BP 2012 Annual Report Download - page 295

4. Debtors
$ million
2012 2011
Within
1 year
After
1 year
Within
1year
After
1year
Group undertakings 17,496 – 17,695 38
Other –– 3–
17,496 – 17,698 38
The carrying amounts of debtors approximate their fair value.
5. Creditors
$ million
2012 2011
Within
1 year
After
1 year
Within
1year
After
1year
Group undertakings 2,376 4,274 2,334 4,264
Accruals and deferred income 27 38 28 35
Other creditors 201 175 56 –
2,604 4,487 2,418 4,299
The carrying amounts of creditors approximate their fair value.
The maturity profile of the financial liabilities included in the balance sheet at 31 December is shown in the table below. These amounts are included
within Creditors – amounts falling due after more than one year, and are denominated in US dollars.
Amounts falling due after one year include $4,236 million payable to a group undertaking. This amount is subject to interest payable quarterly at LIBOR
plus 55 basis points.
Other creditors includes an amount of $350 million payable in respect of the settlement with the US Securities and Exchange Commission described in
Note 2 of the consolidated financial statements.
$ million
2012 2011
Due within
1 to 2 years 230 49
2 to 5 years 17 14
More than 5 years 4,240 4,236
4,487 4,299
Parent company financial statements of BP p.l.c. PC6
BP Annual Report and Form 20-F 2012
Financial statements
The parent company financial statements of BP p.l.c. on pages PC1–PC11 do not form part of BP’s Annual Report on Form 20-F as filed with the SEC.