Exxon 2009 Annual Report Download - page 41

Download and view the complete annual report

Please find page 41 of the 2009 Exxon annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 53

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53

SUMMARY STATEMENT OF INCOME
(millions of dollars)
2009 2008 2007
Revenues and Other Income
Sales and other operating revenue(1)301,500
459,579 390,328
Income from equity affiliates 7,143
11,081 8,901
Other income(2) 1,943
6,699 5,323
Total revenues and other income 310,586
477,359 404,552
Costs and Other Deductions
Crude oil and product purchases 152,806
249,454 199,498
Production and manufacturing expenses 33,027
37,905 31,885
Selling, general, and administrative expenses 14,735
15,873 14,890
Depreciation and depletion 11,917
12,379 12,250
Exploration expenses, including dry holes 2,021
1,451 1,469
Interest expense 548
673 400
Sales-based taxes(1) 25,936
34,508 31,728
Other taxes and duties 34,819
41,719 40,953
Total costs and other deductions 275,809
393,962 333,073
Income before income taxes 34,777
83,397 71,479
Income taxes 15,119
36,530 29,864
Net income including noncontrolling interests 19,658
46,867 41,615
Net income attributable to noncontrolling interests 378
1,647 1,005
Net income attributable to ExxonMobil 19,280
45,220 40,610
Earnings per Common Share(3) (dollars) 3.99
8.70 7.31
Earnings per Common Share – Assuming Dilution(3) (dollars) 3.98
8.66 7.26
(1) Sales and other operating revenue includes sales-based taxes of $25,936 million for 2009, $34,508 million for 2008, and $31,728 million for 2007.
(2) Other income for 2008 includes a $62 million gain from the sale of a non-U.S. investment and a related $143 million foreign exchange loss.
(3) Consistent with 2009 reporting, the calculation of prior period earnings per share has been updated to include unvested share-based payment awards that contain
nonforfeitable dividend rights.
The information in the Summary Statement of Income (for 2007 to 2009), the Summary Balance Sheet (for 2008 and 2009), and the Summary Statement of Cash Flows (for 2007
to 2009), shown on pages 38 through 40, corresponds to the information in the Consolidated Statement of Income, Consolidated Balance Sheet, and the Consolidated Statement
of Cash Flows in the financial statements of ExxonMobil’s 2010 Proxy Statement. For complete consolidated financial statements, including notes, please refer to Appendix A of
ExxonMobil’s 2010 Proxy Statement. See also Management’s Discussion and Analysis of Financial Condition and Results of Operations and other information
in Appendix A of the 2010 Proxy Statement.
EXXON฀MOBIL฀CORPORATION฀ •฀ 2009฀SUMMARY฀ANNUAL฀REPORT
38