Pouyanne noted that “In the third quarter of 2022, the company reported adjusted net income of $9.9 billion and IFRS net income of $6.6 billion after accounting for a fresh impairment of $3.1 billion relating to Russia.”
The corporation has already written off $3.5 billion from impairment of its investment in Russia’s Novatek and $4.095 billion from risks to the Arctic LNG 2 project for the first half of the year.
In these nine months, TotalEnergies recorded a more than $10 billion impairment of its assets.
source: reuters.com
