ConocoPhillips (COP) | Investments

Investment Accounting Policy

Cash Equivalents

Cash equivalents are highly liquid, short-term investments that are readily convertible to known amounts of cash and have original maturities of 90 days or less from their date of purchase. They are carried at cost plus accrued interest, which approximates fair value.

Short-Term Investments

Investments in bank time deposits and marketable securities (commercial paper and government obligations) with original maturities of greater than 90 days but less than one year are classified as short-term investments.

Source: ConocoPhillips, Annual Report

Adjustment to Net Income (Loss): Mark to Market Available-for-sale Securities

You have visited 10 password protected pages for free. Others contain data covered by .

Sign Up Now to get full access to whole website and cut out all advertisements.

ConocoPhillips, adjustment to Net Income (loss) Attributable To ConocoPhillips

USD $ in millions

	12 months ended	Dec 31, 2011	Dec 31, 2010	Dec 31, 2009	Dec 31, 2008	Dec 31, 2007
	Net income (loss) attributable to ConocoPhillips (as reported)
	Add: Unrealized gain (loss) on securities, net of tax
	Net income (loss) attributable to ConocoPhillips (adjusted)

Adjusted Ratios: Mark to Market Available-for-sale Securities (Summary)

You have visited 10 password protected pages for free. Others contain data covered by .

Sign Up Now to get full access to whole website and cut out all advertisements.

ConocoPhillips, adjusted ratios

	Dec 31, 2011	Dec 31, 2010	Dec 31, 2009	Dec 31, 2008	Dec 31, 2007
Net Profit Margin
Reported net profit margin	%	%	%	%	%
Adjusted net profit margin	%	%	%	%	%
Return on Equity (ROE)
Reported ROE	%	%	%	%	%
Adjusted ROE	%	%	%	%	%
Return on Assets (ROA)
Reported ROA	%	%	%	%	%
Adjusted ROA	%	%	%	%	%

Ratio	Description	The company
Adjusted net profit margin	An indicator of profitability, calculated as adjusted net income divided by revenue.	ConocoPhillips's adjusted net profit margin improved from 2009 to 2010 but then slightly deteriorated from 2010 to 2011.
Adjusted ROE	A profitability ratio calculated as adjusted net income divided by shareholders' equity.	ConocoPhillips's adjusted ROE improved from 2009 to 2010 and from 2010 to 2011.
Adjusted ROA	A profitability ratio calculated as adjusted net income divided by total assets.	ConocoPhillips's adjusted ROA improved from 2009 to 2010 and from 2010 to 2011.

Adjusted Net Profit Margin

You have visited 10 password protected pages for free. Others contain data covered by .

Sign Up Now to get full access to whole website and cut out all advertisements.

	Dec 31, 2011	Dec 31, 2010	Dec 31, 2009	Dec 31, 2008	Dec 31, 2007
As Reported
Net income (loss) attributable to ConocoPhillips (USD $ in millions)
Sales and other operating revenues (USD $ in millions)

Net profit margin¹	%	%	%	%	%
Adjusted: Mark to Market Available-for-sale Securities
Adjusted net income (loss) attributable to ConocoPhillips (USD $ in millions)
Sales and other operating revenues (USD $ in millions)

Adjusted net profit margin²	%	%	%	%	%

2011 Calculations

¹ Net profit margin = 100 × Net income (loss) attributable to ConocoPhillips ÷ Sales and other operating revenues
= 100 × ÷ = %

² Adjusted net profit margin = 100 × Adjusted net income (loss) attributable to ConocoPhillips ÷ Sales and other operating revenues
= 100 × ÷ = %

Ratio	Description	The company
Adjusted net profit margin	An indicator of profitability, calculated as adjusted net income divided by revenue.	ConocoPhillips's adjusted net profit margin improved from 2009 to 2010 but then slightly deteriorated from 2010 to 2011.

Adjusted Return On Equity (ROE)

You have visited 10 password protected pages for free. Others contain data covered by .

Sign Up Now to get full access to whole website and cut out all advertisements.

	Dec 31, 2011	Dec 31, 2010	Dec 31, 2009	Dec 31, 2008	Dec 31, 2007
As Reported
Net income (loss) attributable to ConocoPhillips (USD $ in millions)
Common stockholders’ equity (USD $ in millions)

ROE¹	%	%	%	%	%
Adjusted: Mark to Market Available-for-sale Securities
Adjusted net income (loss) attributable to ConocoPhillips (USD $ in millions)
Common stockholders’ equity (USD $ in millions)

Adjusted ROE²	%	%	%	%	%

2011 Calculations

¹ ROE = 100 × Net income (loss) attributable to ConocoPhillips ÷ Common stockholders’ equity
= 100 × ÷ = %

² Adjusted ROE = 100 × Adjusted net income (loss) attributable to ConocoPhillips ÷ Common stockholders’ equity
= 100 × ÷ = %

Ratio	Description	The company
Adjusted ROE	A profitability ratio calculated as adjusted net income divided by shareholders' equity.	ConocoPhillips's adjusted ROE improved from 2009 to 2010 and from 2010 to 2011.

Adjusted Return On Assets (ROA)

You have visited 10 password protected pages for free. Others contain data covered by .

Sign Up Now to get full access to whole website and cut out all advertisements.

	Dec 31, 2011	Dec 31, 2010	Dec 31, 2009	Dec 31, 2008	Dec 31, 2007
As Reported
Net income (loss) attributable to ConocoPhillips (USD $ in millions)
Total assets (USD $ in millions)

ROA¹	%	%	%	%	%
Adjusted: Mark to Market Available-for-sale Securities
Adjusted net income (loss) attributable to ConocoPhillips (USD $ in millions)
Total assets (USD $ in millions)

Adjusted ROA²	%	%	%	%	%

2011 Calculations

¹ ROA = 100 × Net income (loss) attributable to ConocoPhillips ÷ Total assets
= 100 × ÷ = %

² Adjusted ROA = 100 × Adjusted net income (loss) attributable to ConocoPhillips ÷ Total assets
= 100 × ÷ = %

Ratio	Description	The company
Adjusted ROA	A profitability ratio calculated as adjusted net income divided by total assets.	ConocoPhillips's adjusted ROA improved from 2009 to 2010 and from 2010 to 2011.

ConocoPhillips (COP) | Analysis of Investments

Investment Accounting Policy

Cash Equivalents

Short-Term Investments

Adjustment to Net Income (Loss): Mark to Market Available-for-sale Securities

Adjusted Ratios: Mark to Market Available-for-sale Securities (Summary)

Adjusted Net Profit Margin

Adjusted Return On Equity (ROE)

Adjusted Return On Assets (ROA)

Basic Materials

Consumer Goods

Consumer Services

Health Care

Industrials

Oil & Gas

Technology

Telecommunications