BP 2010 Annual Report Download - page 193
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Notesonnancialstatements
Financial statements
30.Tradeandotherreceivables
$million
2010 2009
Current Non-current Current Non-current
Financialassets
Tradereceivables 24,255 – 22,604 –
Amountsreceivablefromjointlycontrolledentities 751 601 1,317 11
Amountsreceivablefromassociates 448 220 417 298
Otherreceivables 4,763 1,342 4,949 1,420
30,217 2,163 29,287 1,729
Non-nancialassets
GulfofMexicooilspilltrustfundreimbursementasseta5,943 3,601 – –
Otherreceivables 389 534 244 –
6,332 4,135 244 –
36,549 6,298 29,531 1,729
a
See
Note2forfurtherinformation.
Tradeandotherreceivablesarepredominantlynon-interestbearing.SeeNote27forfurtherinformation.
Receivableswithacarryingvalueof$18million(2009nil)havebeenpledgedassecurityforcertainofthegroup’sliabilities.
31.Cashandcashequivalents
$million
2010 2009
Cashatbankandinhand 8,209 3,359
Termbankdeposits 5,253 3,211
Othercashequivalents 5,094 1,769
18,556 8,339
Cashandcashequivalentscomprisecashinhand;currentbalanceswithbanksandsimilarinstitutions;termdepositsofthreemonthsorlesswithbanks
andsimilarinstitutions;andshort-termhighlyliquidinvestmentsthatarereadilyconvertibletoknownamountsofcash,aresubjecttoinsignicantriskof
changesinvalueandhaveamaturityofthreemonthsorlessfromthedateofacquisition.Thecarryingamountsofcashatbankandinhandandtermbank
depositsapproximatetheirfairvalues.Substantiallyalloftheothercashequivalentsarecategorizedwithinlevel1ofthefairvaluehierarchy.
Cashandcashequivalentsat31December2010includes$1,089million(2009$1,095million)thatisrestricted.Thisrelatesprincipallytoamounts
requiredtocoverinitialmarginsontradingexchanges.
SeeNote27forfurtherinformation.
32.Valuationandqualifyingaccounts
$million
2010 2009 2008
Doubtful Fixed assets – Doubtful Fixedassets– Doubtful Fixedassets–
debts investments debts investments debts investments
At1January 430 349 391 935 406 146
Chargedtocostsandexpenses 150 376 157 66 191 647
Chargedtootheraccountsa (9) (3) 12 6 (32) 143
Deductions (143) (182) (130) (658) (174) (1)
At31December 428 540 430 349 391 935
aPrincipallycurrencytransactions.
Valuationandqualifyingaccountsaredeductedinthebalancesheetfromtheassetstowhichtheyapply.
BPAnnualReportandForm20-F2010 191