XML 211 R75.htm IDEA: XBRL DOCUMENT v3.25.1
Information by operating segment (Tables)
12 Months Ended
Dec. 31, 2024
Notes and other explanatory information [abstract]  
Schedule of consolidated statement of income by operating segment
           
 
2024
  Exploration and Production (E&P) Refining, Transportation & Marketing (RT&M) Gas and Low Carbon Energies (G&LCE) Corporate and other businesses Eliminations Total
Sales revenues 60,516 85,281 9,518 319 (64,218) 91,416
Intersegments 60,208 1,035 2,969 6 (64,218)
Third parties 308 84,246 6,549 313 - 91,416
Cost of sales (24,823) (78,836) (5,031) (294) 63,540 (45,444)
Gross profit (loss) 35,693 6,445 4,487 25 (678) 45,972
Income (expenses) (7,639) (3,257) (3,497) (4,703) (19,096)
Selling expenses (1) (1,928) (2,936) (9) - (4,874)
General and administrative expenses (64) (356) (115) (1,310) - (1,845)
Exploration costs (913) - - - - (913)
Research and development expenses (629) (6) (4) (150) - (789)
Other taxes (692) (47) (18) (494) - (1,251)
Impairment (losses) reversals, net (1,244) (300) - 13 - (1,531)
Other income and expenses, net (4,096) (620) (424) (2,753) - (7,893)
Income (loss) before net finance expense, results of equity-accounted investments and income taxes 28,054 3,188 990 (4,678) (678) 26,876
Net finance expense - - - (15,107) - (15,107)
Results of equity-accounted investments 76 (780) 80 (3) - (627)
Net income / (loss) before income taxes 28,130 2,408 1,070 (19,788) (678) 11,142
Income taxes (9,540) (1,084) (335) 7,190 232 (3,537)
Net income (loss) for the year 18,590 1,324 735 (12,598) (446) 7,605
Attributable to:            
Shareholders of Petrobras 18,593 1,324 682 (12,625) (446) 7,528
Non-controlling interests (3) - 53 27 - 77

 

 

 

             
 
2023
  Exploration and Production (E&P) Refining, Transportation & Marketing (RT&M) Gas and Low Carbon Energies (G&LCE) Corporate and other businesses Eliminations Total
Sales revenues 66,880 94,868 11,109 365 (70,813) 102,409
Intersegments 66,113 1,404 3,285 11 (70,813)
Third parties 767 93,464 7,824 354 - 102,409
Cost of sales (27,239) (85,699) (5,685) (370) 70,558 (48,435)
Gross profit (loss) 39,641 9,169 5,424 (5) (255) 53,974
Income (expenses) (5,615) (4,086) (3,384) (2,857) 1 (15,941)
Selling expenses (12) (2,156) (2,838) (33) 1 (5,038)
General and administrative expenses (74) (327) (80) (1,113) - (1,594)
Exploration costs (982) - - - - (982)
Research and development expenses (569) (16) (3) (138) - (726)
Other taxes (454) (27) (49) (360) - (890)
Impairment (losses) reversals, net (2,105) (524) (81) 30 - (2,680)
Other income and expenses, net (1,419) (1,036) (333) (1,243) - (4,031)
Income (loss) before net finance expense, results of equity-accounted investments and income taxes 34,026 5,083 2,040 (2,862) (254) 38,033
Net finance expense - - - (2,333) - (2,333)
Results of equity-accounted investments (7) (318) 10 11 - (304)
Net income / (loss) before income taxes 34,019 4,765 2,050 (5,184) (254) 35,396
Income taxes (11,571) (1,729) (693) 3,506 86 (10,401)
Net income (loss) for the year 22,448 3,036 1,357 (1,678) (168) 24,995
Attributable to:            
Shareholders of Petrobras 22,453 3,036 1,286 (1,723) (168) 24,884
Non-controlling interests (5) - 71 45 - 111

 

 

             
  2022
  Exploration and Production (E&P) Refining, Transportation & Marketing (RT&M) Gas and Low Carbon Energies (G&LCE) Corporate and other businesses Eliminations Total
             
Sales revenues 77,890 113,531 15,068 511 (82,526) 124,474
Intersegments 76,579 1,950 3,991 6 (82,526)
Third parties 1,311 111,581 11,077 505 - 124,474
Cost of sales (30,465) (99,154) (10,518) (522) 81,173 (59,486)
Gross profit (loss) 47,425 14,377 4,550 (11) (1,353) 64,988
Income (expenses) 907 (3,132) (2,965) (2,671) (13) (7,874)
Selling expenses (22) (1,841) (2,979) (76) (13) (4,931)
General and administrative expenses (46) (275) (62) (949) - (1,332)
Exploration costs (887) - - - - (887)
Research and development expenses (678) (6) (5) (103) - (792)
Other taxes (79) (31) (44) (285) - (439)
Impairment (losses) reversals, net (1,218) (97) 1 (1) - (1,315)
Other income and expenses, net 3,837 (882) 124 (1,257) - 1,822
Income (loss) before net finance expense, results of equity-accounted investments and income taxes 48,332 11,245 1,585 (2,682) (1,366) 57,114
Net finance expense - - - (3,840) - (3,840)
Results of equity-accounted investments 170 3 83 (5) - 251
Net income / (loss) before income taxes 48,502 11,248 1,668 (6,527) (1,366) 53,525
Income taxes (16,433) (3,822) (540) 3,559 466 (16,770)
Net income (loss) for the year 32,069 7,426 1,128 (2,968) (900) 36,755
Attributable to:            
Shareholders of Petrobras 32,073 7,426 1,038 (3,014) (900) 36,623
Non-controlling interests (4) - 90 46 - 132

 

Schedule of other income and expenses net by segment
         
Other income and expenses, net by segment

 2024

  Exploration and Production (E&P) Refining, Transportation & Marketing (RT&M) Gas and Low Carbon Energies (G&LCE) Corporate and other businesses Total
Stoppages for asset maintenance and pre-operating expenses (2,419) (80) (98) (20) (2,617)
Losses on decommissioning of returned/abandoned areas (2,584) - - - (2,584)
Pension and medical benefits - retirees - - - (2,196) (2,196)
Losses with legal, administrative and arbitration proceedings (386) (411) (30) (169) (996)
Variable compensation programs (407) (227) (47) (251) (932)
Operating expenses with thermoelectric power plants - - (221) - (221)
Ship/take or pay agreements 5 79 132 3 219
Results on disposal/write-offs of assets 234 51 18 (75) 228
Results from co-participation agreements in bid areas 259 - - - 259
Others 1,202 (32) (178) (45) 947
Total (4,096) (620) (424) (2,753) (7,893)

 

           
Other income and expenses, net by segment
2023
  Exploration and Production (E&P) Refining, Transportation & Marketing (RT&M) Gas and Low Carbon Energies (G&LCE) Corporate and other businesses Total
Stoppages for asset maintenance and pre-operating expenses (2,105) (21) (52) (27) (2,205)
Losses on decommissioning of returned/abandoned areas (1,195) - - - (1,195)
Pension and medical benefits - retirees - - - (1,172) (1,172)
Variable compensation programs (416) (268) (53) (274) (1,011)
Losses with legal, administrative and arbitration proceedings (300) (391) (9) (97) (797)
Operating expenses with thermoelectric power plants - - (189) - (189)
Ship/take or pay agreements 4 40 192 2 238
Results from co-participation agreements in bid areas 284 - - - 284
Results on disposal/write-offs of assets 1,370 (35) (48) 8 1,295
Others 939 (361) (174) 317 721
Total (1,419) (1,036) (333) (1,243) (4,031)
 

 

           
Other income and expenses, net by segment
2022
  Exploration and Production (E&P) Refining, Transportation & Marketing (RT&M) Gas and Low Carbon Energies (G&LCE) Corporate and other businesses Total
Stoppages for asset maintenance and pre-operating expenses (1,743) (23) (31) (37) (1,834)
Losses with legal, administrative and arbitration proceedings (461) (428) (72) (401) (1,362)
Pension and medical benefits - retirees - - - (1,015) (1,015)
Variable compensation programs (279) (144) (36) (219) (678)
Losses on decommissioning of returned/abandoned areas (225) - - - (225)
Operating expenses with thermoelectric power plants - - (150) - (150)
Ship/take or pay agreements 2 32 70 1 105
Results on disposal/write-offs of assets 868 100 164 12 1,144
Results from co-participation agreements in bid areas 4,286 - - - 4,286
Others 1,389 (419) 179 402 1,551
Total 3,837 (882) 124 (1,257) 1,822
           
Schedule of depreciation, depletion and amortization
         
  Exploration and Production (E&P) Refining, Transportation & Marketing (RT&M) Gas and Low Carbon Energies (G&LCE) Corporate and other businesses Total
 
 
2024 9,292 2,495 557 135 12,479
2023 10,230 2,410 525 115 13,280
2022 10,415 2,248 448 107 13,218
           
Schedule of assets by operating segment
           
  Exploration and Production (E&P) Refining, Transportation & Marketing (RT&M) Gas and Low Carbon Energies (G&LCE) Corporate and other businesses Elimina-tions Total
             
Consolidated assets by operating segment - 12.31.2024
             
Current assets 2,697 9,017 379 13,923 (4,180) 21,836
Non-current assets 122,854 18,708 4,881 13,366 159,809
Long-term receivables 7,056 2,217 91 11,246 20,610
Investments 299 114 182 64 659
Property, plant and equipment 113,761 16,257 4,541 1,726 136,285
Operating assets 91,895 14,828 3,936 1,242 111,901
Under construction 21,866 1,429 605 484 24,384
Intangible assets 1,738 120 67 330 2,255
Total Assets 125,551 27,725 5,260 27,289 (4,180) 181,645
             

 

             
Consolidated assets by operating segment - 12.31.2023
             
Current assets 2,804 11,002 370 23,547 (5,278) 32,445
Non-current assets 136,064 23,800 6,406 18,352 184,622
Long-term receivables 9,028 2,068 83 15,619 26,798
Investments 344 811 145 58 1,358
Property, plant and equipment 124,254 20,786 6,101 2,283 153,424
Operating assets 108,405 18,128 3,605 1,770 131,908
Under construction 15,849 2,658 2,496 513 21,516
Intangible assets 2,438 135 77 392 3,042
Total Assets 138,868 34,802 6,776 41,899 (5,278) 217,067