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Condensed group cash flow statement - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Operating activities        
Profit (loss) before taxation $ 4,990 $ 928 $ 8,901 $ 3,043
Adjustments to reconcile profit (loss) before taxation to net cash provided by operating activities        
Depreciation, depletion and amortization and exploration expenditure written off 3,892 4,546 8,249 8,649
Impairment and (gain) loss on sale of businesses and fixed assets (79) (146) (93) 262
Earnings from equity-accounted entities, less dividends received (988) (103) (1,524) (323)
Net charge for interest and other finance expense, less net interest paid 191 84 271 336
Share-based payments 167 156 404 318
Net operating charge for pensions and other post-retirement benefits, less contributions and benefit payments for unfunded plans (62) 54 (264) (19)
Net charge for provisions, less payments 80 183 224 6
Movements in inventories and other current and non-current assets and liabilities (570) 3 (3,968) (3,597)
Income taxes paid (1,315) (815) (2,248) (1,671)
Net cash provided by operating activities 6,306 4,890 9,952 7,004
Investing activities        
Expenditure on property, plant and equipment, intangible and other assets (3,484) (4,181) (7,070) (8,004)
Acquisitions, net of cash acquired (1) (123) (1) (165)
Investment in joint ventures (18) (10) (57) (30)
Investment in associates (322) (174) (660) (357)
Total cash capital expenditure (3,825) (4,488) (7,788) (8,556)
Proceeds from disposal of fixed assets 105 312 190 500
Proceeds from disposal of businesses, net of cash disposed 45 140 127 213
Proceeds from loan repayments 24 19 33 33
Net cash used in investing activities (3,651) (4,017) (7,438) (7,810)
Financing activities        
Net issue (repurchase) of shares (90) 0 (200) 0
Proceeds from long-term financing 910 1,720 1,032 5,433
Repayments of long-term financing (1,726) (1,463) (2,883) (2,380)
Net increase (decrease) in short-term debt 292 (299) (57) 16
Net increase (decrease) in non-controlling interests 0 51 (1) 81
Dividends paid        
BP shareholders (1,727) (1,546) (3,556) (2,850)
Non-controlling interests (57) (62) (70) (77)
Net cash provided by (used in) financing activities (2,398) (1,599) (5,735) 223
Currency translation differences relating to cash and cash equivalents (314) 202 (169) 369
Increase (decrease) in cash and cash equivalents (57) (524) (3,390) (214)
Cash and cash equivalents at beginning of year(a) 22,242 23,794 25,586 23,484
Cash and cash equivalents at end of year $ 22,185 $ 23,270 $ 22,185 $ 23,270