Chevron 2004 Annual Report Download - page 83

Download and view the complete annual report

Please find page 83 of the 2004 Chevron 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 98

  • 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
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98

CHEVRONTEXACO CORPORATION 2004 ANNUAL REPORT 81
Five-Year Financial Summary
Unaudited
Millions฀of฀dollars,฀except฀per-share฀amounts  2003 2002 2001 2000


Total sales and other operating revenues  $ 119,575 $ 98,340 $ 103,951 $ 116,619
Income from equity affiliates and other income  1,702 197 1,751 1,917
  121,277 98,537 105,702 118,536
  108,601 94,437 97,517 104,661
  12,676 4,100 8,185 13,875
  5,294 2,998 4,310 6,237
  7,382 1,102 3,875 7,638
  44 30 56 89

   7,426 1,132 3,931 7,727
Extraordinary loss, net of tax – – (643) –
Cumulative effect of changes in accounting principles (196) – – –
   $ 7,230 $ 1,132 $ 3,288 $ 7,727

 
– Basic   $ 3.55 $ 0.52 $ 1.82 $ 3.58
– Diluted   $ 3.55 $ 0.52 $ 1.82 $ 3.57

  – Basic   $ 0.02 $ 0.01 $ 0.03 $ 0.04
– Diluted   $ 0.02 $ 0.01 $ 0.03 $ 0.04

– Basic   $ – $ – $ (0.30) $ –
– Diluted   $ – $ – $ (0.30) $ –
 
– Basic   $ (0.09) $ – $ – $ –
– Diluted   $ (0.09) $ – $ – $ –

  – Basic   $ 3.48 $ 0.53 $ 1.55 $ 3.62
– Diluted   $ 3.48 $ 0.53 $ 1.55 $ 3.61
   $ 1.43 $ 1.40 $ 1.33 $ 1.30

Current assets   $ 19,426 $ 17,776 $ 18,327 $ 17,913
Noncurrent assets  62,044 59,583 59,245 59,708
  81,470 77,359 77,572 77,621
Short-term debt  1,703 5,358 8,429 3,094
Other current liabilities  14,408 14,518 12,225 13,567
Long-term debt and capital lease obligations  10,894 10,911 8,989 12,821
Other noncurrent liabilities  18,170 14,968 13,971 14,770
  45,175 45,755 43,614 44,252
   $ 36,295 $ 31,604 $ 33,958 $ 33,369
1 Per-share amounts in all periods reflect a two-for-one stock split effected as a 100 percent stock dividend in September 2004.
2 The amount in 2003 includes a benefit of $0.08 for the company’s share of a capital stock transaction of its Dynegy Inc. affiliate, which, under the applicable accounting rules, was
recorded directly to retained earnings and not included in net income for the period.
3 Chevron Corporation dividend pre-merger.
Supplemental Information on Oil and Gas Producing Activities
Unaudited
In฀accordance฀with฀Statement฀of฀FAS฀69,฀“Disclosures฀About฀
Oil฀and฀Gas฀Producing฀Activities,”฀this฀section฀provides฀supple-
mental฀information฀on฀oil฀and฀gas฀exploration฀and฀producing฀
activities฀of฀the฀company฀in฀seven฀separate฀tables.฀Tables฀I฀
through฀IV฀provide฀historical฀cost฀information฀pertaining฀to฀
costs฀incurred฀in฀exploration,฀property฀acquisitions฀and฀devel-
opment;฀capitalized฀costs;฀and฀results฀of฀operations.฀Tables฀V฀
through฀VII฀present฀information฀on฀the฀company’s฀estimated฀
net฀proved฀reserve฀quantities;฀standardized฀measure฀of฀estimated฀
discounted฀future฀net฀cash฀flows฀related฀to฀proved฀reserves;฀