BP 2008 Annual Report Download - page 198

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Financial statements
9
7
BP Annual Report and Accounts 2008
Parent company financial statements of BP p.l.c.
3. Fixed assets – investments
$ million
Subsidiary Associated
undertakings undertakings
Shares Shares Loans Total
Cost
At 1 January 2008 89,036 2 2 89,040
Additions 9–
At 31 December 2008 89,045 2 2 89,049
Amounts provided
At 1 January 2008 74 2 76
At 31 December 2008 74 2 76
Cost
At 1 January 2007 89,037 2 2 89,041
Additions 7–
Deletions (8) – (8)
At 31 December 2007 89,036 2 2 89,040
Amounts provided
At 1 January 2007 74 2 76
At 31 December 2007 74 2 76
Net book amount
At 31 December 2008 88,971 2 – 88,973
At 31 December 2007 88,962 2 – 88,964
The more important subsidiary undertakings of the company at 31 December 2008 and the percentage holding of ordinary share capital (to the
nearest whole number) are set out below. The principal country of operation is generally indicated by the company’s country of incorporation or by its
name. A complete list of investments in subsidiary undertakings, joint ventures and associated undertakings will be attached to the company’s annual
return made to the Registrar of Companies.
Country of
Subsidiary undertakings % incorporation Principal activities
International
BP Global Investments 100 England Investment holding
BP International 100 England Integrated oil operations
BP Holdings North America 100 England Investment holding
BP Shipping 100 England Shipping
BP Corporate Holdings 100 England Investment holding
Burmah Castrol 100 Scotland Lubricants
The carrying value of BP International Ltd in the accounts of the company at 31 December 2008 was $30.25 billion (2007 $30.25 billion and 2006
$30.25 billion).
4. Debtors
$ million
2008 2007
Within After Within After
1 year 1 year 1 year 1 year
Group undertakings 6,126 1,146 835 1,153
Other 3 28 5 39
6,129 1,174 840 1,192
The carrying amounts of debtors approximate their fair value.
197