BP 2015 Annual Report Download - page 129

5. Segmental analysis – continued
$ million
2015
By business Upstream Downstream Rosneft
Other
businesses
and
corporate
Gulf of
Mexico
oil spill
response
Consolidation
adjustment
and
eliminations
Total
group
Segment revenues
Sales and other operating revenues 43,235 200,569 – 2,048 – (22,958) 222,894
Less: sales and other operating revenues between
segments (21,949) (68) – (941) – 22,958 –
Third party sales and other operating revenues 21,286 200,501 – 1,107 – – 222,894
Earnings from joint ventures and associates – after
interest and tax 192 491 1,330 (202) – – 1,811
Segment results
Replacement cost profit (loss) before interest and
taxation (937) 7,111 1,310 (1,768) (11,709) (36) (6,029)
Inventory holding gains (losses)a(30) (1,863) 4 – – – (1,889)
Profit (loss) before interest and taxation (967) 5,248 1,314 (1,768) (11,709) (36) (7,918)
Finance costs (1,347)
Net finance expense relating to pensions and other
post-retirement benefits (306)
Profit (loss) before taxation (9,571)
Other income statement items
Depreciation, depletion and amortization
US 4,007 906 – 77 – – 4,990
Non-US 8,866 1,162 – 201 – – 10,229
Charges for provisions, net of write-back of unused
provisions, including change in discount rate 824 611 – 228 11,553 – 13,216
Segment assets
Investments in joint ventures and associates 8,304 3,214 5,797 519 – – 17,834
Additions to non-current assetsb17,635 2,130 – 315 – – 20,080
Additions to other investments 35
Element of acquisitions not related to non-current
assets (31)
Additions to decommissioning asset (553)
Capital expenditure and acquisitions, on an accruals
basis 17,082 2,109 – 340 – – 19,531
aSee explanation of inventory holding gains and losses on page 124.
bIncludes additions to property, plant and equipment; goodwill; intangible assets; investments in joint ventures; and investments in associates.
BP Annual Report and Form 20-F 2015 125
Financial statements