BP 2005 Annual Report Download - page 148

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146 Making energy more
Company balance sheet
At 31 December $ million
Note 2005 2004 2003
Fixed assets
Investments
Subsidiary undertakings 3 89,738 87,328 55,908
Associated undertakings 3 2 2 2
Total fixed assets 89,740 87,330 55,910
Current assets
Debtors – amounts falling due
Within one year 4 1,211 791 864
After more than one year 4 1,434 1,451 23,752
Deferred taxation 2 436 362 256
Cash at bank and in hand 3 4 3
3,084 2,608 24,875
Creditors – amounts falling due within one year
Other creditors 5 6,719 7,686 5,308
Net current assets (liabilities) (3,635) (5,078) 19,567
Total assets less current liabilities 86,105 82,252 75,477
Creditors – amounts falling due after more than one year 5 27 60 50
Net assets excluding pension surplus 86,078 82,192 75,427
Defined benefit pension plan surplus 6 2,258 1,465 1,093
Net assets 88,336 83,657 76,520
Represented by
Capital and reserves
Called up share capital 7 5,185 5,403 5,552
Share premium account 8 7,371 5,636 3,957
Capital redemption reserve 8 749 730 523
Merger reserve 8 26,493 26,465 26,380
Other reserves 8 16 44 129
Shares held by ESOP trusts 8 (140) (82) (96)
Treasury shares 8 (10,598) – –
Profit and loss account 8 59,260 45,461 40,075
88,336 83,657 76,520
The accounts on pages 144-157 were approved by a duly appointed and authorized committee of the board of directors on 6 February 2006 and
were signed on its behalf by:
Peter Sutherland, Chairman
The Lord Browne of Madingley, Group Chief Executive