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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