BP 2015 Annual Report Download - page 109

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Group balance sheet
At 31 December $ million
Note 2015 2014
Non-current assets
Property, plant and equipment 11 129,758 130,692
Goodwill 13 11,627 11,868
Intangible assets 14 18,660 20,907
Investments in joint ventures 15 8,412 8,753
Investments in associates 16 9,422 10,403
Other investments 17 1,002 1,228
Fixed assets 178,881 183,851
Loans 529 659
Trade and other receivables 19 2,216 4,787
Derivative financial instruments 29 4,409 4,442
Prepayments 1,003 964
Deferred tax assets 8 1,545 2,309
Defined benefit pension plan surpluses 23 2,647 31
191,230 197,043
Current assets
Loans 272 333
Inventories 18 14,142 18,373
Trade and other receivables 19 22,323 31,038
Derivative financial instruments 29 4,242 5,165
Prepayments 1,838 1,424
Current tax receivable 599 837
Other investments 17 219 329
Cash and cash equivalents 24 26,389 29,763
70,024 87,262
Assets classified as held for sale 3 578
70,602 87,262
Total assets 261,832 284,305
Current liabilities
Trade and other payables 21 31,949 40,118
Derivative financial instruments 29 3,239 3,689
Accruals 6,261 7,102
Finance debt 25 6,944 6,877
Current tax payable 1,080 2,011
Provisions 22 5,154 3,818
54,627 63,615
Liabilities directly associated with assets classified as held for sale 3 97
54,724 63,615
Non-current liabilities
Other payables 21 2,910 3,587
Derivative financial instruments 29 4,283 3,199
Accruals 890 861
Finance debt 25 46,224 45,977
Deferred tax liabilities 8 9,599 13,893
Provisions 22 35,960 29,080
Defined benefit pension plan and other post-retirement benefit plan deficits 23 8,855 11,451
108,721 108,048
Total liabilities 163,445 171,663
Net assets 98,387 112,642
Equity
BP shareholders’ equity 31 97,216 111,441
Non-controlling interests 31 1,171 1,201
Total equity 31 98,387 112,642
C-H Svanberg Chairman
R W Dudley Group Chief Executive
4 March 2016
BP Annual Report and Form 20-F 2015 105
Financial statements