BP 2005 Annual Report Download - page 41

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Group income statement
BP Annual Report and Accounts 2005 39
For the year ended 31 December $ million
Note 2005 2004 2003
Sales and other operating revenues 6 249,465 199,876 169,441
Earnings from jointly controlled entities – after interest and tax 7 3,083 1,818 826
Earnings from associates – after interest and tax 7 460 462 388
Interest and other revenues 8 613 615 746
Total revenues 253,621 202,771 171,401
Gains on sale of businesses and fixed assets 9 1,538 1,685 1,895
Total revenues and other income 255,159 204,456 173,296
Purchases 172,699 135,907 115,978
Production and manufacturing expenses 21,092 17,330 14,130
Production and similar taxes 10 3,010 2,149 1,723
Depreciation, depletion and amortization 11 8,771 8,529 8,076
Impairment and losses on sale of businesses and fixed assets 12 468 1,390 1,801
Exploration expense 18 684 637 542
Distribution and administration expenses 14 13,706 12,768 12,270
Fair value (gain) loss on embedded derivatives 35 2,047
Profit before interest and taxation from continuing operations 32,682 25,746 18,776
Finance costs 20 616 440 513
Other finance expense 21 145 340 532
Profit before taxation from continuing operations 31,921 24,966 17,731
Taxation 22 9,473 7,082 5,050
Profit from continuing operations 22,448 17,884 12,681
Profit (loss) from Innovene operations 4 184 (622) (63)
Profit for the year 22,632 17,262 12,618
Attributable to
BP shareholders 22,341 17,075 12,448
Minority interest 291 187 170
22,632 17,262 12,618
Earnings per share – cents
Profit for the year attributable to BP shareholders
Basic 24 105.74 78.24 56.14
Diluted 24 104.52 76.87 55.61
Profit from continuing operations attributable to BP shareholders
Basic 104.87 81.09 56.42
Diluted 103.66 79.66 55.89