BP 2012 Annual Report Download - page 219

22. Goodwill
$ million
2012 2011
Cost
At 1 January 13,703 10,177
Exchange adjustments 160 (26)
Acquisitions 25 3,602
Reclassified as assets held for sale (1,327) (50)
Deletions (95) –
At 31 December 12,466 13,703
Impairment losses
At 1 January (1,603) (1,579)
Impairment losses for the year –(66)
Reclassified as assets held for sale 977 42
Deletions 21 –
At 31 December (605) (1,603)
Net book amount at 31 December 11,861 12,100
Net book amount at 1 January 12,100 8,598
23. Intangible assets
$ million
2012 2011
Exploration
and appraisal
expenditure
Other
intangibles Total
Exploration
and appraisal
expenditure
Other
intangibles Total
Cost
At 1 January 20,670 3,474 24,144 13,476 3,403 16,879
Exchange adjustments –4949 – (21) (21)
Acquisitions (68) 80 12 5,563 176 5,739
Additions 5,205 341 5,546 3,348 352 3,700
Transfers (1,306) – (1,306) (1,013) – (1,013)
Reclassified as assets held for sale (67) (26) (93) – (66) (66)
Deletions (508) (208) (716) (704) (370) (1,074)
At 31 December 23,926 3,710 27,636 20,670 3,474 24,144
Amortization
At 1 January 783 2,259 3,042 350 2,231 2,581
Exchange adjustments –2424 – (11) (11)
Charge for the year 745 316 1,061 1,024 364 1,388
Impairment losses – 126 126 77986
Impairment reversals (42) – (42) –––
Reclassified as assets held for sale – (21) (21) – (46) (46)
Deletions (409) (186) (595) (598) (358) (956)
At 31 December 1,077 2,518 3,595 783 2,259 3,042
Net book amount at 31 December 22,849 1,192 24,041 19,887 1,215 21,102
Net book amount at 1 January 19,887 1,215 21,102 13,126 1,172 14,298
Financial statements 217
BP Annual Report and Form 20-F 2012
Financial statements