Current and non-current financial liabilities (excluding derivatives) are recognized at amortized cost, except those for which a hedge accounting can be applied.
Source: Total S.A., Annual Report
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Total S.A., Statement of Financial Position, Debt
USD $ in millions, translated from EUR €
| Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | ||
|---|---|---|---|---|---|---|
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Current borrowings | |
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Non-current financial debt | |
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Total debt | |
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Source: Based on data from Total S.A., Annual Reports
| Item | Description | The company |
|---|---|---|
| Total debt | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | Total S.A.'s total debt increased from 2009 to 2010 and from 2010 to 2011. |
May 24, 2012