BP 2005 Annual Report Download - page 142

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140 Making energy more
Other financial and operating data
Exchange rates 2005 2004 2003
US dollar/sterling exchange rates
Average exchange rate for the year 1.82 1.83 1.63
Year end exchange rate 1.73 1.92 1.78
US dollar/euro exchange rates
Average exchange rate for the year 1.24 1.24 1.13
Year end exchange rate 1.18 1.36 1.25
Ratios %
2005 2004 2003
Return on average capital employed
(Based on profit after taxation before deducting finance costs)a22.9 18.1 14.8
Return on average BP shareholders’ interest
(Based on profit after taxation and minority interest) 28.5 23.4 19.2
Payout ratio
(Dividend: profit) 32.9 35.4 45.4
Debt to debt-plus-equity ratio 19.2 22.8 24.1
(Finance debt: finance debt plus BP and minority interest)
Debt to equity ratio 23.7 29.5 31.8
(Finance debt: BP and minority interest)
Net debt to net debt-plus-equity ratio 16.7 21.7 22.4
Net debt to equity ratio 20.1 27.8 28.8
(Net debt equals finance debt less cash and cash equivalents)
aBefore deducting finance costs on a post-tax basis, using a deemed tax rate equal to the US statutory tax rate.
Share prices pence
ORDINARY SHARE 2005 2004 2003
High 684 557 455
Daily average 592 489 418
Low 504 414 357
End year 619 508 453
$
AMERICAN DEPOSITARY SHAREa2005 2004 2003
High 72.27 61.66 49.35
Daily average 64.38 54.06 41.48
Low 56.61 47.27 35.37
End year 64.22 58.40 49.35
aOne American depositary share (ADS) is equivalent to six 25 cent ordinary shares.