BP 2008 Annual Report Download - page 124
Download and view the complete annual report
Please find page 124 of the 2008 BP annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114 -
115 -
116 -
117 -
118 -
119 -
120 -
121 -
122 -
123 -
124 -
125 -
126 -
127 -
128 -
129 -
130 -
131 -
132 -
133 -
134 -
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
 |
 |
BP Annual Report and Accounts 2008
Notes on financial statements
6. Segmental analysis continued
$ million
2008
Consolidation
adjustment
Rest of Rest of and
By geographical area UK Europe US World eliminations Total
Sales and other operating revenues
Segment sales and other operating revenues 150,133 93,303 130,142 105,911 – 479,489
Less: sales between areas (68,360) (11,272) (6,778) (31,936) – (118,346)
Third party sales 81,773 82,031 123,364 73,975 – 361,143
Equity-accounted earnings (4) 74 (14) 3,765 – 3,821
Interest and other revenues 55 226 193 262 – 736
Total revenues 81,824 82,331 123,543 78,002 – 365,700
Segment results
Profit before interest and taxation 5,808 1,541 7,831 20,059 – 35,239
Finance costs and net finance income relating to pensions and
other post-retirement benefits (22) (316) (411) (207) – (956)
Profit before taxation 5,786 1,225 7,420 19,852 – 34,283
Taxation (2,867) (576) (2,336) (6,838) – (12,617)
Profit for the year 2,919 649 5,084 13,014 – 21,666
Assets and liabilities
Segment assets 40,693 27,999 87,364 80,090 (8,285) 227,861
Current tax receivable 1 187 125 64 – 377
Total assets 40,694 28,186 87,489 80,154 (8,285) 228,238
Includes
Equity-accounted investments 92 1,873 3,790 22,071 – 27,826
Segment liabilities (23,767) (14,319) (33,099) (20,683) 8,285 (83,583)
Current tax payable (438) (399) (881) (1,426) – (3,144)
Finance debt (22,621) (201) (7,659) (2,723) – (33,204)
Deferred tax liabilities (2,031) (862) (8,916) (4,389) – (16,198)
Total liabilities (48,857) (15,781) (50,555) (29,221) 8,285 (136,129)
Other segment information
Capital expenditure and acquisitions
Goodwill and other intangible assets 277 19 3,794 1,084 – 5,174
Property, plant and equipment 1,279 2,043 9,655 6,516 – 19,493
Other 52 125 2,597 3,259 – 6,033
Tot al 1,608 2,187 16,046 10,859 – 30,700
Depreciation, depletion and amortization 1,610 997 3,969 4,409 – 10,985
Exploration expense 121 1 306 454 – 882
Impairment losses 97 104 392 979 – 1,572
Impairment reversals – – 9 146 – 155
Losses on sale of businesses and fixed assets 1 23 259 33 – 316
Gains on sale of businesses and fixed assets 74 49 1,209 21 – 1,353
123
Financial statements