TOTAL CAPITAL CANADA LTD. - Total.com

TOTAL CAPITAL CANADA LTD.
Notes to the Financial Statements, page 9
For the three months ended March 31, 2012 and 2011
(Thousands of Canadian dollars)
5. Debt (continued)
(c) Revolving credit line
TCCL is named as a borrower on a $1.625 billion short term revolving credit line with a
syndicate of Canadian chartered banks. The interest rate will be charged at a variable rate
determined on the date of issuance. The facility is fully and unconditionally guaranteed by
Total SA. To date, no amounts have been drawn on this facility.
(d) Summary of debt outstanding
The following table summarizes the book value of the debt outstanding:
March 31, December 31,
2012 2011
Commercial paper 2,776,465 2,444,491
Medium term notes 2,786,292 2,832,548
Total 5,562,757 5,277,039
6. Shareholder's equity
(a) Structure of the share capital
The Company is authorized to issue an unlimited number of common shares, and as of
March 31, 2012, has 50,000 issued and outstanding common shares with a face value of
$1.00 each. All of the shares are held by Total S.A.
(b) Changes in shareholder's equity
Opening Net income Closing
As at March 31, 2012 balance 2012 balance
Share capital 50 – 50
Retained earnings 147 9 156
Total shareholder's equity 197 9 206