Inventory valuation effect
   
 
IFRS IFRS IFRS
2005 2005 2004
(in millions) $
Impact on operating income      
Upstream
Downstream 1,489 1,197 487
Chemicals 85 68 232
Corporate
Total
1,574
1,265
719
IFRS IFRS IFRS
2005 2005 2004
(in millions) $
Impact on net income      
Upstream
Downstream 1,272 1,022 348
Chemicals 62 50 157
Corporate
Total
1,334
1,072
505