| Income Statement for PetroChina Company Ltd. (PTR) | | | | | | | Income | in Millions of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 114,317 | 88,189 | 68,421 | 46,947 | 36,697 | | Adjustments to Revenue | 10,091 | 7,253 | 2,926 | 2,257 | 1,918 | | Cost of Revenue | (53,581) | (37,113) | (26,748) | (18,167) | (14,613) | | Gross Operating Profit | 50,645 | 43,823 | 38,747 | 26,523 | 20,166 | | | Selling/General/Admin Expense | (13,990) | (10,547) | (8,204) | (3,213) | (3,175) | | Research & Development | - | - | - | - | - | | EBITDA | 36,655 | 33,276 | 30,543 | 23,310 | 16,991 | | Depreciation & Amortization | (9,121) | (7,858) | (6,357) | (5,606) | (4,896) | | EBIT | 27,534 | 25,418 | 24,186 | 17,704 | 12,095 | | Interest Income | 272 | 264 | 238 | 134 | 82 | | Other Income, Net | (292) | (68) | (365) | (5) | (87) | | Total Income Avail For Interest Expense | 28,472 | 25,905 | 24,356 | 18,053 | 12,162 | | Interest Expense | (492) | (412) | (342) | (278) | (283) | | Pre-Tax Income | 27,980 | 25,493 | 24,014 | 17,775 | 11,879 | | Income Taxes | (6,729) | (6,371) | (6,713) | (5,142) | (3,391) | | Minority Interest | (1,315) | (918) | (778) | (199) | (77) | | Net Income from Continuing Operations | 19,936 | 18,205 | 16,524 | 12,434 | 8,409 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 19,936 | 18,205 | 16,524 | 12,434 | 8,409 | | | Normalized Income | 19,936 | 18,205 | 16,524 | 12,434 | 8,456 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | - | (47) | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 19,936 | 18,205 | 16,524 | 12,434 | 8,409 | | | Results | in Dollars (Preferred Dividends in Millions) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 4.70 | 4.78 | 3.73 | 2.36 | 2.04 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 10.27 | 10.11 | 9.29 | 7.13 | 4.83 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 10.27 | 10.11 | 9.29 | 7.13 | 4.83 | | | Diluted EPS from Continuing Operations | 10.27 | 10.11 | 9.29 | 7.13 | 4.83 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 10.27 | 10.11 | 9.29 | 7.13 | 4.83 | | | |
