BP PLC
For the period ended Dec 31, 2024. Filed Mar 6, 2025.
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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.
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
Group statement of changes in equitya
| $ million | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Share capital and capital reserves · Treasury shares · Foreign currency translation reserve · Fair value reserves · Profit and loss account · bp shareholders' equity · Non-controlling interests · Total equity | |||||||||
| Hybrid bonds · Other interest | |||||||||
| At 1 January 2024 | 48,013 | (11,323) | (1,920) | 174 | 35,339 | 70,283 | 13,566 | 1,644 | 85,493 |
| Profit for the year | — | — | — | — | 381 | 381 | 641 | 207 | 1,229 |
| Other comprehensive income | — | — | (276) | (452) | 354 | (374) | — | (87) | (461) |
| Total comprehensive income | — | — | (276) | (452) | 735 | 7 | 641 | 120 | 768 |
| Dividendsb | — | — | — | — | (5,018) | (5,018) | — | (375) | (5,393) |
| Cash flow hedges transferred to the balance sheet, net of tax | — | — | — | (10) | — | (10) | — | — | (10) |
| Repurchase of ordinary share capital | — | — | — | — | (7,302) | (7,302) | — | — | (7,302) |
| Share-based payments, net of tax | 216 | 2,293 | — | — | (1,426) | 1,083 | — | — | 1,083 |
| Issue of perpetual hybrid bonds | — | — | — | — | (22) | (22) | 4,352 | — | 4,330 |
| Redemption of perpetual hybrid bonds, net of tax | — | — | — | — | 9 | 9 | (1,300) | — | (1,291) |
| Payments on perpetual hybrid bonds | — | — | — | — | — | — | (610) | — | (610) |
| Transactions involving non-controlling interests, net of tax | — | — | — | — | 216 | 216 | — | 1,034 | 1,250 |
| At 31 December 2024 | 48,229 | (9,030) | (2,196) | (288) | 22,531 | 59,246 | 16,649 | 2,423 | 78,318 |
| At 1 January 2023 | 47,873 | (12,153) | (2,643) | (256) | 34,732 | 67,553 | 13,390 | 2,047 | 82,990 |
| Profit for the year | — | — | — | — | 15,239 | 15,239 | 586 | 55 | 15,880 |
| Other comprehensive income | — | — | 728 | 431 | (1,696) | (537) | — | 26 | (511) |
| Total comprehensive income | — | — | 728 | 431 | 13,543 | 14,702 | 586 | 81 | 15,369 |
| Dividendsb | — | — | — | — | (4,831) | (4,831) | — | (403) | (5,234) |
| Cash flow hedges transferred to the balance sheet, net of tax | — | — | — | (1) | — | (1) | — | — | (1) |
| Repurchase of ordinary share capital | — | — | — | — | (8,167) | (8,167) | — | — | (8,167) |
| Share-based payments, net of tax | 140 | 830 | — | — | (301) | 669 | — | — | 669 |
| Share of equity-accounted entities’ changes in equity, net of tax | — | — | — | — | 1 | 1 | — | — | 1 |
| Issue of perpetual hybrid bonds | — | — | — | — | (1) | (1) | 176 | — | 175 |
| Payments on perpetual hybrid bonds | — | — | (5) | — | — | (5) | (586) | — | (591) |
| Transactions involving non-controlling interests, net of tax | — | — | — | — | 363 | 363 | — | (81) | 282 |
| At 31 December 2023 | 48,013 | (11,323) | (1,920) | 174 | 35,339 | 70,283 | 13,566 | 1,644 | 85,493 |
| At 1 January 2022 | 46,871 | (12,624) | (9,572) | (1,027) | 51,815 | 75,463 | 13,041 | 1,935 | 90,439 |
| Profit for the year | — | — | — | — | (2,487) | (2,487) | 519 | 611 | (1,357) |
| Other comprehensive income | — | — | 6,914 | 770 | 585 | 8,269 | — | (61) | 8,208 |
| Total comprehensive income | — | — | 6,914 | 770 | (1,902) | 5,782 | 519 | 550 | 6,851 |
| Dividendsb | — | — | — | — | (4,365) | (4,365) | — | (294) | (4,659) |
| Cash flow hedges transferred to the balance sheet, net of tax | — | — | — | 1 | — | 1 | — | — | 1 |
| Issue of ordinary share capital | 820 | — | — | — | — | 820 | — | — | 820 |
| Repurchase of ordinary share capital | — | — | — | — | (10,493) | (10,493) | — | — | (10,493) |
| Share-based payments, net of tax | 182 | 471 | — | — | 194 | 847 | — | — | 847 |
| Issue of perpetual hybrid bonds | — | — | — | — | (4) | (4) | 374 | — | 370 |
| Payments on perpetual hybrid bonds | — | — | 15 | — | — | 15 | (544) | — | (529) |
| Transactions involving non-controlling interests, net of tax | — | — | — | — | (513) | (513) | — | (144) | (657) |
| At 31 December 2022 | 47,873 | (12,153) | (2,643) | (256) | 34,732 | 67,553 | 13,390 | 2,047 | 82,990 |
a See Note 32 for further information.
b See Note 10 for further information.
Financial statements
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