BP 2013 Annual Report Download - page 237

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8. Capital and reserves
$ million
Share
capital
Share
premium
account
Capital
redemption
reserve
Merger
reserve
Own
shares
Treasury
shares
Share-based
payment
reserve
Profit
and loss
account Total
At 1 January 2013 5,261 9,974 1,072 26,509 (280) (20,774) 1,604 118,557 141,923
Currency translation differences –– ––– – –47 47
Actuarial gain on pensions (net of tax) – – – – – – – 2,067 2,067
Share-based payments 5 138 – – (321) 404 57 147 430
Repurchases of ordinary share capital (188) – 188 – – – – (6,923) (6,923)
Profit for the year – – – – – – – 15,691 15,691
Dividends 51 (51) – – – – – (5,441) (5,441)
At 31 December 2013 5,129 10,061 1,260 26,509 (601) (20,370) 1,661 124,145 147,794
$ million
Share
capital
Share
premium
account
Capital
redemption
reserve
Merger
reserve
Own
shares
Treasury
shares
Share-based
payment
reserve
Profit
and loss
account Total
At 1 January 2012 5,224 9,952 1,072 26,509 (388) (20,935) 1,574 112,285 135,293
Currency translation differences – – – – – – – (98) (98)
Actuarial loss on pensions (net of tax) – – – – – – – (573) (573)
Share-based payments 2 57 – – 108 161 30 (85) 273
Profit for the year – – – – – – – 12,322 12,322
Dividends 35 (35) – – – – – (5,294) (5,294)
At 31 December 2012 5,261 9,974 1,072 26,509 (280) (20,774) 1,604 118,557 141,923
As a consolidated income statement is presented for the group, a separate income statement for the parent company is not required to be
published.
The profit and loss account reserve includes $24,107 million (2012 $24,107 million), the distribution of which is limited by statutory or other
restrictions.
The accounts for the year ended 31 December 2013 do not reflect the dividend announced on 4 February 2014 and payable in March 2014; this will
be treated as an appropriation of profit in the year ended 31 December 2014.
9. Cash flow
Notes on cash flow statement
$ million
2013 2012
Reconciliation of net cash flow to movement of funds
(Decrease) increase in cash (3) 9
Movement of funds (3) 9
Net cash at 1 January 9–
Net cash at 31 December 69
Notes on cash flow statement
(a) Reconciliation of operating profit to net cash outflow from operating activities 2013 2012
Operating profit 15,112 11,936
Net operating charge for pensions and other post-retirement benefits, less contributions (127) (414)
Dividends, interest and other income (16,414) (13,758)
Share-based payments 297 350
(Increase) decrease in debtors (4,054) 240
Increase in creditors 373 374
Net cash outflow from operating activities (4,813) (1,272)
$ million
(b) Analysis of movements of funds
At
1 January
2013
Cash
flow
At
31 December
2013
Cash at bank 9 (3) 6
The parent company financial statements of BP p.l.c. on pages 224-234 do not form part of BP’s Annual Report on Form 20-F as filed with the SEC.
Financial statements
BP Annual Report and Form 20-F 2013 233