BP 2014 Annual Report Download - page 101

Group statement of comprehensive incomea
For the year ended 31 December $ million
Note 2014 2013 2012
Profit for the year 4,003 23,758 11,251
Other comprehensive income
Items that may be reclassified subsequently to profit or loss
Currency translation differences (6,838) (1,608) 485
Exchange gains (losses) on translation of foreign operations reclassified to gain or loss on sale of
businesses and fixed assets 51 22 (15)
Available-for-sale investments marked to market (1) (172) 306
Available-for-sale investments reclassified to the income statement 1(523) (1)
Cash flow hedges marked to market 28 (155) (2,000) 1,466
Cash flow hedges reclassified to the income statement 28 (73) 462
Cash flow hedges reclassified to the balance sheet 28 (11) 17 19
Share of items relating to equity-accounted entities, net of tax (2,584) (24) (39)
Income tax relating to items that may be reclassified 7 147 147 (170)
(9,463) (4,137) 2,113
Items that will not be reclassified to profit or loss
Remeasurements of the net pension and other post-retirement benefit liability or asset 22 (4,590) 4,764 (1,572)
Share of items relating to equity-accounted entities, net of tax 42 (6)
Income tax relating to items that will not be reclassified 7 1,334 (1,521) 440
(3,252) 3,245 (1,138)
Other comprehensive income (12,715) (892) 975
Total comprehensive income (8,712) 22,866 12,226
Attributable to
BP shareholders (8,903) 22,574 11,988
Non-controlling interests 191 292 238
(8,712) 22,866 12,226
aSee Note 30 for further information.
Group statement of changes in equitya
$ million
Share
capital
and
capital
reserves
Treasury
shares
Foreign
currency
translation
reserve
Fair
value
reserves
Profit
and loss
account
BP
shareholders’
equity
Non-
controlling
interests
Total
equity
At 1 January 2014 43,656 (20,971) 3,525 (695) 103,787 129,302 1,105 130,407
Profit for the year – – – – 3,780 3,780 223 4,003
Other comprehensive income – – (6,934) (202) (5,547) (12,683) (32) (12,715)
Total comprehensive income – – (6,934) (202) (1,767) (8,903) 191 (8,712)
Dividends – – – – (5,850) (5,850) (255) (6,105)
Repurchases of ordinary share capital – – – – (3,366) (3,366) – (3,366)
Share-based payments, net of tax 246 252 – – (313) 185 – 185
Share of equity-accounted entities’ changes in equity, net of tax – – – – 73 73 – 73
Transactions involving non-controlling interests – – – – – – 160 160
At 31 December 2014 43,902 (20,719) (3,409) (897) 92,564 111,441 1,201 112,642
At 1 January 2013 43,513 (21,054) 5,128 1,775 89,184 118,546 1,206 119,752
Profit for the year – – – – 23,451 23,451 307 23,758
Other comprehensive income – – (1,603) (2,470) 3,196 (877) (15) (892)
Total comprehensive income – – (1,603) (2,470) 26,647 22,574 292 22,866
Dividends – – – – (5,441) (5,441) (469) (5,910)
Repurchases of ordinary share capital – – – – (6,923) (6,923) – (6,923)
Share-based payments, net of tax 143 83 – – 247 473 – 473
Share of equity-accounted entities’ changes in equity, net of tax – – – – 73 73 – 73
Transactions involving non-controlling interests – – – – – – 76 76
At 31 December 2013 43,656 (20,971) 3,525 (695) 103,787 129,302 1,105 130,407
At 1 January 2012 43,454 (21,323) 4,509 267 84,661 111,568 1,017 112,585
Profit for the year – – – – 11,017 11,017 234 11,251
Other comprehensive income – – 619 1,508 (1,156) 971 4 975
Total comprehensive income – – 619 1,508 9,861 11,988 238 12,226
Dividends – – – – (5,294) (5,294) (82) (5,376)
Share-based payments, net of tax 59 269 – – (44) 284 – 284
Transactions involving non-controlling interests – – – – – – 33 33
At 31 December 2012 43,513 (21,054) 5,128 1,775 89,184 118,546 1,206 119,752
aSee Note 30 for further information.
Financial statements
BP Annual Report and Form 20-F 2014 97