Exxon

BALANCE GENERAL
CUENTA
Cash and cash equivalents
Notes and accounts receivable, less estimated doubtful amounts
Inventories
Other current assets
Total current assets
Investments, advances and long-term receivables
Property, plant and equipment, at cost, less accumulated depreciation and depletion
Other assets, including intangibles, net
Total assets
Current liabilities
Notes and loans payable
Accounts payable and accrued liabilities
Income taxes payable
Total current liabilities
Long-term debt
Postretirement benefits reserves
Deferred income tax liabilities
Long-term obligations to equity companies
Other long-term obligations
Total liabilities
Equity
Common stock without par value
Earnings reinvested
Accumulated other comprehensive income
Common stock held in treasury
ExxonMobil share of equity
Noncontrolling interests
Total equity
Total liabilities and equity

CUENTA
Cash and cash equivalents
Notes and accounts receivable, less estimated doubtful amounts
Inventories
Other current assets
Total current assets
Investments, advances and long-term receivables
Property, plant and equipment, at cost, less accumulated depreciation and depletion
Other assets, including intangibles, net
Total assets
Current liabilities
Notes and loans payable
Accounts payable and accrued liabilities
Income taxes payable
Total current liabilities
Long-term debt
Postretirement benefits reserves
Deferred income tax liabilities
Long-term obligations to equity companies
Other long-term obligations
Total liabilities
Equity
Common stock without par value
Earnings reinvested
Accumulated other comprehensive income
Common stock held in treasury
ExxonMobil share of equity
Noncontrolling interests
Total equity
Total liabilities and equity

ESTADO DE RESULTADOS
Revenues and other income
Sales and other operating revenue
Income from equity affiliates
Other income
Total revenues and other income
Costs and other deductions
Crude oil and product purchases
Production and manufacturing expenses
Selling, general and administrative expenses
Depreciation and depletion 18,745 19,893 22,308 18,048 17,297
Exploration expenses, including dry holes
Non-service pension and postretirement benefit expense
Interest expense
Other taxes and duties
Total costs and other deductions
Income before income taxes
Income taxes
Net income including noncontrolling interests
Net income attributable to noncontrolling interests
NET INCOME

Revenues and other income

Sales and other operating revenue
Income from equity affiliates
Other income
Total revenues and other income
Costs and other deductions
Crude oil and product purchases
Production and manufacturing expenses
Selling, general and administrative expenses
Depreciation and depletion 18,745 19,893 22,308 18,048 17,297
Exploration expenses, including dry holes
Non-service pension and postretirement benefit expense
Interest expense
Other taxes and duties
Total costs and other deductions
Income before income taxes
Income taxes
Net income including noncontrolling interests
Net income attributable to noncontrolling interests
NET INCOME
AÑO 1 (2015) AÑO 2 (2016) VARIACION ABSOLUTA VARIACION RELATIVA Formula
3,705.00 3,657.00 (48.00) (1.30) ((P2/P1)-1)*100
19,875.00 21,394.00 1,519.00 7.64
16,245.00 15,080.00 (1,165.00) (7.17)
1,285.00 2,798.00 1,513.00 117.74
42,623.00 41,416.00 (1,207.00) (2.83)
34,245.00 35,102.00 857.00 2.50
251,605.00 244,224.00 (7,381.00) (2.93)
8,285.00 9,572.00 1,287.00 15.53
336,758.00 330,314.00 (6,444.00) (1.91)

18,762.00 13,830.00 (4,932.00) (26.29)

32,412.00 31,193.00 (1,219.00) (3.76)
2,802.00 2,615.00 (187.00) (6.67)
53,976.00 47,638.00 (6,338.00) (11.74)
19,925.00 28,932.00 9,007.00 45.20
22,647.00 20,680.00 (1,967.00) (8.69)
36,818.00 34,041.00 (2,777.00) (7.54)
5,417.00 5,124.00 (293.00) (5.41)
21,165.00 20,069.00 (1,096.00) (5.18)
159,948.00 156,484.00 (3,464.00) (2.17)

11,612.00 12,157.00 545.00 4.69

412,444.00 407,831.00 (4,613.00) (1.12)
(23,511.00) (22,239.00) 1,272.00 (5.41)
(229,734.00) (230,424.00) (690.00) 0.30
170,811.00 167,325.00 (3,486.00) (2.04)
5,999.00 6,505.00 506.00 8.43
176,830.00 173,830.00 (3,000.00) (1.70)
336,758.00 330,314.00 (6,444.00) (1.91)

AÑO 2 (2016) AÑO 2 (2017) VARIACION ABSOLUTA VARIACION RELATIVA

 3,657.00 3,177.00 (480.00) (13.13)
21,394.00 25,597.00 4,203.00 19.65
15,080.00 16,992.00 1,912.00 12.68
2,798.00 1,368.00 (1,430.00) (51.11)
41,416.00 47,134.00 5,718.00 13.81
35,102.00 39,160.00 4,058.00 11.56
244,224.00 252,630.00 8,406.00 3.44
9,572.00 9,767.00 195.00 2.04
330,314.00 348,691.00 18,377.00 5.56

13,830.00 17,930.00 4,100.00 29.65

31,193.00 36,796.00 5,603.00 17.96
2,615.00 3,045.00 430.00 16.44
47,638.00 57,771.00 10,133.00 21.27
28,932.00 24,406.00 (4,526.00) (15.64)
20,680.00 21,132.00 452.00 2.19
34,041.00 26,893.00 (7,148.00) (21.00)
5,124.00 4,774.00 (350.00) (6.83)
20,069.00 19,215.00 (854.00) (4.26)
156,484.00 154,191.00 (2,293.00) (1.47)

12,157.00 14,656.00 2,499.00 20.56

407,831.00 414,540.00 6,709.00 1.65
(22,239.00) (16,262.00) 5,977.00 (26.88)
(230,424.00) (225,246.00) 5,178.00 (2.25)
167,325.00 187,688.00 20,363.00 12.17
6,505.00 6,812.00 307.00 4.72
173,830.00 194,500.00 20,670.00 11.89
330,314.00 348,691.00 18,377.00 5.56

AÑO 1 (2015) AÑO 2 (2016) VARIACION ABSOLUTA VARIACION RELATIVA

239,854.00 200,628.00 (39,226.00) (16.35)

7,644.00 4,806.00 (2,838.00) (37.13)
1,750.00 2,680.00 930.00 53.14
249,248.00 208,114.00 (41,134.00) (16.50)

130,003.00 104,171.00 (25,832.00) (19.87)

33,951.00 30,448.00 (3,503.00) (10.32)
11,038.00 10,443.00 (595.00) (5.39)
18,048.00 22,308.00 4,260.00 23.60
1,523.00 1,467.00 (56.00) (3.68)
2,099.00 1,835.00 (264.00) (12.58)
 311.00 453.00 142.00 45.66
30,309.00 29,020.00 (1,289.00) (4.25)
227,282.00 200,145.00 (27,137.00) (11.94)
21,966.00 7,969.00 (13,997.00) (63.72)
5,415.00 (406.00) (5,821.00) (107.50)
16,551.00 8,375.00 (8,176.00) (49.40)
401.00 535.00 134.00 33.42
16,150.00 7,840.00 (8,310.00) (51.46)

AÑO 1 (2016) AÑO 2 (2017) VARIACION ABSOLUTA VARIACION RELATIVA

200,628.00 237,162.00 36,534.00 18.21

4,806.00 5,380.00 574.00 11.94
2,680.00 1,821.00 (859.00) (32.05)
208,114.00 244,363.00 36,249.00 17.42

104,171.00 128,217.00 24,046.00 23.08

30,448.00 32,690.00 2,242.00 7.36
10,443.00 10,649.00 206.00 1.97
22,308.00 19,893.00 (2,415.00) (10.83)
1,467.00 1,790.00 323.00 22.02
1,835.00 1,745.00 (90.00) (4.90)
453.00 601.00 148.00 32.67
29,020.00 30,104.00 1,084.00 3.74
200,145.00 225,689.00 25,544.00 12.76
7,969.00 18,674.00 10,705.00 134.33
(406.00) (1,174.00) (768.00) 189.16
8,375.00 19,848.00 11,473.00 136.99
535.00 138.00 (397.00) (74.21)
7,840.00 19,710.00 11,870.00 151.40
 MÉTODO DE ANÁLISIS HORIZONTAL

*Procedimiento que consiste en comparar estados

financieros en dos o más periodos consecutivos, para
determinar disminuciones o variaciones de las cuentas.
*Tiene gran importancia para la empresa, porque
mediante el se informa si los cambios han sido
positivos o negativos.

Formula
((P2/P1)-1)*100
 BALANCE GENERAL
CUENTA
Cash and cash equivalents
Notes and accounts receivable, less estimated doubtful amounts
Inventories
Other current assets
Total current assets (total activo circulante o corriente)
Investments, advances and long-term receivables
Property, plant and equipment, at cost, less accumulated depreciation and depletion
Other assets, including intangibles, net
Total assets (Total del Activo) 100%
Current liabilities
Notes and loans payable
Accounts payable and accrued liabilities
Income taxes payable
Total current liabilities (total de pasivo circulante-corriente)
Long-term debt
Postretirement benefits reserves
Deferred income tax liabilities
Long-term obligations to equity companies
Other long-term obligations
Total liabilities (total pasivo)
Equity (capital)
Common stock without par value
Earnings reinvested
Accumulated other comprehensive income
Common stock held in treasury
ExxonMobil share of equity
Noncontrolling interests
Total equity (Total de capital)
Total liabilities and equity (total pasivo + capital) 100%

ESTADO DE RESULTADOS
Revenues and other income
Sales and other operating revenue
Income from equity affiliates
Other income
Total revenues and other income (TOTAL DE VENTAS-VENTAS NETAS) 100%
Costs and other deductions (COSTOS Y GASTOS)
Crude oil and product purchases
Production and manufacturing expenses
Selling, general and administrative expenses
Depreciation and depletion 18,745 19,893 22,308 18,048 17,297
Exploration expenses, including dry holes
Non-service pension and postretirement benefit expense
Interest expense
Other taxes and duties
Total costs and other deductions (TOTAL DE COSTOS Y GASTOS)
Income before income taxes (UTILIDAD ANTES DE IMPUESTOS)
Income taxes (IMPUESTOS DE LA EMPRESA)
Net income including noncontrolling interests (UTILIDAD MENOS IMPUESTO)
Net income attributable to noncontrolling interests (IMPUESTO DE LA EMPRESA)
NET INCOME (UTILIDAD NETA DESPUES DE IMPUESTOS) CONEXION CON RAZONES FIN.
 Exxon

AÑO 1 (2015) promedio (2015) AÑO 2 (2016) promedio (2016) AÑO 2 (2017) promedio (2017)
3,705.00 1.1 3,657.00 1.11 3,177.00 0.91
19,875.00 5.90 21,394.00 6.48 25,597.00 7.34
16,245.00 4.82 15,080.00 4.11 16,992.00 4.87
1,285.00 0.38 2,798.00 0.85 1,368.00 0.39
42,623.00 12.66% 41,416.00 12.54% 47,134.00 13.52%
34,245.00 10.17 35,102.00 10.63 39,160.00 11.23
251,605.00 74.71 244,224.00 73.94 252,630.00 72.45
8,285.00 2.46 9,572.00 2.90 9,767.00 2.80
336,758.00 100% 330,314.00 100% 348,691.00 100%

18,762.00 5.57 13,830.00 4.19 17,930.00 5.14

32,412.00 9.62 31,193.00 9.44 36,796.00 10.55
2,802.00 0.83 2,615.00 0.79 3,045.00 0.87
53,976.00 16.03% 47,638.00 14.42% 57,771.00 16.57%
19,925.00 5.92 28,932.00 8.76 24,406.00 7.00
22,647.00 6.73 20,680.00 6.26 21,132.00 6.06
36,818.00 10.93 34,041.00 10.31 26,893.00 7.71
5,417.00 1.61 5,124.00 1.55 4,774.00 1.37
21,165.00 6.28 20,069.00 6.08 19,215.00 5.51
159,948.00 31.47% 156,484.00 32.95% 154,191.00 27.65%

11,612.00 3.45 12,157.00 3.68 14,656.00 4.20

412,444.00 122.47 407,831.00 1.23 414,540.00 118.88
(23,511.00) (6.98) (22,239.00) (6.73) (16,262.00) (4.66)
(229,734.00) (68.22) (230,424.00) (0.70) (225,246.00) (64.60)
170,811.00 50.72 167,325.00 50.66 187,688.00 53.83
5,999.00 1.78 6,505.00 1.97 6,812.00 1.95
176,830.00 52.5% 173,830.00 52.63% 194,500.00 55.78%
336,758.00 100% 330,314.00 100% 348,691.00 100%

AÑO 1 (2015) AÑO 1 (2016) AÑO 2 (2017)

239,854.00 96.23 200,628.00 96.40 237,162.00 97.05

7,644.00 3.07 4,806.00 2.31 5,380.00 2.20
1,750.00 0.70 2,680.00 1.29 1,821.00 0.75
249,248.00 100% 208,114.00 100% 244,363.00 100%

130,003.00 52.16 104,171.00 50.05 128,217.00 52.47

33,951.00 13.62 30,448.00 14.63 32,690.00 13.38
11,038.00 4.43 10,443.00 5.02 10,649.00 4.36
18,048.00 7.24 22,308.00 10.72 19,893.00 8.14
1,523.00 0.61 1,467.00 0.70 1,790.00 0.73
2,099.00 0.84 1,835.00 0.88 1,745.00 0.71
311.00 0.12 453.00 0.22 601.00 0.25
30,309.00 12.16 29,020.00 14 30,104.00 12.32
227,282.00 91.19% 200,145.00 96.17% 225,689.00 92.36%
21,966.00 8.81 7,969.00 3.8 18,674.00 7.64
5,415.00 2.17 (406.00) -0.2 (1,174.00) -0.48
16,551.00 6.64% 8,375.00 4.02% 19,848.00 8.12%
401.00 0.2 535.00 0.26 138.00 0.06
16,150.00 6.48% 7,840.00 3.77% 19,710.00 8.07%
 3,705.00
336,758.00
1.1

42,623.00
336,758.00
12.66

53,976.00
336,758.00
16.0

159,948.00
336,758.00

47.5
16.03
31.5

176,830.00
336,758.00
52.5

239,854.00
249,248.00
96.2
249,248.00
227,282.00
21,966.00

227,282.00
249,248.00
91.19

16,551.00
249,248.00
6.64

16,150.00
249,248.00
6.48
 Exxon
RAZONES DE LIQUIDEZ
Razón circulante

Activo Circulante 42,623.00 La empresa dispone de .7

0.79
Pasivo Circulante 53,976.00
Representa las veces que

Prueba de ácido
(BALANCE GENERAL)
Activo circulante-Inventario 42623-16245 26,378.00 La empresa cuenta con .4
0.49
Pasico circulante 53,976.00 53,976.00

Razones de Solvencia:
Razón de la Deuda activos totales El Activo total esta financ
(BALANCE GENERAL)
Pasivo total 159,948.00 Representa el porciento d
47.50
Activo total 336,758.00

Medidas de Rentabilidad:
(ESTADO DE RESULTADO) La empresa gana 6.48% s
Utilidad neta 16,150.00
6.48
Ventas Netas 249,248.00 Representa la proporcion

Chevron
RAZONES DE LIQUIDEZ
Razón circulante

Activo Circulante 34430 La empresa dispone de 1

1.35
Pasivo Circulante 25467
Representa las veces que

Prueba de ácido
(BALANCE GENERAL)
Activo circulante-Inventario 34430-6334 28,096.00 La empresa cuenta con 1.
1.10
Pasico circulante 25467 25,467.00

Razones de Solvencia:
Razón de la Deuda activos totales El Activo total esta financ
(BALANCE GENERAL)
Pasivo total 110654 Representa el porciento d
41.83
Activo total 264540

Medidas de Rentabilidad:
(ESTADO DE RESULTADO) La empresa gana 3.31% s
Utilidad neta 4587
3.31
Ventas Netas 138477 Representa la proporcion
La empresa dispone de .79 pesos de activos circulantes por cada peso de pasivo circulante.

Representa las veces que el activo circulante podría cubrir al pasivo circulante

La empresa cuenta con .49 pesos de activos disponibles rapidamente por cada peso de pasivo circulante

El Activo total esta financiado un 47.5% con recursos externos (proveedores, inversionistas)

Representa el porciento de la inversion total en activos que ha sido financiado por los acreedores

La empresa gana 6.48% sobre sus ventas

Representa la proporcion de las ventas que se convierten en utilidades.

La empresa dispone de 1.35 pesos de activos circulantes por cada peso de pasivo circulante.

Representa las veces que el activo circulante podría cubrir al pasivo circulante

La empresa cuenta con 1.10 pesos de activos disponibles rapidamente por cada peso de pasivo circulante
El Activo total esta financiado un 41.83% con recursos externos (proveedores, inversionistas)

Representa el porciento de la inversion total en activos que ha sido financiado por los acreedores

La empresa gana 3.31% sobre sus ventas

Representa la proporcion de las ventas que se convierten en utilidades.

ESTADO DE RESULTADOS CHEVRON

2015 2016
Revenues and Other Income
Sales and other operating revenues $129,925 $110,215
Income from equity affiliates 4684 2661
Other income 3868 1596
Total Revenues and Other Income 138477 114472
Cost and Other Deductions
Purchased crude oil and products 69751 59321
Operating expenses 23034 20268
Selling, general and administrative expenses 4443 4684
Exploration expenses 3340 1033
Depreciation, depletion and amortization 21037 19457
Taxes other than on income 12030 11668
Interest and debt expense \ 201
Total Cost and Other Deductions 133635 116632
Income (Loss) Before Income Tax Expense 4842 2160
Income Tax Expense (Benefit) 132 1729
Net Income (Loss) 4710 431
Less: Net income attributable to noncontrolling interests 123 66
Net Income (Loss) Attributable to Chevron Corporation 4587 497
Per Share of Common Stock
Net Income (Loss) Attributable to Chevron Corporation
-Basic 2.46 0.27
-Diluted 2.45 0.27
7359 6905

2016 2017
Revenues and Other Income
Sales and other operating revenues $110,215 $134,674
Income from equity affiliates 2661 4438
Other income 1596 2610
Total Revenues and Other Income 114472 141722
Cost and Other Deductions
Purchased crude oil and products 59321 75765
Operating expenses 20268 19437
Selling, general and administrative expenses 4684 4448
Exploration expenses 1033 864
Depreciation, depletion and amortization 19457 19349
Taxes other than on income 11668 12331
Interest and debt expense 201 307
Total Cost and Other Deductions 116632 132501
Income (Loss) Before Income Tax Expense 2160 9221
Income Tax Expense (Benefit) 1729 48
Net Income (Loss) 431 9269
Less: Net income attributable to noncontrolling interests 66 74
Net Income (Loss) Attributable to Chevron Corporation 497 9195
Per Share of Common Stock
Net Income (Loss) Attributable to Chevron Corporation
-Basic 0.27 4.88
-Diluted 0.27 4.85
6905 7189

BALANCE GENERAL CHEVRON

Assets
Cash and cash equivalents
Marketable securities
Accounts and notes receivable (less allowance: 2017 - $490;2016-$373)
Invetories:
Crude oil and petroluem products
Chemicals
Materials, supplies and other
Total inventories
Prepaid expenses and other current assets
Total Current Assets
Long-term receivables, net
Investments and advances
Properties, plant and equipment, at cost
Less: Accumulated depreciation, depletion and amortization
Properties, plant and equipment, net
Deferred charges and other assets
Goodwill
Assets held for sale
Total Assets
Liabilities and Equity
Short-term debt(net of unamortized dsicount and debt issuance cost: $3 in 2016, $3 in 2015)
Accounts payable
Accrued liabilities
Federal and other taxes on income
Other taxes payable
Total Current Liabilities
Long-term debt (net of unamortized discount and debt issuance cost: $41 in 2016, $412in 2015)
Capital lease obligations
 Deferred credits and other noncurrent obligations
Noncurrent deferred income taxes
Noncurrent employee benefit plans
Total Liabilities
Preferred stock (authorized 100,000,000 shares; $1.00 par value; none issued)
Common stock (authorized 6,000,000,000 shares; $0.75 par value; 2,442,676,580 shares issued
at December 31, 2016 and 2015)
Capital in excess of par value
Retained earning
Accumulated other comprehensive loss
Deferred compensation and benefit plan trust
Treasury stock, at cost (2017-537,974,695 shares; 2016 - 551,170,158 shares; 2015-559,862,580 s
Total Chevron Corporation Stockholders' Equity
Noncontrolling interests
Total Equity
Total Liabilities and Equity

Assets
Cash and cash equivalents
Marketable securities
Accounts and notes receivable (less allowance: 2017 - $490;2016-$373)
Invetories:
Crude oil and petroluem products
Chemicals
Materials, supplies and other
Total inventories
Prepaid expenses and other current assets
Total Current Assets
Long-term receivables, net
Investments and advances
Properties, plant and equipment, at cost
Less: Accumulated depreciation, depletion and amortization
Properties, plant and equipment, net
Deferred charges and other assets
Goodwill
Assets held for sale
Total Assets
Liabilities and Equity
Short-term debt(net of unamortized dsicount and debt issuance cost: $3 in 2016, $3 in 2015)
Accounts payable
Accrued liabilities
Federal and other taxes on income
Other taxes payable
Total Current Liabilities
Long-term debt (net of unamortized discount and debt issuance cost: $41 in 2016, $412in 2015)
Capital lease obligations
Deferred credits and other noncurrent obligations
Noncurrent deferred income taxes
Noncurrent employee benefit plans
Total Liabilities
Preferred stock (authorized 100,000,000 shares; $1.00 par value; none issued)
Common stock (authorized 6,000,000,000 shares; $0.75 par value; 2,442,676,580 shares issued
at December 31, 2016 and 2015)
Capital in excess of par value
Retained earning
Accumulated other comprehensive loss
Deferred compensation and benefit plan trust
Treasury stock, at cost (2017-537,974,695 shares; 2016 - 551,170,158 shares; 2015-559,862,580 s
Total Chevron Corporation Stockholders' Equity
Noncontrolling interests
Total Equity
Total Liabilities and Equity

Properties, plant and equipment, net

Deferred charges and other assets
Goodwill
Assets held for sale
VARIACION ABSOLUTA VARIACION RELATIVA

($19,710) -15.17
($2,023) -43.19
($2,272) -58.74
($24,005) -17.34

($10,430) -14.95
($2,766) -12.01
$241 5.42
($2,307) -69.07
($1,580) -7.51
($362) -3.01

($17,003) -12.72
($2,682) -55.39
$1,597 1209.85
($4,279) -90.85
($57) -46.34
($4,090) -89.17

-2.19 -89.02
-2.18 -88.98
-454 -6.17

VARIACION ABSOLUTA VARIACION RELATIVA

$24,459 22.19
$1,777 66.78
$1,014 63.53
27250 23.80

$16,444 27.72
($831) -4.10
($236) -5.04
($169) -16.36
($108) -0.56
$663 5.68
$106
15869 13.61
$7,061 326.90
 ($1,681) -97.22
$8,838 2050.58
$8 12.12
8698 1750.10

4.61 1707.41
4.58 1696.30
284 4.11

2015 2016 VARIACION ABSOLUTA

11022 6988 ($4,034)

310 13 ($297)
12860 14092 $1,232

3535 2720 ($815)

490 455 ($35)
2309 2244 ($65)
6334 5419 ($915)
3904 3107 ($797)
34430 29619 ($4,811)
2412 2485 $73
27110 30250 $3,140
340277 336077 ($4,200)
151881 153891 $2,010
188396 182186 ($6,210)
6155 6838 $683
4588 4581 ($7)
1449 4119 $2,670
264540 260078 ($4,462)

4927 10840 $5,913

13516 13986 $470
4833 4882 $49
1073 1050 ($23)
1118 1027 ($91)
25467 31785 $6,318
33542 35193 $1,651
80 93 $13
 23465 21553 ($1,912)
20165 17516 ($2,649)
7935 7216 ($719)
110654 113356 $2,702
\ \
1832 1832 0

16330 16595 $265

181578 173046 ($8,532)
4291 3843 ($448)
240 240 $0
42493 41834 ($659)
152716 145556 ($7,160)
1170 1166 ($4)
153886 146722 ($7,164)
264540 260078 ($4,462)

2016 2017 VARIACION ABSOLUTA

6988 4813 ($2,175)

13 9 ($4)
14092 15353 $1,261

2720 3142 $422

455 476 $21
2244 1967 ($277)
5419 5585 $166
3107 2800 ($307)
29619 28560 ($1,059)
2485 2849 $364
30250 32497 $2,247
336077 344485 $8,408
153891 166773 $12,882
182186 177712 ($4,474)
6838 7017 $179
4581 4531 ($50)
4119 640 ($3,479)
260078 253806 ($6,272)

10840 5192 ($5,648)

13986 14565 $579
4882 5267 $385
1050 1600 $550
1027 1113 $86
 31785 27737 ($4,048)
35193 33477 ($1,716)
93 94 $1
21553 21106 ($447)
17516 14652 ($2,864)
7216 7421 $205
113356 104487 ($8,869)
\ \ \
1832 1832

16595 16848 $253

173046 174106 $1,060
3843 3589 ($254)
240 240 $0
41834 40833 ($1,001)
145556 148124 $2,568
1166 1195 $29
146722 149319 $2,597
260078 253806 ($6,272)
 Formula
((P2/P1)-1)*100
VARIACION RELATIVA

-36.60
-95.81
9.58

-23.06
-7.14
-2.82
-14.45
-20.41
-13.97
3.03
11.58
-1.23
1.32
-3.30
11.10
-0.15
184.27
-1.69

120.01
3.48
1.01
-2.14
-8.14
24.81
4.92
16.25
 -8.15
-13.14
-9.06
2.44

1.62

1.62
-4.70
-10.44
0.00
-1.55
-4.69
-0.34
-4.66
0.00

VARIACION RELATIVA Formula

((J75/I75)-1)*100
-31.12
-30.77
8.95

15.51
4.62
-12.34
3.06
-9.88
-3.58
14.65
7.43
2.50
8.37
-2.46
2.62
-1.09
-84.46
-2.41

-52.10
4.14
7.89
52.38
8.37
-12.74
-4.88
1.08
-2.07
-16.35
2.84
-7.82
\
1.62

1.52
0.61
-6.61
0.00
-2.39
1.76
2.49
1.77
-2.41
ESTADO DE RESULTADOS CHEVRON
Chevron

Revenues and Other Income

Sales and other operating revenues
Income from equity affiliates
Other income
Total Revenues and Other Income (TOTAL DE VENTAS O VENTAS NETAS) 100%
Cost and Other Deductions
Purchased crude oil and products
Operating expenses
Selling, general and administrative expenses
Exploration expenses
Depreciation, depletion and amortization
Taxes other than on income
Interest and debt expense
Total Cost and Other Deductions (TOTAL DE COSTOS Y GASTOS)
Income (Loss) Before Income Tax Expense
Income Tax Expense (Benefit)
Net Income (Loss)
Less: Net income attributable to noncontrolling interests
Net Income (Loss) Attributable to Chevron Corporation (UTILIDAD NETA DESPUES DE IMPUESTOS)
Per Share of Common Stock
Net Income (Loss) Attributable to Chevron Corporation
-Basic
-Diluted

BALANCE GENERAL CHEVRON

Assets (cuenta)
Cash and cash equivalents
Marketable securities
Accounts and notes receivable (less allowance: 2017 - $490;2016-$373)
Invetories:
Crude oil and petroluem products
Chemicals
Materials, supplies and other
Total inventories
Prepaid expenses and other current assets
Total Current Assets (total del activo circulante - corriente)
Long-term receivables, net
Investments and advances
Properties, plant and equipment, at cost
 Less: Accumulated depreciation, depletion and amortization
Properties, plant and equipment, net
Deferred charges and other assets
Goodwill
Assets held for sale
Total Assets (total del activo 100%)
Liabilities and Equity
Short-term debt(net of unamortized dsicount and debt issuance cost: $3 in 2016, $3 in 2015)
Accounts payable
Accrued liabilities
Federal and other taxes on income
Other taxes payable
Total Current Liabilities (total de pasivo circulante-corriente)
Long-term debt (net of unamortized discount and debt issuance cost: $41 in 2016, $412in 2015)
Capital lease obligations
Deferred credits and other noncurrent obligations
Noncurrent deferred income taxes
Noncurrent employee benefit plans
Total Liabilities (total del pasivo)
Preferred stock (authorized 100,000,000 shares; $1.00 par value; none issued)
Common stock (authorized 6,000,000,000 shares; $0.75 par value; 2,442,676,580 shares issued
at December 31, 2016 and 2015)
Capital in excess of par value
Retained earning
Accumulated other comprehensive loss
Deferred compensation and benefit plan trust
Treasury stock, at cost (2017-537,974,695 shares; 2016 - 551,170,158 shares; 2015-559,862,580 shares)
Total Chevron Corporation Stockholders' Equity
Noncontrolling interests
Total Equity
Total Liabilities and Equity (total de capital) 100%
Properties, plant and equipment, net
Deferred charges and other assets
Goodwill
Assets held for sale
 Year ended December 31
2015 promedio 2015 2016 promedio 2016 2017 promedio 2017

129925 93.82 $110,215 96.28 $134,674 95.03

4684 3.38 2661 2.32 4438 3.13
3868 2.79 1596 1.39 2610 1.84
138477 100% 114472 100% 141722 100%

69751 50.4 59321 51.8 75765 53.5

23034 16.6 20268 17.7 19437 13.7
4443 3.2 4684 4.1 4448 3.1
3340 2.4 1033 0.9 864 0.6
21037 15.2 19457 17.0 19349 13.7
12030 8.7 11668 10.2 12331 8.7
\ 201 307
133635 96.50% 116632 96.50% 132501 93.49
4842 2160 9221
132 1729 48
4710 3.40 431 0.38 9269 6.54
123 0.09 66 0.06 74 0.05
4587 3.31% 497 3.31% 9195 3.31%

2.46 0.27 4.88

2.45 0.27 4.85
7359 6905 7189

año (1)2015 promedio 2015

11022 4.2
310 0.9
12860 4.9

3535
490
2309
6334 2.4
3904 1.5
34430 13.02
2412 0.9
27110 10.2
340277 128.6
 151881 57.4
188396 71.2
6155 2.3
4588 1.7
1449 0.55
264540 100%

2016, $3 in 2015) 4927 1.86

13516 5.1
4833 1.8
1073 0.4
1118 0.4
25467 9.63%
n 2016, $412in 2015) 33542 12.68
80 0.03
23465 8.87
20165 7.62
7935 3.00
110654 31.80%
\
76,580 shares issued
1832
0.69
16330 6.17
181578 68.64
4291 1.62
240 0.09
s; 2015-559,862,580 shares) 42493 16.06
152716 57.7
1170 0.4
153886 58.2
264540 100%
 138477
133635
4842

133635
138477
96.5

4587
138477
3.31

año (2)2016 promedio 2015 año (3)2017 promedio 2015

6988 2.7 4813 1.9

13 0.0 9 0.0
14092 5.4 15353 6.0

2720 3142
455 476
2244 1967
5419 2.1 5585 2.2
3107 1.2 2800 1.1
29619 11.39 28560 11.25
2485 1.0 2849 1.1
30250 11.6 32497 12.8
336077 129.2 344485 135.7
153891 59.2 166773 65.7
182186 70.1 177712 70.0
6838 2.6 7017 2.8
4581 1.8 4531 1.8
4119 1.58 640 0.25
260078 100% 253806 100%

10840 4.17 5192 2.05

13986 5.4 14565 5.7
4882 1.9 5267 2.1
1050 0.4 1600 0.6
1027 0.4 1113 0.4
31785 12.22% 27737 10.93%
35193 13.53 33477 13.19
93 0.04 94 0.04
21553 8.29 21106 8.32
17516 6.73 14652 5.77
7216 2.77 7421 2.92
113356 31.80% 104487 31.80% 41.8
\ \
41.8
1832 1832
0.70 0.72 10
16595 6.38 16848 6.64 31.8
173046 66.54 174106 68.60
3843 1.48 3589 1.41
240 0.09 240 0.09
41834 16.09 40833 16.09
145556 56.0 148124 58.4
1166 0.4 1195 0.5
146722 56.4 149319 58.8
260078 100% 253806 100%
Exxon Mobil Chevron
Balance General Balance General
Variaciones 2015/2016 Variaciones

Total Activo -1.91 Total Activo

Total Pasivo -2.17 Total Pasivo

Variaciones 2016/2017 Variaciones

Total Activo 5.56 Total Activo

Total Pasivo -1.47 Total Pasivo

Exxon Mobil Chevron

Estado de resultados Estado de resultados
Variaciones 2015/2016 Variaciones

Ventas -16.5 Ventas

Gastos -11.94 Gastos

Variaciones 2016/2017 Variaciones

Ventas 17.42 Ventas

Gastos 3.74 Gastos
2015/2016

-1.69
2.44

2016/2017

-2.41
-7.82

2015/2016

-17.34
-12.74

2016/2017

23.8
13.61
Exxon Mobil
Balance General

Variaciones 2015 2016 2017

Activo circulante 12.66 12.54 13.52

Activo a largo plazo 87.34 87.46 86.48

Pasivo circulante 16.03 14.42 16.57

pasivo a largo plazo 31.47 32.95 27.65

Exxon Mobil
Estado de resultados

Variaciones 2015 2016 2017

Ventas 96.23 96.4 97.05

Costos y Gastos 91.19 96.17 92.36
Chevron
Balance General

Variaciones 2015 2016 2017

Activo circulante 13.02 11.39 11.25

Activo a largo plazo 86.98 88.61 88.75

Pasivo circulante 9.63 12.2 10.93

pasivo a largo plazo 31.8 31.8 31.8

Exxon Mobil
Estado de resultados

Variaciones

Ventas 93.82 96.28 95.03

Costos y Gastos 96.5 96.5 93.49
 Cuentas de Balance General
Exxon Mobil 2015/2016
Respecto a este periodo la empresa tuvo una perdida en sus activos
totales de 1.91, pero el pasivo total disminuyo 2.17
Chevron 2015/2016
Respecto a este periodo la empresa tuvo una perdida en su ativo total
de 1.68 y sus deudas aumentaron 2.44

Exxon Mobil 2016/2017

En este periodo la empresa aumento sus activos totales un 5.56 y
disminuyo 1.47 lo que quiere decir que fue un buen año para la
empresa
Chevron 2016/2017

En este periodo la empresa disminuyo sus activos totales un 2.41, por

otro lado su pasivo total disminuyo un 7.82 lo que quiere decir que no
fue un buen año.

Cuentas Estado de Resultados

Exxon Mobil 2015/2016

Dicho periodo tuvo una disminución en sus ventas en un total de 16.5

al igual una disminución de 11.94 en sus gastos
Chevron 2015/2016

Dicho periodo tuvo una disminución en sus ventas en un total de 17.34

al igual una disminución de 12.74 en sus gastos
Exxon Mobil 2016/2017

Para la empresa en este periodo tuvo un aumento favorable ya que sus

ventas aumentaron un 17.42 y un leve aumneto en sus gastos del 3.74
Chevron 2016/2017

Para la empresa en este periodo tuvo un aumento favorable ya que sus

ventas aumentaron un 23.8 y un aumneto considerable en sus gastos
del 13.61

Cuentas Resultados
Exxon Mobil 2015 2016 2017
Ventas 96.23 96.4 97.05
Costos y Gastos 91.19 96.17 92.36

Chevron 2015 2016 2017

Ventas 93.82 96.28 95.03
Costos y Gastos 96.5 96.5 93.49
En conclusión basandome en los diferentes análisis realizados a los estados financieros en mi opinión sería
mejor invertir en la empresa Exxon Mobil ya que los resultados son favorables tanto en sus activos y sus
ventas. La empresa Chevron tiene bastante variación en sus resultados en los cuales algunos son favorables
pero teniendo en cuenta sus dismnuciones resulta siendo no favorable desde cierto punto.