BP 2006 Annual Report Download - page 162

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160
43 Capital and reserves
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Share
capital
Share
premium
account
Capital
redemption
reserve
Merger
reserve
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
At 1 January 2006 5,185 7,371 749 27,190
Currency translation differences (net of tax) ––––
Actuarial gain relating to pensions and other post-retirement benefits (net of tax) ––––
Issue of ordinary share capital for TNK-BP 28 1,222 – –
Available-for-sale investments marked to market (net of tax) ––––
Available-for-sale investments recycling (net of tax) ––––
Repurchase of ordinary share capital (90) – 90 –
Share-based payments (net of tax) 16 481 – 11
Cash flow hedges marked to market (net of tax) ––––
Cash flow hedges recycling (net of tax) ––––
Profit for the year ––––
Dividends ––––
Otherc246–––
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
At 31 December 2006 5,385 9,074 839 27,201
aFor the year ended 31 December 2006, purchases of shares by ESOP trusts amounted to $205 million (2005 $251 million and 2004 $147 million).
bAt 31 December 2006, the foreign currency translation reserve includes $122 million relating to non-current assets held for sale, which will be recycled to the income
statement upon disposal of such assets.
cReclassification in respect of share repurchases in 2005.
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Share
capital
Share
premium
account
Capital
redemption
reserve
Merger
reserve
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
At 31 December 2004 5,403 5,636 730 27,162
Adoption of IAS 39 ––––
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
At 1 January 2005 5,403 5,636 730 27,162
Currency translation differences (net of tax) ––––
Exchange gain on translation of foreign operations
transferred to (profit) or loss on sale (net of tax) ––––
Actuarial gain relating to pensions and other post-retirement benefits (net of tax) ––––
Issue of ordinary share capital for TNK-BP 27 1,223 – –
Available-for-sale investments marked to market (net of tax) ––––
Available-for-sale investments recycling (net of tax) ––––
Repurchase of ordinary share capital (265) – 19 –
Share-based payments (net of tax) 20 512 – 28
Cash flow hedges marked to market (net of tax) ––––
Cash flow hedges recycling (net of tax) ––––
Profit for the year ––––
Dividends ––––
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
At 31 December 2005 5,185 7,371 749 27,190
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Share
capital
Share
premium
account
Capital
redemption
reserve
Merger
reserve
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
At 1 January 2004 5,552 3,957 523 27,077
Currency translation differences (net of tax) ––––
Exchange gain on translation of foreign operations
transferred to (profit) or loss on sale (net of tax) ––––
Actuarial gain relating to pensions and other post-retirement benefits (net of tax) ––––
Unrealized gain on acquisition of further
investment in equity-accounted investments ––––
Issue of ordinary share capital for TNK-BP 35 1,215 – –
Repurchase of ordinary share capital (207) – 207 –
Share-based payments (net of tax) 23 464 – 85
Profit for the year ––––
Dividends ––––
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
At 31 December 2004 5,403 5,636 730 27,162