Exxon Mobil Corp. (XOM) | Income Statement
Annual Data | Quarterly Data
The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.
Exxon Mobil Corp., Consolidated Income Statement
USD $ in millions
| 12 months ended | Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | |
|---|---|---|---|---|---|---|
| Sales and other operating revenue | 453,123 | 467,029 | 370,125 | 301,500 | 459,579 | |
| Income from equity affiliates | 15,010 | 15,289 | 10,677 | 7,143 | 11,081 | |
| Other income | 14,162 | 4,111 | 2,419 | 1,943 | 6,699 | |
| Revenues and other income | 482,295 | 486,429 | 383,221 | 310,586 | 477,359 | |
| Crude oil and product purchases | (265,149) | (266,534) | (197,959) | (152,806) | (249,454) | |
| Production and manufacturing expenses | (38,521) | (40,268) | (35,792) | (33,027) | (37,905) | |
| Selling, general and administrative expenses | (13,877) | (14,983) | (14,683) | (14,735) | (15,873) | |
| Depreciation and depletion | (15,888) | (15,583) | (14,760) | (11,917) | (12,379) | |
| Exploration expenses, including dry holes | (1,840) | (2,081) | (2,144) | (2,021) | (1,451) | |
| Sales-based taxes | (32,409) | (33,503) | (28,547) | (25,936) | (34,508) | |
| Other taxes and duties | (35,558) | (39,973) | (36,118) | (34,819) | (41,719) | |
| Income before interest expense and income taxes | 79,053 | 73,504 | 53,218 | 35,325 | 84,070 | |
| Interest expense | (327) | (247) | (259) | (548) | (673) | |
| Income before income taxes | 78,726 | 73,257 | 52,959 | 34,777 | 83,397 | |
| Income taxes | (31,045) | (31,051) | (21,561) | (15,119) | (36,530) | |
| Net income including noncontrolling interests | 47,681 | 42,206 | 31,398 | 19,658 | 46,867 | |
| Net income attributable to noncontrolling interests | (2,801) | (1,146) | (938) | (378) | (1,647) | |
| Net income attributable to ExxonMobil | 44,880 | 41,060 | 30,460 | 19,280 | 45,220 |
| Item | Description | The company |
|---|---|---|
| Sales and other operating revenue | Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. | Exxon Mobil Corp.'s sales and other operating revenue increased from 2010 to 2011 but then slightly declined from 2011 to 2012. |
| Income before interest expense and income taxes | The net result for the period of deducting operating expenses from operating revenues. | Exxon Mobil Corp.'s income before interest expense and income taxes increased from 2010 to 2011 and from 2011 to 2012. |
| Income before income taxes | Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. | Exxon Mobil Corp.'s income before income taxes increased from 2010 to 2011 and from 2011 to 2012. |
| Net income including noncontrolling interests | The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. | Exxon Mobil Corp.'s net income including noncontrolling interests increased from 2010 to 2011 and from 2011 to 2012. |
| Net income attributable to ExxonMobil | The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. | Exxon Mobil Corp.'s net income attributable to ExxonMobil increased from 2010 to 2011 and from 2011 to 2012. |
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