Total Q4 Profit Falls - Quick Facts

(RTTNews) - French oil and gas giant Total S.A. (TTA.L, TTFNF.PK, TOT) reported a 31% decline in its fourth-quarter 2013 net income group share to 1.605 billion euros, from last year's 2.34 billion euros. On an adjusted basis, net income for the fourth quarter 2013 amounted to 2.5 billion euros, or 1.08 euros per share, a 19% decrease year-over-year.

Quarterly sales totaled 47.75 billion euros, down 4%, compared with 49.87 billion euros in the prior-year period.

At the Annual Shareholders Meeting on May 16, 2014, the board has decided to propose a dividend of 2.38 euros per share for 2013, representing a 3.4% increase for the remaining dividend. Considering the interim dividends for the first three quarters of 2013 approved by the board, the remaining 2013 dividend would increase to 0.61 euros per share, payable on June 5, 2014.