BP 2010 Annual Report Download - page 151
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ConsolidatednancialstatementsoftheBPgroup
Financial statements
Groupcashowstatement
Fortheyearended31December $million
Note 2010 2009 2008
Operatingactivities
Prot(loss)beforetaxation (4,825) 25,124 34,283
Adjustmentstoreconcileprot(loss)beforetaxationtonetcashprovidedby
operatingactivities
Explorationexpenditurewrittenoff 16 375 593 385
Depreciation,depletionandamortization 10 11,164 12,106 10,985
Impairmentand(gain)lossonsaleofbusinessesandxedassets 5 (4,694) 160 380
Earningsfromjointlycontrolledentitiesandassociates (4,757) (3,901) (3,821)
Dividendsreceivedfromjointlycontrolledentitiesandassociates 3,277 3,003 3,728
Interestreceivable (277) (258) (407)
Interestreceived 205 203 385
Financecosts 18 1,170 1,110 1,547
Interestpaid (912) (909) (1,291)
Netnanceexpense(income)relatingtopensionsandotherpost-retirementbenets 38 (47) 192 (591)
Share-basedpayments 197 450 459
Netoperatingchargeforpensionsandotherpost-retirementbenets,lesscontributions
andbenetpaymentsforunfundedplans (959) (887) (173)
Netchargeforprovisions,lesspayments 19,217 650 (298)
(Increase)decreaseininventories (3,895) (5,363) 9,010
(Increase)decreaseinothercurrentandnon-currentassets (15,620) 7,595 2,439
Increase(decrease)inothercurrentandnon-currentliabilities 20,607 (5,828) (6,101)
Incometaxespaid (6,610) (6,324) (12,824)
Netcashprovidedbyoperatingactivities 13,616 27,716 38,095
Investingactivities
Capitalexpenditure (18,421) (20,650) (22,658)
Acquisitions,netofcashacquired (2,468) 1 (395)
Investmentinjointlycontrolledentities (461) (578) (1,009)
Investmentinassociates (65) (164) (81)
Proceedsfromdisposalsofxedassets 5 7,492 1,715 918
Proceedsfromdisposalsofbusinesses,netofcashdisposed 5 9,462 966 11
Proceedsfromloanrepayments 501 530 647
Other – 47 (200)
Netcashusedininvestingactivities (3,960) (18,133) (22,767)
Financingactivities
Netissue(repurchase)ofshares 169 207 (2,567)
Proceedsfromlong-termnancing 11,934 11,567 7,961
Repaymentsoflong-termnancing (4,702) (6,021) (3,821)
Netdecreaseinshort-termdebt (3,619) (4,405) (1,315)
Dividendspaid
BPshareholders (2,627) (10,483) (10,342)
Minorityinterest (315) (416) (425)
Netcashprovidedby(usedin)nancingactivities 840 (9,551) (10,509)
Currencytranslationdifferencesrelatingtocashandcashequivalents (279) 110 (184)
Increaseincashandcashequivalents 10,217 142 4,635
Cashandcashequivalentsatbeginningofyear 8,339 8,197 3,562
Cashandcashequivalentsatendofyear 18,556 8,339 8,197
BPAnnualReportandForm20-F2010 149