Operating and Financial Highlights

Financial Performance - US$million FY 2009 FY 2008 FY 2007 FY 2006 FY 2005
Turnover (including third-party)1 7,211 8,382 5,885 5,230 5,515
Underlying EBIT 2 4,085 5,485 3,014 2,968 2,395
Average Realised Oil Price (US$/barrel) 66.18 96.27 63.87 61.90 47.16
PRODUCTION AND RESERVES TOTAL
Production – Million boe 3,4 137 129 117 116 119
Production – Thousand boe per day 3 376 354 318 318 326
Proved Oil – Equivalent Reserves 1,381 1,375 1,353 1,362 1,407
  1. FY05 and FY06 have been restated to exclude energy marketing trading revenue from BHP Billiton Petroleum’s results.
  2. BHP Billiton transitioned to IFRS in 2006. The 2005 comparative was restated with Petroleum Resource Rent Tax (in Australia) and Petroleum Revenue Tax (in UK) reclassified as income taxes rather than production taxes in accordance with IAS 12. (PRRT/PRT–2009: US$697m; 2008: US$961m; 2007: US$573m; 2006: US$611m; 2005: US$565m).
  3. LPG and ethane are now reported as Natural Gas Liquids consistent with petroleum industry practice. Prior period amounts have been restated.
  4. Represents attributable production. Production from continuing operations for the 2007 fiscal year was 115.1MMboe.