BP 2008 Annual Report Download - page 126

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BP Annual Report and Accounts 2008
Notes on financial statements
6. Segmental analysis continued
$ million
2006
Rest of Rest of
By geographical area UK Europe US World Total
Sales and other operating revenues
Segment sales and other operating revenues 105,518 76,768 99,935 71,547 353,768
Less: sales between areas (50,942) (14,821) (5,032) (17,067) (87,862)
Third party sales 54,576 61,947 94,903 54,480 265,906
Equity-accounted earnings 5 13 127 3,850 3,995
Interest and other revenues 258 7 107 329 701
Total revenues 54,839 61,967 95,137 58,659 270,602
Segment results
Profit before interest and taxation from continuing operations 5,897 3,282 11,164 14,815 35,158
Finance costs and net finance income relating to pensions and
other post-retirement benefits 43 (262) (331) 34 (516)
Profit before taxation from continuing operations 5,940 3,020 10,833 14,849 34,642
Taxation (3,158) (1,176) (3,553) (4,444) (12,331)
Profit for the year from continuing operations 2,782 1,844 7,280 10,405 22,311
Profit (loss) from Innovene operations 31 (76) (2) 22 (25)
Profit for the year 2,813 1,768 7,278 10,427 22,286
Other segment information
Depreciation, depletion and amortization 2,139 840 3,459 2,690 9,128
Exploration expense 20 633 392 1,045
Impairment losses 171 114 176 461
Impairment reversals 176 90 74 340
Loss on remeasurement to fair value less costs to sell and on
disposal of Innovene operations 185 36 (16) (21) 184
Losses on sale of businesses and fixed assets 12 96 217 103 428
Gains on sale of businesses and fixed assets 337 577 2,530 270 3,714
125
Financial statements