BP 2007 Annual Report Download - page 98
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Group income statement
For the year ended 31 December $ million
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Note 2007 2006 2005
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Sales and other operating revenues 5284,365 265,906 239,792
Earnings from jointly controlled entities – after interest and tax 3,135 3,553 3,083
Earnings from associates – after interest and tax 697 442 460
Interest and other revenues 6754 701 613
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Total revenues 288,951 270,602 243,948
Gains on sale of businesses and fixed assets 72,487 3,714 1,538
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Total revenues and other income 291,438 274,316 245,486
Purchases 200,766 187,183 163,026
Production and manufacturing expenses 25,915 23,793 21,092
Production and similar taxes 84,013 3,621 3,010
Depreciation, depletion and amortization 910,579 9,128 8,771
Impairment and losses on sale of businesses and fixed assets 10 1,679 549 468
Exploration expense 16 756 1,045 684
Distribution and administration expenses 12 15,371 14,447 13,706
Fair value (gain) loss on embedded derivatives 34 7(608) 2,047
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Profit before interest and taxation from continuing operations 32,352 35,158 32,682
Finance costs 18 1,110 718 616
Other finance (income) expense 19 (369) (202) 145
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Profit before taxation from continuing operations 31,611 34,642 31,921
Taxation 20 10,442 12,331 9,473
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Profit from continuing operations 21,169 22,311 22,448
Profit (loss) from Innovene operations 3–(25) 184
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Profit for the year 21,169 22,286 22,632
Attributable to
BP shareholders 20,845 22,000 22,341
Minority interest 324 286 291
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21,169 22,286 22,632
Earnings per share – cents
Profit for the year attributable to BP shareholders
Basic 22 108.76 109.84 105.74
Diluted 22 107.84 109.00 104.52
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Profit from continuing operations attributable to BP shareholders
Basic 108.76 109.97 104.87
Diluted 107.84 109.12 103.66
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