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10-Q Filing

IMPERIAL OIL LTD CIK: 49938 Q1 2015
Filing Information
Form Type 10-Q
Accession Number 0001193125-15-173886
Period End Date 20150331
Filing Date 20150506
Fiscal Year 2015
Fiscal Period Q1
XBRL Instance imo-20150331.xml
Filing Contents
Balance Sheet 65 line items
Line Item Tag Value Unit Period
Cash CashAndCashEquivalentsAtCarryingValue 272.00M CAD Point-in-time
Cash CashAndCashEquivalentsAtCarryingValue 60.00M CAD Point-in-time
Cash CashAndCashEquivalentsAtCarryingValue 102.00M CAD Point-in-time
Cash CashAndCashEquivalentsAtCarryingValue 215.00M CAD Point-in-time
Accounts receivable, less estimated doubtful accounts ReceivablesNetCurrent 1.54B CAD Point-in-time
Accounts receivable, less estimated doubtful accounts ReceivablesNetCurrent 1.75B CAD Point-in-time
Due to related parties, current DueToRelatedPartiesCurrent 75.00M CAD Point-in-time
Inventories of crude oil and products InventoryFinishedGoodsAndWorkInProcess 1.05B CAD Point-in-time
Due to related parties, current DueToRelatedPartiesCurrent 75.00M CAD Point-in-time
Inventories of crude oil and products InventoryFinishedGoodsAndWorkInProcess 1.12B CAD Point-in-time
Materials, supplies and prepaid expenses MaterialsSuppliesAndPrepaidExpenses 466.00M CAD Point-in-time
Amounts (payable) receivable from related parties RelatedPartyTransactionDueFromToRelatedPartyCurrent -174.00M CAD Point-in-time
Materials, supplies and prepaid expenses MaterialsSuppliesAndPrepaidExpenses 380.00M CAD Point-in-time
Amounts (payable) receivable from related parties RelatedPartyTransactionDueFromToRelatedPartyCurrent 54.00M CAD Point-in-time
Deferred income tax assets DeferredTaxAssetsNetCurrent 267.00M CAD Point-in-time
Deferred income tax assets DeferredTaxAssetsNetCurrent 314.00M CAD Point-in-time
Total current assets AssetsCurrent 3.60B CAD Point-in-time
Total current assets AssetsCurrent 3.57B CAD Point-in-time
Common shares authorized CommonStockSharesAuthorized 1.10B shares Point-in-time
Common shares authorized CommonStockSharesAuthorized 1.10B shares Point-in-time
Long-term receivables, investments and other long-term assets LongTermInvestmentsAndReceivablesNet 1.41B CAD Point-in-time
Common shares outstanding CommonStockSharesOutstanding 848.00M shares Point-in-time
Common shares outstanding CommonStockSharesOutstanding 848.00M shares Point-in-time
Long-term receivables, investments and other long-term assets LongTermInvestmentsAndReceivablesNet 1.47B CAD Point-in-time
Property, plant and equipment, PropertyPlantAndEquipmentGross 50.91B CAD Point-in-time
Property, plant and equipment, PropertyPlantAndEquipmentGross 51.82B CAD Point-in-time
less accumulated depreciation and depletion AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment 15.34B CAD Point-in-time
less accumulated depreciation and depletion AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment 15.56B CAD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet 36.26B CAD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet 35.57B CAD Point-in-time
Goodwill Goodwill 224.00M CAD Point-in-time
Goodwill Goodwill 224.00M CAD Point-in-time
Other intangible assets, net FiniteLivedIntangibleAssetsNet 57.00M CAD Point-in-time
Other intangible assets, net FiniteLivedIntangibleAssetsNet 61.00M CAD Point-in-time
TOTAL ASSETS Assets 40.83B CAD Point-in-time
TOTAL ASSETS Assets 41.61B CAD Point-in-time
TOTAL ASSETS Assets 38.74B CAD Point-in-time
Notes and loans payable DebtCurrent 1.98B CAD Point-in-time
Notes and loans payable DebtCurrent 1.94B CAD Point-in-time
Accounts payable and accrued liabilities (note 7) AccountsPayableAndAccruedLiabilitiesCurrent 3.97B CAD Point-in-time
Accounts payable and accrued liabilities (note 7) AccountsPayableAndAccruedLiabilitiesCurrent 3.58B CAD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent 218.00M CAD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent 34.00M CAD Point-in-time
Total current liabilities LiabilitiesCurrent 5.74B CAD Point-in-time
Total current liabilities LiabilitiesCurrent 5.98B CAD Point-in-time
Long-term debt (note 6) LongTermDebtAndCapitalLeaseObligations 4.91B CAD Point-in-time
Long-term debt (note 6) LongTermDebtAndCapitalLeaseObligations 5.61B CAD Point-in-time
Other long-term obligations (note 7) OtherLiabilitiesNoncurrent 3.78B CAD Point-in-time
Other long-term obligations (note 7) OtherLiabilitiesNoncurrent 3.56B CAD Point-in-time
Deferred income tax liabilities DeferredTaxLiabilitiesNoncurrent 3.77B CAD Point-in-time
Deferred income tax liabilities DeferredTaxLiabilitiesNoncurrent 3.84B CAD Point-in-time
TOTAL LIABILITIES Liabilities 18.30B CAD Point-in-time
TOTAL LIABILITIES Liabilities 18.90B CAD Point-in-time
Common shares at stated value CommonStockValue 1.57B CAD Point-in-time
Common shares at stated value CommonStockValue 1.57B CAD Point-in-time
Earnings reinvested RetainedEarningsAccumulatedDeficit 23.33B CAD Point-in-time
Earnings reinvested RetainedEarningsAccumulatedDeficit 23.02B CAD Point-in-time
Accumulated other comprehensive income (note 9) AccumulatedOtherComprehensiveIncomeLossNetOfTax -2.06B CAD Point-in-time
Accumulated other comprehensive income (note 9) AccumulatedOtherComprehensiveIncomeLossNetOfTax -2.19B CAD Point-in-time
Accumulated other comprehensive income (note 9) AccumulatedOtherComprehensiveIncomeLossNetOfTax -1.72B CAD Point-in-time
Accumulated other comprehensive income (note 9) AccumulatedOtherComprehensiveIncomeLossNetOfTax -1.72B CAD Point-in-time
TOTAL SHAREHOLDERS' EQUITY StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 22.71B CAD Point-in-time
TOTAL SHAREHOLDERS' EQUITY StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 22.53B CAD Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY LiabilitiesAndStockholdersEquity 41.61B CAD Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY LiabilitiesAndStockholdersEquity 40.83B CAD Point-in-time
Income Statement 42 line items
Line Item Tag Value Unit Period
Federal excise tax included in operating revenues FederalExciseTax 377.00M CAD 1 Quarter
Federal excise tax included in operating revenues FederalExciseTax 370.00M CAD 1 Quarter
Operating revenues OperatingRevenuesIncludingFederalExciseTax 9.20B CAD 1 Quarter
Amounts from related parties included in operating revenues RevenueFromRelatedParties 638.00M CAD 1 Quarter
Amounts from related parties included in operating revenues RevenueFromRelatedParties 816.00M CAD 1 Quarter
Operating revenues OperatingRevenuesIncludingFederalExciseTax 6.17B CAD 1 Quarter
Amounts to related parties included in purchases of crude oil and products CrudeOilAndProductPurchasesRelatedParties 686.00M CAD 1 Quarter
Amounts to related parties included in purchases of crude oil and products CrudeOilAndProductPurchasesRelatedParties 770.00M CAD 1 Quarter
Investment and other income (note 3) OtherIncome 29.00M CAD 1 Quarter
Investment and other income (note 3) OtherIncome 33.00M CAD 1 Quarter
TOTAL REVENUES AND OTHER INCOME TotalRevenuesAndOtherIncome 6.20B CAD 1 Quarter
Amounts to related parties included in production and manufacturing expenses ProductionAndManufacturingExpensesRelatedParties 86.00M CAD 1 Quarter
Amounts to related parties included in production and manufacturing expenses ProductionAndManufacturingExpensesRelatedParties 102.00M CAD 1 Quarter
TOTAL REVENUES AND OTHER INCOME TotalRevenuesAndOtherIncome 9.23B CAD 1 Quarter
Exploration ExplorationExpense 21.00M CAD 1 Quarter
Exploration ExplorationExpense 17.00M CAD 1 Quarter
Purchases of crude oil and products CrudeOilAndProductPurchases 5.54B CAD 1 Quarter
Purchases of crude oil and products CrudeOilAndProductPurchases 3.31B CAD 1 Quarter
Production and manufacturing ProductionAndManufacturingExpenses 1.36B CAD 1 Quarter
Production and manufacturing ProductionAndManufacturingExpenses 1.48B CAD 1 Quarter
Selling and general SellingGeneralAndAdministrativeExpense 264.00M CAD 1 Quarter
Selling and general SellingGeneralAndAdministrativeExpense 275.00M CAD 1 Quarter
Federal excise tax FederalExciseTax 377.00M CAD 1 Quarter
Federal excise tax FederalExciseTax 370.00M CAD 1 Quarter
Depreciation and depletion DepreciationDepletionAndAmortization 280.00M CAD 1 Quarter
Depreciation and depletion DepreciationDepletionAndAmortization 317.00M CAD 1 Quarter
Financing costs (note 5) InterestExpense 2.00M CAD 1 Quarter
Financing costs (note 5) InterestExpense 3.00M CAD 1 Quarter
TOTAL EXPENSES CostsAndExpenses 5.64B CAD 1 Quarter
TOTAL EXPENSES CostsAndExpenses 7.97B CAD 1 Quarter
INCOME BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 561.00M CAD 1 Quarter
INCOME BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 1.26B CAD 1 Quarter
INCOME TAXES IncomeTaxExpenseBenefit 140.00M CAD 1 Quarter
INCOME TAXES IncomeTaxExpenseBenefit 314.00M CAD 1 Quarter
NET INCOME NetIncomeLoss 421.00M CAD 1 Quarter
NET INCOME NetIncomeLoss 946.00M CAD 1 Quarter
Net income per common share - basic (note 8) EarningsPerShareBasic 1.12 CAD 1 Quarter
Net income per common share - basic (note 8) EarningsPerShareBasic 0.50 CAD 1 Quarter
Net income per common share - diluted (note 8) EarningsPerShareDiluted 1.11 CAD 1 Quarter
Net income per common share - diluted (note 8) EarningsPerShareDiluted 0.50 CAD 1 Quarter
Dividends per common share CommonStockDividendsPerShareDeclared 0.13 CAD 1 Quarter
Dividends per common share CommonStockDividendsPerShareDeclared 0.13 CAD 1 Quarter
Cash Flow Statement 49 line items
Line Item Tag Value Unit Period
Included contribution to registered pension plans PensionContributions 76.00M CAD 1 Quarter
Included contribution to registered pension plans PensionContributions 63.00M CAD 1 Quarter
NET INCOME NetIncomeLoss 421.00M CAD 1 Quarter
Deposit for a potential asset sale ProceedsFromSecurityDeposits 50.00M CAD 1 Quarter
NET INCOME NetIncomeLoss 946.00M CAD 1 Quarter
Depreciation and depletion DepreciationDepletionAndAmortization 280.00M CAD 1 Quarter
Depreciation and depletion DepreciationDepletionAndAmortization 317.00M CAD 1 Quarter
(Gain)/loss on asset sales (note 3) GainLossOnDispositionOfAssets1 26.00M CAD 1 Quarter
(Gain)/loss on asset sales (note 3) GainLossOnDispositionOfAssets1 20.00M CAD 1 Quarter
Deferred income taxes and other DeferredIncomeTaxesAndOther 5.00M CAD 1 Quarter
Deferred income taxes and other DeferredIncomeTaxesAndOther 18.00M CAD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable 213.00M CAD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable 654.00M CAD 1 Quarter
Inventories, materials, supplies and prepaid expenses IncreaseDecreaseInInventoriesMaterialsAndSuppliesAndPrepaidExpenses 28.00M CAD 1 Quarter
Inventories, materials, supplies and prepaid expenses IncreaseDecreaseInInventoriesMaterialsAndSuppliesAndPrepaidExpenses 15.00M CAD 1 Quarter
Income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable 92.00M CAD 1 Quarter
Income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable 184.00M CAD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities -386.00M CAD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 435.00M CAD 1 Quarter
All other items - net IncreaseDecreaseInOtherOperatingCapitalNet -29.00M CAD 1 Quarter
All other items - net IncreaseDecreaseInOtherOperatingCapitalNet 19.00M CAD 1 Quarter
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 281.00M CAD 1 Quarter
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 1.08B CAD 1 Quarter
Additions to property, plant and equipment PaymentsToAcquireProductiveAssets 1.01B CAD 1 Quarter
Additions to property, plant and equipment PaymentsToAcquireProductiveAssets 1.21B CAD 1 Quarter
Proceeds associated with asset sales ProceedsFromSaleOfPropertyPlantAndEquipment 25.00M CAD 1 Quarter
Proceeds associated with asset sales ProceedsFromSaleOfPropertyPlantAndEquipment 75.00M CAD 1 Quarter
Additional investments PaymentsToAcquireInvestments 12.00M CAD 1 Quarter
Additional investments PaymentsToAcquireInvestments 16.00M CAD 1 Quarter
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivitiesContinuingOperations -1.00B CAD 1 Quarter
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivitiesContinuingOperations -1.14B CAD 1 Quarter
Short-term debt - net ProceedsFromRepaymentsOfShortTermDebt -39.00M CAD 1 Quarter
Long-term debt issued ProceedsFromIssuanceOfLongTermDebt 717.00M CAD 1 Quarter
Reduction in capitalized lease obligations RepaymentsOfLongTermCapitalLeaseObligations 2.00M CAD 1 Quarter
Reduction in capitalized lease obligations RepaymentsOfLongTermCapitalLeaseObligations 2.00M CAD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock 110.00M CAD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock 110.00M CAD 1 Quarter
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivitiesContinuingOperations -112.00M CAD 1 Quarter
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 566.00M CAD 1 Quarter
INCREASE (DECREASE) IN CASH CashAndCashEquivalentsPeriodIncreaseDecrease -155.00M CAD 1 Quarter
INCREASE (DECREASE) IN CASH CashAndCashEquivalentsPeriodIncreaseDecrease -170.00M CAD 1 Quarter
CASH AT BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue 272.00M CAD Point-in-time
CASH AT BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue 60.00M CAD Point-in-time
CASH AT BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue 102.00M CAD Point-in-time
CASH AT BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue 215.00M CAD Point-in-time
CASH AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue 272.00M CAD Point-in-time
CASH AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue 60.00M CAD Point-in-time
CASH AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue 102.00M CAD Point-in-time
CASH AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue 215.00M CAD Point-in-time
Comprehensive Income 9 line items
Line Item Tag Value Unit Period
NET INCOME NetIncomeLoss 421.00M CAD 1 Quarter
NET INCOME NetIncomeLoss 946.00M CAD 1 Quarter
Post-retirement benefit liability adjustment (excluding amortization) OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax -176.00M CAD 1 Quarter
Post-retirement benefit liability adjustment (excluding amortization) OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax -38.00M CAD 1 Quarter
Amortization of post-retirement benefit liability adjustment included in net periodic benefit costs OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax 38.00M CAD 1 Quarter
Amortization of post-retirement benefit liability adjustment included in net periodic benefit costs OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax 42.00M CAD 1 Quarter
Total other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent -134.00M CAD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax 287.00M 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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