BP 2013 Annual Report Download - page 200

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39. Condensed consolidating information on certain US subsidiaries – continued
Income statement continued
$ million
For the year ended 31 December 2011
Issuer Guarantor
BP
Exploration
(Alaska) Inc. BP p.l.c.
Other
subsidiaries
Eliminations and
reclassifications BP group
Sales and other operating revenues 6,159 – 375,713 (6,159) 375,713
Earnings from joint ventures – after interest and tax – – 767 – 767
Earnings from associates – after interest and tax – – 4,916 – 4,916
Equity-accounted income of subsidiaries – after interest and tax 313 26,019 – (26,332) –
Interest and other income 10 242 756 (320) 688
Gains on sale of businesses and fixed assets – 1 4,131 – 4,132
Total revenues and other income 6,482 26,262 386,283 (32,811) 386,216
Purchases 978 – 290,314 (6,159) 285,133
Production and manufacturing expenses 1,280 – 22,883 – 24,163
Production and similar taxes 1,684 – 6,596 – 8,280
Depreciation, depletion and amortization 335 – 11,022 – 11,357
Impairment and losses on sale of businesses and fixed assets – – 2,058 – 2,058
Exploration expense 4 – 1,516 – 1,520
Distribution and administration expenses 27 1,048 12,992 (109) 13,958
Fair value gain on embedded derivatives – – (68) – (68)
Profit before interest and taxation 2,174 25,214 38,970 (26,543) 39,815
Finance costs 32 47 1,319 (211) 1,187
Net finance (income) expense relating to pensions and other post-retirement
benefits – (94) 494 – 400
Profit before taxation 2,142 25,261 37,157 (26,332) 38,228
Taxation 729 49 11,841 – 12,619
Profit for the year 1,413 25,212 25,316 (26,332) 25,609
Attributable to
BP shareholders 1,413 25,212 24,919 (26,332) 25,212
Non-controlling interests – – 397 – 397
1,413 25,212 25,316 (26,332) 25,609
Statement of comprehensive income continued
$ million
For the year ended 31 December 2011
Issuer Guarantor
BP
Exploration
(Alaska) Inc. BP p.l.c.
Other
subsidiaries
Eliminations and
reclassifications BP group
Profit for the year 1,413 25,212 25,316 (26,332) 25,609
Other comprehensive income – (3,674) (938) – (4,612)
Total comprehensive income 1,413 21,538 24,378 (26,332) 20,997
Attributable to
BP shareholders 1,413 21,538 23,994 (26,332) 20,613
Non-controlling interests – – 384 – 384
1,413 21,538 24,378 (26,332) 20,997
196 BP Annual Report and Form 20-F 2013