BP 2006 Annual Report Download - page 119

BP Annual Report and Accounts 2006 117
7 Segmental analysis continued
$ million
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2006
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By geographical area UK
Rest of
Europe USA
Rest of
World
Consolidation
adjustment
and
eliminations Total
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Sales and other operating revenues
Segment sales and other operating revenues 105,518 76,768 99,935 71,547 – 353,768
Less: sales between areas (50,942) (14,821) (5,032) (17,067) – (87,862)
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Third party sales 54,576 61,947 94,903 54,480 – 265,906
Equity-accounted earnings 5 13 127 3,850 – 3,995
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Segment revenues 54,581 61,960 95,030 58,330 – 269,901
Segment results
Profit (loss) before interest and tax from continuing operations 5,897 3,282 11,164 14,815 – 35,158
Finance costs and other finance (expense) income 43 (262) (331) 34 – (516)
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Profit before taxation from continuing operations 5,940 3,020 10,833 14,849 – 34,642
Taxation (3,158) (1,176) (3,553) (4,444) – (12,331)
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Profit for the year from continuing operations 2,782 1,844 7,280 10,405 – 22,311
Profit (loss) from Innovene operations 31 (76) (2) 22 – (25)
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Profit for the year 2,813 1,768 7,278 10,427 – 22,286
Assets and liabilities
Segment assets 49,018 28,059 78,586 69,479 (8,085) 217,057
Tax receivable 13 65 450 16 – 544
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Total assets 49,031 28,124 79,036 69,495 (8,085) 217,601
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Includes
Equity-accounted investments 78 1,538 1,529 17,904 – 21,049
Segment liabilities (26,048) (18,484) (32,979) (17,949) 8,085 (87,375)
Current tax payable (757) (570) 11 (1,319) – (2,635)
Finance debt (12,666) (328) (7,201) (3,815) – (24,010)
Deferred tax liabilities (3,335) (938) (9,946) (3,897) – (18,116)
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Total liabilities (42,806) (20,320) (50,115) (26,980) 8,085 (132,136)
Other segment information
Capital expenditure and acquisitions
Intangible assets 421 53 905 723 – 2,102
Property, plant and equipment 1,120 916 5,531 5,962 – 13,529
Other 46 22 156 1,376 – 1,600
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Total 1,587 991 6,592 8,061 – 17,231
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Depreciation, depletion and amortization 2,139 840 3,459 2,690 – 9,128
Exploration expense 20 – 633 392 – 1,045
Impairment losses – 171 114 176 – 461
Impairment reversals 176 – 90 74 – 340
Loss on remeasurement to fair value less costs to sell and on disposal of
Innovene operations 185 36 (16) (21) – 184
Losses on sale of businesses and fixed assets 12 96 217 103 – 428
Gains on sale of businesses and fixed assets 337 577 2,530 270 – 3,714