# IMPERIAL OIL LIMITED (IMO) FY2024 Annual P&L / Income Statement

- Company: IMPERIAL OIL LIMITED (IMO)
- Period: 2024-01-01 to 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-19, accession number 0000049938-25-000015
- Page: https://plicit.ai/financials/imo/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/imo-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Business Segment

Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues and other income**: 51,532,000,000 US dollars
- **Total expenses**: 45,293,000,000 US dollars
- **Operating profit (calculated)**: 6,239,000,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **Income (loss) before income taxes**: 6,239,000,000 US dollars
- **Income taxes (note 3)**: 1,449,000,000 US dollars
- **Net income (loss)**: 4,790,000,000 US dollars
- **Upstream**: 18,015,000,000 US dollars
- **Downstream**: 56,944,000,000 US dollars
- **Chemical**: 1,449,000,000 US dollars
- **Exploration (note 15)**: 3,000,000 US dollars
- **Purchase of crude oil and products**: 33,184,000,000 US dollars
- **Production and manufacturing**: 6,599,000,000 US dollars
- **Selling and general**: 945,000,000 US dollars
- **Federal excise tax and fuel charge**: 2,535,000,000 US dollars
- **Depreciation and depletion**: 1,983,000,000 US dollars
- **Non-service pension and postretirement benefit**: 3,000,000 US dollars
- **Financing**: 41,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 76,408,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate and other**: 86,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Eliminations**: negative 24,962,000,000 US dollars. Reported reconciliation to consolidated revenue.

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.