Operating income from oil and gas-producing activities
Operating income represents only those revenues and expenses directly associated with oil, condensate and gas production. This partially results in significant differences to the figures shown for the Oil & Gas segment. Significant deviations exist in sales revenues that do not include sales from merchandise and services as well as the financing and corporate overhead costs not included there. Income taxes were computed using currently applicable local income tax rates.
2016 (million €) |
|||||||
Fully consolidated companies |
|
Germany |
Rest of Europe |
Russia |
North Africa, Middle East |
South America |
Total Group |
|---|---|---|---|---|---|---|---|
Sales crude oil (including condensate and LPG) |
|
202 |
680 |
74 |
56 |
94 |
1,106 |
Sales natural gas |
|
75 |
291 |
166 |
– |
413 |
945 |
Local duties (royalties, export, etc.) |
|
40 |
– |
– |
– |
91 |
131 |
Net revenue (less duties) |
|
237 |
971 |
240 |
56 |
416 |
1,920 |
Production costs |
|
108 |
264 |
33 |
13 |
145 |
563 |
Exploration expenses and technology |
|
5 |
81 |
9 |
20 |
15 |
130 |
Depreciation, amortization and impairment |
|
109 |
692 |
14 |
12 |
137 |
964 |
Other |
|
4 |
43 |
18 |
6 |
(120) |
(49) |
Operating income before taxes |
|
11 |
(109) |
166 |
5 |
239 |
312 |
Income taxes |
|
3 |
3 |
25 |
23 |
85 |
139 |
Operating income after taxes |
|
8 |
(112) |
141 |
(18) |
154 |
173 |
Net income of equity-accounted companies |
|
– |
(63) |
77 |
(40) |
– |
(26) |
2015 (million €) |
|||||||
Fully consolidated companies |
|
Germany |
Rest of Europe |
Russia |
North Africa, Middle East |
South America |
Total Group |
|---|---|---|---|---|---|---|---|
Sales crude oil (including condensate and LPG) |
|
250 |
573 |
105 |
86 |
115 |
1,129 |
Sales natural gas |
|
100 |
574 |
387 |
– |
322 |
1,383 |
Local duties (royalties, export, etc.) |
|
55 |
2 |
– |
– |
87 |
144 |
Net revenue (less duties) |
|
295 |
1,145 |
492 |
86 |
350 |
2,368 |
Production costs |
|
122 |
338 |
23 |
18 |
127 |
628 |
Exploration expenses and technology |
|
8 |
192 |
1 |
37 |
16 |
254 |
Depreciation, amortization and impairment |
|
99 |
984 |
13 |
107 |
72 |
1,275 |
Other |
|
10 |
(313) |
16 |
3 |
(98) |
(382) |
Operating income before taxes |
|
56 |
(56) |
439 |
(79) |
233 |
593 |
Income taxes |
|
16 |
17 |
79 |
27 |
83 |
222 |
Operating income after taxes |
|
40 |
(73) |
360 |
(106) |
150 |
371 |
Net income of equity-accounted companies |
|
– |
(3) |
89 |
5 |
– |
91 |