BP 2014 Annual Report Download - page 127

4. Segmental analysis – continued
$ million
2014
By geographical area US Non-US Total
Revenues
Third party sales and other operating revenuesa122,951 230,617 353,568
Other income statement items
Production and similar taxes 690 2,268 2,958
Results
Replacement cost profit before interest and taxation 5,251 7,371 12,622
Non-current assets
Non-current assetsbc 69,125 114,462 183,587
Capital expenditure and acquisitions 7,227 16,554 23,781
aNon-US region includes UK $77,522 million.
bNon-US region includes UK $18,430 million.
cIncludes property, plant and equipment; goodwill; intangible assets; investments in joint ventures; investments in associates; and non-current prepayments.
$ million
2013
By geographical area US Non-US Total
Revenues
Third party sales and other operating revenuesa128,764 250,372 379,136
Other income statement items
Production and similar taxes 1,112 5,935 7,047
Results
Replacement cost profit before interest and taxation 3,114 28,945 32,059
Non-current assets
Non-current assetsbc 70,228 124,439 194,667
Capital expenditure and acquisitions 9,176 27,436 36,612
aNon-US region includes UK $82,381 million.
bNon-US region includes UK $18,967 million.
cIncludes property, plant and equipment; goodwill; intangible assets; investments in joint ventures; investments in associates; and non-current prepayments.
$ million
2012
By geographical area US Non-US Total
Revenues
Third party sales and other operating revenuesa130,940 244,825 375,765
Other income statement items
Production and similar taxes 1,472 6,686 8,158
Results
Replacement cost profit before interest and taxation 180 20,183 20,363
Non-current assets
Non-current assetsbc 66,751 107,844 174,595
Capital expenditure and acquisitions 10,541 14,663 25,204
aNon-US region includes UK $75,364 million.
bNon-US region includes UK $17,545 million.
cIncludes property, plant and equipment; goodwill; intangible assets; investments in joint ventures; investments in associates; and non-current prepayments.
5. Income statement analysis
$ million
2014 2013 2012
Currency exchange losses charged to the income statementa36 180 106
Expenditure on research and development 663 707 674
Finance costs
Interest payable 1,025 1,082 1,234
Capitalized at 1.94% (2013 2% and 2012 2.25%)b(185) (238) (390)
Unwinding of discount on provisions and other payables 308 224 228
1,148 1,068 1,072
aExcludes exchange gains and losses arising on financial instruments measured at fair value through profit or loss.
bTax relief on capitalized interest is approximately $43 million (2013 $62 million and 2012 $93 million).
Interest and other income of $1,677 million in 2012 includes $709 million of dividends from TNK-BP.
Financial statements
BP Annual Report and Form 20-F 2014 123