BP 2013 Annual Report Download - page 155

7. Segmental analysis – continued
$ million
2012
By segment Upstream Downstream TNK-BP
Other
businesses
and
corporate
Gulf of
Mexico
oil spill
response
Consolidation
adjustment
and
eliminations
Total
group
Segment revenues
Sales and other operating revenues 72,225 346,391 – 1,985 – (44,836) 375,765
Less: sales and other operating revenues between
segments (42,572) (1,365) – (899) – 44,836 –
Third party sales and other operating revenues 29,653 345,026 – 1,086 – – 375,765
Equity-accounted earnings 915 101 2,986 (67) – – 3,935
Interest income 107 108 – 104 – – 319
Segment results
Replacement cost profit (loss) before interest and taxation 22,491 2,864 3,373 (2,794) (4,995) (576) 20,363
Inventory holding gains (losses)a(104) (487) (3) – – – (594)
Profit (loss) before interest and taxation 22,387 2,377 3,370 (2,794) (4,995) (576) 19,769
Finance costs (1,072)
Net finance expense relating to pensions and other post-
retirement benefits (566)
Profit before taxation 18,131
Other income statement items
Depreciation, depletion and amortization
US 3,437 586 – 213 – – 4,236
Non-US 6,918 1,343 – 190 – – 8,451
Impairment losses 3,046 2,892 – 320 – – 6,258
Impairment reversals (289) (1) – (3) – – (293)
Fair value (gain) loss on embedded derivatives (347) – – – – – (347)
Charges for provisions, net of write-back of unused
provisions, including change in discount rate 897 141 – 505 6,074 – 7,617
Segment assets
Equity-accounted investments 7,329 3,212 – 1,071 – – 11,612
Additions to non-current assets 22,603 5,246 – 1,419 – – 29,268
Additions to other investments 33
Element of acquisitions not related to non-current assets (72)
Additions to decommissioning asset (4,025)
Capital expenditure and acquisitions 18,520 5,249 – 1,435 – – 25,204
aSee explanation of inventory holding gains and losses on page 149.
Financial statements
BP Annual Report and Form 20-F 2013 151