Below are the financial statements of Santos, 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 USD | 2024 | 2023 |
|---|---|---|
| Revenue from contracts with customers - product sales | 5,381a | 5,889a |
| Cost of sales | -3,395a | -3,667a |
| Gross profit | 1,986a | 2,222a |
| Revenue from contracts with customers - other | 137a | 145a |
| Other income | 187a | 123a |
| Impairment of non-current assets | -123a | -75a |
| Other expenses | -271a | -374a |
| Finance income | 122a | 106a |
| Finance costs | -291a | -333a |
| Share of net profit of associates and joint ventures | 2a | 5a |
| Profit before tax | 1,749a | 1,819a |
| Income tax expense | -489a | -485a |
| Royalty-related tax benefit | 4a | 82a |
| Total tax expense | -485a | -403a |
| Net profit for the period | 1,264a | 1,416a |
| Attributable to | — | — |
| Owners of Santos Limited | 1,224a | 1,416a |
| Non-controlling interests | 40a | 0a |
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