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10-Q Filing

IMPERIAL OIL LTD CIK: 49938 Q1 2012
Filing Information
Form Type 10-Q
Accession Number 0001193125-12-207564
Period End Date 20120331
Filing Date 20120503
Fiscal Year 2012
Fiscal Period Q1
XBRL Instance imo-20120331.xml
Filing Contents
Balance Sheet 65 line items
Line Item Tag Value Unit Period
Accounts payable (receivable) and accrued liabilities, related parties DueToRelatedPartiesCurrent -8.00M CAD Point-in-time
Accounts payable (receivable) and accrued liabilities, related parties DueToRelatedPartiesCurrent 215.00M CAD Point-in-time
Long-term debt due to related parties, noncurrent DueToRelatedPartiesNoncurrent 820.00M CAD Point-in-time
Long-term debt due to related parties, noncurrent DueToRelatedPartiesNoncurrent 820.00M CAD Point-in-time
Cash CashAndCashEquivalentsAtCarryingValue 1.04B CAD Point-in-time
Cash CashAndCashEquivalentsAtCarryingValue 267.00M CAD Point-in-time
Cash CashAndCashEquivalentsAtCarryingValue 301.00M CAD Point-in-time
Common shares authorized CommonStockSharesAuthorized 1.10B shares Point-in-time
Common shares authorized CommonStockSharesAuthorized 1.10B shares Point-in-time
Cash CashAndCashEquivalentsAtCarryingValue 1.20B CAD Point-in-time
Accounts receivable, less estimated doubtful accounts ReceivablesNetCurrent 2.29B CAD Point-in-time
Common shares outstanding CommonStockSharesOutstanding 848.00M shares Point-in-time
Accounts receivable, less estimated doubtful accounts ReceivablesNetCurrent 2.15B CAD Point-in-time
Common shares outstanding CommonStockSharesOutstanding 848.00M shares Point-in-time
Inventories of crude oil and products InventoryFinishedGoodsAndWorkInProcess 1.16B CAD Point-in-time
Inventories of crude oil and products InventoryFinishedGoodsAndWorkInProcess 762.00M CAD Point-in-time
Materials, supplies and prepaid expenses MaterialsSuppliesAndPrepaidExpenses 277.00M CAD Point-in-time
Materials, supplies and prepaid expenses MaterialsSuppliesAndPrepaidExpenses 239.00M CAD Point-in-time
Deferred income tax assets DeferredTaxAssetsNetCurrent 590.00M CAD Point-in-time
Deferred income tax assets DeferredTaxAssetsNetCurrent 630.00M CAD Point-in-time
Total current assets AssetsCurrent 5.25B CAD Point-in-time
Total current assets AssetsCurrent 5.08B CAD Point-in-time
Long-term receivables, investments and other long-term assets LongTermInvestmentsAndReceivablesNet 935.00M CAD Point-in-time
Long-term receivables, investments and other long-term assets LongTermInvestmentsAndReceivablesNet 920.00M CAD Point-in-time
Property, plant and equipment, PropertyPlantAndEquipmentGross 34.40B CAD Point-in-time
Property, plant and equipment, PropertyPlantAndEquipmentGross 33.42B CAD Point-in-time
less accumulated depreciation and depletion AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment 14.34B CAD Point-in-time
less accumulated depreciation and depletion AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment 14.25B CAD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet 20.06B CAD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet 19.16B CAD Point-in-time
Goodwill Goodwill 204.00M CAD Point-in-time
Goodwill Goodwill 204.00M CAD Point-in-time
Other intangible assets, net FiniteLivedIntangibleAssetsNet 60.00M CAD Point-in-time
Other intangible assets, net FiniteLivedIntangibleAssetsNet 58.00M CAD Point-in-time
TOTAL ASSETS Assets 25.43B CAD Point-in-time
TOTAL ASSETS Assets 26.51B CAD Point-in-time
TOTAL ASSETS Assets 22.01B CAD Point-in-time
Notes and loans payable DebtCurrent 364.00M CAD Point-in-time
Notes and loans payable DebtCurrent 364.00M CAD Point-in-time
Accounts payable and accrued liabilities (note 7) AccountsPayableAndAccruedLiabilitiesCurrent 4.40B CAD Point-in-time
Accounts payable and accrued liabilities (note 7) AccountsPayableAndAccruedLiabilitiesCurrent 4.32B CAD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent 1.27B CAD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent 1.33B CAD Point-in-time
Total current liabilities LiabilitiesCurrent 5.95B CAD Point-in-time
Total current liabilities LiabilitiesCurrent 6.09B CAD Point-in-time
Long-term debt (note 6) LongTermDebtAndCapitalLeaseObligations 843.00M CAD Point-in-time
Long-term debt (note 6) LongTermDebtAndCapitalLeaseObligations 842.00M CAD Point-in-time
Other long-term obligations (note 7) OtherLiabilitiesNoncurrent 3.95B CAD Point-in-time
Other long-term obligations (note 7) OtherLiabilitiesNoncurrent 3.88B CAD Point-in-time
Deferred income tax liabilities DeferredTaxLiabilitiesNoncurrent 1.44B CAD Point-in-time
Deferred income tax liabilities DeferredTaxLiabilitiesNoncurrent 1.51B CAD Point-in-time
TOTAL LIABILITIES Liabilities 12.11B CAD Point-in-time
TOTAL LIABILITIES Liabilities 12.39B CAD Point-in-time
Common shares at stated value CommonStockValue 1.55B CAD Point-in-time
Common shares at stated value CommonStockValue 1.53B CAD Point-in-time
Earnings reinvested RetainedEarningsAccumulatedDeficit 14.88B CAD Point-in-time
Earnings reinvested RetainedEarningsAccumulatedDeficit 14.03B CAD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax -2.24B CAD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax -2.31B CAD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax -1.50B CAD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax -1.42B CAD Point-in-time
TOTAL SHAREHOLDERS' EQUITY StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 13.32B CAD Point-in-time
TOTAL SHAREHOLDERS' EQUITY StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 14.12B CAD Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY LiabilitiesAndStockholdersEquity 26.51B CAD Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY LiabilitiesAndStockholdersEquity 25.43B CAD Point-in-time
Income Statement 40 line items
Line Item Tag Value Unit Period
Federal excise tax included in operating revenues FederalExciseTax 316.00M CAD 1 Quarter
Federal excise tax included in operating revenues FederalExciseTax 315.00M CAD 1 Quarter
Amounts from related parties included in operating revenues RevenueFromRelatedParties 707.00M CAD 1 Quarter
Operating revenues OperatingRevenuesIncludingFederalExciseTax 6.85B CAD 1 Quarter
Operating revenues OperatingRevenuesIncludingFederalExciseTax 7.49B CAD 1 Quarter
Amounts from related parties included in operating revenues RevenueFromRelatedParties 482.00M CAD 1 Quarter
Investment and other income (note 3) InvestmentIncomeAndOther 39.00M CAD 1 Quarter
Amounts to related parties included in purchases of crude oil and products CrudeOilAndProductPurchasesRelatedParties 533.00M CAD 1 Quarter
Amounts to related parties included in purchases of crude oil and products CrudeOilAndProductPurchasesRelatedParties 1.11B CAD 1 Quarter
Investment and other income (note 3) InvestmentIncomeAndOther 19.00M CAD 1 Quarter
Amounts to related parties included in production and manufacturing expenses ProductionAndManufacturingExpensesRelatedParties 53.00M CAD 1 Quarter
TOTAL REVENUES AND OTHER INCOME TotalRevenuesAndOtherIncome 7.53B CAD 1 Quarter
Amounts to related parties included in production and manufacturing expenses ProductionAndManufacturingExpensesRelatedParties 34.00M CAD 1 Quarter
TOTAL REVENUES AND OTHER INCOME TotalRevenuesAndOtherIncome 6.87B CAD 1 Quarter
Exploration ExplorationExpense 28.00M CAD 1 Quarter
Exploration ExplorationExpense 37.00M CAD 1 Quarter
Purchases of crude oil and products CrudeOilAndProductPurchases 3.98B CAD 1 Quarter
Purchases of crude oil and products CrudeOilAndProductPurchases 4.39B CAD 1 Quarter
Production and manufacturing ProductionAndManufacturingExpenses 977.00M CAD 1 Quarter
Production and manufacturing ProductionAndManufacturingExpenses 979.00M CAD 1 Quarter
Selling and general SellingGeneralAndAdministrativeExpense 321.00M CAD 1 Quarter
Selling and general SellingGeneralAndAdministrativeExpense 284.00M CAD 1 Quarter
Federal excise tax FederalExciseTax 316.00M CAD 1 Quarter
Federal excise tax FederalExciseTax 315.00M CAD 1 Quarter
Depreciation and depletion DepreciationDepletionAndAmortization 190.00M CAD 1 Quarter
Depreciation and depletion DepreciationDepletionAndAmortization 188.00M CAD 1 Quarter
TOTAL EXPENSES CostsAndExpenses 6.18B CAD 1 Quarter
TOTAL EXPENSES CostsAndExpenses 5.82B CAD 1 Quarter
INCOME BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 1.35B CAD 1 Quarter
INCOME BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 1.05B CAD 1 Quarter
INCOME TAXES IncomeTaxExpenseBenefit 337.00M CAD 1 Quarter
INCOME TAXES IncomeTaxExpenseBenefit 270.00M CAD 1 Quarter
NET INCOME NetIncomeLoss 1.01B CAD 1 Quarter
NET INCOME NetIncomeLoss 781.00M CAD 1 Quarter
Net income per common share - basic (dollars) (note 8) EarningsPerShareBasic 0.92 CAD 1 Quarter
Net income per common share - basic (dollars) (note 8) EarningsPerShareBasic 1.20 CAD 1 Quarter
Net income per common share - diluted (dollars) (note 8) EarningsPerShareDiluted 0.91 CAD 1 Quarter
Net income per common share - diluted (dollars) (note 8) EarningsPerShareDiluted 1.19 CAD 1 Quarter
Dividends per common share (dollars) CommonStockDividendsPerShareDeclared 0.12 CAD 1 Quarter
Dividends per common share (dollars) CommonStockDividendsPerShareDeclared 0.11 CAD 1 Quarter
Cash Flow Statement 50 line items
Line Item Tag Value Unit Period
Contribution to registered pension plans PensionContributions 66.00M CAD 1 Quarter
Contribution to registered pension plans PensionContributions 97.00M CAD 1 Quarter
Net income NetIncomeLoss 1.01B CAD 1 Quarter
Net income NetIncomeLoss 781.00M CAD 1 Quarter
Depreciation and depletion DepreciationDepletionAndAmortization 190.00M CAD 1 Quarter
Depreciation and depletion DepreciationDepletionAndAmortization 188.00M CAD 1 Quarter
(Gain)/loss on asset sales (note 3) NetGainOnAssetSales 6.00M CAD 1 Quarter
(Gain)/loss on asset sales (note 3) NetGainOnAssetSales 29.00M CAD 1 Quarter
Deferred income taxes and other DeferredIncomeTaxesAndOther -90.00M CAD 1 Quarter
Deferred income taxes and other DeferredIncomeTaxesAndOther 48.00M CAD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable 245.00M CAD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable -140.00M CAD 1 Quarter
Inventories, materials, supplies and prepaid expenses IncreaseDecreaseInInventoriesMaterialsAndSuppliesAndPrepaids 462.00M CAD 1 Quarter
Inventories, materials, supplies and prepaid expenses IncreaseDecreaseInInventoriesMaterialsAndSuppliesAndPrepaids 431.00M CAD 1 Quarter
Income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable 59.00M CAD 1 Quarter
Income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable 17.00M CAD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 731.00M CAD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 71.00M CAD 1 Quarter
All other items - net IncreaseDecreaseInOtherOperatingCapitalNet -45.00M CAD 1 Quarter
All other items - net IncreaseDecreaseInOtherOperatingCapitalNet 16.00M CAD 1 Quarter
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities 959.00M CAD 1 Quarter
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities 1.05B CAD 1 Quarter
Additions to property, plant and equipment PaymentsToAcquireProductiveAssets 1.15B CAD 1 Quarter
Additions to property, plant and equipment PaymentsToAcquireProductiveAssets 822.00M CAD 1 Quarter
Proceeds from asset sales ProceedsFromSalesOfAssets 14.00M CAD 1 Quarter
Proceeds from asset sales ProceedsFromSalesOfAssets 78.00M CAD 1 Quarter
Repayment of loan from equity company ProceedsFromPaymentsForLongTermLoansForRelatedParties 2.00M CAD 1 Quarter
Repayment of loan from equity company ProceedsFromPaymentsForLongTermLoansForRelatedParties 3.00M CAD 1 Quarter
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities -806.00M CAD 1 Quarter
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities -1.06B CAD 1 Quarter
Reduction in capitalized lease obligations RepaymentsOfLongTermCapitalLeaseObligations 1.00M CAD 1 Quarter
Reduction in capitalized lease obligations RepaymentsOfLongTermCapitalLeaseObligations 1.00M CAD 1 Quarter
Issuance of common shares under stock option plan ProceedsFromStockOptionsExercised 22.00M CAD 1 Quarter
Issuance of common shares under stock option plan ProceedsFromStockOptionsExercised 11.00M CAD 1 Quarter
Common shares purchased PaymentsForRepurchaseOfCommonStock 36.00M CAD 1 Quarter
Common shares purchased PaymentsForRepurchaseOfCommonStock 68.00M CAD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock 93.00M CAD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock 93.00M CAD 1 Quarter
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities -140.00M CAD 1 Quarter
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities -119.00M CAD 1 Quarter
INCREASE (DECREASE) IN CASH CashAndCashEquivalentsPeriodIncreaseDecrease 34.00M CAD 1 Quarter
INCREASE (DECREASE) IN CASH CashAndCashEquivalentsPeriodIncreaseDecrease -157.00M CAD 1 Quarter
CASH AT BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue 1.04B CAD Point-in-time
CASH AT BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue 267.00M CAD Point-in-time
CASH AT BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue 301.00M CAD Point-in-time
CASH AT BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue 1.20B CAD Point-in-time
CASH AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue 1.04B CAD Point-in-time
CASH AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue 267.00M CAD Point-in-time
CASH AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue 301.00M CAD Point-in-time
CASH AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue 1.20B CAD Point-in-time
Comprehensive Income 10 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss 1.01B CAD 1 Quarter
Net income NetIncomeLoss 781.00M CAD 1 Quarter
Post-retirement benefit liability adjustment (excluding amortization) OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax -117.00M CAD 1 Quarter
Post-retirement benefit liability adjustment (excluding amortization) OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax -108.00M CAD 1 Quarter
Amortization of post-retirement benefit liability adjustment included in net periodic benefit costs OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostRecognizedInNetPeriodicPensionCostNetOfTax -33.00M CAD 1 Quarter
Amortization of post-retirement benefit liability adjustment included in net periodic benefit costs OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostRecognizedInNetPeriodicPensionCostNetOfTax -48.00M CAD 1 Quarter
Total other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent -69.00M CAD 1 Quarter
Total other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent -75.00M CAD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax 706.00M CAD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax 946.00M CAD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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