Petrobras - Petroleo Brasileiro SA 6-K, filed Jul 29, 2022

Petrobras - Petroleo Brasileiro SA (PBR)

6-K 2022-07-29 For: 2022-06-30

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Added on April 12, 2026

About this 6-K

Petrobras - Petroleo Brasileiro SA filed this 6-K on July 29, 2022.

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Parent Company Interim Accounting Information / Statement of Financial Position - Assets	3
Parent Company Interim Accounting Information / Statement of Financial Position - Liabilities	4
Parent Company Interim Accounting Information / Statement of Income	5
Parent Company Interim Accounting Information / Statement of Comprehensive Income	6
Parent Company Interim Accounting Information / Statement of Changes in Shareholders’ Equity - 01/01/2022 to 06/30/2022	7
Parent Company Interim Accounting Information / Statement of Changes in Shareholders’ Equity - 01/01/2021 to 06/30/2021	8
Parent Company Interim Accounting Information / Statement of Cash Flows – Indirect Method	9
Parent Company Interim Accounting Information / Statement of Added Value	10
Consolidated Interim Accounting Information / Statement of Financial Position - Assets	11
Consolidated Interim Accounting Information / Statement of Financial Position - Liabilities	12
Consolidated Interim Accounting Information / Statement of Income	13
Consolidated Interim Accounting Information / Statement of Comprehensive Income	14
Consolidated Interim Accounting Information / Statement of Changes in Shareholders’ Equity - 01/01/2022 to 06/30/2022	15
Consolidated Interim Accounting Information / Statement of Changes in Shareholders’ Equity - 01/01/2021 to 06/30/2021	16
Consolidated Interim Accounting Information / Statement of Cash Flows – Indirect Method (R$ Thousand)	17
Consolidated Interim Accounting Information / Statement of Added Value	18
1. Basis of preparation	19
2. Summary of significant accounting policies	19
3. Cash and cash equivalents and Marketable securities	19
4. Sales revenues	21
5. Costs and expenses by nature	21
6. Other income and expenses	22
7. Net finance income (expense)	22
8. Net income by operating segment	23
9. Trade and other receivables	25
10. Inventories	26
11. Taxes	27
12. Employee benefits	29
13. Provisions for legal proceedings	34
14. Provision for decommissioning costs	37
15. Property, plant and equipment	38
16 Intangible assets	40
17 Impairment	42
18 Exploration and evaluation of oil and gas reserves	43
19 Collateral for crude oil exploration concession agreements	44
20 Investments	44
21 Assets by operating segment	45
22 Disposal of assets and other changes in organizational structure	45
23 Finance debt	49
24 Lease liabilities	52
25 Equity	53
26 Fair value of financial assets and liabilities	55
27 Risk management	55
28 Related-party transactions	60
29 Supplemental information on statement of cash flows	63
30 Subsequent events	63
31. Correlation between the explanatory notes of December 31, 2021 and the ones of June 30, 2022	66
Statement of Directors on Interim Accounting Information and Report on the Review of Quarterly Information	67
Independent Auditors' Report	67

Account Code	Account Description	06.30.2022	12.31.2021
1	Total Assets	1,257,122,000	1,248,196,000
1.01	Current Assets	211,355,000	170,555,000
1.01.01	Cash and Cash Equivalents	2,554,000	2,930,000
1.01.02	Marketable Securities	3,856,000	3,630,000
1.01.03	Trade and Other Receivables	113,027,000	100,110,000
1.01.04	Inventories	44,553,000	33,906,000
1.01.06	Recoverable Taxes	5,957,000	6,368,000
1.01.06.01	Current Recoverable Taxes	5,957,000	6,368,000
1.01.06.01.01	Recoverable Income Taxes	567,000	526,000
1.01.06.01.02	Other Recoverable Taxes	5,390,000	5,842,000
1.01.08	Other Current Assets	41,408,000	23,611,000
1.01.08.01	Non-Current Assets Held for Sale	29,067,000	13,142,000
1.01.08.03	Others	12,341,000	10,469,000
1.01.08.03.03	Others	12,341,000	10,469,000
1.02	Non-Current Assets	1,045,767,000	1,077,641,000
1.02.01	Long-Term Receivables	80,708,000	73,779,000
1.02.01.03	Marketable Securities Measured at Amortized Cost	257,000	247,000
1.02.01.04	Trade and Other Receivables	8,762,000	8,450,000
1.02.01.07	Deferred Taxes	18,660,000	17,845,000
1.02.01.07.02	Deferred Taxes and Contributions	18,660,000	17,845,000
1.02.01.10	Other Non-Current Assets	53,029,000	47,237,000
1.02.01.10.04	Judicial Deposits	50,463,000	44,543,000
1.02.01.10.05	Other Assets	2,566,000	2,694,000
1.02.02	Investments	264,052,000	269,825,000
1.02.03	Property, Plant and Equipment	684,117,000	717,355,000
1.02.04	Intangible Assets	16,890,000	16,682,000

Account Code	Account Description	06.30.2022	12.31.2021
2	Total Liabilities	1,257,122,000	1,248,196,000
2.01	Current Liabilities	301,107,000	269,989,000
2.01.01	Payroll, Profit Sharing and Related Charges	6,216,000	7,655,000
2.01.02	Trade Payables	31,690,000	32,734,000
2.01.03	Taxes Obligations	7,952,000	3,599,000
2.01.03.01	Federal Taxes Obligations	7,952,000	3,599,000
2.01.03.01.01	Income Tax and Social Contribution Payable	7,952,000	3,599,000
2.01.04	Current Debt and Finance Lease Obligations	181,866,000	187,005,000
2.01.04.01	Current Debt	153,523,000	155,461,000
2.01.04.03	Lease Obligations	28,343,000	31,544,000
2.01.05	Other Liabilities	60,304,000	30,767,000
2.01.05.02	Others	60,304,000	30,767,000
2.01.05.02.01	Dividends and Interest on Capital Payable	24,233,000	0
2.01.05.02.04	Other Taxes Payable	19,389,000	22,022,000
2.01.05.02.06	Other liabilities	16,682,000	8,745,000
2.01.06	Provisions	3,696,000	3,578,000
2.01.06.02	Other Provisions	3,696,000	3,578,000
2.01.06.02.04	Pension and Medical Benefits	3,696,000	3,578,000
2.01.07	Liabilities Associated with Non-Current Assets Held for Sale and Discontinued	9,383,000	4,651,000
2.01.07.01	Liabilities Associated with Non-Current Assets Held for Sale	9,383,000	4,651,000
2.02	Non-Current Liabilities	545,470,000	590,878,000
2.02.01	Non-Current Debt and Finance Lease Obligations	351,462,000	413,637,000
2.02.01.01	Non-Current Debt	253,443,000	306,944,000
2.02.01.03	Lease Obligations	98,019,000	106,693,000
2.02.02	Other Liabilities	1,585,000	1,637,000
2.02.02.02	Others	1,585,000	1,637,000
2.02.02.02.03	Income Tax and Social Contribution	1,585,000	1,637,000
2.02.03	Deferred Taxes	44,146,000	14,807,000
2.02.03.01	Deferred Taxes	44,146,000	14,807,000
2.02.04	Provisions	148,277,000	160,797,000
2.02.04.01	Provisions for Tax Social Security, Labor and Civil Lawsuits	11,990,000	10,382,000
2.02.04.02	Other Provisions	136,287,000	150,415,000
2.02.04.02.04	Pension and Medical Benefits	45,082,000	50,773,000
2.02.04.02.05	Provision for Decommissioning Costs	80,567,000	86,713,000
2.02.04.02.06	Employee Benefits	532,000	803,000
2.02.04.02.07	Other liabilities	10,106,000	12,126,000
2.03	Shareholders' Equity	410,545,000	387,329,000
2.03.01	Share Capital	205,432,000	205,432,000
2.03.02	Capital Reserves	3,318,000	3,313,000
2.03.04	Profit Reserves	177,039,000	164,028,000
2.03.08	Other Comprehensive Income	24,756,000	14,556,000

Account Code	Account Description	Accumulated of the Current Quarter 04/01/2022 to 06/30/2022	Accumulated of the Current Year 01/01/2022 to 06/30/2022	Accumulated of the Previous Quarter 04/01/2021 to 06/30/2021	Accumulated of the Previous Year 01/01/2021 to 06/30/2021
3.01	Sales Revenues	162,738,000	297,186,000	106,044,000	194,860,000
3.02	Cost of Sales	-71,069,000	-136,906,000	-54,170,000	-100,200,000
3.03	Gross Profit	91,669,000	160,280,000	51,874,000	94,660,000
3.04	Operating Expenses / Income	5,689,000	2,579,000	-3,858,000	-11,710,000
3.04.01	Selling Expenses	-7,121,000	-13,638,000	-6,116,000	-11,531,000
3.04.02	General and Administrative Expenses	-1,277,000	-2,519,000	-1,048,000	-2,268,000
3.04.05	Other Operating Expenses	8,842,000	6,278,000	-3,021,000	-7,133,000
3.04.05.01	Other Taxes	-396,000	-667,000	-194,000	-662,000
3.04.05.02	Research and Development Expenses	-1,080,000	-2,161,000	-775,000	-1,414,000
3.04.05.03	Exploration Costs	73,000	-333,000	-999,000	-2,192,000
3.04.05.05	Other Operating Expenses, Net	11,052,000	10,236,000	-556,000	-1,679,000
3.04.05.07	Impairment of Assets / Reversals (Charges)	-807,000	-797,000	-497,000	-1,186,000
3.04.06	Share of Profit / Gains on Interest in Equity-Accounted Investments	5,245,000	12,458,000	6,327,000	9,222,000
3.05	Net Income Before Financial Results and Income Taxes	97,358,000	162,859,000	48,016,000	82,950,000
3.06	Finance Income (Expenses), Net	-18,180,000	-16,819,000	13,927,000	-18,549,000
3.06.01	Finance Income	3,123,000	4,754,000	722,000	1,189,000
3.06.01.01	Finance Income	3,123,000	4,754,000	722,000	1,189,000
3.06.02	Finance Expenses	-21,303,000	-21,573,000	13,205,000	-19,738,000
3.06.02.01	Finance Expenses	-6,694,000	-13,435,000	-7,535,000	-15,190,000
3.06.02.02	Foreign Exchange and Inflation Indexation Charges, Net	-14,609,000	-8,138,000	20,740,000	-4,548,000
3.07	Net Income Before Income Taxes	79,178,000	146,040,000	61,943,000	64,401,000
3.08	Income Tax and Social Contribution	-24,848,000	-47,149,000	-19,088,000	-20,379,000
3.08.01	Current	-24,639,000	-37,153,000	0	0
3.08.02	Deferred	-209,000	-9,996,000	-19,088,000	-20,379,000
3.09	Net Income from Continuing Operations	54,330,000	98,891,000	42,855,000	44,022,000
3.11	Income / (Loss) for the Period	54,330,000	98,891,000	42,855,000	44,022,000
3.99.01	Income per Share
3.99.01.01	Ordinary Shares	4,16	7,58	3,28	3,37
3.99.01.02	Preferred Shares	4,16	7,58	3,28	3,37
3.99.02	Diluted Income per Share
3.99.02.01	Ordinary Shares	4,16	7,58	3,28	3,37
3.99.02.02	Preferred Shares	4,16	7,58	3,28	3,37

Account Code	Account Description	Accumulated of the Current Quarter 04/01/2022 to 06/30/2022	Accumulated of the Current Year 01/01/2022 to 06/30/2022	Accumulated of the Previous Quarter 04/01/2021 to 06/30/2021	Accumulated of the Previous Year 01/01/2021 to 06/30/2021
4.01	Net Income for the Period	54,330,000	98,891,000	42,855,000	44,022,000
4.02	Other Comprehensive Income	7,896,000	10,200,000	5,663,000	13,197,000
4.02.01	Actuarial Gains / (Losses) on Defined Benefits Plans	0	0	8,654,000	8,654,000
4.02.02	Deferred Income Tax and Social Contribution on Actuarial Gains / (Losses) on Defined Benefits Plans	0	0	-2,942,000	-2,942,000
4.02.03	Translation Adjustments in Investees	26,222,000	-17,074,000	-33,773,000	-9,488,000
4.02.07	Unrealized Gains / (Losses) on Cash Flow Hedge - Recognized in Shareholders' Equity	-32,407,000	27,501,000	42,714,000	12,193,000
4.02.08	Unrealized Gains / (Losses) on Cash Flow Hedge - Reclassified to Profit and Loss	5,155,000	12,376,000	6,331,000	12,234,000
4.02.09	Deferred Income Tax and Social Contribution on Cash Flow Hedge	9,266,000	-13,558,000	-16,675,000	-8,305,000
4.02.10	Share of Other Comprehensive Income of Equity-Accounted Investments	-340,000	955,000	1,354,000	851,000
4.03	Total Comprehensive Income for the Period	62,226,000	109,091,000	48,518,000	57,219,000

Account Code	Account Description	Share Capital	Capital Reserves, Granted Options and Treasury Shares	Profit Reserves	Retained Earnings / Accumulated Losses	Other Comprehensive Income	Shareholders' Equity
5.01	Balance at the Beginning of the Period	205,432,000	3,313,000	164,028,000	0	14,556,000	387,329,000
5.03	Adjusted Opening Balance	205,432,000	3,313,000	164,028,000	0	14,556,000	387,329,000
5.04	Capital Transactions with Owners	0	5,000	-44,842,000	-41,038,000	0	-85,875,000
5.04.06	Dividends	0	0	-44,842,000	-41,038,000	0	-85,880,000
5.04.08	Change in Interest in Subsidiaries	0	5,000	0	0	0	5,000
5.05	Total of Comprehensive Income	0	0	0	98,891,000	10,200,000	109,091,000
5.05.01	Net Income for the Period	0	0	0	98,891,000	0	98,891,000
5.05.02	Other Comprehensive Income	0	0	0	0	10,200,000	10,200,000
5.07	Balance at the End of the Period	205,432,000	3,318,000	119,186,000	57,853,000	24,756,000	410,545,000

	Consolidated
	06.30.2022	12.31.2021
Cash at bank and in hand	1,212	1,666
Short-term financial investments
- In Brazil
Brazilian interbank deposit rate investment funds and other short-term deposits	31,807	10,885
Other investment funds	1,073	911
	32,880	11,796
- Abroad
Time deposits	32,448	24,050
Automatic investing accounts and interest checking accounts	18,620	20,826
Other financial investments	151	72
	51,219	44,948
Total short-term financial investments	84,099	56,744
Total cash and cash equivalents	85,311	58,410

		Consolidated
	2022		2021
	Apr-Jun	Jan-Jun	Apr-Jun	Jan-Jun
Gross sales	201,389	373,772	136,888	245,025
Sales taxes (*)	(30,429)	(61,171)	(26,178)	(48,141)
Sales revenues	170,960	312,601	110,710	196,884
Diesel	52,603	91,478	32,100	57,261
Gasoline	21,187	40,591	14,439	25,507
Liquefied petroleum gas	7,074	13,246	5,908	10,926
Jet fuel	6,899	12,075	2,107	4,435
Naphtha	3,555	6,737	1,889	3,701
Fuel oil (including bunker fuel)	1,734	3,645	2,027	3,856
Other oil products	7,949	14,599	5,319	10,134
Subtotal oil products	101,001	182,371	63,789	115,820
Natural gas	9,649	18,677	7,007	12,685
Crude oil	13,251	22,398	−	290
Nitrogen products and renewables	466	809	47	121
Breakage	834	1,373	500	865
Electricity	534	2,087	3,092	6,062
Services, agency and others	1,508	2,747	900	1,776
Domestic market	127,243	230,462	75,335	137,619
Exports	40,401	75,511	33,567	56,367
Crude oil	27,589	52,632	24,759	40,221
Fuel oil (including bunker fuel)	11,224	21,089	6,683	13,281
Other oil products and other products	1,588	1,790	2,125	2,865
Sales abroad ^()**	3,316	6,628	1,808	2,898
Foreign Market	43,717	82,139	35,375	59,265
Sales revenues	170,960	312,601	110,710	196,884
(*) Includes, mainly, CIDE, PIS, COFINS and ICMS (VAT).
(**) Sales revenues from operations outside of Brazil, including trading and excluding exports.

	Exploration and Production	Refining, Transportation & Marketing	Gas & Power	Corporate and other business	Eliminations	Total
Sales revenues	108,041	157,429	18,390	743	(113,643)	170,960
Intersegments	106,229	2,449	4,971	(6)	(113,643)	−
Third parties	1,812	154,980	13,419	749	−	170,960
Cost of sales	(40,228)	(131,897)	(11,677)	(729)	109,432	(75,099)
Gross profit	67,813	25,532	6,713	14	(4,211)	95,861
Expenses	12,551	(4,163)	(4,008)	(3,732)	(21)	627
Selling	(19)	(2,267)	(3,815)	(14)	(21)	(6,136)
General and administrative	(61)	(208)	(85)	(1,235)	−	(1,589)
Exploration costs	(196)	−	−	−	−	(196)
Research and development	(939)	(10)	(3)	(128)	−	(1,080)
Other taxes	(117)	(90)	(42)	(206)	−	(455)
Impairment	(625)	(222)	−	−	−	(847)
Other income and expenses	14,508	(1,366)	(63)	(2,149)	−	10,930
Net income (loss) before financial results and income taxes	80,364	21,369	2,705	(3,718)	(4,232)	96,488
Net finance income (expenses)	−	−	−	(15,757)	−	(15,757)
Results in equity-accounted investments	282	(474)	143	(5)	−	(54)
Net Income (loss) before income taxes	80,646	20,895	2,848	(19,480)	(4,232)	80,677
Income taxes	(27,324)	(7,266)	(919)	7,877	1,439	(26,193)
Net income (loss) of the period	53,322	13,629	1,929	(11,603)	(2,793)	54,484
Attributable to:
Shareholders of Petrobras	53,327	13,629	1,796	(11,629)	(2,793)	54,330
Non-controlling interests	(5)	−	133	26	−	154
	53,322	13,629	1,929	(11,603)	(2,793)	54,484

	Exploration and Production	Refining, Transportation & Marketing	Gas & Power	Corporate and other business	Total
Apr-Jun/2022	13,701	2,662	481	152	16,996
Apr-Jun/2021	11,301	2,817	571	239	14,928

	Exploration and Production	Refining, Transportation & Marketing	Gas & Power	Corporate and other business	Total
Jan-Jun/2022	26,642	5,653	1,043	262	33,600
Jan-Jun/2021	23,173	5,767	1,153	465	30,558

	Consolidated
	2022 Jan-Jun	2021 Jan-Jun
Opening balance	8,083	8,293
Additions	370	225
Reversals	(196)	(402)
Write-offs	(104)	(4)
Cumulative translation adjustment	(233)	(142)
Closing balance	7,920	7,970
Current	994	994
Non-current	6,926	6,976

Nature	Basis for realization	06.30.2022	12.31.2021
Property, plant and equipment - Cost of prospecting and dismantling areas	Depreciation, Amortization and Write-off of Assets	(4,089)	(7,601)
Property, plant and equipment - Impairment	Amortization, Write-off of Assets and Impairment Reversal	24,322	24,455
Property, plant and equipment – Depreciation, accelerated and linear x unit produced and capitalized charges	Depreciation, Amortization and Write-off of Assets	(80,983)	(72,123)
Loans, accounts receivable / payable and financing	Payments, Receipts and Consideration	7,428	19,475
Leases	Appropriation of consideration	3,085	6,942
Provision for lawsuits	Payment and reversal of the provision	3,963	3,378
Tax losses	Compensation of 30% of taxable income	3,369	10,193
Inventories	Sale, Write-Off and Loss	1,782	1,271
Employee benefits, mainly pension plan	Payment and reversal of the provision	6,369	6,976
Others		1,508	3,548
Total		(33.246)	(3.486)
Deferred income taxes – assets		2,869	3,371
Deferred income taxes – liabilities (*)		(36,115)	(6,857)
(*) The balance of deferred tax liabilities increased in the period, mainly due to the offsetting of tax losses and negative basis of social contribution, use of the benefit of accelerated tax depreciation and the appreciation of the real against the dollar.

	Consolidated
	Jan-Jun 2022	Jan-Jun 2021
Opening Balance	1,950	4,678
Effects in the statement of income	29	(43)
Enrollments	25	141
Revision of provisions	4	(184)
Effect in cash and cash equivalents	(805)	(667)
Use due to termination	(805)	(667)
Saldo final	1,174	3,968
Current	647	3,425
Non Current	527	543


	PPSP-R (*)	PPSP-NR (*)
Accumulated deficit according to CNPC – Petros Foundation	7,746	776
Financial assumptions (interest rate and inflation)	(6,252)	(2,033)
Ordinary and extraordinary sponsor contributions	12,223	3,636
Changes in value of plan assets (**)	8,074	3,029
Others (calculation methodology, etc.)	808	1,115
Net actuarial liability according to CVM - Sponsor Company	22,599	6,523

	Consolidated

	Pension plans			Health Care Plan	Other plans
	PPSP-R (*)	PPSP-NR (*)	PP2	AMS - Saúde Petrobras		Total
Balance on December 31, 2021	22,599	6,523	918	25,029	61	55,130
Recognized in income – cost and expenses	1,183	374	83	1,570	−	3,210
Current service cost	25	3	34	270	−	332
Interest cost, net	1,158	371	49	1,300	−	2,878
Cash effects	(5,965)	(1,917)	−	(839)	−	(8,721)
Contributions paid	(728)	(243)	−	(839)	−	(1,810)
Payments related to Term of financial commitment (TFC)	(5,237)	(1,674)	−	−	−	(6,911)
Other changes	−	−	4	4	(58)	(50)
Balance of actuarial liability as of June 30, 2022	17,817	4,980	1,005	25,764	3	49,569
(*) It includes the balance of PPSP-R pre-70 and PPSP-NR pre-70.

Account Code	Account Description	Accumulated of the Current Year 01/01/2022 to 06/30/2022	Accumulated of the Previous Year 01/01/2021 to 06/30/2021
6.01	Net cash provided by operating activities	71,822,000	60,295,000
6.01.01	Cash provided by operating activities	133,496,000	107,070,000
6.01.01.01	Net Income for the period	98,891,000	44,022,000
6.01.01.02	Pension and medical benefits (actuarial expense)	3,136,000	3,306,000
6.01.01.03	Results in equity-accounted investments	-12,458,000	-9,222,000
6.01.01.04	Depreciation, depletion and amortization	35,167,000	32,950,000
6.01.01.05	Impairment of assets (reversal)	797,000	1,186,000
6.01.01.06	Exploratory expenditures write-offs	183,000	1,036,000
6.01.01.08	Foreign exchange, indexation and finance charges	16,570,000	18,321,000
6.01.01.09	Deferred income taxes, net	9,996,000	20,379,000
6.01.01.10	Allowance (reversals) for expected credit losses	216,000	10,000
6.01.01.13	Revision and unwinding of discount on the provision for decommissioning costs	1,487,000	2,078,000
6.01.01.16	Results from co-participation agreements in bid areas	-14,243,000	0
6.01.01.17	Disposal/write-offs of assets, remeasurement of investment retained with loss of control and reclassification of CTA	-4,212,000	-1,133,000
6.01.01.18	PIS and COFINS recovery - exclusion of ICMS (VAT tax) from the basis of calculation	-11,000	-4,588,000
6.01.01.19	Early termination and cash outflows revision of lease agreements	-2,023,000	-1,275,000
6.01.02	Decrease / (increase) in assets / increase/ (decrease) in liabilities	-61,674,000	-46,775,000
6.01.02.01	Trade and other receivables, net	-43,437,000	-26,510,000
6.01.02.02	Inventories	-10,764,000	-6,277,000
6.01.02.03	Judicial deposits	-4,027,000	-2,357,000
6.01.02.05	Other assets	-2,070,000	-2,242,000
6.01.02.06	Trade payables	83,000	-10,250,000
6.01.02.07	Other taxes payable	31,939,000	12,234,000
6.01.02.08	Pension and medical benefits	-8,713,000	-8,756,000
6.01.02.09	Provisions for legal proceedings	1,608,000	27,000
6.01.02.10	Short-term benefits	-1,705,000	-1,173,000
6.01.02.11	Income tax and social contribution paid	-25,071,000	-69,000
6.01.02.12	Provision for Decommissioning Costs	-1,424,000	-1,740,000
6.01.02.14	Other liabilities	1,907,000	338,000
6.02	Net cash used in investing activities	5,427,000	-91,137,000
6.02.01	Acquisition of PP&E and intangibles assets	-20,015,000	-49,799,000
6.02.02	Decrease (increase) in investments in investees	-82,000	1,945,000
6.02.03	Proceeds from disposal of assets - Divestment	16,970,000	3,054,000
6.02.04	Divestment (investment) in marketable securities	-17,783,000	-48,794,000
6.02.05	Dividends received	1,506,000	2,457,000
6.02.08	Financial compensation for Co-participation Agreement	24,831,000	0
6.03	Net cash used in financing activities	-77,625,000	28,019,000
6.03.02	Proceeds from financing	43,654,000	123,943,000
6.03.03	Repayment of principal - finance debt	-35,586,000	-55,391,000

Account Code	Account Description	Accumulated of the Current Year 01/01/2022 to 06/30/2022	Accumulated of the Previous Year 01/01/2021 to 06/30/2021
7.01	Sales Revenues	395,557,000	264,050,000
7.01.01	Sales of Goods and Services	358,045,000	242,757,000
7.01.02	Other Revenues	20,927,000	6,775,000
7.01.03	Revenues Related to the Construction of Assets to be Used in Own Operations	16,801,000	14,528,000
7.01.04	Allowance for expected credit losses	-216,000	-10,000
7.02	Inputs Acquired from Third Parties	-109,255,000	-81,310,000
7.02.01	Cost of Sales	-62,277,000	-39,123,000
7.02.02	Materials, Power, Third-Party Services and Other Operating Expenses	-23,038,000	-23,644,000
7.02.03	Impairment Charges / Reversals of Assets	-797,000	-1,186,000
7.02.04	Others	-23,143,000	-17,357,000
7.02.04.01	Tax Credits on Inputs Acquired from Third Parties	-23,143,000	-17,357,000
7.03	Gross Added Value	286,302,000	182,740,000
7.04	Retentions	-38,684,000	-35,671,000
7.04.01	Depreciation, Amortization and Depletion	-38,684,000	-35,671,000
7.05	Net Added Value Produced	247,618,000	147,069,000
7.06	Transferred Added Value	20,052,000	16,018,000
7.06.01	Share of Profit of Equity-Accounted Investments	12,458,000	9,222,000
7.06.02	Finance Income	4,754,000	1,189,000
7.06.03	Others	2,840,000	5,607,000
7.06.03.01	Rentals, royalties and others	2,840,000	1,019,000
7.06.03.03	PIS and COFINS recovery - exclusion of ICMS (VAT tax) from the basis of calculation	0	4,588,000
7.07	Total Added Value to be Distributed	267,670,000	163,087,000
7.08	Distribution of Added Value	267,670,000	163,087,000
7.08.01	Employee Compensation	12,557,000	12,193,000
7.08.01.01	Salaries	8,016,000	7,487,000
7.08.01.02	Fringe Benefits	4,090,000	4,283,000
7.08.01.03	Unemployment Benefits (FGTS)	451,000	423,000
7.08.02	Taxes and Contributions	128,507,000	79,803,000
7.08.02.01	Federal	104,058,000	63,296,000
7.08.02.02	State	24,275,000	16,435,000
7.08.02.03	Municipal	174,000	72,000
7.08.03	Return on Third-Party Capital	27,715,000	27,069,000
7.08.03.01	Interest	24,227,000	24,601,000
7.08.03.02	Rental Expenses	3,488,000	2,468,000
7.08.04	Return on Shareholders' Equity	98,891,000	44,022,000
7.08.04.01	Interest on Capital	5,633,000	0
7.08.04.02	Dividends	35,405,000	0
7.08.04.03	Retained Earnings / (Losses) for the Period	57,853,000	44,022,000

	Pension plans			Health Care	Other plans
	PPSP-R (*)	PPSP-NR (*)	PP2	AMS - Saúde Petrobras		Total
Balance on December 31, 2020	39,102	14,012	2,477	27,836	76	83,503
Recognized in income – cost and expenses	1,339	471	197	1,424	3	3,434
Costs incurred in the period	(5)	(1)	−	−	−	(6)
- Present value of the obligation	(3,672)	(168)	−	−	−	(3,840)
- Value of guarantor asset - transfer to equity in PP3	2,494	114	−	−	−	2,608
- Sponsor's contribution to PP3	1,173	53	−	−	−	1,226
Current service cost	24	−	105	446	−	575
Net interest cost	1,222	443	92	978	3	2,738
Interest on the obligations with contribution for the revision of the lump sum death benefit	98	29	−	−	−	127
Recognized in Equity - other comprehensive income	(6,885)	(1,769)	−	−	8	(8,646)
Remeasurement: (Gains) / Actuarial losses	(6,885)	(1,769)	−	−	8	(8,646)
Cash effects	(5,082)	(2,838)	−	(838)	(1)	(8,759)
Contributions paid	(705)	(214)	−	(838)	(1)	(1,758)
Payments of obligations with contribution for the revision of the lump sum death benefit (**)	(1,797)	(536)	−	−	−	(2,333)
Payments related to Term of financial commitment (TFC)	(2,580)	(2,088)	−	−	−	(4,668)
Other changes	−	−	−	−	(7)	(7)
Balance on June 30,2021	28,474	9,876	2,674	28,422	79	69,525
(*) It includes the balance of PPSP-R pre-70 and PPSP-NR pre-70.
(**) On June 30, 2021, the Company prepaid the debt balance of R$2.25 billion.

	Pension plans			Health Care Plan	Other plans
	*PPSP-R ()**	*PPSP-NR ()**	PP2	AMS - Saúde Petrobras		Total
Related to active employees (cost and expenses)	91	15	47	570	−	723
Related to retired employees (other income and expenses)	1,092	359	36	1,000	−	2,487
Expense in the statement of income - Jan-Jun/2022	1,183	374	83	1,570	−	3,210
Related to active employees (cost and expenses)	147	23	159	742		1,071
Related to retired employees (other income and expenses)	1,094	419	38	682	3	2,236
Obligations with contribution for the revision of the lump sum death benefit	98	29	−	−		127
Expense in the statement of income - Jan-Jun/2021	1,339	471	197	1,424	3	3,434
(*) It includes amounts of PPSP-R pre-70 and PPSP-NR pre-70

	Consolidated						Parent
	Land, buildings and improvement	Equipment and other assets (*)	Assets under construction (**)	Exploration and development costs (oil and gas producing properties) (***)	Right-of-use assets	Total	Total
Balance at December 31, 2021	13,302	296,471	94,430	200,046	95,157	699,406	717,355
Accumulated cost	22,770	547,365	144,831	345,470	147,222	1,207,658	1,154,481
Accumulated depreciation and impairment (****)	(9,468)	(250,894)	(50,401)	(145,424)	(52,065)	(508,252)	(437,126)
Additions	−	2,229	16,262	42	15,996	34,529	33,534
Additions to / review of estimates of decommissioning costs	−	−	−	54	−	54	−
Capitalized borrowing costs	−	−	2,687	−	−	2,687	2,656
Signing bonus transfer (*****)	−	−	−	4,242	−	4,242	4,242
Write-offs	(1)	(3,592)	(4,811)	(3,012)	(6,884)	(18,300)	(18,006)
Transfers	321	8,963	(20,898)	12,053	−	439	373
Transfers to assets held for sale	(78)	(9,272)	(1,743)	(6,266)	(38)	(17,397)	(16,826)
Depreciation, amortization and depletion	(224)	(12,015)	−	(13,570)	(11,484)	(37,293)	(38,833)
Impairment recognition (note 17)	−	(241)	(91)	(212)	−	(544)	(505)
Impairment reversal (note 17)	−	62	9	57	−	128	127
Cumulative translation adjustment	(3)	(13)	(430)	(78)	(4)	(528)	−
Balance at June 30, 2022	13,317	282,592	85,415	193,356	92,743	667,423	684,117
Accumulated cost	22,564	535,190	134,005	337,430	146,509	1,175,698	1,123,374
Accumulated depreciation and impairment (****)	(9,247)	(252,598)	(48,590)	(144,074)	(53,766)	(508,275)	(439,257)
Weighted average useful life in years	40 (25 to 50) (except land)	20 (3 to 31)		Units of production method	8 (2 to 47)

	Consolidated					Parent Company
		Platforms	Vessels	Buildings and others	Total	Total
06.30.2022
Accumulated cost		72,046	65,127	9,336	146,509	159,645
Accumulated depreciation and impairment		(20,451)	(30,655)	(2,660)	(53,766)	(56,461)
Total		51,595	34,472	6,676	92,743	103,184
12.31.2021
Accumulated cost		74,562	62,875	9,785	147,222	160,538
Accumulated depreciation and impairment		(19,652)	(29,410)	(3,003)	(52,065)	(54,117)
Total		54,910	33,465	6,782	95,157	106,421


	2022 Jan-Jun	2021 Jan-Jun
Initial balance	2,033	1,925
Additions/(write-offs) in Property, Plant and Equipment	(192)	(352)
Other operating (income) expenses	49	288
Final balance	1,890	1,861

	Consolidated				Parent Company
	Rights and Concessions (*)	Software	Goodwill	Total	Total
Balance at December 31, 2021	15,037	1,719	123	16,879	16,682
Accumulated Cost	15,312	7,373	123	22,808	21,769
Accumulated amortization and impairment	(275)	(5,654)	−	(5,929)	(5,087)
Addition	4,260	438	−	4,698	4,670
Capitalized borrowing costs	−	21	−	21	21
Write-offs	(50)	(4)	−	(54)	(5)
Transfers	(54)	(3)	−	(57)	(58)
Transfer of signature bônus (**)	(4,242)	−	−	(4,242)	(4,242)
Amortization	(9)	(178)	−	(187)	(178)
Impairment accrual	−	(6)	−	(6)	−
Cumulative translation adjustment	(10)	−	−	(10)	−
Balance at June 30, 2022	14,932	1,987	123	17,042	16,890
Accumulated Cost	15,216	7,786	123	23,125	22,150
Accumulated amortization and impairment	(284)	(5,799)	−	(6,083)	(5,260)
Estimated useful life in years	(***)	5	Indefinite

		Consolidated
		2022		2021
	Apr-Jun	Jan-Jun	Apr-Jun	Jan-Jun
Recognition of loss / (reversal)
Property, plant and equipment	420	416	55	593
Intangible	−	6	−	−
Property, plant and equipment and Intangible	420	422	55	593
Assets held for sale	427	421	442	412
	847	843	497	1,005
Investments	13	57	(2,140)	(1,948)
Net effect in the statement of income	860	900	(1,643)	(943)
Recognition of loss	1,052	1,105	832	1,712
Loss reversal	(192)	(205)	(2,475)	(2,655)

	Consolidated
Capitalized Exploratory Well Costs / Capitalized Acquisition Costs (*)	2022 Jan-Jun	2021 Jan-Jun
Property plant and equipment
Opening Balance	11,127	15,716
Additions	486	1,194
Write-offs	(72)	(965)
Transfers	(210)	(780)
Cumulative translation adjustment	(37)	(22)
Closing Balance	11,294	15,143
Intangible Assets	14,322	75,320
Capitalized Exploratory Well Costs / Capitalized Acquisition Costs	25,616	90,463
(*) Amounts capitalized and subsequently expensed in the same period have been excluded from this table.

	Controlled companies	Joint operations	Jointly controlled companies	Associates (*)	Total
Balance at December 31, 2021	264,102	180	109	5,434	269,825
Investments	9	−	74	−	83
Transfers to held for sale	(9)	−	−	(282)	(291)
Restructuring, capital decrease and others	(517)	−	−	5	(512)
Results in equity-accounted investments (**)	11,379	30	65	922	12,396
Cumulative translation adjustments	(16,557)	−	−	(517)	(17,074)
Other comprehensive income	189	−	2	764	955
Dividends	(722)	(80)	(23)	(505)	(1,330)
Balance at June 30, 2022	257,874	130	227	5,821	264,052

Consolidated assets by operating segment - 06.30.2022
	Exploration and Production	Refining, Transportation & Marketing	Gas & Power	Corporate	Eliminations	Total
Current assets	46,159	95,125	15,868	111,979	(44,346)	224,785
Non-current assets	568,855	122,083	39,966	49,065	−	779,969
Long-term receivables	30,979	14,147	3,364	38,021	−	86,511
Investments	2,121	5,894	818	160	−	8,993
Property, plant and equipment	521,057	101,490	35,389	9,487	−	667,423
Operating assets	462,787	86,563	24,822	7,836	−	582,008
Under construction	58,270	14,927	10,567	1,651	−	85,415
Intangible assets	14,698	552	395	1,397	−	17,042
Total Assets	615,014	217,208	55,834	161,044	(44,346)	1,004,754

Consolidated assets by operating segment - 12.31.2021
	Exploration and Production	Refining, Transportation & Marketing	Gas & Power	Corporate	Eliminations	Total
Current assets	33,672	70,822	21,418	73,995	(31,660)	168,247
Non-current assets	597,740	121,076	37,669	48,220	(1)	804,704
Long-term receivables	28,136	12,342	1,795	37,720	(1)	79,992
Investments	2,194	5,412	662	159	−	8,427
Property, plant and equipment	552,654	102,788	34,829	9,135	−	699,406
Operating assets	486,676	89,770	20,868	7,662	−	604,976
Under construction	65,978	13,018	13,961	1,473	−	94,430
Intangible assets	14,756	534	383	1,206	−	16,879
Total Assets	631,412	191,898	59,087	122,215	(31,661)	972,951

Transaction	Buyer	Approval date for signature	*Amount ()**	Conditions and deadlines for receipt and other information
Sale of the entire interest in a set of 22 concessions for onshore and shallow water production fields, together with their processing, refining, logistics, storage, transport and outflow of oil and natural gas infrastructure, located in the Potiguar Basin, in the state of Rio Grande do Norte, jointly called Potiguar Pole.	3R Potiguar S.A., wholly-owned company of 3R Petroleum Óleo e Gás S.A.	Jan/2022	US$ 1,385 million	a
Sale of the entire interest in a set of four concessions of onshore production fields, with integrated facilities, located in the state of Espírito Santo, jointly called Norte Capixaba Pole.	Seacrest Petróleo SPE Norte Capixaba Ltda., wholly-owned company of Seacrest Exploração e Produção de Petróleo Ltda.	Feb/2022	US$ 478 million	b
Sale of the entire interest in the Albacora Leste concession, located predominantly in deep waters in the Campos Basin.	Petro Rio Jaguar Petróleo Ltda. (PetroRio), associated company of Petro Rio S.A.	Apr/2022	US$ 1,951 million	c
Sale of the entire interest (27.88%) in Deten Química S.A (Deten), located in the industrial hub of Camaçari, in the state of Bahia.	Cepsa Química S.A.	Apr/2022	585	d
Sale of the Lubrificantes e Derivados de Petróleo do Nordeste (LUBNOR) refinery and associated logistics assets, located in the state of Ceará.	Grepar Participações Ltda.	May/2022	US$ 34 million	e
Sale of the total interest in the sets of maritime concessions called Golfinho Pole and Camarupim Pole, in deep waters in the post-salt, located in the Espírito Santo Basin.	BW Energy Maromba do Brasil Ltda (BWE)	Jun/2022	US$ 15 million	f

(*) Transaction value, which does not include contingent assets, when contractually provided.


Transaction	Buyer	Signature date (S) and closing date (C)	Sale amount *() ()	Closing amount in other currencies ()*	Gain (loss) ()	Other information
Sale of the entire interest in a set of seven land and shallow water concessions called Alagoas Pole and the Natural Gas Processing Unit – UPGN of Alagoas	Petromais Global Exploração e Produção S.A., currently Origem Energia S.A.	Jul/2021 Feb/2022	1,567	US$ 300 miillion	1,738	a
Sale of the entire interest in fourteen onshore exploration and production fields, called Recôncavo Pole, located in the state of Bahia	3R Candeias S.A. subsidiary of 3R Petroleum Óleo e Gás	Dec/2020 May/2022	1,298	US$ 256 million	1,066	b
	3R Candeias S.A. subsidiary of 3R Petroleum Óleo e Gás


			2,865		2,804
			2.865		2.804
(*) Amount agreed upon signing the transaction, plus closing price adjustment, when provided for in the contract.
(**) The amount of “Receipts from the sale of assets (Disinvestments) in the Statement of Cash Flows” is mainly composed of amounts from the Divestment Program: partial receipt of operations this year, installments of operations from previous years and advances related to unfinished operations.
(***) Contractual value and price adjustments of operations traded in a currency other than the Brazilian real.
(****) Recognized in "Income from disposals, write-off of assets and result on remeasurement of equity interests" - explanatory note 6 - Other (expenses) net operating income.

Sales	Divestment closing date	At closing of the agreement US$ million	Asset recognized in the period from January to June 2022		Active recognized in previous periods US$ million
Sales	Divestment closing date	At closing of the agreement US$ million	US$ million	R$	Active recognized in previous periods US$ million
Sales in previous years
Riacho da Forquilha Pole	Dec/2019	62	8	41	−
Pampo and Enchova Poles	Jul/2020	650	125	621	36
Baúna Field	Nov/2020	285	95	502	17
Frade Field	Feb/2021	20	−	−	−
Ventura Pole	Jul2021	43	−	−	43
Miranga Pole	Dec/2021	85	33	164	15
Cricaré Pole	Dec/2021	118	20	104	−
		−	−	−

Total			281	1,432	111

	Consolidated
	Brazil	Abroad	Total
Balance at December 31, 2021	25,209	174,015	199,224
Proceeds from financing	−	1,645	1,645
Repayment of principal (*)	(886)	(25,589)	(26,475)
Repayment of interest (*)	(646)	(4,091)	(4,737)
Charges incurred in the period (**)	1,017	4,807	5,824
Monetary and exchange variations	542	(2,766)	(2,224)
Cumulative translation adjustment	−	(10,613)	(10,613)
Balance at June 30, 2022	25,236	137,408	162,644

	Consolidated
Maturity in	2022	2023	2024	2025	2026	2027 onwards	Total ^(*)	Fair value

Financing in U.S. Dollars (US$)(*):	8,625	13,393	17,059	13,540	8,094	63,344	124,055	123,044
Floating rate debt (**)	6,532	13,393	14,012	10,128	5,988	4,700	54,753
Fixed rate debt	2,093	−	3,047	3,412	2,106	58,644	69,302
Average interest rate (p.a)	5.0%	6.2%	6.1%	6.0%	6.4%	6.6%	6.4%
Financing in Brazilian Reais (R$):	4,999	2,522	3,515	1,158	2,284	10,758	25,236	24,320
Floating rate debt(***)	3,678	1,478	1,468	725	725	2,768	10,842
Fixed rate debt	1,321	1,044	2,047	433	1,559	7,990	14,394
Average interest rate (p.a)	6.1%	5.9%	5.4%	4.8%	4.3%	4.8%	5.2%
Financing in Euro (€):	−	81	66	1,642	−	2,987	4,776	4,667
Fixed rate debt	−	81	66	1,642	−	2,987	4,776
Average interest rate (p.a)	-	4.7%	4.7%	4.7%	−	4.7%	4.7%
Financing in Pound Sterling (£):	205	83	−	−	3,409	4,880	8,577	8,150
Fixed rate debt	205	83	−	−	3,409	4,880	8,577
Average interest rate (p.a)	6.2%	6.2%	−	−	6.2%	6.4%	6.3%
Total on June 30, 2022	13,829	16,079	20,640	16,340	13,787	81,969	162,644	160,181
Average interest rate (p.a)	5.3%	6.1%	6.0%	5.8%	6.0%	6.5%	6.3%	−
Total on December 31, 2021	20,315	16,591	22,253	19,247	15,809	105,009	199,224	211,453
Average interest rate (p.a)	5.2%	5.3%	5.5%	5.6%	5.9%	6.5%	6.2%	−

()The average maturity of outstanding debt as of June 30, 2022 is 13.04 years (13.39 years as of December 31, 2021). () Operation () Operations with variable index plus fixed spread. (**) Operations with variable index plus fixed spread, as applicable.

	Consolidated
Maturity	2022	2023	2024	2025	2026	2027 onwards	06.30.2022	12.31.2021
Principal	11,261	16,247	21,156	16,812	14,261	86,805	166,542	204,007
Interest	4,886	8,721	7,796	6,511	5,838	105,230	138,982	170,524
*Total ()**	16,147	24,968	28,952	23,323	20,099	192,035	305,524	374,531
(*)The nominal flow of leases is found in note 24. .

					06.30.2022
Company	Financial institution	Date	Maturity	Available (Lines of Credit)		Used	Balance
Abroad (in US$ million)
PGT BV	Syndicate of banks	12/16/2021	11/16/2026	5,000		−	5,000
PGT BV (*)	Syndicate of banks	03/27/2019	02/27/2024	3,250		−	3,250
Total				8,250		-	8,250
In Brazil
Petrobras	Banco do Brasil	03/23/2018	09/26/2026	2,000		−	2,000
Petrobras	Bradesco	06/01/2018	05/31/2023	2,000		−	2,000
Petrobras	Banco do Brasil	10/04/2018	09/05/2025	2,000		−	2,000
Transpetro	Caixa Econômica Federal	11/23/2010	Not defined	329		−	329
Total				6,329		−	6,329
(*) In April 2021, PGT extended part of the Revolving Credit Facility. As such, US$2,050 million will be available for withdrawal from February 28, 2024 through February 27, 2026.

	Remuneration to shareholders
	Date of shareholder position	Amount per share common and preferred (R$)	Amount
Interim dividends	05.23.2022	2.708577	35,331
Interim interest on capital	05.23.2022	0.430177	5,612
Total prepayments based on net income for the period Jan-Mar 2022		3.138754	40,943
Interim dividends using a portion of the profit retention reserve as of 12.31.2021	05.23.2022	0.576736	7,523
Total of remuneration to shareholders		3.715490	48,466
Outstanding preferred shares		3.715490	20,814
Outstanding common shares		3.715490	27,652

		Consolidated and Parent Company
	2022		2021
	Apr-Jun	Jan-Jun	Apr-Jun	Jan-Jun
Basic and diluted denominator – Net income (loss) attributable to shareholders of Petrobras attributable equally between share classes
Net income of the period
Common	30,997	56,421	24,450	25,116
Preferred	23,333	42,470	18,405	18,906
	54,330	98,891	42,855	44,022

Basic and diluted denominator - Weighted average number of outstanding shares (number of shares)
Common	7,442,231,382	7,442,231,382	7,442,231,382	7,442,231,382
Preferred	5,601,969,879	5,601,969,879	5,601,969,879	5,601,969,879
	13,044,201,261	13,044,201,261	13,044,201,261	13,044,201,261

Basic and diluted earnings per share (R$ per share)
Common	4.16	7.58	3.28	3.37
Preferred	4.16	7.58	3.28	3.37

	Fair value measured based on
	Level I	Level II	Level III	Total fair value recorded
Assets
Marketable securities	3,256	−	−	3,256
Commodity derivatives	206	22	−	228
Balance at June 30, 2022	3,462	22	−	3,484
Balance at December 31, 2021	3,630	128	−	3,758

Liabilities
Foreign currency derivatives	−	(1,437)	−	(1,437)
Interest derivatives	−	(38)	−	(38)
Balance at June 30, 2022	−	(1,475)	−	(1,475)
Balance at December 31, 2021	(6)	(1,519)	−	(1,525)