Annual Report and Accounts 2008 bp.com/annualreport 2 Chairman’s letter 4 Group chief executive’s review 6 Our performance 9 Performance review 10 Selected fnancial and operating information 12 Risk factors 14 Forward-looking statements 14 Statements regarding competitive position 15 Information on the company 17 Exploration and Production 31 Refning and Marketing 37 Other businesses and corporate 40 Research and technology 41 Regulation of the group’s business 41 Safety 43 Environment 48 Employees 49 Social and community issues 49 Essential contracts 49 Property, plants and equipment 49 Organizational structure 50 Financial and operating performance 58 Liquidity and capital resources 61 Critical accounting policies 65 Board performance and biographies 66 Directors and senior management 69 BP board performance report 77 Directors’ remuneration report 78 Part 1 Summary 80 Part 2 Executive directors’ remuneration 86 Part 3 Non-executive directors’ remuneration What’s inside? 89 Additional information for shareholders 90 Share ownership 91 Major shareholders and related party transactions 92 Dividends 92 Legal proceedings 93 The offer and listing 95 Memorandum and Articles of Association 96 Exchange controls 96 Taxation 98 Documents on display 99 Purchases of equity securities by the issuer and affliated purchasers 100 Called-up share capital 100 Annual general meeting 100 Administration 101 Financial statements 102 Consolidated fnancial statements of the BP group 108 Notes on fnancial statements 180 Additional information for US reporting 182 Supplementary information on oil and natural gas 191 Parent company fnancial statements of BP p.l.c.
