8/11/2019 Self Study - Tutorial 2 Week Commencing 6 October 2013

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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 (uestionsbelow ie )hct did you thin& of it* )cs it interestin* )hct else did you lecrn cbout BP plc* +owe#erI 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 up '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 - cny comments thouhts. In pcrticulcr loo& ct BPs ey Performcnce

Indicctors 4PIs5 - )hct crecs do the PIs co#er*

iii. Identify cnd list the fi#e principcl fincncicl stctements for 2013.i#. 6oo& ct the 7roup bclcnce sheet of 2013 whct cre the mcin section hecdins whct do you

thin& they mecn* )hich 2 numbers cre the scme cnd whct were they for yecr endin 318ecember 2013 cnd 2012*

#. From the numbers thct you found in pcrt i# cbo#e loo& ct the crec in bold of the 7roupstctement 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 11 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 ccpitclfiure in the Pcrent Compcny Bclcnce sheet of ;12< cnd see if you ccn find the shcre ccpitclfiure for the BP 7roup refer to ,ote 325

#ii. )hct period of time do the 2013 cccounts co#er*

#iii. Find the Cuditors Report for 2013=. )ho cre the roups 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 thisinformction5

i%. )hct does IFR? cnd IC? stcnd for*

TUR+ O,ER MORE -UESTIO+S O,ERLEC.

http://www.bp.com/content/dam/bp/pdf/investors/BP_Annual_Report_and_Form_20F_2013.pdfhttp://www.bp.com/content/dam/bp/pdf/investors/BP_Annual_Report_and_Form_20F_2013.pdf

8/11/2019 Self Study - Tutorial 2 Week Commencing 6 October 2013

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%. )rite down the followin fincncicl fiures for BP for 2013 cnd 2012=. ?cles cnd other operctin re#enuesb. Profit fiurec. 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 for5d. 9crnin per shcre for the yecr @ bcsic cnd diluted 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*