BP - annual data

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

Image with a graph of BP performance versus comparatives: E&P versus BP average oil realizations

	Units	2004	2005	2006	2007	2008
E&P - comparatives & statistics - select from menu
E&P RCPBIT and oil realizations - select from menu
E&P reported RCPBIT Total (11)	$ billion	18.98	26.31	31.03	27.6	38.31
BP average liquids realizations (12)	$/bbl	35.39	48.51	59.23	67.45	90.2

The group adopted International Financial Reporting Standards (IFRS) with effect from 1 January 2005. Financial information for 2004 has been restated to reflect the adoption of IFRS. BP chose not to adopt International Accounting Standard No. 39 'Financial Instruments: Recognition and Measurement' (IAS 39) until 1 January 2005, and so financial assets and liabilities, including derivatives, are reported on the basis of UK generally accepted accounting practice (UK GAAP) for 2004. The balance sheet at 1 January 2005 is also presented to show the effect of adopting IAS 39.

(11) Includes equity-accounted entities.
(12) Crude oil and NGLs.

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BP Annual data 2004 - 2008