BP 2011 Annual Report Download - page 182

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180 BP Annual Report and Form 20-F 2011
Consolidated financial statements of the BP group
Group balance sheet
At 31 December $ million
Note 2011 2010a
Non-current assets
Property, plant and equipment 21 119,214 110,163
Goodwill 22 12,100 8,598
Intangible assets 23 21,102 14,298
Investments in jointly controlled entities 24 15,518 14,927
Investments in associates 25 13,291 13,335
Other investments 27 2,117 1,191
Fixed assets 183,342 162,512
Loans 884 894
Trade and other receivables 29 4,337 6,298
Derivative financial instruments 33 5,038 4,210
Prepayments 1,255 1,432
Deferred tax assets 18 611 528
Defined benefit pension plan surpluses 37 17 2,176
195,484 178,050
Current assets
Loans 244 247
Inventories 28 25,661 26,218
Trade and other receivables 29 43,526 36,549
Derivative financial instruments 33 3,857 4,356
Prepayments 1,286 1,574
Current tax receivable 235 693
Other investments 27 288 1,532
Cash and cash equivalents 30 14,067 18,556
89,164 89,725
Assets classified as held for sale 48,420 4,487
97,584 94,212
Total assets 293,068 272,262
Current liabilities
Trade and other payables 32 52,405 46,329
Derivative financial instruments 33 3,220 3,856
Accruals 5,932 5,612
Finance debt 34 9,044 14,626
Current tax payable 1,941 2,920
Provisions 36 11,238 9,489
83,780 82,832
Liabilities directly associated with assets classified as held for sale 4538 1,047
84,318 83,879
Non-current liabilities
Other payables 32 3,437 14,285
Derivative financial instruments 33 3,773 3,677
Accruals 389 637
Finance debt 34 35,169 30,710
Deferred tax liabilities 18 15,078 10,908
Provisions 36 26,404 22,418
Defined benefit pension plan and other post-retirement benefit plan deficits 37 12,018 9,857
96,268 92,492
Total liabilities 180,586 176,371
Net assets 112,482 95,891
Equity
BP shareholders’ equity 39 111,465 94,987
Minority interest 39 1,017 904
Total equity 39 112,482 95,891
a Adjusted following the termination of the Pan American Energy LLC sale agreement, as described in Note 4.
C-H Svanberg Chairman
R W Dudley Group Chief Executive
6 March 2012
http://www.bp.com/downloads/balancesheet