Registration Document 2005 - Total.com

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European Cross Reference List Cross reference list of the information items set forth in Annex I of the European Regulation (EC) No 809/2004 of April 29, 2004 Information required by Annex I Corresponding pages of of Regulation (EC) No 809/2004 this Registration Document 1. PERSONS RESPONSIBLE .................................................................................................................................................................................1 2. STATUTORY AUDITORS ................................................................................................................................................................................101 3. SELECTED FINANCIAL INFORMATION ..........................................................................................................................................................3 4. RISK FACTORS ........................................................................................................................................................................................... 75-90 5. INFORMATION ABOUT THE ISSUER 5.1. History and development 5.1.1. Legal and business name ........................................................................................................................................................................... 10; 157 5.1.2. Place of registration and registration number ............................................................................................................................................. 10; 157 5.1.3. Incorporation date of and issuer’s length of life .......................................................................................................................................... 10; 157 5.1.4. Domicile, legal form, applicable legislation, country of incorporation, registered office’s address and telephone number ......................... 10; 157 5.1.5. Business development’s main events ...................................................................................................................................................... 10-54; 62 5.2. Investments European Cross Reference List 5.2.1 Main investments for the three last fiscal years ...................................................................................................................................................56 5.2.2 Main investments in progress ..............................................................................................................................................................................56 5.2.3 Main contemplated investments ..........................................................................................................................................................................56 6. BUSINESS OVERVIEW 6.1. Main activities ................................................................................................................................................................................................ 11-54 6.2. Main markets ................................................................................................................................................................................................. 11-54 6.3. Exceptional factors having influenced the main activities or main markets .........................................................................................11-54; 65-68 6.4. Dependency from certain contracts ....................................................................................................................................................................80 6.5. Competitive position ......................................................................................................................................................................... 10; 11; 40; 48 7. ORGANIZATIONAL STRUCTURE 7.1. Issuer’s position within the Group ........................................................................................................................................................................57 7.2. Main subsidiaries .................................................................................................................................................................................57; 228-229 8. PROPERTY, PLANTS AND EQUIPMENT 8.1. Most significant tangible fixed assets ..............................................................................................................................................57; 13-54; 190 8.2. Environmental issues concerning the most significant tangible fixed assets .......................................................................................57; 255-256 9. OPERATING AND FINANCIAL REVIEW 9.1. Financial Condition ........................................................................................................................................................................................ 62-70 9.2. Operating Results 9.2.1. Significant factors affecting the income from operations ............................................................................................................................... 62-70 9.2.2. Discussion and analysis of material changes in net sales or revenues .......................................................................................................... 62-70 9.2.3. External factors that had (or could have) material impact on business operations ........................................................................................ 62-68 258 TOTAL - Registration Document 2005
10. CAPITAL RESOURCES 10.1. Information concerning capital resources (both short and long term)..................................................................................................................71 10.2. Sources, amounts and description of cash flows ....................................................................................................................................... 71; 167 10.3. Borrowings and funding structure .......................................................................................................................................................... 72; 77-79 10.4. Restrictions on use of capital resources, having materially impact on business operations ...............................................................................n/a 10.5. Anticipated sources of funds for main contemplated investments, including major encumbrances on most significant tangible fixed assets ...........................................................................................................72 11. RESEARCH AND DEVELOPMENT, PATENTS AND LICENCES .................................................................................................................73 12. TREND INFORMATION 12.1. Main trends in production, sales and inventory, and in costs and selling prices, since the end of the last fiscal year .........................................74 12.2. Known trends, uncertainties, demands, commitments or events that might have a material effect on prospects for the current fiscal year ................................................................................................................................................... 74; 76-88 13. PROFIT FORECASTS OR ESTIMATES ........................................................................................................................................................n/a 14. ADMINISTRATIVE, MANAGEMENT, AND SUPERVISORY BODIES AND SENIOR MANAGEMENT 14.1. Information concerning members of the administrative and management bodies; ..................................................................................... 92-100 14.2. Conflicts of interests, arrangement/understanding for appointments, restrictions on disposals of equity interests held in the share capital of the issuer ................................................................................... 105; 109 15. REMUNERATION AND BENEFITS 15.1. Remuneration paid, and benefits in kind granted by the issuer rand its subsidiaries ............................................................................... 102; 103 15.2. Amounts set aside or accrued for pension, retirement or similar benefits .........................................................................................................230 16. BOARD PRACTICES 16.1. Expiration date of current term of offices, and commencement date ........................................................................................................... 92-93 16.2. Contracts with the issuer or any of its subsidiaries providing for benefits upon contract’s termination .................................................... 102; 104 16.3. Information about the audit committee and remuneration committee of the issuer .................................................................................. 107-109 16.4. Compliance with the corporate governance regime applicable in France .........................................................................................................105 17. EMPLOYEES 17.1. Headcount at the end of the 3 last fiscal years; breakdown by geographic location and by segment of activities .......................8; 113; 251-254 17.2. Shareholdings and stock options ..................................................................................................................................................8; 113-121; 138 17.3. Agreements for employees’ equity stake in the capital of the issuer ........................................................................................113; 114; 138; 160 18. MAJOR SHAREHOLDERS 18.1. Shareholdings above thresholds that must be notified (known shareholdings) ......................................................................................... 136-137 18.2. Major shareholders’ voting rights above their equity interest in the share capital ..................................................................................... 136; 158 18.3. Control performed by one or several shareholders over the issuer ....................................................................................................................n/a 18.4. Agreement, known to the issuer, whose performance might subsequently result in a change in control of the issuer ......................................n/a 19. RELATED PARTY TRANSACTIONS ..................................................................................................................................................... 139; 217 20. FINANCIAL INFORMATION CONCERNING THE ISSUER’S ASSETS AND LIABILITIES, FINANCIAL POSITION AND PROFITS AND LOSSES European Cross Reference List 20.1. Historical Financial Information ..........................................................................................................................................................................148 Appendix 1 ................................................................................................................................................................................................ 163-230 Appendix 3 ........................................................................................................................................................................................243-250; 257 20.2. Pro forma financial information ...........................................................................................................................................................................n/a 20.3. Consolidated financial statements ........................................................................................................................................ Appendix 1 (163-230) TOTAL - Registration Document 2005 259
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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
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Additional information Financial in
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General information Share capital p
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• Authority to grant restricted e
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Potential capital as of December 31
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General information Articles of inc
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Shareholders’ Meetings Notices of
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Documents on display The documents
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Statutory auditors’ report on the
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Consolidated statement of income TO
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Consolidated statement of cash flow
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Notes to the consolidated financial
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The cost of employee-reserved capit
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K. Impairment of long-lived assets
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Crude oil costs include raw materia
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Fair value option In June 2005, the
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A. Information by business segment
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Appendix 1 - Consolidated financial
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Appendix 1 - Consolidated financial
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C. Adjusting items by business segm
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7. Other income and other expense A
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RECONCILIATION BETwEEN PROVISION FO
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12. Equity affiliates: investments
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14. Other non-current assets Append
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Capital increase reserved for Group
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The Group expects to contribute 371
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19. Other non-current liabilities A
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(in millions of euros) TOTAL CAPITA
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Impact on net income Appendix 1 - C
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23. Commitments and contingencies A
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Page 231 and 232: 53.2% 95.7% Elf Aquitaine 99.5% 100
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Registration Document 2005 - Total.com

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