Stock Analysis on Net

BP PLC (NYSE:BP)

This company has been moved to the archive! The financial data has not been updated since March 3, 2015.

Cash Flow Statement

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

BP PLC, consolidated cash flow statement

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Profit (loss) before taxation 4,950 30,221 18,809 38,834 (4,825)
Exploration expenditure written off 3,029 2,710 745 1,024 375
Depreciation, depletion and amortization 15,163 13,510 12,481 11,135 11,164
Impairment and (gain) loss on sale of businesses and fixed assets 8,070 (11,154) (421) (2,072) (4,694)
Earnings from joint ventures and associates (3,372) (3,189) (4,419) (6,220) (4,757)
Dividends received from joint ventures and associates 1,911 1,391 2,210 5,381 3,277
Interest receivable (276) (314) (295) (198) (277)
Interest received 81 173 181 216 205
Finance costs 1,148 1,068 1,125 1,246 1,170
Interest paid (937) (1,084) (1,154) (1,110) (912)
Net finance expense (income) relating to pensions and other post-retirement benefits 314 480 (201) (263) (47)
Share-based payments 379 297 156 (88) 197
Net operating charge for pensions and other post-retirement benefits, less contributions and benefit payments for unfunded plans (963) (920) (857) (1,004) (959)
Net charge for provisions, less payments 1,119 1,061 5,340 2,976 19,217
(Increase) decrease in inventories 10,169 (1,193) (1,797) (3,988) (3,895)
(Increase) decrease in other current and non-current assets 3,566 (2,718) 2,968 (9,913) (15,620)
Increase (decrease) in other current and non-current liabilities (6,810) (2,932) (8,022) (5,767) 20,607
Income taxes paid (4,787) (6,307) (6,452) (8,035) (6,610)
Adjustments to reconcile profit (loss) before taxation to net cash provided by operating activities 27,804 (9,121) 1,588 (16,680) 18,441
Net cash provided by operating activities 32,754 21,100 20,397 22,154 13,616
Capital expenditure (22,546) (24,520) (23,078) (17,845) (18,421)
Acquisitions, net of cash acquired (131) (67) (116) (10,909) (2,468)
Investment in joint ventures (179) (451) (1,530) (857) (461)
Investment in associates (336) (4,994) (54) (55) (65)
Proceeds from disposals of fixed assets 1,820 18,115 9,991 3,500 7,492
Proceeds from disposals of businesses, net of cash disposed 1,671 3,884 1,455 (768) 9,462
Proceeds from loan repayments 127 178 370 301 501
Net cash used in investing activities (19,574) (7,855) (12,962) (26,633) (3,960)
Net issue (repurchase) of shares (4,589) (5,358) 122 74 169
Proceeds from long-term financing 12,394 8,814 11,087 11,600 11,934
Repayments of long-term financing (6,282) (5,959) (7,177) (9,102) (4,702)
Net increase (decrease) in short-term debt (693) (2,019) (674) 2,227 (3,619)
Net increase (decrease) in non-controlling interests 9 32
Dividends paid, BP shareholders (5,850) (5,441) (5,294) (4,072) (2,627)
Dividends paid, non-controlling interests (255) (469) (82) (245) (315)
Net cash provided by (used in) financing activities (5,266) (10,400) (2,018) 482 840
Currency translation differences relating to cash and cash equivalents (671) 40 64 (492) (279)
Increase (decrease) in cash and cash equivalents 7,243 2,885 5,481 (4,489) 10,217
Cash and cash equivalents at beginning of year 22,520 19,635 14,067 18,556 8,339
Cash and cash equivalents at end of year 29,763 22,520 19,548 14,067 18,556

Based on: 20-F (reporting date: 2014-12-31), 20-F (reporting date: 2013-12-31), 20-F (reporting date: 2012-12-31), 20-F (reporting date: 2011-12-31), 20-F (reporting date: 2010-12-31).

Cash flow statement item Description The company
Net cash provided by operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. BP PLC net cash provided by operating activities increased from 2012 to 2013 and from 2013 to 2014.
Net cash used in investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. BP PLC net cash used in investing activities increased from 2012 to 2013 but then decreased significantly from 2013 to 2014.
Net cash provided by (used in) financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. BP PLC net cash provided by (used in) financing activities decreased from 2012 to 2013 but then increased from 2013 to 2014 not reaching 2012 level.