Financial Statements

The 5-year financial statements provided below are directly traceable to the financial statements filed by the subject stock exchange listed company with the Securitiies Exchange Commission (SEC) of the United States. Included within the financial statements are the latest five years financial results as well as the most recent filed quarter compared to the same quarter of the last year filed.

Enter stock symbol from NYSE, AMEX, NASDAQ, or OTC:
BP plc (ADR), https://www.bp.com/, SIC Code - 2911, PETROLEUM REFINING

This online report is prepared by VentureLine

Income Statement Qtr. End
12/31/2023
Qtr. End
12/31/2022
Yr. End
12/31/2023
Yr. End
12/31/2022
Yr. End
12/31/2021
Yr. End
12/31/2020
Yr. End
12/31/2019
Sales
SALES
SALES is the total amount sold within a stipulated time period, usually 12 months. Sales is usually expressed in monetary terms but can also be in total units of stock or products sold.
52141 69257 210130 241392 157739 105944 159307
Cost of Goods Sold
COST OF GOODS SOLD
COST OF GOODS SOLD (COGS) is a figure representing the cost of buying raw material and producing finished goods. Included are precise factors, i.e. material and factory labor; as well as others that are variable, such as factory overhead.
37247 41476 146073 171894 120004 80616 113625
Gross Income
GROSS PROFIT
GROSS PROFIT is net sales minus cost of sales.
14894 27781 64057 69498 37735 25328 45682
Depreciation and Amortization
DEPRECIATION AND AMORTIZATION
DEPRECIATION AND AMORTIZATION is the standard line item in an income statement that sums: Depreciation, the non-cash expense of a tangible investment over time and Amortization, the non-cash expenses of an intangible investment over time.
3695 3396 15928 14318 14805 14889 17780
Research/Development
RESEARCH & DEVELOPMENT
RESEARCH & DEVELOPMENT (R&D) is research as a planned activity aimed at discovery of new knowledge with the hope of developing new or improved products and services. Development is the translation of the research findings into a plan or design of new or improved products and services.
501 140 997 585 424 20560 964
Interest Expense
INTEREST EXPENSE
INTEREST EXPENSE is the cost of borrowing funds in the current period. It is shown as a financial expense item within the income statement. An interest expense of zero to <15% relative to operating income, within the consumer products industry, is an indicator of a sustainable competitive advantage.
0 0 0 0 0 0 0
Unusual Expenses/(Income)
UNUSUAL EXPENSES/(INCOME)
UNUSUAL EXPENSES/(INCOME) is the sum of: Restructuring Charge, Litigation, Impairment of assets held for use or sale, portion of Purchased R&D written off, and Other Unusual Expense (Income).
3989 297 5545 26740 -2927 26143 8201
Total Operating Expenses
OPERATING EXPENSES
OPERATING EXPENSES is all selling and general & administrative expenses. Includes depreciation, but not interest expense.
50530 52463 185315 226986 144237 127944 151627
Operating Income
OPERATING INCOME
OPERATING INCOME is revenue less cost of goods sold and related operating expenses that are applied to the day-to-day operating activities of the company. It excludes financial related items (i.e., interest income, dividend income, and interest expense), extraordinary items, and taxes.
1611 16794 24815 14406 13502 -22000 7680
Interest Income - non-op.
INTEREST INCOME - NON-OPERATING
INTEREST INCOME - NON-OPERATING is interest income generated from non-operating investment securities such as certificates of deposit or bonds for non-financial service companies.
0 0 2964 1851 1821 2158 2415
Other Expenses/(Income)
OTHER EXPENSES/(INCOME)
OTHER EXPENSES/(INCOME) includes: miscellaneous other income and expenses (net), such as interest expense, miscellaneous expenses not included in general and administrative expenses, netted against recoveries, interest income, dividends received and miscellaneous income.
512 -108 -1898 -2850 -3546 730 -2889
Pretax Income
PROFIT BEFORE TAXES
PROFIT BEFORE TAXES (PBT) is a profitability measure that looks at a companys profits before the company has to pay income tax. This measure deducts all expenses from revenue including interest expenses and operating expenses, but it leaves out the payment of tax.
1099 16902 23749 15405 15227 -24888 8154
Income Taxes
INCOME TAX
INCOME TAX is a tax paid on money made or profit realized from employment, business, or capital.
431 3907 7637 14928 6740 -4159 3964
Income After Taxes
INCOME AFTER TAXES
INCOME AFTER TAXES is the net profit earned by the company after deducting all expenses like interest, depreciation and tax. PAT can be fully retained by a company to be used in the business. Dividends, if declared, are paid to the share holders from this residue.
668 12995 16112 477 8487 -20729 4190
Adjustments to Income
ADJUSTMENTS TO INCOME
ADJUSTMENTS TO INCOME are all tax code allowable increases/(deductions) to income that are not already accounted for.
-65 -358 -642 -1131 -924 423 -165
Nonrecurring Items
NONRECURRING
NONRECURRING is an income statement item that is infrequent in occurrence or unusual in nature.
-232 -1834 -232 -1834 NA NA NA
Net Income
NET INCOME
NET INCOME is the difference between a businesses total revenue and its total expenses. This caption and amount is usually found at the bottom of a companys Profit and Loss statement. Same as Net Profit.
371 10803 15238 -2488 7563 -20306 4025
Cash Flow Statement Qtr. End
12/31/2023
Qtr. End
12/31/2022
Yr. End
12/31/2023
Yr. End
12/31/2022
Yr. End
12/31/2021
Yr. End
12/31/2020
Yr. End
12/31/2019
Total Cash from Operations
TOTAL CASH FROM OPERATIONS
TOTAL CASH FROM OPERATIONS is a firm's net cash inflow resulting directly from its regular operations (disregarding extraordinary items such as the sale of fixed assets or transaction costs associated with issuing securities), calculated as the sum of net income plus noncash expenses that are deducted in calculating net income.
9377 13571 32039 40932 23612 12162 25770
Total Cash from Investing
TOTAL CASH FROM INVESTING
TOTAL CASH FROM INVESTING shows a firms' cash inflows and outflows related to the purchase and sale of investments. Net investment cash flow equals the total cash inflows less the cash outflows from the section and can be a positive or negative number. There can be many types of investments in the investment cash flows section that affect net investment cash flow.
-4395 -6748 -14872 -13713 -5694 -7858 -16974
Total Cash from Financing
CASH FROM FINANCING
CASH FROM FINANCING is the sum of all the individual financing activity cash flow line items.
-2023 -7109 -13359 -28021 -18079 3956 -8817
Net Change in Cash
NET CHANGE IN CASH
NET CHANGE IN CASH is calculated by adding cash from operating, investing, and financing activities and foreign exchange effects from the Statement of Cash Flows.
3104 -109 3835 -1486 -430 8639 4
Capital Expenditures
CAPITAL EXPENDITURE
CAPITAL EXPENDITURE (CAPEX) is the amount used during a particular period to acquire or improve long-term assets such as property, plant or equipment.
4247 3696 14285 12069 10887 12306 15418
Exchange Rate Effects
EXCHANGE RATE EFFECTS
EXCHANGE RATE EFFECTS is the effect on any given currency as the rate of exchange changes providing either a gain or loss in value against other currencies.
145 177 27 -684 -269 379 25
Cash Flow per Share
CASH FLOW PER SHARE
CASH FLOW PER SHARE is a good measure of a firm's financial strength. Analysts put more weight on cash flow per share than earnings per share because EPS is more easily manipulated, its reliability can at times be questionable. Cash is almost impossible to falsify, i.e. you either have cash or you don't. Cash flow per share is a useful measure for the strength of a firm and the sustainability of its business model. The formula:
1.08 -0.04 1.3 -0.47 -0.13 2.56 0
Free Cash Flow
FREE CASH FLOW
FREE CASH FLOW is net income plus non-cash charges to income, specifically depreciation and amortization less capital expenditures, to sustain the basic business. Free cash flow per share is a measure of the amount of cash per share a business generates after expenditures for equipment or buildings. Free cash flow is available to be used for expansion, dividends, reduction in debt, or other purposes. Free cash flow is valued more than just about any other measure, including earnings (EPS). Cash assists companies to expand, develop new products, stock buy back, pay dividends, or reduce debt. Many analysts focus on free cash flow for insight into the core of a company's cash-generating engine.
1.36 2.85 4.38 7.74 2.49 -1.92 1
Balance Sheet - Assets Qtr. End
12/31/2023
Qtr. End
12/31/2022
Yr. End
12/31/2023
Yr. End
12/31/2022
Yr. End
12/31/2021
Yr. End
12/31/2020
Yr. End
12/31/2019
Cash
CASH
CASH is money, in the form of notes and coins, which constitutes payment for goods at the time of purchase.
33030 29195 27748 23329 25941 29194 20796
Short-Term Investments
SHORT TERM INVESTMENTS
SHORT TERM INVESTMENTS are fixed income investments that mature in less than one year.
843 578 843 578 280 333 169
Accounts Receivable
ACCOUNTS RECEIVABLE
ACCOUNTS RECEIVABLE is a current asset representing money due for services performed or merchandise sold on credit.
32200 34946 32200 34946 28036 19078 26063
Inventory
INVENTORY
INVENTORY for companies: includes raw materials, items available for sale or in the process of being made ready for sale (work in process) for securities: it is securities bought and held by a broker or dealer for resale. A firm that has a sustainable competitive advantage has an inventory and net earnings are rising on a corresponding basis. Inventories that spike up/down are indicative of competitive industries prone to boom/bust.
22819 28081 22819 28081 23711 16873 20880
Other Current Assets
OTHER CURRENT ASSETS
OTHER CURRENT ASSETS relates to any other current assets. Does not include prepaid items.
15254 14888 20536 20754 14622 7504 14151
Total Current Assets
CURRENT ASSETS
CURRENT ASSETS are those assets of a company that are reasonably expected to be realized in cash, or sold, or consumed during the normal operating cycle of the business (usually one year). Such assets include cash, accounts receivable and money due usually within one year, short-term investments, US government bonds, inventories, and prepaid expenses.
104146 107688 104146 107688 92590 72982 82059
Net Property, Plant, Equip.
NET PROPERTY, PLANT, and EQUIPMENT
NET PROPERTY, PLANT, and EQUIPMENT is the book value of all buildings, land, furniture, and other physical capital assets that a business has purchased to run its business net of accumulated depreciation.  
104719 106044 104719 106044 112902 114836 132642
Long-Term Investments
LONG-TERM INVESTMENTS
LONG-TERM INVESTMENTS represents the investments a company intends to hold for over a one year period. For example: real estate, cash, stocks and bonds..
26147 25634 26147 25634 37142 35274 34378
Goodwill/Intangibles
GOODWILL / INTANGIBLES
GOODWILL / INTANGIBLES is the total value of all intangible assets, e.g. goodwill, patents, copyrights, etc.
22463 22160 22463 22160 18824 18573 27407
Other Long-Term Assets
OTHER LONG-TERM ASSETS
OTHER LONG-TERM ASSETS includes long-term assets not included into the investments, fixed, or intangible assets categories. Those other assets may be that part of prepaid expenses that will start expiring more than a year after the balance sheet date, or the cash surrender value of life insurance on company officers, etc.
22819 26594 22819 26594 25814 25989 18708
Total Assets
TOTAL ASSETS
TOTAL ASSETS is the total of all assets; both current and fixed.
280294 288120 280294 288120 287272 267654 295194
Balance Sheet - Liabilities Qtr. End
12/31/2023
Qtr. End
12/31/2022
Yr. End
12/31/2023
Yr. End
12/31/2022
Yr. End
12/31/2021
Yr. End
12/31/2020
Yr. End
12/31/2019
Accounts Payable
ACCOUNTS PAYABLE
ACCOUNTS PAYABLE (AP) are trade accounts of businesses representing obligations to pay for goods and service received.
61155 63984 45440 49870 39492 24521 32404
Short-Term Debt
SHORT TERM DEBT
SHORT TERM DEBT is any debt owed by a company that is due and payable within one year. The debt is often made up of short-term bank loans the company is liable for.
5934 5300 5934 5300 7304 11292 12554
Other Current Liab.
OTHER CURRENT LIABILITIES
OTHER CURRENT LIABILITIES includes any other current liabilities, including bank overdrafts and accrued expenses.
18989 29734 34704 43848 33491 23986 28637
Total Current Liab.
CURRENT LIABILITIES
CURRENT LIABILITIES are liabilities to be paid within one year of the balance sheet date.
86078 99018 86078 99018 80287 59799 73595
Long-Term Debt
LONG TERM DEBT
LONG TERM DEBT is all senior debt, including bonds, debentures, bank debt, mortgages, deferred portions of long term debt, and capital lease obligations. If a firm shows little to no long term debt over the years and/or their earning power could allow them to pay off their long term debt within 3-4 years, it is a good indicator of a sustainable competitive advantage.
57141 50193 57141 50193 62483 70634 64892
Other Long-Term Liab.
OTHER LONG-TERM LIABILITIES
OTHER LONG-TERM LIABILITIES are any other non-current liabilities, including subordinated debt, and liability reserves.
51582 55919 51582 55919 54063 51653 55999
Total Liabilites
TOTAL LIABILITIES
TOTAL LIABILITIES is all the obligations of the company, i.e. includes Total Current Liabilities, Long Term Debt, and any other miscellaneous liabilities the entity may have listed separately.
210011 220567 220567 220567 211809 196404 196782
Preferred Stock
PREFERRED STOCK
PREFERRED STOCK, usually, non-voting capital stock that pays dividends at a specified rate and has preference over common stock in the payment of dividends and the liquidation of assets. A firm with a distinct sustainable competitive advantage is one that does not have preferred stock.
0 0 21 21 21 21 21
Common Stock Equity
SHAREHOLDERS EQUITY
SHAREHOLDERS EQUITY is total assets minus total liabilities. It is the same as EQUITY, NET WORTH and stockholders equity.
70283 67553 70262 67532 75442 71229 98391
Total Liabilities and Equity
TOTAL LIABILITIES AND EQUITY
TOTAL LIABILITIES AND EQUITY is all claims on the company's total assets, by outsiders (liabilities) and the company owners/shareholders (equity).
280294 288120 280294 288120 287272 267654 295194

N/A: Data unavailable in order to calculate ratio
Z: Data equals zero in ratio denominator