BP 2013 Annual Report Download - page 199

39. Condensed consolidating information on certain US subsidiaries – continued
Income statement continued
$ million
For the year ended 31 December 2012
Issuer Guarantor
BP
Exploration
(Alaska) Inc. BP p.l.c.
Other
subsidiaries
Eliminations and
reclassifications BP group
Sales and other operating revenues 5,501 – 375,765 (5,501) 375,765
Earnings from joint ventures – after interest and tax – – 260 – 260
Earnings from associates – after interest and tax – – 3,675 – 3,675
Equity-accounted income of subsidiaries – after interest and tax (59) 12,649 – (12,590) –
Interest and other income 12 187 1,764 (286) 1,677
Gains on sale of businesses and fixed assets 3,580 – 6,697 (3,580) 6,697
Total revenues and other income 9,034 12,836 388,161 (21,957) 388,074
Purchases 777 – 297,498 (5,501) 292,774
Production and manufacturing expenses 1,475 – 32,451 – 33,926
Production and similar taxes 1,374 – 6,784 – 8,158
Depreciation, depletion and amortization 457 – 12,230 – 12,687
Impairment and losses on sale of businesses and fixed assets 957 – 5,318 – 6,275
Exploration expense – – 1,475 – 1,475
Distribution and administration expenses 35 1,766 11,641 (85) 13,357
Fair value gain on embedded derivatives – – (347) – (347)
Profit before interest and taxation 3,959 11,070 21,111 (16,371) 19,769
Finance costs 48 43 1,182 (201) 1,072
Net finance expense relating to pensions and other post-retirement benefits – 103 463 – 566
Profit before taxation 3,911 10,924 19,466 (16,170) 18,131
Taxation 203 (93) 6,770 – 6,880
Profit for the year 3,708 11,017 12,696 (16,170) 11,251
Attributable to
BP shareholders 3,708 11,017 12,462 (16,170) 11,017
Non-controlling interests – – 234 – 234
3,708 11,017 12,696 (16,170) 11,251
Statement of comprehensive income continued
$ million
For the year ended 31 December 2012
Issuer Guarantor
BP
Exploration
(Alaska) Inc. BP p.l.c.
Other
subsidiaries
Eliminations and
reclassifications BP group
Profit for the year 3,708 11,017 12,696 (16,170) 11,251
Other comprehensive income – (232) 1,207 – 975
Total comprehensive income 3,708 10,785 13,903 (16,170) 12,226
Attributable to
BP shareholders 3,708 10,785 13,665 (16,170) 11,988
Non-controlling interests – – 238 – 238
3,708 10,785 13,903 (16,170) 12,226
Financial statements
BP Annual Report and Form 20-F 2013 195