BP 2010 Annual Report Download - page 1
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Annual Report
and Form 20-F
2010
bp.com/annualreport
What’s inside?
5 Business review
6 Chairman’s letter
8 Board of directors
10 Group chief executive’s letter
12 Progress in 2010
14 Group overview
34 Gulf of Mexico oil spill
40 Exploration and Production
55 Refining and Marketing
61 Other businesses and corporate
63 Liquidity and capital resources
68 Corporate responsibility
76 Research and technology
78 Regulation of the group’s business
81 Certain definitions
83 Directors and senior management
84 Directors and senior management
87 Directors’ interests
89 Corporate governance
90 Board performance report
105 Corporate governance practices
106 Code of ethics
106 Controls and procedures
107 Principal accountants’ fees and services
108 Memorandum and Articles of Association
111 Directors’ remuneration report
112 Part 1 Summary
114 Part 2 Executive directors’ remuneration
120 Part 3 Non-executive directors’ remuneration
123 Additional information for
shareholders
124 Critical accounting policies
127 Property, plants and equipment
127 Share ownership
128 Major shareholders and related party transactions
129 Dividends
130 Legal proceedings
133 Relationships with suppliers and contractors
134 Share prices and listings
135 Material contracts
135 Exchange controls
135 Taxation
137 Documents on display
137 Purchases of equity securities by the issuer
and affiliated purchasers
138 Fees and charges payable by a holder of ADSs
138 Fees and payments made by the Depositary
to the issuer
139 Called-up share capital
139 Administration
139 Annual general meeting
140 Exhibits
141 Financial statements
142 Consolidated financial statements of the BP group
150 Notes on financial statements
228 Supplementary information on oil and natural gas
(unaudited)
PC1 Parent company financial statements of BP p.l.c.