UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 11-K
[x] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2006
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the transition period from __________ to ___________
Commission file number 1-2256
A. Full title of the plan:
EXXONMOBIL SAVINGS PLAN
B. Name of issuer of the securities held pursuant to the plan
and the address of its principal executive office:
EXXON MOBIL CORPORATION
5959 Las Colinas Boulevard
Irving, Texas 75039-2298
EXXONMOBIL SAVINGS PLAN
INDEX
Page | |
Financial Statements | |
Statement of Net Assets Available for Benefits at December 31, 2006 and 2005 | 3 |
Statement of Changes in Net Assets Available for Benefits, for the Year ended December 31, 2006 | 4 |
Notes to Financial Statements | 5-8 |
Supplemental Schedule | |
Schedule H, Line 4i - Schedule of Assets (Held At End of Year) at December 31, 2006 | 9-12 |
Report of Independent Registered Public Accounting Firm | 13 |
Signature | 14 |
Exhibit Index | 15 |
Exhibit 23 - Consent of Independent Registered Public Accounting Firm | 16 |
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EXXONMOBIL SAVINGS PLAN
STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS
(millions of dollars)
December 31, | |||||
2006 | 2005 | ||||
Assets | |||||
Investments, at fair value (see note 6): | |||||
Exxon Mobil Corp common stock | $ | 14,755 | $ | 11,896 | |
Other investments | 6,853 | 5,903 | |||
Total investments | 21,608 | 17,799 | |||
Accrued interest | 14 | 10 | |||
|
| ||||
Total assets | 21,622 | 17,809 | |||
Liabilities | |||||
Payables and accrued liabilities | 30 | 43 | |||
Total liabilities | 30 | 43 | |||
Net assets available for benefits | $ | 21,592 | $ | 17,766 |
The accompanying notes are an integral part of these financial statements.
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EXXONMOBIL SAVINGS PLAN
STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
FOR THE YEAR ENDED DECEMBER 31, 2006
(millions of dollars)
Contributions: | ||||
Employer | $ | 210 | ||
Participant | 348 | |||
Transfers in at fair value | 5 | |||
Total contributions | 563 | |||
Investment income: | ||||
Interest | 96 | |||
Dividends | 257 | |||
Net appreciation in fair value | ||||
of investments (see note 6) | 4,727 | |||
Total investment income | 5,080 | |||
Deductions: | ||||
Benefit payments | (1,870 | ) | ||
Transfers out at fair value | (2 | ) | ||
Total deductions | (1,872 | ) | ||
Transfers from merged plans | 55 | |||
Net increase | 3,826 | |||
Net assets available for benefits: | ||||
Beginning of year | 17,766 | |||
End of year | $ | 21,592 |
The accompanying notes are an integral part of these financial statements.
-4-
EXXONMOBIL SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
Note 1: Description of the Plan
General
Active participants in the ExxonMobil Savings Plan ("Savings Plan") are eligible employees of Exxon Mobil Corporation ("ExxonMobil" or "Company") and certain affiliated employers. The terms and conditions of the Savings Plan are contained in the ExxonMobil Common Provisions document, the ExxonMobil Savings Plan document, and the ExxonMobil Savings Trust document (collectively, the "Plan Document"). The Savings Plan is an "employee pension benefit plan" described in Section 3(2) of the Employee Retirement Income Security Act of 1974 ("ERISA") and also a "defined contribution plan" described in Section 3(34) of ERISA. In addition, effective February 8, 2002, the entire Savings Plan was designated an Employee Stock Ownership Plan ("ESOP"), a plan designed to invest primarily in employer securities.
Contributions
The Savings Plan permits participant contributions of up to 20% of compensation and, prior to 2007, a 100% Company match was made on the first 6% of compensation contributed by the participant. Prior to 2007, participants could receive up to an additional 1% Company match on the 6% of compensation if the participant elected for the Company match to be directed to the Stock Match Account ("SMA"). Prior to 2007, the restriction on the SMA stipulated that 75% of the assets in the SMA must be invested in ExxonMobil stock.
Effective January 1, 2007, all active participants began receiving a Company match of 7% of compensation on the first 6% of compensation contributed by them, regardless of how the Company match is directed. Also effective January 1, 2007, the SMA became fully diversifiable.
Employees who are at least age 50 during the plan year and who maximize their before-tax contributions may elect to make additional pretax ("catch-up") contributions. More details of all types of contributions may be found in the Plan Document.
Vesting
Participants are immediately vested in their contributions and all earnings. Company contributions vest at 100% upon the earliest of completion of 3 years of vesting service, reaching age 65 while employed, or upon death of the participating employee.
Forfeitures
During 2006, $1 million were forfeited by terminating employees and used to offset future employer contributions.
Other Plan Provisions
The Savings Plan was amended in February 2006 in response to the Gulf Opportunity Zone Act of 2005 (GOZA) passed by U.S. Congress to respond to the financial hardships experienced by victims of Hurricanes Katrina, Rita, and Wilma. Provisions of the Savings Plan amendment for qualifying employees include penalty-free distributions up to $100,000 for active employees and suspension of loan repayments until January 2007.
Other Savings Plan provisions including eligibility, enrollment, participation, forfeiture, loans, benefit payments (including withdrawals and distributions), and investment options are described in the Plan Document.
-5-
EXXONMOBIL SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
Plan Termination
The Company may terminate or amend the Savings Plan at any time. In the event of termination, the net assets of the Savings Plan will be distributed in accordance with the Employee Retirement Income Security Act of 1974.
Note 2: Accounting Policies
Basis of Accounting
The financial statements of the Savings Plan are presented on the accrual basis. Benefit payments are reported when paid.
Investment Valuation and Income Recognition
Investments are stated at fair value. Fair values are based on quoted prices as of the date of the financial statements, or if market quotations are not readily available, upon estimated values obtained from a major investment securities firm. At December 31, 2005, the Common Asset Fund included certain guaranteed investment contracts ("GICs") which were stated at contract value, which approximated fair value, representing the original cost, plus interest (based upon the crediting rates of the underlying contracts) reduced by administration fees, transfers out, and withdrawals. There were no reserves against contract value for credit risk of the contract issuer or otherwise. The average crediting interest rate of these GICs for the year ended December 31, 2005 was 5.3%. The annualized crediting interest rate at December 31, 2005 was 5.9%. Crediting rates fluctuate with the activities of the underlying contrac ts. There was no minimum crediting interest rate. There are no GICs at December 31, 2006.
Under the terms of its trust agreement, the Savings Plan engaged in an authorized form of security lending activities during the years ended December 31, 2006 and 2005. The market value of securities on loan and the collateral held at The Northern Trust Company at December 31, 2006 were $470 million and $481 million, respectively. The market value of securities on loan and the collateral held at The Northern Trust Company at December 31, 2005 were $376 million and $385 million, respectively. In accordance with the Securities Lending Agreement, the market value of the collateral held is required to be 100% of the market value of government securities lent and 102% for all other securities lent. Collateral held consists of cash, letters of credit, and government securities. At December 31, 2006 and 2005, the market value of all collateral held was at least 102%. The securities on loan are reflected in the Statement of Net Assets Available for Benefits and the Schedule of Assets (Held at End of Year) at December 31, 2006 and 2005.
Purchases and sales of securities are recorded on a trade-date basis. Dividends are recorded on the ex-dividend date.
Net appreciation and depreciation in the current value of investments includes realized gains and losses on investments sold or disposed of during the year and unrealized gains and losses on investments held at year end.
Participant loans represent the outstanding principal balances of the loans and are valued at cost, which approximates current value.
The Savings Plan is subject to normal risks associated with international and domestic debt and equity markets, including the investment in ExxonMobil common stock.
-6-
EXXONMOBIL SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
Transfers in include participant-initiated rollovers of certain distributions from other tax-qualified plans into the Savings Plan. Transfers out include plan-to-plan transfers of the balances of former ExxonMobil employees who became employees of the Infineum USA, L.P. joint venture.
Use of Estimates
The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets available for benefits and liabilities and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of changes in net assets available for benefits during the reporting period. Actual results could differ from those estimates.
Note 3: Related-Party Transactions
During 2006, certain Savings Plan investments were units of various funds managed by The Northern Trust Company. The Northern Trust Company also provided custodial and other fiduciary services to the Savings Plan during the plan year and, therefore, purchases and sales of these investments qualified as party-in-interest transactions.
Note 4: Tax Status
The Internal Revenue Service has determined and informed the Savings Plan administrators by a letter dated November 14, 2002, that the Savings Plan is qualified and the trusts established under the Savings Plan are tax-exempt, under the appropriate sections of the Internal Revenue Code ("Code"). The Savings Plan has been amended since receiving the determination letter. However, counsel for the Company believes that these amendments have not adversely affected the Savings Plan's qualified status and the related trust's tax-exempt status as of the financial statement date.
Note 5: Expenses
Investment income from all sources is stated net of administrative expenses, which include brokerage fees on purchases and sales of ExxonMobil common stock, management fees, and brokerage commissions. Savings Plan administration expenses, to the extent not paid by the Company, are charged to and paid from the Savings Plan's assets. Administrative expenses are recorded when incurred.
-7-
EXXONMOBIL SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
Note 6: Investments
The following presents investments that represent 5 percent or more of the Savings Plan's net assets available for benefits.
(millions of dollars) | ||||
December 31, | December 31, | |||
2006 | 2005 | |||
Exxon Mobil Corporation | |||
common stock, 193 and 212 | |||
million shares, respectively | $14,755 | $11,896 | |
NTGI-QM Coltv Daily S&P 500 | |||
Equity Index Fund, 565 and 600 | |||
thousand units, respectively | 2,171 | 1,988 | |
During 2006, the Savings Plan's investments (including gains and losses on investments bought and sold, as well as held during the year) appreciated in value by $4,727 million as follows:
(millions $) |
ExxonMobil common stock | 4,128 | ||
Common collective trusts | 555 | ||
Corporate debentures | 5 | ||
U.S. Government securities | 39 | ||
$4,727 |
Note 7: Plan Merger
The Paxon Polymer Company, L.P. II Savings Plan, the Paxon Polymer Company, L.P. II Hourly Savings Plan, and the Advanced Elastomer Systems, Inc. Retirement Savings Plan were merged with the Savings Plan effective December 1, 2006. At that time, the merged plans' net assets of $55 million were transferred to the Savings Plan.
-8-
SCHEDULE H
EXXONMOBIL SAVINGS PLAN
SCHEDULE H, LINE 4i
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
12/31/06
(thousands of dollars)
MATURITY | PAR | CURRENT | ||||||
DESCRIPTION | COUPON | DATE | VALUE | VALUE | ||||
------------------------------------------------------------------------------------------------------------------------------------------------------------ | ||||||||
COMMON ASSET FUND | ||||||||
U.S. GOVERNMENT SECURITIES | ||||||||
FEDERAL HOME LOAN BANK | 5.375% | 2/15/07 | $ 50,000 | $ 50,009 | ||||
FEDERAL HOME LOAN BANK | 4.250% | 4/16/07 | 25,000 | 24,935 | ||||
FEDERAL HOME LOAN BANK | 4.125% | 4/18/08 | 6,000 | 5,924 | ||||
FEDERAL HOME LOAN BANK | 3.875% | 8/22/08 | 25,000 | 24,534 | ||||
FEDERAL HOME LOAN BANK | 4.750% | 12/12/08 | 10,000 | 9,947 | ||||
FEDERAL HOME LOAN BANK | 5.250% | 6/12/09 | 25,000 | 25,133 | ||||
FEDERAL HOME LOAN BANK PREASSIGN | 4.625% | 1/18/08 | 30,000 | 29,822 | ||||
FEDERAL HOME LOAN BANK PREASSIGN | 5.125% | 6/13/08 | 35,000 | 35,010 | ||||
FEDERAL HOME LOAN BANK PREASSIGN | 5.250% | 5/21/09 | 35,000 | 35,207 | ||||
FEDERAL HOME LOAN MTG CORP DEB | 5.750% | 4/15/08 | 25,000 | 25,185 | ||||
FEDERAL HOME LOAN MTG CORP DEB | 6.625% | 9/15/09 | 15,000 | 15,622 | ||||
FEDERAL HOME LOAN MTG CORP FREDDIE MAC | 2.375% | 2/15/07 | 45,000 | 44,851 | ||||
FEDERAL HOME LOAN MTG CORP NT | 3.875% | 6/15/08 | 25,000 | 24,579 | ||||
FEDERAL HOME LOAN MTG CORP NT | 3.625% | 9/15/08 | 24,000 | 23,445 | ||||
FEDERAL NATL MTG ASSN | 5.000% | 1/15/07 | 40,000 | 39,997 | ||||
FEDERAL NATL MTG ASSN | 4.250% | 7/15/07 | 41,000 | 40,782 | ||||
FEDERAL NATL MTG ASSN | 5.750% | 2/15/08 | 16,000 | 16,095 | ||||
FEDERAL NATL MTG ASSN | 6.000% | 5/15/08 | 40,000 | 40,454 | ||||
FEDERAL NATL MTG ASSN | 2.500% | 6/15/08 | 6,300 | 6,073 | ||||
FEDERAL NATL MTG ASSN | 3.250% | 8/15/08 | 20,000 | 19,439 | ||||
FEDERAL NATL MTG ASSN | 6.375% | 6/15/09 | 37,000 | 38,173 | ||||
FEDERAL NATL MTG ASSN PREASSIGN | 3.000% | 8/15/07 | 20,000 | 19,725 | ||||
FEDERAL NATL MTG ASSN PREASSIGN | 3.875% | 7/15/08 | 25,000 | 24,558 | ||||
FEDERAL NATL MTG ASSN PREASSIGN | 5.000% | 9/15/08 | 6,500 | 6,493 | ||||
FEDERAL NATL MTG ASSN PREASSIGN | 3.250% | 11/25/32 | 1,422 | 1,404 | ||||
US SAVINGS BONDS SER I | 5.920% | 10/1/31 | 151,480 | 203,235 | ||||
US SAVINGS BONDS SER I | 2.570% | 10/1/32 | 79,740 | 95,656 | ||||
US SAVINGS BONDS SER I | 4.080% | 1/1/33 | 153,860 | 182,073 | ||||
US SAVINGS BONDS SER I | 4.660% | 10/1/33 | 50,464 | 57,287 | ||||
______________ | ______________ | |||||||
TOTAL U.S. GOVERNMENT SECURITIES | $1,063,766 | $1,165,647 | ||||||
CORPORATE DEBT INSTRUMENTS | ||||||||
AMERN EXPRESS CR A/C MSTR TR | 4.350% | 12/15/11 | $ 12,295 | $ 12,107 | ||||
BANK ONE ISSUANCE TR 2003-7 | 3.350% | 3/15/11 | 12,246 | 11,940 | ||||
BANK ONE ISSUANCE TR 2003-A9 | 3.860% | 6/15/11 | 17,525 | 17,150 | ||||
BMW VEH OWNER TR 2004 A | 2.670% | 3/25/08 | 422 | 421 | ||||
BMW VEH OWNER TR 2005-A | 4.040% | 2/25/09 | 23,974 | 23,851 | ||||
BMW VEH OWNER TR 2006-A | 5.300% | 5/25/09 | 10,000 | 10,000 | ||||
BMW VEH OWNER TR 2006-A | 5.130% | 9/25/10 | 20,000 | 19,996 | ||||
CAPITAL ONE AUTO FIN TR 2006-A NT | 5.330% | 11/15/10 | 10,000 | 10,010 | ||||
CAPITAL ONE AUTO FIN TR 2006-C NT | 5.070% | 7/15/11 | 10,000 | 9,981 | ||||
CAPITAL ONE MULTI-ASSET EXEC TR 2003-C4 | 3.650% | 7/15/11 | 28,485 | 27,800 | ||||
-9-
SCHEDULE H EXXONMOBIL SAVINGS PLAN SCHEDULE H, LINE 4i SCHEDULE OF ASSETS (HELD AT END OF YEAR) 12/31/06 (thousands of dollars)
| ||||||||
MATURITY | PAR | CURRENT | ||||||
DESCRIPTION | COUPON | DATE | VALUE | VALUE | ||||
----------------------------------------------------------------------------------------------------------------------------------------------------- | ||||||||
CAPITAL ONE MULTI-ASSET EXEC TR 2005-A8 | 4.400% | 8/15/11 | $ 5,000 | $ 4,941 | ||||
CAPITAL ONE PRIME AUTO REC TR 2006-2 NT | 4.980% | 9/15/10 | 44,000 | 43,878 | ||||
CATERPILLAR FINL ASSET TR 2004-A | 3.130% | 1/25/09 | 3,084 | 3,060 | ||||
CHASE AUTO OWNER TR 2005-A | 3.870% | 6/15/09 | 15,412 | 15,257 | ||||
CHASE AUTO OWNER TR 2005-A | 3.980% | 4/15/11 | 14,000 | 13,680 | ||||
CHASE AUTO OWNER TR 2006-A | 5.340% | 7/15/10 | 5,000 | 5,010 | ||||
CHASE AUTO OWNER TR 2006-A | 5.360% | 1/15/13 | 10,000 | 10,055 | ||||
CHASE AUTO OWNER TR 2006-B | 5.130% | 5/15/11 | 9,000 | 9,000 | ||||
CHASE ISSUANCE TR 2004-A9 | 3.220% | 6/15/10 | 4,250 | 4,184 | ||||
CHASE MANH AUTO OWNR TR 2003-B | 2.570% | 2/15/10 | 1,798 | 1,780 | ||||
CHASE MANH AUTO OWNR TR 2003-C | 2.940% | 6/15/10 | 7,208 | 7,109 | ||||
CITIBANK CR CD ISSNCE TR 2003-A3 | 3.100% | 3/10/10 | 1,750 | 1,707 | ||||
CITIBANK CR CD ISSNCE TR 2003-A6 | 2.900% | 5/17/10 | 42,000 | 40,716 | ||||
CITIBANK CR CD ISSNCE TR 2003-A8 | 3.500% | 8/16/10 | 15,450 | 15,052 | ||||
CITIBANK CR CD ISSNCE TR 2004-A1 | 2.550% | 1/20/09 | 3,400 | 3,395 | ||||
CITIBANK CR CD ISSNCE TR 2006-A2 | 4.850% | 2/10/11 | 40,000 | 39,790 | ||||
HARLEY-DAVIDSON MTR TR 2003-1 | 2.630% | 11/15/10 | 3,736 | 3,686 | ||||
HARLEY-DAVIDSON MTR TR 2003-3 | 2.760% | 5/15/11 | 3,726 | 3,677 | ||||
HARLEY-DAVIDSON MTR TR 2004-2 | 3.560% | 2/15/12 | 18,000 | 17,556 | ||||
HARLEY-DAVIDSON MTR TR 2005-2 | 4.070% | 2/15/12 | 10,000 | 9,825 | ||||
HARLEY-DAVIDSON MTR TR 2005-3 | 4.410% | 6/15/12 | 22,720 | 22,476 | ||||
HARLEY-DAVIDSON MTR TR 2006-2 | 5.350% | 3/15/13 | 10,000 | 10,048 | ||||
HARLEY-DAVIDSON MTR TR 2006-3 | 5.240% | 1/15/12 | 4,000 | 4,005 | ||||
HARLEY-DAVIDSON MTR TR HDMOT | 2.070% | 2/15/11 | 9,152 | 8,949 | ||||
HARLEY-DAVIDSON MTR TR HDMOT | 2.530% | 11/15/11 | 9,758 | 9,520 | ||||
HONDA AUTO REC 2003-5 OWNER TR | 2.400% | 2/21/08 | 665 | 663 | ||||
HONDA AUTO REC 2004-1 OWNER TR | 3.060% | 10/21/09 | 9,000 | 8,882 | ||||
HONDA AUTO REC 2004-2 OWNER TR | 3.300% | 6/16/08 | 3,779 | 3,758 | ||||
HONDA AUTO REC 2004-3 OWNER TR | 2.910% | 10/20/08 | 20,601 | 20,399 | ||||
HONDA AUTO REC 2005-2 OWNER TR | 3.930% | 1/15/09 | 10,314 | 10,245 | ||||
HONDA AUTO REC 2005-5 TR NT | 4.610% | 8/17/09 | 6,000 | 5,968 | ||||
HONDA AUTO REC 2006-2 OWNER TR | 5.300% | 7/21/10 | 16,000 | 16,035 | ||||
HONDA AUTO REC 2006-3 OWNER TR | 5.120% | 10/15/10 | 10,000 | 9,988 | ||||
HONDA AUTO REC GRANTOR TR 2005-1 | 3.530% | 10/21/08 | 5,109 | 5,074 | ||||
HSBC AUTOMOTIVE TR 2005-2 | 4.550% | 7/17/12 | 9,000 | 8,862 | ||||
M&I AUTO LN TR 2003-1 NT | 2.970% | 4/20/09 | 29,126 | 28,777 | ||||
M&I AUTO LN TR 2005-1 NT | 4.860% | 3/21/11 | 15,000 | 14,913 | ||||
MBNA CR CARD MASTER NT 2003-6 | 2.750% | 10/15/10 | 5,900 | 5,711 | ||||
MBNA CR CARD MASTER NT 2003-A7 | 2.650% | 11/15/10 | 4,220 | 4,072 | ||||
MBNA CR CARD MASTER NT 2005-7 | 4.300% | 2/15/11 | 14,000 | 13,816 | ||||
MBNA CR CARD MASTER NT 2006-A1 | 4.900% | 7/15/11 | 40,000 | 39,873 | ||||
MBNA CR CARD MASTER NT TR | 4.200% | 9/15/10 | 38,525 | 38,054 | ||||
MORGAN STANLEY AUTO LN 2003-HB1 | 2.170% | 4/15/11 | 4,535 | 4,529 | ||||
MORGAN STANLEY AUTO LN 2004-HB2 | 2.940% | 3/16/09 | 10,963 | 10,859 | ||||
MORGAN STANLEY AUTO LN 2004-HB2 | 3.460% | 3/15/12 | 10,000 | 9,745 | ||||
NISSAN AUTO REC GRANTOR TR | 4.310% | 3/15/11 | 29,400 | 28,875 | ||||
NISSAN AUTO RECEIVABLES 2004-B | 4.000% | 12/15/09 | 10,000 | 9,866 | ||||
NISSAN AUTO RECEIVABLES 2006-A | 4.740% | 9/15/09 | 10,000 | 9,943 | ||||
NISSAN AUTO RECEIVABLES 2006-B | 5.160% | 2/15/10 | 27,000 | 26,964 | ||||
-10-
SCHEDULE H EXXONMOBIL SAVINGS PLAN SCHEDULE H, LINE 4i SCHEDULE OF ASSETS (HELD AT END OF YEAR) 12/31/06 (thousands of dollars)
| |||||||||||||||||
MATURITY | PAR | CURRENT | |||||||||||||||
DESCRIPTION | COUPON | DATE | VALUE | VALUE | |||||||||||||
---------------------------------------------------------------------------------------------------------------------------------------------------- | |||||||||||||||||
NISSAN AUTO RECEIVABLES 2006-C | 5.440% | 4/15/10 | $ 22,000 | $ 22,111 | |||||||||||||
TOYOTA AUTO REC 2003-B OWNER TR | 2.790% | 1/15/10 | 7,640 | 7,632 | |||||||||||||
USAA AUTO OWNER TR 2004-1 | 2.060% | 4/15/08 | 361 | 361 | |||||||||||||
USAA AUTO OWNER TR 2004-2 | 3.030% | 6/16/08 | 2,270 | 2,264 | |||||||||||||
USAA AUTO OWNER TR 2004-3 | 3.160% | 2/17/09 | 12,529 | 12,441 | |||||||||||||
USAA AUTO OWNER TR 2005-3 | 4.550% | 2/15/10 | 14,200 | 14,104 | |||||||||||||
USAA AUTO OWNER TR 2005-3 | 4.630% | 5/15/12 | 5,000 | 4,943 | |||||||||||||
USAA AUTO OWNER TR 2006-1 | 5.010% | 9/15/10 | 13,000 | 12,971 | |||||||||||||
USAA AUTO OWNER TR 2006-2 | 5.320% | 9/15/10 | 6,000 | 6,011 | |||||||||||||
USAA AUTO OWNER TR 2006-3 | 5.360% | 2/15/11 | 18,000 | 18,058 | |||||||||||||
USAA AUTO OWNER TR 2006-4 | 5.010% | 6/15/11 | 16,000 | 15,965 | |||||||||||||
USAA AUTO OWNER TR USAOT | 3.900% | 7/15/09 | 6,125 | 6,078 | |||||||||||||
VOLKSWAGEN AUTO LEASE 2006-A | 5.500% | 9/21/09 | 9,000 | 9,038 | |||||||||||||
VOLKSWAGEN AUTO LEASE 2006-A | 5.540% | 4/20/11 | 20,000 | 20,135 | |||||||||||||
VOLKSWAGEN AUTO LN ENHNCD 2005-1 | 4.800% | 7/20/09 | 40,000 | 39,853 | |||||||||||||
WACHOVIA AUTO OWNER TR 2004-1 | 3.190% | 6/20/08 | 6,771 | 6,747 | |||||||||||||
WACHOVIA AUTO OWNER TR 2004-1 | 2.910% | 4/20/09 | 11,831 | 11,702 | |||||||||||||
WACHOVIA AUTO OWNER TR 2004-1 | 3.660% | 7/20/10 | 2,100 | 2,078 | |||||||||||||
WACHOVIA AUTO OWNER TR 2004-1 | 3.440% | 3/21/11 | 25,000 | 24,441 | |||||||||||||
WACHOVIA AUTO OWNER TR 2006-A | 5.350% | 2/22/11 | 14,000 | 14,037 | |||||||||||||
WELLS FARGO AUTO OWNER 2005-A | 4.090% | 1/15/10 | 9,473 | 9,407 | |||||||||||||
WELLS FARGO AUTO OWNER 2005-A | 4.280% | 5/15/12 | 30,000 | 29,543 | |||||||||||||
______________ | ______________ | ||||||||||||||||
TOTAL CORPORATE DEBT INSTRUMENTS | $1,087,828 | $1,077,403 | |||||||||||||||
COMMON COLLECTIVE TRUSTS | |||||||||||||||||
CF BK OF NY COLTV TR FD |
| $ 321,891 | $ 321,891 | ||||||||||||||
COLTV SHORT TERM INVT FD - Income | 5.291% | 3,494 | 3,494 | ||||||||||||||
______________ | ______________ | ||||||||||||||||
TOTAL COMMON COLLECTIVE TRUSTS | $ 325,385 | $ 325,385 | |||||||||||||||
REGISTERED INVESTMENT COMPANIES | |||||||||||||||||
MFO AMR BEACON ENHNCD CASH TR | $ 76,016 | $ 76,016 | |||||||||||||||
______________ | ______________ | ||||||||||||||||
TOTAL REGISTERED INVESTMENT | |||||||||||||||||
COMPANIES | $ 76,016 | $ 76,016 | |||||||||||||||
*PARTICIPANT LOANS | |||||||||||||||||
(ANNUAL INTEREST RATES | |||||||||||||||||
FROM 4.0% TO 11.5%, | |||||||||||||||||
MATURITIES FROM | |||||||||||||||||
| 1 MONTH TO 231 MONTHS) | $ 187,949 |
||||||||||||||||
______________ |
|||||||||||||||||
| TOTAL COMMON ASSET FUND | $2,552,995 | $2,832,400 |
|||||||||||||||
|
| |||||||||||||||||
-11-
SCHEDULE H
EXXONMOBIL SAVINGS PLAN
SCHEDULE H, LINE 4i
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
12/31/06
(thousands)
SHARES/ | CURRENT | ||||
UNITS | VALUE | ||||
FUND/ISSUE | (000's) | ($000's) | |||
----------------------------------------------------------------------------------------------------------------------------------------------- | |||||
COMMON STOCK: | |||||
-------------------------------------------- | |||||
*EXXON MOBIL CORPORATION | 192,552 | $ | 14,755,032 | ||
COMMON COLLECTIVE TRUSTS: | |||||
---------------------------------------------- | |||||
*NTGI-QM COLTV DAILY S&P 500 EQUITY | |||||
INDEX FUND | 565 | $ | 2,171,127 | ||
*NTGI-QM COLTV DAILY SMALLCAP EQUITY | |||||
INDEX FUND | 3,700 | $ | 997,808 | ||
*NTGI-QM COLTV DAILY EAFE INDEX | |||||
FUND | 1,551 | $ | 634,456 | ||
*NTGI-QM COLTV DAILY AGGREGATE | |||||
BOND FUND | 638 | $ | 216,775 | ||
TOTAL ASSETS HELD FOR INVESTMENT PURPOSES | $ | 21,607,598 | |||
* Party-in-interest as defined by ERISA
-12-
Report of Independent Registered Public Accounting Firm
To the Participants and Administrator of the ExxonMobil Savings Plan:
In our opinion, the accompanying statements of net assets available for benefits and the related statement of changes in net assets available for benefits present fairly, in all material respects, the net assets available for benefits of the ExxonMobil Savings Plan (the “Plan”) at December 31, 2006 and 2005, and the changes in net assets available for benefits for the year ended December 31, 2006, in conformity with accounting principles generally accepted in the United States of America. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financi al statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
Our audits were conducted for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental schedule of assets (held at end of year) is presented for the purpose of additional analysis and is not a required part of the basic financial statements but is supplementary information required by the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. This supplemental schedule is the responsibility of the Plan's management. The supplemental schedule has been subjected to the auditing procedures applied in the audits of the basic financial statements and, in our opinion, is fairly stated in all material respects in relation to the basic financial statements taken as a whole.
PricewaterhouseCoopers LLP
Houston, Texas
June 11, 2007
-13-
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the Savings Plan) have duly caused this Annual Report to be signed by the undersigned hereunto duly authorized.
ExxonMobil Savings Plan
(Name of Plan)
/s/ David Levy
David Levy
Administrator-Accounting
Dated: June 11, 2007
-14-
EXHIBIT INDEX
EXHIBIT
SUBMISSION MEDIA
23.
Consent of PricewaterhouseCoopers LLP,
Electronic
Independent Registered Public Accounting Firm
Dated June 11, 2007
-15-
EXHIBIT 23
CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We hereby consent to the incorporation by reference in the Registration Statement on Form S-8 (No. 333-72955) of Exxon Mobil Corporation of our report dated June 11, 2007, relating to the financial statements and supplemental schedule of the ExxonMobil Savings Plan, which appears in this Form 11-K.
PricewaterhouseCoopers LLP
Houston, Texas
June 11, 2007