energy in a responsible way.

Our activities also generate jobs, investment, infrastructure and revenues for governments and local communities. We operate in over 80 countries. Our priorities are to enhance safety and risk management, earn back trust and grow value. We strive to be a safety leader in our industry, a world-class operator, a responsible corporate citizen and a good employer. We are working to build a stronger, safer BP that plays to its distinctive strengths and capabilities: exploration, operations in deep water, the managing of giant fields and gas value chains, and our downstream business. Innovative technology and strong relationships with governments, partners and communities around the world underpin our activities. The key performance indicators (KPIs) for BP are shown on pages 28-29. Some of the financial KPIs are not recognized GAAP measures, but are provided for investors because they are closely tracked by management to evaluate BPs operating performance and to make financial, strategic and operating decisions.

then we search for hydrocarbons beneath the earths surface.

we work to bring them to the surface.

Group
BP p.l.c. is the parent company of the BP group of companies. Our worldwide headquarters is in London. Employees by business segment
3 1 1. Downstream* 51,300 2. Upstream 24,000 3. Other businesses 10,400 and corporate and Gulf Coast Restoration Organization Total 85,700 *Including service station staff.

Upstream
Our Upstream segment manages its exploration, development and production activities through global functions with specialist areas of expertise. Proved reservesb
4 1

22.5 bn

67,900km
new exploration access

replacement cost profit before interest and tax

11.6 bn

20.4 bn

28

5
major project start-ups

countries of operation

profit attributable to BP shareholders

operating cash flow

Liquidsc 1. Subsidiaries 4,477 2. Equity-accounted entities 1,033 Total 5,510 Natural gas 3. Subsidiaries 5,736 4. Equity-accounted entities 439 Total 6,175 Million barrels of oil equivalent. Natural gas is converted to oil equivalent at 5.8 billion cubic feet (bcf) = 1 million barrels. c Liquids comprise crude oil, condensate, natural gas liquids and bitumen.
b

18.7%
gearing (net debt ratio)a
a

19%
reduction in loss of primary containment

Net debt is not a recognized GAAP measure, see Financial statements Note 35.

See KPIs pages 28-29. 4 BP at a glance BP Annual Report and Form 20-F 2012

See Upstream pages 63-71.

All data provided on pages 4 and 5 is as at, or for the year ended, 31 December 2012.

Transporting and trading

oil and gas We move hydrocarbons using pipelines, ships, trucks and trains and capture value across the supply chain.

Manufacturing

fuels and products We refine, process and blend hydrocarbons to make fuels, lubricants and petrochemicals.

Marketing

fuels and products We supply our customers with fuel for transportation, energy for heat and light, lubricants to keep engines moving and the petrochemicals required to make a variety of everyday items.

Fuels

Lubricants

Petrochemicals

International oil and gas markets Biofuels

Downstream
Our Downstream segment operates hydrocarbon value chains covering three main businesses - fuels, lubricants and petrochemicals.
Operating capital employedd
2 3 1

Investing

in renewable energy $

2.8 bn

14.7 million tonnes

of petrochemicals produced in the year of our lubricants sales were premium grades

replacement cost profit before interest and tax

We develop and invest in biofuels and wind. BPs lower-carbon businesses and investments in future options are operated through our Alternative Energy business.

2.4 million barrels 39%

of oil refined per day
1. Fuels 2. Lubricants 3. Petrochemicals $42.7bn $1.9bn $5.3bn

7.2 million tonnes

biofuels - total sugar cane crush capacity per annum

1,558MW
d

net wind generation capacity

Operating capital employed is total assets (excluding goodwill) less total liabilities, excluding finance debt and current and deferred taxation.

Excludes 32MW of capacity in the Netherlands, which is managed by our Downstream segment.

See Downstream pages 72-79.

See Alternative Energy pages 82-83. BP at a glance 5 BP Annual Report and Form 20-F 2012