| | Units | 1998 | 1999 | 2000 | 2001 | 2002 |
|---|
| Replacement cost operating profit (loss) (1) - Total | $m | 6,521 | 8,894 | 17,679 | 16,027 | 10,246 |
|---|
| RCOP - R&M | $m | 2,487 | 1,614 | 3,486 | 3,573 | 872 |
|---|
| Indicator - BP average Global lndicator Refining Margin (2) | $/bbl | 2.1 | 1.24 | 4.22 | 4.06 | 2.11 |
|---|
(1) Replacement cost results are as reported, before exceptional items, stock holding gains and losses and interest expense.
(2) The Global Indicator Refining Margin (GIM) is the average of seven regional indicator margins weighted for BP's crude refining capacity in each region. Each regional indicator margin is based on a single representative crude with product yields characteristic of the typical level of upgrading complexity.
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