BP » Topics » Note 9 - TNK-BP financial information

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

Note 9 – TNK-BP financial information

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


 


 
       
Income statement (BP share)   ($ million)  
Profit before interest and tax   1,016   1,084   1,372   1,936  
Interest expense*   (64 ) (45 ) (125 ) (88 )
Taxation   (188 ) (348 ) (291 ) (698 )
Minority interest   (78 ) (46 ) (108 ) (87 )
   
 
 
 
 
Net income   686   645   848   1,063  
   
 
 
 
 
Excludes unwinding of discount on deferred
   consideration
    8     17  
   
 
 
 
 
Cash flow                  
Dividends received(a)   500     500   771  
   
 
 
 
 


    30 June 
2007
(Unaudited)
  31 December 
2006
 
   


 
Balance Sheet          
           
Investments in jointly controlled entities   8,193   8,353  
   
 
 

(a) Six months ended 30 June 2006 includes $771 million declared in fourth quarter 2005.

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BP p.l.c. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

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