$BPPFF
BP PLC
CIK:0000313807|SEC Filings
Group cash flow statement - USD ($) $ in Millions |
12 Months Ended | ||||
|---|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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| Operating activities | |||||
| Profit (loss) before taxation | $ 7,746 | $ 6,782 | $ 23,749 | ||
| Adjustments to reconcile profit before taxation to net cash provided by operating activities | |||||
| Exploration expenditure written off | 343 | 767 | 746 | ||
| Depreciation, depletion and amortization | 17,822 | 16,622 | 15,928 | ||
| Impairment and (gain) loss on sale of businesses and fixed assets | 5,050 | 6,317 | 5,488 | ||
| Earnings from joint ventures and associates | (618) | (1,993) | (898) | ||
| Dividends received from joint ventures and associates | 2,111 | 2,023 | 2,092 | ||
| Remeasurement of joint ventures on step-acquisition, classified as operating activities | 0 | (917) | 0 | ||
| Interest receivable | (1,352) | (1,512) | (1,265) | ||
| Interest received | 1,223 | 1,450 | 1,119 | ||
| Finance costs | 5,106 | 4,683 | 3,840 | ||
| Interest paid | (3,538) | (2,811) | (2,950) | ||
| Net finance expense relating to pensions and other post-employment benefits | (210) | (168) | (241) | ||
| Share-based payments | 1,077 | 1,174 | 616 | ||
| Net operating charge for pensions and other post-employment benefits, less contributions and benefit payments for unfunded plans | (152) | (182) | (193) | ||
| Net charge for provisions, less payments | 1,294 | (152) | (2,481) | ||
| (Increase) decrease in inventories | 1,622 | 808 | 5,634 | ||
| (Increase) decrease in other current and non-current assets | (4,286) | 3,355 | 4,620 | ||
| Increase (decrease) in other current and non-current liabilities | (2,156) | (188) | (13,592) | ||
| Income taxes paid | (6,589) | (8,761) | (10,173) | ||
| Cash flows from (used in) operating activities | 24,493 | 27,297 | 32,039 | ||
| Investing activities | |||||
| Expenditure on property, plant and equipment, intangible and other assets | (13,221) | (15,297) | (14,285) | ||
| Acquisitions, net of cash acquired | (935) | 53 | (799) | ||
| Investment in joint ventures | (267) | (850) | (1,039) | ||
| Investment in associates | (110) | (143) | (130) | ||
| Total cash capital expenditure | (14,533) | (16,237) | (16,253) | ||
| Proceeds from disposals of fixed assets | 1,142 | 328 | 133 | ||
| Proceeds from disposals of businesses, net of cash disposed | 1,714 | 2,578 | 1,193 | ||
| Proceeds from loan repayments | 173 | 81 | 55 | ||
| Net cash used in investing activities | (11,504) | (13,250) | (14,872) | ||
| Financing activities | |||||
| Repurchase of shares | (4,486) | (7,127) | (7,918) | ||
| Lease liability payments | (3,091) | (2,833) | (2,560) | ||
| Proceeds from long-term financing | 2,724 | 10,656 | 7,568 | ||
| Repayments of long-term financing | (5,695) | (2,970) | (3,902) | ||
| Net increase (decrease) in short-term debt | (343) | (2,966) | (861) | ||
| Proceeds from issuing other equity instruments | 500 | 4,330 | 175 | ||
| Payments to redeem other equity instruments | (1,200) | (1,288) | 0 | ||
| Payments of other equity instruments | (1,196) | (1,053) | (1,008) | ||
| Payments from changes in ownership interests in subsidiaries that do not result in loss of control | (2) | (21) | (187) | ||
| Receipts relating to transactions involving non-controlling interests (other) | 2,474 | 1,353 | 546 | ||
| Dividends paid | |||||
| bp shareholders | (5,059) | (5,003) | (4,809) | ||
| Non-controlling interests | (506) | (375) | (403) | ||
| Net cash provided by (used in) financing activities | (15,880) | (7,297) | (13,359) | ||
| Currency translation differences relating to cash and cash equivalents | 246 | (511) | 27 | ||
| Increase (decrease) in cash and cash equivalents | (2,645) | 6,239 | 3,835 | ||
| Cash and cash equivalents at beginning of year | 39,204 | 33,030 | 29,195 | ||
| Cash and cash equivalents at end of yeara | 36,556 | 39,204 | $ 33,030 | ||
| Cash and cash equivalents if different from statement of financial position | [1] | $ 36,624 | $ 39,269 | ||
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Group balance sheet - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
||
|---|---|---|---|---|
| Non-current assets | ||||
| Property, plant and equipment | $ 98,633 | $ 100,238 | ||
| Goodwill | 10,300 | 14,888 | ||
| Intangible assets | 8,197 | 9,646 | ||
| Investments in joint ventures | 13,400 | 12,291 | ||
| Investments in associates | 7,325 | 7,741 | ||
| Other investments | 857 | 1,292 | ||
| Fixed assets | 138,712 | 146,096 | ||
| Loans | 1,991 | 1,961 | ||
| Trade and other receivables | 2,376 | 1,815 | ||
| Derivative financial instruments | 20,957 | 16,114 | ||
| Prepayments | 608 | 548 | ||
| Deferred tax assets | 4,325 | 5,403 | ||
| Defined benefit pension plan surpluses | 7,771 | 7,457 | ||
| Non-current assets | 176,740 | 179,394 | ||
| Current assets | ||||
| Loans | 457 | 223 | ||
| Inventories | 22,499 | 23,232 | ||
| Trade and other receivables | 26,014 | 27,127 | ||
| Derivative financial instruments | 5,180 | 5,112 | ||
| Prepayments | 3,422 | 2,594 | ||
| Current tax receivable | 1,153 | 1,096 | ||
| Other investments | 158 | 165 | ||
| Cash and cash equivalents | 36,556 | 39,204 | ||
| Current assets other than non-current assets or disposal groups classified as held for sale or as held for distribution to owners | 95,439 | 98,753 | ||
| Non-current assets or disposal groups classified as held for sale or as held for distribution to owners | 6,347 | 4,081 | ||
| Current assets | 101,786 | 102,834 | ||
| Total assets | 278,526 | 282,228 | ||
| Current liabilities | ||||
| Trade and other payables | 56,843 | 58,411 | ||
| Derivative financial instruments | 4,413 | 4,347 | ||
| Accruals | 5,572 | 6,071 | ||
| Current lease liabilities | 2,832 | 2,660 | ||
| Current finance debt | 3,356 | 4,474 | ||
| Current tax payable | 1,262 | 1,573 | ||
| Provisions | 4,709 | 3,600 | ||
| Current liabilities other than liabilities included in disposal groups classified as held for sale | 78,987 | 81,136 | ||
| Liabilities included in disposal groups classified as held for sale | 1,594 | 1,105 | ||
| Current liabilities | 80,581 | 82,241 | ||
| Non-current liabilities | ||||
| Other payables | 7,975 | 9,409 | ||
| Derivative financial instruments | 19,667 | 18,532 | ||
| Accruals | 1,834 | 1,326 | ||
| Non-current lease liabilities | 11,739 | 9,340 | ||
| Finance debt | 54,602 | 55,073 | ||
| Deferred tax liabilities | 7,642 | 8,428 | ||
| Provisions | 15,670 | 14,688 | ||
| Defined benefit pension plan and other post-employment benefit plan deficits | 4,816 | 4,873 | ||
| Non-current liabilities | 123,945 | 121,669 | ||
| Total liabilities | 204,526 | 203,910 | ||
| Net assets | 74,000 | 78,318 | ||
| Equity | ||||
| bp shareholders’ equity | 53,052 | 59,246 | ||
| Non-controlling interests | 20,948 | 19,072 | ||
| Total equity | [1] | $ 74,000 | $ 78,318 | |
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