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BP PLC (BP) | Income Statement

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The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

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BP PLC, Consolidated Income Statement

USD $ in millions

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  12 months ended Dec 31, 2011 Dec 31, 2010 Dec 31, 2009 Dec 31, 2008 Dec 31, 2007
chart Sales and other operating revenues
chart Earnings from jointly controlled entities, after interest and tax
chart Earnings from associates, after interest and tax
chart Earnings from jointly controlled entities and associates
chart Interest income
chart Other income
chart Interest and other income
chart Gains on sale of businesses and fixed assets
chart Revenues and other income
chart Purchases
chart Production and manufacturing expenses
chart Production and similar taxes
chart Depreciation, depletion and amortization
chart Impairment and losses on sale of businesses and fixed assets
chart Exploration expense
chart Distribution and administration expenses
chart Fair value gain (loss) on embedded derivatives
chart Profit (loss) before interest and taxation
chart Finance costs
chart Net finance income (expense) relating to pensions and other post-retirement benefits
chart Profit (loss) before taxation
chart Taxation
chart Profit (loss) for the year
chart Profit (loss) for the year attributable to minority interest
chart Profit (loss) for the year attributable to BP shareholders
Source: BP PLC, Annual Reports
Item Description The company
Sales and other operating revenues Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. BP PLC's sales and other operating revenues increased from 2009 to 2010 and from 2010 to 2011.
Profit (loss) before interest and taxation The net result for the period of deducting operating expenses from operating revenues. BP PLC's profit (loss) before interest and taxation declined from 2009 to 2010 but then increased from 2010 to 2011 exceeding 2009 level.
Profit (loss) before taxation Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. BP PLC's profit (loss) before taxation declined from 2009 to 2010 but then increased from 2010 to 2011 exceeding 2009 level.
Profit (loss) for the year The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. BP PLC's profit (loss) for the year declined from 2009 to 2010 but then increased from 2010 to 2011 exceeding 2009 level.
Profit (loss) for the year attributable to BP shareholders The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. BP PLC's profit (loss) for the year attributable to BP shareholders declined from 2009 to 2010 but then increased from 2010 to 2011 exceeding 2009 level.

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