| Jun'18 | Jun'17 | |||||
|---|---|---|---|---|---|---|
Operating activities | ||||||
Profit (loss) before taxation | ||||||
4,990 | 928 | |||||
Adjustments to reconcile profit (loss) before taxation to net cash provided by operating activities | ||||||
Depreciation, depletion and amortization and exploration expenditure written off | ||||||
3,892 | 4,546 | |||||
Impairment and (gain) loss on sale of businesses and fixed assets | ||||||
-79 | -146 | |||||
Earnings from equity-accounted entities, less dividends received | ||||||
988 | 103 | |||||
Net charge for interest and other finance expense, less net interest paid | ||||||
191 | 84 | |||||
Share-based payments | ||||||
167 | 156 | |||||
Net operating charge for pensions and other post-retirement benefits, less contributions and benefit payments for unfunded plans | ||||||
-62 | 54 | |||||
Net charge for provisions, less payments | ||||||
80 | 183 | |||||
Movements in inventories and other current and non-current assets and liabilities | ||||||
-570 | 3 | |||||
Income taxes paid | ||||||
1,315 | 815 | |||||
Net cash provided by operating activities | ||||||
6,306 | 4,890 | |||||
Investing activities | ||||||
Expenditure on property, plant and equipment, intangible and other assets | ||||||
3,484 | 4,181 | |||||
Acquisitions, net of cash acquired | ||||||
1 | 123 | |||||
Investment in joint ventures | ||||||
18 | 10 | |||||
Investment in associates | ||||||
322 | 174 | |||||
Total cash capital expenditure | ||||||
3,825 | 4,488 | |||||
Proceeds from disposal of fixed assets | ||||||
105 | 312 | |||||
Proceeds from disposal of businesses, net of cash disposed | ||||||
45 | 140 | |||||
Proceeds from loan repayments | ||||||
24 | 19 | |||||
Net cash used in investing activities | ||||||
-3,651 | -4,017 | |||||
Financing activities | ||||||
Net issue (repurchase) of shares | ||||||
90 | 0 | |||||
Proceeds from long-term financing | ||||||
910 | 1,720 | |||||
Repayments of long-term financing | ||||||
1,726 | 1,463 | |||||
Net increase (decrease) in short-term debt | ||||||
292 | -299 | |||||
Net increase (decrease) in non-controlling interests | ||||||
0 | 51 | |||||
Dividends paid | ||||||
BP shareholders | ||||||
1,727 | 1,546 | |||||
Non-controlling interests | ||||||
57 | 62 | |||||
Net cash provided by (used in) financing activities | ||||||
-2,398 | -1,599 | |||||
Currency translation differences relating to cash and cash equivalents | ||||||
-314 | 202 | |||||
Increase (decrease) in cash and cash equivalents | ||||||
-57 | -524 | |||||