EX-99.3 4 tot-20230727xex99d3.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 June 30, 2023, prepared on the basis of IFRS. Currency amounts are expressed in U.S. dollars (“dollars” or “$”) or in euros (“euros” or “€”).

    

At June 30, 

 

2023

(in millions of dollars)

Current financial debt, including current portion of non-current financial debt

Current portion of non-current financial debt

7,323

Current financial debt

8,219

Current portion of financial instruments for interest rate swaps liabilities

298

Other current financial instruments — liabilities

145

Financial liabilities directly associated with assets held for sale

1,046

Total current financial debt

17,031

Non-current financial debt

40,427

Non-controlling interests

2,770

Shareholders’ equity

Common shares

7,850

Paid-in surplus and retained earnings

123,511

Currency translation adjustment

(12,859)

Treasury shares

(4,820)

Total shareholders’ equity — TotalEnergies share

113,682

Total capitalization and non-current indebtedness

156,879

As of June 30, 2023, TotalEnergies SE had an authorized share capital of 3,541,983,801 ordinary shares with a par value of €2.50 per share, and an issued share capital of 2,498,264,179 ordinary shares, of which 68,505,002 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, 2022, filed with the Securities and Exchange Commission on March 24, 2023.

As of June 30, 2023, approximately $7,553 million of TotalEnergies’ non-current financial debt was secured and $32,874 million was unsecured, and all of TotalEnergies’ current financial debt of $17,031 million was unsecured. As of June 30, 2023, 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, 2022, filed with the Securities and Exchange Commission on March 24, 2023.

Except as disclosed herein, there have been no material changes in the consolidated capitalization, indebtedness and contingent liabilities of TotalEnergies since June 30, 2023.