BP 2012 Annual Report Download - page 184

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Group income statement
For the year ended 31 December $ million
Note 2012 2011 2010
Sales and other operating revenues 6 375,580 375,517 297,107
Earnings from jointly controlled entities after interest and tax 24 744 1,304 1,175
Earnings from associates – after interest and tax 25 3,675 4,916 3,582
Interest and other income 7 1,590 596 681
Gains on sale of businesses and fixed assets 5 6,696 4,130 6,383
Total revenues and other income 388,285 386,463 308,928
Purchases 28 293,242 285,618 216,211
Production and manufacturing expensesa33,911 24,145 64,615
Production and similar taxes 8 8,158 8,280 5,244
Depreciation, depletion and amortization 9 12,481 11,135 11,164
Impairment and losses on sale of businesses and fixed assets 5 6,275 2,058 1,689
Exploration expense 15 1,475 1,520 843
Distribution and administration expenses 11 13,357 13,958 12,555
Fair value (gain) loss on embedded derivatives 33 (347) (68) 309
Profit (loss) before interest and taxation 19,733 39,817 (3,702)
Finance costsa17 1,125 1,246 1,170
Net finance expense (income) relating to pensions and other post-retirement benefits 37 (201) (263) (47)
Profit (loss) before taxation 18,809 38,834 (4,825)
Taxationa18 6,993 12,737 (1,501)
Profit (loss) for the year 11,816 26,097 (3,324)
Attributable to
BP shareholders 39 11,582 25,700 (3,719)
Minority interest 39 234 397 395
11,816 26,097 (3,324)
Earnings per share – cents
Profit (loss) for the year attributable to BP shareholders
Basic 20 60.86 135.93 (19.81)
Diluted 20 60.45 134.29 (19.81)
aSee Note 2 for information on the impact of the Gulf of Mexico oil spill on these income statement line items.
182 Financial statements
BP Annual Report and Form 20-F 2012