BP 2006 Annual Report Download - page 209

BP Annual Report and Accounts 2006 207
Company balance sheet
At 31 December $ million
(As restated)
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Note 2006 2005
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Fixed assets
Investments
Subsidiary undertakings 388,963 89,758
Associated undertakings 322
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total fixed assets 88,965 89,760
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Current assets
Debtors – amounts falling due:
Within one year 43,074 1,215
After more than one year 41,196 1,453
Deferred taxation 2165 436
Cash at bank and in hand –3
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
4,435 3,107
Creditors – amounts falling due within one year 55,216 6,724
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Net current liabilities (781) (3,617)
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total assets less current liabilities 88,184 86,143
Creditors – amounts falling due after more than one year 557 65
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Net assets excluding pension plan surplus 88,127 86,078
Defined benefit pension plan surplus 64,067 2,258
Defined benefit pension plan deficit 6(76) –
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Net assets 92,118 88,336
Represented by
Capital and reserves
Called up share capital 75,385 5,185
Share premium account 89,074 7,371
Capital redemption reserve 8839 749
Merger reserve 826,504 26,493
Other reserves 8516
Shares held by ESOP trusts 8(154) (140)
Treasury shares 8(22,182) (10,598)
Share-based payment reserve 8789 599
Profit and loss account 871,858 58,661
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
92,118 88,336
The financial statements on pages 207-220 were approved by a duly appointed and authorized committee of the board of directors on 23 February 2007
and were signed on its behalf by:
Peter Sutherland Chairman
TheLordBrowneofMadingleyGroup Chief Executive