BP Annual data

BP performance versus comparatives: E&P versus Brent Oil
This chart shows replacement cost profit before interest and tax of the Exploration and Production business stream (bar format, left hand scale), compared with the Brent Oil price (line format, right hand scale).

Image with a graph of BP performance versus comparatives: E&P versus Brent Oil

	Units	2001 (UK GAAP - pre-FRS17)	2002 (UK GAAP)	2003 (IFRS)	2004 (IFRS)	2005 (IFRS)
Replacement cost profit before interest and tax (1,2) - Total	$m	16,562	11,200	18,712	23,389	29,796
RCPBIT - by business - select from menu
RCPBIT - E&P	$m	12,472	8,277	15,081	18,075	25,485
Brent oil price	$/bbl	24.44	25.03	28.83	38.27	54.48

The financial information for 2003 and 2004 has been restated to reflect the adoption of IFRS. The financial information for 2000 to 2002 has not been restated for IFRS and remains on the basis of UK GAAP. UK GAAP information for 2002 reflects the adoption by the group of Financial Reporting Standard No. 17 'Retirement Benefits' (FRS 17) with effect from 1 January 2004. Financial information for 2000 and 2001 has not been restated for FRS 17.

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BP - Annual data 2001- 2005