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v3.24.1.u1

Consolidated Statements of Income - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021
Profit or loss [abstract] |  |  |
Sales revenues | $ 102,409 | $ 124,474 | $ 83,966
Cost of sales | (48,435) | (59,486) | (43,164)
Gross profit | 53,974 | 64,988 | 40,802
Income (expenses) |  |  |
Selling expenses | (5,038) | (4,931) | (4,229)
General and administrative expenses | (1,594) | (1,332) | (1,176)
Exploration costs | (982) | (887) | (687)
Research and development expenses | (726) | (792) | (563)
Other taxes | (890) | (439) | (406)
Impairment (losses) reversals, net | (2,680) | (1,315) | 3,190
Other income and expenses, net | (4,031) | 1,822 | 653
Total Income (expenses) | (15,941) | (7,874) | (3,218)
Income before net finance expense, results of equity-accounted investments and income taxes | 38,033 | 57,114 | 37,584
Finance income | 2,169 | 1,832 | 821
Finance expenses | (3,922) | (3,500) | (5,150)
Foreign exchange gains (losses) and inflation indexation charges | (580) | (2,172) | (6,637)
Net finance expense | (2,333) | (3,840) | (10,966)
Results of equity-accounted investments | (304) | 251 | 1,607
Net income before income taxes | 35,396 | 53,525 | 28,225
Income taxes | (10,401) | (16,770) | (8,239)
Net income for the year | 24,995 | 36,755 | 19,986
Net income attributable to shareholders of Petrobras | 24,884 | 36,623 | 19,875
Net income attributable to non-controlling interests | $ 111 | $ 132 | $ 111

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- Definition The amount of all expenses directly or indirectly attributed to the goods or services sold. Attributed expenses include, but are not limited to, costs previously included in the measurement of inventory that has now been sold, such as depreciation and maintenance of factory buildings and equipment used in the production process, unallocated production overheads, and abnormal amounts of production costs of inventories. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 99 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_99&doctype=Standard -URIDate 2023-03-23 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 103 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_103&doctype=Standard -URIDate 2023-03-23 + Details
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- Definition The amount of expense arising from the search for mineral resources, including minerals, oil, natural gas and similar non-regenerative resources after the entity has obtained legal rights to explore in a specific area, as well as the determination of the technical feasibility and commercial viability of extracting the mineral resource. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 6 -IssueDate 2023-01-01 -Paragraph 24 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=6&code=ifrs-tx-2023-en-r&anchor=para_24_b&doctype=Standard -URIDate 2023-03-23 + Details
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