Key Financials 2006-8  (Please Register for 2008 data)

All Financial Data in US Dollars.
Petrobras (IFRS US$ Current) Data Growth
  2006 2007 2008 2007 2008
 Corporate Financials
  Key Financials
     Summary Income Statement (mln)
       Net Sales Revenues 75,987.0 91,757.0 121,483.0   +20.8% +32.4%  
       EBITDA 23,384.0 25,085.0 33,145.0   +7.3% +32.1%  
       EBITDA (normalised) 23,405.0 25,356.0 33,664.0   +8.3% +32.8%  
       EBIT 19,711.0 19,541.0 27,217.0   -0.9% +39.3%  
       EBIT (normalised) 19,732.0 19,812.0 27,736.0   +0.4% +40.0%  
       EBITDAX 24,318.0 26,508.0 34,920.0   +9.0% +31.7%  
       Pre-tax Profit 19,161.0 19,299.0 26,992.0   +0.7% +39.9%  
       Net Income 12,826.0 13,138.0 18,879.0   +2.4% +43.7%  
       Net Income (Normalised) 12,839.9 13,316.9 19,221.5   +3.7% +44.3%  
 
     Balance Sheet Items (mln)
       Cash & short term securities 13,034.0 7,254.0 6,623.0   -44.3% -8.7%  
       Gross Debt- Including Operating Leases -22,162.0 -22,406.0 -27,467.0   +1.1% +22.6%  
       Net (Debt) Cash - Including Operating Leases -9,128.0 -15,152.0 -20,844.0   +66.0% +37.6%  
       Shareholders' Funds 46,265.0 67,511.0 62,568.0   +45.9% -7.3%  
       Capital employed 68,427.0 89,917.0 90,035.0   +31.4% +0.1%  
 
     Cash Flow Items (mln)
       Operating Cash Flow 21,077.0 22,664.0 28,220.0   +7.5% +24.5%  
       Net Cash Flow before Financing 6,396.0 -1,362.0 -1,246.0   n/a -8.5%  
       Free Cash Flow 3,487.0 265.0 -299.0   -92.4% n/a  
 
     Per Share Data
       EPS Reported 1.46 1.50 2.15   +2.42% +43.70%  
       EPS (Normalised) 1.46 1.52 2.19   +3.70% +44.34%  
       Dividend per Share 0.42 0.35 0.47   -15.66% +34.29%  
       Sales per Share 8.66 10.46 13.85   +20.74% +32.40%  
       EBIT per Share 2.25 2.23 3.10   -0.87% +39.28%  
       EBITDA per Share 2.67 2.86 3.78   +7.26% +32.13%  
       Operating Cash Flow per Share 2.40 2.58 3.22   +7.52% +24.51%  
       Op. Cash Flow per Share bef. working cap.changes 2.22 2.47 3.44   +11.15% +39.54%  
       Book Value per Share 5.05 7.43 7.06   +47.12% -5.02%  
 
     Key Ratios (%)
       Operating Margin 78.2% 75.9% 80.2%   -2.9% +5.7%  
       Net Margin 16.9% 14.3% 15.5%   -15.2% +8.5%  
       Effective Tax Rate 29.7% 30.5% 34.3%   +2.7% +12.4%  
       ROACE (pre-tax & pre non-recurring) % 31.7% 25.0% 30.7%   -21.0% +22.8%  
       Return on Equity 33.2% 24.0% 29.6%   -27.8% +23.4%  
       Net Debt to Equity (Inc Operating Lease) 20.6% 23.2% 33.7%   +12.8% +44.8%  
 
     Valuation Measures
       Price Earnings Ratio (x) - Historic 8.7 19.8 5.5   +126.8% -72.4%  
       Price Earnings Ratio (x) - Latest 3.8 3.7 2.6   -2.4% -30.2%  
       EV/EBITDA (x) - Historic 6.2 11.7 4.4   +90.3% -62.2%  
       EV/EBITDA (x) - Latest 5.6 5.2 4.0   -6.8% -24.1%  
       Price to Op. Cash Flow (x) - Historic 10.6 23.0 3.7   +116.1% -84.1%  
       Price to Op. Cash Flow (x) - Latest 3.4 3.2 2.5   -7.0% -19.5%  
       Dividend Yield (%) - Historic 3.2% 1.2% 4.0%   -63.7% +238.6%  
       Dividend Yield (%) - Latest 7.6% 6.4% 8.5%   -15.7% +33.9%  
       Price to Book (x) - Historic 2.5 4.0 1.7   +57.9% -58.4%  
       Price to Book (x) - Latest 1.1 0.7 0.8   -32.0% +5.3%  
       Market Capitalisation - Historic (mln) 112,085.8 260,440.7 103,004.2   +132.4% -60.5%  
       Market Capitalisation - Latest (mln) 71,625.7 71,625.7 71,625.7   +0.0% +0.0%  
       Enterprise Value - Gross - Historic (mln) 143,931.8 293,798.7 146,236.2   +104.1% -50.2%  
       Enterprise Value - Gross - Latest (mln) 130,773.7 130,773.7 130,773.7   +0.0% +0.0%  
       Enterprise Value - Net - Historic (mln) 130,897.8 286,544.7 139,613.2   +118.9% -51.3%  
       Enterprise Value - Net - Latest (mln) 119,656.7 119,656.7 119,656.7   +0.0% +0.0%