BP 2007 Annual Report Download - page 99

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Group balance sheet
At 31 December $ million
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Note 2007 2006
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Non-current assets
Property, plant and equipment 23 97,989 90,999
Goodwill 24 11,006 10,780
Intangible assets 25 6,652 5,246
Investments in jointly controlled entities 26 18,113 15,074
Investments in associates 27 4,579 5,975
Other investments 29 1,830 1,697
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Fixed assets 140,169 129,771
Loans 999 817
Other receivables 31 968 862
Derivative financial instruments 34 3,741 3,025
Prepayments 1,083 1,034
Defined benefit pension plan surplus 38 8,914 6,753
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155,874 142,262
Current assets
Loans 165 141
Inventories 30 26,554 18,915
Trade and other receivables 31 38,020 38,692
Derivative financial instruments 34 6,321 10,373
Prepayments 3,589 3,006
Current tax receivable 705 544
Cash and cash equivalents 32 3,562 2,590
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78,916 74,261
Assets classified as held for sale 31,286 1,078
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80,202 75,339
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Total assets 236,076 217,601
Current liabilities
Trade and other payables 33 43,152 42,236
Derivative financial instruments 34 6,405 9,424
Accruals 6,640 6,147
Finance debt 35 15,394 12,924
Current tax payable 3,282 2,635
Provisions 37 2,195 1,932
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77,068 75,298
Liabilities directly associated with the assets classified as held for sale 3163 54
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77,231 75,352
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Non-current liabilities
Other payables 33 1,251 1,430
Derivative financial instruments 34 5,002 4,203
Accruals 959 961
Finance debt 35 15,651 11,086
Deferred tax liabilities 20 19,215 18,116
Provisions 37 12,900 11,712
Defined benefit pension plan and other post-retirement benefit plan deficits 38 9,215 9,276
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64,193 56,784
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Total liabilities 141,424 132,136
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Net assets 94,652 85,465
Equity
Share capital 39 5,237 5,385
Reserves 88,453 79,239
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BP shareholders’ equity 40 93,690 84,624
Minority interest 40 962 841
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Total equity 40 94,652 85,465
P D Sutherland Chairman
Dr A B Hayward Group Chief Executive
BP ANNUAL REPORT AND ACCOUNTS 2007 97