BP 2005 Annual Report Download - page 42

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Group balance sheet
At 31 December $ million
Note 2005 2004 2003
Non-current assets
Property, plant and equipment 26 85,947 93,092 88,607
Goodwill 27 10,371 10,857 10,592
Intangible assets 28 4,772 4,205 4,471
Investments in jointly controlled entities 29 13,556 14,556 12,909
Investments in associates 30 6,217 5,486 4,868
Other investments 967 394 1,452
Fixed assets 121,830 128,590 122,899
Loans 821 811 852
Other receivables 32 770 429 495
Derivative financial instruments 35 3,652 898 534
Prepayments and accrued income 1,269 354 957
Defined benefit pension plan surplus 42 3,282 2,105 1,680
131,624 133,187 127,417
Current assets
Loans 132 193 182
Inventories 31 19,760 15,645 11,597
Trade and other receivables 32 40,902 37,099 27,881
Derivative financial instruments 35 9,726 5,317 1,891
Prepayments and accrued income 1,598 1,671 1,375
Current tax receivable 212 159 92
Cash and cash equivalents 33 2,960 1,359 2,056
75,290 61,443 45,074
Total assets 206,914 194,630 172,491
Current liabilities
Trade and other payables 34 42,136 38,540 29,740
Derivative financial instruments 35 9,083 5,074 4,145
Accruals and deferred income 5,970 4,482 2,266
Finance debt 39 8,932 10,184 9,456
Current tax payable 4,274 4,131 3,441
Provisions 41 1,102 715 735
71,497 63,126 49,783
Non-current liabilities
Other payables 34 1,935 3,581 4,630
Derivative financial instruments 35 3,696 158 344
Accruals and deferred income 3,164 699 864
Finance debt 39 10,230 12,907 12,869
Deferred tax liabilities 22 16,443 16,701 16,051
Provisions 41 9,954 8,884 7,864
Defined benefit pension plan and other post-retirement benefit plan deficits 42 9,230 10,339 9,822
54,652 53,269 52,444
Total liabilities 126,149 116,395 102,227
Net assets 80,765 78,235 70,264
Equity
Share capital 43 5,185 5,403 5,552
Reserves 74,791 71,489 63,587
BP shareholders’ equity 44 79,976 76,892 69,139
Minority interest 44 789 1,343 1,125
Total equity 44 80,765 78,235 70,264
Peter Sutherland, Chairman
The Lord Browne of Madingley, Group Chief Executive
40 Making energy more