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Statements Of Income (USD $)
In Millions, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2008
Income Statements      
Sales of products and services $ 150,852 $ 115,892 $ 146,529
Less:      
Value-added and other taxes on sales and services (26,459) (20,909) (25,046)
Contribution of Intervention in the Economic Domain Charge - CIDE (4,341) (3,114) (3,226)
Net operating revenues 120,052 91,869 118,257
Cost of Sales (70,694) (49,251) (72,865)
Depreciation, depletion and amortization (8,507) (7,188) (5,928)
Exploration, including exploratory dry holes (1,981) (1,702) (1,775)
Impairment (402) (319) (519)
Selling, general and administrative expenses (8,977) (7,020) (7,429)
Research and development expenses (993) (681) (941)
Employee benefit expense for non-active participants (752) (719) (841)
Other operating expenses (3,588) (3,120) (2,665)
Total costs and expenses (95,894) (70,000) (92,963)
Operating income 24,158 21,869 25,294
Equity in the results of non-consolidated companies 413 157 (21)
Financial income 2,630 1,899 1,641
Financial expenses (1,643) (1,295) (848)
Monetary and exchange variation 714 (175) 1,584
Other taxes (523) (333) (433)
Other expenses, net 82 (61) (225)
Total 1,673 192 1,698
Income before income taxes 25,831 22,061 26,992
Income tax expense      
Current (3,396) (4,378) (6,904)
Deferred (2,960) (860) (2,355)
Total income tax expense (6,356) (5,238) (9,259)
Net income for the year 19,475 16,823 17,733
Plus/(Less): Net income attributable to the noncontrolling interest (291) (1,319) 1,146
Net income for the year attributable to Petrobras 19,184 15,504 18,879
Net income applicable to each class of shares      
Net income applicable to each class of shares - common shares 11,043 8,965 10,916
Net income applicable to each class of shares - preferred shares 8,141 6,539 7,963
Net income for the year attributable to Petrobras $ 19,184 $ 15,504 $ 18,879
Basic and diluted earnings per:      
Basic and diluted earnings per common and preferred share 1.94 1.77 2.15
Basic and diluted earnings per common and preferred ADS 3.88 3.54 4.30
Weighted average number of shares outstanding      
Weighted average number of shares outstanding - common 5,683,061,430 5,073,347,344 5,073,347,344
Weighted average number of shares outstanding - preferred 4,189,764,635 3,700,729,396 3,700,729,396