Segmental Information
Group (amounts in € millions)
Refining, Supply & Trading |
2018 |
2017 |
2016 |
2015 |
2014 |
Sales |
8,682 |
7,001 |
5,707 |
6,644 |
8,818 |
Adjusted EBITDA |
548 |
639 |
536 |
561 |
253 |
Operating profit |
411 |
528 |
508 |
117 |
(371) |
Purchase of property, plant and equipment & intangible assets |
100 |
153 |
95 |
138 |
110 |
Depreciation & amortisation of property, plant and equipment & intangible assets |
145 |
143 |
154 |
139 |
138 |
Refinery production (MT million) |
15.5 |
15.0 |
14.8 |
14.4 |
13.7 |
Refinery sales volume (MT million) |
16.5 |
15.9 |
15.5 |
14.3 |
13.5 |
Average Brent price ($/bbl) |
72 |
55 |
45 |
52 |
99 |
Benchmark FOB MED Cracking Margin ($/bbl) |
5.0 |
5.9 |
5.0 |
6.5 |
3.4 |
Average exchange rate (€/$) |
1.18 |
1.13 |
1.11 |
1.11 |
1.33 |
Marketing |
2018 |
2017 |
2016 |
2015 |
2014 |
Sales |
3,329 |
2,912 |
2,336 |
2,712 |
3,220 |
Adjusted EBITDA |
93 |
107 |
101 |
107 |
90 |
Operating profit |
36 |
56 |
45 |
55 |
27 |
Purchase of property, plant and equipment & intangible assets |
45 |
49 |
30 |
26 |
25 |
Depreciation & amortisation of property, plant and equipment & intangible assets |
45 |
39 |
48 |
49 |
52 |
Sales ('000 tonnes) |
4,955 |
5,165 |
4,668 |
4,672 |
4,131 |
Petrol stations |
2,019 |
2,037 |
2,013 |
1,977 |
1,977 |
Petrochemicals |
2018 |
2017 |
2016 |
2015 |
2014 |
Sales |
315 |
267 |
252 |
263 |
322 |
Adjusted EBITDA |
100 |
95 |
100 |
93 |
81 |
Operating profit |
80 |
91 |
94 |
84 |
64 |
Purchase of property, plant and equipment & intangible assets |
3 |
1 |
0 |
1 |
1 |
Depreciation & amortisation of property, plant and equipment & intangible assets |
4 |
4 |
6 |
9 |
12 |
Sales ('000 tonnes) |
279 |
243 |
256 |
221 |
236 |
|
31 December 2018 |
31 December 2017 |
Total Assets |
|
|
Refining |
5,072,907 |
5,100,986 |
Marketing |
1,174,367 |
1,262,001 |
Exploration & Production |
16,455 |
5,349 |
Petro-chemicals |
359,703 |
517,612 |
Gas & Power |
413,642 |
721,102 |
Other Segments |
1,861,751 |
1,516,314 |
Inter-Segment |
(1,901,397) |
(1,963,289) |
Total |
6,997,428 |
7,160,075 |
|
|
|
Total Liabilities |
|
|
Refining |
3,090,505 |
3,412,030 |
Marketing |
593,052 |
618,744 |
Exploration & Production |
19,530 |
14,091 |
Petro-chemicals |
(310) |
207,250 |
Gas & Power |
10,788 |
3,483 |
Other Segments |
1,820,412 |
1,483,475 |
Inter-Segment |
(931,279) |
(950,572) |
Total |
4,602,698 |
4,788,501 |
|
|
|
Net Sales |
|
|
Domestic |
2,924,865 |
2,746,958 |
Aviation & Bunkering |
1,388,841 |
1,092,750 |
Exports |
4,173,821 |
3,021,704 |
International activities |
1,281,628 |
1,133,278 |
Total |
9,769,155 |
7,994,690 |