Petrobras - 2009 Sustainability Report

• Presentation of the Financial Statements

• Consolidation Procedures

• Description of Significant Accounting Policies

• Cash and Cash Equivalents

• Trade Accounts Receivable, Net

• Related Party Transactions

• Inventories

• Petroleum and Alcohol
  Accounts - STN

• Marketable Securities

• Project Financing

• Deposits in Court

• Investments

• Property, Plant and Equipment

• Intangible Assets

• Financing

• Contractual Commitments

• Financial Income and Expenses

• Other Operating Expenses, Net

• Taxes, Contributions and Interests

• Employee Benefits

• Employee and Management Profit-Sharing

• Shareholders’ Equity

• Legal Proceedings and Contingencies

• Commitments Assumed by the Energy Segment

• Guarantees for Concession Agreements for Petroleum Exploration

• Segment Reporting

• Derivative Financial Instruments, HEDGE and Risk Management Activities

• Insurance

• Security, Environment and Health

• Pronouncements, Interpretations and Orientations That Will Come Into Force in 2010

• Subsequent Events

Inventories

	CONSOLIDATED		PARENT COMPANY
	2009	2008	2009	2008
PRODUCTS:
Oil products (*)	5,751,330	5,587,327	4,051,752	3,993,002
Alcohol (*)	656,812	598,382	237,196	281,180
	6,408,142	6,185,709	4,288,948	4,274,182
Raw materials, mainly crude oil (*)	9,724,691	8,363,429	7,260,937	5,297,904
Maintenance materials and supplies(*)	3,295,077	3,362,265	2,880,019	2,865,459
Advances to suppliers	1,930,273	1,654,610	1,891,459	1,609,257
Others	247,086	715,087	32,844	105,096
TOTAL	21,605,269	20,281,100	16,354,207	14,151,898
Current	21,424,651	19,977,171	16,186,906	13,847,969
Non-current	180,618	303,929	167,301	303,929

(*) Includes imports in transit.