Registration Document 2005 - Total.com

Key figures
Selected financial information
Consolidated data, in millions of euros,
except number of shares, earnings per share, dividends and percent amounts.
Key figures
Selected financial information
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2005 2004 2004 2003
(IFRS) (French GAAP)
Sales 143,168 121,998 122,700 104,652
Operating income 24,047 16,686 16,061 12,770
Adjusted operating income from business segments (1) (2) 23,669 17,217 17,123 13,004
Adjusted net operating income from business segments (1) (2) 11,902 8,957 8,792 6,973
Consolidated net income 12,643 11,149 9,872 7,219
Minority interests in the consolidated net income 370 281 260 194
Net income (Group share) 12,273 10,868 9,612 7,025
Adjusted net income (Group share) (1) (2) 12,003 9,131 9,039 7,344
Fully-diluted weighted-average number of shares (in millions) 590.5 606.6 615.9 635.1
Earnings per share (euros) (3) 20.91 17.99 15.64 11.10
Fully-diluted earnings per share (euros) (4) 20.78 17.92 15.61 11.06
Fully-diluted adjusted earnings per share (euros) (1) (2) (4) 20.33 15.05 14.68 11.56
Dividend per share (euros) (5) 6.48 5.40 5.40 4.70
Total assets (as of December 31,) 106,144 86,767 84,161 79,963
Total non-current assets (as of December 31,) 62,391 53,827 52,533 50,450
Total equity (6) (as of December 31,) 39,477 30,640 30,203 28,539
Net debt / Equity (as of December 31,) 32% 31% 27% 26%
Return on Average Capital Employed (ROACE) 27% 24% 24% 19%
Return on equity 35% 33% 31% 26%
Cash flow from operating activities 14,669 14,662 14,429 12,487
Expenditures 11,195 8,904 8,668 7,728
Divestitures at selling price 1,088 1,192 1,192 1,878
(1) IFRS GAAP: excluding special items, inventory valuation effect and TOTAL’s equity share of amortization of intangible assets related to the Sanofi-Aventis merger.
(2) French GAAP: excluding special items and TOTAL’s equity share of amortization of goodwill and intangible assets related to the Sanofi-Aventis merger.
(3) Based on the weighted-average number of common shares outstanding during the period.
(4) Based on the fully-diluted weighted-average number of common shares outstanding during the period.
(5) 2005 dividend: subject to approval by the May 12, 2006 Annual Shareholders’ Meeting.
(6) Total 2005 equity: after distribution of a dividend of 6.48€ per share (10€ par value) of which 3.00€ has already been paid on November 24, 2005.
TOTAL - Registration Document 2005
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