MMM7320

SEMESTER I 2014/15 TUTORICL 1 week commencing Mondcy

!"
Oc!o#e$ 2014
%&ec'e en'($e yo( #$ing yo($ co)y o* !"e Cnn(c& Re)o$! !o !"e !(!o$ic&
For this tutoricl you will need to use the Cnnucl Report cnd Form 20-F 2013 for BP. In cddition to the
hcrd copy you ccn clso cccess the cccounts on-line ct the web pce below.
http!""www.bp.com"content"dcm"bp"pdf"in#estors"BP$Cnnucl$Report$cnd$Form$20F$2013.pdf
Plecse re#iew cs you will be e%pected to tcl& cbout the report not 'ust cnswer the specific (uestions
below ie )hct did you thin& of it* )cs it interestin* )hct else did you lecrn cbout BP plc* +owe#er
I do ,-. e%pect you to recd co#er to co#er so plecse do not pcnic//.
If you ccnnot cnswer c specific (uestion do not i#e up0 'ust mo#e on to the ne%t one.
i. )hct type of informction does the compcny pro#ide in the cnnucl report*

ii. Recd pces 2 - 110 cny comments thouhts. In pcrticulcr loo& ct BP2s 3ey Performcnce
Indicctors 43PI2s5 - )hct crecs do the 3PI2s co#er*
iii. Identify cnd list the fi#e principcl fincncicl stctements for 2013.

i#. 6oo& ct the 7roup bclcnce sheet of 20130 whct cre the 1 mcin section hecdins0 whct do you
thin& they mecn* )hich 2 numbers cre the scme cnd whct were they for yecr endin 31
8ecember 2013 cnd 2012*

#. From the numbers thct you found in pcrt i# cbo#e0 loo& ct the crec in bold of the 7roup
stctement of chcnes in e(uity. )hct do you notice* 9%plcin why the fiures chcned.

#i. .here cre 2 sets of fincncicl stctements presented!-
- Consolidcted fincncicl stctements of the BP 7roup 4pce 111 onwcrds5
- Pcrent compcny fincncicl stctements of BP plc 4pce 22: onwcrds5.
Ccn you thin& why this would be the ccse* 4+int loo& ct cnd compcre the cclled up shcre ccpitcl
fiure in the Pcrent Compcny Bclcnce sheet of ;1012< cnd see if you ccn find the shcre ccpitcl
fiure for the BP 7roup refer to ,ote 325
#ii. )hct period of time do the 2013 cccounts co#er*
#iii. Find the Cuditor2s Report for 2013
=. )ho cre the roup2s cuditors*
b. .o whom is the report cddressed to*
c. )hich pcrts of the cnnucl report hc#e been cudited*
d. )hct is their opinion*
e. +ow much were they pcid this yecr cnd lcst yecr* )ere the cuditors used for cnythin
else* 4>ou will need to loo& in the notes relctin to the fincncicl stctements for this
informction5
i%. )hct does IFR? cnd IC? stcnd for*
TUR+ O,ER MORE -UESTIO+S O,ERLEC.
%. )rite down the followin fincncicl fiures for BP for 2013 cnd 2012
=. ?cles cnd other operctin re#enues
b. Profit fiure
c. Increcse"4decrecse5 in ccsh cnd ccsh e(ui#clents @ Include ccsh e(ui#clent fiure ct the
beinnin cnd end of the yecr 4loo& ct the ccsh flow stctement for5
d. 9crnin per shcre for the yecr @ bcsic cnd diluted0 whct is the difference between the two
types*
%i. )ho wcs the hihest pcid 9%ecuti#e 8irector in durin 2013 cnd whct wcs it mcde up of*
%ii. )ho wcs the hihest pcid ,on-9%ecuti#e 8irector durin 2013*