Capital Expenditure 2010 2011 2012 2013 2014 2015 Cumulative divestments 2010 2011 2012 2013 2014 2015 planned capital budget divestments
replacement cost $ 12.1 bn operating cash flow of $ 32.8 bn Organic capital expenditure of $ 22.9 bn divestment proceeds of $ 3.5 bn Gearing at 16.7% dividend paid of $ 5.9 bn and share buybacks of $ 4.8 bn reserves replacement ratio of…
upstream downstream other businesses & corporate 4Q13 3Q14 4Q14 RCPBIT replacement cost profit underlying earnings per share dividend paid per share operating cash flow
upstream realisations volume underlying RCPBIT 4Q13 1Q14 2Q14 3Q14 4Q14 US Liquids gas mcf bbl
share of underlying net income share of dividend average oil marker prices 4Q13 1Q14 2Q14 3Q14 4Q14 Russia
average refining marker margin refining availability underlying RCPBIT fuels petrochemicals lubricants petrochemicals RCPBIT replacement cost profit before interest and tax adjusted for non-operating items and fair value accounting…
OB&C underlying RCPBIT underlying effective tax rate 4Q13 1Q14 2Q14 3Q14 4Q14 bn other businesses and corporate replacement cost profit before interest and tax RCPBIT, adjusted for non-operating items
income statement charge for the period balacne sheet brought forward charge to income statement payments into trust fund cash settlements received other related payments in the period carried forward cash outflow to end 2013 FY 2014…
38 of divestments completed in 2013 of further divestments planned by end 2015 of divestments agreed to date including package assets on Alaskan North Slope Oman-Khazzan fame-down Gulf of Mexico Paleogene assets farm-down Global Aviation…
net cash from TNK-BP other disposals underlying cash flow sources uses gulf of mexico oil spill share buybacks dividends organic CAPEX 2013 2014 disposals and capes in 2013 have been reduced by $2.9 bn to show only the net proceeds…
2015 guidance production organic capital expenditure DD&A other businesses and corporate: average underlying quarterly charge full year 2014 actual full year 2015 guidance effective tax rate
plan delivered financial outlook near term divestment program capital expenditure resizing cost base longer term financial framework rebalanced to lower oil prices gearing within 10 t0 20% band while uncertainties remain post-tax…
advantaged manufacturing top quartile refining BP 2015 refining capacity Europe United States world Solomon refining availability 2007 2008 2009 2010 2011 2012 2013 2014 medium term feedstock advantage European portfolio quality Total…
marketing growth and returns % fuels marketing lubricants profit from growth markets pre-tax returns - total business markets 2011 to 2014 distinctive retail partnerships UK gross margin per site average BP/M&S indexed profits 2011…
simplification and efficiency strong track record of efficiency delivery cash cost efficiency of 2018 2014 underpinned by 4 major programs head office and support costs simplified business model manufacturing efficiency cash costs…
pre-tax returns 2013 2014 operating cash flow medium term net income per barrel competition BP