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

All Financial Data in US Dollars.
Repsol Data Growth
  2006 2007 2008 2007 2008
 Corporate Financials
  Key Financials
     Summary Income Statement (mln)
       Net Sales Revenues 64,812.1 71,878.8 86,319.7   +10.9% +20.1%  
       EBITDA 11,165.3 12,323.3 11,818.3   +10.4% -4.1%  
       EBITDA (normalised) 10,994.9 11,697.0 11,707.6   +6.4% +0.1%  
       EBIT 7,260.5 7,989.8 7,220.0   +10.0% -9.6%  
       EBIT (normalised) 7,090.1 7,363.4 7,109.3   +3.9% -3.5%  
       EBITDAX 11,165.3 12,323.3 11,818.3   +10.4% -4.1%  
       Pre-tax Profit 6,851.6 7,704.2 6,607.4   +12.4% -14.2%  
       Net Income 3,942.6 4,398.4 3,771.6   +11.6% -14.3%  
       Net Income (Normalised) 3,831.9 3,975.6 3,694.1   +3.8% -7.1%  
 
     Balance Sheet Items (mln)
       Cash & short term securities 3,373.4 3,804.7 4,118.6   +12.8% +8.3%  
       Gross Debt- Including Operating Leases -11,711.4 -17,953.5 -18,332.3   +53.3% +2.1%  
       Net (Debt) Cash - Including Operating Leases -7,959.3 -13,757.3 -13,511.7   +72.8% -1.8%  
       Shareholders' Funds 23,802.7 28,203.5 29,605.6   +18.5% +5.0%  
       Capital employed 35,514.1 46,157.0 47,937.9   +30.0% +3.9%  
 
     Cash Flow Items (mln)
       Operating Cash Flow 7,444.8 7,880.8 9,948.0   +5.9% +26.2%  
       Net Cash Flow before Financing 854.4 2,248.9 3,039.5   +163.2% +35.2%  
       Free Cash Flow 3,123.6 5,518.7 4,717.9   +76.7% -14.5%  
 
     Per Share Data
       EPS Reported 3.23 3.60 3.11   +11.56% -13.81%  
       EPS (Normalised) 3.14 3.26 3.04   +3.75% -6.60%  
       Dividend per Share 0.91 1.38 1.48   +51.84% +6.99%  
       Sales per Share 53.09 58.88 71.07   +10.91% +20.71%  
       EBIT per Share 5.95 6.54 5.94   +10.05% -9.17%  
       EBITDA per Share 9.15 10.09 9.73   +10.38% -3.60%  
       Operating Cash Flow per Share 6.10 6.46 8.19   +5.86% +26.88%  
       Op. Cash Flow per Share bef. working cap.changes 6.57 7.11 6.65   +8.21% -6.48%  
       Book Value per Share 18.84 22.32 23.02   +18.47% +3.14%  
 
     Key Ratios (%)
       Operating Margin 80.0% 80.9% 79.2%   +1.1% -2.1%  
       Net Margin 6.1% 6.1% 4.4%   +0.6% -28.6%  
       Effective Tax Rate 40.9% 41.9% 41.6%   +2.4% -0.7%  
       ROACE (pre-tax & pre non-recurring) % 21.4% 18.0% 15.1%   -15.9% -16.4%  
       Return on Equity 18.7% 17.5% 13.6%   -6.2% -22.2%  
       Net Debt to Equity (Inc Operating Lease) 34.6% 50.5% 48.3%   +45.9% -4.3%  
 
     Valuation Measures
       Price Earnings Ratio (x) - Historic 10.7 10.0 6.9   -6.9% -31.0%  
       Price Earnings Ratio (x) - Latest 5.0 4.5 5.2   -10.4% +16.3%  
       EV/EBITDA (x) - Historic 4.9 5.1 3.9   +3.9% -23.4%  
       EV/EBITDA (x) - Latest 3.6 3.2 3.4   -9.4% +4.6%  
       Price to Op. Cash Flow (x) - Historic 5.7 5.6 2.6   -1.9% -53.1%  
       Price to Op. Cash Flow (x) - Latest 3.2 3.0 2.4   -5.5% -20.6%  
       Dividend Yield (%) - Historic 2.6% 3.8% 6.9%   +46.3% +79.9%  
       Dividend Yield (%) - Latest 5.6% 8.5% 9.1%   +51.8% +6.7%  
       Price to Book (x) - Historic 1.8 1.6 0.9   -12.4% -42.5%  
       Price to Book (x) - Latest 0.9 0.7 0.7   -15.6% -3.0%  
       Market Capitalisation - Historic (mln) 42,201.1 43,808.9 25,984.6   +3.8% -40.7%  
       Market Capitalisation - Latest (mln) 23,717.0 23,717.0 23,717.0   +0.0% +0.0%  
       Enterprise Value - Gross - Historic (mln) 54,715.9 62,720.6 45,966.0   +14.6% -26.7%  
       Enterprise Value - Gross - Latest (mln) 39,920.9 39,920.9 39,920.9   +0.0% +0.0%  
       Enterprise Value - Net - Historic (mln) 51,342.5 58,915.9 41,847.4   +14.8% -29.0%  
       Enterprise Value - Net - Latest (mln) 31,329.9 31,329.9 31,329.9   +0.0% +0.0%