TheUK supermajor posted an underlying replacement cost profit $13.4 billion lastyear as against $17.1 billion a year earlier. For the fourth quarter the figurewas $2.8 billion compared with $3.9 billion.

Theoil giant said results for both the full year and final period were impacted bya major divestment programme, weaker refining margins, higher depreciation andwrite-downs as the group brought projects online and increased investment inexploration.

Thesewere