t127\t0\t(1)\t0\t(1)\t(1)\nOther / Collateral\t0\t0\t0\t0\t0\t0\t(1145)\t(1145)\t(1145)\nTotal crude oil petroleum products and freight rates\t2381\t(1224)\t(962)\t962\t1419\t(262)\t(1145)\t12\t12\nGas activities\t\t\t\t\t\t\t\t\t\nSwaps\t50\t(175)\t(19)\t19\t31\t(156)\t0\t(125)\t(125)\nForwards(a)\t2255\t(1498)\t(320)\t320\t1935\t(1178)\t0\t757\t757\nOptions\t5\t(24)\t(11)\t11\t(6)\t(13)\t0\t(19)\t(19)\nFutures\t0\t0\t0\t0\t0\t0\t0\t0\t0\nOther / Collateral\t0\t0\t0\t0\t0\t0\t23\t23\t23\nTotal Gas\t2310\t(1697)\t(350)\t350\t1960\t(1347)\t23\t636\t636\nTotal\t4691\t(2921)\t(1312)\t1312\t3379\t(1609)\t(1122)\t648\t648\nTotal of fair value non recognized in the balance sheet\t\t\t\t\t\t\t\t\t0\n", "q10k_tbl_207": "As of December 31 2014 (M$) 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 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\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_208": "As of December 31 2013 (M$) Assets / (Liabilities)\tGross value before offsetting - assets\tGross value before offsetting - liabilities\tAmounts offset - assets(c)\tAmounts offset - liabilities(c)\tNet balance sheet value presented - assets\tNet balance sheet value presented - liabilities\tOther amounts not offset\tNet carrying amount\tFair value(b)\nCrude oil petroleum products and freight rates activities\t\t\t\t\t\t\t\t\t\nPetroleum products and crude oil swaps\t94\t(204)\t(79)\t79\t15\t(125)\t0\t(110)\t(110)\nFreight rate swaps\t0\t0\t0\t0\t0\t0\t0\t0\t0\nForwards(a)\t58\t(57)\t(8)\t8\t50\t(49)\t0\t1\t1\nOptions\t198\t(234)\t(62)\t62\t136\t(172)\t0\t(36)\t(36)\nFutures\t7\t(1)\t0\t0\t7\t(1)\t0\t6\t6\nOptions on futures\t68\t(57)\t(57)\t57\t11\t0\t0\t11\t11\nOther / Collateral\t0\t0\t0\t0\t0\t0\t96\t96\t96\nTotal crude oil petroleum products and freight rates\t425\t(553)\t(206)\t206\t219\t(347)\t96\t(32)\t(32)\nGas activities\t\t\t\t\t\t\t\t\t\nSwaps\t69\t(21)\t(11)\t11\t58\t(10)\t0\t48\t48\nForwards(a)\t1052\t(530)\t(40)\t40\t1012\t(490)\t0\t522\t522\nOptions\t0\t(12)\t(11)\t11\t(11)\t(1)\t0\t(12)\t(12)\nFutures\t0\t0\t0\t0\t0\t0\t0\t0\t0\nOther / Collateral\t0\t0\t0\t0\t0\t0\t16\t16\t16\nTotal Gas\t1121\t(563)\t(62)\t62\t1059\t(501)\t16\t574\t574\nTotal\t1546\t(1116)\t(268)\t268\t1278\t(848)\t112\t542\t542\nTotal of fair value non recognized in the balance sheet\t\t\t\t\t\t\t\t\t0\n", "q10k_tbl_209": "For the year ended December 31 (M$)\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\n2015\t897\t3318\t(3058)\t0\t1157\n2014\t(128)\t2471\t(1445)\t(1)\t897\n2013\t(62)\t2266\t(2330)\t(2)\t(128)\nGas activities\t\t\t\t\t\n2015\t532\t113\t3\t(35)\t613\n2014\t558\t922\t(909)\t(39)\t532\n2013\t359\t624\t(375)\t(50)\t558\n", "q10k_tbl_210": "As of December 31 2015 (M$)\tQuoted prices in active markets for identical assets (level 1)\tPrices based on observable data (level 2)\tPrices based on non observable data (level 3)\tTotal\nCrude oil petroleum products and freight rates activities\t15\t1142\t0\t1157\nGas activities\t79\t534\t0\t613\nTotal\t94\t1676\t0\t1770\n", "q10k_tbl_211": "As of December 31 2014 (M$)\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 activities\t92\t440\t0\t532\nTotal\t331\t1098\t0\t1429\n", "q10k_tbl_212": "As of December 31 2013 (M$)\tQuoted prices in active markets for identical assets (level 1)\tPrices based on observable data (level 2)\tPrices based on non observable data (level 3)\tTotal\nCrude oil petroleum products and freight rates activities\t21\t(149)\t0\t(128)\nGas activities\t0\t558\t0\t558\nTotal\t21\t409\t0\t430\n", "q10k_tbl_213": "As of December 31 (M$)\tHigh\tLow\tAverage\tYear end\n2015\t11.6\t5.5\t8.6\t7.4\n2014\t12.9\t3.3\t7.7\t5.1\n2013\t12.9\t4.5\t8.2\t9.8\n", "q10k_tbl_214": "As of December 31 (M$)\tHigh\tLow\tAverage\tYear end\n2015\t15.8\t2.0\t7.1\t8.0\n2014\t15.4\t3.2\t6.0\t4.0\n2013\t11.4\t3.0\t5.8\t6.2\n", "q10k_tbl_215": "\t\t\tChange in fair value due to a change in interest rate by\t\nAssets / (Liabilities) (M$)\tCarrying amount\tEstimated fair value\t+ 10 basis points\t- 10 basis points\nAs of December 31 2015\t\t\t\t\nBonds (non-current portion before swaps)\t(39257)\t(40087)\t156\t(156)\nSwaps hedging fixed-rates bonds (liabilities)\t(2891)\t(2891)\t0\t0\nSwaps hedging fixed-rates bonds (assets)\t1219\t1219\t0\t0\nTotal swaps hedging fixed-rates bonds (assets and liabilities)\t(1672)\t(1672)\t(144)\t144\nCurrent portion of non-current debt after swap (excluding capital lease obligations)\t4518\t4518\t5\t(5)\nOther interest rates swaps\t(1)\t(1)\t8\t(8)\nCurrency swaps and forward exchange contracts\t(26)\t(26)\t0\t0\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\n", "q10k_tbl_216": "For the year ended December 31 (M$)\t2015\t2014\t2013\nCost of net debt\t(873)\t(640)\t(804)\nInterest rate translation of :\t\t\t\n+ 10 basis points\t(20)\t(19)\t(15)\n- 10 basis points\t20\t19\t15\n+ 100 basis points\t(204)\t(193)\t(150)\n- 100 basis points\t204\t193\t150\n", "q10k_tbl_217": "\tDollar / Euro exchange rates\t\tDollar / Pound sterling exchange rates\t\tDollar / Ruble exchange rates\t\nDecember 31 2015\t\t0.92\t\t0.67\t\t74.10\nDecember 31 2014\t\t0.82\t\t0.64\t\t59.58\nDecember 31 2013\t\t0.73\t\t0.60\t\t32.87\n", "q10k_tbl_218": "As of December 31 2015 (M$)\tTotal\tEuro\tDollar\tPound sterling\tRuble\tOther currencies\nShareholders' equity at historical exchange rate\t104613\t37345\t46272\t5926\t6816\t8254\nCurrency translation adjustment before net investment hedge\t(12119)\t(5337)\t0\t(1145)\t(3936)\t(1701)\nNet investment hedge - open instruments\t0\t0\t0\t0\t0\t0\nShareholders' equity at exchange rate as of December 31 2015\t92494\t32008\t46272\t4781\t2880\t6553\nAs 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\n", "q10k_tbl_219": "As of December 31 2015 (M$)\tEuro\tPound sterling\tRuble\nImpact of an increase of 10% of exchange rates on :\t\t\t\n- shareholders equity\t3201\t478\t288\n- net income\t225\t29\t24\nImpact of a decrease of 10% of exchange rates on :\t\t\t\n- shareholders equity\t(3201)\t(478)\t(288)\n- net income\t(225)\t(29)\t(24)\n", "q10k_tbl_220": "As of December 31 2015 (M$) 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(4602)\t(4420)\t(5542)\t(4965)\t(23716)\t(43245)\nCurrent borrowings\t(12488)\t0\t0\t0\t0\t0\t(12488)\nOther current financial liabilities\t(171)\t0\t0\t0\t0\t0\t(171)\nCurrent financial assets\t6190\t0\t0\t0\t0\t0\t6190\nAssets and liabilities available for sale or exchange\t(141)\t0\t0\t0\t0\t0\t(141)\nCash and cash equivalents\t23269\t0\t0\t0\t0\t0\t23269\nNet amount before financial expense\t16659\t(4602)\t(4420)\t(5542)\t(4965)\t(23716)\t(26586)\nFinancial expense on non-current financial debt\t(763)\t(813)\t(747)\t(663)\t(524)\t(1104)\t(4614)\nInterest differential on swaps\t131\t171\t48\t(55)\t(126)\t(610)\t(441)\nNet amount\t16027\t(5244)\t(5119)\t(6260)\t(5615)\t(25430)\t(31641)\nAs 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)\n", "q10k_tbl_221": "As of December 31 (M$) Assets/(Liabilities)\t2015\t2014\t2013\nAccounts payable\t(20928)\t(24150)\t(30282)\nOther operating liabilities\t(9914)\t(7935)\t(8191)\nincluding financial instruments related to commodity contracts\t(1609)\t(1073)\t(848)\nAccounts receivable net\t10629\t15704\t23422\nOther operating receivables\t10909\t10792\t9917\nincluding financial instruments related to commodity contracts\t3379\t2502\t1278\nTotal\t(9304)\t(5589)\t(5134)\n", "q10k_tbl_222": "As of December 31 (M$) Assets/(Liabilities)\t2015\t2014\t2013\nLoans to equity affiliates (Note 12)\t4378\t4626\t3554\nLoans and advances (Note 14)\t3407\t3326\t3575\nHedging instruments of non-current financial debt (Note 20)\t1219\t1319\t1418\nAccounts receivable (Note 16)\t10629\t15704\t23422\nOther operating receivables (Note 16)\t10909\t10792\t9917\nCurrent financial assets (Note 20)\t6190\t1293\t739\nCash and cash equivalents (Note 27)\t23269\t25181\t20200\nTotal\t60001\t62241\t62825\n", "q10k_tbl_223": "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 SA\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\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 PETROLEUM IRAN\t100.00%\t\tFRANCE\tIRAN\n\tELF PETROLEUM UK LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\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\tBERMUDA\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\tMABRUK OIL OPERATIONS\t49.02%\t\tFRANCE\tLIBYA\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\tNIGERIA LNG LTD\t15.00%\tE\tNIGERIA\tNIGERIA\n\tNORPIPE OIL AS\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\t18.90%\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\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\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(a)\t58.64%\tE\tRUSSIAN FEDERATION\tRUSSIAN FEDERATION\n\tTOTAL (BTC) B.V.\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n", "q10k_tbl_224": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tTOTAL ABU AL BUKHOOSH\t100.00%\t\tFRANCE\tUNITED ARAB EMIRATES\n\tTOTAL AUSTRAL\t100.00%\t\tFRANCE\tARGENTINA\n\tTOTAL BRAZIL SERVICES B.V.\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tTOTAL COLOMBIA PIPELINE\t100.00%\t\tFRANCE\tCOLOMBIA\n\tTOTAL DOLPHIN MIDSTREAM\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL E&P ABSHERON BV\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 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 BV\t100.00%\t\tNETHERLANDS\tAZERBAIJAN\n\tTOTAL E&P BOLIVIE\t100.00%\t\tFRANCE\tBOLIVIA\n\tTOTAL E&P BORNEO BV\t100.00%\t\tNETHERLANDS\tBRUNEI DARUSSALAM\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\tCOTE D'IVOIRE\n\tTOTAL E&P COTE D'IVOIRE CI-514\t100.00%\t\tFRANCE\tCOTE D'IVOIRE\n\tTOTAL E&P COTE D'IVOIRE CI-515\t100.00%\t\tFRANCE\tCOTE D'IVOIRE\n\tTOTAL E&P COTE D'IVOIRE CI-516\t100.00%\t\tFRANCE\tCOTE D'IVOIRE\n\tTOTAL E&P CYPRUS B.V.\t100.00%\t\tNETHERLANDS\tCYPRUS\n\tTOTAL E&P DEEP OFFSHORE BORNEO BV\t100.00%\t\tNETHERLANDS\tBRUNEI DARUSSALAM\n\tTOTAL E&P DENMARK BV\t100.00%\t\tNETHERLANDS\tDENMARK\n\tTOTAL E&P DO BRASIL LTDA\t100.00%\t\tBRAZIL\tBRAZIL\n\tTOTAL E&P DOLPHIN UPSTREAM\t100.00%\t\tFRANCE\tFRANCE\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\t100.00%\t\tFRANCE\tFRANCE\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 HOLDINGS UAE BV\t100.00%\t\tNETHERLANDS\tUNITED ARAB EMIRATES\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\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", "q10k_tbl_225": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\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\tLIBYA\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 BV\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 A/S\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", "q10k_tbl_226": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tTOTAL E&P SERVICES CHINA CO. LTD\t100.00%\t\tCHINA\tCHINA\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\tTOTAL E&P THAILAND\t100.00%\t\tFRANCE\tTHAILAND\n\tTOTAL E&P UGANDA BV\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 BV\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 EXPLORATION PRODUCTION TIMAN-PECHORA LLC\t100.00%\t\tRUSSIAN FEDERATION\tRUSSIAN FEDERATION\n\tTOTAL FACILITIES MANAGEMENT BV\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 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 Y ELECTRICIDAD ARGENTINA SA\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 BV\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\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL HOLDINGS INTERNATIONAL B.V.\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tTOTAL HOLDINGS NEDERLAND BV\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 BV\t100.00%\t\tNETHERLANDS\tVENEZUELA\n", "q10k_tbl_227": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\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 SHTOKMAN BV\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 BV\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\tFRANCE\n\tTOTAL YEMEN LNG COMPANY LTD.\t100.00%\t\tBERMUDA\tBERMUDA\n\tTRANSPORTADORA DE GAS DEL MERCOSUR SA\t32.68%\tE\tARGENTINA\tARGENTINA\n\tUNITAH COLORADO RESOURCES II LLC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tYAMAL LNG(b)\t31.35%\tE\tRUSSIAN FEDERATION\tRUSSIAN FEDERATION\n\tYEMEN LNG COMPANY LTD\t39.62%\tE\tBERMUDA\tYEMEN\n\tYPERGAS SA\t37.33%\t\tVENEZUELA\tVENEZUELA\nRefining & Chemicals\tAPPRYL SNC\t50.00%\t\tFRANCE\tFRANCE\n\tATLANTIC TRADING AND MARKETING INC.\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tATOTECH (CHONGQUING) CHEMICALS LTD.\t100.00%\t\tCHINA\tCHINA\n\tATOTECH ASIA PACIFIC\t100.00%\t\tHONG KONG\tHONG KONG\n\tATOTECH BV\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 SA\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\tKOREA REPUBLIC OF\tKOREA REPUBLIC OF\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 U.K.\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n", "q10k_tbl_228": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tATOTECH USA INC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tATOTECH VIETNAM COMPANY LIMITED\t100.00%\t\tVIETNAM\tVIETNAM\n\tBALZATEX SAS\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\tBOU VERWALTUNGS GMBH\t100.00%\t\tGERMANY\tGERMANY\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\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 SA\t100.00%\t\tFRANCE\tFRANCE\n\tCSSA-CHARTERING AND SHIPPING SERVICES SA\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\tGRACE DEVELOPMENT LIMITED\t100.00%\t\tHONG KONG\tHONG KONG\n\tGRANDE PAROISSE SA\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\tHANWHA TOTAL PETROCHEMICAL CO. LTD\t50.00%\tE\tKOREA REPUBLIC OF\tKOREA REPUBLIC OF\n\tHBA HUTCHINSON BRASIL AUTOMOTIVE LTDA\t100.00%\t\tBRAZIL\tBRAZIL\n\tHUTCH MAROC SARL AU\t100.00%\t\tMOROCCO\tMOROCCO\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 SAS\t100.00%\t\tFRANCE\tFRANCE\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 SA\t100.00%\t\tARGENTINA\tARGENTINA\n\tHUTCHINSON AUTOPARTES DE MEXICO SA.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\tHUTCHINSON D.O.O. BEOGRAD\t100.00%\t\tSERBIA\tSERBIA\n\tHUTCHINSON DO BRASIL SA\t100.00%\t\tBRAZIL\tBRAZIL\n", "q10k_tbl_229": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tHUTCHINSON FLEXIBLE AUTOMOBILE SNC\t100.00%\t\tFRANCE\tFRANCE\n\tHUTCHINSON FLUID MANAGEMENT SYSTEMS INC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tHUTCHINSON GMBH\t100.00%\t\tGERMANY\tGERMANY\n\tHUTCHINSON HOLDING 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\tKOREA REPUBLIC OF\tKOREA REPUBLIC OF\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 RUBBER PRODUCTS PRIVATE LIMITED INDE\t100.00%\t\tINDIA\tINDIA\n\tHUTCHINSON SA\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 SA.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 SA\t100.00%\t\tSWITZERLAND\tSWITZERLAND\n\tHUTCHINSON TRANSFERENCIA DE FLUIDOS SA.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 SAS\t99.89%\t\tFRANCE\tFRANCE\n\tJPR SAS\t100.00%\t\tFRANCE\tFRANCE\n\tKEUMHAN VIETMAN 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\tLAFFAN REFINERY COMPANY LIMITED 2\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 SAS\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\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 SA\t100.00%\t\tBELGIUM\tBELGIUM\n", "q10k_tbl_230": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tPAULSTRA SNC\t100.00%\t\tFRANCE\tFRANCE\n\tPOLYBLEND GMBH\t68.00%\t\tGERMANY\tGERMANY\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\tSAN JACINTO RAIL LIMITED\t17.00%\tE\tUNITED STATES\tUNITED STATES\n\tSAUDI ARAMCO TOTAL REFINING AND PETROCHEMICAL COMPANY\t37.50%\tE\tSAUDI ARABIA\tSAUDI ARABIA\n\tSEALANTS EUROPE\t34.00%\tE\tFRANCE\tFRANCE\n\tSIGMAKALON GROUP BV\t100.00%\t\tNETHERLANDS\tNETHERLANDS\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\tTOTAL ACTIVITES MARITIMES\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL DEUTSCHLAND GMBH(c)\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 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 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 ORDOS BV\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tTOTAL PETROCHEMICALS & REFINING USA INC(c)\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL PETROCHEMICALS & REFINING SA/NV(c)\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 SAS\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 SA\t100.00%\t\tSWITZERLAND\tSWITZERLAND\n", "q10k_tbl_231": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tTOTSA TOTAL OIL TRADING SA\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\tVIBRACHOC SAU\t100.00%\t\tSPAIN\tSPAIN\n\tZEELAND REFINERY N.V.\t55.00%\t\tNETHERLANDS\tNETHERLANDS\nMarketing & Services\t8POINT3 ENERGY PARTNERS LP\t22.99%\tE\tUNITED STATES\tUNITED STATES\n\t8POINT3 GENERAL PARTNER LLC\t28.74%\tE\tUNITED STATES\tUNITED STATES\n\t8POINT3 HOLDING COMPANY LLC\t28.74%\tE\tUNITED STATES\tUNITED STATES\n\t8POINT3 OPERATING COMPANY LLC\t22.99%\tE\tUNITED STATES\tUNITED STATES\n\tAETOLIA ENERGY SITE ANONYMI ENERGEIAKI ETAIREIA (DISTINCTIVE TIEL AETOLIA ENERGEIAKI ETAIREIA)\t40.23%\t\tGREECE\tGREECE\n\tAETOLIA ENERGY SITE MALTA LIMITED\t57.48%\t\tMALTA\tMALTA\n\tAIR TOTAL (SUISSE) SA\t100.00%\t\tSWITZERLAND\tSWITZERLAND\n\tAIR TOTAL INTERNATIONAL SA\t100.00%\t\tSWITZERLAND\tSWITZERLAND\n\tALEXSUN 1 MALTA LIMITED\t57.48%\t\tMALTA\tMALTA\n\tALEXSUN2 MALTA LIMITED\t57.48%\t\tMALTA\tMALTA\n\tALMYROS ENERGY SOLUTION ANONYMI ENERGEIAKI ETAIREIA (DISTINCTIVE TITLE ALMYROS ENERGEIAKI A.E.)\t40.23%\t\tGREECE\tGREECE\n\tALMYROS ENERGY SOLUTION MALTA LIMITED\t57.48%\t\tMALTA\tMALTA\n\tALVEA\t100.00%\t\tFRANCE\tFRANCE\n\tAMYRIS INC.\t31.52%\tE\tUNITED STATES\tUNITED STATES\n\tANTILLES GAZ\t100.00%\t\tFRANCE\tFRANCE\n\tARAGONNE SOLAR LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tARDECHES SOLAIRE-DRAGA 1\t57.48%\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.\t28.74%\tE\tMALAYSIA\tMALAYSIA\n\tBADENHORST PV 2 HOLD CO LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tBEIT HAGEDI RENEWABLE ENERGIES LTD\t57.48%\t\tISRAEL\tISRAEL\n\tBERTOPHASE (PTY) LTD\t57.48%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tBLUESTEM SOLAR LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tBNB BLOOMFIELD SOLAR LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tBOULDER SOLAR II LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tBOULDER SOLAR III LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tBOULDER SOLAR POWER PARENT LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tBOULDER SOLAR POWER LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tBUFFALO NORTH STAR SOLAR LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tCALDEO\t100.00%\t\tFRANCE\tFRANCE\n\tCENTRALE SOLAIRE 1\t57.48%\t\tFRANCE\tUNITED STATES\n\tCENTRALE SOLAIRE 2\t57.48%\t\tFRANCE\tUNITED STATES\n\tCHARENTE MARITIME SOLAIRE-ST LEGER 1\t57.48%\t\tFRANCE\tFRANCE\n\tCHARVET LA MURE BIANCO\t100.00%\t\tFRANCE\tFRANCE\n\tCOGENRA DEVELOPMENT INC.\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tCOGENRA SOLAR INC.\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tCOMPAGNIE PETROLIERE DE L'OUEST- CPO\t100.00%\t\tFRANCE\tFRANCE\n\tCOOPER RANCH SOLAR LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tCORONA SANDS LLC\t28.74%\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 HOLD CO LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tDESERT SUNBURST LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tDIAMOND ENERGY PTY LTD\t14.37%\tE\tAUSTRALIA\tAUSTRALIA\n", "q10k_tbl_232": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tDRAGONFLY SYSTEMS INC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tEAU CHAUDE REUNION (ECR)\t50.00%\tE\tFRANCE\tFRANCE\n\tEGEDIS\t100.00%\t\tFRANCE\tFRANCE\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\tFIRST PHILEC SOLAR CORPORATION\t8.62%\tE\tPHILIPPINES\tPHILIPPINES\n\tFIWADO BV\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tGEORGIA SUN I LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tGILAT RENEWABLE ENERGIES LTD\t57.48%\t\tISRAEL\tISRAEL\n\tGOLDEN FIELDS SOLAR I LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tGOLDEN FIELDS SOLAR II LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tGOLDEN FIELDS SOLAR III LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tGOLDEN FIELDS SOLAR IV LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tGREENBOTICS INC.\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tGUANGZHOU ELF LUBRICANTS CO LTD\t77.00%\t\tCHINA\tCHINA\n\tHELIOS RESIDENTIAL SOLAR FUND LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tHEMATHIA SUCCESSFUL ANONYMI ENERGEIAKI ETAIREIA (DISTINCTIVE TITLE HEMATHIA SUCCESSFUL A.E.)\t40.23%\t\tGREECE\tGREECE\n\tHEMETHIA SUCCESSFUL LIMITED\t57.48%\t\tMALTA\tMALTA\n\tHIGH PLAINS RANCH I LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tHUAXIA CPV (INNER MONGOLIA) POWER CO. LTD\t14.37%\tE\tCHINA\tCHINA\n\tIMMO ENERGIE\t57.48%\t\tFRANCE\tFRANCE\n\tINDUSTRIAL POWER SERVICES LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tINFIGEN ENERGY US DEVELOPMENT LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tINFIGEN ENERGY US SOLAR ONE LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tINFINITE SUNSHINE 2015-1 LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tINSTITUT PHOTOVOLTAIQUE D'ILE DE FRANCE (IPVF)\t43.00%\t\tFRANCE\tFRANCE\n\tJAVA SOLAR LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tJDA OVERSEAS HOLDINGS LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tKERN HIGH SCHOOL DISTRICT SOLAR (2) LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tKERN HIGH SCHOOL DISTRICT SOLAR LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tKLIPGATS PV 3 HOLD CO LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tKLIPGATS PV 7 HOLD CO LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tKOZANI ENERGY ANONYMI ENERGEIAKI ETAIREIA (DISTINCTIVE TITLE KOZANI ENERGY S.A.)\t57.48%\t\tGREECE\tGREECE\n\tKOZANI ENERGY MALTA LIMITED\t57.48%\t\tMALTA\tMALTA\n\tLEMOORE STRATFORD LAND HOLDINGS IV LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tLIVINGSTON RIDGE SOLAR LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tLOVING SOLAR LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tLUCERNE VALLEY SOLAR I LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tLUCERNE VALLEY SOLAR ONE HOLDINGS LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tLUIS SOLAR LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tLUX RESIDENTIAL SOLAR FUND LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tMESQUITE SOLAR I LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tMICHEL MINERALÖLHANDEL GMBH\t100.00%\t\tGERMANY\tGERMANY\n\tMULILO PRIESKA PV (RF) PROPRIETARY LIMITED\t27.00%\tE\tSOUTH AFRICA\tSOUTH AFRICA\n\tNAPA SANITATION DISTRICT SOLAR LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tNATIONAL PETROLEUM REFINERS OF SOUTH AFRICA (PTY) LTD\t18.22%\tE\tSOUTH AFRICA\tSOUTH AFRICA\n\tNEVATIM GREEN ENERGIES LTD\t57.48%\t\tISRAEL\tISRAEL\n\tNORTHSTAR MACYS EAST COAST 2016 LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tNORTHSTAR MACYS MARYLAND 2015 LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tNORTHSTAR MACYS US WEST 2016 LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n", "q10k_tbl_233": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tNORTHSTAR SANTA CLARA COUNTY 2016 LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tOCHOA SOLAR LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tPARREY PARENT LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tPARREY LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tPATISH (WEST) GREEN ENERGIES LTD\t57.48%\t\tISRAEL\tISRAEL\n\tPHANTOM FIELD RESOURCES LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tPHOTOVOLTAIC PARK MALTA LIMITED\t57.48%\t\tMALTA\tUNITED STATES\n\tPHOTOVOTAICA PARKA VEROIA ANONYMI ETAIREIA\t57.48%\t\tGREECE\tGREECE\n\tPLUTO ACQUISITION COMPANY LLC\t57.48%\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.)\t40.23%\t\tGREECE\tGREECE\n\tRAY OF SUCCESS MALTA LIMITED\t57.48%\t\tMALTA\tMALTA\n\tREDSTONE SOLAR I LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tRIO BRAVO SOLAR I LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tRIO BRAVO SOLAR II LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tROTEM SUNPOWER LTD\t57.48%\t\tISRAEL\tISRAEL\n\tSAHARA SOLAR INVESTMENT LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSANDY HILLS SOLAR I LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSAUDI TOTAL PETROLEUM PRODUCTS\t51.00%\tE\tSAUDI ARABIA\tSAUDI ARABIA\n\tSERVAUTO NEDERLAND BV\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tSGS ANTELOPE VALLEY DEVELOPMENT LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSGULA (EAST) GREEN ENERGIES LTD\t57.48%\t\tISRAEL\tUNITED STATES\n\tSGULA (WEST) GREEN ENERGIES LTD\t57.48%\t\tISRAEL\tISRAEL\n\tSHAMS POWER COMPANY PJSC\t20.00%\tE\tUNITED ARAB EMIRATES\tUNITED ARAB EMIRATES\n\tSICHUAN SHENGTIAN NEW ENERGY DEVELOPMENT CO. LTD\t2.64%\tE\tCHINA\tUNITED STATES\n\tSOCIETE DES TRANSPORTS PETROLIERS PAR PIPELINE\t35.50%\tE\tFRANCE\tFRANCE\n\tSOCIETE D'EXPLOITATION DE CENTRALES PHOTOVOLTAIQUES 1\t28.80%\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\tKOREA REPUBLIC OF\tKOREA REPUBLIC OF\n\tSOLAR ASSURANCE CAPITAL PTY LTD\t57.48%\t\tAUSTRALIA\tAUSTRALIA\n\tSOLAR GREENHOUSE I LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR ARIZONA HMR-I LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR ARIZONA I LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR ARIZONA II LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR ARIZONA III LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR ARIZONA IV LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR ARIZONA V LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR ARIZONA VI LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR ARIZONA VII LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR ARIZONA XIII LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA I LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA IV LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA VII LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XII LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XL LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XLI PARENT LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XLI LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XLII LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XLIII LLC\t57.48%\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\tSOLAR STAR CALIFORNIA XLIV LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XV PARENT LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XV LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XVI LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XVII LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XVIII LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXI LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXII LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXIII LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXIV LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXIX LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXV LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXVI LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXVII LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXVIII LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXX (2) LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXXIV LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXXIX LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXXV LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXXVI LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXXVII LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CALIFORNIA XXXVIII LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR COLORADO II LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR COLORADO III PARENT LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR COLORADO III LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR CONNECTICUT I LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR HAWAII I LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR HAWAII IV LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR HI AIR LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR NEW JERSEY IV LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR NEW YORK I LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR OCEANSIDE LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR OREGON I LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR RANCHO CWD I LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR TEXAS II LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR TEXAS IV LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLAR STAR YC LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOLARBRIDGE TECHNOLOGIES INC.\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSOUTH ASIA LPG PRIVATE LIMITED\t50.00%\tE\tINDIA\tINDIA\n\tSP CORDOBESA MALTA LIMITED\t57.48%\t\tMALTA\tMALTA\n\tSP QUINTANA MALTA LIMITED\t57.48%\t\tMALTA\tMALTA\n\tSPML LAND INC.\t57.48%\t\tPHILIPPINES\tPHILIPPINES\n\tSPWR ENERGIAS RENOVAVEIS UNIPESSOAL LDA.\t57.48%\t\tPORTUGAL\tPORTUGAL\n\tSPWR EW 2013-1 LLC\t0.57%\t\tUNITED STATES\tUNITED STATES\n\tSPWR MS 2013-1 LLC\t28.74%\t\tUNITED STATES\tUNITED STATES\n\tSPWR SOLAR ENERGEIAKI HELLAS SINGLE MEMBER EPE\t57.48%\t\tGREECE\tGREECE\n\tSPWR USB 2013-1 LLC\t0.57%\t\tUNITED STATES\tUNITED STATES\n\tSPWR USB 2013-2 LLC\t0.57%\t\tUNITED STATES\tUNITED STATES\n\tSPWR USB 2013-3 LLC\t0.57%\t\tUNITED STATES\tUNITED STATES\n\tSSCO III HOLDINGS COMPANY LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSSCO III MANAGING MEMBER LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSSSA LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSTRATA SOLAR LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNFRONT I LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER ACCESS I LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER ASSETCO LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER BERMUDA HOLDINGS\t57.48%\t\tBERMUDA\tBERMUDA\n\tSUNPOWER CAPITAL AUSTRALIA PTY LTD\t57.48%\t\tAUSTRALIA\tAUSTRALIA\n\tSUNPOWER CAPITAL SERVICES LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER CAPITAL LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n", "q10k_tbl_235": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tSUNPOWER COMMERCIAL HOLDING COMPANY II LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER COMMERCIAL HOLDING COMPANY III LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER COMMERCIAL II CLASS B LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER COMMERCIAL III CLASS B LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER CORP ISRAEL LTD\t57.48%\t\tISRAEL\tISRAEL\n\tSUNPOWER CORPORATION\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER CORPORATION (SWITZERLAND) SARL\t57.48%\t\tSWITZERLAND\tSWITZERLAND\n\tSUNPOWER CORPORATION AUSTRALIA PTY LTD\t57.48%\t\tAUSTRALIA\tAUSTRALIA\n\tSUNPOWER CORPORATION LIMITED\t57.48%\t\tHONG KONG\tHONG KONG\n\tSUNPOWER CORPORATION MALTA HOLDINGS LIMITED\t57.48%\t\tMALTA\tMALTA\n\tSUNPOWER CORPORATION MEXICO S. DE R.L. DE C.V.\t57.48%\t\tMEXICO\tMEXICO\n\tSUNPOWER CORPORATION SOUTHERN AFRICA (PTY) LTD\t57.48%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tSUNPOWER CORPORATION SPA\t57.48%\t\tCHILE\tCHILE\n\tSUNPOWER CORPORATION UK LIMITED\t57.48%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tSUNPOWER CORPORATION SYSTEMS\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER DEVCO LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER DEVELOPMENT COMPANY\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER ENERGY CORPORATION LIMITED\t57.48%\t\tHONG KONG\tUNITED STATES\n\tSUNPOWER ENERGY SYSTEMS (PTY) LTD\t57.48%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tSUNPOWER ENERGY SYSTEMS CANADA CORPORATION\t57.48%\t\tCANADA\tCANADA\n\tSUNPOWER ENERGY SYSTEMS KOREA\t57.48%\t\tKOREA REPUBLIC OF\tKOREA REPUBLIC OF\n\tSUNPOWER ENERGY SYSTEMS SINGAPORE PTE LTD\t57.48%\t\tSINGAPORE\tSINGAPORE\n\tSUNPOWER ENERGY SYSTEMS SOUTHERN AFRICA (PTY) LTD\t57.48%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tSUNPOWER ENERGY SYSTEMS SPAIN SL\t57.48%\t\tSPAIN\tSPAIN\n\tSUNPOWER FOUNDATION\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER FRANCE SAS\t57.48%\t\tFRANCE\tFRANCE\n\tSUNPOWER GMBH\t57.48%\t\tGERMANY\tGERMANY\n\tSUNPOWER HOLDCO LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER ITALIA S.R.L.\t57.48%\t\tITALY\tITALY\n\tSUNPOWER JAPAN KK\t57.48%\t\tJAPAN\tJAPAN\n\tSUNPOWER MALTA LIMITED\t57.48%\t\tMALTA\tMALTA\n\tSUNPOWER MANUFACTURING (PTY) LTD\t57.48%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tSUNPOWER MANUFACTURING CORPORATION LIMITED\t57.48%\t\tHONG KONG\tUNITED STATES\n\tSUNPOWER MANUFACTURING DE VERNEJOUL\t57.48%\t\tFRANCE\tFRANCE\n\tSUNPOWER MÜHENDISLIK INSAAT ENERJI URETIM VE TICARET\t57.48%\t\tTURKEY\tTURKEY\n\tSUNPOWER NANAO PARENT LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER NETHERLANDS HOLD CO 1 B.V.\t57.48%\t\tNETHERLANDS\tNETHERLANDS\n\tSUNPOWER NETHERLANDS HOLD CO 2 B.V.\t57.48%\t\tNETHERLANDS\tNETHERLANDS\n\tSUNPOWER NETHERLANDS HOLD CO 3 B.V.\t57.48%\t\tNETHERLANDS\tNETHERLANDS\n\tSUNPOWER NETHERLANDS HOLD CO 4 B.V.\t57.48%\t\tNETHERLANDS\tNETHERLANDS\n\tSUNPOWER NETHERLANDS HOLD CO 5 B.V.\t57.48%\t\tNETHERLANDS\tNETHERLANDS\n", "q10k_tbl_236": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\n\tSUNPOWER NETHERLANDS HOLD CO 6 B.V.\t57.48%\t\tNETHERLANDS\tNETHERLANDS\n\tSUNPOWER NETHERLANDS HOLD CO 7 B.V.\t57.48%\t\tNETHERLANDS\tNETHERLANDS\n\tSUNPOWER NETHERLANDS HOLDINGS B.V.\t57.48%\t\tNETHERLANDS\tNETHERLANDS\n\tSUNPOWER NORTH AMERICA LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER PHILIPPINES LTD. - REGIONAL OPERATING HEADQUARTERS\t57.48%\t\tCAYMAN ISLANDS\tPHILIPPINES\n\tSUNPOWER PHILIPPINES MANUFACTURING LTD.\t57.48%\t\tCAYMAN ISLANDS\tPHILIPPINES\n\tSUNPOWER SOFTWARE I INC.\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER SOLAR ENERGY TECHNOLOGY (TIANJIN) CO. LTD\t57.48%\t\tCHINA\tCHINA\n\tSUNPOWER SOLAR INDIA PRIVATE LIMITED\t57.48%\t\tINDIA\tINDIA\n\tSUNPOWER SOLAR MALAYSIA SDN. BHD.\t57.48%\t\tMALAYSIA\tMALAYSIA\n\tSUNPOWER SOLARPROGRAM III LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER SOLARPROGRAM IV LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER SOLARPROGRAM V LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER SOLARPROGRAM VI LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER SOLARPROGRAM VII LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER SOLARPROGRAM VIII LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER SOLARPROGRAM IX LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNPOWER SYSTEMS BELGIUM SPRL\t57.48%\t\tBELGIUM\tBELGIUM\n\tSUNPOWER SYSTEMS MEXICO S. DE R.L. DE C.V.\t57.48%\t\tMEXICO\tMEXICO\n\tSUNPOWER SYSTEMS SARL\t57.48%\t\tSWITZERLAND\tSWITZERLAND\n\tSUNPOWER TECHNOLOGIES FRANCE SAS\t57.48%\t\tFRANCE\tFRANCE\n\tSUNPOWER TECHNOLOGY LTD.\t57.48%\t\tCAYMAN ISLANDS\tCAYMAN ISLANDS\n\tSUNPOWER YC HOLDINGS LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tSUNRAY ITALY S.R.L.\t57.48%\t\tITALY\tITALY\n\tSUNRENTE INVESTISSEMENT FRANCE SAS\t57.48%\t\tFRANCE\tFRANCE\n\tSUNRISE 1 LLC\t32.49%\t\tUNITED STATES\tUNITED STATES\n\tSUNZIL\t50.00%\tE\tFRANCE\tFRANCE\n\tSUNZIL CARAIBES\t50.00%\tE\tFRANCE\tFRANCE\n\tSUNZIL MAYOTTE SAS\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\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tTEMASOL\t57.48%\t\tMOROCCO\tMOROCCO\n\tTENESOL SAS\t57.48%\t\tFRANCE\tFRANCE\n\tTENESOL SPV1\t57.48%\t\tFRANCE\tFRANCE\n\tTENESOL SPV2\t57.48%\t\tFRANCE\tFRANCE\n\tTENESOL VENEZUELA\t57.48%\t\tVENEZUELA\tVENEZUELA\n\tTORIMODE (PTY) LTD\t57.48%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tTORIPROX (PTY) LTD\t57.48%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tTORISOL (PTY) LTD\t57.48%\t\tSOUTH AFRICA\tSOUTH AFRICA\n\tTOTAL (AFRICA) LIMITED\t100.00%\t\tUNITED KINGDOM\tUNITED KINGDOM\n\tTOTAL (FIJI) LIMITED\t100.00%\t\tFIJI ISLANDS\tFIJI ISLANDS\n\tTOTAL (TIANJIN) MANUFACTURING CO. LTD.\t77.00%\t\tCHINA\tCHINA\n\tTOTAL ABENGOA SOLAR EMIRATES INVESTMENT COMPANY BV\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", "q10k_tbl_237": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\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\t72.99%\t\tCOTE D'IVOIRE\tCOTE D'IVOIRE\n\tTOTAL DENMARK A/S\t100.00%\t\tDENMARK\tDENMARK\n\tTOTAL DEUTSCHLAND GMBH(c)\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\t57.48%\t\tBRAZIL\tBRAZIL\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\t70.00%\t\tEQUATORIAL GUINEA\tEQUATORIAL GUINEA\n\tTOTAL GUINEE\t100.00%\t\tGUINEA\tGUINEA\n\tTOTAL HOLDING ASIE\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL HOLDING INDIA\t100.00%\t\tFRANCE\tFRANCE\n\tTOTAL JAMAICA LTD\t100.00%\t\tJAMAICA\tJAMAICA\n\tTOTAL JORDAN PSC\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\t77.00%\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 SA\t100.00%\t\tLUXEMBOURG\tLUXEMBOURG\n\tTOTAL MADAGASIKARA SA\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 FRANCE\t100.00%\t\tFRANCE\tFRANCE\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\t55.00%\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\tTOTAL MINERALÖL GMBH\t100.00%\t\tGERMANY\tGERMANY\n\tTOTAL MOZAMBIQUE\t100.00%\t\tMOZAMBIQUE\tMOZAMBIQUE\n", "q10k_tbl_238": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\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\t50.00%\tE\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 MARKETING LIMITED\t50.00%\tE\tBAHAMAS\tPAKISTAN\n\tTOTAL PARCO PAKISTAN LIMITED\t50.00%\tE\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 SA\t100.00%\t\tSWITZERLAND\tSWITZERLAND\n\tTOTAL SWAZILAND (PTY) LTD\t50.10%\t\tSWAZILAND\tSWAZILAND\n\tTOTAL TANZANIA LIMITED\t100.00%\t\tTANZANIA\tTANZANIA\n\tTOTAL TOGO\t76.72%\t\tTOGO\tTOGO\n\tTOTAL TUNISIE\t100.00%\t\tTUNISIA\tTUNISIA\n\tTOTAL TURKEY PARSALAMA\t100.00%\t\tTURKEY\tTURKEY\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\tTOTAL ZIMBABWE LTD\t80.00%\t\tZIMBABWE\tZIMBABWE\n\tTOTALERG SPA\t49.00%\tE\tITALY\tITALY\n\tTUCSON SOLAR COGENERATION I LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tTYCZKA TOTALGAZ GMBH\t50.00%\tE\tGERMANY\tGERMANY\n\tURIM GREEN ENERGIES LTD\t57.48%\t\tISRAEL\tISRAEL\n\tWHIPPLETREE SOLAR LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tWILDWOOD SOLAR II LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tWOOD DRAW SOLAR LLC\t57.48%\t\tUNITED STATES\tUNITED STATES\n\tZRUHA GREEN ENERGIES LTD\t57.48%\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", "q10k_tbl_239": "Business segment\tStatutory corporate name\t% Group interest\tMethod\tCountry of incorporation\tCountry of operations\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 SAS\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\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 SA\t100.00%\t\tBELGIUM\tBELGIUM\n\tTOTAL FINANCE INTERNATIONAL B.V.\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tTOTAL FINANCE NEDERLAND BV\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tTOTAL FINANCE USA INC\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL FUNDING NEDERLAND BV\t100.00%\t\tNETHERLANDS\tNETHERLANDS\n\tTOTAL FUNDING NEDERLAND INTERNATIONAL 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 SA\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(c)\t100.00%\t\tUNITED STATES\tUNITED STATES\n\tTOTAL PETROCHEMICALS & REFINING SA/NV(c)\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_240": "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 - CIS (excl. Russia)\tRussia\tTotal\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\nRevisions of previous estimates\t(10)\t(121)\t144\t110\t73\t0\t196\nExtensions discoveries and other\t11\t9\t6\t864\t7\t0\t897\nAcquisitions of reserves in place\t0\t0\t0\t0\t0\t0\t0\nSales of reserves in place\t(28)\t(76)\t(160)\t0\t0\t0\t(264)\nProduction for the year\t(137)\t(247)\t(79)\t(91)\t(94)\t(4)\t(652)\nBalance as of December 31 2015\t1272\t2063\t1799\t1265\t1566\t25\t7990\nMinority interest in proved developed and undeveloped reserves as of\t\t\t\t\t\t\t\nDecember 31 2013\t0\t159\t0\t0\t0\t0\t159\nDecember 31 2014\t0\t146\t0\t0\t0\t0\t146\nDecember 31 2015\t0\t128\t0\t0\t0\t0\t128\nProved 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 - CIS (excl. Russia)\tRussia\tTotal\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\nRevisions of previous estimates\t0\t(2)\t(44)\t(10)\t0\t96\t40\nExtensions discoveries and other\t0\t0\t0\t0\t0\t0\t0\nAcquisitions of reserves in place\t0\t0\t0\t0\t0\t56\t56\nSales of reserves in place\t0\t0\t0\t0\t0\t(12)\t(12)\nProduction for the year\t0\t0\t(14)\t(88)\t0\t(102)\t(204)\nBalance as of December 31 2015\t0\t71\t178\t1121\t0\t2220\t3590\n", "q10k_tbl_241": "\tConsolidated subsidiaries and equity affiliates\t\t\t\t\t\t\n(in million barrels of oil equivalent)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia - CIS (excl. Russia)\tRussia\tTotal\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\nAs of December 31 2015\t\t\t\t\t\t\t\nProved developed and undeveloped reserves\t1272\t2134\t1977\t2386\t1566\t2245\t11580\nConsolidated subsidiaries\t1272\t2063\t1799\t1265\t1566\t25\t7990\nEquity affiliates\t0\t71\t178\t1121\t0\t2220\t3590\nProved developed reserves\t756\t1215\t626\t2020\t499\t1070\t6186\nConsolidated subsidiaries\t756\t1203\t549\t1028\t499\t16\t4051\nEquity affiliates\t0\t12\t77\t992\t0\t1054\t2135\nProved undeveloped reserves\t516\t919\t1351\t366\t1067\t1175\t5394\nConsolidated subsidiaries\t516\t860\t1250\t237\t1067\t9\t3939\nEquity affiliates\t0\t59\t101\t129\t0\t1166\t1455\n", "q10k_tbl_242": "Proved developed and undeveloped reserves\tConsolidated subsidiaries\t\t\t\t\t\t\n(in million barrels)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia - CIS (excl. Russia)\tRussia\tTotal\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\nRevisions of previous estimates\t(18)\t(120)\t27\t76\t20\t0\t(15)\nExtensions discoveries and other\t4\t8\t2\t856\t0\t0\t870\nAcquisitions of reserves in place\t0\t0\t0\t0\t0\t0\t0\nSales of reserves in place\t(4)\t(57)\t0\t0\t0\t0\t(61)\nProduction for the year\t(60)\t(198)\t(16)\t(78)\t(12)\t(3)\t(367)\nBalance as of December 31 2015\t540\t1480\t101\t1022\t640\t23\t3806\nMinority interest in proved developed and undeveloped reserves as of\t\t\t\t\t\t\t\nDecember 31 2013\t0\t140\t0\t0\t0\t0\t140\nDecember 31 2014\t0\t128\t0\t0\t0\t0\t128\nDecember 31 2015\t0\t115\t0\t0\t0\t0\t115\nProved developed and undeveloped reserves\tEquity affiliates\t\t\t\t\t\t\n(in million barrels)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia - CIS (excl. Russia)\tRussia\tTotal\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\nRevisions of previous estimates\t0\t6\t(42)\t(11)\t0\t34\t(13)\nExtensions discoveries and other\t0\t0\t0\t0\t0\t0\t0\nAcquisitions of reserves in place\t0\t0\t0\t0\t0\t6\t6\nSales of reserves in place\t0\t0\t0\t0\t0\t(2)\t(2)\nProduction for the year\t0\t0\t(14)\t(50)\t0\t(17)\t(81)\nBalance as of December 31 2015\t0\t13\t170\t260\t0\t246\t689\n", "q10k_tbl_243": "\tConsolidated subsidiaries and equity affiliates\t\t\t\t\t\t\n(in million barrels)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia - CIS (excl. Russia)\tRussia\tTotal\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\t1854\t314\t489\t632\t251\t4158\nConsolidated subsidiaries\t618\t1847\t88\t168\t632\t26\t3379\nEquity affiliates\t0\t7\t226\t321\t0\t225\t779\nProved developed reserves\t263\t1069\t136\t377\t200\t136\t2181\nConsolidated subsidiaries\t263\t1065\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\nAs of December 31 2015\t\t\t\t\t\t\t\nProved developed and undeveloped reserves\t540\t1493\t271\t1282\t640\t269\t4495\nConsolidated subsidiaries\t540\t1480\t101\t1022\t640\t23\t3806\nEquity affiliates\t0\t13\t170\t260\t0\t246\t689\nProved developed reserves\t262\t865\t145\t1032\t200\t151\t2655\nConsolidated subsidiaries\t262\t862\t71\t817\t200\t15\t2227\nEquity affiliates\t0\t3\t74\t215\t0\t136\t428\nProved undeveloped reserves\t278\t628\t126\t250\t440\t118\t1840\nConsolidated subsidiaries\t278\t618\t30\t205\t440\t8\t1579\nEquity affiliates\t0\t10\t96\t45\t0\t110\t261\n", "q10k_tbl_244": "Proved developed and undeveloped reserves\tConsolidated subsidiaries\t\t\t\t\t\t\n(in million barrels)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia - CIS (excl. Russia)\tRussia\tTotal\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\nRevisions of previous estimates\t0\t0\t130\t0\t0\t0\t130\nExtensions discoveries and other\t0\t0\t0\t0\t0\t0\t0\nAcquisitions of reserves in place\t0\t0\t0\t0\t0\t0\t0\nSales of reserves in place\t0\t0\t(160)\t0\t0\t0\t(160)\nProduction for the year\t0\t0\t(5)\t0\t0\t0\t(5)\nBalance as of December 31 2015\t0\t0\t1110\t0\t0\t0\t1110\nProved developed reserves as of\t\t\t\t\t\t\t\nDecember 31 2013\t0\t0\t15\t0\t0\t0\t15\nDecember 31 2014\t0\t0\t17\t0\t0\t0\t17\nDecember 31 2015\t0\t0\t100\t0\t0\t0\t100\nProved undeveloped reserves as of\t\t\t\t\t\t\t\nDecember 31 2013\t0\t0\t1073\t0\t0\t0\t1073\nDecember 31 2014\t0\t0\t1128\t0\t0\t0\t1128\nDecember 31 2015\t0\t0\t1010\t0\t0\t0\t1010\n", "q10k_tbl_245": "Proved developed and undeveloped reserves\tConsolidated subsidiaries\t\t\t\t\t\t\n(in billion cubic feet)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia - CIS (excl. Russia)\tRussia\tTotal\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\nRevisions of previous estimates\t46\t(33)\t(92)\t174\t304\t1\t400\nExtensions discoveries and other\t40\t7\t24\t42\t38\t0\t151\nAcquisitions of reserves in place\t0\t0\t0\t0\t0\t0\t0\nSales of reserves in place\t(135)\t(93)\t0\t0\t0\t0\t(228)\nProduction for the year\t(424)\t(247)\t(324)\t(75)\t(471)\t(1)\t(1542)\nBalance as of December 31 2015\t3969\t2918\t3301\t1359\t4986\t15\t16548\nMinority interest in proved developed and undeveloped reserves as of\t\t\t\t\t\t\t\nDecember 31 2013\t0\t87\t0\t0\t0\t0\t87\nDecember 31 2014\t0\t91\t0\t0\t0\t0\t91\nDecember 31 2015\t0\t64\t0\t0\t0\t0\t64\nProved developed and undeveloped reserves\tEquity affiliates\t\t\t\t\t\t\n(in billion cubic feet)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia - CIS (excl. Russia)\tRussia\tTotal\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\nRevisions of previous estimates\t0\t(45)\t(11)\t6\t0\t337\t287\nExtensions discoveries and other\t0\t0\t0\t0\t0\t0\t0\nAcquisitions of reserves in place\t0\t0\t0\t0\t0\t267\t267\nSales of reserves in place\t0\t0\t0\t0\t0\t(52)\t(52)\nProduction for the year\t0\t0\t(3)\t(208)\t0\t(456)\t(667)\nBalance as of December 31 2015\t0\t311\t48\t4695\t0\t10604\t15658\n", "q10k_tbl_246": "\tConsolidated subsidiaries and equity affiliates\t\t\t\t\t\t\n(in billion cubic feet)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia - CIS (excl. Russia)\tRussia\tTotal\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\t4722\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\nAs of December 31 2015\t\t\t\t\t\t\t\nProved developed and undeveloped reserves\t3969\t3229\t3349\t6054\t4986\t10619\t32206\nConsolidated subsidiaries\t3969\t2918\t3301\t1359\t4986\t15\t16548\nEquity affiliates\t0\t311\t48\t4695\t0\t10604\t15658\nProved developed reserves\t2682\t1726\t2153\t5442\t1717\t4890\t18610\nConsolidated subsidiaries\t2682\t1680\t2133\t1207\t1717\t6\t9425\nEquity affiliates\t0\t46\t20\t4235\t0\t4884\t9185\nProved undeveloped reserves\t1287\t1503\t1196\t612\t3269\t5729\t13596\nConsolidated subsidiaries\t1287\t1238\t1168\t152\t3269\t9\t7123\nEquity affiliates\t0\t265\t28\t460\t0\t5720\t6473\n", "q10k_tbl_247": "\t\tConsolidated subsidiaries\t\t\t\t\t\t\n(M$)\t\tEurope\tAfrica\tAmericas\tMiddle East\tAsia - CIS (excl. Russia)\tRussia\tTotal\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\n2015\t\t\t\t\t\t\t\t\nRevenues\tNon-Group sales\t1343\t1191\t970\t2138\t3015\t0\t8657\n\tGroup sales\t3821\t7959\t271\t1715\t351\t129\t14246\nTotal Revenues\t\t5164\t9150\t1241\t3853\t3366\t129\t22903\nProduction costs\t\t(1485)\t(1847)\t(497)\t(591)\t(492)\t(34)\t(4946)\nExploration expenses\t\t(572)\t(694)\t(114)\t(147)\t(461)\t(3)\t(1991)\nDepreciation depletion and amortization and valuation allowances\t\t(2335)\t(6941)\t(1548)\t(558)\t(3563)\t(203)\t(15148)\nOther expenses(a)\t\t(350)\t(841)\t(280)\t(2637)\t(121)\t(16)\t(4245)\nPre-tax income from producing activities\t\t422\t(1173)\t(1198)\t(80)\t(1271)\t(127)\t(3427)\nIncome tax\t\t443\t(242)\t210\t(101)\t(158)\t(4)\t148\nResults of oil and gas producing activities\t\t865\t(1415)\t(988)\t(181)\t(1429)\t(131)\t(3279)\n", "q10k_tbl_248": "\t\tEquity affiliates\t\t\t\t\t\t\n(M$)\t\tEurope\tAfrica\tAmericas\tMiddle East\tAsia - CIS (excl. Russia)\tRussia\tTotal\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\n2015\t\t\t\t\t\t\t\t\nRevenues\tNon-Group sales\t0\t0\t380\t812\t0\t670\t1862\n\tGroup sales\t0\t0\t10\t2404\t0\t0\t2414\nTotal Revenues\t\t0\t0\t390\t3216\t0\t670\t4276\nProduction costs\t\t0\t0\t(54)\t(295)\t0\t(127)\t(476)\nExploration expenses\t\t0\t0\t0\t0\t0\t(1)\t(1)\nDepreciation depletion and amortization and valuation allowances\t\t0\t0\t(98)\t(400)\t0\t(58)\t(556)\nOther expenses\t\t0\t0\t(170)\t(1638)\t0\t(134)\t(1942)\nPre-tax income from producing activities\t\t0\t0\t68\t883\t0\t350\t1301\nIncome tax\t\t0\t0\t(36)\t(184)\t0\t(65)\t(285)\nResults of oil and gas producing activities\t\t0\t0\t32\t699\t0\t285\t1016\n", "q10k_tbl_249": "\tConsolidated subsidiaries\t\t\t\t\t\t\n(M$)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia - CIS (excl. Russia)(a)\tRussia\tTotal\n2013\t\t\t\t\t\t\t\nProved property acquisition\t0\t175\t0\t3\t487\t0\t665\nUnproved property acquisition\t17\t512\t2105\t85\t85\t0\t2804\nExploration costs\t679\t889\t585\t231\t538\t4\t2926\nDevelopment costs(b)\t5239\t8545\t3191\t464\t4395\t147\t21981\nTotal cost incurred\t5935\t10121\t5881\t783\t5505\t151\t28376\n2014\t\t\t\t\t\t\t\nProved property acquisition\t57\t17\t0\t(1)\t32\t0\t105\nUnproved property acquisition\t17\t69\t544\t7\t66\t0\t703\nExploration costs\t466\t1057\t375\t228\t485\t9\t2620\nDevelopment costs(b)\t4495\t8126\t3468\t478\t3680\t116\t20363\nTotal cost incurred\t5035\t9269\t4387\t712\t4263\t125\t23791\n2015\t\t\t\t\t\t\t\nProved property acquisition\t37\t59\t0\t1039\t30\t0\t1165\nUnproved property acquisition\t0\t29\t199\t1202\t4\t4\t1438\nExploration costs\t563\t321\t515\t229\t316\t3\t1947\nDevelopment costs(b)\t3987\t7686\t3143\t496\t3129\t97\t18538\nTotal cost incurred\t4587\t8095\t3857\t2966\t3479\t104\t23088\nGroup's share of costs of property acquisition exploration and development\tEquity affiliates\t\t\t\t\t\t\n(M$)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia - CIS (excl. Russia)\tRussia\tTotal\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(b)\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(b)\t0\t0\t195\t500\t0\t692\t1387\nTotal cost incurred\t0\t0\t195\t500\t0\t970\t1665\n2015\t\t\t\t\t\t\t\nProved property acquisition\t0\t0\t0\t0\t0\t218\t218\nUnproved property acquisition\t0\t0\t0\t0\t0\t14\t14\nExploration costs\t0\t0\t0\t8\t0\t0\t8\nDevelopment costs(b)\t0\t0\t83\t398\t0\t405\t886\nTotal cost incurred\t0\t0\t83\t406\t0\t637\t1126\n", "q10k_tbl_250": "\tConsolidated subsidiaries\t\t\t\t\t\t\n(M$)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia - CIS (excl. Russia)(a)\tRussia\tTotal\nAs of December 31 2013\t\t\t\t\t\t\t\nProved properties\t50313\t61728\t15002\t8941\t28047\t950\t164981\nUnproved properties\t888\t5049\t7881\t481\t1123\t0\t15422\nTotal capitalized costs\t51201\t66777\t22883\t9422\t29170\t950\t180403\nAccumulated depreciation depletion and amortization\t(32208)\t(30278)\t(5259)\t(6842)\t(9040)\t(399)\t(84026)\nNet capitalized costs\t18993\t36499\t17624\t2580\t20130\t551\t96377\nAs of December 31 2014\t\t\t\t\t\t\t\nProved properties\t46444\t69277\t17774\t8115\t30622\t1066\t173298\nUnproved properties\t628\t5045\t8309\t566\t1730\t0\t16278\nTotal capitalized costs\t47072\t74322\t26083\t8681\t32352\t1066\t189576\nAccumulated depreciation depletion and amortization\t(28748)\t(34438)\t(10657)\t(6304)\t(11005)\t(496)\t(91648)\nNet capitalized costs\t18324\t39884\t15426\t2377\t21347\t570\t97928\nAs of December 31 2015\t\t\t\t\t\t\t\nProved properties\t44104\t77032\t19630\t9626\t33832\t1163\t185387\nUnproved properties\t524\t4573\t8915\t1847\t1491\t4\t17354\nTotal capitalized costs\t44628\t81605\t28545\t11473\t35323\t1167\t202741\nAccumulated depreciation depletion and amortization\t(28064)\t(41737)\t(11488)\t(6805)\t(13924)\t(699)\t(102717)\nNet capitalized costs\t16564\t39868\t17057\t4668\t21399\t468\t100024\n", "q10k_tbl_251": "\tEquity affiliates\t\t\t\t\t\t\n(M$)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia - CIS (excl. Russia)\tRussia\tTotal\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\t1687\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\nAs of December 31 2015\t\t\t\t\t\t\t\nProved properties\t0\t0\t1500\t4323\t0\t4573\t10396\nUnproved properties\t0\t0\t0\t0\t0\t202\t202\nTotal capitalized costs\t0\t0\t1500\t4323\t0\t4775\t10598\nAccumulated depreciation depletion and amortization\t0\t0\t(403)\t(3192)\t0\t(655)\t(4250)\nNet capitalized costs\t0\t0\t1097\t1131\t0\t4120\t6348\n", "q10k_tbl_252": "\tConsolidated subsidiaries\t\t\t\t\t\t\n(M$)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia - CIS (excl. Russia)\tRussia\tTotal\nAs of December 31 2013\t\t\t\t\t\t\t\nFuture cash inflows\t106968\t205741\t78813\t19413\t93404\t2332\t506671\nFuture production costs\t(24973)\t(50531)\t(36172)\t(6950)\t(18548)\t(1456)\t(138630)\nFuture development costs\t(30534)\t(34364)\t(18844)\t(4282)\t(16570)\t(526)\t(105120)\nFuture income taxes\t(27307)\t(73232)\t(5190)\t(3030)\t(14946)\t(219)\t(123924)\nFuture net cash flows after income taxes\t24154\t47614\t18607\t5151\t43340\t131\t138997\nDiscount at 10%\t(10813)\t(19397)\t(15304)\t(2490)\t(27670)\t(49)\t(75723)\nStandardized measure of discounted future net cash flows\t13341\t28217\t3303\t2661\t15670\t82\t63274\nAs of December 31 2014\t\t\t\t\t\t\t\nFuture cash inflows\t87950\t184975\t87965\t17214\t86184\t2294\t466582\nFuture production costs\t(23722)\t(49796)\t(38776)\t(6240)\t(16700)\t(1255)\t(136489)\nFuture development costs\t(28529)\t(35683)\t(16728)\t(3534)\t(12177)\t(780)\t(97431)\nFuture income taxes\t(15363)\t(59063)\t(5891)\t(2881)\t(13475)\t(172)\t(96845)\nFuture net cash flows after income taxes\t20336\t40433\t26570\t4559\t43832\t87\t135817\nDiscount at 10%\t(7928)\t(16026)\t(19489)\t(2173)\t(29422)\t(5)\t(75043)\nStandardized measure of discounted future net cash flows\t12408\t24407\t7081\t2386\t14410\t82\t60774\nAs of December 31 2015\t\t\t\t\t\t\t\nFuture cash inflows\t46490\t76719\t40866\t55819\t49825\t1045\t270764\nFuture production costs\t(14787)\t(28159)\t(24103)\t(45806)\t(13831)\t(512)\t(127198)\nFuture development costs\t(17956)\t(25035)\t(11104)\t(4907)\t(8751)\t(495)\t(68248)\nFuture income taxes\t(6720)\t(12479)\t(1105)\t(1409)\t(3843)\t(28)\t(25584)\nFuture net cash flows after income taxes\t7027\t11046\t4554\t3697\t23400\t10\t49734\nDiscount at 10%\t(887)\t(3550)\t(4014)\t(2095)\t(15195)\t18\t(25723)\nStandardized measure of discounted future net cash flows\t6140\t7496\t540\t1602\t8205\t28\t24011\n(M$) Minority interests in future net cash flows as of\t\t\t\t\t\t\t\nAs of December 31 2013\t0\t808\t0\t0\t0\t0\t808\nAs of December 31 2014\t0\t1103\t0\t0\t0\t0\t1103\nAs of December 31 2015\t0\t448\t0\t0\t0\t0\t448\n", "q10k_tbl_253": "\tEquity affiliates\t\t\t\t\t\t\n(M$)\tEurope\tAfrica\tAmericas\tMiddle East\tAsia - CIS (excl. Russia)\tRussia\tTotal\nAs of December 31 2013\t\t\t\t\t\t\t\nFuture cash inflows\t0\t1337\t19690\t74872\t0\t37237\t133136\nFuture production costs\t0\t(139)\t(11975)\t(38526)\t0\t(12555)\t(63195)\nFuture development costs\t0\t0\t(1675)\t(3388)\t0\t(5119)\t(10182)\nFuture income taxes\t0\t(347)\t(2865)\t(6722)\t0\t(2189)\t(12123)\nFuture net cash flows after income taxes\t0\t851\t3175\t26236\t0\t17374\t47636\nDiscount at 10%\t0\t(636)\t(1871)\t(13402)\t0\t(16308)\t(32217)\nStandardized measure of discounted future net cash flows\t0\t215\t1304\t12834\t0\t1066\t15419\nAs of December 31 2014\t\t\t\t\t\t\t\nFuture cash inflows\t0\t1698\t16209\t68109\t0\t45472\t131488\nFuture production costs\t0\t0\t(9393)\t(36848)\t0\t(13536)\t(59777)\nFuture development costs\t0\t(132)\t(1683)\t(3814)\t0\t(3190)\t(8819)\nFuture income taxes\t0\t(630)\t(1327)\t(5525)\t0\t(3886)\t(11368)\nFuture net cash flows after income taxes\t0\t936\t3806\t21922\t0\t24860\t51524\nDiscount at 10%\t0\t(575)\t(2078)\t(10331)\t0\t(19447)\t(32431)\nStandardized measure of discounted future net cash flows\t0\t361\t1728\t11591\t0\t5413\t19093\nAs of December 31 2015\t\t\t\t\t\t\t\nFuture cash inflows\t0\t52\t7736\t36231\t0\t21779\t65798\nFuture production costs\t0\t0\t(2884)\t(16814)\t0\t(7973)\t(27671)\nFuture development costs\t0\t(28)\t(547)\t(2638)\t0\t(1146)\t(4359)\nFuture income taxes\t0\t(29)\t(918)\t(2818)\t0\t(3540)\t(7305)\nFuture net cash flows after income taxes\t0\t(5)\t3387\t13961\t0\t9120\t26463\nDiscount at 10%\t0\t(98)\t(1759)\t(7009)\t0\t(8116)\t(16982)\nStandardized measure of discounted future net cash flows\t0\t(103)\t1628\t6952\t0\t1004\t9481\n", "q10k_tbl_254": "\tConsolidated subsidiaries\t\t\n(M$)\t2013\t2014\t2015\nBeginning of year\t67152\t63274\t60774\nSales and transfers net of production costs\t(32860)\t(26647)\t(14209)\nNet change in sales and transfer prices and in production costs and other expenses\t(8007)\t(16703)\t(88615)\nExtensions discoveries and improved recovery\t1106\t1912\t933\nChanges in estimated future development costs\t(10803)\t(5407)\t4412\nPreviously estimated development costs incurred during the year\t18218\t21484\t19694\nRevisions of previous quantity estimates\t1511\t(1505)\t(4800)\nAccretion of discount\t6715\t6327\t6077\nNet change in income taxes\t20178\t20116\t42252\nPurchases of reserves in place\t1459\t26\t0\nSales of reserves in place\t(1395)\t(2103)\t(2507)\nEnd of year\t63274\t60774\t24011\n\tEquity affiliates\t\t\n(M$)\t2013\t2014\t2015\nBeginning of year\t15891\t15419\t19093\nSales and transfers net of production costs\t(3723)\t(3639)\t(1860)\nNet change in sales and transfer prices and in production costs and other expenses\t(1056)\t(1546)\t(14821)\nExtensions discoveries and improved recovery\t4980\t4444\t0\nChanges in estimated future development costs\t540\t190\t1572\nPreviously estimated development costs incurred during the year\t1101\t1330\t1272\nRevisions of previous quantity estimates\t(5020)\t19\t315\nAccretion of discount\t1589\t1542\t1909\nNet change in income taxes\t1107\t834\t1881\nPurchases of reserves in place\t520\t543\t186\nSales of reserves in place\t(510)\t(43)\t(66)\nEnd of year\t15419\t19093\t9481\n", "q10k_tbl_255": "\tConsolidated subsidiaries\t\t\t\t\t\t\n\tEurope\tAfrica\tAmericas\tMiddle East\tAsia - CIS (excl. Russia)\tRussia\tTotal\n2013\t\t\t\t\t\t\t\nNatural gas production available for sale (Mcf/d)(a)\t1134\t569\t860\t149\t1193\t0\t3905\nProduction prices(b)\t\t\t\t\t\t\t\nOil ($/b)\t97.75\t102.67\t65.94\t98.57\t95.32\t85.20\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 ($/boe)(c)\t\t\t\t\t\t\t\nTotal liquids and natural gas\t12.91\t8.39\t5.68\t17.17\t6.13\t12.19\t9.24\nBitumen\t0\t0\t31.74\t0\t0\t0\t31.74\n\tEquity affiliates\t\t\t\t\t\t\n\tEurope\tAfrica\tAmericas\tMiddle East\tAsia - CIS (excl. Russia)\tRussia(d)\tTotal\n2013\t\t\t\t\t\t\t\nNatural gas production available for sale (Mcf/d)(a)\t0\t0\t0\t942\t0\t927\t1869\nProduction prices(b)\t\t\t\t\t\t\t\nOil ($/b)\t0\t0\t82.47\t104.42\t0\t53.81\t99.70\nBitumen ($/b)\t0\t0\t0\t0\t0\t0\t0\nNatural gas ($/kcf)\t0\t0\t0\t2.36\t0\t1.60\t2.16\nProduction costs per unit of production ($/boe)(c)\t\t\t\t\t\t\t\nTotal liquids and natural gas\t0\t0\t8.31\t2.97\t0\t0.78\t2.61\nBitumen\t0\t0\t0\t0\t0\t0\t0\n\tConsolidated subsidiaries\t\t\t\t\t\t\n\tEurope\tAfrica\tAmericas\tMiddle East\tAsia - CIS (excl. Russia)\tRussia\tTotal\n2014\t\t\t\t\t\t\t\nNatural gas production available for sale (Mcf/d)(a)\t1008\t567\t849\t156\t1179\t0\t3759\nProduction prices(b)\t\t\t\t\t\t\t\nOil ($/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 ($/boe)(c)\t\t\t\t\t\t\t\nTotal liquids and natural gas\t13.57\t9.60\t6.24\t17.41\t8.40\t14.72\t10.31\nBitumen\t0\t0\t42.04\t0\t0\t0\t42.04\n\tEquity affiliates\t\t\t\t\t\t\n\tEurope\tAfrica\tAmericas\tMiddle East\tAsia - CIS (excl. Russia)\tRussia(d)\tTotal\n2014\t\t\t\t\t\t\t\nNatural gas production available for sale (Mcf/d)(a)\t0\t0\t0\t872\t0\t1059\t1931\nProduction prices(b)\t\t\t\t\t\t\t\nOil ($/b)\t0\t0\t85.72\t88.92\t0\t54.19\t87.51\nBitumen ($/b)\t0\t0\t0\t0\t0\t0\t0\nNatural gas ($/kcf)\t0\t0\t0\t3.37\t0\t2.35\t3.02\nProduction costs per unit of production ($/boe)(c)\t\t\t\t\t\t\t\nTotal liquids and natural gas\t0\t0\t9.19\t2.86\t0\t1.48\t2.72\nBitumen\t0\t0\t0\t0\t0\t0\t0\n", "q10k_tbl_256": "\tConsolidated subsidiaries\t\t\t\t\t\t\n\tEurope\tAfrica\tAmericas\tMiddle East\tAsia - CIS (excl. Russia)\tRussia\tTotal\n2015\t\t\t\t\t\t\t\nNatural gas production available for sale (Mcf/d)(a)\t1091\t557\t872\t166\t1230\t0\t3916\nProduction prices(b)\t\t\t\t\t\t\t\nOil ($/b)\t45.90\t44.71\t25.68\t49.65\t47.43\t39.83\t45.12\nBitumen ($/b)\t0\t0\t12.16\t0\t0\t0\t12.16\nNatural gas ($/kcf)\t6.00\t1.97\t2.53\t1.16\t6.62\t0\t4.65\nProduction costs per unit of production ($/boe)(c)\t\t\t\t\t\t\t\nTotal liquids and natural gas\t11.25\t7.74\t6.35\t6.67\t5.45\t9.77\t7.84\nBitumen\t0\t0\t37.92\t0\t0\t0\t37.92\n\tEquity affiliates\t\t\t\t\t\t\n\tEurope\tAfrica\tAmericas\tMiddle East\tAsia -CIS (excl. Russia)\tRussia\tTotal\n2015\t\t\t\t\t\t\t\nNatural gas production available for sale (Mcf/d)(a)\t0\t0\t0\t548\t0\t1228\t1776\nProduction prices(b)\t\t\t\t\t\t\t\nOil ($/b)\t0\t0\t32.20\t50.33\t0\t25.37\t43.92\nBitumen ($/b)\t0\t0\t0\t0\t0\t0\t0\nNatural gas ($/kcf)\t0\t0\t0\t1.00\t0\t1.23\t1.08\nProduction costs per unit of production ($/boe)(c)\t\t\t\t\t\t\t\nTotal liquids and natural gas\t0\t0\t4.05\t3.40\t0\t1.26\t2.37\nBitumen\t0\t0\t0\t0\t0\t0\t0\n", "q10k_tbl_257": "(in thousands of dollars)\tTaxes\t\tRoyalties\tLicense fees\tLicense bonus\tDividends\tInfrastructure improvements\tProduction entitlements\tTotal of Payments\nAfrica\t2701336\t\t1823\t57179\t4045\t11250\t176171\t2119767\t5071571\nAlgeria\t96226\t\t0\t0\t0\t0\t0\t209142\t305368\nAngola\t804228\t\t0\t20885\t0\t0\t13586\t1648069\t2486768\nCôte d'Ivoire\t0\t\t0\t1781\t0\t0\t0\t0\t1781\nDemocratic Republic of the Congo\t0\t\t0\t910\t0\t0\t0\t0\t910\nEgypt\t0\t\t0\t3505\t3000\t0\t0\t0\t6505\nGabon\t346205\t\t0\t9443\t1045\t11250\t62688\t0\t430631\nKenya\t0\t\t0\t228\t0\t0\t0\t0\t228\nLibya\t160461\t\t0\t0\t0\t0\t0\t203176\t363637\nMadagascar\t0\t\t0\t425\t0\t0\t0\t0\t425\nMauritania\t0\t\t0\t345\t0\t0\t0\t0\t345\nMorocco\t0\t\t0\t3859\t0\t0\t0\t0\t3859\nNigeria\t853905\t\t0\t5621\t0\t0\t99897\t58961\t1018384\nRepublic of the Congo\t439842\t\t0\t9598\t0\t0\t0\t419\t449859\nSouth Africa\t469\t\t1823\t0\t0\t0\t0\t0\t2292\nUganda\t0\t\t0\t579\t0\t0\t0\t0\t579\nNorth America\t9348\t\t26576\t5034\t3600\t0\t0\t0\t44558\nCanada\t(599\t)(1)\t2450\t434\t0\t0\t0\t0\t2285\nUnited States\t9947\t\t24126\t4600\t3600\t0\t0\t0\t42273\nSouth America\t477165\t\t0\t10267\t0\t0\t0\t75183\t562615\nArgentina\t259522\t\t0\t7254\t0\t0\t0\t0\t266776\nBolivia\t216245\t\t0\t2075\t0\t0\t0\t75183\t293503\nBrazil\t0\t\t0\t336\t0\t0\t0\t0\t336\nColombia\t907\t\t0\t379\t0\t0\t0\t0\t1286\nUruguay\t0\t\t0\t223\t0\t0\t0\t0\t223\nVenezuela\t491\t\t0\t0\t0\t0\t0\t0\t491\nAsia Pacific\t962432\t\t0\t13\t37352\t0\t0\t1007922\t2007719\nBrunei\t152862\t\t0\t13\t0\t0\t0\t0\t152875\nChina\t7313\t\t0\t0\t0\t0\t0\t16833\t24146\nIndonesia\t402803\t\t0\t0\t0\t0\t0\t857611\t1260414\nMyanmar\t39037\t\t0\t0\t0\t0\t0\t133478\t172515\nThailand\t360417\t\t0\t0\t37352\t0\t0\t0\t397769\nCommonwealth of Independent States\t78201\t\t0\t476\t20172\t0\t11612\t70973\t181434\nAzerbaijan\t1619\t\t0\t0\t0\t0\t0\t0\t1619\nKazakhstan\t0\t\t0\t120\t20172\t0\t11612\t0\t31904\nRussia\t76582\t\t0\t356\t0\t0\t0\t70973\t147911\nEurope\t976269\t\t0\t22178\t0\t0\t0\t0\t998447\nBulgaria\t0\t\t0\t329\t0\t0\t0\t0\t329\nCyprus\t0\t\t0\t9123\t0\t0\t0\t0\t9123\nFrance\t5102\t\t0\t0\t0\t0\t0\t0\t5102\nItaly\t0\t\t0\t139\t0\t0\t0\t0\t139\nNorway\t837188\t\t0\t3238\t0\t0\t0\t0\t840426\nThe Netherlands\t10172\t\t0\t2229\t0\t0\t0\t0\t12401\nUnited Kingdom\t123807\t\t0\t7120\t0\t0\t0\t0\t130927\nMiddle East\t4923064\t\t0\t3059\t2220000\t0\t21136\t644604\t7811863\nIraq\t3892\t\t0\t565\t0\t0\t0\t0\t4457\nOman\t252720\t\t0\t0\t0\t0\t0\t13437\t266157\nQatar\t214131\t\t0\t0\t0\t0\t21136\t603365\t838632\nUnited Arab Emirates\t4443748\t\t0\t2344\t2220000\t0\t0\t0\t6666092\nYemen\t8573\t\t0\t150\t0\t0\t0\t27802\t36525\nTotal\t10127815\t\t28399\t98206\t2285169\t11250\t208919\t3918449\t16678207\n", "q10k_tbl_258": "(in thousands of dollars)\tTaxes\tRoyalties\tLicense fees\tLicense bonus\tDividends\tInfrastructure improvements\tProduction entitlements\tTotal of Payments\nAlgeria\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nTin Fouyé Tabenkort\t96226\t0\t0\t0\t0\t0\t209142\t305368\nTotal\t96226\t0\t0\t0\t0\t0\t209142\t305368\nPayments per Government\t\t\t\t\t\t\t\t\nDirection Générale des Impôts\t\t\t\t\t\t\t\t\nDirection des Grandes Entreprises c/o Sonatrach\t96226\t0\t0\t0\t0\t0\t0\t96226\nSonatrach\t0\t0\t0\t0\t0\t0\t209142\t209142\nTotal\t96226\t0\t0\t0\t0\t0\t209142\t305368\nAngola\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nBlock 17\t660639\t0\t19476\t0\t0\t0\t1535173\t2215288\nBlock 0\t116489\t0\t0\t0\t0\t0\t0\t116489\nBlock 14\t27100\t0\t0\t0\t0\t0\t112476\t139576\nBlock 14k\t0\t0\t0\t0\t0\t0\t420\t420\nBlock 32\t0\t0\t616\t0\t0\t0\t0\t616\nBlock 33\t0\t0\t38\t0\t0\t0\t0\t38\nBlock 17/06\t0\t0\t163\t0\t0\t0\t0\t163\nBlock 25\t0\t0\t171\t0\t0\t5000\t0\t5171\nBlock 39\t0\t0\t214\t0\t0\t2872\t0\t3086\nBlock 40\t0\t0\t207\t0\t0\t5714\t0\t5921\nTotal\t804228\t0\t20885\t0\t0\t13586\t1648069\t2486768\nPayments per Government\t\t\t\t\t\t\t\t\nCaixa do Tesouro Nacional\t804228\t0\t1058\t0\t0\t0\t0\t805286\nMinistério dos Petróleos\t0\t0\t19260\t0\t0\t0\t0\t19260\nSonangol E.P. -\t0\t0\t567\t0\t0\t13586\t1648069\t1662222\nTotal\t804228\t0\t20885\t0\t0\t13586\t1648069\t2486768\nArgentina\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nNeuquen\t25310\t0\t1290\t0\t0\t0\t0\t26600\nTierra del Fuego\t45704\t0\t5964\t0\t0\t0\t0\t51668\nNon-attributable\t188508\t0\t0\t0\t0\t0\t0\t188508\nTotal\t259522\t0\t7254\t0\t0\t0\t0\t266776\nPayments per Government\t\t\t\t\t\t\t\t\nAdministracion Federal de Ingresos Publicos\t188508\t0\t0\t0\t0\t0\t0\t188508\nSecretaria de Energia Republica Argentina\t27328\t0\t2826\t0\t0\t0\t0\t30154\nProvincia del Neuquen\t25310\t0\t1290\t0\t0\t0\t0\t26600\nProvincia del Tierra del Fuego\t18376\t0\t3138\t0\t0\t0\t0\t21514\nTotal\t259522\t0\t7254\t0\t0\t0\t0\t266776\n", "q10k_tbl_259": "(in thousands of dollars)\tTaxes\tRoyalties\tLicense fees\tLicense bonus\tDividends\tInfrastructure improvements\tProduction entitlements\tTotal of Payments\nAzerbaijan\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nShah Deniz\t1619\t0\t0\t0\t0\t0\t0\t1619\nTotal\t1619\t0\t0\t0\t0\t0\t0\t1619\nPayments per Government\t\t\t\t\t\t\t\t\nMinistry of Taxes of the Republic of Azerbaijan\t1619\t0\t0\t0\t0\t0\t0\t1619\nTotal\t1619\t0\t0\t0\t0\t0\t0\t1619\nBolivia\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nIpati\t0\t0\t464\t0\t0\t0\t0\t464\nAzero\t0\t0\t1330\t0\t0\t0\t0\t1330\nAquio\t0\t0\t281\t0\t0\t0\t0\t281\nItau\t43005\t0\t0\t0\t0\t0\t43\t43048\nSan Alberto\t35401\t0\t0\t0\t0\t0\t11442\t46843\nSan Antonio\t113375\t0\t0\t0\t0\t0\t63698\t177073\nNon-attributable\t24464\t0\t0\t0\t0\t0\t0\t24464\nTotal\t216245\t0\t2075\t0\t0\t0\t75183\t293503\nPayments per Government\t\t\t\t\t\t\t\t\nYacimientos Petroliferos Fiscales Bolivianos (YPFB)\t0\t0\t2075\t0\t0\t0\t75183\t77258\nServicio de Impuestos Nacionales (SIN)\t24464\t0\t0\t0\t0\t0\t0\t24464\nServicio de Impuestos Nacionales (SIN) c/o YPFB\t122740\t0\t0\t0\t0\t0\t0\t122740\nDepartamentos c/o YPFB\t69041\t0\t0\t0\t0\t0\t0\t69041\nTotal\t216245\t0\t2075\t0\t0\t0\t75183\t293503\nBrazil\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nFoz de Amazonas\t0\t0\t95\t0\t0\t0\t0\t95\nCeara (CE-M-661)\t0\t0\t192\t0\t0\t0\t0\t192\nXerelete (BC-2)\t0\t0\t49\t0\t0\t0\t0\t49\nTotal\t0\t0\t336\t0\t0\t0\t0\t336\nPayments per Government\t\t\t\t\t\t\t\t\nAgencia National de Petroleo\t\t\t\t\t\t\t\t\nGas Natural e Biocombustiveis\t0\t0\t336\t0\t0\t0\t0\t336\nTotal\t0\t0\t336\t0\t0\t0\t0\t336\nBrunei\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nBlock B\t152862\t0\t13\t0\t0\t0\t0\t152875\nTotal\t152862\t0\t13\t0\t0\t0\t0\t152875\nPayments per Government\t\t\t\t\t\t\t\t\nBrunei Government\t152862\t0\t13\t0\t0\t0\t0\t152875\nTotal\t152862\t0\t13\t0\t0\t0\t0\t152875\nBulgaria\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nKhan Asparuh\t0\t0\t323\t0\t0\t0\t0\t323\nSilistar\t0\t0\t6\t0\t0\t0\t0\t6\nTotal\t0\t0\t329\t0\t0\t0\t0\t329\nPayments per Government\t\t\t\t\t\t\t\t\nMinistry of Energy of Bulgaria\t0\t0\t329\t0\t0\t0\t0\t329\nTotal\t0\t0\t329\t0\t0\t0\t0\t329\n", "q10k_tbl_260": "(in thousands of dollars)\tTaxes\t\tRoyalties\tLicense fees\tLicense bonus\tDividends\tInfrastructure improvements\tProduction entitlements\tTotal of Payments\nCanada\t\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\t\nJoslyn\t(599\t)(1)\t0\t249\t0\t0\t0\t0\t(350)\nSurmont\t0\t\t2450\t0\t0\t0\t0\t0\t2450\nNorthern Lights\t0\t\t0\t83\t0\t0\t0\t0\t83\nOther oil sands projects\t0\t\t0\t102\t0\t0\t0\t0\t102\nTotal\t(599)\t\t2450\t434\t0\t0\t0\t0\t2285\nPayments per Government\t\t\t\t\t\t\t\t\t\nProvince of Alberta\t(599\t)(1)\t2450\t434\t0\t0\t0\t0\t2285\nTotal\t(599)\t\t2450\t434\t0\t0\t0\t0\t2285\nChina\t\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\t\nSulige\t7313\t\t0\t0\t0\t0\t0\t16833\t24146\nTotal\t7313\t\t0\t0\t0\t0\t0\t16833\t24146\nPayments per Government\t\t\t\t\t\t\t\t\t\nChina National Petroleum Company\t7313\t\t0\t0\t0\t0\t0\t16833\t24146\nTotal\t7313\t\t0\t0\t0\t0\t0\t16833\t24146\nColombia\t\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\t\nNon-attributable\t907\t\t0\t379\t0\t0\t0\t0\t1286\nTotal\t907\t\t0\t379\t0\t0\t0\t0\t1286\nPayments per Government\t\t\t\t\t\t\t\t\t\nDirección de Impuestos y aduanas Nacionales\t907\t\t0\t0\t0\t0\t0\t0\t907\nCamara de comercio de Bogota\t0\t\t0\t379\t0\t0\t0\t0\t379\nTotal\t907\t\t0\t379\t0\t0\t0\t0\t1286\nCôte d'Ivoire\t\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\t\nCI-100\t0\t\t0\t157\t0\t0\t0\t0\t157\nCI-514\t0\t\t0\t1624\t0\t0\t0\t0\t1624\nTotal\t0\t\t0\t1781\t0\t0\t0\t0\t1781\nPayments per Government\t\t\t\t\t\t\t\t\t\nRépublique de Côte d'Ivoire Direction Généraledes Hydrocarbures\t0\t\t0\t1781\t0\t0\t0\t0\t1781\nTotal\t0\t\t0\t1781\t0\t0\t0\t0\t1781\nCyprus\t\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\t\nBlock 10\t0\t\t0\t8614\t0\t0\t0\t0\t8614\nBlock 11\t0\t\t0\t509\t0\t0\t0\t0\t509\nTotal\t0\t\t0\t9123\t0\t0\t0\t0\t9123\nPayments per Government\t\t\t\t\t\t\t\t\t\nMinistry of Energy Commerce Industry and Tourism\t0\t\t0\t9123\t0\t0\t0\t0\t9123\nTotal\t0\t\t0\t9123\t0\t0\t0\t0\t9123\n", "q10k_tbl_261": "(in thousands of dollars)\tTaxes\tRoyalties\tLicense fees\tLicense bonus\tDividends\tInfrastructure improvements\t\tProduction entitlements\tTotal of Payments\nDemocratic Republic of the Congo\t\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\t\nBlock 3\t0\t0\t910\t0\t0\t0\t\t0\t910\nTotal\t0\t0\t910\t0\t0\t0\t\t0\t910\nPayments per Government\t\t\t\t\t\t\t\t\t\nMinistère des Hydrocarbures\t0\t0\t760\t0\t0\t0\t\t0\t760\nMinistère de l'Environnement\t0\t0\t150\t0\t0\t0\t\t0\t150\nTotal\t0\t0\t910\t0\t0\t0\t\t0\t910\nEgypt\t\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\t\nBlock 4 East El Burullus\t0\t0\t3275\t0\t0\t0\t\t0\t3275\nNorth El Mahala Onshore\t0\t0\t230\t3000\t0\t0\t\t0\t3230\nTotal\t0\t0\t3505\t3000\t0\t0\t\t0\t6505\nPayments per Government\t\t\t\t\t\t\t\t\t\nEgyptian Natural Gas\t\t\t\t\t\t\t\t\t\nHolding Company\t0\t0\t3505\t3000\t0\t0\t\t0\t6505\nTotal\t0\t0\t3505\t3000\t0\t0\t\t0\t6505\nFrance\t\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\t\nPécorade\t397\t0\t0\t0\t0\t0\t\t0\t397\nMeillon\t754\t0\t0\t0\t0\t0\t\t0\t754\nLacq\t3951\t0\t0\t0\t0\t0\t\t0\t3951\nTotal\t5102\t0\t0\t0\t0\t0\t\t0\t5102\nPayments per Government\t\t\t\t\t\t\t\t\t\nTrésor Public\t5102\t0\t0\t0\t0\t0\t\t0\t5102\nTotal\t5102\t0\t0\t0\t0\t0\t\t0\t5102\nGabon\t\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\t\nConcession Fields (Non-attributable)\t115754\t0\t4262\t0\t0\t62688\t(1)\t0\t182704\nConcession Anguille\t50186\t0\t0\t0\t0\t0\t\t0\t50186\nConcession Grondin\t48452\t0\t0\t0\t0\t0\t\t0\t48452\nConcession Torpille\t38446\t0\t0\t0\t0\t0\t\t0\t38446\nAtora CEPP\t10820\t0\t320\t0\t0\t0\t\t0\t11140\nCoucal CEPP\t1728\t0\t533\t0\t0\t0\t\t0\t2261\nAvocette CEPP\t16593\t0\t1873\t0\t0\t0\t\t0\t18466\nBaudroie Mérou CEPP\t18009\t0\t648\t1000\t0\t0\t\t0\t19657\nMboga CEPP\t5795\t0\t41\t0\t0\t0\t\t0\t5836\nHylia II CEPP\t7169\t0\t893\t0\t0\t0\t\t0\t8062\nDiaba CEPP\t0\t0\t873\t0\t0\t0\t\t0\t873\nNziembou CEPP\t0\t0\t0\t45\t0\t0\t\t0\t45\nRabi CEPP\t33253\t0\t0\t0\t0\t0\t\t0\t33253\nNon-attributable\t0\t0\t0\t0\t11250\t0\t\t0\t11250\nTotal\t346205\t0\t9443\t1045\t11250\t62688\t\t0\t430631\nPayments per Government\t\t\t\t\t\t\t\t\t\nTrésor Public Gabonais\t189653\t0\t1999\t0\t0\t0\t\t0\t191652\nDirection Générale des Hydrocarbures\t0\t0\t5687\t1045\t0\t0\t\t0\t6732\nRépublique du Gabon\t156552\t0\t0\t0\t11250\t62688\t(1)\t0\t230490\nDirection Générale des Impôts\t0\t0\t693\t0\t0\t0\t\t0\t693\nVille de Port-Gentil\t0\t0\t1064\t0\t0\t0\t\t0\t1064\nTotal\t346205\t0\t9443\t1045\t11250\t62688\t\t0\t430631\n", "q10k_tbl_262": "(in thousands of dollars)\tTaxes\tRoyalties\tLicense fees\tLicense bonus\tDividends\tInfrastructure improvements\tProduction entitlements\t\tTotal of Payments\nIndonesia\t\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\t\nMahakam PSC\t400729\t0\t0\t0\t0\t0\t841410\t(1)\t1242139\nTengah PSC\t2074\t0\t0\t0\t0\t0\t16201\t\t18275\nTotal\t402803\t0\t0\t0\t0\t0\t857611\t\t1260414\nPayments per Government\t\t\t\t\t\t\t\t\t\nDirectorate General of Taxation Ministry of Finance\t402803\t0\t0\t0\t0\t0\t0\t\t402803\nSatuan Khusus Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas)\t0\t0\t0\t0\t0\t0\t857611\t(1)\t857611\nTotal\t402803\t0\t0\t0\t0\t0\t857611\t\t1260414\nIraq\t\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\t\nBaranan Block\t0\t0\t565\t0\t0\t0\t0\t\t565\nHalfaya\t3892\t0\t0\t0\t0\t0\t0\t\t3892\nTotal\t3892\t0\t565\t0\t0\t0\t0\t\t4457\nPayments per Government\t\t\t\t\t\t\t\t\t\nMinistry of Natural Resources Erbil Kurdistan region of Iraq\t0\t0\t565\t0\t0\t0\t0\t\t565\nIraq government\t3892\t0\t0\t0\t0\t0\t0\t\t3892\nTotal\t3892\t0\t565\t0\t0\t0\t0\t\t4457\nItaly\t\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\t\nGorgoglione Unified License\t0\t0\t139\t0\t0\t0\t0\t\t139\nTotal\t0\t0\t139\t0\t0\t0\t0\t\t139\nPayments per Government\t\t\t\t\t\t\t\t\t\nRegione Basilicata\t0\t0\t139\t0\t0\t0\t0\t\t139\nTotal\t0\t0\t139\t0\t0\t0\t0\t\t139\nKazakhstan\t\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\t\nNurmunaï\t0\t0\t120\t0\t0\t0\t0\t\t120\nKashagan\t0\t0\t0\t20172\t0\t11612\t0\t\t31784\nTotal\t0\t0\t120\t20172\t0\t11612\t0\t\t31904\nPayments per Government\t\t\t\t\t\t\t\t\t\nAktobe Region Akimat\t0\t0\t120\t0\t0\t0\t0\t\t120\nGovernment of the Republic of Kazakhstan\t0\t0\t0\t20172\t0\t0\t0\t\t20172\nAtyrau region c/o North Caspian Operating Company b.v.\t0\t0\t0\t0\t0\t8864\t0\t\t8864\nMangistau region c/o North Caspian Operating Company b.v.\t0\t0\t0\t0\t0\t2748\t0\t\t2748\nTotal\t0\t0\t120\t20172\t0\t11612\t0\t\t31904\nKenya\t\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\t\nBlock L22\t0\t0\t228\t0\t0\t0\t0\t\t228\nTotal\t0\t0\t228\t0\t0\t0\t0\t\t228\nPayments per Government\t\t\t\t\t\t\t\t\t\nKenya Ministry of Energy\t0\t0\t228\t0\t0\t0\t0\t\t228\nTotal\t0\t0\t228\t0\t0\t0\t0\t\t228\n", "q10k_tbl_263": "(in thousands of dollars)\tTaxes\tRoyalties\tLicense fees\tLicense bonus\tDividends\tInfrastructure improvements\tProduction entitlements\tTotal of Payments\nLibya\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nAreas 15 16 & 32 (Al Jurf)\t160461\t0\t0\t0\t0\t0\t203176\t363637\nTotal\t160461\t0\t0\t0\t0\t0\t203176\t363637\nPayments per Government\t\t\t\t\t\t\t\t\nNational Oil Corporation\t0\t0\t0\t0\t0\t0\t203176\t203176\nMinistry of Finance c/o National Oil Corporation\t160461\t0\t0\t0\t0\t0\t0\t160461\nTotal\t160461\t0\t0\t0\t0\t0\t203176\t363637\nMadagascar\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nBemolanga\t0\t0\t425\t0\t0\t0\t0\t425\nTotal\t0\t0\t425\t0\t0\t0\t0\t425\nPayments per Government\t\t\t\t\t\t\t\t\nOffice des Mines Nationaleset des Industries Stratégiques\t0\t0\t425\t0\t0\t0\t0\t425\nTotal\t0\t0\t425\t0\t0\t0\t0\t425\nMauritania\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nBlock C9\t0\t0\t170\t0\t0\t0\t0\t170\nBlock TA29\t0\t0\t175\t0\t0\t0\t0\t175\nTotal\t0\t0\t345\t0\t0\t0\t0\t345\nPayments per Government\t\t\t\t\t\t\t\t\nTrésor Public de Mauritanie\t0\t0\t345\t0\t0\t0\t0\t345\nTotal\t0\t0\t345\t0\t0\t0\t0\t345\nMorocco\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nAnzarane\t0\t0\t3859\t0\t0\t0\t0\t3859\nTotal\t0\t0\t3859\t0\t0\t0\t0\t3859\nPayments per Government\t\t\t\t\t\t\t\t\nOffice National des Hydrocarbures\t0\t0\t3859\t0\t0\t0\t0\t3859\nTotal\t0\t0\t3859\t0\t0\t0\t0\t3859\nMyanmar\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nBlocks M5 and M6\t39037\t0\t0\t0\t0\t0\t133478\t172515\nTotal\t39037\t0\t0\t0\t0\t0\t133478\t172515\nPayments per Government\t\t\t\t\t\t\t\t\nMyanmar Ministry of Finance\t39037\t0\t0\t0\t0\t0\t0\t39037\nMyanmar Oil and Gas Enterprise\t0\t0\t0\t0\t0\t0\t133478\t133478\nTotal\t39037\t0\t0\t0\t0\t0\t133478\t172515\n", "q10k_tbl_264": "(in thousands of dollars)\tTaxes\t\tRoyalties\tLicense fees\t\tLicense bonus\tDividends\tInfrastructure improvements\tProduction entitlements\tTotal of Payments\nNigeria\t\t\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\t\t\nJoint ventures with NNPC operated - non-attributable\t16158\t\t0\t3749\t\t0\t0\t46122\t0\t66029\nJoint ventures with NNPC non operated - non-attributable\t132899\t\t0\t182\t\t0\t0\t0\t0\t133081\nOML58 (joint venture with NNPC operated)\t30805\t\t0\t0\t\t0\t0\t0\t0\t30805\nOML99 (joint venture with NNPC operated)\t41401\t\t0\t0\t\t0\t0\t0\t0\t41401\nOML100 (joint venture with NNPC operated)\t23770\t\t0\t0\t\t0\t0\t0\t0\t23770\nOML102 (joint venture with NNPC operated)\t29361\t\t0\t0\t\t0\t0\t0\t0\t29361\nOML102 Ekanga (joint venture with NNPC non operated)\t15429\t\t0\t0\t\t0\t0\t0\t0\t15429\nOML130\t0\t\t0\t1517\t\t0\t0\t0\t0\t1517\nOML130 PSA (Akpo & Egina)\t108594\t\t0\t0\t\t0\t0\t53385\t0\t161979\nOML118 (Bonga)\t92383\t\t0\t0\t\t0\t0\t0\t58961\t151344\nOML138 (Usan)\t32028\t\t0\t0\t\t0\t0\t0\t0\t32028\nOPL223\t0\t\t0\t0\t\t0\t0\t390\t0\t390\nOPL285\t0\t\t0\t173\t\t0\t0\t0\t0\t173\nNon-attributable\t331077\t(1)\t0\t0\t\t0\t0\t0\t0\t331077\nTotal\t853905\t\t0\t5621\t\t0\t0\t99897\t58961\t1018384\nPayments per Government\t\t\t\t\t\t\t\t\t\t\nFederal Inland Revenue Service\t389700\t(1)\t0\t0\t\t0\t0\t0\t0\t389700\nDepartment of Petroleum Resources Federal Government of Nigeria\t273177\t\t0\t581\t\t0\t0\t0\t0\t273758\nNiger Delta Development Commission\t0\t\t0\t0\t\t0\t0\t99897\t0\t99897\nNigerian Maritime Administration & Safety Agency Federal Government of Nigeria\t0\t\t0\t5040\t\t0\t0\t0\t0\t5040\nNigerian National Petroleum Corporation\t98645\t\t0\t0\t\t0\t0\t0\t58961\t157606\nFederal Inland Revenue Service c/o Nigerian National Petroleum Corporation\t87654\t\t0\t0\t\t0\t0\t0\t0\t87654\nDepartment of Petroleum Resources c/o Nigerian National Petroleum Corporation\t4729\t\t0\t0\t\t0\t0\t0\t0\t4729\nTotal\t853905\t\t0\t5621\t\t0\t0\t99897\t58961\t1018384\nNorway\t\t\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\t\t\nNon-attributable\t837188\t\t0\t0\t\t0\t0\t0\t0\t837188\nMartin Linge\t0\t\t0\t(3761\t)(2)\t0\t0\t0\t0\t(3761)\nTrell\t0\t\t0\t(385\t)(2)\t0\t0\t0\t0\t(385)\nAlve North\t0\t\t0\t1580\t\t0\t0\t0\t0\t1580\nSkirne & Bygve\t0\t\t0\t408\t\t0\t0\t0\t0\t408\nVictoria\t0\t\t0\t1308\t\t0\t0\t0\t0\t1308\nGarantiana\t0\t\t0\t1424\t\t0\t0\t0\t0\t1424\nIslay\t0\t\t0\t51\t\t0\t0\t0\t0\t51\nAtla\t0\t\t0\t2276\t\t0\t0\t0\t0\t2276\nPL026 Rind\t0\t\t0\t149\t\t0\t0\t0\t0\t149\nPL006 Tor\t0\t\t0\t188\t\t0\t0\t0\t0\t188\nTotal\t837188\t\t0\t3238\t\t0\t0\t0\t0\t840426\nPayments per Government\t\t\t\t\t\t\t\t\t\t\nNorwegian Tax Administration\t837188\t\t0\t0\t\t0\t0\t0\t0\t837188\nNorwegian Petroleum Directorate\t0\t\t0\t3238\t(2)\t0\t0\t0\t0\t3238\nTotal\t837188\t\t0\t3238\t\t0\t0\t0\t0\t840426\n", "q10k_tbl_265": "(in thousands of dollars)\tTaxes\tRoyalties\tLicense fees\tLicense bonus\tDividends\tInfrastructure improvements\tProduction entitlements\tTotal of Payments\nOman\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nBlock 6\t250033\t0\t0\t0\t0\t0\t0\t250033\nBlock 53\t2687\t0\t0\t0\t0\t0\t13437\t16124\nTotal\t252720\t0\t0\t0\t0\t0\t13437\t266157\nPayments per Government\t\t\t\t\t\t\t\t\nOman Ministry of Oil and Gas\t0\t0\t0\t0\t0\t0\t13437\t13437\nOman Ministry of Finance\t252720\t0\t0\t0\t0\t0\t0\t252720\nTotal\t252720\t0\t0\t0\t0\t0\t13437\t266157\nQatar\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nAl Khalij\t115485\t0\t0\t0\t0\t21136\t0\t136621\nQatargas 1\t39650\t0\t0\t0\t0\t0\t62245\t101895\nDolphin\t58996\t0\t0\t0\t0\t0\t541120\t600116\nTotal\t214131\t0\t0\t0\t0\t21136\t603365\t838632\nPayments per Government\t\t\t\t\t\t\t\t\nQatar Petroleum\t0\t0\t0\t0\t0\t21136\t603365\t624501\nQatar Ministry of Finance\t214131\t0\t0\t0\t0\t0\t0\t214131\nTotal\t214131\t0\t0\t0\t0\t21136\t603365\t838632\nRepublic of the Congo\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nCPP Haute Mer - Zone A\t95539\t0\t0\t0\t0\t0\t0\t95539\nCPP Haute Mer - Zone B\t12708\t0\t282\t0\t0\t0\t0\t12990\nCPP Haute Mer - Zone D\t92369\t0\t4344\t0\t0\t0\t0\t96713\nCPP Pointe Noire Grands Fonds (PNGF)\t101602\t0\t3257\t0\t0\t0\t0\t104859\nCPP Tchendo 2\t16433\t0\t425\t0\t0\t0\t0\t16858\nKombi Likalala & Libondo\t77287\t0\t125\t0\t0\t0\t0\t77412\nLitanzi & Tchibeli\t14990\t0\t11\t0\t0\t0\t0\t15001\nLianzi\t0\t0\t0\t0\t0\t0\t419\t419\nMadingo\t28914\t0\t1154\t0\t0\t0\t0\t30068\nTotal\t439842\t0\t9598\t0\t0\t0\t419\t449859\nPayments per Government\t\t\t\t\t\t\t\t\nMinistère des hydrocarbures\t405756\t0\t0\t0\t0\t0\t0\t405756\nTrésor Public\t34086\t0\t9598\t0\t0\t0\t0\t43684\nSociété Nationale des Pétroles Congolais\t0\t0\t0\t0\t0\t0\t419\t419\nTotal\t439842\t0\t9598\t0\t0\t0\t419\t449859\nRussia\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nKharyaga\t76582\t0\t356\t0\t0\t0\t70973\t147911\nTotal\t76582\t0\t356\t0\t0\t0\t70973\t147911\nPayments per Government\t\t\t\t\t\t\t\t\nNenets Tax Inspection\t76582\t0\t356\t0\t0\t0\t0\t76938\nMinistry of Energy\t0\t0\t0\t0\t0\t0\t70973\t70973\nTotal\t76582\t0\t356\t0\t0\t0\t70973\t147911\nSouth Africa\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nForzando and Dorstfontein\t469\t1823\t0\t0\t0\t0\t0\t2292\nTotal\t469\t1823\t0\t0\t0\t0\t0\t2292\nPayments per Government\t\t\t\t\t\t\t\t\nSouth African Revenue Service\t469\t1823\t0\t0\t0\t0\t0\t2292\nTotal\t469\t1823\t0\t0\t0\t0\t0\t2292\n", "q10k_tbl_266": "(in thousands of dollars)\tTaxes\tRoyalties\tLicense fees\tLicense bonus\tDividends\tInfrastructure improvements\tProduction entitlements\tTotal of Payments\nThailand\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nBongkot\t360417\t0\t0\t37352\t0\t0\t0\t397769\nTotal\t360417\t0\t0\t37352\t0\t0\t0\t397769\nPayments per Government\t\t\t\t\t\t\t\t\nRevenue Department\t242865\t0\t0\t0\t0\t0\t0\t242865\nDepartment of Mineral Fuels\t\t\t\t\t\t\t\t\nMinistry Of Energy\t117552\t0\t0\t0\t0\t0\t0\t117552\nMinistry Of Energy\t0\t0\t0\t37352\t0\t0\t0\t37352\nTotal\t360417\t0\t0\t37352\t0\t0\t0\t397769\nThe Netherlands\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nNon-attributable\t10172\t0\t0\t0\t0\t0\t0\t10172\nOffshore Blocks\t0\t0\t2229\t0\t0\t0\t0\t2229\nTotal\t10172\t0\t2229\t0\t0\t0\t0\t12401\nPayments per Government\t\t\t\t\t\t\t\t\nBelastingdienst Nederland\t10172\t0\t2229\t0\t0\t0\t0\t12401\nTotal\t10172\t0\t2229\t0\t0\t0\t0\t12401\nUganda\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nBlock EA-1\t0\t0\t378\t0\t0\t0\t0\t378\nBlock EA-1A\t0\t0\t201\t0\t0\t0\t0\t201\nTotal\t0\t0\t579\t0\t0\t0\t0\t579\nPayments per Government\t\t\t\t\t\t\t\t\nMinistry of Energy and Mineral Development\t0\t0\t579\t0\t0\t0\t0\t579\nTotal\t0\t0\t579\t0\t0\t0\t0\t579\nUnited Arab Emirates\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nAbu Al Bukhoosh\t44240\t0\t0\t0\t0\t0\t0\t44240\nAbu Dhabi Gas Industries Ltd (GASCO)\t363274\t0\t2344\t0\t0\t0\t0\t365618\nAbu Dhabi Company for Onshore Oil Operation (ADCO)\t2602274\t0\t0\t2220000\t0\t0\t0\t4822274\nAbu Dhabi Marine Areas Ltd (ADMA)\t1433960\t0\t0\t0\t0\t0\t0\t1433960\nTotal\t4443748\t0\t2344\t2220000\t0\t0\t0\t6666092\nPayments per Government\t\t\t\t\t\t\t\t\nSupreme Petroleum Council - Government of Abu Dhabi\t44240\t0\t0\t0\t0\t0\t0\t44240\nAbu Dhabi Fiscal Authorities c/o Abu Dhabi Marine Areas Ltd\t1433960\t0\t0\t0\t0\t0\t0\t1433960\nAbu Dhabi Fiscal Authorities\t2965548\t0\t0\t2220000\t0\t0\t0\t5185548\nPetroleum Institute\t0\t0\t2344\t0\t0\t0\t0\t2344\nTotal\t4443748\t0\t2344\t2220000\t0\t0\t0\t6666092\n", "q10k_tbl_267": "(in thousands of dollars)\tTaxes\tRoyalties\tLicense fees\tLicense bonus\tDividends\tInfrastructure improvements\tProduction entitlements\tTotal of Payments\nUnited Kingdom\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nAlwyn North\t31902\t0\t0\t0\t0\t0\t0\t31902\nBruce\t38948\t0\t0\t0\t0\t0\t0\t38948\nNorthern North Sea\t0\t0\t760\t0\t0\t0\t0\t760\nCentral Graben Area\t44778\t0\t1327\t0\t0\t0\t0\t46105\nMarkham Area\t0\t0\t194\t0\t0\t0\t0\t194\nGreater Laggan Area\t0\t0\t4259\t0\t0\t0\t0\t4259\nNon-attributable\t8179\t0\t580\t0\t0\t0\t0\t8759\nTotal\t123807\t0\t7120\t0\t0\t0\t0\t130927\nPayments per Government\t\t\t\t\t\t\t\t\nHM Revenue & Customs\t123807\t0\t0\t0\t0\t0\t0\t123807\nDepartment of Energy & Climate Change\t0\t0\t6540\t0\t0\t0\t0\t6540\nCrown Estate\t0\t0\t580\t0\t0\t0\t0\t580\nTotal\t123807\t0\t7120\t0\t0\t0\t0\t130927\nUnited States\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nTahiti\t0\t20037\t0\t0\t0\t0\t0\t20037\nBarnett Shale\t5877\t4089\t0\t0\t0\t0\t0\t9966\nUtica\t4070\t0\t0\t0\t0\t0\t0\t4070\nGulf of Mexico\t0\t0\t4600\t3600\t0\t0\t0\t8200\nTotal\t9947\t24126\t4600\t3600\t0\t0\t0\t42273\nPayments per Government\t\t\t\t\t\t\t\t\nBureau of Ocean Energy Management\t0\t0\t4600\t3600\t0\t0\t0\t8200\nOffice of Natural Resources Revenue\t0\t20037\t0\t0\t0\t0\t0\t20037\nState of Ohio\t3356\t0\t0\t0\t0\t0\t0\t3356\nJohnson County Tax Assessor\t1165\t0\t0\t0\t0\t0\t0\t1165\nTarrant County Tax Assessor\t3003\t0\t0\t0\t0\t0\t0\t3003\nTexas State Comptroller's Office\t1709\t0\t0\t0\t0\t0\t0\t1709\nCity of Fort Worth\t0\t1722\t0\t0\t0\t0\t0\t1722\nDallas/Fort Worth International Airport Board\t0\t655\t0\t0\t0\t0\t0\t655\nCity of Arlington\t0\t423\t0\t0\t0\t0\t0\t423\nTarrant Regional Water District\t0\t414\t0\t0\t0\t0\t0\t414\nState of Texas\t0\t261\t0\t0\t0\t0\t0\t261\nCity of North Richland Hills\t0\t149\t0\t0\t0\t0\t0\t149\nFort Worth Independent School District\t0\t125\t0\t0\t0\t0\t0\t125\nBurleson Independent School District\t0\t215\t0\t0\t0\t0\t0\t215\nArlington Independent School District\t0\t125\t0\t0\t0\t0\t0\t125\nHarrison County\t140\t0\t0\t0\t0\t0\t0\t140\nCarroll County\t574\t0\t0\t0\t0\t0\t0\t574\nTotal\t9947\t24126\t4600\t3600\t0\t0\t0\t42273\nUruguay\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nBlock 14 (Offshore)\t0\t0\t100\t0\t0\t0\t0\t100\nBlocks 1 & 2 (Onshore)\t0\t0\t123\t0\t0\t0\t0\t123\nTotal\t0\t0\t223\t0\t0\t0\t0\t223\nPayments per Government\t\t\t\t\t\t\t\t\nAdministracion Nacionalde Combustibles Alcohol y Portland\t0\t0\t223\t0\t0\t0\t0\t223\nTotal\t0\t0\t223\t0\t0\t0\t0\t223\n", "q10k_tbl_268": "(in thousands of dollars)\tTaxes\tRoyalties\tLicense fees\tLicense bonus\tDividends\tInfrastructure improvements\tProduction entitlements\tTotal of Payments\nVenezuela\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nYucal Placer\t491\t0\t0\t0\t0\t0\t0\t491\nTotal\t491\t0\t0\t0\t0\t0\t0\t491\nPayments per Government\t\t\t\t\t\t\t\t\nFondo Nacional de Cienca Tecnologia e Innovacion\t491\t0\t0\t0\t0\t0\t0\t491\nTotal\t491\t0\t0\t0\t0\t0\t0\t491\nYemen\t\t\t\t\t\t\t\t\nPayments per Project\t\t\t\t\t\t\t\t\nBlock 10\t5147\t0\t0\t0\t0\t0\t18833\t23980\nBlock 5\t3426\t0\t0\t0\t0\t0\t8969\t12395\nBlock 70\t0\t0\t57\t0\t0\t0\t0\t57\nBlock 72\t0\t0\t93\t0\t0\t0\t0\t93\nTotal\t8573\t0\t150\t0\t0\t0\t27802\t36525\nPayments per Government\t\t\t\t\t\t\t\t\nMinistry of Oil & Minerals\t8573\t0\t150\t0\t0\t0\t27802\t36525\nTotal\t8573\t0\t150\t0\t0\t0\t27802\t36525\n"}{"bs": "q10k_tbl_86", "is": "q10k_tbl_84", "cf": "q10k_tbl_86"}None
Item 1. Identity of Directors, Senior Management and Advisers
Item 2. Offer Statistics and Expected Timetable
Item 3. Key Information
Item 3
Item 3 - C. Risk Factors
Item 4. Information on The Company
Item 4 - A. History and Development
Item 4 - B.2. Upstream Segment
Item 4 - B.3. Refining & Chemicals Segment
Item 4 - B.4. Marketing & Services Segment
Item 4 - C. Property, Plant & Equipment
Item 4 - D. Organizational Structure
Item 4 - E. Other Matters - 1. Investments
Item 4 - E. Other Matters - 2. R&D
Item 4 - E. Other Matters - 3. Insurance and Risk Management
Item 4 - E. Other Matters - 4. Social, Environmental and Societal Information
Item 4 - E. Other Matters - 5. Iran and Syria
Item 4A. Unresolved Staff Comments
Item 5. Operating and Financial Review and Prospects
Item 5 - Critical Accounting Policies
Item 5 - Results 2013-2015
Item 5 - Liquidity and Capital Resources
Item 5 - Guarantees and Other Off-Balance Sheet Arrangements
Item 5 - Contractual Obligations
Item 6 - A. Directors and Senior Management
Item 6. Directors, Senior Management and Employees
Item 6 - B. Compensation
Item 6 - C. Board Practices and Corporate Governance
Item 6 - D. Employees and Share Ownership
Item 7 - Major Shareholders and Related Party Transactions
Item 7. Major Shareholders and Related Party Transactions
Item 8 - Financial Information
Item 8. Financial Information
Item 9. The Offer and Listing
Item 10. Additional Information
Item 10 - 1. Share Capital
Item 10 - 2. Memorandum and Articles of Association
Item 10 - 5. Taxation
Item 11. Quantitative and Qualitative Disclosures About Market Risk
Item 12. Description of Securities Other Than Equity Securities
Item 13. Defaults, Dividend Arrearages and Delinquencies
Item 14. Material Modifications To The Rights Of
Item 15. Controls and Procedures
Item 16A. Audit Committee Financial Expert
Item 16B. Code of Ethics
Item 16C. Principal Accountant Fees and Services
Item 16D. Exemptions From The Listing Standards for Audit Committees
Item 16E. Purchases of Equity Securities By The Issuer and Affiliated Purchasers
Item 16F. Change in Registrant's Certifying Accountant
Item 16G
Item 16G. Corporate Governance
Item 16H. Mine Safety Disclosure
Item 17. Financial Statements
Item 18. Financial Statements
Item 19
Item 19. Exhibits
Note 1 - Notes To The Consolidated Financial Statements
Note 4 - Notes To The Consolidated Financial Statements
Note 10 - Notes To The Consolidated Financial Statements
Note 12 - Notes To The Consolidated Financial Statements
Note 17 - Notes To The Consolidated Financial Statements
Note 18 - Notes To The Consolidated Financial Statements
Note 19 - Notes To The Consolidated Financial Statements
Note 20 - Notes To The Consolidated Financial Statements
Note 23 - Notes To The Consolidated Financial Statements
Note 24 - Notes To The Consolidated Financial Statements
Note 25 - Notes To The Consolidated Financial Statements
Note 26 - Notes To The Consolidated Financial Statements
Note 28 - Notes To The Consolidated Financial Statements
Note 29 - Notes To The Consolidated Financial Statements
Note 30 - Notes To The Consolidated Financial Statements
Note 31 - Notes To The Consolidated Financial Statements
Note 35 - Notes To The Consolidated Financial Statements
Exhibits
EX-1
d83747dex1.htm
EX-7.1
d83747dex71.htm
EX-7.2
d83747dex72.htm
EX-12.1
d83747dex121.htm
EX-12.2
d83747dex122.htm
EX-13.1
d83747dex131.htm
EX-13.2
d83747dex132.htm
EX-15.1
d83747dex151.htm
EX-15.2
d83747dex152.htm
EX-15.3
d83747dex153.htm
Total Earnings 2015-12-31
Balance Sheet
Income Statement
Cash Flow
20-F 1 d83747d20f.htm 20-F 20-F
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form 20-F
(Mark One)
¨
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, 2015
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.
2,440,057,883 Shares, par value €2.50 each, as of December 31, 2015
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
Identity of Directors, Senior Management and Advisers
1
Item 2.
Offer Statistics and Expected Timetable
1
Item 3.
Key Information
1
Selected Financial Data
1
Exchange Rate Information
2
Risk Factors
2
Item 4.
Information on the Company
9
History and Development
9
Business Overview
10
Other Matters
44
Item 4A.
Unresolved Staff Comments
73
Item 5.
Operating and Financial Review and Prospects
73
Item 6.
Directors, Senior Management and Employees
84
Directors and Senior Management
84
Compensation
93
Corporate Governance
111
Employees and Share Ownership
124
Item 7.
Major Shareholders and Related Party Transactions
128
Item 8.
Financial Information
131
Item 9.
The Offer and Listing
134
Item 10.
Additional Information
135
Item 11.
Quantitative and Qualitative Disclosures About Market Risk
147
Item 12.
Description of Securities Other than Equity Securities
148
Item 13.
Defaults, Dividend Arrearages and Delinquencies
149
Item 14.
Material Modifications to the Rights of Security Holders and Use of Proceeds
149
Item 15.
Controls and Procedures
149
Item 16A.
Audit Committee Financial Expert
155
Item 16B.
Code of Ethics
155
Item 16C.
Principal Accountant Fees and Services
155
Item 16D.
Exemptions from the Listing Standards for Audit Committees
156
Item 16E.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
156
Item 16F.
Change in Registrants Certifying Accountant
156
Item 16G.
Corporate Governance
157
Item 16H.
Mine Safety Disclosure
159
Item 17.
Financial Statements
159
Item 18.
Financial Statements
159
Item 19.
Exhibits
160
Basis of presentation
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, 2015.
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, 2015. 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 8. 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).
2015 Form 20-F TOTAL S.A.
i
oil and gas
Generic term which includes all hydrocarbons (e.g., crude oil, condensates, NGL, bitumen and natural gas).
project
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
= 5,390 cf of gas in 2015(a) (5,400 cf in 2014 and 5,403 cf in 2013)
1 b/d of crude oil
= approximately 50 t/y of crude oil
1 Bcm/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
(a)
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 E. Other Matters, Item 5. Operating and Financial Review and Prospects and Item 11. Quantitative and Qualitative Disclosures About Market Risk.
2015 Form 20-F TOTAL S.A.
iii
Items 1 - 3
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, 2015, 2014, 2013, 2012 and 2011. 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 and 2011 information in the table below has been restated. 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. 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 IFRIC 21 and the change of presentation currency for the year 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)
2015
2014
2013
2012
2011
INCOME STATEMENT DATA
Revenues from sales
143,421
212,018
227,969
234,216
231,830
Net income, Group share
5,087
4,244
11,228
13,648
17,400
Earnings per share
2.17
1.87
4.96
6.05
7.74
Fully diluted earnings per share
2.16
1.86
4.94
6.02
7.71
CASH FLOW STATEMENT DATA
Cash flow from operating activities
19,946
25,608
28,513
28,858
27,193
Total expenditures
28,033
30,509
34,431
29,475
34,161
BALANCE SHEET DATA
Total assets
224,484
229,798
239,223
225,886
211,793
Non-current financial debt
44,464
45,481
34,574
29,392
29,186
Non-controlling interests
2,915
3,201
3,138
1,689
1,749
Shareholders equity Group share
92,494
90,330
100,241
93,969
86,667
Common shares
7,670
7,518
7,493
7,454
7,447
DIVIDENDS
Dividend per share (euros)
€2.44
(b)
€2.44
€2.38
€2.34
€2.28
Dividend per share (dollars)
$2.67
(b)(c)
$2.93
$3.24
$3.05
$2.97
COMMON SHARES(d)
Average number outstanding of common shares €2.50 par value (shares undiluted)
2,295,037,940
2,272,859,512
2,264,349,795
2,255,801,563
2,247,479,529
Average number outstanding of common shares €2.50 par value (shares diluted)
2,304,435,542
2,281,004,151
2,271,543,658
2,266,635,745
2,256,951,403
(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 24, 2016.
(c)
Estimated dividend in dollars includes the first quarterly interim ADR dividend of $0.69 paid in October 2015 and the second quarterly interim ADR dividend of $0.66 paid in January 2016, as well as the third quarterly interim ADR dividend of $0.66 payable in April 2016 and the proposed final interim ADR dividend of $0.66 payable in July 2016, both converted at a rate of $1.09/€.
(d)
The number of common shares shown has been used to calculate per share amounts.
2015 Form 20-F TOTAL S.A.
1
Item 3
B. EXCHANGE RATE INFORMATION
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
2011
1.3920
2012
1.2848
2013
1.3281
2014
1.3285
2015
1.1095
The table below shows the high and low dollar/euro exchange rates for the four months ended December 31, 2015, and for the first months of 2016, 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 2015
1.1419
1.1138
October 2015
1.1439
1.0930
November 2015
1.1032
1.0579
December 2015
1.0990
1.0600
January 2016
1.0920
1.0742
February 2016
1.1347
1.0884
March 2016(a)
1.1119
1.0856
(a)
Through March 14, 2016.
The ECB reference exchange rate on March 14, 2016 for the dollar against the euro was $1.1119/€.
C. RISK FACTORS
The Group conducts its activities in an ever-changing environment and is exposed to risks that, if they were to occur, could have a material adverse effect on its business, financial condition, assets and liabilities, results or outlook.
The Group employs a continuous process of identifying and analyzing risks in order to determine those that could prevent it from achieving its objectives. This section presents the significant risks to which the Group believes it is exposed as of the date of this report. However, as of that date, the Group may not be aware of other risks that could, or other risks may not have been considered by the Group as being likely to, have a significant adverse impact on the Group, its business, financial condition, assets and liabilities, results or outlook. For additional information on these conditions, along with TOTALs approaches to managing certain of these risks, refer to Item 4 E. Other Matters, Item 5. Operating and Financial Review and Prospects, Item 11. Quantitative and Qualitative Disclosures About Market Risk and Item 15 Controls and Procedures.
The financial performance of TOTAL is sensitive to a number of market-related factors, the most significant being crude oil and natural gas prices, refining margins and exchange rates.
Generally, a decline in crude oil prices has a negative effect on the Groups results due to a decrease in revenues from oil production. Conversely, a rise in crude oil prices increases revenues.
The year 2015 was marked by the continuing sharp fall in oil prices that started in the second half of 2014. For the year 2016, according to the scenarios retained, the Group estimates that a decrease of $10 per barrel in the price of Brent Crude would decrease annual adjusted net operating income by approximately $2 billion and cash flow from operations by approximately $2 billion. Conversely, an increase of $10 per barrel in the price of Brent Crude would increase annual adjusted net operating income by approximately $2 billion and cash flow from operations by approximately $2 billion.
The impact of changes in crude oil prices on downstream operations depends upon the speed at which the prices of finished products adjust to reflect these changes. The Group estimates that a decrease in its European Refining Margin Indicator (ERMI) of $10 per ton would decrease annual adjusted net operating income by approximately $0.5 billion and cash flow from operations by approximately $0.6 billion. Conversely, an increase in its ERMI of $10 per ton would increase annual adjusted net operating income by approximately $0.5 billion and cash flow from operations by approximately $0.6 billion.
(1)
For the period 2011-2015, 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: 2011 1.40; 2012 1.29; 2013 1.33; 2014 1.32; and 2015 1.10.
2
TOTAL S.A. Form 20-F 2015
Item 3 - C. Risk Factors
All of the Groups activities are, for various reasons and to varying degrees, sensitive to fluctuations in the dollar/euro exchange rate. The Group estimates that an increase of $0.10 per euro (weakening of the dollar versus the euro) would decrease adjusted net operating income by approximately $0.15 billion and cash flow
from operations by approximately $0.1 billion. Conversely, a decrease of $0.10 per euro (strengthening of the dollar versus the euro) would increase adjusted net operating income by approximately $0.15 billion and cash flow from operations by approximately $0.1 billion.
Market impact environment 2016(a)
Scenario
retained
Change
Estimated impact on adjusted net operating income
Estimated impact on cash flow from operations
Brent
50 $/b
-10 $/b
-2 B$
-2 B$
European refining margin indicator (ERMI)
35 $/t
-10 $/t
-0.5 B$
-0.6 B$
$/€
1.0 $/€
+0.1 $ per €
-0.15 B$
-0.1 B$
(a)
Sensitivities revised once per year upon publication of the previous years fourth quarter results. Indicated sensitivities are approximate and based upon TOTALs current view of its 2016 portfolio. Results may differ significantly from the estimates implied by the application of these sensitivities. 85% of the impact of the $/€ sensitivity on net adjusted operating income is attributable to the Refining & Chemicals segment.
In addition to the adverse effect on the Groups revenues, margins and profitability, a prolonged period of low oil and natural gas prices could lead the Group to review its projects and the evaluation of its assets and oil and natural gas reserves.
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 of and demand for 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 that can disrupt supplies or interrupt operations of the Groups facilities.
Low oil and natural gas prices over prolonged periods may reduce the economic viability of projects planned or in development, impact the Groups asset sale program 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.
Prolonged periods of low oil and natural gas prices may reduce the Groups reported reserves and/or result in impairment that could have a significant effect on the Groups results in the period in which it occurs.
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. In 2015, the negative effects of the decline of oil prices on the Groups results were partially offset by the results of Refining & Chemicals, which were supported by high refining margins. In 2016, there can be no assurance that the refining margins will remain at such a high level.
The activities of Trading & Shipping (oil, gas and power trading and shipping activities) are particularly sensitive to market risk and more specifically to price risk as a consequence of the volatility of oil and gas prices, to liquidity risk (inability to buy or sell cargoes at market prices) and to counterparty risk (when a counterparty does not fulfill its contractual obligations). The Group uses various energy derivative instruments to adjust its exposure to price fluctuations of crude oil, refined products, natural gas, power and freight-rates. Although TOTAL believes it has established appropriate risk management procedures, large market fluctuations may adversely affect the activities and operating results of the Group.
Since the second half of 2014, oil prices have declined very significantly. For more detailed information on the impact of the sharp decline in oil prices on the Groups 2015 results, financial condition (including impairments, significant reductions to capital expenditures and operating costs, and divestments completed under the Groups asset sale program) and outlook, refer to Item 5. Operating and Financial Review and Prospects.
Certain financial risks are detailed in Note 31 to the Consolidated Financial Statements.
TOTAL is exposed to risks related to the safety and security of its operations.
The Groups 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, that can potentially cause death or injury, or impact natural resources and ecosystems.
2015 Form 20-F TOTAL S.A.
3
Item 3 - C. Risk Factors
The industrial event that could have the most significant impact is a major industrial accident (e.g., blow out, explosion, fire, leakage of highly toxic products resulting in the death or injury of one or several people and/or accidental pollution on a large-scale or at an environmentally sensitive site).
Acts of terrorism against the Groups plants and sites, pipelines, and transportation and computer systems could also disrupt its business activities and could cause harm to people, the environment and property.
Certain activities of the Group face specific additional risks. TOTALs Upstream segment faces, notably, risks related to the physical characteristics of oil and gas fields, particularly during exploration operations that can cause blow outs, explosions and fires and harm the environment as well as lead to a disruption of the Groups operations or reduce its production. In addition to the risks of explosions and fires, the activities of the Refining & Chemicals and Marketing & Services business segments entail risks related to the overall life cycle of the products manufactured, as well as the materials used. With regard to transportation, the likelihood of an operational accident depends not only on the hazardous nature of the products transported, but also on the volumes involved and the sensitivity of the regions through which they are transported (quality of infrastructure, population density, environmental considerations).
TOTALs workforce and the public are exposed to risks inherent to the Groups operations (loss of life, injuries, property damage, environmental damage) that could result in regulatory action and legal liability against the Groups entities and senior management as well as damage to the Groups reputation. Like most industrial groups, TOTAL is affected by reports of occupational illnesses, particularly those caused by past exposure of Group employees to asbestos.
To manage the operational risks to which it is exposed, the Group maintains worldwide third-party liability insurance coverage for all its subsidiaries. TOTAL also has insurance to protect against the risk of damage to Group property and/or business interruption at its main refining and petrochemical sites. TOTALs insurance and risk management policies are described in Item 4 E. Other Matters 3. Insurance and risk management. However, the Group is not insured against all potential risks. In certain cases, such as a major environmental disaster, TOTALs liability may exceed the maximum coverage provided by its third-party liability insurance. The Group cannot guarantee that it will not suffer any uninsured loss and there can be no guarantee, particularly in the event of a major environmental disaster or industrial accident, that such loss would not have a material adverse effect on the Group.
Crisis management systems are necessary to effectively respond to emergencies, avoid potential disruptions to TOTALs business and operations and minimize impacts on third parties and the environment.
TOTAL has crisis management plans in place to deal with emergencies (refer to Item 15 Controls and Procedures). 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 has also implemented business continuity plans 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.
TOTAL is subject to increasingly stringent environmental, health and safety laws and regulations in numerous countries and may incur material related compliance costs.
The Groups activities are subject to numerous laws and regulations pertaining to health, safety and the environment. In most countries where the Group operates, particularly in Europe and the United States, sites and products are subject to increasingly strict laws governing the protection of the environment (e.g., water, air, soil, noise, protection of nature, waste management, impact assessments), health (e.g., occupational safety, chemical product risk), and the safety of personnel and residents (e.g., major risk facilities).
Product quality and consumer protection are also subject to regulations. 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 operating results, financial position and 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. Such expenditures could have a material adverse effect on the Groups operating results and financial position.
As a further result of, notably, the introduction of 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 operating results.
Moreover, most of the Groups activities will eventually, at site closure, require decommissioning followed by environmental remediation after operations are discontinued, due to compliance with applicable regulations. Costs related to such activities may materially exceed the Groups provisions and adversely impact its operating results. 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 (refer to 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 may adversely affect the Groups business.
Growing public concern in a number of countries over greenhouse gas (GHG) emissions and climate change, as well as a multiplication of stricter regulations in this area, could adversely affect the Groups businesses, increase its operating costs and reduce its profitability.
The scientific community has established a link between climate change and increasing GHG emissions. The worldwide goal to limit global warming has led to the need to gradually reduce fossil fuel use notably through the diversification of the energy mix. The share of natural gas, the least GHG-emitting fossil energy source, represented nearly 50% of TOTALs production in 2015, compared to approximately 35% in 2005. The Group has ceased its coal production activities and is developing its renewable energy production activities in solar and biomass. Regulations designed to gradually limit fossil fuel use may, depending on the
4
TOTAL S.A. Form 20-F 2015
Item 3 - C. Risk Factors
GHG emission limits and time horizons set, negatively and significantly affect the development of the most emitting projects, as well as the economic value of some of the Groups assets.
In Europe, the regulations concerning the market for CO2 emission allowances, the EU Emissions Trading System (EU-ETS), entered a third phase on January 1, 2013. This phase marks the end of the overall free allocation of emission allowances: certain emissions, such as those related to electricity production, no longer benefit from free allowances, while for others free allowances have been significantly reduced. Free allocations are now established based on the emission level of the top-performing plants (i.e., the least GHG-emitting) within the same sector (top 10 benchmark). Lower-performing plants must purchase, at market price, the necessary allowances to cover their emissions over these free allocations. The plants also need to indirectly bear the cost of allowances for all electricity consumed (including electricity generated internally at the facilities).
The European Commissions decision to apply a cross-sectoral correction factor (CSCF) has reduced the total amount of free allocations for all sectors combined by an average of 11.6% over phase 3 (2013-2020). However, the revision in 2014 of the list of sectors exposed to carbon leakage confirmed that the refining sector in Europe is an exposed sector, which may continue to benefit from free allowances that partially cover its deficits.
In this context, the Group estimates that approximately 30% of its emissions subject to the EU-ETS will not be covered by free allowances during the 2013-2020 period. The financial risk related to the foreseeable purchase of CO2 emission allowances on the market should remain low for the Group during this period. At year-end 2015, the price of the EU allowances stood at approximately €8/t CO2 and may reach approximately €20/t(1) CO2 for 2020 due to the combined effects of backloading(2), having removed 900 Mt from phase 3 allowance auctions, and the establishment of a market stability reserve at the end of this phase.
The physical effects of climate change may adversely affect the Groups business.
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.
Climate change potentially has multiple effects that could harm the Groups operations. The increasing scarcity of water resources may negatively affect the Groups operations in some regions of the world, high sea levels may harm certain coastal activities, and the multiplication of extreme weather events may damage offshore and onshore facilities. These climate risk factors are continually assessed in TOTALs management and risk management plans.
The Group believes that it is impossible to guarantee that the contingencies or liabilities related to the matters mentioned above will not have a material adverse impact in the future on its business, assets and liabilities, consolidated financial situation, cash flow or income.
Disruption to or breaches of TOTALs critical IT services or information security systems could adversely affect the Groups operations.
The Groups activities depend heavily on the reliability and security of its information technology (IT) systems. If the integrity of its IT
systems were compromised due to, for example, technical failure, cyber attack, computer intrusions and viruses, power or network outages or natural disasters, the Groups activities 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 financial condition, including its results.
The Groups production growth and profitability depend on the delivery of its major development projects.
Growth of production and profitability of the Group rely heavily on the successful execution of its major development projects that are increasingly complex and capital-intensive. These major projects are subject to a number of challenges, including, in particular, those related to:
negotiations with partners, governments, suppliers, customers and others;
obtaining project financing;
controlling operating costs;
earning an adequate return in a low oil price environment;
adhering to projects schedules; and
the 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.
The Groups long-term profitability depends on cost-effective discovery, acquisition and development of economically viable new reserves; if the Group is unsuccessful, its operating results and financial condition would be materially and adversely affected.
A large portion of the Groups revenues and operating results are derived from the sale of oil and gas that the Group extracts from underground reserves developed as part of its exploration and 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 environmental challenges, cost projections can be uncertain. For the Upstream segment to continue to be profitable, the Group needs to replace its reserves with new proved reserves that can be developed and produced in an economically viable manner.
In addition, 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 unexpected heterogeneities 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 on time and on budget;
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;
(1)
Company data.
(2)
Backloading: authorization given to the European Commission to intervene at its own discretion in the CO2 allowance auction calendar.
2015 Form 20-F TOTAL S.A.
5
Item 3 - C. Risk Factors
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;
increased taxes and royalties, including retroactive claims; and
disputes related to property titles.
These factors could lead to cost overruns and could impair the Groups ability to complete a development project or make production economical. 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 in sufficient quantities to replace the Groups reserves currently being developed, produced and marketed, the Groups financial condition, including its results, would be materially and adversely affected.
The Groups oil and gas reserves data are estimates only and subsequent downward adjustments are possible. If actual production from such reserves proves to be lower than current estimates indicate, the Groups operating results and financial condition would be negatively impacted.
The Groups proved reserves figures are estimates prepared in accordance with SEC rules. Proved reserves are those reserves which, by analysis of geoscience 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 geoscience and engineering data (e.g., seismic data, 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.
A variety of factors that are beyond the Groups control 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. These 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 deposits.
The Groups reserves estimates may therefore require substantial downward revisions should its subjective judgments prove not to have been conservative enough based on the available geoscience 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 financial condition, including its results.
Many of the Groups projects are conducted by equity affiliates or are operated by third parties. For these projects, the Groups degree of control, as well as its ability to identify and manage risks, may be reduced.
A significant number of the Groups projects is 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.
For additional information concerning equity affiliates, refer to Note 12 (Equity affiliates: investments and loans) to the Consolidated Financial Statements.
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.
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, contractual terms generally provide that the operator, whether an entity of the Group or a third party, 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 financial condition and reputation.
6
TOTAL S.A. Form 20-F 2015
Item 3 - C. Risk Factors
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 29% of the Groups 2015 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 is one of the main contributing countries to the Groups production of hydrocarbons, and Libya. The Middle East, which represented 21% of the Groups 2015 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. In Yemen, the deterioration of security conditions in the vicinity of Balhaf have lead the company Yemen LNG, in which the Group holds a stake of 39.62%, to stop its commercial production and export of LNG and to declare force majeure to its various stakeholders. In South America, which represented 6% of the Groups 2015, 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, 2015, 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 the risk factor on economic sanctions, 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.
Intervention by host country authorities can adversely effect the Groups activities and its operating results.
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. The legal framework of TOTALs exploration
and production activities, established through concessions, licenses, permits and contracts granted by or entered into with a government entity, a state-owned company or, sometimes, private owners, is subject to risks of renegotiation that, in certain cases, can reduce or challenge the protections offered by the initial legal framework.
In addition, the Groups exploration and production activities in such countries are often undertaken 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 observed governments and state-owned enterprises impose 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;
nationalization or expropriation of assets;
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, which could potentially have a material adverse effect on its results.
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 operating costs and could adversely affect financial returns from projects in that country.
The Group operates in a highly competitive environment. Its competitiveness could be adversely impacted if the Groups level of innovation lagged behind its competitors.
TOTALs main competitors are comprised of national and international oil companies. The evolution of the energy sector has opened the door to new competitors and increased market price volatility.
TOTAL is subject to competition in the acquisition of assets and licenses for the exploration and production of oil and natural gas as well as for the sale of manufactured products based on crude and refined oil. In the gas sector, major producers increasingly compete in the downstream value chain with established distribution companies, including those that belong to the Group. Increased competitive pressure could have a significant negative effect on the prices, margins and market shares of the Groups companies.
The pursuit of unconventional gas development, particularly in the United States, has contributed to falling market prices and a marked difference between spot and long-term contract prices. The competitiveness of long-term contracts indexed to oil prices could be affected if this discrepancy persists and if it should prove difficult to invoke price revision clauses.
2015 Form 20-F TOTAL S.A.
7
Item 3 - C. Risk Factors
The Groups activities are carried out in a constantly changing environment with new products and technologies continuously emerging. The Group may not be able to anticipate these changes, identify and integrate technological developments in order to maintain its competitiveness, maintain a high level of performance and operational excellence, and best meet the needs and demands of its customers. The Groups innovation policy requires significant investment, notably in R&D, of which the expected impact cannot be guaranteed.
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 TOTALs commitment to business integrity and compliance with all applicable legal requirements and high ethical standards. This commitment is supported by a zero tolerance principle. Ethical misconduct or non-compliance with applicable laws and regulations by TOTAL or any third party acting on its behalf could expose TOTAL and/or its employees to criminal and civil penalties and could be damaging to TOTALs reputation and shareholder value.
In addition, such misconduct or non-compliance may lead the competent authorities to impose other measures, such as the appointment of an independent monitor in charge of assessing the Groups compliance and internal control procedures and, if need be, recommending improvements. 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 E. Other Matters 4.3.7.1. Preventing corruption and Item 8 4. Legal or arbitration proceedings Iran.
With respect to competition laws, which apply to the Groups companies in the vast majority of countries in which it does business, non-compliance may result in substantial fines and expose the Group and its employees to criminal sanctions and civil suits.
Generally, entities of the Group could potentially be subject to administrative, judicial or arbitration proceedings that could have a material adverse impact on the Group or its financial situation.
TOTAL has activities in certain countries targeted by economic sanctions. If the Groups activities are not conducted in accordance with applicable laws and regulations, TOTAL could be sanctioned or otherwise penalized.
Various members of the international community have targeted certain countries, including Iran, Syria and Russia, with economic sanctions and other restrictive measures. U.S. and European restrictions relevant to the Group and certain disclosure concerning the Groups limited activities or presence in certain targeted countries are outlined below and in Item 4 E. Other Matters 5. Information concerning certain limited activities in Iran and Syria, respectively.
TOTAL continues to closely monitor the possible impacts of international economic sanctions regimes on its activities. The Group 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 (EU) and other members of the international community. However, the Group cannot assure that current or future regulations or developments related to economic sanctions will not have a negative impact on its business or reputation. A violation by the
Group of applicable laws or regulations could result in criminal, civil and/or material financial penalties.
-
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. Pursuant to the Iran Sanctions Act (ISA), which has been amended and expanded on several occasions since 1996, including by the Comprehensive Iran Sanctions, Accountability and Divestment Act of 2010 (CISADA), 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 past investments 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. Excluding the investments made as part of the development of South Pars, TOTAL made investments in Iran in excess of $20 million in each of the years between 1996 and 2007.These investments are not sanctionable by the U.S. authorities pursuant to a determination made by the U.S. Department of State on September 30, 2010, under the Special Rule provision of ISA that allows it to avoid making a determination of sanctionability with respect to any party that provides certain assurances. The U.S. Department of State further indicated that, so long as TOTAL acts in accordance with its commitments, it will not be regarded as a company of concern for its past Iran-related activities. 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. Furthermore, since the applicability of the Special Rule to TOTAL was announced by the U.S. State Department, the United States imposed a number of additional restrictive measures targeting activities in Iran. TOTAL does not conduct activities that it believes would be sanctionable under these measures.
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 regulators have adopted similar initiatives relating to investments by insurance companies. 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 regimes with regard to Iran, including a set of restrictive measures adopted in July and October 2010 that prohibited, among other things, the supply of key equipment and technology in the refining, liquefied natural gas (LNG), and oil and gas exploration and production sectors in Iran, as well as 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
8
TOTAL S.A. Form 20-F 2015
Items 3 - 4
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 activities.
On July 14, 2015, the EU, the P5+1 countries (China, France, Russia, the United Kingdom, the United States and Germany) and Iran reached an agreement called the Joint Comprehensive Plan of Action (the JCPOA) regarding limits on Irans nuclear activities and relief under certain U.S., EU and UN sanctions regarding Iran. On January 16, 2016, in recognition of the International Atomic Energy Agency (IAEA) having verified that Iran has met its initial nuclear compliance commitments under the JCPOA, EU and UN and secondary U.S. (i.e., those covering non-U.S. persons) economic and financial sanctions were suspended, but they could be re-imposed if there is a dispute over Irans compliance with its nuclear commitments. TOTAL is closely monitoring developments in this regard.
-
Restrictions against Syria
With respect to Syria, the EU adopted measures in May 2011 that prohibit the supply of certain equipment to this country, 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, the United States has adopted economic sanctions targeting OAO Novatek(1) (Novatek), as well as entities in which Novatek (individually or with other similarly targeted persons or entities collectively) owns an interest of at least 50%, including OAO Yamal LNG(2) (Yamal LNG). These sanctions prohibit U.S. persons from transacting in, providing financing for or otherwise dealing in debt issued by these entities after July 16, 2014 of greater than 90 days maturity. Consequently, the use of the U.S. dollar for such financing, including for Yamal LNG, is effectively prohibited.
As a result, 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 compliance with the applicable regulations.
The economic sanctions initially adopted by the European Union in 2014 and subsequently extended do not materially affect TOTALs activities in Russia. TOTAL has been formally authorized to continue all its activities in Russia (in the Kharyaga field as operator, and in the Termokarstovoye field and Yamal project in which the Group holds interests) by the French government, which is the competent authority for granting authorization under the EU sanctions regime.
TOTALs activities in Russia are also not materially affected by restrictive measures adopted by the United States in August 2015 imposing export controls and restrictions relating to the export of certain goods, services, and technologies destined for projects located in Russia in the field of oil exploration.
With respect to the exploration project in the Bazhenov play (tight oil) in western Siberia, which has been suspended since 2014, TOTAL signed in July 2015 an agreement to transfer the exploration licenses it held in this play to OAO Lukoil. This agreement also sets out the conditions under which TOTAL and OAO Lukoil could potentially resume their joint activities in Russia. In January 2016, TOTAL signed an agreement to sell 50% of its interest in the Kharyaga field and transfer the operatorship to Zarubezhneft. After the sale, which is expected to be completed in 2016, TOTALs interest in the Kharyaga field will be 20%.
TOTAL continues to closely monitor the different international economic sanctions with respect to its activities in Russia.
As of December 31, 2015, 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 company) incorporated on March 28, 1924 is, together with its subsidiaries and affiliates, the worlds fourth largest publicly-traded integrated oil and gas company(3).
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 renewable energies and power generation 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. and in early 2000 it acquired control of Elf Aquitaine. Since the repeal in 2002 of the decree of December 13, 1993 that established a golden share of Elf Aquitaine held by the
(1)
A Russian company listed on stock exchanges in Moscow and London and in which the Group held an interest of 18.9% as of December 31, 2015.
(2)
A company jointly owned by Novatek (60%), Total E&P Yamal (20%), and CNODC (20%), a subsidiary of China National Petroleum Corporation. Novateks investment in the company OAO Yamal LNG is to be reduced to 50.1% following an agreement signed in September 2015 for the entry of the Silk Road Fund (9.9%). This agreement is expected to be approved by the authorities in 2016.
(3)
Based on market capitalization (in dollars) as of December 31, 2015.
2015 Form 20-F TOTAL S.A.
9
Item 4 - A. History and Development
French government, there are no longer any agreements or regulatory provisions governing shareholding relationships between TOTAL and the French government. Information on TOTAL S.A.s shareholding structure is presented in Item 7 1. Major shareholders, below. For information concerning the Groups principal capital expenditures and divestitures, see Item 4 E. Other Matters 1. Investments, Item 5 Results 2013-2015 and Item 5 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 and its Internet address is total.com. 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
The Groups goal is to be a global energy company. TOTAL is a leading international oil and gas company, and is active in new energy sources, such as solar energy and biomass. To achieve this goal, TOTAL leverages its integrated business model, which enables it to capture synergies between the different business segments of the Group. TOTAL stands out due to its operational excellence, its technological expertise and its capacity to manage complex projects. The Groups strategy is based on four main priorities:
driving profitable, sustainable growth in Exploration & Productions hydrocarbon activities;
developing competitive, top-tier refining and petrochemical complexes;
responding to its customer needs by delivering innovative solutions and services that go beyond the supply of petroleum products; and
consolidating its leadership in solar energy and continuing to develop biomass in order to offer the most appropriate energy solutions.
This strategy incorporates the challenges of climate change using the International Energy Agency 2°C scenario (450 ppm) as a point
of reference. TOTALs challenge is to contribute to satisfying the demand for energy of the worlds growing population, while providing concrete solutions to limit the effects of climate change. To do so, the Group focuses its actions around several key points, including the development of gas and renewable energies.
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 energy that people around the planet need to live and thrive, while ensuring that its operations deliver economic, societal and environmental benefits. TOTAL is meeting this challenge with and for its employees, its stakeholders and local communities.
Beyond safety, the values of respect, responsibility and exemplary conduct underpin TOTALs Code of Conduct and accompany priority business principles in the realms of safety/security/health/the environment, integrity (preventing corruption, fraud and anti-competitive practices) and human rights. It is through strict adherence to these values and principles that TOTAL will be able to build strong and sustainable growth for the Group and its stakeholders and fulfill its motto: committed to better energy.
1.
GEOGRAPHIC BREAKDOWN OF ACTIVITIES
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
2015
Non-Group sales
36,536
79,463
14,857
17,612
16,889
165,357
Property, plant and equipment, intangible assets, net
4,123
22,354
17,169
43,536
36,885
124,067
Capital expenditures
980
4,783
3,493
9,154
9,623
28,033
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
2.
UPSTREAM SEGMENT
TOTALs Upstream segment includes the activities of Exploration & Production and Gas. The Group has exploration and production activities in more than 50 countries and produces oil or gas in approximately 30 countries. Gas 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.
10
TOTAL S.A. Form 20-F 2015
Item 4 - B.2. Upstream Segment
2.1.
Exploration & Production
Exploration & Productions mission is to discover and develop oil and gas fields in order to meet growing energy demand. Safety is a core value for that mission.
In an environment marked by the significant drop in hydrocarbon prices, Exploration & Productions strategy is based on:
developing its operational excellence (reduction of operating costs and development costs and operational efficiency improvement) by drawing on its technological expertise and on innovation;
maintaining a leading position in the Groups technical areas of excellence, such as deep offshore and LNG;
renewing reserves through exploration and access to already discovered but undeveloped resources.
This strategy aims at developing an oil and gas production model that is resilient (i.e., which can withstand a long period of low hydrocarbon prices), profitable and sustainable.
Additionally, Exploration & Production thrives to minimize the environmental impact of its activities.
In 2015, the Groups production grew 9.4% compared to 2014. Exploration & Production is exiting a heavy investments phase, which peaked in 2013, and which is expected to lead to a production increase of 5% per year over the period of 2014-2019. The main growth levers include, on the one hand, the start-up of 20 major projects between 2015 and 2019 and, on the other hand, the improvement of the operational efficiency of the facilities. In 2015, nine projects were started up. After 2020, TOTALs objective for organic production growth of 1 to 2% is in line with worldwide growth in demand for hydrocarbons.
2.1.1.
Exploration and development
TOTAL evaluates exploration opportunities based on a variety of geological, technical, political, economic (including taxes and license terms) environmental and societal factors.
The exploration strategy deployed since 2015 aims to prioritize drilling that creates value and resources. The Group expects more balanced exploration investments:
50% for core and emerging basins, where the presence of hydrocarbons is already proven;
25% for near-field exploration around operated assets; and
25% for high-potential frontier basins.
In April 2015, a new organization for the Groups exploration activities, adapted to the new strategy, was implemented with a new senior exploration management team. The organizational changes are focused notably on strengthening regional basin mastery and technical excellence.
In 2015, exploration expenditure from all Exploration & Production subsidiaries stood at $1.9 billion (excluding exploration bonuses), which were made mainly in the United States, Iraq, Norway, Brazil, Papua New Guinea, Nigeria and the United Kingdom, compared to $2.6 billion in 2014 and $2.9 billion in 2013. The 2016 exploration budget is $1.5 billion.
Organic investments(1) from all Exploration & Production subsidiaries stood at $20.5 billion in 2015, compared to $23 billion in 2014 and $24 billion in 2013, and were mainly made in Angola, Nigeria, the Republic of the Congo, Norway, Canada, Australia, the United Kingdom, Russia, Kazakhstan, Indonesia, the United States and Argentina.
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. 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.
The reserves booking process requires, among other things:
internal peer review 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 concerning the reserves and their evaluation process, see sections 1 and 2 of Supplemental Oil and Gas Information (Unaudited).
Proved reserves for 2015, 2014 and 2013
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 2015, 2014 and 2013 were, respectively, $54.17/b, $101.27/b and $108.02/b for Brent crude.
As of December 31, 2015, TOTALs combined proved reserves of oil and gas were 11,580 Mboe (53% of which were proved developed reserves). Liquids (crude oil, condensates, natural gas liquids and bitumen) represented approximately 48% of these reserves and natural gas the remaining 52%. These reserves were located in Europe (mainly in Norway and the United Kingdom), Africa (mainly in Angola, Gabon, Nigeria and the Republic of the Congo), the Americas (mainly in Canada, Argentina, the United States and Venezuela), the Middle East (mainly in Qatar, the United Arab Emirates and Yemen), and Asia-Pacific (mainly in Australia), and in Kazakhstan and Russia.
Discoveries of new fields and extensions of existing fields brought an additional 2,762 Mboe to the Upstream segments proved reserves during the 3-year period ended December 31, 2015 (before deducting production and sales of reserves in place and adding any acquisitions of reserves in place during this period). The net level of reserve revisions during this 3-year period is
2015 Form 20-F TOTAL S.A.
11
(1)
For Exploration & Production, organic investments include exploration investments, net development investments and net financial investments.
Item 4 - B.2. Upstream Segment
+244 Mboe, which was due to the overall positive revisions in field behaviors, a scope change in two projects in 2013, the impairment of two assets in Libya in 2015 due to the degradation of the security situation and to the positive impact of the decrease in hydrocarbon prices in 2015 that led to a reserves increase on fields with production sharing or service contracts and on Canadian bitumen fields (royalty effect), which was partially offset by the reserves decrease resulting from the suspension or cancellation due to economic reasons of capital expenditures associated with, or from shorter producing life of, certain producing fields.
As of December 31, 2014, TOTALs combined proved reserves of oil and gas were 11,523 Mboe (50% of which were proved developed reserves) compared to 11,526 Mboe (49% of which were proved developed reserves) as of December 31, 2013. Liquids (crude oil, condensates, natural gas liquids and bitumen) at year-end 2014 represented approximately 46% of these reserves and natural gas the remaining 54% and, at year-end 2013, approximately 47% of these reserves and natural gas the remaining 53%.
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 20% of TOTALs reserves as of December 31, 2015). 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 decrease, more 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 increase is partly offset by a reduction of the duration over which fields can be produced economically. However, the decrease in reserves due to this reduction is generally less than the increase in reserves under production sharing or risked service contracts due to such lower prices. As a result, lower prices usually lead to an increase in TOTALs reserves. In Canada, a decrease in the reference price per barrel used as a reference for estimating proved reserves leads to a decrease in the volume of royalties and, therefore, an increase of the proved reserves, and vice versa.
Lastly, for any type of contract, a significant decrease in the reference price of petroleum products that negatively impacts projects profitability may lead to a reduction of proved reserves.
2.1.3.
Production
The average daily production of liquids and natural gas was 2,347 kboe/d in 2015 compared to 2,146 kboe/d in 2014 and 2,299 kboe/d in 2013. Liquids represented approximately 53% and natural gas approximately 47% of TOTALs overall production in 2015.
The tables on the following pages set forth TOTALs annual and average daily production of liquids and natural gas by geographic area and for each of the last three fiscal 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). The Groups entities may frequently act as operator (the party responsible for technical production) on acreage in which it holds an interest. Refer to the table
Presentation of production activities by region on the following pages for a presentation of the Groups producing assets.
As in 2014 and 2013, substantially all of the liquids production from TOTALs Upstream segment in 2015 was marketed by the Trading & Shipping division of TOTALs Refining & Chemicals segment (refer to the table Tradings crude oil sales and supply and petroleum products sales in 3.2.1. Trading & Shipping, below).
2.1.4.
Delivery commitments
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, the Netherlands and Norway, 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.
Some of TOTALs long-term contracts, notably in Bolivia, Indonesia, Nigeria, Norway, Thailand and Qatar, 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 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 2016-2018 to be 3,591 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 sections 1 and 2 of Supplemental Oil and Gas Information (Unaudited)).
2.1.5.
Contractual framework of activities
Licenses, permits and contracts governing the Groups ownership of oil and gas interests have terms that vary from country to country and are generally granted by or entered into with a government entity or a state-owned company and are sometimes entered into with private owners. These agreements usually take the form of concessions or production sharing contracts.
In the framework of oil concession agreements, the oil company owns the assets and the facilities and is entitled to the entire production. In exchange, the operating risks, costs and investments are the oil companys responsibility and it agrees to remit to the relevant host country, usually the owner of the subsoil resources, a production-based royalty, income tax, and possibly other taxes that may apply under local tax legislation.
The production sharing contract (PSC) involves a more complex legal framework than the concession agreement: it defines the terms and conditions of production sharing and sets the rules governing the cooperation between the company or consortium in possession of the license and the host country, which is generally represented by a state-owned company. The latter can thus be involved in operating decisions, cost accounting and production allocation. The consortium agrees to undertake and finance all exploration, development and production activities at its own risk. In exchange, it is entitled to a portion of the production, known as cost oil, the sale of which is intended to cover its incurred expenses (capital and operating costs). The balance of production,
12
TOTAL S.A. Form 20-F 2015
Item 4 - B.2. Upstream Segment
known as profit oil, is then shared in varying proportions, between the company or consortium, on the one hand, and the host country or state-owned company, on the other hand.
Today, concession agreements and PSCs can coexist, sometimes in the same country or even on the same block. Even though there are other contractual models, TOTALs license portfolio is comprised mainly of concession agreements.
On most licenses, the partners and authorities of the host country, often assisted by international accounting firms, perform joint venture and PSC cost audits and ensure the observance of contractual obligations.
In some countries, TOTAL has also signed contracts called risked service contracts, which are similar to PSCs. However, the profit oil is replaced by a defined cash monetary remuneration, agreed by contract, which depends notably on field performance parameters such as the amount of barrels produced.
Oil and gas exploration and production activities are subject to authorization granted by public authorities (licenses), which are granted for specific and limited periods of time and include an obligation to relinquish a large portion, or the entire portion in case of failure, of the area covered by the license at the end of the exploration period.
TOTAL pays taxes on income generated from its oil and gas production and sales activities under its concessions, PSCs and risked service contracts, as provided for by local regulations. In addition, depending on the country, TOTALs production and sales activities may be subject to a number of other taxes, fees and withholdings, including special petroleum taxes and fees. The taxes imposed on oil and gas production and sales activities are generally substantially higher than those imposed on other industrial or commercial businesses.
2015 Form 20-F TOTAL S.A.
13
Item 4 - B.2. Upstream Segment
2.1.6.
Production by region
The following table sets forth the Groups annual liquids and natural gas production by region.
2015
2014
2013
Liquids Mb
Natural gas Bcf(b)
Total Mboe
Liquids Mb
Natural gas Bcf(b)
Total Mboe
Liquids Mb
Natural gas Bcf(b)
Total Mboe
Africa
198
247
247
191
253
240
194
255
245
Algeria
3
35
9
2
29
7
2
30
8
Angola
86
18
90
70
20
73
64
23
68
Gabon
20
5
22
20
5
21
20
6
22
Libya
5
5
10
10
18
18
Nigeria
54
178
89
57
187
94
58
187
95
The Congo, Republic of
30
11
32
32
13
35
32
10
34
North America
18
112
38
14
104
33
10
93
27
Canada(a)
5
5
4
4
5
5
United States
13
112
33
10
104
28
5
93
22
South America
17
215
55
18
219
57
20
229
61
Argentina
3
129
26
3
134
27
5
134
28
Bolivia
1
49
10
1
51
11
1
47
10
Trinidad & Tobago
1
19
4
Venezuela
13
37
19
14
34
19
13
29
18
Asia-Pacific
12
471
94
11
430
87
11
427
86
Australia
10
1
8
1
9
1
Brunei
1
23
5
1
24
5
1
22
5
China
22
4
23
4
17
3
Indonesia
8
247
54
7
217
47
6
221
48
Myanmar
56
7
49
6
47
6
Thailand
3
113
23
4
108
22
4
112
23
CIS
20
457
106
13
414
91
12
382
83
Azerbaijan
1
22
5
2
30
7
Russia
20
457
106
12
393
86
10
352
76
Europe
60
424
137
60
397
133
61
449
143
France
3
1
16
3
Norway
47
224
88
49
210
88
50
210
89
The Netherlands
58
10
62
11
71
13
United Kingdom
13
142
39
11
122
32
11
152
38
Middle East
128
283
179
70
396
143
118
422
196
United Arab Emirates
100
24
105
42
22
46
90
26
95
Iraq
7
7
4
4
3
3
Oman
8
21
12
9
22
13
9
24
14
Qatar
12
209
49
12
203
48
13
204
50
Yemen
1
29
6
3
148
31
4
168
35
Total production
453
2,209
856
377
2,213
783
426
2,257
839
Including share of equity affiliates
81
667
204
73
726
208
119
714
251
Angola
4
1
6
1
Venezuela
14
3
14
14
2
14
13
3
14
United Arab Emirates
39
18
43
40
19
43
88
22
92
Oman
8
21
12
8
22
12
8
24
13
Qatar
3
140
28
3
139
28
3
141
28
Yemen
29
5
147
27
167
31
Russia
17
456
102
9
392
83
7
351
72
(a)
The Groups production in Canada consists of bitumen only. All of the Groups bitumen production is in Canada.
(b)
Including fuel gas (159 Bcf in 2015, 155 Bcf in 2014, 151 Bcf in 2013).
14
TOTAL S.A. Form 20-F 2015
Item 4 - B.2. Upstream Segment
The following table sets forth the Groups average daily liquids and natural gas production by region.