| Download XLS |
NET CAPITAL INVESTMENT |
$ MILLION |
||||||||
|---|---|---|---|---|---|---|---|---|---|
|
2014 |
2013 |
2012 |
2011 |
2010 |
||||
|
|||||||||
Capital expenditure |
|
|
|
|
|
||||
Upstream |
|
|
|
|
|
||||
Europe |
2,337 |
5,569 |
2,479 |
1,731 |
1,892 |
||||
Asia |
4,934 |
6,336 |
3,323 |
4,836 |
4,538 |
||||
Oceania |
4,654 |
5,670 |
5,386 |
3,248 |
1,719 |
||||
Africa |
2,652 |
2,644 |
1,706 |
1,732 |
1,665 |
||||
North America – USA |
7,565 |
8,243 |
10,963 |
5,859 |
8,809 |
||||
North America – Other |
3,285 |
2,941 |
3,343 |
2,877 |
3,397 |
||||
South America |
791 |
3,230 |
730 |
398 |
303 |
||||
Total Upstream |
26,218 |
34,633 |
27,930 |
20,681 |
22,323 |
||||
Downstream |
|
|
|
|
|
||||
Oil products |
3,718 |
4,107 |
3,558 |
4,845 |
3,714 |
||||
Chemicals |
1,802 |
1,195 |
875 |
634 |
809 |
||||
Total Downstream |
5,520 |
5,302 |
4,433 |
5,479 |
4,523 |
||||
Corporate |
116 |
210 |
213 |
141 |
94 |
||||
Total capital expenditure |
31,854 |
40,145 |
32,576 |
26,301 |
26,940 |
||||
Exploration expense |
2,244 |
2,506 |
2,114 |
1,462 |
1,214 |
||||
Leases and other adjustments [A] |
1,815 |
1,852 |
(957) |
1,402 |
358 |
||||
New equity in joint ventures and associates |
523 |
856 |
2,410 |
1,466 |
1,646 |
||||
New loans to joint ventures and associates |
903 |
682 |
618 |
420 |
404 |
||||
Total capital investment |
37,339 |
46,041 |
36,761 |
31,051 |
30,562 |
||||
Proceeds from divestments [B] |
|
|
|
|
|
||||
Upstream |
10,589 |
1,086 |
5,859 |
4,280 |
4,487 |
||||
Downstream |
2,831 |
643 |
1,179 |
3,206 |
2,401 |
||||
Corporate |
20 |
9 |
(80) |
62 |
(6) |
||||
Total |
13,440 |
1,738 |
6,958 |
7,548 |
6,882 |
||||
Total net capital investment * |
23,899 |
44,303 |
29,803 |
23,503 |
23,680 |
||||
* Comprising |
|
|
|
|
|
||||
Upstream** |
20,704 |
39,217 |
25,320 |
19,083 |
21,222 |
||||
Europe |
3,294 |
5,901 |
2,444 |
1,822 |
2,758 |
||||
Asia |
6,572 |
8,321 |
3,466 |
4,875 |
4,706 |
||||
Oceania |
395 |
5,850 |
4,563 |
3,753 |
35 |
||||
Africa |
2,032 |
2,643 |
1,239 |
793 |
998 |
||||
North America – USA |
5,438 |
9,248 |
10,901 |
4,581 |
9,046 |
||||
North America – Other |
2,813 |
3,127 |
1,989 |
3,320 |
3,384 |
||||
South America |
160 |
4,127 |
718 |
(61) |
295 |
||||
Downstream |
3,079 |
4,885 |
4,275 |
4,342 |
2,358 |
||||
Oil products |
1,309 |
3,749 |
3,490 |
3,793 |
1,714 |
||||
Chemicals |
1,770 |
1,136 |
785 |
549 |
644 |
||||
Corporate |
116 |
201 |
208 |
78 |
100 |
||||
Total |
23,899 |
44,303 |
29,803 |
23,503 |
23,680 |
||||
** Of which integrated gas |
2,772 |
10,535 |
4,482 |
4,537 |
2,890 |
||||
| Download XLS |
RECONCILIATION OF NET CAPITAL INVESTMENT TO NET CASH USED IN INVESTING ACTIVITIES |
$ MILLION |
||||
|---|---|---|---|---|---|
|
2014 |
2013 |
2012 |
2011 |
2010 |
Total net capital investment |
23,899 |
44,303 |
29,803 |
23,503 |
23,680 |
Exploration expense, excluding exploration wells written off |
(2,244) |
(2,506) |
(2,114) |
(1,462) |
(1,214) |
Finance leases |
(2,124) |
(1,323) |
(130) |
(228) |
(615) |
Other |
126 |
(328) |
894 |
(1,370) |
121 |
Net cash used in investing activities |
19,657 |
40,146 |
28,453 |
20,443 |
21,972 |
