BP 2012 Annual Report Download - page 185

Group statement of comprehensive income
For the year ended 31 December $ million
Note 2012 2011 2010
Profit (loss) for the year 11,816 26,097 (3,324)
Currency translation differences 531 (531) 259
Exchange (gains) or losses on translation of foreign operations transferred to gain or loss on sale of
businesses and fixed assets (15) 19 (20)
Actuarial loss relating to pensions and other post-retirement benefits 37 (2,335) (5,960) (320)
Available-for-sale investments marked to market 306 (71) (191)
Available-for-sale investments – recycled to the income statement (1) (3) (150)
Cash flow hedges marked to market 33 1,466 44 (65)
Cash flow hedges – recycled to the income statement 33 62 (195) (25)
Cash flow hedges – recycled to the balance sheet 33 19 (13) 53
Share of equity-accounted entities’ other comprehensive income, net of tax (98) (57) –
Taxation 18, 39 446 1,659 (137)
Other comprehensive income 381 (5,108) (596)
Total comprehensive income 12,197 20,989 (3,920)
Attributable to
BP shareholders 39 11,959 20,605 (4,318)
Minority interest 39 238 384 398
12,197 20,989 (3,920)
Group statement of changes in equitya
$ million
Share
capital
and
capital
reserves
Own
shares
and
treasury
shares
Foreign
currency
translation
reserve
Fair
value
reserves
Share-
based
payment
reserve
Profit
and loss
account
BP
shareholders’
equity
Minority
interest
Total
equity
At 1 January 2012 43,454 (21,323) 4,422 267 1,582 83,063 111,465 1,017 112,482
Profit for the year – – – – – 11,582 11,582 234 11,816
Other comprehensive income – – 665 1,508 – (1,796) 377 4 381
Total comprehensive income – – 665 1,508 – 9,786 11,959 238 12,197
Dividends – – – – – (5,294) (5,294) (82) (5,376)
Share-based payments (net of tax) 59 269 – – 26 (70) 284 – 284
Transactions involving minority
interests –– –––– –33 33
At 31 December 2012 43,513 (21,054) 5,087 1,775 1,608 87,485 118,414 1,206 119,620
At 1 January 2011 43,448 (21,211) 4,937 469 1,586 65,758 94,987 904 95,891
Profit for the year – – – – – 25,700 25,700 397 26,097
Other comprehensive income – – (515) (202) – (4,378) (5,095) (13) (5,108)
Total comprehensive income – – (515) (202) – 21,322 20,605 384 20,989
Dividends – – – – – (4,072) (4,072) (245) (4,317)
Share-based payments (net of tax) 6 (112) – – (4) 102 (8) – (8)
Transactions involving minority
interests – – – – – (47) (47) (26) (73)
At 31 December 2011 43,454 (21,323) 4,422 267 1,582 83,063 111,465 1,017 112,482
At 1 January 2010 43,304 (21,517) 4,811 776 1,584 72,655 101,613 500 102,113
Profit (loss) for the year – – – – – (3,719) (3,719) 395 (3,324)
Other comprehensive income – – 126 (307) – (418) (599) 3 (596)
Total comprehensive income – – 126 (307) – (4,137) (4,318) 398 (3,920)
Dividends – – – – – (2,627) (2,627) (315) (2,942)
Share-based payments (net of tax) 144 306 – – 2 (113) 339 – 339
Transactions involving minority
interests – – – – – (20) (20) 321 301
At 31 December 2010 43,448 (21,211) 4,937 469 1,586 65,758 94,987 904 95,891
aSee Note 39 for further information.
Financial statements 183
BP Annual Report and Form 20-F 2012
Financial statements