BP 2013 Annual Report Download - page 202

39. Condensed consolidating information on certain US subsidiaries – continued
Balance sheet continued
$ million
At 31 December 2012
Issuer Guarantor
BP
Exploration
(Alaska) Inc. BP p.l.c.
Other
subsidiaries
Eliminations and
reclassifications BP group
Non-current assets
Property, plant and equipment 8,343 – 116,988 – 125,331
Goodwill – – 12,190 – 12,190
Intangible assets 379 – 24,253 – 24,632
Investments in joint ventures – – 8,614 – 8,614
Investments in associates – 2 2,996 – 2,998
Other investments – – 2,704 – 2,704
Subsidiaries – equity-accounted basis – 136,553 – (136,553) –
Fixed assets 8,722 136,555 167,745 (136,553) 176,469
Loans – – 4,924 (4,282) 642
Trade and other receivables – – 5,961 – 5,961
Derivative financial instruments – – 4,294 – 4,294
Prepayments 34 – 796 – 830
Deferred tax assets – – 874 – 874
Defined benefit pension plan surpluses – – 12 – 12
8,756 136,555 184,606 (140,835) 189,082
Current assets
Loans – – 247 – 247
Inventories 174 – 28,029 – 28,203
Trade and other receivables 11,835 17,496 43,008 (34,728) 37,611
Derivative financial instruments – – 4,507 – 4,507
Prepayments 15 – 1,076 – 1,091
Current tax receivable – – 456 – 456
Other investments – – 319 – 319
Cash and cash equivalents – 9 19,626 – 19,635
12,024 17,505 97,268 (34,728) 92,069
Assets classified as held for sale – – 19,315 – 19,315
12,024 17,505 116,583 (34,728) 111,384
Total assets 20,780 154,060 301,189 (175,563) 300,466
Current liabilities
Trade and other payables 3,914 2,577 74,910 (34,728) 46,673
Derivative financial instruments – – 2,658 – 2,658
Accruals 140 27 6,708 – 6,875
Finance debt – – 10,033 – 10,033
Current tax payable 145 – 2,358 – 2,503
Provisions 1 – 7,586 – 7,587
4,200 2,604 104,253 (34,728) 76,329
Liabilities directly associated with assets classified as held for sale – – 846 – 846
4,200 2,604 105,099 (34,728) 77,175
Non-current liabilities
Other payables 8 4,449 2,117 (4,282) 2,292
Derivative financial instruments – – 2,723 – 2,723
Accruals – 38 453 – 491
Finance debt – – 38,767 – 38,767
Deferred tax liabilities 1,654 – 13,589 – 15,243
Provisions 1,887 – 28,509 – 30,396
Defined benefit pension plan and other post-retirement benefit plan deficits – 1,913 11,714 – 13,627
3,549 6,400 97,872 (4,282) 103,539
Total liabilities 7,749 9,004 202,971 (39,010) 180,714
Net assets 13,031 145,056 98,218 (136,553) 119,752
Equity
BP shareholders’ equity 13,031 145,056 97,012 (136,553) 118,546
Non-controlling interests – – 1,206 – 1,206
13,031 145,056 98,218 (136,553) 119,752
198 BP Annual Report and Form 20-F 2013