BP 2010 Annual Report Download - page 259
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ParentcompanynancialstatementsofBPp.l.c.
Financial statements
3.Fixedassets–investmentscontinued
Themoreimportantsubsidiaryundertakingsofthecompanyat31December2010andthepercentageholdingofordinarysharecapital(tothenearest
wholenumber)aresetoutbelow.Theprincipalcountryofoperationisgenerallyindicatedbythecompany’scountryofincorporationorbyitsname.
Acompletelistofinvestmentsinsubsidiaryundertakings,jointventuresandassociatedundertakingswillbeattachedtothecompany’sannualreturn
madetotheRegistrarofCompanies.
Countryof
Subsidiaryundertakings % incorporation Principalactivities
International
BPGlobalInvestments 100 England&Wales Investmentholding
BPInternational 100 England&Wales Integratedoiloperations
BPHoldingsNorthAmerica 100 England&Wales Investmentholding
BPCorporateHoldings 100 England&Wales Investmentholding
BurmahCastrol 100 Scotland Lubricants
ThecarryingvalueofBPInternationalLtdintheaccountsofthecompanyat31December2010was$59.63billion(2009$30.25billionand2008
$30.25billion).
4.Debtors
$million
2010 2009
Within After Within After
1 year 1 year 1year 1year
Groupundertakings 14,440 38 30,704 1,150
Other 4 – 5 28
14,444 38 30,709 1,178
Thecarryingamountsofdebtorsapproximatetheirfairvalue.
5.Creditors
$million
2010 2009
Within After Within After
1 year 1 year 1year 1year
Groupundertakings 2,343 4,258 2,343 4,236
Accrualsanddeferredincome 23 35 27 74
Dividends 1 – 1 –
Other 18 – 30 18
2,385 4,293 2,401 4,328
Thecarryingamountsofcreditorsapproximatetheirfairvalue.
Thematurityproleofthenancialliabilitiesincludedinthebalancesheetat31Decemberisshowninthetablebelow.Theseamountsareincluded
withinCreditors–amountsfallingdueaftermorethanoneyear,andaredenominatedinUSdollars.
Amountsfallingdueafteroneyearinclude$4,236millionpayabletoagroupundertaking.Thisamountissubjecttointerestpayablequarterlyat
LIBORplus55basispoints.
$million
2010 2009
Duewithin
1to2years 41 33
2to5years 16 51
Morethan5years 4,236 4,244
4,293 4,328
TheparentcompanynancialstatementsofBPp.l.c.onpagesPC1–PC16donotformpartofBP’sAnnualReportonForm20-FasledwiththeSEC.
BPAnnualReportandForm20-F2010 PC7