The status of Statoil is that it is Norway's top integrated oil and gas company. Statoil operates in 40 countries, focusing its upstream activities in more than 10 of them, primarily on the Norwegian continental shelf, the North Sea, the Caspian Sea, Western Africa, North America, and South America. In 2010 Statoil reported proved reserves of 5.3 billion barrels of oil equivalent. It indirectly operates a network of more than 2,280 gas stations in Russia, Scandinavia, Poland, and the Baltic States. (77% of these stations are in Scandinavia). Statoil also operates natural gas pipelines, supplies electricity in Norway and Sweden and is engaged in green energy development (wind and biofuels).
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| Income Statement | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|
| Revenue | $129488.6 | $111723.1735 | $89722.3712 | $80101.0193 | $93147.88269644 |
| Gross Profit | $64493.700000000004 | $46066.2114 | $33696.53979999999 | $32013.5257 | $44321.080708060006 |
| Operating Income | $36981.4 | $35304.3928 | $23246.4232 | $20934.244 | $28231.900969584 |
| Net Income | $12333.1 | $13133.7929 | $6451.0908 | $3151.6673 | $6142.997631524 |
| Diluted EPS | $3.87 | $4.12 | $2.02 | $0.99 | $1.92 |
| Cash Flow (mil) | 2012 | 2011 | 2010 |
|---|---|---|---|
| Cash at the beginning of the year | $6767.353 | $5139.088 | $4254.828 |
| Net Operating Cash | $22912.0 | $18580.883 | $13690.061 |
| Net Investing Cash | $-17291.4 | $-14781.289 | $-12911.329 |
| Net Financing Cash | $-3257.8 | $-2126.2585 | $96.0498 |
| Net Change in Cash | $2362.8 | $1673.3346 | $874.7816 |
| Cash at end of the year | $11670.8 | $6767.353 | $5139.088 |
| Capital Expenditure | $-20119.6 | $-15374.241 | $-13260.463 |
| Assets (mil) | 2012 | 2011 | 2010 |
|---|---|---|---|
| Current Assets | |||
| Cash | $11670.8 | $6767.353 | $5139.088 |
| Net Receivables | $13246.0 | $17309.127 | $13080.221 |
| Inventories | $4528.7 | $4202.3403 | $4002.4138 |
| Other Income Assets | $3311.5 | $4742.448 | $2978.5603 |
| Asset Summary | |||
| Total Current Assets | $32757.0 | $33021.27 | $25200.283 |
| Net Fixed Assets | $78598.9 | $67944.42 | $58985.758 |
| Other Noncurrent Assets | $29051.7 | $27161.098 | $24739.516 |
| Total Assets | $140407.6 | $128126.79 | $108925.555 |
| Liabilities (mil) | 2012 | 2011 | 2010 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $14642.2 | $15664.299 | $12459.539 |
| Short Term Debt | $3293.6 | $3308.4949 | $1987.062 |
| Other Current Liabilities | $11330.7 | $9554.41 | $8614.668 |
| Liability Summary | |||
| Total Current Liabilities | $29266.5 | $28527.205 | $23061.27 |
| Long Term Debt | $18079.0 | $18605.553 | $16905.611 |
| Other Noncurrent Liabilities | $35925.3 | $34498.73 | $31768.26 |
| Total Liabilities | $83270.8 | $81631.49 | $71735.14 |
| Stakeholder's Equity (mil) | 2012 | 2011 | 2010 |
|---|---|---|---|
| Equity | |||
| Preferred Stock Equity | $ | $ | $ |
| Common Stock Equity | $57136.8 | $46495.297 | $37190.414 |
| Equity Summary | |||
| Total Equity | $57136.8 | $46495.297 | $37190.414 |
| Shares Outstanding | 3188.65 | 3188.65 | 3188.65 |