BP 2006 Annual Report Download - page 117

BP Annual Report and Accounts 2006 115
7 Segmental analysis continued
$ million
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2005
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By business
Exploration
and
Production
Refining
and
Marketing
Gas,
Power
and
Renewables
Other
businesses
and
corporate
Consolidation
adjustment
and
eliminations
Total
group
Innovene
operations
Consolidation
adjustment
and
eliminationsa
Total
continuing
operations
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Sales and other operating revenues
Segment sales and other operating revenues 47,210 213,326 25,696 21,295 (55,359) 252,168 (20,627) 8,251 239,792
Less: sales between businesses (32,606) (11,407) (3,095) (8,251) 55,359 – 8,251 (8,251) –
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Third party sales 14,604 201,919 22,601 13,044 – 252,168 (12,376) – 239,792
Equity-accounted earnings 3,232 249 62 (14) – 3,529 14 – 3,543
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Segment revenues 17,836 202,168 22,663 13,030 – 255,697 (12,362) – 243,335
Interest and other revenues ––––689689(76)–613
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Total revenues 17,836 202,168 22,663 13,030 689 256,386 (12,438) – 243,948
Segment results
Profit (loss) before interest and tax 25,502 6,926 1,172 (569) (208) 32,823 (668) 527 32,682
Finance costs and other finance expense ––––(758)(758)(3)–(761)
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Profit (loss) before taxation 25,502 6,926 1,172 (569) (966) 32,065 (671) 527 31,921
Taxation ––––(9,433)(9,433)133(173)(9,473)
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Profit (loss) for the year 25,502 6,926 1,172 (569) (10,399) 22,632 (538) 354 22,448
Assets and liabilities
Segment assets 93,447 77,485 28,952 12,144 (5,326) 206,702
Tax receivable ––––212212
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Total assets 93,447 77,485 28,952 12,144 (5,114) 206,914
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Includes
Equity-accounted investments 14,657 4,336 771 9 – 19,773
Segment liabilities (20,387) (31,751) (23,365) (15,315) 4,548 (86,270)
Current tax payable ––––(4,274)(4,274)
Finance debt ––––(19,162)(19,162)
Deferred tax liabilities ––––(16,443)(16,443)
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Total liabilities (20,387) (31,751) (23,365) (15,315) (35,331) (126,149)
Other segment information
Capital expenditure and acquisitions
Intangible assets 989 451 31 10 – 1,481
Property, plant and equipment 8,751 2,036 199 779 – 11,765
Other 497 373 5 28 – 903
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Total 10,237 2,860 235 817 – 14,149
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Depreciation, depletion and amortization 6,033 2,382 235 533 – 9,183 (412) – 8,771
Impairment losses 266 93 – 59 – 418 (59) – 359
Loss on remeasurement to fair value less
costs to sell and on disposal of Innovene
operations – – – 591 – 591 (591) – –
Losses on sale of businesses and fixed assets 39 64 – 6 – 109 – – 109
Gains on sale of businesses and fixed assets 1,198 241 55 47 – 1,541 (3) – 1,538