🕐09.08.14 - 02:27 Uhr

PETROBRAS - PRESS RELEASE: 2Q14: NET INCOME OF R$ 5.0 BILLION



 

  

Dear Mr/Mrsr Ramin Farzanehfar,

  

2Q14: Net Income of R$ 5.0 billion

 

Rio de Janeiro – August 8, 2014 – Petrobras announces today its consolidated results stated in millions of Reais, prepared in accordance with International Financial Reporting Standards – IFRS issued by the International Accounting Standards Board – IASB (A free translation from the original in Portuguese).
 
Consolidated net income attributable to the shareholders of Petrobras reached R$ 10,352 million in the 1H-2014 and R$ 4,959 million in the 2Q-2014.

Adjusted EBITDA reached R$ 30,595 million in the 1H-2014 and R$ 16,246 million in the 2Q-2014.

Market capitalization of R$ 217,725 million, a 9% increase compared to the 1Q-2014.

 

Highlights

R$ million

 

 

 

 

 

For the first half of

 

2Q-2014

1Q-2014

2Q14 X 1Q14 (%)

2Q-2013

 

2014

2013

2014 x 2013 (%)

 

 

 

 

 

 

 

 

4,959

5,393

(8)

6,201

Consolidated net income/(loss) attributable to the shareholders of Petrobras

10,352

13,894

(25)

2,600

2,531

3

2,555

 

Total domestic and international crude oil and natural gas production (Mbbl/d)

2,566

2,553

1

16,246

14,349

13

18,090

 

Adjusted EBITDA

30,595

34,322

(11)

217,725

199,739

9




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