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BP plc
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Full Year 2014 Results & Investor Update
| Jess Mitchell; Bob Dudley;Brian Gilvary; Lamar McKay; Tufan Erginbilgic | Page 25 of 11 |
November 23, 2024
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"Full Year 2014 Results & Investor Update"
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25 (1) The actual reported number will depend on divestments, OPEC quotas, and entitlement impacts in production-sharing agreements (PSAs) (2) Depreciation, Depletion and Amortisation (DD&A) (3) Effective tax rate on underlying replacement cost profit; guidance based on current portfolio of assets Full year 2014 actual Full year 2015 guidance Production (excluding Rosneft) 2,143mboed Organic capital expenditure $22.9bn ~ $20bn DD&A (2) $15.2bn flatter trend Other businesses and corporate: average underlying quarterly charge $335m ~ $400m Effective tax rate (3) 36% ~ flat, underlying lower (1) 2015 guidance