BP PLC
For the period ended Dec 31, 2023. Filed Mar 8, 2024.
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The yearly report of a company based outside the US. It covers much of what a 10-K does, and may follow accounting rules other than US ones.
FY2023 · Filed Mar 8, 2024
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BP$44.53-0.4%Stored close · as of Nov 6, 2026
Contents
5. Segmental analysis – continued
| $ million | |||||||
|---|---|---|---|---|---|---|---|
| By business · gas & low carbon energy · oil production & operations · customers & products · other businesses & corporate · Consolidation adjustment and eliminations · Total group | |||||||
| Segment revenues | |||||||
| Sales and other operating revenues | 30,840 | 24,519 | 130,095 | 1,724 | (29,439) | 157,739 | |
| Less: sales and other operating revenues between segments | (4,563) | (22,408) | (1,226) | (1,242) | 29,439 | — | |
| Third party sales and other operating revenues | 26,277 | 2,111 | 128,869 | 482 | — | 157,739 | |
| Earnings from joint ventures and associates – after interest and tax | 426 | 576 | 385 | 2,612 | — | 3,999 | |
| Segment results | |||||||
| Replacement cost profit (loss) before interest and taxation | 2,133 | 10,501 | 2,208 | (348) | (67) | 14,427 | |
| Inventory holding gains (losses)a | 33 | 8 | 3,355 | — | — | 3,655 | |
| Profit (loss) before interest and taxation | 2,166 | 10,509 | 5,563 | (89) | (67) | 18,082 | |
| Finance costs | (2,857) | ||||||
| Net finance income relating to pensions and other post-retirement benefits | 2 | ||||||
| Profit before taxation | 15,227 | ||||||
| Other income statement items | |||||||
| Depreciation, depletion and amortization | |||||||
| US | 80 | 3,174 | 1,349 | 94 | — | 4,697 | |
| Non-US | 4,384 | 3,354 | 1,651 | 719 | — | 10,108 | |
| Charges for provisions, net of write-back of unused provisions, including change in discount rate | 173 | 7 | 3,063 | 477 | — | 3,720 | |
| Segment assets | |||||||
| Investments in joint ventures and associates | 5,224 | 8,044 | 3,291 | 14,424 | — | 30,983 | |
| Additions to non-current assetsb | 4,963 | 6,090 | 3,940 | 1,007 | — | 16,000 | |
| $ million | |||
|---|---|---|---|
| By geographical area | US | Non-US | Total |
| Revenues | |||
| Third party sales and other operating revenuesa | 60,577 | 149,553 | 210,130 |
| Other income statement items | |||
| Production and similar taxes | 136 | 1,643 | 1,779 |
| Non-current assets | |||
| Non-current assetsb c | 64,238 | 83,816 | 148,054 |
a Non-US region includes UK $39,975 million
b Non-US region includes UK $23,949 million
| $ million | |||
|---|---|---|---|
| By geographical area | US | Non-US | Total |
| Revenues | |||
| Third party sales and other operating revenuesa | 71,118 | 170,274 | 241,392 |
| Other income statement items | |||
| Production and similar taxes | 194 | 2,131 | 2,325 |
| Non-current assets | |||
| Non-current assetsb c | 60,237 | 89,144 | 149,381 |
a Non-US region includes UK $36,541 million.
b Non-US region includes UK $24,813 million.
Financial statements
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