BP - annual data

	Units	2004	2005	2006	2007	2008
Capital expenditure - select from menu
Capital expenditure - Total	$m	16,651	14,149	17,231	20,641	30,700
Capital expenditure - by business - select from menu
Capital expenditure - E&P	$m	11,412	10,398	13,252	14,207	22,227
Capital expenditure - R&M	$m	2,983	2,845	3,127	5,495	6,634
Capital expenditure - Other businesses and corporate (5)	$m	2,256	906	852	939	1,839

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.

(5) 2004 included $1,391 million for the acquisition of Solvay's interest in the BP Solvay joint venture.

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BP Annual data 2004 - 2008