Financials - Santos

Notes to the Consolidated Financial Statements
for the year ended 31 December 2012
Corporate,
Eastern exploration and
australia WA & NT Asia Pacific GLNG eliminations Total
2. Segment information 2012 2011 2012 2011 2012 2011 2012 2011 2012 2011 2012 2011
(continued) Note $million $million $million $million $million $million $million $million $million $million $million $million
Amounts included in profit
before tax that are unusual
because of their nature,
size or incidence:
Gain on sale of exploration
and evaluation assets 3 – – – 152 –
3 – 45 – – – 200
Gain on sale of oil and
gas assets 3 2 14 9 20 – – – 295 – – 11 329
Gain on sale of a
controlled entity 3 – – – – – – – – 1 – 1 –
Loss on sale of
available‐for‐sale
financial assets 3 – – – – (1) – – – – – (1) –
Restructuring provision (4) – – – – – – – – – (4) –
Transaction costs on
acquisition of
subsidiaries – (11) – – – – – – – – – (11)
Remediation costs for
incidents, net of related
insurance recoveries (2) – – – – – – – – – (2) –
Non‐refundable deposit
received – – – 15 – – – – – – – 15
Finalisation of
redetermination – – – 5 – – – – – – – 5
Additions and acquisitions
of non‐current assets (other
than financial assets and
deferred tax assets):
Exploration and
evaluation assets 11 152 998 96 55 25 54 5 19 – – 278 1,126
Oil and gas assets 12 616 427 525 477 878 820 1,463 1,312 – – 3,482 3,036
Other land, buildings,
plant and equipment 13 – 27 2 – 1 – 2 8 58 42 63 77
768 1,452 623 532 904 874 1,470 1,339 58 42 3,823 4,239
100