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Profit Loss Gain Income Statement Translation

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Profit Loss Gain Income Statement Translation Powered By Docstoc
					    Quarterly Financial and Operating Information 2006-2010
    Group information




    Group income statement by quarter
                                                                                                                                                                                                                                                                                                                                              $ million
                                                                                                  Q1        Q2        Q3       Q4       2006       Q1       Q2        Q3        Q4       2007       Q1        Q2        Q3        Q4       2008        Q1        Q2        Q3        Q4      2009        Q1         Q2        Q3       Q4        2010
    Sales and other operating revenues                                                        63,288    72,132    68,540 61,946      265,906 61,307      71,872 71,334 79,852         284,365    87,745 108,747 103,174 61,477          361,143    47,296    54,777    66,218    70,981    ###### 73,071        73,725    70,608 79,703      297,107
    Earnings from jointly controlled entities – after interest and tax                           573       818     1,878    284        3,553    333         910    900    992           3,135       975   1,752   1,172    (876)          3,023       220       357       359       350     1,286    403           257       282    233        1,175
    Earnings from associates - after interest and tax                                            115       114        88    125          442    163         173    204    157             697       225     251     155     167             798       285       714       920       696     2,615    763           760       934  1,125        3,582
    Interest and other income                                                                    198       106       220    177          701    233         128    172    221             754       278     153     135     170             736       203       191       157       241       792    142           158       207    174          681
    Gains on sale of businesses and fixed assets                                                 597       541     2,276    300        3,714    680       1,309    228    270           2,487       925      79     193     156           1,353        81       522       202     1,368     2,173     38           971     2,621  2,753        6,383
    Total revenues and other income                                                           64,771    73,711    73,002 62,832      274,316 62,716      74,392 72,838 81,492         291,438    90,148 110,982 104,829 61,094          367,053    48,085    56,561    67,856    73,636    ###### 74,417        75,871    74,652 83,988      308,928
    Purchases                                                                                 43,819    50,427    48,431 44,506      187,183 42,660      49,983 51,810 56,313         200,766    62,389  77,499  77,234 49,860          266,982    30,777    36,007    46,787    50,201    ###### 51,641        54,536    51,695 58,339      216,211
    Production and manufacturing expensesa                                                     4,854     5,471     5,854  6,051       22,230  5,423       5,870  5,847  7,085          24,225     6,179   6,592   6,818   7,167          26,756     5,894     5,683     5,585     6,040    23,202  5,740        37,979    13,374  7,522       64,615
    Production and similar taxes                                                               1,295     1,260     1,623  1,006        5,184  1,076       1,233  1,371  2,023           5,703     2,229   3,115   2,617     992           8,953       674       987     1,007     1,084     3,752  1,276         1,238     1,206  1,524        5,244
    Depreciation, depletion and amortization                                                   2,184     2,309     2,194  2,441        9,128  2,519       2,535  2,505  3,020          10,579     2,782   2,850   2,653   2,700          10,985     2,823     3,092     2,991     3,200    12,106  2,996         2,780     2,754  2,634       11,164
    Impairment and losses on sale of businesses and fixed assets                                  23        79       387     60          549    223         455    129    872           1,679        40      23      54   1,616           1,733       137       216       157     1,823     2,333    164           (56)      380  1,201        1,689
    Exploration expense                                                                          189        97       351    408        1,045    156         155    244    201             756       293     118     232     239             882       119       347       378       272     1,116    120           132       160    431          843
    Distribution and administration expenses                                                   3,096     3,516     3,630  4,205       14,447  3,457       3,565  4,137  4,212          15,371     3,896   3,977   3,794   3,745          15,412     3,349     3,290     3,420     3,979    14,038  3,020         2,939     3,187  3,409       12,555
    Fair value (gain) loss on embedded derivatives                                               442      (261)     (493)  (296)        (608)  (155)       (283)   (14)   459               7       690   2,081  (1,098) (1,562)            111      (186)     (154)     (370)      103      (607)  (146)          452       (20)    23          309
    Profit (loss) before interest and taxation from continuing operations                      8,869    10,813    11,025  4,451       35,158  7,357      10,879  6,809  7,307          32,352    11,650  14,727  12,525  (3,663)         35,239     4,498     7,093     7,901     6,934    26,426  9,606       (24,129)    1,916  8,905       (3,702)
    Finance costsa                                                                              (254)     (222)     (238)  (272)        (986)  (331)       (317)  (337)  (408)         (1,393)     (406)   (381)   (391)   (369)         (1,547)     (318)     (274)     (266)     (252)   (1,110)  (238)         (225)     (348)  (359)      (1,170)
    Net finance income (expense) relating to pensions and other
       post-retirement benefits                                                                  111     115     121          123        470       160     162       164       166        652     160        160       153       118        591       (50)      (47)      (45)      (50)     (192)       10         11        13       13         47
    Profit (loss) before taxation from continuing operations                                   8,726 10,706 10,908          4,302     34,642     7,186 10,724      6,636     7,065     31,611 11,404      14,506    12,287    (3,914)    34,283     4,130     6,772     7,590     6,632    25,124     9,378    (24,343)    1,581    8,559     (4,825)
    Taxationa                                                                                 (2,929) (3,441) (4,614)      (1,347)   (12,331)   (2,440) (3,283)   (2,158)   (2,561)   (10,442) (4,192)    (5,036)   (4,101)      712    (12,617)   (1,533)   (2,343)   (2,235)   (2,254)   (8,365)   (3,190)     7,295       292   (2,896)     1,501
    Profit (loss) from continuing operations                                                   5,797   7,265   6,294        2,955     22,311     4,746   7,441     4,478     4,504     21,169   7,212      9,470     8,186    (3,202)    21,666     2,597     4,429     5,355     4,378    16,759     6,188    (17,048)    1,873    5,663     (3,324)
    Profit (loss) from Innovene operations                                                      (103)     78       –            –        (25)        –       –         –         –          –       –          –         –         –          –         –         –         –         –         –         –          –         –        –          –
    Profit (loss) for the period                                                               5,694   7,343   6,294        2,955     22,286     4,746   7,441     4,478     4,504     21,169   7,212      9,470     8,186    (3,202)    21,666     2,597     4,429     5,355     4,378    16,759     6,188    (17,048)    1,873    5,663     (3,324)

    Attributable to
       BP shareholders                                                                         5,623     7,266     6,231   2,880      22,000    4,664    7,376    4,406     4,399      20,845    7,094     9,358     8,049    (3,344)    21,157     2,562     4,385     5,336     4,295    16,578    6,079     (17,150)    1,785   5,567      (3,719)
       Minority interest                                                                          71        77        63      75         286       82       65       72       105         324      118       112       137       142        509        35        44        19        83       181      109         102        88      96         395
                                                                                               5,694     7,343     6,294   2,955      22,286    4,746    7,441    4,478     4,504      21,169    7,212     9,470     8,186    (3,202)    21,666     2,597     4,429     5,355     4,378    16,759    6,188     (17,048)    1,873   5,663      (3,324)

    Earnings per share - cents
    Profit (loss) for the period attributable to BP shareholders
      Basic                                                                                     27.4     35.94     31.46    15.04     109.84     24.06    38.37    23.18     23.15     108.76     37.58    49.70     42.93    (17.62)    112.59     13.69     23.41     28.48     22.90     88.49    32.39      (91.29)     9.50   29.62      (19.81)
      Diluted                                                                                  27.13     35.59      31.4    14.88     109.00     23.94    38.18    23.07     22.65     107.84     37.25    49.23     42.56    (17.62)    111.56     13.54     23.16     28.18     22.64     87.54    31.99      (91.29)     9.38   29.28      (19.81)

    Profit (loss) from continuing operations attributable to BP shareholders
      Basic                                                                                     27.9     35.57     31.46    15.04     109.97     24.06    38.37    23.18     23.15     108.76     37.58    49.70     42.93    (17.62)    112.59     13.69     23.41     28.48     22.90     88.49    32.39      (91.29)     9.50   29.62      (19.81)
      Diluted                                                                                  27.63     35.21      31.4    14.88     109.12     23.94    38.18    23.07     22.65     107.84     37.25    49.23     42.56    (17.62)    111.56     13.54     23.16     28.18     22.64     87.54    31.99      (91.29)     9.38   29.28      (19.81)

a
    2010 includes the impact of the Gulf of Mexico oil spill. For more information See Gulf
    of Mexico oil spill note.




                   C:\Docstoc\Working\pdf\265e9784-af66-4bb3-985e-5c9fea41b25a.xlsGroup income statement
Quarterly Financial and Operating Information 2006-2010
Group information



Group statement of comprehensive income
                                                                                                                                                                                                                                                                                                                           $ million
                                                                                       Q1        Q2           Q3      Q4      2006       Q1       Q2       Q3       Q4       2007      Q1        Q2        Q3         Q4        2008       Q1      Q2       Q3       Q4       2009      Q1         Q2       Q3       Q4         2010
Profit (loss) for the period                                                        5,694     7,343     6,294      2,955    22,286    4,746    7,441    4,478    4,504    21,169    7,212     9,470     8,186     (3,202)   21,666      2,597    4,429   5,355    4,378    16,759    6,188    (17,048)   1,873    5,663     (3,324)
Currency translation differences                                                      153       309       531      1,032     2,025      174      621      788      304     1,887      778       255    (3,125)    (2,270)   (4,362)    (1,011)   2,351     549      (63)    1,826     (526)    (1,000)   1,759       26        259
Exchange losses (gains) on translation of foreign operations transferred to
   gain or loss on sale of businesses and fixed assets                                  –         –         –          –         –      (19)    (128)       –        –      (147)       –         –         –          –          –        –        42       4      (73)      (27)       –         39      (11)     (48)       (20)
Actuarial gain (loss) relating to pensions and other post-retirement benefits           –         –         –      2,615     2,615        –        –        –    1,717     1,717        –         –         –     (8,430)    (8,430)       –         –       –     (682)     (682)       –          –        –     (320)      (320)
Available-for-sale investments marked to market                                       197       (44)      144        264       561     (109)       6       78      225       200     (191)      322      (703)      (422)      (994)      74       207     256      168       705      (93)      (230)      67       65       (191)
Available-for-sale investments - recycled to the income statement                    (346)      (79)       (1)      (269)     (695)       –        –      (91)       –       (91)      (5)        –       (15)       546        526        2         –       –        –         2        –       (143)       1       (8)      (150)
Cash flow hedges marked to market                                                      57       230       (15)       141       413       28       13      139      (25)      155       74        49      (594)      (702)    (1,173)    (211)      648     176       39       652     (162)      (245)     322       20        (65)
Cash flow hedges - recycled to the income statement                                    57        19       (26)      (143)      (93)     (60)     (21)      (5)      12       (74)      (2)        1        16         30         45      239       178      71     (122)      366      (94)        21       32       16        (25)
Cash flow hedges - recycled to the balance sheet                                        –         –         5        (11)       (6)      (7)       –       (2)     (31)      (40)     (23)      (18)      (20)        23        (38)      71        42      19        4       136       13         18       14        8         53
Taxation                                                                               37       (27)      (88)      (882)     (960)      (9)    (218)     196     (245)     (276)      97        (4)      292      2,561      2,946      (82)      439     (46)     214       525     (119)       (48)     (91)     121       (137)
Other comprehensive income (expense)                                                  155       408       550      2,747     3,860       (2)     273    1,103    1,957     3,331      728       605    (4,149)    (8,664)   (11,480)    (918)    3,907   1,029     (515)    3,503     (981)    (1,588)   2,093     (120)      (596)
Total comprehensive income (expense)                                                5,849     7,751     6,844      5,702    26,146    4,744    7,714    5,581    6,461    24,500    7,940    10,075     4,037    (11,866)    10,186    1,679     8,336   6,384    3,863    20,262    5,207    (18,636)   3,966    5,543     (3,920)
Attributable to
   BP shareholders                                                                  5,778     7,674     6,781      5,578    25,811    4,646    7,644    5,478    6,384    24,152    7,818     9,964    3,914     (11,944)    9,752     1,668     8,260   6,375    3,834    20,137    5,105    (18,737)   3,865    5,449     (4,318)
   Minority interest                                                                   71        77        63        124       335       98       70      103       77       348      122       111      123          78       434        11        76       9       29       125      102        101      101       94        398
                                                                                    5,849     7,751     6,844      5,702    26,146    4,744    7,714    5,581    6,461    24,500    7,940    10,075    4,037     (11,866)   10,186     1,679     8,336   6,384    3,863    20,262    5,207    (18,636)   3,966    5,543     (3,920)




                 C:\Docstoc\Working\pdf\265e9784-af66-4bb3-985e-5c9fea41b25a.xlsStatement of compreh income
    Quarterly Financial and Operating Information 2006-2010
    Group information




    Summarized group income statement by quarter
                                                                                                                                                                                                                                                                                                                                                          $ million
                                                                                                              Q1        Q2        Q3        Q4       2006        Q1        Q2        Q3        Q4      2007        Q1        Q2        Q3        Q4      2008        Q1        Q2        Q3        Q4      2009       Q1         Q2        Q3       Q4        2010
    Replacement cost results
                                                                       a
    Replacement cost profit (loss) before interest and tax
       By business
         Exploration and Production                                                                       7,126     8,244     10,078    5,578     31,026     6,306     7,119     6,307      7,870    27,602    10,072    10,771    12,709    4,756     38,308    4,320     5,046     6,929      8,505    24,800    8,292   6,244        8,350     8,000 30,886
         Refining and Marketing                                                                           1,498     1,858      1,480      325      5,161       804     2,742       371     (1,296)    2,621     1,249       539     1,972      416      4,176    1,090       680       916     (1,943)      743      729   2,075        1,787       964    5,555
         Other businesses and corporate                                                                     (89)     (177)      (225)    (350)      (841)      (98)     (173)     (511)      (427)   (1,209)     (213)     (314)      (16)    (680)    (1,223)    (761)     (583)     (586)      (392)   (2,322)    (328)    (70)        (568)     (550) (1,516)
         Gulf of Mexico oil spill response                                                                    –         –          –        –          –         –         –         –          –         –         –         –         –        –          –        –         –         –          –         –        – (32,192)      (7,656)   (1,010) (40,858)
         Consolidation adjustment                                                                           (24)     (260)       436      (87)        65        42       (98)      103       (267)     (220)     (784)     (221)      838      633        466     (405)       76       104       (492)     (717)     208      98           85        56      447
    Replacement cost profit (loss) before interest and tax from                                                                                                                                                                                                                                                                                                –
       continuing operations                                                                              8,511     9,665     11,769    5,466     35,411     7,054     9,590     6,270     5,880     28,794    10,324    10,775    15,503    5,125     41,727    4,244     5,219     7,363     5,678     22,504    8,901    (23,845)   1,998      7,460   (5,486)
    Finance costs and net finance income or expense relating to                                                                                                                                                                                                                                                                                                –
       pensions and other post-retirement benefits                                                         (143)     (107)      (117)    (149)      (516)     (171)     (155)     (173)     (242)      (741)     (246)     (221)     (238)    (251)      (956)    (368)     (321)     (311)     (302)    (1,302)    (228)     (214)     (335)      (346) (1,123)
    Replacement cost profit (loss) before taxation from continuing                                                                                                                                                                                                                                                                                             –
       operations                                                                                          8,368     9,558    11,652     5,317     34,895     6,883     9,435     6,097     5,638    28,053    10,078    10,554    15,265     4,874 40,771        3,876     4,898     7,052     5,376    21,202     8,673 (24,059)     1,663      7,114   (6,609)
    Taxation on a replacement cost basis                                                                  (2,810)   (3,056)   (4,824)   (1,672)   (12,362)   (2,357)   (2,882)   (1,982)   (2,138)   (9,359)   (3,729)   (3,696)   (5,099)   (2,145) (14,669)    (1,454)   (1,714)   (2,052)   (1,846)   (7,066)   (2,966)  7,188        272     (2,404)   2,090
    Replacement cost profit (loss) from continuing operations                                              5,558     6,502     6,828     3,645     22,533     4,526     6,553     4,115     3,500    18,694     6,349     6,858    10,166     2,729 26,102        2,422     3,184     5,000     3,530    14,136     5,707 (16,871)     1,935      4,710   (4,519)
    Replacement cost profit (loss) from Innovene operations                                                 (103)       78         –         –        (25)        –         –         –         –         –         –         –         –         –        –          –         –         –         –         –         –       –          –          –        –
    Replacement cost profit (loss) for the period                                                          5,455     6,580     6,828     3,645     22,508     4,526     6,553     4,115     3,500    18,694     6,349     6,858    10,166     2,729 26,102        2,422     3,184     5,000     3,530    14,136     5,707 (16,871)     1,935      4,710   (4,519)
                                                                                                                                                                                                                                                                                                                                                               –
    Attributable to                                                                                                                                                                                                                                                                                                                                            –
       BP shareholders                                                                                    5,384     6,503      6,765    3,570     22,222     4,444     6,488     4,043     3,395     18,370     6,231     6,746    10,029    2,587     25,593    2,387     3,140     4,981     3,447     13,955    5,598    (16,973)   1,847      4,614   (4,914)
       Minority interest                                                                                     71        77         63       75        286        82        65        72       105        324       118       112       137      142        509       35        44        19        83        181      109        102       88         96      395
    Replacement cost profit (loss) for the period                                                         5,455     6,580      6,828    3,645     22,508     4,526     6,553     4,115     3,500     18,694     6,349     6,858    10,166    2,729     26,102    2,422     3,184     5,000     3,530     14,136    5,707    (16,871)   1,935      4,710   (4,519)

    Earnings on replacement cost profit (loss)
      per ordinary share - cents                                                                          26.24     32.18      34.06    18.47     110.95     22.93     33.75     21.27     17.90      95.85     33.01     35.83     53.43    13.93     136.20    12.75     16.76     26.59     18.38      74.49    29.82     (90.35)    9.83     24.55    (26.17)
      per ADS - dollars                                                                                    1.57      1.93       2.04     1.11       6.66      1.38      2.03      1.28      1.07       5.75      1.98      2.15      3.21     0.84       8.17     0.77      1.01      1.60      1.10       4.47     1.79      (5.42)    0.59      1.47     (1.57)

    Replacement cost profit (loss) for the period                                                         5,455     6,580      6,828    3,645     22,508     4,526     6,553     4,115     3,500     18,694     6,349     6,858    10,166     2,729    26,102    2,422     3,184     5,000     3,530     14,136    5,707    (16,871)   1,935     4,710    (4,519)
    Inventory holding gains (losses), net of tax                                                            239       763       (534)    (690)      (222)      220       888       363     1,004      2,475       863     2,612    (1,980)   (5,931)   (4,436)     175     1,245       355       848      2,623      481       (177)     (62)      953     1,195
    Profit (loss) for the period                                                                          5,694     7,343      6,294    2,955     22,286     4,746     7,441     4,478     4,504     21,169     7,212     9,470     8,186    (3,202)   21,666    2,597     4,429     5,355     4,378     16,759    6,188    (17,048)   1,873     5,663    (3,324)

    Earnings on profit (loss)
      per ordinary share – cents
         Basic                                                                                            27.40     35.94      31.46    15.04     109.84     24.06     38.37     23.18     23.15     108.76     37.58     49.70     42.93    (17.62)   112.59    13.69     23.41     28.48     22.90      88.49    32.39     (91.29)    9.50     29.62    (19.81)
         Diluted                                                                                          27.13     35.59      31.40    14.88     109.00     23.94     38.18     23.07     22.65     107.84     37.25     49.23     42.56    (17.62)   111.56    13.54     23.16     28.18     22.64      87.54    31.99     (91.29)    9.83     29.28    (19.81)
      per ADS – dollars
         Basic                                                                                             1.64      2.16       1.89     0.90        6.59     1.44      2.30      1.39      1.39       6.52      2.25      2.98      2.58     (1.06)     6.75     0.82      1.40      1.71      1.37       5.31     1.94      (5.48)    0.57      1.78      (1.19)
         Diluted                                                                                           1.63      2.14       1.88     0.89        6.54     1.44      2.29      1.38      1.36       6.47      2.24      2.95      2.55     (1.06)     6.69     0.81      1.39      1.69      1.36       5.25     1.92      (5.48)    0.56      1.76      (1.19)

    Earnings on profit (loss) from continuing operations
      per ordinary share – cents
         Basic                                                                                            27.90     35.57      31.46    15.04     109.97     24.06     38.37     23.18     23.15     108.76     37.58     49.70     42.93    (17.62)   112.59    13.69     23.41     28.48     22.90      88.49    32.39     (91.29)    9.50     29.62    (19.81)
         Diluted                                                                                          27.63     35.21      31.40    14.88     109.12     23.94     38.18     23.07     22.65     107.84     37.25     49.23     42.56    (17.62)   111.56    13.54     23.16     28.18     22.64      87.54    31.99     (91.29)    9.83     29.28    (19.81)
      per ADS – dollars
         Basic                                                                                             1.67      2.13       1.89     0.90        6.59     1.44      2.30      1.39      1.39       6.52      2.25      2.98      2.58     (1.06)     6.75     0.82      1.40      1.71      1.37       5.31     1.94      (5.48)    0.57      1.78      (1.19)
         Diluted                                                                                           1.66      2.11       1.88     0.89        6.54     1.44      2.29      1.38      1.36       6.47      2.24      2.95      2.55     (1.06)     6.69     0.81      1.39      1.69      1.36       5.25     1.92      (5.48)    0.56      1.76      (1.19)
a
    Replacement cost profit or loss reflects the replacement cost of supplies. The replacement
    cost profit or loss for the period is arrived at by excluding from profit or loss inventory holding
    gains and losses and their associated tax effect. Replacement cost profit or loss for the group
    is not a recognized GAAP measure.Inventory holding gains and losses represent the
    difference between the cost of sales calculated using the average cost to BP of supplies
    acquired during the period and the cost of sales calculated on the first-in first-out (FIFO)
    method after adjusting for any changes in provisions where the net realizable value of the
    inventory is lower than its cost. Under the FIFO method, which we use for IFRS reporting,
    the cost of inventory charged to the income statement is based on its historic cost of
    purchase, or manufacture, rather than its replacement cost

    In volatile energy markets, this can have a significant distorting effect on reported income.
    The amounts disclosed represent the difference between the charge (to the income
    statement) for inventory on a FIFO basis (after adjusting for any related movements in net
    realizable value provisions) and the charge that would have arisen if an average cost of
    supplies was used for the period. For this purpose, the average cost of supplies during the
    period is principally calculated on a monthly basis by dividing the total cost of inventory
    acquired in the period by the number of barrels acquired. The amounts disclosed are not
    separately reflected in the financial statements as a gain or loss. No adjustment is made in
    respect of the cost of inventories held as part of a trading position and certain other
    temporary inventory positions.


    Management believes this information is useful to illustrate to investors the fact that crude oil
    and product prices can vary significantly from period to period and that the impact on our
    reported result under IFRS can be significant. Inventory holding gains and losses vary from
    period to period due principally to changes in oil prices as well as changes to underlying
    inventory levels. In order for investors to understand the operating performance of the group
    excluding the impact of oil price changes on the replacement of inventories, and to make
    comparisons of operating performance between reporting periods, BP’s management
    believes it is helpful to disclose this information.




                    C:\Docstoc\Working\pdf\265e9784-af66-4bb3-985e-5c9fea41b25a.xlsSummarized reported results
Quarterly Financial and Operating Information 2006-2010
Group information




Replacement cost profit (loss) before interest and tax by business and geographical area
                                                                                                                                                                                                                                                                                              $ million
                                                             Q1       Q2        Q3       Q4      2006       Q1       Q2       Q3        Q4      2007        Q1        Q2        Q3       Q4      2008       Q1       Q2       Q3        Q4      2009       Q1         Q2        Q3       Q4       2010
By business
Exploration and Production
  US                                                      2,500    2,476     3,958    1,068    10,002    1,731    2,183    1,775    2,240      7,929     3,085     3,601     3,739    1,299    11,724    1,143    1,161    1,864    2,517      6,685    2,762     1,798     3,602     1,522    9,684
  Non-US                                                  4,626    5,768     6,120    4,510    21,024    4,575    4,936    4,532    5,630     19,673     6,987     7,170     8,970    3,457    26,584    3,177    3,885    5,065    5,988     18,115    5,530     4,446     4,748     6,478   21,202
                                                          7,126    8,244    10,078    5,578    31,026    6,306    7,119    6,307    7,870     27,602    10,072    10,771    12,709    4,756    38,308    4,320    5,046    6,929    8,505     24,800    8,292     6,244     8,350     8,000   30,886
Refining and Marketing
  US                                                        636      750       388     (416)    1,358     129       966     (522)   (1,805)   (1,232)      154      (401)      338     (735)     (644)     308     (326)    (229)   (2,331)   (2,578)    (63)       757       220        21       935
  Non-US                                                    862    1,108     1,092      741     3,803     675     1,776      893       509     3,853     1,095       940     1,634    1,151     4,820      782    1,006    1,145       388     3,321     792      1,318     1,567       943     4,620
                                                          1,498    1,858     1,480      325     5,161     804     2,742      371    (1,296)    2,621     1,249       539     1,972      416     4,176    1,090      680      916    (1,943)      743     729      2,075     1,787       964     5,555
Other businesses and corporate
  US                                                        (98)     (27)       58     (342)     (409)    (133)    (128)    (363)    (336)      (960)     (152)     (185)     (288)    (277)     (902)    (279)    (129)    (179)    (141)      (728)    (231)      (119)     (156)     (225)    (731)
  Non-US                                                      9     (150)     (283)      (8)     (432)      35      (45)    (148)     (91)      (249)      (61)     (129)      272     (403)     (321)    (482)    (454)    (407)    (251)    (1,594)     (97)        49      (412)     (325)    (785)
                                                            (89)    (177)     (225)    (350)     (841)     (98)    (173)    (511)    (427)    (1,209)     (213)     (314)      (16)    (680)   (1,223)    (761)    (583)    (586)    (392)    (2,322)    (328)       (70)     (568)     (550) (1,516)
                                                          8,535    9,925    11,333    5,553    35,346    7,012    9,688    6,167    6,147     29,014    11,108    10,996    14,665    4,492    41,261    4,649    5,143    7,259    6,170     23,221    8,693      8,249     9,569     8,414 34,925
Gulf of Mexico oil spill response                             –        –         –        –         –        –        –        –        –          –         –         –         –        –         –        –        –        –        –          –        –    (32,192)   (7,656)   (1,010) (40,858)
Consolidation adjustment                                    (24)    (260)      436      (87)       65       42      (98)     103     (267)      (220)     (784)     (221)      838      633       466     (405)      76      104     (492)      (717)     208         98        85        56      447
Total for continuing operations                           8,511    9,665    11,769    5,466    35,411    7,054    9,590    6,270    5,880     28,794    10,324    10,775    15,503    5,125    41,727    4,244    5,219    7,363    5,678     22,504    8,901    (23,845)    1,998     7,460   (5,486)

Innovene operations
   US                                                         7       (6)        –       15        16        –        –        –        –          –         –         –         –        –         –        –        –        –        –          –        –          –        –         –         –
   Non-US                                                  (103)     (82)        –      (15)     (200)       –        –        –        –          –         –         –         –        –         –        –        –        –        –          –        –          –        –         –         –
                                                            (96)     (88)        –        –      (184)       –        –        –        –          –         –         –         –        –         –        –        –        –        –          –        –          –        –         –         –
Total for period                                          8,415    9,577    11,769    5,466    35,227    7,054    9,590    6,270    5,880     28,794    10,324    10,775    15,503    5,125    41,727    4,244    5,219    7,363    5,678     22,504    8,901    (23,845)   1,998     7,460    (5,486)
By geographical area
  US                                                      3,071    2,932     4,784      230    11,017    1,756    2,933      983      (91)     5,581     2,621     3,267     4,419      371    10,678      854      730    1,516     (294)     2,806    2,590    (29,171)   (3,891)     385   (30,087)
  Non-US                                                  5,440    6,733     6,985    5,236    24,394    5,298    6,657    5,287    5,971     23,213     7,703     7,508    11,084    4,754    31,049    3,390    4,489    5,847    5,972     19,698    6,311      5,326     5,889    7,075    24,601
Total for continuing operations                           8,511    9,665    11,769    5,466    35,411    7,054    9,590    6,270    5,880     28,794    10,324    10,775    15,503    5,125    41,727    4,244    5,219    7,363    5,678     22,504    8,901    (23,845)    1,998    7,460    (5,486)




            C:\Docstoc\Working\pdf\265e9784-af66-4bb3-985e-5c9fea41b25a.xlsReplacement cost profit
    Quarterly Financial and Operating Information 2006-2010
    Group information




    Non-operating items by business
                                                                                                                                                                                                                                                                                                                     $ million
                                                                                              Q1      Q2       Q3      Q4        2006    Q1       Q2      Q3        Q4     2007     Q1        Q2       Q3        Q4       2008     Q1      Q2      Q3        Q4       2009     Q1         Q2        Q3        Q4         2010
    Exploration and Production
      Impairment and gain (loss) on sale of businesses and fixed assets                         9    329     1,897     175    2,410     605      102        1      149      857      21       111       33    (1,180)   (1,015)    73     359      72     1,070     1,574      (13)      660     1,735     1,430       3,812
      Environmental and other provisions                                                        –      –       (17)      –      (17)      –        –      (12)       –      (12)      –        (5)      (7)        –       (12)     –       –       3         –         3        –         –       (54)        –         (54)
      Restructuring, integration and rationalization costs                                      –      –         –       –        –       –        –        –     (186)    (186)    (44)        –       (6)       (7)      (57)    (1)     (6)      1        (4)      (10)    (104)      (13)       (6)      (14)       (137)
      Fair value gain (loss) on embedded derivatives                                         (450)   256       501     296      603     152      276       21     (449)       -    (684)   (2,082)   1,098     1,505      (163)   243     154     370      (103)      664      146      (452)       20       (23)       (309)
      Other                                                                                     –      –         –    (433)    (433)      –        –        –     (168)    (168)    331         –        –       (74)      257     (4)      –      25        13        34       12      (134)       46       (37)       (113)
                                                                                             (441)   585     2,381      38    2,563     757      378       10     (654)     491    (376)   (1,976)   1,118       244      (990)   311     507     471       976     2,265       41        61     1,741     1,356       3,199
    Refining and Marketing
       Impairment and gain (loss) on sale of businesses and fixed assets a                   563      112        –      51       726    (179)    767      105      (728)    (35)    814       (13)    114      (114)      801      (21)    (52)    (13)   (1,518)   (1,604)    (45)      270       507       145         877
       Environmental and other provisions                                                      –        –      (33)      –       (33)      –       –     (138)        –    (138)      –         –     (62)       (2)      (64)       –       –    (190)      (29)     (219)      –         –       (83)      (15)        (98)
       Restructuring, integration and rationalization costs                                    –        –        –       –         –       –       –        –      (118)   (118)   (205)      (86)    (52)     (104)     (447)    (263)   (114)    (38)     (492)     (907)     12       (30)      (32)      (47)        (97)
       Fair value gain (loss) on embedded derivatives                                          –        –        –       –         –       –       –        –         –       –       –         –       –        57        57      (57)      –       –         –       (57)      –         –         –         –           –
       Other                                                                                   –     (576)    (400)   (104)   (1,080)    (50)      –     (311)     (300)   (661)      –         –       –         –         –       (9)      –       –       193       184     (37)       (8)      (10)        3         (52)
                                                                                             563     (464)    (433)    (53)     (387)   (229)    767     (344)   (1,146)   (952)    609       (99)      –      (163)      347     (350)   (166)   (241)   (1,846)   (2,603)    (70)      232       382        86         630
    Other businesses and corporate
      Impairment and gain (loss) on sale of businesses and fixed assets                        2      21        (8)     14       29       31      (15)     (7)      (23)    (14)    50        (42)      (8)    (166)      (166)   (108)     (1)   (14)        (7)     (130)    (68)        97        (1)      (23)         5
      Environmental and other provisions                                                       –       –        96      (2)      94        –        –     (35)        –     (35)     –          –      (76)     (41)      (117)    (75)      –    (16)        16       (75)      –         (4)      (77)      (22)      (103)
      Restructuring, integration and rationalization costs                                     –       –         –       –        -        –        –       –       (34)    (34)   (58)       (75)     (30)     (91)      (254)    (71)    (37)   (28)       (47)     (183)    (38)       (22)       (8)      (13)       (81)
      Fair value gain (loss) on embedded derivatives                                           8       5        (8)      –        5        3        7      (7)      (10)     (7)    (6)         1        –        –         (5)      –       –      –          –         –       –          –         –         –          –
      Other                                                                                    –       –         –    (200)    (200)       –        –    (152)      (20)   (172)   (67)        (7)     (14)      (3)       (91)    (67)     (1)    (6)       (27)     (101)    (12)         –         –        (9)       (21)
                                                                                              10      26        80    (188)     (72)      34       (8)   (201)      (87)   (262)   (81)      (123)    (128)    (301)      (633)   (321)    (39)   (64)       (65)     (489)   (118)        71       (86)      (67)      (200)
    Gulf of Mexico oil spill response                                                          –       –         –       –        –        –        –       –         –       –      –          –        –        –          –       –       –      –          –         –       –    (32,192)   (7,656)   (1,010)   (40,858)
    Total before interest and taxation for continuing operations                             132     147     2,028    (203)   2,104      562    1,137    (535)   (1,887)   (723)   152     (2,198)     990     (220)    (1,276)   (360)    302    166       (935)     (827)   (147)   (31,828)   (5,619)      365    (37,229)
    Finance costsb                                                                             –       –         –       –        –        –        –       –         –       –      –          –        –        –          –       –       –      –          –         –       –          –       (47)      (30)       (77)
    Total before taxation for continuing operations                                          132     147     2,028    (203)   2,104      562    1,137    (535)   (1,887)   (723)   152     (2,198)     990     (220)    (1,276)   (360)    302    166       (935)     (827)   (147)   (31,828)   (5,666)      335    (37,306)
    Taxation credit (charge)c                                                                (44)    (47)     (840)     64     (867)    (192)    (347)    174       715     350    (56)       770     (331)      97        480     135    (106)   (48)      (221)     (240)     50      9,877     2,097      (167)    11,857
    Total after taxation for continuing operations                                            88     100     1,188    (139)   1,237      370      790    (361)   (1,172)   (373)    96     (1,428)     659     (123)      (796)   (225)    196    118     (1,156)   (1,067)    (97)   (21,951)   (3,569)      168    (25,449)

    Innovene operations
       Other                                                                                  (96)    (88)       –       –     (184)      –        –        –         –       –      –          –       –         –         –        –      –       –          –         –       –        –           –        –       –
    Total before taxation for Innovene operations d                                           (96)    (88)       –       –     (184)      –        –        –         –       –      –          –       –         –         –        –      –       –          –         –       –        –           –        –       –
    Taxation charge                                                                            (7)      –        –       –       (7)      –        –        –         –       –      –          –       –         –         –        –      –       –          –         –       –        –           –        –       –
    Total after taxation for Innovene operations                                             (103)    (88)       –       –     (191)      –        –        –         –       –      –          –       –         –         –        –      –       –          –         –       –        –           –        –       –
    Total after taxation for period                                                           (15)     12    1,188    (139)   1,046     370      790     (361)   (1,172)   (373)    96     (1,428)    659      (123)     (796)    (225)   196     118     (1,156)   (1,067)    (97) (21,951)     (3,569)     168 (25,449)
a   Fourth quarter 2009 includes $1,579 million in relation to the impairment of
    goodwill allocated to the US West Coast fuels value chain.
b   Third and fourth quarter 2010 finance costs relate to the Gulf of Mexico oil spill.
    For more information see Gulf of Mexico oil spill note.
c   Tax is calculated using the quarter's effective tax rate (excluding the impact of
    the Gulf of Mexico oil spill) on replacement cost profit or loss. However, the US
    statutory tax rate has been used for expenditures relating to the Gulf of Mexico
    oil spill that qualify for tax relief. For the fourth quarter and year in 2009, no tax
    credit was calculated on the goodwill impairement in Refining and Marketing
    because the charge is not tax deductable.
d   Includes the loss on remeasurement to fair value of $88 million in the second
    quarter of 2006 and $96 million in the first quarter of 2006.




                  C:\Docstoc\Working\pdf\265e9784-af66-4bb3-985e-5c9fea41b25a.xlsNon-op items by bus
Quarterly Financial and Operating Information 2006-2010
Group information




Non-operating items by geographical area
                                                                                                                                                                                                                                                                                                 $ million
                                                                            Q1      Q2       Q3      Q4     2006      Q1       Q2      Q3        Q4      2007      Q1        Q2       Q3      Q4      2008      Q1      Q2      Q3        Q4      2009      Q1         Q2        Q3        Q4        2010
Exploration and Production
 US                                                                          2      8     2,021    (269)   1,762     (7)     178      (15)     213       369       (8)       (8)       3    (318)    (331)     71     118     (65)       21       145     (62)      (156)    1,681      (273)     1,190
 Non-US                                                                   (443)   577       360     307      801    764      200       25     (867)      122     (368)   (1,968)   1,115     562     (659)    240     389     536       955     2,120     103        217        60     1,629      2,009
                                                                          (441)   585     2,381      38    2,563    757      378       10     (654)      491     (376)   (1,976)   1,118     244     (990)    311     507     471       976     2,265      41         61     1,741     1,356      3,199
Refining and Marketing
    USa                                                                    96     (446)    (266)     25     (591)    (58)    170     (316)     (977)   (1,181)    774       (16)      13      43      814     (134)    (27)   (179)   (1,697)   (2,037)     (3)      151       216        (12)       352
    Non-US                                                                467      (18)    (167)    (78)     204    (171)    597      (28)     (169)      229    (165)      (83)     (13)   (206)    (467)    (216)   (139)    (62)     (149)     (566)    (67)       81       166         98        278
                                                                          563     (464)    (433)    (53)    (387)   (229)    767     (344)   (1,146)     (952)    609       (99)       –    (163)     347     (350)   (166)   (241)   (1,846)   (2,603)    (70)      232       382         86        630
Other businesses and corporate
 US                                                                         9      10       107    (199)     (73)      6        7    (195)      (57)    (239)    (49)       (33)    (105)   (115)     (302)   (116)    (33)   (29)        14      (164)   (106)        (7)      (71)      (54)      (238)
 Non-US                                                                     1      16       (27)     11        1      28      (15)     (6)      (30)     (23)    (32)       (90)     (23)   (186)     (331)   (205)     (6)   (35)       (79)     (325)    (12)        78       (15)      (13)        38
                                                                           10      26        80    (188)     (72)     34       (8)   (201)      (87)    (262)    (81)      (123)    (128)   (301)     (633)   (321)    (39)   (64)       (65)     (489)   (118)        71       (86)      (67)      (200)
Gulf of Mexico oil spill response                                           –       –         –       –        –       –        –       –         –        –       –          –        –       –         –       –       –      –          –         –       –    (32,192)   (7,656)   (1,010)   (40,858)
Total before interest and taxation for continuing operations              132     147     2,028    (203)   2,104     562    1,137    (535)   (1,887)    (723)    152     (2,198)     990    (220)   (1,276)   (360)    302    166       (935)     (827)   (147)   (31,828)   (5,619)      365    (37,229)
Finance costsb                                                              –       –         –       –        –       –        –       –         –        –       –          –        –       –         –       –       –      –          –         –       –          –       (47)      (30)       (77)
Total before taxation for continuing operations                           132     147     2,028    (203)   2,104     562    1,137    (535)   (1,887)    (723)    152     (2,198)     990    (220)   (1,276)   (360)    302    166       (935)     (827)   (147)   (31,828)   (5,666)      335    (37,306)
  Taxation credit (charge)c                                               (44)    (47)     (840)     64     (867)   (192)    (347)    174       715      350     (56)       770     (331)     97       480     135    (106)   (48)      (221)     (240)     50      9,877     2,097      (167)    11,857
Total after taxation for continuing operations                             88     100     1,188    (139)   1,237     370      790    (361)   (1,172)    (373)     96     (1,428)     659    (123)     (796)   (225)    196    118     (1,156)   (1,067)    (97)   (21,951)   (3,569)      168    (25,449)

Innovene operations
  US                                                                         7      (6)       –      15       16      –        –        –         –        –       –          –       –        –        –        –      –       –          –         –       –        –           –        –           –
  Non-US                                                                  (103)    (82)       –     (15)    (200)     –        –        –         –        –       –          –       –        –        –        –      –       –          –         –       –        –           –        –           –
Total before taxation for Innovene operations d                            (96)    (88)       –       –     (184)     –        –        –         –        –       –          –       –        –        –        –      –       –          –         –       –        –           –        –           –
Taxation charge                                                             (7)      –        –       –       (7)     –        –        –         –        –       –          –       –        –        –        –      –       –          –         –       –        –           –        –           –
Total after taxation for Innovene operations                              (103)    (88)       –       –     (191)     –        –        –         –        –       –          –       –        –        –        –      –       –          –         –       –        –           –        –           –
Total after taxation for period                                            (15)     12    1,188    (139)   1,046    370      790     (361)   (1,172)    (373)     96     (1,428)    659     (123)    (796)    (225)   196     118     (1,156)   (1,067)    (97) (21,951)     (3,569)     168     (25,449)
a   Fourth quarter 2009 includes $1,579 million in relation to the
    impairment of goodwill allocated to the US West Coast fuels
    value chain.


b   Third and fourth quarter 2010 finance costs relate to the Gulf of
    Mexico oil spill. For more information see Gulf of Mexico oil spill
    note.
c   Tax is calculated using the quarter's effective tax rate (excluding
    the impact of the Gulf of Mexico oil spill) on replacement cost
    profit or loss. However, the US statutory tax rate has been used
    for expenditures relating to the Gulf of Mexico oil spill that
    qualify for tax relief. For the fourth quarter and year in 2009, no
    tax credit was calculated on the goodwill impairment in Refining
    and Marketing because the charge is not tax deductable.

d   Includes the loss on remeasurement to fair value of $88 million
    in the second quarter of 2006 and $96 million in the first quarter
    of 2006.




               C:\Docstoc\Working\pdf\265e9784-af66-4bb3-985e-5c9fea41b25a.xlsNon-op items by region
Quarterly Financial and Operating Information 2006-2010
Group information




Fair value accounting effects
                                                                                                                                                                                                                                                                                                         $ million
                                                                                                                 Q1      Q2      Q3      Q4    2006      Q1     Q2      Q3     Q4    2007      Q1      Q2      Q3     Q4    2008      Q1      Q2     Q3      Q4    2009    Q1       Q2      Q3     Q4        2010
Favourable (unfavourable) impact relative to management's measure of performance
  Exploration and Production                                                                                   (103)   (150)    (23)    244     (32)     31    (74)    (36)   127      48    (259)   (373)     97    253    (282)    158     135    180     446     919     63    (122)     68    (12)         (3)
  Refining and Marketing                                                                                       (123)     74     584    (324)    211    (539)   337     (93)   (62)   (357)    101    (161)    636    (65)    511    (109)   (126)    86    (112)   (261)    10     119    (221)   134          42
                                                                                                               (226)    (76)    561     (80)    179    (508)   263    (129)    65    (309)   (158)   (534)    733    188     229      49       9    266     334     658     73      (3)   (153)   122          39
    Taxation credit (charge)a                                                                                    76      24    (232)     25    (107)    174    (80)     42    (25)    111      58     187    (245)   (83)    (83)    (18)     (3)   (77)   (115)   (213)   (25)      1      38    (40)        (26)
                                                                                                               (150)    (52)    329     (55)     72    (334)   183     (87)    40    (198)   (100)   (347)    488    105     146      31       6    189     219     445     48      (2)   (115)    82          13
By geographical area
Exploration and Production
  US                                                                                                           (117)   (147)     14    191      (59)    (6)    (71)    (19)    19    (77)    (142)   (236)   136      11    (231)   208      92     169    218     687      81     (35)     86      9        141
  Non-US                                                                                                         14      (3)    (37)    53       27     37      (3)    (17)   108    125     (117)   (137)   (39)    242     (51)   (50)     43      11    228     232     (18)    (87)    (18)   (21)      (144)
                                                                                                               (103)   (150)    (23)   244      (32)    31     (74)    (36)   127     48     (259)   (373)    97     253    (282)   158     135     180    446     919      63    (122)     68    (12)        (3)
Refining and Marketing
  US                                                                                                            (97)    26     315     (231)    13     (165)   174    (142)   (32)   (165)    95       53    174     (91)   231       65     (46)     6      (9)     16    16      37      (61)    27          19
  Non-US                                                                                                        (26)    48     269      (93)   198     (374)   163      49    (30)   (192)     6     (214)   462      26    280     (174)    (80)    80    (103)   (277)   (6)     82     (160)   107          23
                                                                                                               (123)    74     584     (324)   211     (539)   337     (93)   (62)   (357)   101     (161)   636     (65)   511     (109)   (126)    86    (112)   (261)   10     119     (221)   134          42
a   Tax is calculated using the quarter's effective tax rate (excluding the impact of the Gulf of Mexico oil
    spill) on replacement cost profit or loss.




                    C:\Docstoc\Working\pdf\265e9784-af66-4bb3-985e-5c9fea41b25a.xlsFair value accounting effects
    Quarterly Financial and Operating Information 2006-2010
    Group information




    Total of non-operating items and fair value accounting effects
                                                                                                                                                                                                                                                                                                               $ million
                                                                                         Q1      Q2       Q3       Q4     2006      Q1       Q2      Q3       Q4       2007      Q1       Q2        Q3      Q4      2008      Q1      Q2      Q3       Q4       2009      Q1         Q2       Q3        Q4         2010
    Exploration and Production                                                         (544)    435     2,358     282    2,531     788      304     (26)     (527)      539    (635)   (2,349)   1,215     497    (1,272)    469     642     651     1,422     3,184     104        (61)    1,809     1,344      3,196
    Refining and Marketing                                                              440    (390)      151    (377)    (176)   (768)   1,104    (437)   (1,208)   (1,309)    710      (260)     636    (228)      858    (459)   (292)   (155)   (1,958)   (2,864)    (60)       351       161       220        672
    Other businesses and corporate                                                       10      26        80    (188)     (72)     34       (8)   (201)      (87)     (262)    (81)     (123)    (128)   (301)     (633)   (321)    (39)    (64)      (65)     (489)   (118)        71       (86)      (67)      (200)
    Gulf of Mexico oil spill response                                                     –       –         –       –        –       –        –       –         –         –       –         –        –       –         –       –       –       –         –         –       –    (32,192)   (7,656)   (1,010)   (40,858)
    Total before interest and taxation                                                  (94)     71     2,589    (283)   2,283      54    1,400    (664)   (1,822)   (1,032)     (6)   (2,732)   1,723     (32)   (1,047)   (311)    311     432      (601)     (169)    (74)   (31,831)   (5,772)      487    (37,190)
    Finance costsa                                                                        –       –         –       –        –       –        –       –         –         –       –         –        –       –         –       –       –       –         –         –       –          –       (47)      (30)       (77)
    Total before taxation                                                               (94)     71     2,589    (283)   2,283      54    1,400    (664)   (1,822)   (1,032)     (6)   (2,732)   1,723     (32)   (1,047)   (311)    311     432      (601)     (169)    (74)   (31,831)   (5,819)      457    (37,267)
    Taxation credit (charge)b                                                            32     (23)   (1,072)     89     (974)    (18)    (427)    216       690       461       2       957     (576)     14       397     117    (109)   (125)     (336)     (453)     25      9,878     2,135      (207)    11,831
    Total after taxation for period                                                     (62)     48     1,517    (194)   1,309      36      973    (448)   (1,132)     (571)     (4)   (1,775)   1,147     (18)     (650)   (194)    202     307      (937)     (622)    (49)   (21,953)   (3,684)      250    (25,436)

a   2010 finance costs relate to the Gulf of Mexico oil spill. For more
    information see Gulf of Mexico oil spill note.


b   Tax is calculated using the quarter's effective tax rate (excluding the impact
    of the Gulf of Mexico oil spill) on replacement cost profit or loss. However,
    the US statutory tax rate has been used for expenditures relating to the Gulf
    of Mexico oil spill that qualify for tax relief. For the fourth quarter and year
    in 2009, no tax credit was calculated on the goodwill impairement in
    Refining and Marketing because the charge is not tax deductable.
Quarterly Financial and Operating Information 2006-2010
Group information




Sales and other operating revenues
                                                                                                                                                                                                                                                                                           $ million
                                                              Q1       Q2       Q3       Q4      2006        Q1       Q2       Q3       Q4      2007        Q1        Q2        Q3       Q4      2008       Q1       Q2       Q3       Q4      2009       Q1       Q2       Q3       Q4        2010
By business
Exploration and Production                                18,035   17,474   16,761   15,680    67,950   15,865    16,040   13,705   20,130    65,740    22,922    24,507    23,447   15,294    86,170   12,343   12,848   14,871   17,564    57,626   18,080   15,215   15,212   17,759    66,266
Refining and Marketing                                    54,434   63,324   61,061   53,567   232,386   52,976    63,765   63,602   69,878   250,221    76,612    97,892    92,390   53,145   320,039   40,573   49,333   60,542   62,602   213,050   64,286   67,250   64,054   71,161   266,751
Other businesses and corporate                               792      884      878      818     3,372      833       922      931    1,012     3,698     1,108     1,200     1,347      979     4,634      584      603      761      895     2,843      790      794      759      985     3,328
                                                          73,261   81,682   78,700   70,065   303,708   69,674    80,727   78,238   91,020   319,659   100,642   123,599   117,184   69,418   410,843   53,500   62,784   76,174   81,061   273,519   83,156   83,259   80,025   89,905   336,345

Less: sales between businesses
  Exploration and Production                               8,141    8,221    9,051    7,195    32,608    7,205     7,974    6,355   10,549    32,083    12,219    13,485    13,043    7,184    45,931    5,800    7,589    9,540    9,611    32,540    9,746    9,042    8,725    9,536    37,049
  Refining and Marketing                                   1,474      944      710      807     3,935      867       522      227      298     1,914       269       960       403      286     1,918      111      225      204      281       821      135      281      475      467     1,358
  Other businesses and corporate                             358      385      399      117     1,259      295       359      322      321     1,297       409       407       564      471     1,851      293      193      212      188       886      204      211      217      199       831
                                                           9,973    9,550   10,160    8,119    37,802    8,367     8,855    6,904   11,168    35,294    12,897    14,852    14,010    7,941    49,700    6,204    8,007    9,956   10,080    34,247   10,085    9,534    9,417   10,202    39,238

Third party sales and other operating revenues
  Exploration and Production                               9,894    9,253    7,710    8,485    35,342    8,660     8,066    7,350    9,581    33,657    10,703    11,022    10,404    8,110    40,239    6,543    5,259    5,331    7,953    25,086    8,334    6,173    6,487    8,223    29,217
  Refining and Marketing                                  52,960   62,380   60,351   52,760   228,451   52,109    63,243   63,375   69,580   248,307    76,343    96,932    91,987   52,859   318,121   40,462   49,108   60,338   62,321   212,229   64,151   66,969   63,579   70,694   265,393
  Other businesses and corporate                             434      499      479      701     2,113      538       563      609      691     2,401       699       793       783      508     2,783      291      410      549      707     1,957      586      583      542      786     2,497
Total third party sales and other operating revenues      63,288   72,132   68,540   61,946   265,906   61,307    71,872   71,334   79,852   284,365    87,745   108,747   103,174   61,477   361,143   47,296   54,777   66,218   70,981   239,272   73,071   73,725   70,608   79,703   297,107
By geographical area
  US                                                      22,066   27,054   27,447   23,368    99,935   23,034    26,825   26,409   28,852   105,120    31,693    39,035    37,642   21,772   130,142   17,580   20,677   24,637   24,389    87,283   26,108   27,762   25,751   27,635   107,256
  Non-US                                                  45,241   48,241   49,293   42,304   185,079   41,773    48,141   48,749   63,153   201,816    64,519    81,917    76,156   44,654   267,246   33,586   39,371   48,174   52,691   173,822   54,009   53,111   52,818   60,121   220,059
                                                          67,307   75,295   76,740   65,672   285,014   64,807    74,966   75,158   92,005   306,936    96,212   120,952   113,798   66,426   397,388   51,166   60,048   72,811   77,080   261,105   80,117   80,873   78,569   87,756   327,315
Less: sales between areas                                  4,019    3,163    8,200    3,726    19,108    3,500     3,094    3,824   12,153    22,571     8,467    12,205    10,624    4,949    36,245    3,870    5,271    6,593    6,099    21,833    7,046    7,148    7,961    8,053    30,208
Total third party sales and other operating revenues      63,288   72,132   68,540   61,946   265,906   61,307    71,872   71,334   79,852   284,365    87,745   108,747   103,174   61,477   361,143   47,296   54,777   66,218   70,981   239,272   73,071   73,725   70,608   79,703   297,107




              C:\Docstoc\Working\pdf\265e9784-af66-4bb3-985e-5c9fea41b25a.xlsSales and other oper revenues
    Quarterly Financial and Operating Information 2006-2010
    Group information



    Condensed group cash flow statement
                                                                                                                                                                                                                                                                                                                                                                          $ million
                                                                                                                              Q1         Q2       Q3        Q4       2006      Q1         Q2       Q3        Q4        2007       Q1       Q2         Q3       Q4        2008      Q1        Q2        Q3        Q4        2009      Q1        Q2         Q3       Q4         2010
    Operating activities
    Profit (loss) before taxation from continuing operations                                                               8,726     10,706    10,908    4,302    34,642    7,186     10,724    6,636     7,065     31,611    11,404    14,506    12,287    (3,914) 34,283      4,130     6,772     7,590     6,632     25,124    9,378 (24,343)       1,581    8,559     (4,825)
      Adjustments to reconcile profit (loss) before taxation to net cash provided by operating activities
          Depreciation, depletion and amortization and exploration expenditure written off                                 2,298      2,322     2,426    2,706     9,752    2,574      2,595    2,651     3,106 10,926         2,966     2,894     2,751    2,759 11,370        2,849     3,315     3,216     3,319     12,699    3,017      2,833     2,812     2,877 11,539
          Impairment and (gain) loss on sale of businesses and fixed assets                                                 (574)      (462)   (1,889)    (240)   (3,165)    (457)      (854)     (99)      602    (808)        (885)      (56)     (139)   1,460    380           56      (306)      (45)      455        160      126     (1,027)   (2,241)   (1,552) (4,694)
          Earnings from equity-accounted entities, less dividends received                                                   323       (664)      441      400       500     (267)      (270)     (44)     (778) (1,359)         187    (1,491)     (568)   1,779    (93)        (252)     (250)     (678)      282       (898)    (669)       (92)     (643)      (76) (1,480)
          Net charge for interest and other finance expense, less net interest paid                                         (151)      (221)     (171)    (156)     (699)    (172)      (170)    (129)     (140)   (611)        (118)     (183)       25      (81)  (357)          89        38       203         8        338       46        (61)      149         5     139
          Share-based payments                                                                                                83        122       134       77       416       75        107      129       109     420           65       173       128       93    459           86       101       135       128        450     (146)       150       121        72     197
          Net operating charge for pensions and other post-retirement benefits, less contributions
               and benefit payments for unfunded plans                                                                        (50)      (47)      (36)     (128)    (261)      (87)      (31)      (61)     (225)   (404)    117            46     (14)       (322)    (173)        26       (46)     (261)     (606)   (887)       (490)   (171)          –     (298)   (959)
          Net charge for provisions, less payments                                                                           (207)      216      (115)      446      340      (157)     (257)      362       (40)    (92)   (165)          (40)     92        (185)    (298)       281       (49)      (36)      454     650         (48) 17,739        (479)   2,005 19,217
                                                                                                        ab                  1,236      (208)   (1,902)    1,254      380       491    (3,733)       49    (2,709) (5,902)   (717)       (5,710)  4,830       6,945    5,348         32    (1,093)     (115)   (2,420) (3,596)     (1,940) 13,464        (217) (10,215)  1,092
          Movements in inventories and other current and non-current assets and liabilities
          Income taxes paid                                                                                                (2,761)   (2,615)   (4,666)   (3,691) (13,733)   (1,208)   (2,025)   (3,138)   (2,701) (9,072) (1,960)       (3,421) (4,528)     (2,915) (12,824)    (1,725)   (1,725)   (1,910)     (964) (6,324)     (1,581) (1,739)     (1,735) (1,555) (6,610)
    Net cash provided by (used in) operating activities                                                                     8,923     9,149     5,130     4,970 28,172       7,978     6,086     6,356     4,289 24,709 10,894           6,718 14,864        5,619 38,095        5,572     6,757     8,099     7,288 27,716        7,693   6,753        (652)    (178) 13,616
    Investing activities
       Capital expenditure                                                                                                 (3,295)   (3,412)   (3,945)   (4,473) (15,125)   (3,645)   (4,334)   (4,336)   (5,515) (17,830)    (4,435)   (4,713)   (7,748)   (5,762) (22,658)    (4,817)   (5,211)   (4,975)   (5,647) (20,650)    (4,289)   (4,273)   (4,741)   (5,118) (18,421)
       Acquisitions, net of cash acquired                                                                                       –         –      (102)     (127)    (229)   (1,087)     (111)      (27)        –   (1,225)         –      (209)        –      (186)    (395)         –        (8)        –         9        1          –    (1,268)   (1,192)       (8) (2,468)
       Investment in jointly controlled entities                                                                                –       (26)        –       (11)     (37)       (9)      (12)     (122)     (285)    (428)      (366)     (247)     (194)     (202) (1,009)       (103)     (110)     (128)     (237)    (578)       (82)     (100)     (105)     (174)    (461)
       Investment in associates                                                                                              (157)     (151)     (159)     (103)    (570)      (44)      (65)      (37)      (41)    (187)        (4)       (3)      (14)      (60)     (81)       (47)      (40)      (72)       (5)    (164)        (6)      (19)      (13)      (27)     (65)
       Proceeds from disposal of fixed assetsc                                                                                484     1,899     2,662       918    5,963       310       836       211       392    1,749        276        59       365       218      918        311       360       506       538    1,715        108       636     4,193     2,555    7,492
       Proceeds from disposal of businesses, net of cash disposed
                                                                   c                                                          166        90       135      (100)     291       608     1,905         –         5    2,518          –         –         –        11       11          –       337        98       531      966          –        87     4,557     4,818    9,462
       Proceeds from loan repayments                                                                                           72        58        33        26      189        45        33        45        69      192        122       212       150       163      647        117        96        79       238      530         56       203       133       109      501
       Other                                                                                                                    –         –         –         –        –         –       374         –         –      374          –         –      (200)        –     (200)        47         –         –         –       47          –         –         –         –        –
    Net cash provided by (used in) investing activities                                                                    (2,730)   (1,542)   (1,376)   (3,870) (9,518)    (3,822)   (1,374)   (4,266)   (5,375) (14,837)    (4,407)   (4,901)   (7,641)   (5,818) (22,767)    (4,492)   (4,576)   (4,492)   (4,573) (18,133)    (4,213)   (4,734)    2,832     2,155   (3,960)
    Financing activities
       Net issue (repurchase) of shares                                                                                    (3,861)   (4,411)   (3,430)   (3,449) (15,151)   (2,402)   (1,918)   (1,441)   (1,352)   (7,113)     (889)     (928)     (814)       64    (2,567)       35        27        63        82     207         128        31       (21)       31     169
       Proceeds from long-term financing                                                                                      396       514       706     2,215    3,831     1,358     1,513       107     5,131     8,109     2,177       655       397     4,732     7,961     4,619     4,441     2,367       140 11,567          342       756     4,307     6,529 11,934
       Repayments of long-term financing                                                                                      (65)     (720)     (996)   (1,874) (3,655)    (1,134)      (93)     (369)   (1,596)   (3,192)     (537)   (1,654)      (65)   (1,565)   (3,821)   (2,580)   (1,597)     (607)   (1,237) (6,021)     (2,495)     (192)      (52)   (1,963) (4,702)
       Net (decrease) increase in short-term debt                                                                            (710)      941       294     3,348    3,873      (558)   (1,499)    1,426     2,125     1,494    (3,424)    1,516    (1,380)    1,973    (1,315)     (182)   (1,860)   (1,806)     (557) (4,405)       (247)   (1,855)     (984)     (533) (3,619)
       Dividends paid
          BP shareholders                                                                                                  (1,922)   (1,894)   (1,943)   (1,927) (7,686)    (2,001)   (1,983)   (2,066)   (2,056)   (8,106)   (2,554)   (2,545)   (2,624)   (2,619) (10,342)    (2,619)   (2,620)   (2,621)   (2,623) (10,483)    (2,626)        –        (1)     –  (2,627)
          Minority interest                                                                                                   (66)      (88)      (57)      (72)    (283)      (64)      (71)      (24)      (68)     (227)      (36)      (86)     (110)     (193)    (425)      (111)      (74)     (139)      (92)    (416)        (3)     (128)      (67)  (117)   (315)
    Net cash (used in) provided by financing activities                                                                    (6,228)   (5,658)   (5,426)   (1,759) (19,071)   (4,801)   (4,051)   (2,367)    2,184    (9,035)   (5,263)   (3,042)   (4,596)    2,392 (10,509)       (838)   (1,683)   (2,743)   (4,287) (9,551)     (4,901)   (1,388)    3,182  3,947     840
    Currency translation differences relating to cash and cash equivalents                                                     14       (36)       19        50       47        11        26        44        54       135        34        (2)      (78)     (138)    (184)       (79)      101        60        28      110        (77)     (162)      131   (171)   (279)
    Increase (decrease) in cash and cash equivalents                                                                          (21)    1,913    (1,653)     (609)    (370)     (634)      687      (233)    1,152       972     1,258    (1,227)    2,549     2,055    4,635        163       599       924    (1,544)     142     (1,498)      469     5,493  5,753 10,217
    Cash and cash equivalents at beginning of period                                                                        2,960     2,939     4,852     3,199    2,960     2,590     1,956     2,643     2,410     2,590     3,562     4,820     3,593     6,142    3,562      8,197     8,360     8,959     9,883    8,197      8,339     6,841     7,310 12,803   8,339
    Cash and cash equivalents at end of period                                                                              2,939     4,852     3,199     2,590    2,590     1,956     2,643     2,410     3,562     3,562     4,820     3,593     6,142     8,197    8,197      8,360     8,959     9,883     8,339    8,339      6,841     7,310    12,803 18,556 18,556

a   Second, third and fourth quarter 2010 includes impacts of the Gulf of Mexico oil spill. For more iformation see the
    Gulf of Mexico oil spill note.

b   Includes
       Movements related to Gulf of Mexico oil spill response                                                                   –         –         –        –         –         –         –         –         –         –         –         –         –         –         –         –         –         –        –          –         – (12,430)     (2,042)   (6,542)    3,846
       Inventory holding (gains) losses                                                                                      (358)   (1,148)      744    1,015       253      (303)   (1,289)     (539)   (1,427)   (3,558)   (1,326)   (3,952)    2,978     8,788    6,488       (254)   (1,874)     (538)   (1,256)   (3,922)     (705)     284         82    (1,445)   (1,784)
       Fair value (gain) loss on embedded derivatives                                                                         442      (261)     (493)    (296)     (608)     (155)     (283)      (14)      459         7       690     2,081    (1,098)   (1,562)     111       (186)     (154)     (370)      103      (607)     (146)     452        (20)       23        309
    Inventory holding (gains) losses and fair value gains and losses on embedded derivatives are also included within
    profit (loss) before taxation.


c   Included in disposal proceeds are deposits received in respect of disposal transactions expected to complete in
    subsequent periods as follows: fourth quarter 2010 $4,947 million; third quarter 2010 $5,045 million; fourth quarter
    2009 $nil; year 2010 $6,197 million; year 2009 $nil.




                C:\Docstoc\Working\pdf\265e9784-af66-4bb3-985e-5c9fea41b25a.xlsGroup cash flow statement
Quarterly Financial and Operating Information 2006-2010
Group information




Group balance sheet
                                                                                                                                                                                                                                                                                                         $ million
                                                                                       1Q 2006      2Q 2006    3Q 2006    4Q 2006    1Q 2007    2Q 2007    3Q 2007    4Q 2007    1Q 2008    2Q 2008    3Q 2008    4Q 2008    1Q 2009    2Q 2009    3Q 2009    4Q 2009    1Q 2010    2Q 2010    3Q 2010    4Q 2010
Non-current assets
   Property, plant and equipment                                                       85,487       85,953     87,584     90,999     92,307     95,193     96,934     97,989     99,512    101,787    102,889    103,200    103,316    105,779    106,692    108,275    108,232    106,494    107,396    110,163
   Goodwill                                                                            10,322       10,413     10,624     10,780     10,991     11,055     11,138     11,006     11,012     11,016     10,566      9,878      9,770     10,304     10,203      8,620      8,409      8,250      8,806      8,598
   Intangible assets                                                                    4,887        5,251      5,104      5,246      5,667      5,735      5,971      6,652      6,729      7,386     10,040     10,260     10,526     10,951     11,246     11,548     12,675     14,198     14,822     14,298
   Investments in jointly controlled entities                                          15,007       15,711     15,343     15,074     15,159     15,088     15,350     18,113     22,719     24,883     24,862     23,826     14,846     15,266     15,446     15,296     15,484     15,256     14,936     12,286
   Investments in associates                                                            5,371        5,736      5,717      5,975      6,064      5,849      5,994      4,579      4,749      4,601      4,199      4,000     13,033     12,929     13,673     12,963     13,396     13,474     13,442     13,335
   Other investments                                                                      700          592      1,754      1,697      1,595      1,657      1,650      1,830      1,666      1,981      1,250        855        915      1,138      1,408      1,567      1,459      1,071      1,170      1,191
Fixed assets                                                                          121,774      123,656    126,126    129,771    131,783    134,577    137,037    140,169    146,387    151,654    153,806    152,019    152,406    156,367    158,668    158,269    159,655    158,743    160,572    159,871

  Loans                                                                                   849          854        822        817        769        864      1,016        999      1,017      1,057      1,151        995      1,004      1,212      1,139      1,039        982        924        965        894
  Other receivables                                                                       875          842        787        862        931        926        979        968        983        958        896        710        746        990        943      1,729      2,216      3,905      2,891      6,298
  Derivative financial instruments                                                      3,872        4,301      3,548      3,025      2,486      2,950      3,105      3,741      5,606     12,077      5,309      5,054      5,004      4,423      3,941      3,965      4,770      4,404      4,889      4,210
  Prepayments                                                                             930          887        986      1,034      1,025      1,075      1,031      1,083      1,208      1,128      1,194      1,338      1,282      1,303      1,436      1,407      1,359      1,292      1,315      1,432
  Deferred tax assets                                                                       –            –          –          –          –          –          –          –          –          –          –          –          –          –        408        516        464        421        427        528
  Defined benefit pension plan surpluses                                                3,469        3,757      4,069      6,753      6,950      7,298      7,596      8,914      8,951      9,086      8,494      1,738      1,704      1,990      1,931      1,390      1,494      1,677      1,794      2,176
                                                                                      131,769      134,297    136,338    142,262    143,944    147,690    150,764    155,874    164,152    175,960    170,850    161,854    162,146    166,285    168,466    168,315    170,940    171,366    172,853    175,409
Current assets
  Loans                                                                                   125          118        129        141        175        163        166        165        160        173        167        168        169        185        208        249        236        244        254        247
  Inventories                                                                          18,823       20,727     19,362     18,915     19,812     20,645     21,784     26,554     25,999     34,411     27,277     16,821     15,292     18,650     18,988     22,605     23,221     22,106     21,957     26,218
  Trade and other receivables                                                          39,757       38,639     38,570     38,692     38,819     39,847     39,418     38,020     43,698     48,482     39,201     29,261     26,234     29,246     28,777     29,531     31,159     35,708     33,990     36,549
  Derivative financial instruments                                                      8,730        9,365     11,785     10,373      7,550      7,234      7,326      6,321      8,962     16,075      8,384      8,510      7,753      6,760      5,536      4,967      5,355      4,479      4,836      4,356
  Prepayments                                                                           3,569        2,342      2,867      3,006      3,392      3,494      3,497      3,589      3,771      4,153      3,769      3,050      2,966      2,712      2,460      1,753      2,647      2,636      2,148      1,574
  Current tax receivable                                                                  222          218        172        544         95        178        246        705        250        195        332        377        283        562        827        209        238        139        155        693
  Other investments                                                                         –            –          –          –          –          –          –          –          –          –          –          –          –          –          –          –          –      1,654      1,551      1,532
  Cash and cash equivalents                                                             2,939        4,852      3,199      2,590      1,956      2,643      2,410      3,562      4,820      3,593      6,142      8,197      8,360      8,959      9,883      8,339      6,841      7,310     12,803     18,556
                                                                                       74,165       76,261     76,084     74,261     71,799     74,204     74,847     78,916     87,660    107,082     85,272     66,384     61,057     67,074     66,679     67,653     69,697     74,276     77,694     89,725
Assets classified as held for sale                                                      1,160        1,409      1,104      1,078      1,113          –          –      1,286          –          –          –          –          –          –          –          –          –      2,973      6,566      7,128
                                                                                       75,325       77,670     77,188     75,339     72,912     74,204     74,847     80,202     87,660    107,082     85,272     66,384     61,057     67,074     66,679     67,653     69,697     77,249     84,260     96,853
Total assets                                                                          207,094      211,967    213,526    217,601    216,856    221,894    225,611    236,076    251,812    283,042    256,122    228,238    223,203    233,359    235,145    235,968    240,637    248,615    257,113    272,262
Current liabilities
  Trade and other payables                                                             42,712       43,323     40,589     42,236     43,681     42,634     42,649     43,152     47,546     54,029     43,948     33,644     31,031     34,764     33,597     35,204     38,146     45,502     43,890     46,329
  Derivative financial instruments                                                      8,560        9,359     10,934      9,424      7,508      6,736      6,954      6,405      8,356     15,593      9,187      8,977      7,983      6,181      4,828      4,681      5,530      4,583      4,198      3,856
  Accruals                                                                              5,845        5,328      5,708      6,147      5,467      5,803      6,522      6,640      6,466      7,019      6,825      6,743      5,313      5,815      6,205      6,202      5,482      5,484      5,596      5,612
  Finance debt                                                                          9,222        9,648      9,561     12,924     11,597     11,566     12,789     15,394     13,820     16,638     14,258     15,740     15,260     12,018      9,487      9,109      8,356      8,321     14,022     14,626
  Current tax payable                                                                   3,909        5,043      4,403      2,635      3,322      4,637      2,995      3,282      4,798      5,681      4,013      3,144      2,957      2,826      2,825      2,464      2,624      2,614      1,735      2,920
  Provisions                                                                            1,097        1,282      1,218      1,932      1,934      1,690      1,896      2,195      1,957      2,080      2,074      1,545      1,350      1,403      1,360      1,660      1,646     13,439     12,921      9,489
                                                                                       71,345       73,983     72,413     75,298     73,509     73,066     73,805     77,068     82,943    101,040     80,305     69,793     63,894     63,007     58,302     59,320     61,784     79,943     82,362     82,832
Liabilities directly associated with assets classified as held for sale                   399           42          –         54          –          –          –        163          –          –          –          –          –          –          –          –          –        363      1,262      1,047
                                                                                       71,744       74,025     72,413     75,352     73,509     73,066     73,805     77,231     82,943    101,040     80,305     69,793     63,894     63,007     58,302     59,320     61,784     80,306     83,624     83,879
Non-current liabilities
  Other payables                                                                        1,812        1,783      1,701      1,430      1,319      1,240      1,176      1,251      3,032      2,821      2,809      3,080      3,080      3,109      3,158      3,198      3,206     16,272     15,125     14,285
  Derivative financial instruments                                                      6,093        6,380      4,782      4,203      3,626      3,888      3,685      5,002      7,104     15,116      7,915      6,271      6,054      5,039      3,810      3,474      3,899      4,181      3,962      3,677
  Accruals                                                                              1,178        1,211      1,309        961        949      1,001        988        959        959        882        863        784        800        713        729        703        656        592        628        637
  Finance debt                                                                          9,457        9,638     10,412     11,086     12,131     12,188     12,456     15,651     16,051     13,551     14,042     17,464     19,438     24,222     27,068     25,518     23,797     22,259     25,957     30,710
  Deferred tax liabilities                                                             17,066       16,703     17,343     18,116     18,593     18,582     19,072     19,215     19,947     20,653     21,573     16,198     16,177     16,800     17,796     18,662     20,156     11,049     10,339     10,908
  Provisions                                                                            9,527       10,395     10,934     11,712     11,655     13,070     13,211     12,900     13,055     13,447     12,744     12,108     12,417     12,999     12,976     12,970     12,752     18,588     17,603     22,418
  Defined benefit pension plan and other post-retirement benefit plan deficits          9,336        9,476      9,562      9,276      9,325      9,436      9,724      9,215      9,556      9,567      9,081     10,431     10,164     10,521     10,503     10,010      9,409      9,006      9,509      9,857
                                                                                       54,469       55,586     56,043     56,784     57,598     59,405     60,312     64,193     69,704     76,037     69,027     66,336     68,130     73,403     76,040     74,535     73,875     81,947     83,123     92,492
Total liabilities                                                                     126,213      129,611    128,456    132,136    131,107    132,471    134,117    141,424    152,647    177,077    149,332    136,129    132,024    136,410    134,342    133,855    135,659    162,253    166,747    176,371
Net assets                                                                             80,881       82,356     85,070     85,465     85,749     89,423     91,494     94,652     99,165    105,965    106,790     92,109     91,179     96,949    100,803    102,113    104,978     86,362     90,366     95,891
Equity
  BP shareholders’ equity                                                              80,148       81,586     84,278     84,624     84,874     88,549     90,541     93,690     98,117    104,892    105,704     91,303     90,473     96,241    100,225    101,613    104,079     85,490     89,454     94,987
  Minority interest                                                                       733          770        792        841        875        874        953        962      1,048      1,073      1,086        806        706        708        578        500        899        872        912        904
                                                                                       80,881       82,356     85,070     85,465     85,749     89,423     91,494     94,652     99,165    105,965    106,790     92,109     91,179     96,949    100,803    102,113    104,978     86,362     90,366     95,891




              C:\Docstoc\Working\pdf\265e9784-af66-4bb3-985e-5c9fea41b25a.xlsGroup balance sheet
Quarterly Financial and Operating Information 2006-2010
Group information



Gulf of Mexico oil spill response - impact on the financial statements
                                                                                                                                                                                                                                                       $ million
                                                                                        Q1        Q2           Q3   Q4   2006   Q1   Q2   Q3   Q4   2007   Q1   Q2   Q3   Q4   2008   Q1   Q2   Q3   Q4   2009   Q1       Q2         Q3         Q4          2010
Income statement
     Production and manufacturing expenses                                                –         –           –    –    –      –    –    –    –    –      –    –    –    –    –      –    –    –    –    –      –    32,192      7,656      1,010     40,858
     Profit (loss) before interest and taxation                                           –         –           –    –    –      –    –    –    –    –      –    –    –    –    –      –    –    –    –    –      –   (32,192)    (7,656)    (1,010)   (40,858)
     Finance costs                                                                        –         –           –    –    –      –    –    –    –    –      –    –    –    –    –      –    –    –    –    –      –         –         47         30         77
     Profit (loss) before taxation                                                        –         –           –    –    –      –    –    –    –    –      –    –    –    –    –      –    –    –    –    –      –   (32,192)    (7,703)    (1,040)   (40,935)
     Taxation                                                                             –         –           –    –    –      –    –    –    –    –      –    –    –    –    –      –    –    –    –    –      –    10,003      2,604        287     12,894
     Profit (loss) for the period                                                         –         –           –    –    –      –    –    –    –    –      –    –    –    –    –      –    –    –    –    –      –   (22,189)    (5,099)      (753)   (28,041)
Balance sheet
   Current assets
     Trade and other receivables                                                          –         –           –    –           –    –    –    –           –    –    –    –           –    –    –    –           –    6,233      6,663      5,943
   Current liabilities
        Trade and other payables (a)                                                      –         –           –    –           –    –    –    –           –    –    –    –           –    –    –    –           –    (8,276)    (7,272)    (6,587)
        Provisions                                                                        –         –           –    –           –    –    –    –           –    –    –    –           –    –    –    –           –   (11,809)   (11,343)    (7,938)
      Net current liabilities                                                             –         –           –    –           –    –    –    –           –    –    –    –           –    –    –    –           –   (13,852)   (11,952)    (8,582)
      Non-current assets
        Other receivables                                                                 –         –           –    –           –    –    –    –           –    –    –    –           –    –    –    –           –    1,693        352      3,601
      Non-current liabilities
        Other payables                                                                    –         –           –    –           –    –    –    –           –    –    –    –           –    –    –    –           –   (12,080)   (11,010)   (9,899)
        Provisions                                                                        –         –           –    –           –    –    –    –           –    –    –    –           –    –    –    –           –    (5,837)    (5,062)   (8,397)
        Deferred tax                                                                      –         –           –    –           –    –    –    –           –    –    –    –           –    –    –    –           –     9,440     10,988    11,255
      Net non-current liabilities                                                         –         –           –    –           –    –    –    –           –    –    –    –           –    –    –    –           –    (6,784)    (4,732)   (3,440)

      Net assets                                                                          –         –           –    –           –    –    –    –           –    –    –    –           –    –    –    –           –   (20,636)   (16,684)   (12,022)

(a)   Includes
        Trust fund liability                                                              –         –           –    –           –    –    –    –           –    –    –    –           –    –    –    –           –    (7,500)    (5,750)    (5,002)
        Other payables                                                                    –         –           –    –           –    –    –    –           –    –    –    –           –    –    –    –           –      (776)    (1,522)    (1,585)
                                                                                          –         –           –    –           –    –    –    –           –    –    –    –           –    –    –    –           –    (8,276)    (7,272)    (6,587)

Cash flow statement - Operating activities
  Profit (loss) before taxation                                                           –         –           –    –    –      –    –    –    –    –      –    –    –    –    –      –    –    –    –    –      –   (32,192)    (7,703)    (1,040)   (40,935)
  Adjustments to reconcile profit (loss) before taxation
    to net cash provided by operating activities
  Net charge for interest and other finance
      expense, less net interest paid                                                     –         –           –    –    –      –    –    –    –    –      –    –    –    –    –      –    –    –    –    –      –        –         47         30         77
  Net charge for provisions, less payments                                                –         –           –    –    –      –    –    –    –    –      –    –    –    –    –      –    –    –    –    –      –   17,646       (409)     2,117     19,354
  Movements in inventories and other current
       and non-current assets and liabilities                                             –         –           –    –    –      –    –    –    –    –      –    –    –    –    –      –    –    –    –    –      –   12,430      (2,042)    (6,542)     3,846
  Pre-tax cash flows                                                                      –         –           –    –    –      –    –    –    –    –      –    –    –    –    –      –    –    –    –    –      –   (2,116)    (10,107)    (5,435)   (17,658)




                     C:\Docstoc\Working\pdf\265e9784-af66-4bb3-985e-5c9fea41b25a.xlsGulf of Mexico oil spill
Quarterly Financial and Operating Information 2006-2010
Group information



Analysis of changes in net debt
                                                                                                                                                                                                                                                                                                                                                            $ million
                                                                                                                Q1        Q2        Q3        Q4        2006      Q1        Q2        Q3        Q4        2007      Q1        Q2        Q3        Q4        2008      Q1        Q2        Q3        Q4        2009      Q1        Q2       Q3        Q4          2010
Opening balance
   Finance debt                                                                                             19,162     18,679    19,286    19,973    19,162    24,010    23,728    23,754    25,245    24,010    31,045    29,871    30,189    28,300    31,045    33,204    34,698    36,240    36,555    33,204    34,627    32,153   30,580    39,979    34,627
   Less: Cash and cash equivalents                                                                           2,960      2,939     4,852     3,199     2,960     2,590     1,956     2,643     2,410     2,590     3,562     4,820     3,593     6,142     3,562     8,197     8,360     8,959     9,883     8,197     8,339     6,841    7,310    12,803     8,339
   Less: FV asset (liability) of hedges related to finance debt                                               (171)      (253)     (313)      202      (171)      298       328       379       640       298       666     1,234       900       149       666       (34)     (323)      179       370       (34)      127       152       53       797       127
Opening net debt                                                                                            16,373     15,993    14,747    16,572    16,373    21,122    21,444    20,732    22,195    21,122    26,817    23,817    25,696    22,009    26,817    25,041    26,661    27,102    26,302    25,041    26,161    25,160   23,217    26,379    26,161
Closing balance
      Finance debta                                                                                         18,679     19,286    19,973    24,010    24,010    23,728    23,754    25,245    31,045    31,045    29,871    30,189    28,300    33,204    33,204    34,698    36,240    36,555    34,627    34,627    32,153    30,580   39,979    45,336    45,336
      Less: Cash and cash equivalents                                                                        2,939      4,852     3,199     2,590     2,590     1,956     2,643     2,410     3,562     3,562     4,820     3,593     6,142     8,197     8,197     8,360     8,959     9,883     8,339     8,339     6,841     7,310   12,803    18,556    18,556
      Less: FV asset (liability) of hedges related to finance debt                                            (253)      (313)      202       298       298       328       379       640       666       666     1,234       900       149       (34)      (34)     (323)      179       370       127       127       152        53      797       916       916
    Closing net debt                                                                                        15,993     14,747    16,572    21,122    21,122    21,444    20,732    22,195    26,817    26,817    23,817    25,696    22,009    25,041    25,041    26,661    27,102    26,302    26,161    26,161    25,160    23,217   26,379    25,864    25,864
Decrease (increase) in net debt                                                                                380      1,246    (1,825)   (4,550)   (4,749)     (322)      712    (1,463)   (4,622)   (5,695)    3,000    (1,879)    3,687    (3,032)    1,776    (1,620)     (441)      800       141    (1,120)    1,001     1,943   (3,162)      515       297
Movement in cash and cash equivalents (excluding exchange adjustments)                                         (35)     1,949    (1,672)     (659)     (417)     (645)      661      (277)    1,098       837     1,224    (1,225)    2,627     2,193     4,819       242       498       864    (1,572)       32    (1,421)      631    5,362     5,924    10,496
Net cash outflow (inflow) from financing (excluding share capital)                                             379       (734)       (5)   (3,689)   (4,049)      334        79    (1,164)   (5,660)   (6,411)    1,784      (517)    1,048    (5,140)   (2,825)   (1,857)     (984)       46     1,654    (1,141)    2,400     1,291   (3,271)   (4,033)   (3,613)
Debt acquiredb                                                                                                   –          –         –       (13)      (13)        –         –         –         –         –         –         –         –         –         –         –         –         –         –         –         –         –   (5,045)   (1,152)   (6,197)
Other movements                                                                                                 32         26       (34)     (169)     (145)      (11)      (13)      (21)      (89)     (134)       (7)     (114)       (8)       (7)     (136)        7        15       (97)       14       (61)        7        20     (146)     (185)     (304)
Movement in net debt before exchange effects                                                                   376      1,241    (1,711)   (4,530)   (4,624)     (322)      727    (1,462)   (4,651)   (5,708)    3,001    (1,856)    3,667    (2,954)    1,858    (1,608)     (471)      813        96    (1,170)      986     1,942   (3,100)      554       382
Exchange adjustments                                                                                             4          5      (114)      (20)     (125)        –       (15)       (1)       29        13        (1)      (23)       20       (78)      (82)      (12)       30       (13)       45        50        15         1      (62)      (39)      (85)
Decrease (increase) in net debt                                                                                380      1,246    (1,825)   (4,550)   (4,749)     (322)      712    (1,463)   (4,622)   (5,695)    3,000    (1,879)    3,687    (3,032)    1,776    (1,620)     (441)      800       141    (1,120)    1,001     1,943   (3,162)      515       297

a
      At 31 December 2009 and 31 March 2010 all finance debt was unsecured. At 30 June 2010 of $30,580
      million finance debt, $1,155 million was secured and the remainder was unsecured. At 30 September 2010
      of $39,979 million finance debt, $1,202 million was secured and the remainder was unsecured. At 31
      December 2010 of $45,336 million finance debt, $790 million was secured and the remainder was
      unsecured.

b
      During the fourth quarter 2010 disposal transactions were completed in respect of which deposits of $3,795
      million had been received in the third quarter. Further deposits of $4,947 million were received in the fourth
      quarter, resulting in total deposits held at 31 December 2010 of $6,197 million,in respect of disposals
      expected to complete in 2011. This amount is included in finance debt at 31 December 2010 and will be
      considered extinguished on completion of the transaction.




                     C:\Docstoc\Working\pdf\265e9784-af66-4bb3-985e-5c9fea41b25a.xlsAnalysis of changes in net
    Quarterly Financial and Operating Information 2006-2010
    Group information



    Capital expenditure and acquisitions
                                                                                                                                                                                                                                                                                                   $ million
                                                                                              Q1      Q2      Q3      Q4      2006     Q1      Q2      Q3      Q4       2007     Q1      Q2      Q3      Q4       2008     Q1      Q2      Q3      Q4       2009     Q1      Q2      Q3      Q4        2010
    By business
    Exploration and Production
       USa b                                                                                1,038   1,214   1,188   1,215    4,655   1,067   1,542   1,176   1,311    5,096    1,215   1,801   5,252   2,091   10,359    1,670   1,422   1,395   1,682    6,169    1,133   3,024   1,432   1,043    6,632
       Non-US c d e f                                                                       1,688   1,807   2,789   2,313    8,597   1,956   2,192   2,124   2,839    9,111    4,787   2,148   2,178   2,755   11,868    2,035   2,144   2,117   2,431    8,727    2,815   2,172   3,815   2,319   11,121
                                                                                            2,726   3,021   3,977   3,528   13,252   3,023   3,734   3,300   4,150   14,207    6,002   3,949   7,430   4,846   22,227    3,705   3,566   3,512   4,113   14,896    3,948   5,196   5,247   3,362   17,753
    Refining and Marketing
           c                                                                                 258     252     289      540              269    380      466     757             2,297     662     564     774              567     562     584      912              528     704      774     755
       US                                                                                                                    1,339                                    1,872                                     4,297                                     2,625                                     2,761
             g                                                                               229     291     328      940            1,360    474      661   1,128               371     582     552     832              226     276     335      652              144     221      293     610
       Non-US                                                                                                                1,788                                    3,623                                     2,337                                     1,489                                     1,268
                                                                                             487     543     617    1,480    3,127   1,629    854    1,127   1,885    5,495    2,668   1,244   1,116   1,606    6,634     793     838     919    1,564    4,114     672     925    1,067   1,365    4,029
    Other businesses and corporate
           h                                                                                   11      88     191     308               51      63      81     324               267     463     228     432                56     364     502     149                28      30     289     630
       US                                                                                                                      598                                      519                                     1,390                                     1,071                                       977
       Non-US                                                                                  34      60      39     121      254      57      45      64     254      420      108     146      84     111      449       41      50      50      87      228       39      61      53     104      257
                                                                                               45     148     230     429      852     108     108     145     578      939      375     609     312     543    1,839       97     414     552     236    1,299       67      91     342     734    1,234
                                                                                            3,258   3,712   4,824   5,437   17,231   4,760   4,696   4,572   6,613   20,641    9,045   5,802   8,858   6,995   30,700    4,595   4,818   4,983   5,913   20,309    4,687   6,212   6,656   5,461   23,016
    By geographical area
           a bch                                                                            1,307   1,554   1,668   2,063            1,387   1,985   1,723   2,392             3,779   2,926   6,044   3,297             2,293   2,348   2,481   2,743             1,689   3,758   2,495   2,428
       US                                                                                                                    6,592                                    7,487                                    16,046                                     9,865                                    10,370
       Non-USc d e f g                                                                      1,951   2,158   3,156   3,374   10,639   3,373   2,711   2,849   4,221   13,154    5,266   2,876   2,814   3,698   14,654    2,302   2,470   2,502   3,170   10,444    2,998   2,454   4,161   3,033   12,646
                                                                                            3,258   3,712   4,824   5,437   17,231   4,760   4,696   4,572   6,613   20,641    9,045   5,802   8,858   6,995   30,700    4,595   4,818   4,983   5,913   20,309    4,687   6,212   6,656   5,461   23,016
    Included above:
    Acquisitions and asset exchanges
                                             acf
                                                                                              10       –     106     205      321    1,113    332       2       –     1,447    1,964    324       –     226     2,514       –       –     281      27      308        –    1,767   1,427    212     3,406
a   Second quarter 2010 included capital expenditure of $1,767 million in the US
    Deepwater Gulf of Mexico as part of the transaction with Devon Energy announced
    in first quarter 2010.
b   Third quarter 2008 includes capital expenditure of $3,652 million in Exploration and
    Production relating to the purchase of all of Chesapeake Energy Corporation's
    interests in the Arkoma Basin Woodford Shale assets and the purchase of a 25%
    interest in Chesapeake's Fayetteville Shale assets. The fourth quarter of 2008
    includes a further $15 million reflecting closing adjustments relating to these
    transactions.
c   First quarter 2008 includes capital expenditure of $2,848 million in Exploration and
    Production and an asset exchange of $1,793 million in Refining and Marketing
    relating to the formation of an Integrated North American oil sands business with
    Husky Energy Inc. Second quarter 2008 includes a further $111 million in Refining
    and Marketing reflecting closing adjustments relating to the first quarter 2008
    transaction. Third quarter 2008 includes a reduction of $23 million in Exploration
    and Production reflecting closing adjustments relating to this transaction.
    Therefore, full year 2008 includes capital expenditure of $2,822m in Exploration
    and Production and an asset exchange of $1,909m in Refining and Marketing
    relating to this transaction.
d   Third quarter 2006 includes $1 billion for the purchase of shares in Rosneft.
e    First quarter 2010 also included capital expenditure of $900 million relating to the
    formation of a partnership with Value Creation Inc. to develop the Terre de Grace
    oil sands acreage in the Athabasca region of Alberta, Canada. Third quarter 2010
    included $492 million for the purchase of additional interests in the Valhall and Hod
    fields in the North Sea.

f   Fourth quarter 2010 included capital expenditure of $1,107 million (third quarter
    $1.099 million) in Azerbaijan as part of the transaction with Devon Energy
    announced in the first quarter 2010.


g   First half 2007 includes $1,132 million for the acquisition of Chevron's Netherlands
    manufacturing company.
h   2010 Included capital expenditure of $557 million for wind turbines, incurred at the
    time for future wind projects, of which $390 million was incurred during the fourth
    quarter and $163 million during the third quarter. In 2009, the comparative
    amounts were $440 million for the full year and $36 million for the fourth quarter.




                     C:\Docstoc\Working\pdf\265e9784-af66-4bb3-985e-5c9fea41b25a.xlsCapital expend & acquistns
    Quarterly Financial and Operating Information 2006-2010
    Group information



    Debt ratios
                                                                                                                                                                                                                                                                                 $ million, except ratios
                                                                                       1Q 2006   2Q 2006   3Q 2006   4Q 2006   1Q 2007   2Q 2007   3Q 2007   4Q 2007   1Q 2008    2Q 2008    3Q 2008   4Q 2008   1Q 2009   2Q 2009    3Q 2009    4Q 2009   1Q 2010   2Q 2010   3Q 2010         4Q 2010
    Gross debt                                                                         18,679    19,286    19,973    24,010    23,728    23,754    25,245    31,045    29,871     30,189     28,300    33,204    34,698    36,240     36,555     34,627  32,153      30,580    39,979          45,336
    Less: fair value asset (liability) of hedges related to finance debt                 (253)     (313)      202       298       328       379       640       666     1,234        900        149       (34)     (323)      179        370        127     152          53       797             916
                                                                                       18,932    19,599    19,771    23,712    23,400    23,375    24,605    30,379    28,637     29,289     28,151    33,238    35,021    36,061     36,185     34,500  32,001      30,527    39,182          44,420
    Cash and cash equivalents                                                           2,939     4,852     3,199     2,590     1,956     2,643     2,410     3,562     4,820      3,593      6,142     8,197     8,360     8,959      9,883      8,339   6,841       7,310    12,803          18,556
    Net debta                                                                          15,993    14,747    16,572    21,122    21,444    20,732    22,195    26,817    23,817     25,696     22,009    25,041    26,661    27,102     26,302     26,161  25,160      23,217    26,379          25,864
    Equity                                                                             80,881    82,356    85,070    85,465    85,749    89,423    91,494    94,652    99,165    105,965    106,790    92,109    91,179    96,949    100,803    102,113 104,978      86,362    90,366          95,891
    Debt to debt-plus-equity ratio                                                        19%       19%       19%       22%       21%       21%       21%       24%       22%        22%        21%       27%       28%       27%        26%        25%     23%         26%       30%             32%
    Debt to equity ratio                                                                  23%       24%       23%       28%       27%       26%       27%       32%       29%        28%        26%       36%       38%       37%        36%        34%     30%         35%       43%             46%
    Net debt to net debt-plus-equity ratio                                                17%       15%       16%       20%       20%       19%       20%       22%       19%        20%        17%       21%       23%       22%        21%        20%     19%         21%       23%             21%
    Net debt to equity ratio                                                              20%       18%       19%       25%       25%       23%       24%       28%       24%        24%        21%       27%       29%       28%        26%        26%     24%         27%       29%             27%
a   Net debt equals finance debt, including the fair value of associated derivative
    financial instruments that are used to hedge foreign exchange and interest rate
    risks relating to finance debt, for which hedge accounting is claimed, less cash
    and cash equivalents.




                 C:\Docstoc\Working\pdf\265e9784-af66-4bb3-985e-5c9fea41b25a.xlsDebt ratios
    Quarterly Financial and Operating Information 2006-2010
    Group information



    Exploration and Production
                                                                                                                                                                                                                                                                                                                 $ million
                                                                                         Q1      Q2        Q3       Q4      2006      Q1       Q2       Q3       Q4       2007       Q1        Q2        Q3      Q4      2008      Q1      Q2       Q3       Q4       2009      Q1       Q2      Q3       Q4         2010
                                         a
    Profit before interest and tax                                                     7,056   8,255    10,072    5,570   30,953    6,317    7,165    6,297    7,950    27,729    10,054    10,819    12,545   4,497   37,915    4,286   5,062    6,930    8,664    24,942    8,316    6,189   8,351    8,114    30,970
    Inventory holding (gains) losses                                                      70     (11)        6        8       73      (11)     (46)      10      (80)     (127)       18       (48)      164     259      393       34     (16)      (1)    (159)     (142)     (24)      55      (1)    (114)      (84)
    Replacement cost profit before interest and tax                                    7,126   8,244    10,078    5,578   31,026    6,306    7,119    6,307    7,870    27,602    10,072    10,771    12,709   4,756   38,308    4,320   5,046    6,929    8,505    24,800    8,292    6,244   8,350    8,000    30,886
    By geographical area
       US                                                                              2,500   2,476     3,958    1,068   10,002    1,731    2,183    1,775    2,240     7,929     3,085     3,601     3,739   1,299   11,724    1,143   1,161    1,864    2,517     6,685    2,762    1,798   3,602    1,522     9,684
       Non-US                                                                          4,626   5,768     6,120    4,510   21,024    4,575    4,936    4,532    5,630    19,673     6,987     7,170     8,970   3,457   26,584    3,177   3,885    5,065    5,988    18,115    5,530    4,446   4,748    6,478    21,202
                                                                                       7,126   8,244    10,078    5,578   31,026    6,306    7,119    6,307    7,870    27,602    10,072    10,771    12,709   4,756   38,308    4,320   5,046    6,929    8,505    24,800    8,292    6,244   8,350    8,000    30,886
    Results include:
      Non-operating items
        US                                                                                2       8      2,021    (269)    1,762      (7)     178       (15)     213      369         (8)       (8)        3   (318)     (331)     71     118      (65)      21        145     (62)    (156)   1,681     (273)    1,190
        Non-US                                                                         (443)    577        360     307       801     764      200        25     (867)     122       (368)   (1,968)    1,115    562      (659)    240     389      536      955      2,120     103      217       60    1,629     2,009
                                                                                       (441)    585      2,381      38     2,563     757      378        10     (654)     491       (376)   (1,976)    1,118    244      (990)    311     507      471      976      2,265      41       61    1,741    1,356     3,199
                                             b
       Fair value accounting effects
         US                                                                            (117)    (147)       14     191       (59)     (6)      (71)     (19)     19       (77)      (142)     (236)     136      11      (231)    208      92      169      218       687        81     (35)      86        9        141
         Non-US                                                                          14       (3)      (37)     53        27      37        (3)     (17)    108       125       (117)     (137)     (39)    242       (51)    (50)     43       11      228       232       (18)    (87)     (18)     (21)      (144)
                                                                                       (103)    (150)      (23)    244       (32)     31       (74)     (36)    127        48       (259)     (373)      97     253      (282)    158     135      180      446       919        63    (122)      68      (12)        (3)
       Exploration expense
              c                                                                          66      55       188      324                77       54       60       61                  72        47        59     128                44     235      235      149                 69       64      78      254
          Us                                                                                                                 633                                          252                                            306                                           663                                           465
          Non-US                                                                        123      42       163       84       412      79      101      184      140       504       221        71       173     111      576       75     112      143      123        453      51       68      82      177         378
                                                                                        189      97       351      408     1,045     156      155      244      201       756       293       118       232     239      882      119     347      378      272      1,116     120      132     160      431         843
    Production (net of royalties) de
      Liquids (mb/d)(net of royalties)f
         US                                                                              566     565       523      533      547      526      532      475      523       513       554       534       473     590      538      643     661      669      687       665      665      581     564      567       594
         Europe                                                                          349     344       271      296      314      295      261      203      249       252       235       226       190     216      216      212     201      199      219       208      215      184     155      155       177
         Russia                                                                          896     907       867      837      876      832      837      830      829       832       818       825       833     827      826      822     837      850      852       840      849      859     859      858       856
         Rest of World                                                                   722     715       761      750      738      793      819      784      868       817       846       823       787     827      821      827     827      814      819       822      798      759     743      686       747
                                                                                       2,533   2,531     2,422    2,416    2,475    2,446    2,449    2,292    2,469     2,414     2,453     2,408     2,283   2,460    2,401    2,504   2,526    2,532    2,577     2,535    2,527    2,383   2,321    2,266     2,374
       Natural gas (mmcf/d) (net of royalties)
         US                                                                            2,485   2,493     2,332    2,196    2,376    2,163    2,165    2,186    2,183     2,174     2,149     2,140     2,094   2,243    2,157    2,335   2,339    2,278    2,313     2,316    2,221    2,240   2,190    2,085     2,184
         Europe                                                                        1,290     994       854      978    1,027      948      753      608      879       797       996       744       527     858      782      838     645      473      583       634      599      551     412      390       487
         Russia                                                                          567     538       472      602      544      566      441      364      437       451       512       546       579     621      564      642     555      553      654       601      673      647     542      698       640
         Rest of World                                                                 4,371   4,599     4,428    4,480    4,470    4,825    4,500    4,721    4,838     4,721     4,807     4,818     4,811   4,891    4,831    4,952   5,041    4,727    5,018     4,934    5,107    5,046   5,220    4,987     5,090
                                                                                       8,713   8,624     8,086    8,256    8,417    8,502    7,859    7,879    8,337     8,143     8,464     8,248     8,011   8,613    8,334    8,767   8,580    8,031    8,568     8,485    8,600    8,484   8,364    8,160     8,401
                                         g
    Total hydrocarbons (mboe/d)
      US                                                                                 995     995       925      912      957      899      905      851      900       888       925       903       834     976      910    1,046   1,064    1,061    1,086     1,064    1,048      968     941      927       970
      Europe                                                                             570     515       418      465      491      459      391      308      401       389       406       354       280     365      351      357     312      280      320       317      318      279     226      222       261
      Russia                                                                             994     999       948      941      970      930      913      892      904       910       906       919       932     934      923      933     933      945      965       944      965      971     953      978       967
      Rest of World                                                                    1,476   1,509     1,525    1,523    1,508    1,624    1,595    1,600    1,702     1,631     1,676     1,654     1,618   1,670    1,654    1,680   1,696    1,631    1,683     1,673    1,679    1,628   1,643    1,546     1,624
                                                                                       4,035   4,018     3,816    3,840    3,926    3,912    3,804    3,651    3,907     3,818     3,913     3,830     3,664   3,945    3,838    4,016   4,005    3,917    4,054     3,998    4,010    3,846   3,763    3,673     3,822
                             h
    Average realizations
      Total liquids ($/bbl)                                                            55.88   62.86     64.15    54.13    59.23    53.43    62.58    71.12    82.72     67.45     90.92    109.95    111.47   52.09    90.20    41.26   52.33    62.77    68.02     56.26    71.86    72.90   70.47    78.80     73.41
      Natural gas ($/mcf)                                                               5.54    4.44      4.49     4.38     4.72     4.86     4.45     3.93     4.83      4.53      5.88      6.63      6.49    5.08     6.00     3.63    2.86     2.81     3.68      3.25     4.26     3.76    3.92     3.98      3.97
      Total hydrocarbons ($/boe)                                                       44.20   44.58     45.47    40.13    43.60    41.06    44.97    46.36    56.03     47.18     62.27     75.39     73.49   40.94    62.60    31.40   35.02    41.12    45.83     38.36    49.16    47.08   45.05    50.41     47.90
a   Profit from continuing operations and includes profit after interest and tax of
    equity-accounted entities.
b   These effects represent the favourable (unfavourable) impact relative to
    management's measure of performance.
c   Fourth quarter and year 2010 includes $157 million related to
    decommissioning of idle infrastructures, as required by BOEMRE's Notice
    of lessees 2010 GO5 issued in October 2010.
d   Includes BP's share of production of equity-accounted entities.
e   Because of rounding, some totals may not agree exactly with the sum of
    their component parts.
f   Crude oil and natural gas liquids.
g   Natural gas is converted to oil equivalent at 5.8 million cubic feet = 1 million
    barrels.
h   Based on sales of consolidated subsidiaries only - this excludes equity-
    accounted entities.
    Quarterly Financial and Operating Information 2006-2010
    Group information



    Refining and Marketing
                                                                                                                                                                                                                                                                                                                         $ million
                                                                                       Q1        Q2       Q3       Q4       2006      Q1        Q2       Q3        Q4       2007       Q1        Q2       Q3        Q4       2008      Q1        Q2       Q3        Q4       2009      Q1       Q2      Q3        Q4         2010
    Profit (loss) before interest and taxa                                           1,924     2,994      694     (693)    4,919    1,095     3,983      931        67     6,076     2,573     4,430     (823)   (8,064)   (1,884)   1,417     2,536    1,433      (869)    4,517    1,408    1,850   1,699     2,282     7,239
    Inventory holding (gains) losses                                                  (426)   (1,136)     786    1,018       242     (291)   (1,241)    (560)   (1,363)   (3,455)   (1,324)   (3,891)   2,795     8,480     6,060     (327)   (1,856)    (517)   (1,074)   (3,774)    (679)     225      88    (1,318)   (1,684)
    Replacement cost profit (loss) before interest and tax                           1,498     1,858    1,480      325     5,161      804     2,742      371    (1,296)    2,621     1,249       539    1,972       416     4,176    1,090       680      916    (1,943)      743      729    2,075   1,787       964     5,555
    By geographical area
       US                                                                              636      750       388     (416)    1,358     129       966      (522)   (1,805)   (1,232)     154      (401)      338     (735)      (644)     308     (326)     (229)   (2,331)   (2,578)    (63)      757     220       21        935
       Non-US                                                                          862    1,108     1,092      741     3,803     675     1,776       893       509     3,853    1,095       940     1,634    1,151      4,820      782    1,006     1,145       388     3,321     792     1,318   1,567      943      4,620
                                                                                     1,498    1,858     1,480      325     5,161     804     2,742       371    (1,296)    2,621    1,249       539     1,972      416      4,176    1,090      680       916    (1,943)      743     729     2,075   1,787      964      5,555
    Results include:
      Non-operating items
        US                                                                             96      (446)     (266)      25      (591)     (58)     170      (316)     (977)   (1,181)     774        (16)      13       43        814     (134)     (27)     (179)   (1,697)   (2,037)      (3)    151     216        (12)       352
        Non-US                                                                        467       (18)     (167)     (78)      204     (171)     597       (28)     (169)      229     (165)       (83)     (13)    (206)      (467)    (216)    (139)      (62)     (149)     (566)     (67)     81     166         98        278
                                                                                      563      (464)     (433)     (53)     (387)    (229)     767      (344)   (1,146)     (952)     609        (99)       –     (163)       347     (350)    (166)     (241)   (1,846)   (2,603)     (70)    232     382         86        630
       Fair value accounting effectsb
         US                                                                            (97)      26      315      (231)      13      (165)     174      (142)      (32)     (165)      95        53      174        (91)     231        65      (46)       6        (9)        16      16       37      (61)      27           19
         Non-US                                                                        (26)      48      269       (93)     198      (374)     163        49       (30)     (192)       6      (214)     462         26      280      (174)     (80)      80      (103)      (277)     (6)      82     (160)     107           23
                                                                                      (123)      74      584      (324)     211      (539)     337       (93)      (62)     (357)     101      (161)     636        (65)     511      (109)    (126)      86      (112)      (261)     10      119     (221)     134           42
    Refinery throughputs (mb/d)
      US                                                                               976    1,200     1,213    1,052     1,110    1,152      996     1,109      996      1,064    1,076     1,189     1,158    1,063      1,121    1,164    1,188     1,307    1,289      1,238    1,366    1,350   1,342    1,343      1,350
      Europe                                                                           750      833       822      848       813      788      823       735      689        758      775       753       730      697        739      783      763       751      722        755      780      770     772      777        775
      Rest of World                                                                    296      256       252      294       275      292      309       304      313        305      315       297       297      272        295      299      318       271      292        294      282      309     315      300        301
    Total throughput                                                                 2,022    2,289     2,287    2,194     2,198    2,232    2,128     2,148    1,998      2,127    2,166     2,239     2,185    2,032      2,155    2,246    2,269     2,329    2,303      2,287    2,428    2,429   2,429    2,420      2,426
    Refining availability (%)c                                                        79.9     86.4      82.2     81.6      82.5     81.6     82.7      83.4     84.0       82.9     88.0      88.3      87.7     91.4        88.8    92.3     93.6      94.3     94.4       93.6     95.3     94.6    95.0     94.9       95.0

    Sales volumes (mb/d)d
    Refined products
      US                                                                             1,599    1,631     1,609    1,541     1,595    1,564    1,579     1,535    1,455     1,533     1,455     1,498     1,453    1,435     1,460     1,402    1,431     1,442    1,426     1,426     1,418    1,466   1,431    1,415      1,433
      Europe                                                                         1,660    1,665     1,737    1,722     1,696    1,581    1,614     1,679    1,658     1,633     1,565     1,551     1,584    1,564     1,566     1,529    1,457     1,522    1,507     1,504     1,428    1,312   1,491    1,379      1,402
      Rest of World                                                                    567      579       578      601       581      624      615       641      680       640       692       716       662      667       685       617      634       619      651       630       629      622     592      597        610
    Total marketing sales                                                            3,826    3,875     3,924    3,864     3,872    3,769    3,808     3,855    3,793     3,806     3,712     3,765     3,699    3,666     3,711     3,548    3,522     3,583    3,584     3,560     3,475    3,400   3,514    3,391      3,445
    Trading/supply sales                                                             2,204    1,682     1,911    1,920     1,929    2,026    1,867     1,687    1,696     1,818     2,047     2,017     2,107    1,779     1,987     2,312    2,228     2,377    2,390     2,327     2,622    2,544   2,279    2,485      2,482
    Total refined product sales                                                      6,030    5,557     5,835    5,784     5,801    5,795    5,675     5,542    5,489     5,624     5,759     5,782     5,806    5,445     5,698     5,860    5,750     5,960    5,974     5,887     6,097    5,944   5,793    5,876      5,927
    Global Indicator Refining Margin ($/bbl)e
      US West Coast                                                                  11.22    21.27     12.30    14.59     14.84    22.21    22.71      6.90     8.49      15.05     5.91      9.94      7.07     6.80       7.42     9.96      7.14     4.89      1.68      5.88     3.32     8.18    7.24     5.86         6.16
      US Gulf Coast                                                                  10.86    17.74     11.47     7.92     12.00    10.14    24.46     12.58     6.82      13.48     6.21      8.59      9.87     2.49       6.78     6.69      6.00     4.16      1.75      4.63     3.50     6.59    4.72     5.03         4.96
      US Midwest                                                                      4.89    14.75     11.50     5.42      9.14     7.62    26.05     14.31     3.39      12.81     1.11      6.53     10.47     2.53       5.17     7.03      8.54     5.04      1.22      5.43     1.86     7.54    6.34     4.97         5.19
      North West Europe                                                               2.88     5.78      4.54     2.49      3.92     4.16     7.12      3.82     4.84       4.99     4.79      7.46      7.13     7.48       6.72     4.67      3.10     2.60      2.69      3.26     4.29     3.84    2.59     4.50         3.80
      Mediterranean                                                                   4.08     7.67      5.05     2.70      4.87     4.26     7.60      4.72     4.10       5.17     5.21      8.21      5.55     5.04       6.00     3.56      2.55     1.59      0.79      2.11     3.11     3.92    2.70     3.44         3.29
      Singapore                                                                       3.54     6.83      3.58     2.95      4.22     4.84     6.01      4.52     5.80       5.29     4.76      9.41      5.90     5.16       6.30     2.51     (0.11)   (0.02)    (1.47)     0.21     0.97     0.85    2.34     2.32         1.63
      BP Average GIM                                                                  6.28    12.59      8.40     6.30      8.39     9.45    16.66      8.05     5.68       9.94     4.57      8.19      8.03     5.20       6.50     6.20     4.98      3.42     1.49       4.00     3.08     5.49    4.53     4.64         4.44
    Refining Marker Margin ($/bbl)f
      US West Coast                                                                  19.05    32.42     21.90    20.35     23.43    28.59    34.33     16.31    16.60      23.93    15.32     21.96     16.24    11.93      16.35    15.81    15.12     13.91     8.86      13.40     9.82    15.02   14.93    12.52       13.09
      US Gulf Coast                                                                  17.57    26.31     21.24    15.28     20.10    17.52    29.57     19.57    16.52      20.78    16.61     21.03     21.27     9.05      16.97     8.95    11.35      9.35     7.02       9.16    10.31    11.24    9.95     9.21       10.17
      US Midwest                                                                      8.34    18.47     14.06     7.82     12.17     9.84    24.75     16.91     7.40      14.70     5.02     10.40     13.60     4.97       8.50     5.20     9.27      6.29     3.35       6.02     4.99     7.24    6.74     5.00        6.00
      North West Europe                                                               9.01    15.57     13.70    10.58     12.22    12.00    17.72     13.55    14.46      14.43    14.39     21.83     18.20    14.49      17.22     9.50     9.66      8.76     7.88       8.95     9.79    11.21    9.14    11.29       10.36
      Mediterranean                                                                   9.05    16.03     13.02     9.31     11.85    10.34    16.97     11.75    13.09      13.04    12.58     18.09     14.21    12.22      14.27     8.55     9.19      7.76     6.27       7.93     8.27     9.59    7.63     9.80        8.82
      Singapore                                                                      13.12    20.25     12.91     9.91     14.05    13.01    17.70     13.38    15.75      14.96    17.40     24.12     14.51    12.05      16.99    11.23     8.97      7.82     6.11       8.51    10.60    10.48   10.10    11.56       10.69
      BP Average RMM                                                                 12.59    21.50     16.33    12.38     15.70    15.49    24.00     15.62    13.90      17.24    13.37     19.56     16.79    10.75      15.11    10.01    10.80      9.21     6.79       9.19     9.06    11.04   10.00     9.98       10.02
    Chemicals production (kte)
      US                                                                               789      816       883      976     3,464    1,076    1,047     1,117    1,088      4,328    1,036     1,022       850      579      3,487      713      744       812      841      3,110      940    1,088   1,072    1,046      4,146
       Europeg                                                                       1,234    1,130     1,095    1,049     4,508    1,075      985       893      957      3,909    1,054       905       940      674      3,574      847      927     1,049      901      3,724    1,063    1,067   1,027      894      4,051
       Rest of World                                                                 1,687    1,728     1,682    1,357     6,454    1,520    1,497     1,569    1,497      6,083    1,531     1,598     1,358    1,287      5,774    1,244    1,221     1,634    1,727      5,826    1,888    1,846   1,883    1,780      7,397
    Total productiong                                                                3,710    3,674     3,660    3,382    14,426    3,671    3,529     3,579    3,542     14,320    3,621     3,525     3,148    2,540     12,835    2,804    2,892     3,495    3,469     12,660    3,891    4,001   3,982    3,720     15,594
a   Profit from continuing operations and includes profit after interest and tax
    of equity-accounted entities.
b   These effects represent the favourable (unfavourable) impact relative to
    management's measure of performance.
c   Refining availability represents Solomon Associates' operational availability,
    which is defined as the percentage of the year that a unit is available for
    processing after subtracting the annualized time lost due to turnaround
    activity and all planned mechanical, process and regulatory maintenance
    downtime. During the year 2006, there was planned maintenance of a
    substantial part of the Texas City refinery.
d   Does not include volumes relating to crude oil.
e   The Global Indicator Refining Margin (GIM) is the average of regional
    indicator margins weighted for BP’s crude refining capacity in each region.
    Each regional indicator margin is based on a single representative crude
    with product yields characteristic of the typical level of upgrading
    complexity. The regional indicator margins may not be representative of the
    margins achieved by BP in any period because of BP’s particular refinery
    configurations and crude and product slate.
f   The Refining Marker Margin is the average of regional indicator margins
    weighted for BP's crude refining capacity in each region. Each regional
    marker margin is based upon product yields and a "marker" crude oil
    deemed appropriate for the region. The regional indicator margins may not
    be representative of the margins achieved by BP in any period because of
    BP’s particular refinery configurations and crude and product slate.
    Quarterly Financial and Operating Information 2006-2010
    Group information



    Other businesses and corporate
                                                                                                                                                                                                                                                                                        $ million
                                                                                   Q1      Q2      Q3      Q4     2006     Q1      Q2      Q3      Q4       2007     Q1      Q2      Q3      Q4       2008     Q1      Q2      Q3      Q4       2009     Q1      Q2      Q3      Q4         2010

    Profit (loss) before interest and taxa                                         (87)   (176)   (177)   (339)   (779)    (97)   (171)   (522)   (443)   (1,233)   (193)   (301)    (35)   (729)   (1,258)   (800)   (581)   (566)   (369)   (2,316)   (326)    (74)   (563)   (537)    (1,500)
    Inventory holding (gains) losses                                                (2)     (1)    (48)    (11)    (62)     (1)     (2)     11      16        24     (20)    (13)     19      49        35      39      (2)    (20)    (23)       (6)     (2)      4      (5)    (13)       (16)
    Replacement cost profit (loss) before interest and tax                         (89)   (177)   (225)   (350)   (841)    (98)   (173)   (511)   (427)   (1,209)   (213)   (314)    (16)   (680)   (1,223)   (761)   (583)   (586)   (392)   (2,322)   (328)    (70)   (568)   (550)    (1,516)
    By region
       US                                                                          (98)    (27)     58    (342)   (409)   (133)   (128)   (363)   (336)     (960)   (152)   (185)   (288)   (277)     (902)   (279)   (129)   (179)   (141)     (728)   (231)   (119)   (156)   (225)      (731)
       Non-US                                                                        9    (150)   (283)     (8)   (432)     35     (45)   (148)    (91)     (249)    (61)   (129)    272    (403)     (321)   (482)   (454)   (407)   (251)   (1,594)    (97)     49    (412)   (325)      (785)
                                                                                   (89)   (177)   (225)   (350)   (841)    (98)   (173)   (511)   (427)   (1,209)   (213)   (314)    (16)   (680)   (1,223)   (761)   (583)   (586)   (392)   (2,322)   (328)    (70)   (568)   (550)    (1,516)
    Results include:
    Non-operating items
      US                                                                            9      10     107     (199)    (73)     6        7    (195)    (57)    (239)     (49)    (33)   (105)   (115)    (302)    (116)    (33)    (29)     14     (164)    (106)    (7)     (71)    (54)      (238)
      Non-US                                                                        1      16     (27)      11       1     28      (15)     (6)    (30)     (23)     (32)    (90)    (23)   (186)    (331)    (205)     (6)    (35)    (79)    (325)     (12)    78      (15)    (13)        38
                                                                                   10      26      80     (188)    (72)    34       (8)   (201)    (87)    (262)     (81)   (123)   (128)   (301)    (633)    (321)    (39)    (64)    (65)    (489)    (118)    71      (86)    (67)      (200)
a   Profit from continuing operations and includes profit after interest and tax
    of equity-accounted entities.
    Quarterly Financial and Operating Information 2006-2010
    Group information



    Realizations and marker prices
                                                                                 Q1      Q2      Q3      Q4     2006     Q1      Q2      Q3      Q4     2007     Q1       Q2       Q3      Q4      2008     Q1      Q2      Q3      Q4     2009     Q1      Q2      Q3      Q4     2010

    Average realizationsa
                    b
    Liquids ($/bbl)
    US                                                                         53.79   60.21   62.95   52.11   57.25   51.62   59.42   67.47   78.28   64.18   87.57   101.88   112.03   59.95    89.22   39.47   47.45   60.30   66.15   53.68   69.77   70.77   68.15   74.60   70.79
    Europe                                                                     60.32   67.00   63.78   56.95   62.09   55.35   64.45   73.52   87.57   69.42   95.65   127.83   102.37   36.52    90.61   47.59   60.69   67.31   71.68   61.91   75.71   75.46   74.19   85.30   77.39
    Rest of World                                                              55.02   63.00   65.50   54.63   59.54   54.09   64.76   73.56   84.51   69.56   92.04   111.23   114.59   49.70    91.05   40.89   55.22   64.21   68.95   57.29   72.94   74.44   72.06   82.30   75.23
    BP Average                                                                 55.88   62.86   64.15   54.13   59.23   53.43   62.58   71.12   82.72   67.45   90.92   109.95   111.47   52.09    90.20   41.26   52.33   62.77   68.02   56.26   71.86   72.90   70.47   78.80   73.41

    Natural gas ($/mcf)
    US                                                                          6.91    5.44    5.51    5.03    5.74    5.76    5.94    4.64    5.41    5.43    6.73     8.76     7.88    3.89     6.77    3.38    2.47    2.73    3.69    3.07    4.84    3.52    3.73    3.31    3.88
    Europe                                                                      8.00    5.75    5.74    5.90    6.48    7.23    4.88    4.89    7.78    6.38    7.99     8.37     8.17    8.91     8.37    5.56    4.86    2.96    4.96    4.75    4.91    5.14    5.59    6.76    5.49
    Rest of World                                                               3.94    3.54    3.62    3.70    3.70    3.90    3.56    3.42    3.94    3.71    4.97     5.26     5.61    4.94     5.19    3.41    2.77    2.84    3.51    3.14    3.90    3.71    3.87    4.05    3.86
    BP Average                                                                  5.54    4.44    4.49    4.38    4.72    4.86    4.45    3.93    4.83    4.53    5.88     6.63     6.49    5.08     6.00    3.63    2.86    2.81    3.68    3.25    4.26    3.76    3.92    3.98    3.97

    Total hydrocarbons ($/boe)
    US                                                                         47.45   47.30   48.88   42.31   46.53   43.87   48.89   49.14   58.18   50.08   67.05    82.09    83.33   45.15    68.81   31.83   34.90   43.84   49.72   40.21   54.54   50.87   49.90   53.60   52.37
    Europe                                                                     54.90   55.81   53.06   48.71   53.27   50.57   52.46   58.14   71.52   57.99   74.81    99.10    84.52   42.67    74.46   41.36   49.11   52.72   58.18   50.07   60.39   59.89   61.69   71.48   62.93
    Rest of World                                                              36.28   37.27   39.99   35.31   37.22   35.80   39.68   41.48   49.95   41.86   54.95    63.67    64.13   37.27    54.79   28.35   31.81   36.25   39.59   34.01   42.20   41.47   38.71   43.70   41.37
    BP Average                                                                 44.20   44.58   45.47   40.13   43.60   41.06   44.97   46.36   56.03   47.18   62.27    75.39    73.49   40.94    62.60   31.40   35.02   41.12   45.83   38.36   49.16   47.08   45.05   50.41   47.90

    Average oil marker prices ($/bbl)
    Brent                                                                      61.79   69.59   69.60   59.60   65.14   57.76   68.76   74.74   88.45   72.39   96.71   121.18   115.09   55.48    97.26   44.46   59.13   68.08   74.53   61.67   76.36   78.24   76.86   86.46   79.50
    West Texas Intermediate                                                    63.29   70.46   70.44   59.90   66.02   58.05   64.89   75.24   90.47   72.20   97.86   123.81   118.07   59.13   100.06   43.20   59.71   68.12   75.97   61.92   78.84   77.81   76.05   85.13   79.45
    Alaska North Slope                                                         60.89   68.84   69.02   55.47   63.57   55.78   65.77   76.31   88.65   71.68   96.53   123.61   117.16   56.70    98.86   45.40   59.10   69.07   75.74   62.49   79.14   78.31   76.37   85.92   79.92
    Mars                                                                       55.59   63.74   62.92   53.29   58.90   53.22   62.16   69.37   81.38   66.58   90.89   116.82   112.85   53.84    93.95   43.83   57.51   66.35   73.68   60.50   75.85   77.42   74.66   84.19   78.04
    Urals (NWE - cif)                                                          58.15   64.73   65.90   56.06   61.22   54.36   65.03   71.98   85.41   69.16   93.35   117.47   113.32   54.58    94.83   43.65   58.46   67.76   74.21   61.15   75.31   76.92   75.58   85.16   78.26
    Russian domestic oil                                                       35.27   36.18   39.83   26.33   34.39   27.33   39.56   41.95   48.98   39.81   46.86    63.15    52.94   20.01    45.59   19.52   32.63   35.55   35.83   31.32   35.52   35.61   35.94   40.62   36.96

    Average natural gas marker prices
    Henry Hub gas price ($/mmbtu)c                                              9.01    6.80    6.58    6.56    7.24    6.77    7.55    6.16    6.97    6.86    8.03    10.94    10.25    6.95     9.04    4.91    3.51    3.39    4.16    3.99    5.30    4.09    4.38    3.80    4.39
    UK Gas - National Balancing Point (p/therm)                                70.00   34.55   33.72   29.92   42.19   22.33   20.24   30.58   46.70   29.95   52.94    60.72    61.48   57.16    58.12   46.80   27.51   21.57   27.75   30.85   35.65   38.26   43.14   52.43   42.45
a   Based on sales of consolidated subsidiaries only - this excludes equity-
    accounted entities.
b   Crude oil and natural gas liquids.
c   Henry Hub First of Month Index.
Quarterly Financial and Operating Information 2006-2010
Group information



Dividends paid
                                                                     Q1         Q2        Q3      Q4      2006      Q1       Q2       Q3       Q4      2007      Q1       Q2       Q3       Q4      2008       Q1       Q2       Q3       Q4      2009       Q1    Q2   Q3   Q4    2010
Dividends paid per ordinary share
   cents                                                            9.375     9.375      9.825   9.825   38.400   10.325   10.325   10.825   10.825   42.300   13.525   13.525   14.000   14.000   55.050   14.000   14.000   14.000   14.000    56.000   14.000    –    –    –   14.00
   pence                                                            5.288     5.251      5.324   5.241   21.104    5.258    5.151    5.278    5.308   20.995    6.813    6.830    7.039    8.705   29.387    9.818    9.584    8.503    8.512    36.417    8.679    –    –    –    8.68
Dividends paid per ADS (cents)                                      56.25     56.25      58.95   58.95   230.40    61.95    61.95    64.95    64.95   253.80    81.15    81.15    84.00    84.00   330.30    84.00    84.00    84.00     84.00   336.00    84.00    –    –    –   84.00




               C:\Docstoc\Working\pdf\265e9784-af66-4bb3-985e-5c9fea41b25a.xlsDividends paid
Quarterly Financial and Operating Information 2006-2010
Group information



Inventory holding gains and (losses)
                                                                                                                                                                                                                                                                                    $ million
                                                            Q1        Q2        Q3        Q4       2006      Q1       Q2      Q3       Q4       2007      Q1        Q2        Q3        Q4       2008    Q1       Q2      Q3       Q4       2009     Q1      Q2     Q3       Q4         2010
Exploration and Production                                  (70)       11        (6)       (8)      (73)      11       46     (10)      80       127      (18)       48      (164)     (259)     (393)   (34)      16       1      159       142      24     (55)     1      114         84
Refining and Marketing                                      426     1,136      (786)   (1,018)     (242)     291    1,241     560    1,363     3,455    1,324     3,891    (2,795)   (8,480)   (6,060)   327    1,856     517    1,074     3,774     679    (225)   (88)   1,318      1,684
Other businesses and corporate                                2         1        48        11        62        1        2     (11)     (16)      (24)      20        13       (19)      (49)      (35)   (39)       2      20       23         6       2      (4)     5       13         16
Inventory holding gains (losses)                            358     1,148      (744)   (1,015)     (253)     303    1,289     539    1,427     3,558    1,326     3,952    (2,978)   (8,788)   (6,488)   254    1,874     538    1,256     3,922     705    (284)   (82)   1,445      1,784
Tax on inventory holdings gains (losses)                   (119)     (385)      210       325        31      (83)    (401)   (176)    (423)   (1,083)    (463)   (1,340)      998     2,857     2,052    (79)    (629)   (183)    (408)   (1,299)   (224)    107     20     (492)      (589)
Total inventory holdings gains (losses), net of tax         239       763      (534)     (690)     (222)     220      888     363    1,004     2,475      863     2,612    (1,980)   (5,931)   (4,436)   175    1,245     355      848     2,623     481    (177)   (62)     953      1,195




             C:\Docstoc\Working\pdf\265e9784-af66-4bb3-985e-5c9fea41b25a.xlsInvntry holding gains & losses

				
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Description: Profit Loss Gain Income Statement Translation document sample