EX-99.3 4 tm2514161d1_ex99-3.htm EXHIBIT 99.3

 

Exhibit 99.3

 

CAPITALIZATION AND INDEBTEDNESS OF TOTALENERGIES

(unaudited)

 

The following table sets out the unaudited consolidated capitalization and long-term indebtedness, as well as short-term indebtedness, of TotalEnergies SE and the consolidated entities directly or indirectly controlled by TotalEnergies SE (collectively, “TotalEnergies”) as of March 31, 2025, prepared on the basis of IFRS. Currency amounts are expressed in U.S. dollars (“dollars” or “$”) or in euros (“euros” or “€”).

 

    At March 31, 2025  
       
    (in millions of dollars)  
Current financial debt, including current portion of non-current financial debt      
Current portion of non-current financial debt   4,914  
Current financial debt   8,220  
Current portion of financial instruments for interest rate swaps liabilities   544  
Other current financial instruments — liabilities   353  
Financial liabilities directly associated with assets held for sale   63  
Total current financial debt   14,094  
Non-current financial debt   45,858  
Non-controlling interests   2,465  
Shareholders’ equity      
Common shares   7,231  
Paid-in surplus and retained earnings   128,787  
Currency translation adjustment   (14,508 )
Treasury shares   (3,554 )
Total shareholders’ equity — TotalEnergies share   117,956  
Total capitalization and non-current indebtedness   166,279  

 

As of March 31, 2025, TotalEnergies SE had an issued share capital of 2,270,057,201 ordinary shares with a par value of €2.50 per share, of which 49,468,888 were treasury shares. For more information on the delegations of authority and powers granted to the Board of Directors with respect to share capital increases and authorization for share cancellation, see Exhibit 15.1 (section 4.4.2, chapter 4) to the Annual Report on Form 20-F for the year ended December 31, 2024, filed with the Securities and Exchange Commission on March 31, 2025.

 

As of March 31, 2025, approximately $8,684 million of TotalEnergies’ non-current financial debt was secured and $37,174 million was unsecured, and all of TotalEnergies’ current financial debt of $14,094 million was unsecured. As of March 31, 2025, TotalEnergies had no outstanding guarantees from third parties relating to its consolidated indebtedness.

 

For more information about TotalEnergies’ off-balance sheet commitments and contingencies, see Note 13.1 of the Notes to TotalEnergies’ audited Consolidated Financial Statements in its Annual Report on Form 20-F for the year ended December 31, 2024, filed with the Securities and Exchange Commission on March 31, 2025.

 

Except as disclosed herein, there have been no material changes in the consolidated capitalization, indebtedness and contingent liabilities of TotalEnergies since March 31, 2025.