|
Units
|
2004
|
2005
|
2006
|
2007
|
2008
|
Cost of supply - BP (14)
|
$/boe
|
9.54
|
10.44
|
12.51
|
14.81
|
15.46
|
Net income - $/boe - select from menu
|
|
|
|
|
|
|
Net income - $/boe - BP
|
$/boe
|
8.40
|
12.51
|
11.91
|
12.62
|
17.67
|
Net income - $/boe - other oil majors (max)
|
$/boe
|
10.81
|
15.32
|
16.96
|
17.14
|
23.23
|
Net income - $/boe - other oil majors (min)
|
$/boe
|
7.31
|
9.74
|
11.24
|
12.35
|
17.68
|
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.
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