BP PLC

For the period ended Dec 31, 2024. Filed Mar 6, 2025.

About this filing

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.

FY2024 · Filed Mar 6, 2025

Use the contents to explore the available documents and sections.

BP$44.53-0.4%Stored close · as of Nov 6, 2026

Contents

Non-IFRS measure. EV gross margin, as applicable to the directors’

remuneration performance measure, is calculated as RC profit before

interest and tax for the customers & products segment, excluding RC profit

before interest and tax for the refining & trading business (a non-IFRS

measure), and adjusting items« (as defined above) for the convenience &

mobility business to derive underlying RC profit before interest and tax for

the convenience & mobility business; subtracting underlying RC profit

before interest and tax for the Castrol business; adding back depreciation,

depletion and amortization, production and manufacturing, distribution and

administration expenses for convenience & mobility (excluding Castrol);

subtracting earnings from equity-accounted entities in the convenience &

mobility business (excluding Castrol) and gross margin for the convenience

and retail fuels, aviation, B2B and midstream businesses. The nearest IFRS

measure to EV gross margin is RC profit before interest and tax for the

customer & products segment.

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