Statoil 2006 Sustainability Report
mastering challenges Statoil and sustainable development 2006 Our performance at a glance Financials1 2006 2005 2004 Total revenues 425,166 387,411 301,443 Income before financial items, other items, income taxes and minority interest 116,881 95,043 65,085 Net income 40,615 30,730 24,916 Cash flows used in investing activities 40,084 37,664 31,959 Return on average capital employed after tax 27.1% 27.6% 23.5% Operations Combined oil and gas production (thousand boe/d) 1,135 1,169 1,106 Proved oil and gas reserves (million boe) 4,185 4,295 4,289 Production cost (NOK/boe) 26.6 22.2 23.3 Reserve replacement ratio (three-year average) 0.94 1.02 1.01 Environment2 Oil spills (cubic metres) 156.7 442 186 Carbon dioxide emissions (million tonnes) 10.0 10.3 9.8 Nitrogen oxide emissions (tonnes) 31,600 34,700 31,100 Discharges of harmful chemicals (tonnes) 15 40 167 Energy consumption (TWh) 49.4 50.4 48.1 Waste recovery factor 0.73 0.76 0.76 Health and safety Total recordable injury frequency3 5.7 5.1 5.9 Serious incident frequency3 2.1 2.3 3.2 Sickness absence4 3.5 3.5 3.2 Fatalities3 0 2 3 Organisation Employee satisfaction5 4.6 4.6 4.6 Proportion of female managers6* 26% 25% 26% Union membership (per cent of workforce), Statoil ASA* 70 72 73 R&D expenditures7 1,225 1,066 1,027 1 Key figures given in NOK million 6 New reporting system implemented 2 Data cover Statoil-operated activities.
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