BP 2014 Annual Report Download - page 102

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Group balance sheet
At 31 December $ million
Note 2014 2013
Non-current assets
Property, plant and equipment 10 130,692 133,690
Goodwill 12 11,868 12,181
Intangible assets 13 20,907 22,039
Investments in joint ventures 14 8,753 9,199
Investments in associates 15 10,403 16,636
Other investments 16 1,228 1,565
Fixed assets 183,851 195,310
Loans 659 763
Trade and other receivables 18 4,787 5,985
Derivative financial instruments 28 4,442 3,509
Prepayments 964 922
Deferred tax assets 7 2,309 985
Defined benefit pension plan surpluses 22 31 1,376
197,043 208,850
Current assets
Loans 333 216
Inventories 17 18,373 29,231
Trade and other receivables 18 31,038 39,831
Derivative financial instruments 28 5,165 2,675
Prepayments 1,424 1,388
Current tax receivable 837 512
Other investments 16 329 467
Cash and cash equivalents 23 29,763 22,520
87,262 96,840
Total assets 284,305 305,690
Current liabilities
Trade and other payables 20 40,118 47,159
Derivative financial instruments 28 3,689 2,322
Accruals 7,102 8,960
Finance debt 24 6,877 7,381
Current tax payable 2,011 1,945
Provisions 21 3,818 5,045
63,615 72,812
Non-current liabilities
Other payables 20 3,587 4,756
Derivative financial instruments 28 3,199 2,225
Accruals 861 547
Finance debt 24 45,977 40,811
Deferred tax liabilities 7 13,893 17,439
Provisions 21 29,080 26,915
Defined benefit pension plan and other post-retirement benefit plan deficits 22 11,451 9,778
108,048 102,471
Total liabilities 171,663 175,283
Net assets 112,642 130,407
Equity
BP shareholders’ equity 30 111,441 129,302
Non-controlling interests 30 1,201 1,105
Total equity 30 112,642 130,407
C-H Svanberg Chairman
R W Dudley Group Chief Executive
3 March 2015
98 BP Annual Report and Form 20-F 2014