2008 highlights
Caltex is the number one and growing fuel and convenience marketer in Australia, underpinned by a value creating supply chain that includes manufacturing.
RCOP
Replacement cost of sales profit was $186 million for 2008, down from $444 million in 2007, reflecting the unprecedented decline in the Australian dollar and crude oil prices, and the impact of lower refinery production.
Production volumes
The production of transport fuels (petrol, diesel and jet fuel) was down from the record highs of 10.9 billion litres in 2007 to 9.8 billion litres in 2008, impacted by refinery reliability issues.
Fuels sales
Overall sales of transport fuels grew by 4% over 2007 to 14.4 billion litres, underpinned by 10% growth in both diesel and jet fuel sales.