BP 2008 Annual Report Download - page 195

Download and view the complete annual report

Please find page 195 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.

Page out of 211

  • 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
Parent company financial statements of BP p.l.c.
Company cash flow statement
For the year ended 31 December $ million
Note 2008 2007 2006
Net cash (outflow) inflow from operating activities 9 (4,399) (833) (3,703)
Servicing of finance and returns on investments
Interest received 167 202 177
Interest paid (167) (381) (702)
Dividends received 17,066 16,416 24,859
Net cash inflow from servicing of finance and returns on investments 17,066 16,237 24,334
Tax paid (2) (1) (3)
Capital expenditure and financial investment
Payments for fixed assets – investments –(7) (1,397)
Proceeds from sale of fixed assets – investments –8 2,240
Net cash inflow (outflow) for capital expenditure and financial investment –1 843
Equity dividends paid (10,342) (8,106) (7,686)
Net cash inflow before financing 2,323 7,298 13,785
Financing
Issue of ordinary share capital for TNK-BP –– 1,250
Other share-based payment movements 358 464 422
Repurchase of ordinary share capital (2,914) (7,497) (15,481)
Net cash outflow from financing (2,556) (7,033) (13,809)
Increase (decrease) in cash 9 (233) 265 (24)
Company statement of total recognized gains and losses
For the year ended 31 December $ million
2008 2007 2006
Profit for the year 17,715 16,013 23,628
Currency translation differences (710) 89 558
Actuarial (loss) gain relating to pensions 6 (5,122) 698 1,120
Tax on actuarial loss (gain) relating to pensions 2 1,434 (195) (336)
Total recognized gains and losses relating to the year 13,317 16,605 24,970
194