Document N2j3KpYZwyygyk8EoJay74qDD

Note 2. Acquisition of Unocal Corporation 12/20/08 8:45 AM Annual Report Home > Financials > Notes to the Consolidated Financial Statements > Note 2. Acquisition of Unocal Corporation Note 2. Acquisition of Unocal Corporation Millions of dollars, except per-share amounts In August 2005, the company acquired Unocal Corporation (Unocal), an independent oil and gas exploration and production company. The aggregate purchase price of Unocal was $17,288. The final purchase-price allocation to the assets and liabilities acquired was completed as of June 30, 2006. The following unaudited pro forma summary presents the results of operations as if the acquisition of Unocal had occurred at the beginning of 2005: Sales and other operating revenues Net income Net income per share of common stock Basic Diluted Year ended December 31 2005 $ 198,762 14,967 $ 6.68 $ 6.64 The pro forma summary used estimates and assumptions based on information available at the time. Management believes the estimates and assumptions to be reasonable; however, actual results may have differed significantly from this pro forma financial information. 2001 - 2008 Chevron Corporation. All Rights Reserved. Terms of Use | Privacy Statement | Annual Report Site Map Glossary of Terms | Corporate Responsibility Report http://www.chevron.com/annualreport/2007/financials/notestothefinancialstatements/note2.aspx Page 1 of 1