Registration Document 2005 - Total.com

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9 Appendix 1 – Consolidated financial statements Notes to the consolidated financial statements 20. Financial debt and related financial instruments A. Non-current financial debt and related financial instruments As of December 31, (in millions of euros) 2005 2004 (ASSETS)/LIABILITIES Secured Unsecured Total Secured Unsecured Total Non-current financial debt 490 13,303 13,793 466 10,823 11,289 of which hedging instruments of non-current financial debt (liabilities) (1) - 128 128 - - - Hedging instruments of non-current financial debt (Assets) (1) - (477) (477) - (1,516) (1,516) Non-current financial debt - net of hedging instruments 490 12,826 13,316 466 9,307 9,773 Debenture loans, net of hedging instruments - 10,703 10,703 - 8,251 8,251 Bank and other, floating rate 105 1,715 1,820 137 772 909 Bank and other, fixed rate 3 408 411 4 284 288 Financial lease obligations 382 - 382 325 - 325 Non-current financial debt - net of hedging instruments 490 12,826 13,316 466 9,307 9,773 (1) See the description of these hedging instruments (note 1 L (iii) “Long-term financing”). Fair value of debenture loans, as of December 31, 2005, after taking into account hedged currency and interest rates swaps can be detailed as follows (as the effect of the Group’s credit risk is not material, it has not been taken into account in the calculation of fair value): (in millions of euros) 200 TOTAL - Registration Document 2005 Year of emission Fair value after hedging as of December 31, 2004 Fair value after hedging as of December 31, 2005 Currency Maturity Initial rate before hedging instruments Parent company Bond 1995 72 FRF 2005 8.200% Bond (single coupon) 1995 136 FRF 2005 7.620% Bond 1995 58 FRF 2005 7.500% Bond 1996 145 166 FRF 2006 6.900% Bond 1996 350 404 FRF 2008 6.750% Bond 1997 73 83 FRF 2007 5.030% Bond 1997 61 70 ESP 2007 6.800% Bond 1997 128 146 FRF 2009 6.200% Bond 1998 28 32 FRF 2008 Pibor 3 months +0.380% Bond 1998 122 141 FRF 2009 5.125% Bond 1998 124 142 FRF 2013 5.000% Bond 1999 239 275 EUR 2006 3.875% Bond 1999 141 - CHF 2005 3.250% Bond 2000 93 107 CHF 2006 3.500% Bond 2000 176 - GBP 2005 6.875% Bond 2000 167 - EUR 2005 5.375% Bond 2000 320 - EUR 2005 5.750% Bond 2000 65 75 EUR 2010 5.650% Bond 2000 367 - USD 2005 7.000% Short-term portion (less than one year) (1,433) (548) Total parent company 1,432 1,093 ELF AQUITAINE SA Elf Aquitaine SA Bond 1999 999 998 EUR 2009 4.500% Short-term portion (less than one year) - - Total Elf Aquitaine SA 999 998
(in millions of euros) TOTAL CAPITAL Year of emission Fair value after hedging as of December 31, 2004 Appendix 1 – Consolidated financial statements Notes to the consolidated financial statements 9 Fair value after hedging as of December 31, 2005 Currency Maturity Initial rate before hedging instruments Bond 2002 269 309 CHF 2007 3.000% Bond 2002 55 64 USD 2007 4.740% Bond 2002 221 255 USD 2007 5.125% Bond 2002 15 18 USD 2012 5.890% Bond 2002 178 204 CHF 2007 3.000% Bond 2002 184 213 USD 2007 4.750% Bond 2002 37 43 USD 2007 LIBOR USD 3 months +0.060% Bond 2002 37 43 USD 2007 LIBOR USD 3 months +0.065% Bond 2002 169 195 GBP 2007 5.000% Bond 2002 98 113 CHF 2007 2.500% Bond 2002 100 101 GBP 2007 5.000% Bond 2003 59 69 GBP 2007 5.000% Bond 2003 45 52 AUD 2008 5.000% Bond 2003 391 450 EUR 2008 3.500% Bond 2003 48 56 CAD 2008 4.250% Bond 2003 22 26 USD 2013 4.500% Bond 2003 184 212 USD 2008 3.250% Bond 2003 42 49 AUD 2008 5.000% Bond 2003 79 91 EUR 2008 3.500% Bond 2003 123 142 EUR 2008 3.500% Bond 2003 160 185 CHF 2008 2.000% Bond 2003 157 181 CHF 2009 2.385% Bond 2003 107 123 CHF 2008 2.000% Bond 2003 53 61 AUD 2009 6.250% Bond 2003-2004 407 467 USD 2009 3.500% Bond 2003 170 196 CHF 2010 2.375% Bond 2004 342 395 GBP 2010 4.875% Bond 2004 120 138 CHF 2010 2.385% Bond 2004 467 535 EUR 2010 3.750% Bond 2004 58 67 AUD 2009 6.000% Bond 2004 28 33 AUD 2009 6.000% Bond 2004 135 156 GBP 2010 4.875% Bond 2004 56 65 AUD 2011 5.750% Bond 2004 57 65 CAD 2010 4.000% Bond 2004 196 226 GBP 2010 4.875% Bond 2004 37 42 USD 2008 3.250% Bond 2004 37 42 USD 2008 3.250% Bond 2004 88 115 GBP 2007 5.000% Bond 2004 73 85 USD 2008 3.250% Bond 2004 114 131 CAD 2011 4.875% Bond 2004 222 255 USD 2011 4.125% Bond 2004 50 58 NZD 2014 6.750% Bond 2004 74 85 USD 2011 4.125% Bond 2004 123 142 CHF 2012 2.375% Bond 2005 337 EUR 2012 3.250% Bond 2005 220 CHF 2012 2.135% Bond 2005 42 USD 2009 3.500% TOTAL - Registration Document 2005 201
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Registration Document 2005
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Registration Document 2005 This is
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Key figures Selected financial info
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104,652 2003 French GAAP Sales (M
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DOWNSTREAM Refined product sales (k
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Business overview History and strat
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Upstream TOTAL’s Upstream segment
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Exploration & Production Exploratio
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Production TOTAL’s average daily
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Presentation of production activiti
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Europe Year of entry into the count
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Africa TOTAL has been present in Af
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Libya The Group’s share of produc
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North America The Group’s presenc
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On the Yucal Placer field, the init
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Commonwealth of Independent States
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The Netherlands TOTAL is the second
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Kuwait Since 1997, the Group has pr
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Gas & Power The Gas & Power sector
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Middle East In Qatar, negotiations
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TOTAL is pursuing decentralized rur
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Refining & Marketing On December 31
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Marketing The Group is one of the l
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the provinces of Shanghai, Jiangsu
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All of TOTAL’s trading activities
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Base Chemicals TOTAL’s Base Chemi
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Specialties TOTAL’s Specialties s
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trademarks. It is present on three
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Other activities E-Commerce In 2005
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Organizational structure Position o
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Executive Committee Trading & Shipp
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Management Report of the Board of D
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Market environment Management Repor
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Upstream results (in millions of eu
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Downstream results (in millions of
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Adoption of IFRS rules The principa
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Liquidity and capital resources Lon
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Research and development Research a
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Risk factors Market risks p. 76 •
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Financial markets related risks Wit
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The non-current debt in dollars des
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Grande Paroisse An explosion occurr
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Myanmar Under the Belgian “univer
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Risk management Risk evaluations le
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ILSA - Other US regulations In 2001
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Insurance and risk management Organ
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Corporate governance Board of Direc
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Anne Lauvergeon 46 years old. Indep
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Additional information required und
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Statutory auditors Statutory audito
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Executive Officers’ Compensation
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Report of the Chairman of the Board
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july 19: • estimated earnings for
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Nominating & Compensation Committee
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The hydrocarbon reserves are review
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Headcount, Employee shareholdings,
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Allocation of TOTAL share subscript
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TOTAL share subscription and purcha
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Allocation of TOTAL restricted shar
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Elf Aquitaine share subscription op
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TOTAL and its shareholders TOTAL sh
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Four-for-one stock split A proposal
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TOTAL share over the last 18 months
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Dividend payment on Stock Certifica
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• were repurchased under the auth
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These transactions may be carried o
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Shareholders Relationship between T
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The holdings of the principal share
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Shareholders Estimate of capital di
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The above-mentioned French forms ar
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• • • • On November 18 and
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2006 Calendar February 15 Results f
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Financial information Historical fi
Page 151 and 152: Additional information Financial in
Page 153 and 154: General information Share capital p
Page 155 and 156: • Authority to grant restricted e
Page 157 and 158: Potential capital as of December 31
Page 159 and 160: General information Articles of inc
Page 161 and 162: Shareholders’ Meetings Notices of
Page 163 and 164: Documents on display The documents
Page 165 and 166: Statutory auditors’ report on the
Page 167 and 168: Consolidated statement of income TO
Page 169 and 170: Consolidated statement of cash flow
Page 171 and 172: Notes to the consolidated financial
Page 173 and 174: The cost of employee-reserved capit
Page 175 and 176: K. Impairment of long-lived assets
Page 177 and 178: Crude oil costs include raw materia
Page 179 and 180: Fair value option In June 2005, the
Page 181 and 182: A. Information by business segment
Page 183 and 184: Appendix 1 - Consolidated financial
Page 187 and 188: C. Adjusting items by business segm
Page 189 and 190: 7. Other income and other expense A
Page 191 and 192: RECONCILIATION BETwEEN PROVISION FO
Page 193 and 194: 12. Equity affiliates: investments
Page 195 and 196: 14. Other non-current assets Append
Page 197 and 198: Capital increase reserved for Group
Page 199 and 200: The Group expects to contribute 371
Page 201: 19. Other non-current liabilities A
Page 205 and 206: Impact on net income Appendix 1 - C
Page 207 and 208: 23. Commitments and contingencies A
Page 209 and 210: B. TOTAL share purchase plan Append
Page 211 and 212: 25. Payroll and staff Appendix 1 -
Page 215 and 216: B. Financial instruments related to
Page 217 and 218: Management of short-term interest r
Page 221 and 222: 31. Other information A. Research a
Page 223 and 224: The consolidated balance sheet and
Page 225 and 226: Note 32.6: IFRS restatements with a
Page 227 and 228: Fixed assets Component Impairment o
Page 229 and 230: Fixed assets Component Impairment o
Page 231 and 232: 53.2% 95.7% Elf Aquitaine 99.5% 100
Page 233 and 234: Oil and gas reserves p. 232 • Cha
Page 235 and 236: Changes in liquids reserves Appendi
Page 237 and 238: Changes in liquids and gas reserves
Page 239 and 240: Costs incurred in oil and gas prope
Page 241 and 242: Standardized measure of discounted
Page 243 and 244: Other information Accounting for ex
Page 245 and 246: Appendix 3 - TOTAL S.A. Special aud
Page 247 and 248: Statutory auditors’ report on the
Page 249 and 250: Summary balance sheet at December 3
Page 251 and 252: Other five-year financial data TOTA
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Employment and environmental inform
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4) Compensation TOTAL - Registratio
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Environment Pursuant to French Law
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Five-year consolidated financial in
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10. CAPITAL RESOURCES 10.1. Informa
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TOTAL S.A. Registered Offi ce: 2, p
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Registration Document 2005 - Total.com

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