BP - Annual F&O information - including pro forma data*

BP performance versus comparatives: E&P versus BP average oil realizations
This chart shows replacement cost operating profit (pro forma) 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	1999	2000	2001	2002	2003
E&P - comparatives & statistics - select from menu
E&P RCOP and oil price realizations - select from menu
E&P RCOP Total (pro forma) (1)	$ billion	5.84	15.19	14.29	10.06	16.23
BP average oil realizations (5)	$/bbl	16.74	26.63	22.5	22.69	27.25

All the financial data for 1999 to 2003 has been restated to reflect (i) the transfer of NGLs operations from E&P to GP&R and (ii) the impact of change in ESOP accounting. Only data for 2002 and 2003 has been restated to reflect the adoption by the group of "Retirement Benefits Reporting Standard (FRS17)"

(1) Replacement cost profit is after exceptional items and excluding stock holding gains and losses.
(5) Crude oil and natural gas liquids.

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