PETROBRAS FIRST HALF 2015 RESULTS

PETROBRAS – FIRST HALF 2015 RESULTS

Rio de Janeiro – August 6, 2015 – FIRST HALF OF 2015 RESULTS – Reviewed by independent auditors, stated in millions of Reais, prepared in accordance with International Financial Reporting Standards – IFRS issued by the International Accounting Standards Board – IASB (a free translation of the original in Portuguese).

Net income was R$ 5,861 million in the 1H-2015, 43% lower than in the 1H-2014.
Operating income was R$ 22,822 million in the 1H-2015, 39% higher than in the 1H-2014.
Adjusted EBITDA was R$ 41,289 million in the 1H-2015, 35% higher than in the 1H-2014.

Net income
R$ 0.5 billion

Production
2.765 Mbbl/d

Adjusted EBITDA
R$ 19.771 million

PETROBRAS 2Q FINANCIAL RESULTS USD

PETROBRAS 2Q 2015 FINANCIAL STATEMENTS (1)