BP » Topics » BP p.l.c. AND SUBSIDIARIES GROUP STATEMENT OF RECOGNIZED INCOME AND EXPENSE

This excerpt taken from the BP 6-K filed Aug 9, 2007.

BP p.l.c. AND SUBSIDIARIES
GROUP STATEMENT OF RECOGNIZED INCOME AND EXPENSE

    Three months ended
30 June
(Unaudited)
  Six months ended
30 June
(Unaudited)
 
    2007   2006   2007   2006  
   


 


 
    ($ million)  
Currency translation differences   621   309   795   462  
Exchange gain on translation of foreign operations transferred to gain on sale of businesses and fixed assets
  (128 )   (147 )  
Available–for–sale investments marked to market   6   (44 ) (103 ) 153  
Available–for–sale investments – recycled to the                  
   income statement     (79 )   (425 )
Cash flow hedges marked to market   13   230   41   287  
Cash flow hedges – recycled to the income statement   (21 ) 19   (81 ) 76  
Cash flow hedges – recylced to the balance sheet       (7 )  
Taxation   105   (15 ) 28   46  
   
 
 
 
 
Net income (expense) recognized directly in equity   596   420   526   599  
Profit for the period   7,441   7,658   12,187   13,352  
   
 
 
 
 
Total recognized income and expense for the period   8,037   8,078   12,713   13,951  
   
 
 
 
 
Attributable to:                  
   BP shareholders   7,967   8,001   12,545   13,803  
   Minority interest   70   77   168   148  
   
 
 
 
 
    8,037   8,078   12,713   13,951  
   
 
 
 
 
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