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Unaudited Condensed Consolidated Statements of Income - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023
Profit or loss [abstract] |  |  |  |
Sales revenues | $ 23,467 | $ 22,979 | $ 47,235 | $ 49,750
Cost of sales | (11,740) | (11,342) | (23,251) | (24,000)
Gross profit | 11,727 | 11,637 | 23,984 | 25,750
Income (expenses) |  |  |  |
Selling expenses | (1,268) | (1,200) | (2,601) | (2,421)
General and administrative expenses | (549) | (388) | (996) | (745)
Exploration costs | (174) | (191) | (309) | (348)
Research and development expenses | (193) | (172) | (376) | (326)
Other taxes | (948) | (329) | (1,088) | (529)
Impairment (losses) reversals, net | 37 | (401) | 46 | (404)
Other income and expenses, net | (1,927) | (478) | (2,971) | (946)
Total Income (expenses) | (5,022) | (3,159) | (8,295) | (5,719)
Income before net finance expense, results of equity-accounted investments and income taxes | 6,705 | 8,478 | 15,689 | 20,031
Finance income | 477 | 516 | 1,029 | 981
Finance expenses | (2,932) | (868) | (4,004) | (1,712)
Foreign exchange gains (losses) and inflation indexation charges | (4,414) | 331 | (5,833) | 88
Net finance expense | (6,869) | (21) | (8,808) | (643)
Results of equity-accounted investments | (188) | (22) | (281) | 13
Net income (loss) before income taxes | (352) | 8,435 | 6,600 | 19,401
Income taxes | 27 | (2,576) | (2,120) | (6,172)
Net income (loss) for the period | (325) | 5,859 | 4,480 | 13,229
Net income (loss) attributable to shareholders of Petrobras | (344) | 5,828 | 4,438 | 13,169
Net income attributable to non-controlling interests | $ 19 | $ 31 | $ 42 | $ 60
Basic earnings (losses) per common and preferred share | $ (0.03) | $ 0.45 | $ 0.34 | $ 1.01
Diluted earnings (losses) per common and preferred share | $ (0.03) | $ 0.45 | $ 0.34 | $ 1.01

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- Definition The amount of expense relating to selling activities of the entity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 112 -Subparagraph c -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_112_c&doctype=Standard -URIDate 2023-03-23 + Details
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- Definition The amount of tax expense exclusive of income tax expense. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 85 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_85&doctype=Standard -URIDate 2023-03-23 + Details
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- References No definition available. + Details
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- References No definition available. + Details
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- References No definition available. + Details
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