BP 2007 Annual Report Download - page 118

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5 Segmental analysis continued
$ million
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2007
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Consolidation
Rest of Rest of adjustment and
By geographical area UK Europe US World eliminations Total
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Sales and other operating revenues
Segment sales and other operating revenues 109,800 78,366 105,120 74,462 – 367,748
Less: sales between areas (48,651) (12,024) (2,801) (19,907) – (83,383)
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Third party sales 61,149 66,342 102,319 54,555 – 284,365
Equity-accounted earnings 1 55 144 3,632 – 3,832
Interest and other revenues 222 78 142 312 – 754
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Total revenues 61,372 66,475 102,605 58,499 – 288,951
Segment results
Profit (loss) before interest and tax 4,613 4,164 7,439 16,136 – 32,352
Finance costs and other finance income/expense (17) (287) (524) 87 – (741)
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Profit before taxation 4,596 3,877 6,915 16,223 – 31,611
Taxation (2,027) (949) (2,593) (4,873) – (10,442)
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Profit for the year 2,569 2,928 4,322 11,350 – 21,169
Assets and liabilities
Segment assets 53,065 34,658 81,911 76,504 (10,767) 235,371
Current tax receivable 3 27 468 207 – 705
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Total assets 53,068 34,685 82,379 76,711 (10,767) 236,076
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Includes
Equity-accounted investments 142 1,970 1,659 18,921 – 22,692
Segment liabilities (30,043) (18,985) (31,314) (18,307) 10,767 (87,882)
Current tax payable (963) (658) (104) (1,557) – (3,282)
Finance debt (20,085) (200) (8,238) (2,522) – (31,045)
Deferred tax liabilities (3,397) (1,124) (10,656) (4,038) – (19,215)
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Total liabilities (54,488) (20,967) (50,312) (26,424) 10,767 (141,424)
Other segment information
Capital expenditure and acquisitions
Goodwill and other intangible assets 453 298 817 1,285 – 2,853
Property, plant and equipment 1,141 2,489 6,516 6,741 – 16,887
Other 78 253 154 416 – 901
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Total 1,672 3,040 7,487 8,442 – 20,641
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Depreciation, depletion and amortization 2,133 959 3,558 3,929 – 10,579
Exploration expense 46 – 252 458 – 756
Impairment losses 315 136 723 387 – 1,561
Impairment reversals – – 237 – – 237
Losses on sale of businesses and fixed assets 2 77 233 43 – 355
Gains on sale of businesses and fixed assets 893 655 770 169 – 2,487