BP 2011 Annual Report Download - page 180

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178 BP Annual Report and Form 20-F 2011
Consolidated financial statements of the BP group
Group income statement
For the year ended 31 December $ million
Note 2011 2010 2009
Sales and other operating revenues 6375,517 297,107 239,272
Earnings from jointly controlled entities – after interest and tax 24 1,304 1,175 1,286
Earnings from associates – after interest and tax 25 4,916 3,582 2,615
Interest and other income 7596 681 792
Gains on sale of businesses and fixed assets 54,130 6,383 2,173
Total revenues and other income 386,463 308,928 246,138
Purchases 28 285,618 216,211 163,772
Production and manufacturing expensesa24,145 64,615 23,202
Production and similar taxes 88,280 5,244 3,752
Depreciation, depletion and amortization 911,135 11,164 12,106
Impairment and losses on sale of businesses and fixed assets 52,058 1,689 2,333
Exploration expense 15 1,520 843 1,116
Distribution and administration expenses 11 13,958 12,555 14,038
Fair value (gain) loss on embedded derivatives 33 (68) 309 (607)
Profit (loss) before interest and taxation 39,817 (3,702) 26,426
Finance costsa17 1,246 1,170 1,110
Net finance expense (income) relating to pensions and other post-retirement benefits 37 (263) (47) 192
Profit (loss) before taxation 38,834 (4,825) 25,124
Taxationa18 12,737 (1,501) 8,365
Profit (loss) for the year 26,097 (3,324) 16,759
Attributable to
BP shareholders 39 25,700 (3,719) 16,578
Minority interest 39 397 395 181
26,097 (3,324) 16,759
Earnings per share – cents
Profit (loss) for the year attributable to BP shareholders
Basic 20 135.93 (19.81) 88.49
Diluted 20 134.29 (19.81) 87.54
a
See Note 2 for information on the impact of the Gulf of Mexico oil spill on the income statement line items in 2011 and 2010.
http://www.bp.com/downloads/incomestatement