BP - annual data

Capital expenditure: By geographical area
This stacked bar chart shows capital expenditure, analyzed by geographical area.

Image with a graph of Capital expenditure: By geographical area

	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 geographical area - select from menu
Capital expenditure - US (6,7)	$m	6,005	5,469	6,592	7,487	16,046
Capital expenditure - Non-US (8,9,10)	$m	10,646	8,680	10,639	13,154	14,654

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.

(6) 2008 included $3,667 million for the purchase of all of Chesapeake Energy Corporation's interest in the Arkoma basin Woodford Shale assets and a 25% interest in Chesapeake's Fayetteville Shale assets.
(7) 2008 included an asset exchange of $1,909 million relating to the formation of an integrated North American oil sands business with Husky Energy Inc.
(8) 2008 included $2,822 million relating to the formation of an integrated North American Oil Sands business with Husky Energy Inc. 2006 included $1 billion for the of shares in Rosneft.
(9) 2004 included $1,354 million relating to the incorporation into TNK-BP of the Alfa Group and Access-Renova’s 50% interest in Slavneft.
(10) 2007 included the acquisition of Chevron’s Netherlands manufacturing company for $1,132 million.

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BP Annual data 2004 - 2008