TOTAL: Reorganization of Upstream and Supply-Marketing Segments

  TOTAL: Reorganization of Upstream and Supply-Marketing Segments

Information of business segments restated for 2010, 2011 and 2012 for Upstream
                             and Supply-Marketing

Business Wire

PARIS -- October 15, 2012

Regulatory News:

TOTAL (Paris:FP) (LSE:TTA) (NYSE:TOT):

Through June 30, 2012, the Group’s Upstream and Supply-Marketing segments were
defined as follows:

  *Upstream included the Exploration and Production of hydrocarbons as well
    as the activities of Gas and New Energies ;
  *Supply-Marketing included the Group’s worldwide businesses of supplying
    and marketing petroleum products.

In November, 2011, the Group launched a study on the organization of the
business activities of Gas and New Energies. Following the
information-consultation procedure concerning affected personnel, this
reorganization became effective on July 1, 2012, and the Group’s Upstream and
Supply-Marketing segments are now defined as follows:

  *Upstream includes the Exploration and Production of hydrocarbons as well
    as the activities of Gas & Power ;
  *Supply-Marketing includes the Group’s worldwide businesses of supplying
    and marketing petroleum products as well as the activities of New
    Energies.

As a result, information by business segment for certain periods has been
restated according to this new and current organization as of July 1, 2012.
For informational purposes, an extract of annual restated business segment
information for 2010 and 2011 and quarterly restated business segment
information for 2011 and 2012 regarding the Upstream and Supply-Marketing
segments is provided in the following pages.

                                  * * * * *

Total is one of the largest integrated oil and gas companies in the world,
with activities in more than 130countries. The Group is also a first rank
player in chemicals. Its 96,000employees put their expertise to work in every
part of the industry – exploration and production of oil and natural gas,
refining and marketing, new energies, trading, and chemicals. Total is working
to help satisfy the global demand for energy, both today and tomorrow.
www.total.com

                                                                                                  
UPSTREAM
TOTAL
(unaudited)
                                                                                                                      
                                                                                                                      
                                                                                          
(M€)             2010      1Q11      2Q11      3Q11      4Q11      2011      1Q12      2Q12      1H12
Non-Group sales   18,526      6,144      5,165      4,770      6,132      22,211      6,177      4,977      11,154
Intersegment      22,540      6,939      6,341      6,571      7,450      27,301      8,234      7,751      15,985
sales
Excise taxes     -         -        -        -        -        -         -        -        -       
Revenues from     41,066      13,083     11,506     11,341     13,582     49,512      14,411     12,728     27,139
sales
Operating         (18,230 )   (5,922 )   (5,057 )   (4,904 )   (6,011 )   (21,894 )   (6,539 )   (6,190 )   (12,729 )
expenses
Depreciation,
depletion and
amortization of  (5,345  )  (1,240 )  (1,100 )  (1,262 )  (1,437 )  (5,039  )  (1,393 )  (1,513 )  (2,906  )
tangible assets
and mineral
interests
Operating         17,491      5,921      5,349      5,175      6,134      22,579      6,479      5,025      11,504
income
Equity in net
income (loss)     1,548       358        542        974        324        2,198       543        448        991
of affiliates
and other items
Tax on net
operating        (10,146 )  (3,532 )  (3,281 )  (3,420 )  (3,333 )  (13,566 )  (3,986 )  (2,911 )  (6,897  )
income
Net operating     8,893       2,747      2,610      2,729      3,125      11,211      3,036      2,562      5,598
income
Net cost of net
debt
Non-controlling                                                                            
interests
Net income
                                                                                                                      
                                                                                                                      
                                                                                                                      
                                                                                          
Adjustments
^(a)
(M€)             2010      1Q11      2Q11      3Q11      4Q11      2011      1Q12      2Q12      1H12
Non-Group sales   -           84         (55    )   (14    )   30         45          (25    )   11         (14     )
Intersegment      -           -          -          -          -          -           -          -          -
sales
Excise taxes     -         -        -        -        -        -         -        -        -       
Revenues from     -           84         (55    )   (14    )   30         45          (25    )   11         (14     )
sales
Operating         -           -          -          -          -          -           -          (18    )   (18     )
expenses
Depreciation,
depletion and
amortization of  (203    )  -        -        (75    )  -        (75     )  -        -        -       
tangible assets
and mineral
interests
Operating         (203    )   84         (55    )   (89    )   30         (30     )   (25    )   (7     )   (32     )
income^(b)
Equity in net
income (loss)     192         -          168        554        (40    )   682         -          -          -
of affiliates
and other items
Tax on net
operating        275       (212   )  10       (124   )  283      (43     )  5        9        14      
income
Net operating     264         (128   )   123        341        273        609         (20    )   2          (18     )
income^(b)
Net cost of net
debt
Non-controlling                                                                            
interests
Net income
                                                                                                                      
                                                                                                                      
(a) Adjustments include special items, inventory valuation effect and the effect of changes in
fair value.
                                                                                                                      
(b) Of which
inventory
valuation
effect
On operating      -           -          -          -          -          -           -          -          -
income
On net
operating         -           -          -          -          -          -           -          -          -
income
                                                                                                                      
                                                                                                                      
                                                                                                                      
                                                                                      
Adjusted
(M€)^(a)         2010      1Q11      2Q11      3Q11      4Q11      2011      1Q12      2Q12      1H12
Non-Group sales   18,526      6,060      5,220      4,784      6,102      22,166      6,202      4,966      11,168
Intersegment      22,540      6,939      6,341      6,571      7,450      27,301      8,234      7,751      15,985
sales
Excise taxes     -         -        -        -        -        -         -        -        -       
Revenues from     41,066      12,999     11,561     11,355     13,552     49,467      14,436     12,717     27,153
sales
Operating         (18,230 )   (5,922 )   (5,057 )   (4,904 )   (6,011 )   (21,894 )   (6,539 )   (6,172 )   (12,711 )
expenses
Depreciation,
depletion and
amortization of  (5,142  )  (1,240 )  (1,100 )  (1,187 )  (1,437 )  (4,964  )  (1,393 )  (1,513 )  (2,906  )
tangible assets
and mineral
interests
Adjusted
operating         17,694      5,837      5,404      5,264      6,104      22,609      6,504      5,032      11,536
income
Equity in net
income (loss)     1,356       358        374        420        364        1,516       543        448        991
of affiliates
and other items
Tax on net
operating        (10,421 )  (3,320 )  (3,291 )  (3,296 )  (3,616 )  (13,523 )  (3,991 )  (2,920 )  (6,911  )
income
Adjusted net
operating         8,629       2,875      2,487      2,388      2,852      10,602      3,056      2,560      5,616
income
Net cost of net
debt
Non-controlling                                                                            
interests
Ajusted net
income
(a) Except for
per share
amounts.
                                                                                                                      
                                                                                                                      
                                                                                                                      
                                                                                          
(M€)             2010      1Q11      2Q11      3Q11      4Q11      2011      1Q12      2Q12      1H12
Total             13,049      5,214      5,888      3,426      6,134      20,662      5,306      4,227      9,533
expenditures
Total             2,067       335        921        936        399        2,591       748        234        982
divestments
Cash flow from
operating        15,617    4,654    4 801 *   4 042 *   3,547    17,044    5,766    5,298    11,064  
activities
* Reclassification of -823 M€ in the 2nd quarter, and +823 M€ in the 3rd quarter of intercompany transactions with no
impact on the total of cash flow from operating activities
                                                                                                                      

                                                                                                        
SUPPLY
MARKETING
TOTAL
(unaudited)
                                                                                                                            
                                                                                                                            
                                                                                                
(M€)             2010      1Q11       2Q11       3Q11       4Q11       2011      1Q12       2Q12       1H12
Non-Group sales   75,580      20,489      20,754      22,124      21,958      85,325      21,852      21,519      43,371
Intersegment      677         239         158         218         190         805         231         222         453
sales
Excise taxes     (16,616 )  (3,952  )  (4,038  )  (4,136  )  (3,655  )  (15,781 )  (3,588  )  (3,686  )  (7,274  )
Revenues from     59,641      16,776      16,874      18,206      18,493      70,349      18,495      18,055      36,550
sales
Operating         (57,613 )   (16,208 )   (16,395 )   (17,766 )   (18,027 )   (68,396 )   (17,988 )   (17,764 )   (35,752 )
expenses
Depreciation,
depletion and
amortization of  (506    )  (115    )  (112    )  (129    )  (140    )  (496    )  (122    )  (189    )  (311    )
tangible assets
and mineral
interests
Operating         1,522       453         367         311         326         1,457       385         102         487
income
Equity in net
income (loss)     208         37          (37     )   118         (495    )   (377    )   (69     )   (14     )   (83     )
of affiliates
and other items
Tax on net
operating        (545    )  (120    )  (128    )  (93     )  (97     )  (438    )  (156    )  (62     )  (218    )
income
Net operating     1,185       370         202         336         (266    )   642         160         26          186
income
Net cost of net
debt
Non-controlling                                                                                  
interests
Net income
                                                                                                                            
                                                                                                                            
                                                                                                                            
                                                                                                
Adjustments^(a)
(M€)             2010      1Q11       2Q11       3Q11       4Q11       2011      1Q12       2Q12       1H12
Non-Group sales   -           -           -           -           -           -           -           -           -
Intersegment      -           -           -           -           -           -           -           -           -
sales
Excise taxes     -         -         -         -         -         -         -         -         -       
Revenues from     -           -           -           -           -           -           -           -           -
sales
Operating         212         210         20          (1      )   42          271         63          (148    )   (85     )
expenses
Depreciation,
depletion and
amortization of  -         -         -         -         (1      )  (1      )  -         (46     )  (46     )
tangible assets
and mineral
interests
Operating         212         210         20          (1      )   41          270         63          (194    )   (131    )
income^(b)
Equity in net
income (loss)     45          7           (49     )   148         (469    )   (363    )   (21     )   (8      )   (29     )
of affiliates
and other items
Tax on net
operating        (53     )  (69     )  (3      )  (6      )  -         (78     )  (22     )  47        25      
income
Net operating     204         148         (32     )   141         (428    )   (171    )   20          (155    )   (135    )
income^(b)
Net cost of net
debt
Non-controlling                                                                                  
interests
Net income
                                                                                                                            
                                                                                                                            
(a) Adjustments include special items, inventory valuation effect and the effect of changes in fair
value.
                                                                                                                            
(b) Of which
inventory
valuation
effect
On operating      228         210         34          9           34          287         63          (146    )   (83     )
income
On net
operating         169         148         27          3           22          200         40          (99     )   (59     )
income
                                                                                                                            
                                                                                                                            
                                                                                                                            
                                                                                                
Adjusted
(M€)^(a)         2010      1Q11       2Q11       3Q11       4Q11       2011      1Q12       2Q12       1H12
Non-Group sales   75,580      20,489      20,754      22,124      21,958      85,325      21,852      21,519      43,371
Intersegment      677         239         158         218         190         805         231         222         453
sales
Excise taxes     (16,616 )  (3,952  )  (4,038  )  (4,136  )  (3,655  )  (15,781 )  (3,588  )  (3,686  )  (7,274  )
Revenues from     59,641      16,776      16,874      18,206      18,493      70,349      18,495      18,055      36,550
sales
Operating         (57,825 )   (16,418 )   (16,415 )   (17,765 )   (18,069 )   (68,667 )   (18,051 )   (17,616 )   (35,667 )
expenses
Depreciation,
depletion and
amortization of  (506    )  (115    )  (112    )  (129    )  (139    )  (495    )  (122    )  (143    )  (265    )
tangible assets
and mineral
interests
Adjusted
operating         1,310       243         347         312         285         1,187       322         296         618
income
Equity in net
income (loss)     163         30          12          (30     )   (26     )   (14     )   (48     )   (6      )   (54     )
of affiliates
and other items
Tax on net
operating        (492    )  (51     )  (125    )  (87     )  (97     )  (360    )  (134    )  (109    )  (243    )
income
Adjusted net
operating         981         222         234         195         162         813         140         181         321
income
Net cost of net
debt
Non-controlling                                                                                  
interests
Ajusted net
income
(a) Except for
per share
amounts.
                                                                                                                            
                                                                                                                            
                                                                                                                            
                                                                                                
(M€)             2010      1Q11       2Q11       3Q11       4Q11       2011      1Q12       2Q12       1H12
Total             1,019       109         1,132       48          545         1,834       198         212         410
expenditures
Total             83          21          27          1,380       527         1,955       45          20          65
divestments
Cash flow from
operating        1,105     (55     )  (54     )  516       134       541       (444    )  (140    )  (584    )
activities

Contact:

TOTAL S.A.
Martin DEFFONTAINES
Matthieu GOT
Karine KACZKA
Robert PERKINS
Magali PAILHE
Tel. : (33) 1 47 44 58 53
Fax : (33) 1 47 44 58 24
or
Robert HAMMOND (U.S.)
Tel. : (1) 713-483-5070
Fax: (1) 713-483-5629
www.total.com
 
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