Imperial Oil Limited (IMO) Financial Statements (2024 and earlier)
Company Profile
Business Address |
505 QUARRY PARK BOULEVARD S.E. CALGARY, AB T2C 5N1 |
State of Incorp. | |
Fiscal Year End | December 31 |
Industry (SIC) | 2911 - Petroleum Refining (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 2,376 | 2,243 | 3,749 | 3,576 | 2,867 | 3,149 | |||
Cash and cash equivalents | 2,376 | 2,243 | 3,749 | 3,576 | 2,867 | 3,149 | |||
Receivables | 4,585 | 4,283 | 4,719 | 5,179 | 6,839 | 5,413 | |||
Inventory, net of allowances, customer advances and progress billings | 885 | ||||||||
Inventory | 885 | ||||||||
Other undisclosed current assets | 2,329 | 2,746 | 1,383 | 2,250 | 2,183 | 2,156 | |||
Total current assets: | 9,290 | 9,272 | 10,736 | 11,005 | 11,889 | 10,718 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 30,479 | 30,442 | 30,506 | 30,013 | 30,966 | 31,107 | |||
Long-term investments and receivables, including: | 998 | 995 | 893 | 883 | 754 | 754 | |||
Other undisclosed long-term investments and receivables | 998 | 995 | 893 | 883 | 754 | 754 | |||
Intangible assets, net (including goodwill) | 166 | 166 | 166 | 166 | 166 | 166 | |||
Goodwill | 166 | 166 | 166 | 166 | 166 | 166 | |||
Other noncurrent assets | 1,193 | 1,240 | 1,223 | 919 | 1,117 | 1,065 | |||
Total noncurrent assets: | 32,836 | 32,843 | 32,788 | 31,981 | 33,003 | 33,092 | |||
TOTAL ASSETS: | 42,126 | 42,115 | 43,524 | 42,986 | 44,892 | 43,810 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities, including: | 5,923 | 5,930 | 6,194 | 6,498 | 7,947 | 7,364 | |||
Taxes payable | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,165 | ||
Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 56 | ||
Accrued liabilities | 247 | 568 | 2,645 | ||||||
Other undisclosed accounts payable and accrued liabilities | 5,676 | 5,362 | 3,549 | 6,498 | 7,947 | 6,143 | |||
Debt | 122 | 122 | 122 | 122 | 122 | 122 | |||
Other undisclosed current liabilities | 184 | 505 | 2,582 | 2,314 | 2,018 | 1,165 | |||
Total current liabilities: | 6,229 | 6,557 | 8,898 | 8,934 | 10,087 | 8,651 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 4,022 | 4,027 | 4,033 | 4,038 | 5,044 | 5,049 | |||
Long-term debt, excluding current maturities | 3,447 | 3,447 | 3,447 | 3,447 | 4,447 | 4,447 | |||
Finance lease, liability | 575 | 580 | 586 | 591 | 597 | 602 | |||
Liabilities, other than long-term debt | 3,418 | 3,409 | 3,467 | 3,428 | 3,453 | 3,426 | |||
Other liabilities | 3,418 | 3,409 | 3,467 | 3,428 | 3,453 | 3,426 | |||
Other undisclosed noncurrent liabilities | 4,629 | 4,687 | 4,713 | 4,278 | 4,329 | 4,408 | |||
Total noncurrent liabilities: | 12,069 | 12,123 | 12,213 | 11,744 | 12,826 | 12,883 | |||
Total liabilities: | 18,298 | 18,680 | 21,111 | 20,678 | 22,913 | 21,534 | |||
Equity | |||||||||
Equity, attributable to parent | 23,828 | 23,435 | 22,413 | 22,308 | 21,979 | 22,276 | |||
Common stock | 1,079 | 1,079 | 1,079 | 1,129 | 1,177 | 1,237 | |||
Accumulated other comprehensive loss | (471) | (481) | (512) | (1,090) | (1,111) | (1,132) | |||
Retained earnings | 23,220 | 22,837 | 21,846 | 22,269 | 21,913 | 22,171 | |||
Total equity: | 23,828 | 23,435 | 22,413 | 22,308 | 21,979 | 22,276 | |||
TOTAL LIABILITIES AND EQUITY: | 42,126 | 42,115 | 43,524 | 42,986 | 44,892 | 43,810 |
Income Statement (P&L) ($ in millions)Annual | Quarterly
9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 11,819 | 12,121 | 14,453 | 15,224 | 17,307 | 12,686 | ||
Revenue from related parties | ✕ | ✕ | 3,136 | 3,454 | 4,454 | 5,175 | 3,959 | |
Cost of revenue | (10,934) | (10,475) | (12,173) | (12,718) | (14,140) | (11,150) | ||
Gross profit: | 885 | 1,646 | 2,280 | 2,506 | 3,167 | 1,536 | ||
Operating expenses | (1) | (1) | (1) | (1) | (1) | (2) | ||
Operating income: | 884 | 1,645 | 2,279 | 2,505 | 3,166 | 1,534 | ||
Interest and debt expense | (49) | (46) | (45) | (34) | (20) | (12) | ||
Income from continuing operations before equity method investments, income taxes: | 835 | 1,599 | 2,234 | 2,471 | 3,146 | 1,522 | ||
Other undisclosed income from continuing operations before income taxes | 49 | 46 | 45 | 34 | 20 | 12 | ||
Income from continuing operations before income taxes: | 884 | 1,645 | 2,279 | 2,505 | 3,166 | 1,534 | ||
Income tax expense | (209) | (397) | (552) | (474) | (757) | (361) | ||
Income from continuing operations: | 675 | 1,248 | 1,727 | 2,031 | 2,409 | 1,173 | ||
Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 2,031 | 2,409 | 1,173 | |
Net income available to common stockholders, diluted: | 675 | 1,248 | 1,727 | 2,031 | 2,409 | 1,173 |
Comprehensive Income ($ in millions)Annual | Quarterly
9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | ||
---|---|---|---|---|---|---|---|---|
Net income: | 675 | 1,248 | 1,727 | 2,031 | 2,409 | 1,173 | ||
Other comprehensive income (loss) | 3 | 10 | 637 | 7 | (6) | (15) | ||
Comprehensive income: | 678 | 1,258 | 2,364 | 2,038 | 2,403 | 1,158 | ||
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 7 | 21 | (59) | 14 | 27 | 60 | ||
Comprehensive income, net of tax, attributable to parent: | 685 | 1,279 | 2,305 | 2,052 | 2,430 | 1,218 |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.