Below are the financial statements of CNOOC, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of CNY | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Non-current assets | — | — |
| Property, plant and equipment | 632,410a | 592,920a |
| Right-of-use assets | 12,755a | 12,039a |
| Intangible assets | 16,961a | 16,769a |
| Investments in associates | 25,047a | 28,910a |
| Investment in a joint venture | 23,444a | 22,342a |
| Debt investment | 8,504a | 8,221a |
| Equity investments | 18a | 886a |
| Deferred tax assets | 25,465a | 28,562a |
| Other non-current assets | 47,068a | 40,442a |
| Other non-current financial assets | 0a | 4,232a |
| Total non-current assets | 791,672a | 755,323a |
| Current assets | — | — |
| Inventories and supplies | 5,732a | 6,451a |
| Trade receivables | 33,661a | 37,052a |
| Other financial assets | 45,771a | 44,304a |
| Derivative financial instruments | 4a | 43a |
| Other current assets | 12,837a | 11,863a |
| Time deposits with maturity over three months but within one year | 72,912a | 17,123a |
| Cash and cash equivalents | 81,284a | 133,439a |
| Assets held for sale | 12,408a | 0a |
| Total current assets | 264,609a | 250,275a |
| Current liabilities | — | — |
| Loans and borrowings | 20,084a | 21,894a |
| Trade and accrued payables | 59,685a | 61,382a |
| Lease liabilities | 2,264a | 2,217a |
| Contract liabilities | 508a | 1,383a |
| Other payables and accrued liabilities | 11,207a | 11,908a |
| Derivative financial instruments | 12a | 25a |
| Taxes payable | 19,949a | 25,130a |
| Liabilities held for sale | 5,166a | 0a |
| Total current liabilities | 118,875a | 123,939a |
| Net current assets | 145,734a | 126,336a |
| Total assets less current liabilities | 937,406a | 881,659a |
| Non-current liabilities | — | — |
| Loans and borrowings | 61,243a | 88,208a |
| Lease liabilities | 8,296a | 7,858a |
| Provision for dismantlement | 99,740a | 97,091a |
| Deferred tax liabilities | 12,521a | 10,845a |
| Other non-current liabilities | 6,170a | 9,781a |
| Total non-current liabilities | 187,970a | 213,783a |
| Net assets | 749,436a | 667,876a |
| Equity | — | — |
| Issued capital | 75,180a | 75,180a |
| Reserves | 672,368a | 591,406a |
| Equity attributable to equity shareholders of the Company | 747,548a | 666,586a |
| Non-controlling interests | 1,888a | 1,290a |
| Total equity | 749,436a | 667,876a |
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