BP 2014 Annual Report Download - page 142

22. Pensions and other post-retirement benefits – continued
The fair values of the various categories of assets held by the defined benefit plans at 31 December are presented in the table below, including the
effects of derivative financial instruments. Movements in the fair value of plan assets during the year are shown in detail in the table on page 139.
$ million
UKaUSbEurozone Other Total
Fair value of pension plan assets
At 31 December 2014
Listed equities – developed markets 16,190 3,026 415 420 20,051
– emerging markets 2,719 293 45 47 3,104
Private equity 2,983 1,571 2 26 4,582
Government issued nominal bonds 642 1,535 753 604 3,534
Index-linked bonds 892 – 9 – 901
Corporate bonds 4,687 1,726 541 340 7,294
Property 2,403 7 51 69 2,530
Cash 1,145 134 85 191 1,555
Other 112 63 72 38 285
31,773 8,355 1,973 1,735 43,836
At 31 December 2013
Listed equities – developed markets 17,341 3,260 414 499 21,514
– emerging markets 2,290 308 32 52 2,682
Private equity 2,907 1,432 2 4 4,345
Government issued nominal bonds 549 1,259 717 541 3,066
Index-linked bonds 787 – 12 57 856
Corporate bonds 4,427 1,323 597 385 6,732
Property 2,200 6 57 77 2,340
Cash 855 135 120 158 1,268
Other 160 55 64 49 328
31,516 7,778 2,015 1,822 43,131
At 31 December 2012
Listed equities – developed markets 15,659 3,622 307 537 20,125
– emerging markets 1,074 341 37 52 1,504
Private equity 2,879 1,468 3 4 4,354
Government issued nominal bonds 544 904 532 510 2,490
Index-linked bonds 491 – 9 69 569
Corporate bonds 3,850 1,255 398 368 5,871
Property 1,783 5 54 85 1,927
Cash 1,000 87 170 151 1,408
Other 66 105 200 47 418
27,346 7,787 1,710 1,823 38,666
aBonds held by the UK pension plans are all denominated in sterling. Property held by the UK pension plans is in the United Kingdom.
bBonds held by the US pension plans are denominated in US dollars.
138 BP Annual Report and Form 20-F 2014