BP 2007 Annual Report Download - page 144

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142
32 Cash and cash equivalents
$ million
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2007 2006
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cash at bank and in hand 2,996 2,052
Cash equivalents
Listed 329
Unlisted 563 509
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3,562 2,590
Cash and cash equivalents comprise cash in hand; current balances with banks and similar institutions; and short-term highly liquid investments that
are readily convertible to known amounts of cash, are subject to insignificant risk of changes in value and have a maturity of three months or less from
thedateofacquisition.
Cash and cash equivalents at 31 December 2007 includes $1,294 million (2006 $773 million) that is restricted. This relates principally to amounts on
deposit to cover initial margins on trading exchanges.
33 Trade and other payables
$ million
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2007 2006
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Current Non-current Current Non-current
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Financial liabilities
Trade payables 30,735 – 28,319 –
Amounts payable to jointly controlled entities 66 – 119 –
Amounts payable to associates 650 – 273 –
Other payables 8,125 486 8,985 531
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
39,576 486 37,696 531
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-financial liabilities
Production and similar taxes 803 765 852 899
Other payables 2,773 – 3,688 –
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3,576 765 4,540 899
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
43,152 1,251 42,236 1,430
Trade and other payables are predominantly interest free.