BP 2013 Annual Report Download - page 201

39. Condensed consolidating information on certain US subsidiaries – continued
Balance sheet
$ million
At 31 December 2013
Issuer Guarantor
BP
Exploration
(Alaska) Inc. BP p.l.c.
Other
subsidiaries
Eliminations and
reclassifications BP group
Non-current assets
Property, plant and equipment 8,546 – 125,144 – 133,690
Goodwill – – 12,181 – 12,181
Intangible assets 417 – 21,622 – 22,039
Investments in joint ventures – – 9,199 – 9,199
Investments in associates – 2 16,634 – 16,636
Other investments – – 1,565 – 1,565
Subsidiaries – equity-accounted basis – 142,143 – (142,143) –
Fixed assets 8,963 142,145 186,345 (142,143) 195,310
Loans – – 5,356 (4,593) 763
Trade and other receivables – – 5,985 – 5,985
Derivative financial instruments – – 3,509 – 3,509
Prepayments 22 – 900 – 922
Deferred tax assets – – 985 – 985
Defined benefit pension plan surpluses – 1,020 356 – 1,376
8,985 143,165 203,436 (146,736) 208,850
Current assets
Loans – – 216 – 216
Inventories 152 – 29,079 – 29,231
Trade and other receivables 9,593 21,550 42,363 (33,675) 39,831
Derivative financial instruments – – 2,675 – 2,675
Prepayments 18 – 1,370 – 1,388
Current tax receivable – – 512 – 512
Other investments – – 467 – 467
Cash and cash equivalents – 6 22,514 – 22,520
9,763 21,556 99,196 (33,675) 96,840
Assets classified as held for sale –– – ––
9,763 21,556 99,196 (33,675) 96,840
Total assets 18,748 164,721 302,632 (180,411) 305,690
Current liabilities
Trade and other payables 889 2,727 77,218 (33,675) 47,159
Derivative financial instruments – – 2,322 – 2,322
Accruals 171 1,540 7,249 – 8,960
Finance debt – – 7,381 – 7,381
Current tax payable 166 – 1,779 – 1,945
Provisions 1 – 5,044 – 5,045
1,227 4,267 100,993 (33,675) 72,812
Liabilities directly associated with assets classified as held for sale –– – ––
1,227 4,267 100,993 (33,675) 72,812
Non-current liabilities
Other payables 9 4,584 4,756 (4,593) 4,756
Derivative financial instruments – – 2,225 – 2,225
Accruals – 58 489 – 547
Finance debt – – 40,811 – 40,811
Deferred tax liabilities 1,659 – 15,780 – 17,439
Provisions 1,942 – 24,973 – 26,915
Defined benefit pension plan and other post-retirement benefit plan
deficits – – 9,778 – 9,778
3,610 4,642 98,812 (4,593) 102,471
Total liabilities 4,837 8,909 199,805 (38,268) 175,283
Net assets 13,911 155,812 102,827 (142,143) 130,407
Equity
BP shareholders’ equity 13,911 155,812 101,722 (142,143) 129,302
Non-controlling interests – – 1,105 – 1,105
13,911 155,812 102,827 (142,143) 130,407
Financial statements
BP Annual Report and Form 20-F 2013 197