BP 2013 Annual Report Download - page 128

Group balance sheet
$ million
Note
31 December
2013
31 December
2012a
1 January
2012a
Non-current assets
Property, plant and equipment 14 133,690 125,331 123,431
Goodwill 15 12,181 12,190 12,429
Intangible assets 16 22,039 24,632 21,653
Investments in joint ventures 17 9,199 8,614 8,303
Investments in associates 18 16,636 2,998 13,291
Other investments 20 1,565 2,704 2,635
Fixed assets 195,310 176,469 181,742
Loans 763 642 824
Trade and other receivables 22 5,985 5,961 5,738
Derivative financial instruments 26 3,509 4,294 5,038
Prepayments 922 830 739
Deferred tax assets 11 985 874 611
Defined benefit pension plan surpluses 30 1,376 12 17
208,850 189,082 194,709
Current assets
Loans 216 247 244
Inventories 21 29,231 28,203 26,073
Trade and other receivables 22 39,831 37,611 43,589
Derivative financial instruments 26 2,675 4,507 3,857
Prepayments 1,388 1,091 1,315
Current tax receivable 512 456 235
Other investments 20 467 319 288
Cash and cash equivalents 23 22,520 19,635 14,177
96,840 92,069 89,778
Assets classified as held for sale 4 –19,315 8,420
96,840 111,384 98,198
Total assets 305,690 300,466 292,907
Current liabilities
Trade and other payables 25 47,159 46,673 52,000
Derivative financial instruments 26 2,322 2,658 3,220
Accruals 8,960 6,875 6,016
Finance debt 27 7,381 10,033 9,039
Current tax payable 1,945 2,503 1,943
Provisions 29 5,045 7,587 11,238
72,812 76,329 83,456
Liabilities directly associated with assets classified as held for sale 4 –846 538
72,812 77,175 83,994
Non-current liabilities
Other payables 25 4,756 2,292 3,214
Derivative financial instruments 26 2,225 2,723 3,773
Accruals 547 491 400
Finance debt 27 40,811 38,767 35,169
Deferred tax liabilities 11 17,439 15,243 15,220
Provisions 29 26,915 30,396 26,462
Defined benefit pension plan and other post-retirement benefit plan deficits 30 9,778 13,627 12,090
102,471 103,539 96,328
Total liabilities 175,283 180,714 180,322
Net assets 130,407 119,752 112,585
Equity
BP shareholders’ equity 32 129,302 118,546 111,568
Non-controlling interests 32 1,105 1,206 1,017
Total equity 32 130,407 119,752 112,585
aSee Note 1 for information on the restatement of comparative amounts as a result of the adoption of IFRS 11 ‘Joint Arrangements’ and the amended IAS 19 ‘Employee Benefits’.
C-H Svanberg Chairman
R W Dudley Group Chief Executive
6 March 2014
124 BP Annual Report and Form 20-F 2013