BP 2013 Annual Report Download - page 127

Group statement of comprehensive income
For the year ended 31 December $ million
Note 2013 2012a2011a
Profit for the year 23,758 11,251 25,609
Other comprehensive income
Items that may be reclassified subsequently to profit or loss
Currency translation differences (1,608) 485 (543)
Exchange gains (losses) on translation of foreign operations reclassified to gain or loss on sale
of businesses and fixed assets 22 (15) 19
Available-for-sale investments marked to market (172) 306 (71)
Available-for-sale investments reclassified to the income statement (523) (1) (3)
Cash flow hedges marked to market 26 (2,000) 1,466 44
Cash flow hedges reclassified to the income statement 26 462 (195)
Cash flow hedges reclassified to the balance sheet 26 17 19 (13)
Share of items relating to equity-accounted entities, net of tax (24) (39) (39)
Income tax relating to items that may be reclassified 11,32 147 (170) 23
(4,137) 2,113 (778)
Items that will not be reclassified to profit or loss
Remeasurements of the net pension and other post-retirement benefit liability or asset 30 4,764 (1,572) (5,301)
Share of items relating to equity-accounted entities, net of tax 2(6) –
Income tax relating to items that will not be reclassified 11,32 (1,521) 440 1,467
3,245 (1,138) (3,834)
Other comprehensive income (892) 975 (4,612)
Total comprehensive income 22,866 12,226 20,997
Attributable to
BP shareholders 32 22,574 11,988 20,613
Non-controlling interests 32 292 238 384
22,866 12,226 20,997
aSee Note 1 for information on the restatement of comparative amounts as a result of the adoption of IFRS 11 ‘Joint Arrangements’, the amended IAS 19 ‘Employee Benefits’ and the amended IAS 1
‘Presentation of Financial Statements’.
Group statement of changes in equityab
$ million
Share
capital
and
capital
reserves
Own
shares
and
treasury
shares
Foreign
currency
translation
reserve
Fair
value
reserve
Share-
based
payment
reserve
Profit
and loss
account
BP
shareholders’
equity
Non-
controlling
interests
Total
equity
At 1 January 2013 43,513 (21,054) 5,128 1,775 1,608 87,576 118,546 1,206 119,752
Profit for the year – – – – – 23,451 23,451 307 23,758
Other comprehensive income – – (1,603) (2,470) – 3,196 (877) (15) (892)
Total comprehensive income – – (1,603) (2,470) – 26,647 22,574 292 22,866
Dividends – – – – – (5,441) (5,441) (469) (5,910)
Repurchases of ordinary share capital – – – – – (6,923) (6,923) – (6,923)
Share-based payments, net of tax 143 83 – – 97 150 473 – 473
Share of equity-accounted entities’ changes in equity,
net of tax –– –––73 73 – 73
Transactions involving non-controlling interests –– ––– – –76 76
At 31 December 2013 43,656 (20,971) 3,525 (695) 1,705 102,082 129,302 1,105 130,407
At 1 January 2012 43,454 (21,323) 4,509 267 1,582 83,079 111,568 1,017 112,585
Profit for the year – – – – – 11,017 11,017 234 11,251
Other comprehensive income – – 619 1,508 – (1,156) 971 4 975
Total comprehensive income – – 619 1,508 – 9,861 11,988 238 12,226
Dividends – – – – – (5,294) (5,294) (82) (5,376)
Share-based payments, net of tax 59 269 – – 26 (70) 284 – 284
Transactions involving non-controlling interests – – – – – – – 33 33
At 31 December 2012 43,513 (21,054) 5,128 1,775 1,608 87,576 118,546 1,206 119,752
At 1 January 2011 43,448 (21,211) 5,036 469 1,586 65,754 95,082 904 95,986
Profit for the year – – – – – 25,212 25,212 397 25,609
Other comprehensive income – – (527) (202) – (3,870) (4,599) (13) (4,612)
Total comprehensive income – – (527) (202) – 21,342 20,613 384 20,997
Dividends – – – – – (4,072) (4,072) (245) (4,317)
Share-based payments, net of tax 6 (112) – – (4) 102 (8) – (8)
Transactions involving non-controlling interests – – – – – (47) (47) (26) (73)
At 31 December 2011 43,454 (21,323) 4,509 267 1,582 83,079 111,568 1,017 112,585
aSee Note 32 for further information.
bSee Note 1 for information on the restatement of comparative amounts as a result of the adoption of IFRS 11 ‘Joint Arrangements’ and the amended IAS 19 ‘Employee Benefits’.
Financial statements
BP Annual Report and Form 20-F 2013 123