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Consolidated Statement Of Cashflows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from/(used in) operating activities      
Profit after tax for the period $ 1,722 $ 6,575 $ 2,036
Non-cash items      
Depreciation and amortisation 3,960 2,808 1,582
Depreciation of lease assets 179 140 108
Change in fair value of derivative financial instruments 349 960 31
Net finance costs 34 12 203
Tax expense 1,551 2,599 1,254
Exploration and evaluation written off 77 164 265
Impairment losses 1,917   10
Impairment reversals   (900) (1,058)
Restoration movement 147 272 68
Gain on disposal of oil and gas properties (including revaluation gain)   (494)  
Movement in onerous contracts provision   (245) (95)
Other (226) (254) 30
Changes in assets and liabilities      
Decrease/(increase) in trade and other receivables 107 (77) (39)
Increase in inventories (31) (146) (4)
Increase in lease assets     (16)
(Decrease)/increase in provisions (114) 131 (75)
Decrease in lease liabilities   (31) (25)
Increase in other assets and liabilities (736) (961) (128)
(Decrease)/Increase in trade and other payables (135) 184 75
Cash generated from operations 8,801 10,737 4,222
Purchases of shares and payments relating to employee share plans (57) (45) (47)
Interest received 264 108 11
Dividends received 20 19 6
Borrowing costs relating to operating activities (26) (21) (91)
Income tax and PRRT paid (2,916) (1,218) (271)
Payments for restoration (447) (263) (38)
Receipts/(payments) for hedge collateral 506 (506)  
Net cash from operating activities 6,145 8,811 3,792
Cash flows from/(used in) investing activities      
Cash received on business combination, including cash acquired   1,082  
Payments for capital and exploration expenditure (5,291) (3,136) (2,406)
Borrowing costs relating to investing activities (311) (287) (126)
Advances to other external entities   (48) (206)
Proceeds from disposal of non-current assets 19 132 9
Funding of equity accounted investments (2) (8)  
Payments for acquisition of joint arrangements     (212)
Net cash used in investing activities (5,585) (2,265) (2,941)
Cash flows from/(used in) financing activities      
Repayment of borrowings (284) (283) (784)
Borrowing costs relating to financing activities (4) (18) (15)
Repayment of the principal portion of lease liabilities (340) (248) (155)
Borrowing costs relating to lease liabilities (21) (10) (89)
Purchases of shares and payments relating to Dividend Reinvestment Plan   (144)  
Contributions to non-controlling interests (98) (98) (92)
Dividends paid (net of Dividend Reinvestment Plan) (4,253) (2,558) (289)
Net payments from share issuance   (5)  
Net cash used in financing activities (5,000) (3,364) (1,424)
Net (decrease)/increase in cash held (4,440) 3,182 (573)
Cash and cash equivalents at the beginning of the period 6,201 3,025 3,604
Effects of exchange rate changes (21) (6) (6)
Cash and cash equivalents at the end of the period $ 1,740 $ 6,201 $ 3,025