{"id":501,"date":"2014-03-24T08:08:05","date_gmt":"2014-03-24T08:08:05","guid":{"rendered":"http:\/\/www.asadkarim.co.uk\/?p=501"},"modified":"2014-03-24T08:08:05","modified_gmt":"2014-03-24T08:08:05","slug":"the-financing-of-bp-plc","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=501","title":{"rendered":"The Financing of BP PLC"},"content":{"rendered":"<p>BP plc, is one of the world&#8217;s largest energy companies and <strong>makes up about 5% of the FTSE-100<\/strong>. To finance the day to day operations, apart from oil sales, it has a debt programme across various currencies and markets to raise cash.<\/p>\n<p>From reading the annual report one can get some very useful information. [<a title=\"BP Annual Report\" href=\"http:\/\/www.bp.com\/en\/global\/corporate\/investors\/annual-reporting.html\" target=\"_blank\">http:\/\/www.bp.com\/en\/global\/corporate\/investors\/annual-reporting.html<\/a>]<\/p>\n<p>It&#8217;s total debt is US$48,192 million = $48 Billion = <strong>\u00a329.2 Billion<\/strong>.<\/p>\n<p>This is split across bond issues that are fixed rate and floating rate.<\/p>\n<p>Fixed Rate = US$17, 016\u00a0Million\u00a0= <strong>\u00a310.31 Billion<\/strong><\/p>\n<p>Billion Floating Rate = US$ 31,176 Million\u00a0= <strong>\u00a318.90 Billion<\/strong><\/p>\n<p><strong>Total Debt: \u00a329.21 Billion<\/strong>.<\/p>\n<p>This debt is spread over multiple bonds, with varying maturities.<\/p>\n<p>But let\u2019s keep things in context, the <strong>total revenue for BP in 2012 was \u00a3240,238 million<\/strong> = <strong>\u00a3240 Billion<\/strong>. Thus <strong>the debt of BP is less than 13% of annual revenue,<\/strong> thus the bond holders of BP, are holding a very safe investment.<\/p>\n<p>BP: Beyond Petroleum.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BP plc, is one of the world&#8217;s largest energy companies and makes up about 5% of the FTSE-100. To finance the day to day operations, apart from oil sales, it has a debt programme across various currencies and markets to raise cash. From reading the annual report one can get some very useful information. [http:\/\/www.bp.com\/en\/global\/corporate\/investors\/annual-reporting.html] [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-501","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=501"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/501\/revisions"}],"predecessor-version":[{"id":502,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/501\/revisions\/502"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}