CONT N ENTS 目 次 Market Data マーケットデータ Fact Book 2019 ファクトブック 年 3 月期 Year ended March 31, 2019 Market Data (Price / Exchange Rate / Stock Marke

Transcription

1 CONT N ENTS 目 次 Market Data マーケットデータ Fact Book 19 ファクトブック19 19 年 3 月期 Year ended March 31, 19 Market Data (Price / Exchange Rate / Stock Markets) マーケットデータ 価格 為替 株式市場 Market Data (World) マーケットデータ 世界 Market Data (Japan) マーケットデータ 日本 Index Data (Consolidated) 指標データ 連結 Profitability Indices 収益性指標 Eff f ici cienc encyy Indi enc Indi nd ces 効率性指標 効率性 指標 Productivity Indices 生産性指標 Stability Indices 安全性指標 Perfor Per forman mance ce Ind Indice icess 投資指標 投資指 標 Reserves / Production Indices 埋蔵量 生産量指標 Operat Ope rating ing Da Data ta 事業データ 事業デ ータ Oil an and d Res Reserv erves es 埋蔵量データ 埋蔵量 データ Oil an and d Nett PPrrodu ucti ction on o n ネット生産量 ト生産量 生産量データ データ タ Sales Sal ess Vol o ume 販売量データ 販売量 デー データ Busine Bus iness ine s Inv ss Invest est stmen m t / Otther men herss 事業投資 事業投 資 / その その他 他 ESG Da Data ta タ E データ ESG Enviro Env iro ronme nme ment nt (Co (Conso n lid nso lidate ated) ate d) 環境 連結 連結 He lth Hea h & Saf Sa ety / Hum Hu an Res Re our ources ce / ces S iet Soc ietyy / Co C rpo rporat ratee Gove rat v rna rnance nce 労 労働安 全 人材 人 材 社会 会 コーポ コ レートガバナ トガバナ ガ ン ンス Fin i anccial Da ata (Co (Conso nsolid nso lidate lid ated) ate d)) 財務デ 務 ータ 連結 連 連結 Cor o porrate e In nfor f mat mation ma ion on 会社情 社情報 報

2 Market Data Market Data (Price / Exchange Rate / Stock Markets) price trend (ICE Brent / NYMEX WTI / CIF price in Japan)ICE Brent NYMEX WTI CIF U.S.$/bbl 15 1 ICE Brent NYMEX WTI CIF price in Japan CIF U.S.$/bbl Annual average ICE Brent ICE Brent * NYMEX WTI NYMEX WTI * CIF price in Japan CIF ** Source: Petroleum Association of Japan (PAJ), etc. * 19: From January to June ** 19: From January to May * 1916 ** 1915 LNG (CIF) price trend in JapanLNGCIF (U.S.$/ton 1, (U.S.$/ton Annual average LNG (CIF) price LNG CIF * Source: Petroleum Association of Japan (PAJ) *19: From January to May *1915 Steel products (steel plate) price trend in Japan /ton 15, Average of the high and low prices 1, 5, Annual average Steel products (steel plate) price ( /ton 75,125 83,333 8,5 81, 117,542 12,167 87,78 87,667 81,125 77,333 82, 79,833 74,542 78,417 85, 86,5* Source: Japan Metal Daily *19: From January to June * INPEX CORPORATION Fact Book 19

3 Exchange rate trend (Japanese yen against U.S. dollar) /U.S.$ Market Data Average exchange rate Source: Mizuho Bank /U.S.$ * *19: From January to June*1916 World stock markets (4/1=1) ASX Hang Seng TOPIX S&P 5 FTSE /1 5/1 6/1 7/1 8/1 9/1 1/1 11/1 12/1 13/1 14/1 15/1 16/1 17/1 18/1 19/1 Reference: INPEXs share price performance vs. TOPIX (7/4=1) TOPIX74=1 15 INPEX TOPIX

4 Market Data Market Data (World) World primary energy consumption 1818 Million tons oil equivalent Total 13,864.9 Million tons oil equivalent Oil 4, % Natural gas 3, % Coal 3, % Nuclear power % Hydroelectricity % Renewables % Total 13, % Source: BP BP Statistical Review of World Energy June 19 BPBP Statistical Review of World Energy June 19 World proved reserves by region and reserves to production ratio (RP ratio) (as the end of 18) 18 Natural gas Total 1,729.7 Billion bbl RP ratio (Years) 5. Total 6,951.8 Trillion cf cf RP ratio (Years) 5.9 Billion bbl Trillion cf cf North America % Central, South America % Europe % CIS CIS % Middle East % Africa % Asia Pacific % Total 1, % Source: BP BP Statistical Review of World Energy June 19 BPBP Statistical Review of World Energy June 19 North America % Central, South America % Europe % CIS CIS 2, % Middle East 2, % Africa % Asia Pacific % Total 6, % Source: BP BP Statistical Review of World Energy June 19 BPBP Statistical Review of World Energy June 19 World oil and gas production (Thousand bbl/day (Billion m 3 m 3 1, 75, (Left scale) Natural gas (Right scale) 8,822 81,793 2, , ,518 82,391 83,69 81,41 3,29.8 2, , , ,255 3, ,9 3, ,228 3, ,647 3, ,736 3, ,547 3, ,822 3, ,52 3, ,718 3, , 3, 5, 2, 25, 1, Source: BP BP Statistical Review of World Energy June 19, etc. BPBP Statistical Review of World Energy June 19 3 INPEX CORPORATION Fact Book 19

5 Volume of global trade () (Thousand bbl/day Change 18 over 17 * *1 18 share of total *1 18 *1 Imports U.S. 12,898 13,525 13,612 13,632 12,872 11,453 11,689 11,338 1,587 9,859 9,241 9,451 1,56 1,148 9,929 (2.2%) 13.9% Europe 12,854 13,557 13,728 14,241 14,66 12,82 12,47 12,489 12,721 12,9 12,957 13,993 14,354 14,699 15, % 21.2% China 3,445 3,427 3,883 4,172 4,494 5,1 5,886 6,295 6,675 6,978 7,398 8,333 9,214 1,24 11,39 7.8% 15.5% India 2,139 2,236 2,613 2,924 3,66 3,491 3,749 3,823 4,168 4,37 4,155 4,38 4,945 4,947 5, % 7.3% Japan 5,3 5,225 5,1 5,32 4,925 4,263 4,567 4,494 4,743 4,637 4,383 4,332 4,18 4,142 3,941 (4.8%) 5.5% Rest of World 14,685 15,143 15,556 17,49 17,138 17,211 17,48 17,634 17,812,12 21,193 22,26 23,776 25,457 26,87 2.5% 36.6% Total World 51,224 53,113 54,593 57,411 56,561 54,3 55,346 56,72 56,76 58,776 59,328 62,515 66,526 69,633 71, % 1.% Exports Canada 2,148 2,1 2,33 2,457 2,498 2,518 2,599 2,798 3,56 3,296 3,536 3,836 3,89 4,248 4,53 6.6% 6.3% Mexico 2,7 2,65 2,12 1,975 1,69 1,449 1,539 1,487 1,366 1,347 1,293 1,323 1,38 1,3 1,36 4.7% 1.9% U.S ,129 1,317 1,439 1,967 1,947 2,154 2,495 2,682 3,563 4,33 4,521 5,78 5,858 7, % 1.% Central, South America 3,233 3,528 3,681 3,57 3,616 3,748 3,568 3,755 3,83 3,79 3,939 4,17 4,147 3,992 3,745 (6.2%) 5.2% Europe 2,113 2,257 2,239 2,3 2,73 2,76 1,966 2,139 2,181 2,545 2,467 2,926 3,82 3,387 3, % 4.8% Russia 6,355 6,878 6,792 7,827 7,54 7,257 7,397 7,448 7,457 7,948 7,792 8,313 8,814 8,979 9,159 2.% 12.8% Other CIS CIS 1,79 1,126 1,328 1,562 1,73 1,861 2,39 2,18 1,962 2,166 2,92 2,1 2,96 2,21 2,17 (1.8%) 3.% Saudi Arabia 8,125 8,594 8,37 8,11 8,357 7,276 7,595 8,1 8,468 8,365 7,911 7,968 8,66 8,333 8, % 12.% Middle East 12,7 11,879 12,527 12,198 12,415 11,744 11,976 12,188 11,742 12,242 12,699 13,537 15,321 16,183 16,87 (.6%) 22.5% North Africa *2 *2 2,9 3,76 3,245 3,341 3,268 2,943 2,878 1,951 2,62 2,127 1,743 1,71 1,727 2,214 2, % 3.5% West Africa *2 *2 4,134 4,48 4,797 4,961 4,712 4,531 4,755 4,759 4,724 4,59 4,849 4,88 4,41 4,582 4,572 (.2%) 6.4% Asia Pacific 4,349 4,429 4,567 6,4 5,392 5,631 6,226 6,88 6,299 6,37 6,45 6,78 7,356 7,716 7,527 (2.5%) 1.6% Rest of World 1,638 1,543 1,362 1,675 1,385 1, (5.9%).8% Total World 51,224 53,113 54,593 57,411 56,561 54,3 55,346 56,72 56,76 58,776 59,328 62,515 66,526 69,633 71, % 1.% Source: BP BP Statistical Review of World Energy June 19, etc. *1 Annual changes and shares of total are calculated using thousand barrels daily figures. *2 North and West African exports excludes intra-africa trade. : BPBP Statistical Review of World Energy June 19 *1 / *2 Market Data Volume of global trade 18 (LNG) LNG18 From Export Countries Trinidad & Other Other Europe** Russian UAE Other Asia Papua New Pacific** Total Tobago Americas** Federation Other Africa Australia Indonesia Guinea Imports To Import U.S.** Peru Norway Oman Qatar Yemen Algeria Angola Egypt Nigeria Brunei Malaysia Countries ** ** ** ** North America Canada *.4.1 *.1.6 Mexico U.S Central, South America Argentina Brazil Chile Other countries Europe & Eurasia Belgium.1 * France * Italy.5.1 * Spain Turkey United Kingdom Other EU EU Rest of Europe * * Middle East & Africa Egypt Kuwait UAE Other Middle East & Africa Asia Pacific China * India Japan Malaysia Pakistan Singapore South Korea Taiwan Thailand Other Asia Pacific.8.8 Total Exports Source: BP BP Statistical Review of World Energy June 19 * Less than.5 ** Includes re-exports : BPBP Statistical Review of World Energy June 19 *.5 ** (Billion m 3 m

6 Market Data Market Data (Japan) and natural gas production (Japan) Thousand kl kl 1, ,729 3, ,555 3, , , ,334 2,752 2,814 2, , , ,746 2, Million m 3 m 3 4, 2,797 2, , 2, 1, Thousand klkl Thousand bbl/day Million m Natural gas 3 m 3 2,752 2,814 2,957 3,14 3,48 3,729 3,76 3,555 3,343 3,334 3,177 2,94 2,746 2,715 2,797 2,926 Thousand boe/day * Source: Handbook of Energy and Economics Statistics in Japan 19 * Data calculated from Handbook of Energy and Economics Statics in Japan *19 Primary energy supply (Japan) 1 1 kcal 6, 548,641 55, , , , ,8 552,231 5, 517, , , ,86 518,47 52,9 499,39 492, ,865 4, 3,, 1, 1 1 kcal Renewables, etc. 7,573 7,937 7,94 9,269 9,41 9,679 9,335 9,91 1,686 1,965 11,314 14,72 16,193 18,273 18,282 19,87 Nuclear power 63,445 51,63 6,725 64,139 63,859 55,526 54,326 58,876 6,661 21,417 3,355 1,93 1,958 3,746 6,827 Hydroelectricity 18,367 21,248,964 16,417 18,858 15,88 16,379 16,65 17,746 18,15 16,277 16,58 17,374 18,127 16,85 17,765 74,321 78,964 78,427 78,86 86,119 92,968 92,721 9,242 95, , ,62 117, , , , , , ,8 275, ,18 268, , ,71 235, , ,55 247,714 24, , , ,97 216,44 Coal 19, , , ,67 117, ,593 1,76 16,364 1, ,27 118, ,87 123, , , ,78 Total 548,641 55, , , , ,8 552, , , , ,86 518,47 52,9 499,39 492, ,865 Source: Handbook of Energy and Economics Statistics in Japan Petroleum product demand by sector (Japan) (Million tons (Million tons Electric power Non-energy* * Transportation Household Industrial (Manufacturing) Industrial (Nonmanufacturing) Demand Total Source: Handbook of Energy and Economics Statistics in Japan 19 * Grease, Paraffin, Asphalt and Lubricant 19 * 5 INPEX CORPORATION Fact Book 19

7 imports to Japan by supply country Thousand kl kl 3, 25, 241, , ,85 249,1 238, ,29 234,46 211, ,357, 15, 1, 9, ,26 21, , , ,47 185,91 Market Data 5, Saudi Arabia 54,228 55,74 63,38 72,789 69,149 66,873 66,136 62,384 62,562 64,95 64,123 64,63 63,523 65,732 71,417 72,943 UAE 55,496 59,479 6,456 61,89 62,496 57,678 53,517 45,182 44,767 47,126 46,626 47,83 48,69 49,172 45,294 45,894 Iran 33,418 39,57 36,382 32,425 26,889 29,546 27,849 23,2,944 16,259 1,114 9,655 1,17 9,66 13,345 9,63 Iraq 456 3,312 3,636 1,742 2,259 2,161 3,82 4,782 6,986 4,578 4,428 3,395 2,555 3,119 4,681 3,448 Qatar 22,283 23,772 21,842 23,511 24,79 25,914 25,826 25,641 24,877 21,327 24,73 27,43 18,644 16,44 16,587 14,95 Kuwait 16,81 18,2 17,887 17,872 16,874 16,677 19,57 16,318 14,938 14,578 15,576 15,153 13,41 15,127 12,61 13,531 Neutral zone* * 9,527 8,81 5,64 4,952 5,24 4,541 4,117 4,174 4,118 4,245 4,439 3,413 2, Other Middle East 14,58 7,857 7,117 7,396 4,65 5,833 5,754 8,15 6,55 4,923 6,14 4,417 2, ,649 2,71 Indonesia 9,716 8,871 7,893 7,646 6,66 7,858 6,419 4,193 5,155 7,357 7,652 6,85 5,14 4,253 2,712 2,68 Other Southeast Asia 5,168 4,881 4,15 4,494 3,343 4,87 4,62 2,268 2,258 5,763 6,783 4,518 3,36 2,827 1,845 1,958 Russia 88 1,689 1,583 1,736 3,792 8,423 8,734 9,629 15,171 8,629 11,167 15,5 16,316 15,672 11,73 9,729 Africa 11,291 6,253 9,965 1,56 9,444 8,132 5,83 3,37 2,986 5,983 6,267 4,256 3,6 1, Other 8,576 6,515 2,11 3,32 3,242 3,584 3,539 2,698 3,91 3,456 3,675 3,848 6,319 9,664 8,682 8,939 Total Imports 241, , ,85 249,1 238, ,29 234,46 211, ,357 9, ,26 21, , , ,47 185,91 Source: Handbook of Energy and Economics Statistics in Japan 19 * Saudi Kuwaiti neutral zone 19 * Thousand klkl LNG imports to Japan by supply countrylng Thousand tons 1, 83,183 86,865 87,731 89,71 83,571 84,749 83,888 75, 5, 55,18 58,538 58,18 57,917 63,39 68,36 68,135 66,354 7,562 25, (Thousand tons Other* * Papua New Guinea 3,43 4,18 4,17 3,966 Angola Brazil 5 Peru Yemen Russia 4,339 5,978 7,772 8,366 8,584 8,514 7,16 7,79 7,62 Equatorial Guinea 561 1,174 1, ,124 2,85 1, Norway Egypt ,627 1, , Nigeria , 1, ,337 4,531 3,892 5,18 3,717 1,81 1,36 Trinidad & Tobago Oman 867 1,656 1,14 1,11 2,864 3,699 3,64 2,785 2,661 4,227 3,794 4,229 3,2 2,491 2,526 2,837 Qatar 6,64 6,68 6,762 6,396 7,77 8,129 8,95 8,11 7,7 14,31 15,252 16,173 16,5 13,212 11,97 9,863 Algeria Australia 7,212 7,644 8,612 1,456 12,66 11,816 12,174 12,457 13,248 13,592 17,57 18,377 18,336 19,123 23,52 26,826 Malaysia 1,881 12,219 13,154 13,136 12,2 13,252 13,339 12,57 14,617 15,126 14,269 15,5 15,316 15,62 15,549 14,239 Indonesia 17,522 17,49 15,545 13,813 13,951 13,65 13,949 12,746 12,93 7,96 5,776 6,568 5,184 6,392 6,652 6,663 UAE 4,633 5,256 5,17 5,371 5,262 5,571 5,549 5,92 5,85 5,638 5,544 5,282 5,695 5,639 4,863 4,739 Brunei 6,11 6,367 6,357 6,165 6,393 6,641 6,11 5,988 5,94 6,176 5,914 4,772 4,431 4,72 4,44 4,13 U.S. 1,253 1,242 1,21 1,25 1, Total Imports 55,18 58,538 58,18 57,917 63,39 68,36 68,135 66,354 7,562 83,183 86,865 87,731 89,71 83,571 84,749 83,888 Source: Handbook of Energy and Economics Statistics in Japan 19 * Includes France, Spain, Belgium, Netherlands, Korea and Singapore 19 * 19 6

8 Market Data Market Data (Japan) LNG consumption by sector (Japan)LNG (Thousand tons 8, 6, 54,561 56,688 56,48 55,18 61,465 66,83 65,183 64,737 67,714 79,666 82,791 82,86 83,76 79,58 83,238 8,959 4,, City gas 16,647 17,625 18,878,539 23,288 24,697 24,148 23,847 25,321 26,15 26,36 25,771 26,216 26,314 27,55 28,37 Electric power 37,914 39,63 37,17 34,641 38,177 42,16 41,35 4,89 42,393 53,561 56,431 57,35 57,49 53,194 55,688 52,922 Total* * 54,561 56,688 56,48 55,18 61,465 66,83 65,183 64,737 67,714 79,666 82,791 82,86 83,76 79,58 83,238 8,959 Imports 55,18 58,538 58,18 57,917 63,39 68,36 68,135 66,354 7,562 83,183 86,865 87,731 89,73 83,571 84,749 83,888 Source: Handbook of Energy and Economics Statistics in Japan 19 * Total amount of city gas and electric power. Data calculated from Handbook of Energy and Economics Statics in Japan 19. (Thousand tons 19 * 19 Breakdown of city gas production, purchases in Japan by raw material source 1 6 MJ 2,5, 2,, 1,814,65 1,997,579 1,971,867 1,959,639 2,94,791 2,173,8 2,159,224 2,13,898 2,118,353 2,17,69 2,272,178 2,295,592 1,5, 1,, 1,168,768 1,213,81 1,288,754 1,394,13 5, 1 6 MJ Others Natural gas 67,775 72,95 76,618 85,627 5, ,8 256, , , ,56 23, , , ,426 21,829 5,261 LNG LNG 982,183 1,4,721 1,122,4 1,229,63 1,553,654 1,681,577 1,665,757 1,66,226 1,84,873 1,872,865 1,868,354 1,824,421 1,838,784 1,843,478 2,6,735 2,29,262 Coal-based gas 7,876 5,74 2,732 1,994 -based gas 11,899 93,715 87,33 76,744 54,282 53,594 49,664 49,937 54,196 58,699 59,967 61,493 64,472 52,576 54,24 6,91 Total 1,168,768 1,213,81 1,288,754 1,394,13 1,814,65 1,997,579 1,971,867 1,959,639 2,94,791 2,173,8 2,159,224 2,13,898 2,118,353 2,17,69 2,272,178 2,295,592 Source: Handbook of Energy and Economics Statistics in Japan sales volume by sector (Japan) 1 6 MJ 2,, 1,5, 1,, 1,148,393 1,197,821 1,261,62 1,514,732 1,358,758 1,6,917 1,562,638 1,546,296 1,644,363 1,69,658 1,688,314 1,666,8 1,681,126 1,67,7 1,738,455 1,778,633 5, 1 6 MJ Others 1,148 12, ,1 119, , ,85 1,538 1,899 13, , ,58 149, , , ,58 155,272 Industrial 461,423 53, , , , ,26 838, ,458 94, , ,42 929,97 952,19 963,93 1,12,932 1,27,25 Commercial 181, , ,226 4,779,639 7, , , , , , ,77 181, ,3 18, ,889 Residential 44,93 46, , ,571 48, ,28 43,778 43,64 49,77 49,873 41, ,927 41,93 386, , ,447 Total 1,148,393 1,197,821 1,261,62 1,358,758 1,514,732 1,6,917 1,562,638 1,546,296 1,644,363 1,69,658 1,688,314 1,666,8 1,681,126 1,67,7 1,738,455 1,778,633 Source: Handbook of Energy and Economics Statistics in Japan INPEX CORPORATION Fact Book 19

9 Index Data Profitability Indices (Consolidated) ( million ) Years ended March Net sales 1,2,965 1,76,164 84, ,8 1,186,731 1,216,533 1,334,625 1,171,226 1,9, , ,71 971, ,465 65, ,9 557,91 726, , ,753 73, , ,194 71, ,695 Natural gas 391,9 398, , , ,65 397, , , , ,575 8,12 17,71 Other 28,49 27,545 27,94 28,921 31,443 3,631,457 18,944 13,561 14,653 15,322 17,983 Cost of sales 39, ,38 298, , , ,326 49, , , , ,39 413,3 Gross profit 812,41 757, ,259 68, ,288 79,6 844,9 645, ,86 4, , ,88 Operating income 714, , , ,742 79, , ,61 534,886 39, , , ,281 Net income attributable to 173, ,62 17,21 128, , 182, ,69 77,8 16,777 46,168 4,362 96,16 owners of parent EBIDAX* EBIDAX* 382, , , , ,595 35,9 42,178 33, , , , ,423 Gross margin 67.5% 7.4% 64.5% 64.5% 66.7% 65.% 63.3% 55.1% 47.8% 48.1% 46.7% 57.5% Operating margin 59.4% 61.6% 54.9% 56.2% 59.8% 57.% 55.% 45.7% 38.6% 38.5% 38.3% 48.8% Net margin 14.4% 13.5% 12.8% 13.6% 16.3% 15.% 13.8% 6.6% 1.7% 5.3% 4.3% 9.9% * Earnings before interest, depreciation and amortization, and exploration Net sales Cost of sales * Gross profit, Gross margin Index Data million 1,5, 1,334,625 1,2,965 1,186,731 1,216,533,457 28,49 1,, 1,76,164 31,443 3,631 1,171,226 18,944 27,545 1,9, ,8 455,414 13, ,9 84,427 28, , , ,71 971, ,65 421,859 15,322 17,983 9, 398,266 27,94 14, ,761 17,71 8,12 356, , ,412 6, million 6, 45, 3, 525, ,757 49, ,39 39, , , , ,3 334, ,38 298,167 million 1,, 8, 6, 4, 844,9 812,41 791,288 79,6 757, % 68, % 64.5% 66.7% 65.% 63.3% 645, ,88 7.4% 55.1% 57.5% 542, ,86 4, , % 48.1% 46.7% , 783, , , , ,695 65,352 73, ,241 71, , ,9 557,91 15,, 8/3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 8/3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 8/3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 Other Gross profit Natural gas Gross margin Operating income, Operating margin million 8, 6, 4,, 714, ,61 79, , , % 529, % 54.9% 56.2% 57.% 55.% 61.6% 461,667 million 8 6 4, 15, 1, 5, 8/3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 8/3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 8/3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 Operating income Operating margin 534, % 474, % 39, , , % 38.5% 38.3% Net income attributable to owners of parent, Net margin 173,245 Net income attributable to owners of parent Net margin 194, 182, ,69 145,62 128,699 17,21 96, % 14.4% 15.% 13.8% 77,8 13.5% 12.8% 13.6% 9.9% 46,168 4, % 16, % 6.6% 1.7% EBIDAX EBIDAX million 4, 3,, 1, 382, , , , ,595 35,9 42,178 33, , , , ,423 XXXX EBIDAX = Net income (including non-controlling interests) + Deferred tax + (1 Tax rate) x (Interest expense Interest income) + Foreign exchange gain and loss + Depreciation and amortization + Amortization of goodwill + Recovery of recoverable accounts under production sharing (capital expenditures) + Exploration expenses + Provision for exploration projects + Provision for allowance for recoverable accounts under production sharing Gain on reversal of allowance for recoverable accounts under production sharing + Impairment loss Gross margin = Gross profit / Net sales Operating margin = Operating income / Net sales Net margin = Net income attributable to owners of parent / Net sales EBIDAX

10 Index Data Efficiency Indices (Consolidated) Years ended March Total assets turnover (Times) Net assets turnover (Times) Return on equity (ROE) ROE 15.8% 11.9% 8.1% 7.6% 9.3% 7.9% 7.% 2.7%.6% 1.6% 1.4% 3.2% Net return on average capital employed (Net ROACE) ROACE 21.4% 14.6% 1.5% 1.8% 16.% 11.2% 8.6% 2.7% (1.%) 1.7% (.%) 2.7% Return on assets (ROA) ROA 1.1% 8.1% 5.7% 5.5% 6.8% 5.5% 4.8% 1.8%.4% 1.1%.9% 2.1% Return on equity (ROE) ROE Return on assets (ROA) ROA 15.8% % % 9.3% 7.6% 7.9% 7.% 2.7%.6% 1.6% 1.4% 3.2% 8/3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/ % 8.1% 6.8% 5.7% 5.5% 5.5% 4.8% 1.8%.4% 1.1% 2.1%.9% 8/3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 Productivity Indices (Consolidated) ( million ) Years ended March Number of employees (People) (End of the fiscal year) 1,724 1,814 1,87 1,854 2,146 2,455 2,874 3,178 3,449 3,228 3,189 3,118 Net sales per employee Operating income per employee Ordinary income per employee Net income per employee Number of employees (End of the fiscal year) People 4, 3, 2, 1, 2,455 2,146 1,724 1,814 1,87 1,854 3,449 3,178 3,228 3,189 3,118 2,874 8/3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 Net sales per employee million /3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/ Net income per employee million /3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/ XX Total assets turnover = Net sales / Average of total assets at the beginning and end of the fiscal year Net assets turnover = Net sales / Average of net assets at the beginning and end of the fiscal year ROE = Net income attributable to owners of parent / Average of net assets excluding non-controlling interests* at the beginning and end of the fiscal year Net ROACE = (Net income (including non-controlling interests) + (Interest expense Interest income) (1 Tax rate)) / Average of sum of net assets and net debt* at the beginning and end of the fiscal year ROA = Net income attributable to owners of parent / Average of total assets at the beginning and end of the fiscal year Net sales per employee = Net sales / Average number of employees at the beginning and end of the fiscal year Operating income per employee = Operating income / Average number of employees at the beginning and end of the fiscal year Ordinary income per employee = Ordinary income / Average number of employees at the beginning and end of the fiscal year Net income per employee = Net income attributable to owners of parent / Average number of employees at the beginning and end of the fiscal year * See page 1 = = ROE* ROACE 1* ROA *1 9 INPEX CORPORATION Fact Book 19

11 Stability Indices (Consolidated) Years ended March Total assets 1,87,9 1,768,44 2,13,778 2,68,379 3,66,397 3,616,158 4,38,139 4,499,153 4,369,841 4,312,174 4,252,386 4,793,545 Net assets excluding non-controlling interests 1,157,37 1,271,122 1,387,499 1,996,888 2,179,251 2,481,292 2,791,18 3,66,68 2,932,892 2,943,169 2,916,68 3,6,48 Interest-bearing debt 194,87 164,246 24, , , , , , , , ,577 1,141,197 Net debt (328,351) (324,18) (349,211) (688,86) (874,116) (815,36) (725,329) (472,194) (239,311) 29, ,474 91,521 Equity ratio 64.% 71.9% 68.9% 74.5% 71.1% 68.6% 69.1% 68.2% 67.1% 68.3% 68.6% 62.7% Current ratio 174% % 216% 194% 247% 267% 34% 368% 38% 317% 152% 123% Fixed ratio 17% 17% 11% 11% 99% 11% 14% 13% 115% 114% 13% 144% D/E ratio 16.8% 12.9% 17.3% 13.7% 14.6% 19.2%.9% 22.1% 25.3% 23.4% 24.% 38.% Interest-bearing debt / Total capital employed 13.5% 1.8% 13.9% 11.5% 12.1% 15.1% 16.3% 17.1% 18.9% 17.7% 18.1% 25.9% Net debt / Net total capital employed (36.1%) (31.2%) (3.6%) (48.9%) (6.7%) (43.9%) (31.9%) (16.8%) (8.1%).9% 11.8% 21.7% Total assets million 4,8, 3,6, 2,4, 1,, 1,87,9 1,768,44 2,13,778 2,68,379 3,66,397 3,616,158 4,38,139 4,499,153 4,369,841 4,312,174 4,252,386 4,793,545 Net assets excluding non-controlling interests, Equity ratio million 3,5, 2,8, 2,1, 1,4, 7, 3,66,68 2,943,169 2,932,892 3,6,48 2,916,68 2,791, % 74.5% 68.9% 71.1% 2,481, % 68.2% 67.1% 68.3% 68.6% 64.% 1,996,888 2,179, % 68.6% 1,387,499 1,271,122 1,157,37 Interest-bearing debt, D/E ratio million ,, 9, 6, 3, ( million ) 741, , , , , , % 23.4% 16.8% 17.3% 22.1% 24.% 13.7% 14.6%.9% 12.9% 19.2% 318, ,147 24, ,87 164,246 1,141, % Index Data 8/3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 8/3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 8/3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 Net assets excluding non-controlling interests Equity ratio Interest-bearing debt D/E ratio Current ratio Fixed ratio Net debt, Net debt / Net total capital employed million 45 1,, 91, % 75, % 247% 267% % 216% 174% 194% 317% 38% 152% 123% % 17% 11% 11% 99% 11% 14% 13% 115% 114% 144% 13% 5, 25, 25, 5, 75, 422,474 29, % 328, ,18 349, ,86 874, ,36 725, , , %.9% 8.1% 3.6% 16.8% 31.2% 48.9% 31.9% 36.1% 6.7% 43.9% /3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 8/3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 1,, 8/3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 8 Net debt Net debt / Net total capital employed Net assets excluding non-controlling interests = Net assets Non-controlling interests Interest-bearing debt = Short-term loans + Long-term debt Net debt = Interest-bearing debt Cash and cash equivalents Time deposits Certificate of deposits Public and corporate bonds and other debt securities with determinable value Long-term time deposits Equity ratio = Net assets excluding non-controlling interests / Total assets Current ratio = Current assets / Current liabilities Fixed ratio = Fixed assets / Net assets excluding non-controlling interests D/E ratio = Interest-bearing debt / Net assets excluding non-controlling interests Interest-bearing debt / Total capital employed = Interest-bearing debt / (Net assets + Interest-bearing debt) Net debt / Net total capital employed = Net debt / (Net assets + Net debt) "Partial Amendments to Accounting Standard for Tax Effect Accounting" (ASBJ Statement No. 28, February 16, 18) was retrospectively applied to the balances as of March 31,

12 Index Data Performance Indices (Consolidated) Years ended March Earnings per share (EPS) EPS Net assets excluding non-controlling interests per share 1, , , , , , , , ,8.34 2, , ,58.95 Cash flow per share Cash dividends per share Price earnings ratio (PER) (Times) PER Price book-value ratio (PBR) (Times) PBR Price cash flow ratio (PCFR) (Times) PCFR Payout ratio 1.2% 13.% 12.1% 14.7% 13.2% 14.% 14.3% 33.8% 156.7% 56.9% 65.1% 36.5% Earnings per share (EPS) EPS Cash dividends per share Price earnings ratio (PER) PER Times /3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 8/3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 8/3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 Price book-value ratio (PBR) PBR Price cash flow ratio (PCFR) PCFR Payout ratio Times 4 Times % 65.1% % % 13.% 12.1% 14.7% 13.2% 14.% 14.3% 33.8% 36.5% 8/3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 8/3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 8/3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 EPS = Net income attributable to owners of parent / Average number of shares during the fiscal year Net assets excluding non-controlling interests per share = Net assets excluding non-controlling interests / Number of shares issued at the end of the fiscal year Cash flow per share = Cash flows from operating activities / Average number of shares during the fiscal year PER = Stock price (end of the fiscal year) / EPS PBR = Stock price (end of the fiscal year) / Net assets excluding non-controlling interests per share PCFR = Stock price (end of the fiscal year) / Cash flow per share Payout ratio = Cash dividends per share / EPS The Company conducted a stock split at a ratio of 1:4 of common stock with October 1, 13 as the effective date. Amounts per share are calculated based on the assumption that the stock split was conducted on April 1, INPEX CORPORATION Fact Book 19

13 Reserves / Production Indices (Consolidated) Years ended March Net proved reserves (MMboe) 1,645 1,598 1,475 1,38 2,432 2,188 2,532 2,434 3,264 3,34 3,857 4,1 Net probable reserves (MMboe) 2,721 3,176 2,929 2,818 1,823 1,97 1,945 1,61 1,75 1,389 1,443 1,2 Net production (Thousand boe/day) Reserves to production ratio (Years) Proved reserves Proved reserves + Probable reserves Reserve replacement ratio (3-year average, %) 3% 122% 61% 35% 25% 282% 255% 37% 1% 321% 246% 362% 246% Average expenses per boe produced (U.S.$) 1 Production cost Production cost (Excluding royalty) Selling, general and administrative expenses (Upstream related) Finding and development cost per boe 1 (3-year average, U.S.$) Exploration success ratio (3-year average, %) 3% 57.9% 56.3% 64.5% 46.8% 5.6% 45.% 59.5% 52.9% 45.3% 43.8% 21.% 6.7% Net proved reserves, Net probable reserves MMboe 6, 4,5 3, 1,5 5,3 5,212 4,97 4,774 1,443 4,693 1,2 4,366 4,44 4,477 1,75 3,176 4,126 4,256 1,389 2,721 2,929 4,95 1,945 4,44 2,818 1,823 1,97 1,61 3,857 4,1 1,645 1,598 1,475 1,38 2,432 2,532 2,434 2,188 3,264 3,34 8/3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 Net probable reserves Net proved reserves Reserves to production ratio (Proved reserves, Proved reserves + Probable reserves) Years /3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 Proved reserves Probable reserves Proved reserves Reserve replacement ratio (3-year average, %) 3% % 61% 35% 25% 282% 255% 37% 1% 321% 362% 246% 246% 8/3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 Index Data Average expenses per boe produced Production cost, Selling, general and administrative expenses 1 U.S.$ /3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 Production cost 17.6 Production cost (Excluding royalty) Selling, general and administrative expenses (Upstream related) Finding and development cost per boe (3-year average, U.S.$) 1 3 U.S.$ /3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/ Exploration success ratio (3-year average, %) 3% % 56.3% 64.5% 46.8% 5.6% 45.% 59.5% 52.9% 45.3% 43.8% 21.% 6.7% 8/3 9/3 1/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 Reserves to production ratio (Years) = Reserves as of the end of the fiscal year / Production in the fiscal year Reserve replacement ratio = Proved reserves increase including acquisition / Production Finding and development cost per boe = The sum of total costs incurred for exploration and development of oil and gas fields and total costs incurred for acquisitions / The sum of proved reserve extensions, acquisitions and revisions Exploration success ratio = The number of net productive exploratory wells drilled / The number of net exploratory wells drilled Exploratory well: An exploratory well is a well drilled to find a new field, to find a new reservoir in a field previously found to be productive of oil or gas in another reservoir or to extend the limits of a known reservoir. 1 = : 17 Please refer to the footnotes on page

14 Operating Data Oil and Reserves Proved reserves Japan Asia & Oceania Eurasia (Europe & NIS) NIS Middle East & Africa Americas (MMbbl) (Bcf)cf Interest in reserves held by equitymethod Subtotal affiliates Total As of March 31, , , ,88 3,346 Extensions and discoveries (2) (1) Acquisitions and sales (12) 6 5 (6) 5 (6) 5 Revisions of previous estimates () (14) (3) (1) (1) Interim production (1) (6) (16) (37) (9) (3) (1) (3) (57) (397) (23) (81) (397) As of March 31, , , ,48 3,3 INPEX CORPORATION and consolidated subsidiaries As of March 31, , ,795 Extensions and discoveries 5 5 Acquisitions and sales Revisions of previous estimates (1) Interim production (1) (57) (17) (319) (1) (27) (2) (32) (57) (48) As of March 31, , ,495 Interest in reserves held by equity-method affiliates As of March 31, Extensions and discoveries Acquisitions and sales Revisions of previous estimates () (3) (2) (1) () (2) (3) Interim production () (21) (1) () (22) () As of March 31, As of March 31, , ,97 INPEX CORPORATION and consolidated subsidiaries As of March 31, , ,495 Extensions and discoveries Acquisitions and sales (6) (37) 7 (3) (2) (37) Revisions of previous estimates 4 (1) 6 (3) 2 8 (98) Interim production (1) (46) (24) (35) (1) (27) (1) (3) (63) (38) As of March 31, , ,98 Interest in reserves held by equity-method affiliates As of March 31, Extensions and discoveries Acquisitions and sales Revisions of previous estimates 16 (1) (1) 16 Interim production () () (23) (2) () (24) (21) As of March 31, As of March 31, , ,451 INPEX CORPORATION and consolidated subsidiaries As of March 31, , ,98 Extensions and discoveries 19 5, ,364 Acquisitions and sales (2) (2) Revisions of previous estimates (13) 1 59 (7) 327 Interim production (1) (47) (23) (243) (9) (31) () (26) (64) (316) As of March 31, , ,354 Interest in reserves held by equity-method affiliates As of March 31, Extensions and discoveries Acquisitions and sales Revisions of previous estimates 1 (9) (7) () (6) (9) Interim production () (22) (26) (2) () (27) (23) As of March 31, As of March 31, , ,793 INPEX CORPORATION and consolidated subsidiaries As of March 31, , ,354 Extensions and discoveries Acquisitions and sales (24) (698) 9 7 (15) (691) Revisions of previous estimates 7 (1) (92) () Interim production (1) (49) (21) (212) (9) (31) () (24) (63) (284) As of March 31, , ,454 Interest in reserves held by equity-method affiliates As of March 31, Extensions and discoveries Acquisitions and sales 1 1 Revisions of previous estimates (116) (116) Interim production () (19) (27) (27) (19) As of March 31, As of March 31, , ,768 INPEX CORPORATION and consolidated subsidiaries As of March 31, , ,454 Extensions and discoveries Acquisitions and sales Revisions of previous estimates () (8) (15) 2 () 7 23 (4) Interim production (1) (46) (17) (217) (1) (31) () (37) (59) (3) As of March 31, , ,157 6,437 Interest in reserves held by equity-method affiliates As of March 31, Extensions and discoveries Acquisitions and sales Revisions of previous estimates (1) (1) 3 (1) 1 (1) Interim production () (15) (3) () () (31) (15) As of March 31, As of March 31, , ,278 6,735 INPEX CORPORATION and consolidated subsidiaries As of March 31, , ,157 6,437 Extensions and discoveries Acquisitions and sales (9) (269) 1 1 (8) (268) Revisions of previous estimates () (9) (16) () 29 (2) 14 Interim production (1) (42) (15) (217) (1) (31) () (38) (58) (296) As of March 31, , ,123 6, (continued on page 14) 13 INPEX CORPORATION Fact Book 19

15 (continued from page 13) 13 Interest in reserves held by equity-method affiliates As of March 31, Extensions and discoveries 5 5 Acquisitions and sales Revisions of previous estimates () 9 (1) (3) () (4) 8 Interim production () (24) (31) (1) () (31) (24) As of March 31, As of March 31, , ,213 6,561 INPEX CORPORATION and consolidated subsidiaries As of March 31, , ,123 6,258 Extensions and discoveries Acquisitions and sales Revisions of previous estimates () 1 (73) 3 (6) 37 () (16) 41 (24) Interim production (1) (44) (17) (243) (12) (32) (2) (32) (64) (319) As of March 31, , , ,75 5,7 Interest in reserves held by equity-method affiliates As of March 31, Extensions and discoveries 2 2 Acquisitions and sales Revisions of previous estimates () 44 9 () () 9 44 Interim production () (22) (32) (1) () (33) (22) As of March 31, As of March 31, , , ,143 6,25 INPEX CORPORATION and consolidated subsidiaries As of March 31, , , ,75 5,7 Extensions and discoveries Acquisitions and sales Revisions of previous estimates () (15) () (37) Interim production (1) (46) (11) (222) (11) (2) (64) (2) (16) (89) (286) As of March 31, , , ,173 5,56 Interest in reserves held by equity-method affiliates As of March 31, Extensions and discoveries Acquisitions and sales Revisions of previous estimates (19) (1) (1) (19) Interim production () () (34) (34) () As of March 31, As of March 31, , , ,21 5,891 INPEX CORPORATION and consolidated subsidiaries As of March 31, , , ,173 5,56 Extensions and discoveries Acquisitions and sales (7) (53) (53) Revisions of previous estimates (3) (38) Interim production (1) (51) (6) (141) (14) (8) (63) (1) (41) (85) (242) As of March 31, , , ,732 5,583 Interest in reserves held by equity-method affiliates As of March 31, Extensions and discoveries Acquisitions and sales 2 2 Revisions of previous estimates Interim production () (18) (1) (29) () () (31) (18) As of March 31, As of March 31, , , ,747 5,976 INPEX CORPORATION and consolidated subsidiaries As of March 31, , , ,732 5,583 Extensions and discoveries Acquisitions and sales Revisions of previous estimates () (3) (1) Interim production (1) (48) (7) (126) (15) (1) (82) (1) (23) (16) (217) As of March 31, , , ,845 5,849 Interest in reserves held by equity-method affiliates As of March 31, Extensions and discoveries Acquisitions and sales Revisions of previous estimates () (44) (44) Interim production () () (2) (2) () () (5) () As of March 31, As of March 31, , , ,864 6,179 Operating Data Proved developed reserves** Japan Asia & Oceania Eurasia (Europe & NIS) NIS Middle East & Africa Americas (MMbbl) (Bcf)cf Interest in reserves held by equitymethod Subtotal affiliates Total As of March 31, , , ,7 As of March 31, , ,799 INPEX CORPORATION and consolidated subsidiaries As of March 31, , ,58 As of March 31, ,757 As of March 31, ,514 As of March 31, ,375 As of March 31, ,96 As of March 31, ,146 As of March 31, , , As of March 31, , ,341 1,17 As of March 31, , ,838 1,2 As of March 31, , , ,916 4,462 Interest in reserves held by equity-method affiliates As of March 31, As of March 31, As of March 31, As of March 31, As of March 31, As of March 31, As of March 31, As of March 31, As of March 31, As of March 31, * The amount of proved reserves expected to be recovered through existing wells with existing equipment and operating methods * 19 14

16 Operating Data Oil and Reserves Proved undeveloped reserves Japan Asia & Oceania Eurasia (Europe & NIS) NIS Middle East & Africa Americas (MMbbl) (Bcf)cf INPEX CORPORATION and consolidated subsidiaries As of March 31, As of March 31, As of March 31, , ,84 As of March 31, , ,79 As of March 31, , ,341 As of March 31, , ,112 As of March 31, , ,796 As of March 31, , ,4 As of March 31, , ,581 As of March 31, , ,387 Interest in reserves held by equity-method affiliates As of March 31, As of March 31, As of March 31, As of March 31, () As of March 31, As of March 31, As of March 31, As of March 31, As of March 31, As of March 31, Total Probable reserves Japan Asia & Oceania Eurasia (Europe & NIS) NIS Middle East & Africa Americas (MMbbl) (Bcf)cf Interest in reserves held by equitymethod Subtotal affiliates Total As of March 31, , ,1 8, ,274 8,682 As of March 31, , ,487 9, ,63 9,442 As of March 31, , ,434 8, ,476 8,716 As of March 31, , ,358 8, ,393 8,554 As of March 31, , , ,38 As of March 31, , , ,275 As of March 31, , , ,27 As of March 31, , , ,987 As of March 31, , , ,74 As of March 31, , , ,827 As of March 31, , , ,87 As of March 31, , , ,948 Standardized measure of discounted future net cash flows related to proved oil and gas reserves Total Japan Asia & Oceania Eurasia (Europe & NIS) NIS Middle East & Africa ( million ) As of March 31, 8 (Exchange Rate: 1. per U.S.$) INPEX CORPORATION and consolidated subsidiaries Future cash inflows 1,784,73 879,942 3,55,125 2,3,128 4,792,848 26,3 Future production and development costs (2,693,818) (153,954) (751,518) (487,55) (1,279,92) (,894) Future income tax expenses (4,882,34) (145,218) (1,11,368) (384,543) (3,339,299) (1,912) Future net cash flows 3,7,915 58,77 1,292,239 1,158,35 173,647 3,224 1% annual discount for estimated timing of cash flows 1% (1,583,464) (31,255) (423,485) (765,939) (82,64) (1,181) Standardized measure of discounted future net cash flows 1,624,451 27, , ,96 91,43 2,43 Share of equity-method investees standardized measure of discounted future net cash flows 77,355 43,219 18,68 15,456 As of March 31, 9 (Exchange Rate: per U.S.$) INPEX CORPORATION and consolidated subsidiaries Future cash inflows 5,89, ,124 1,547, ,338 2,34,41 52,854 Future production and development costs (2,179,952) (141,3) (76,891) (425,575) (876,844) (29,439) Future income tax expenses (1,74,618) (169,144) (341,36) (89,52) (1,98,893) (6,493) Future net cash flows 1,4, , , ,711 58,664 16,922 1% annual discount for estimated timing of cash flows 1% (617,598) (178,323) (172,777) (214,198) (48,74) (3,596) Standardized measure of discounted future net cash flows 586, , ,745 59,513 9,96 13,326 Share of equity-method investees standardized measure of discounted future net cash flows 26,275 12,888 13,476 (89) As of March 31, 1 (Exchange Rate: 93.4 per U.S.$) INPEX CORPORATION and consolidated subsidiaries Future cash inflows 6,194, ,648 1,77,919 1,15,581 2,781,641 58,663 Future production and development costs (2,159,84) (128,497) (648,877) (485,115) (87,46) (27,36) Future income tax expenses (2,548,2) (117,1) (449,341) (149,413) (1,8,429) (11,837) Future net cash flows 1,486, ,95 69,71 516,53 91,166 19,5 1% annual discount for estimated timing of cash flows 1% (79,314) (121,312) (189,9) (337,759) (56,669) (4,483) Standardized measure of discounted future net cash flows 777,77 128,638 4, ,294 34,497 15,37 Share of equity-method investees standardized measure of discounted future net cash flows Future cash inflows 1,439,84 83,54 1,329,955 25,625 Future production and development costs (59,279) (29,38) (464,24) (15,659) Future income tax expenses (856,117) (19,192) (835,636) (1,289) Future net cash flows 73,688 34,932 3,79 8,677 1% annual discount for estimated timing of cash flows 1% (37,25) (18,384) (16,9) (1,74) Standardized measure of discounted future net cash flows 36,663 16,548 13,179 6,937 Total of standardized measure of discounted future net cash flows 813,74 128, , ,294 47,676 21,974 (continued on page 16) Americas INPEX CORPORATION Fact Book 19