BP 2015 Annual Report Download - page 170

37. Condensed consolidating information on certain US subsidiaries – continued
Balance sheet
$ million
At 31 December 2015
Issuer Guarantor
BP
Exploration
(Alaska) Inc. BP p.l.c.
Other
subsidiaries
Eliminations and
reclassifications BP group
Non-current assets
Property, plant and equipment 8,306 – 121,452 – 129,758
Goodwill – – 11,627 – 11,627
Intangible assets 539 – 18,121 – 18,660
Investments in joint ventures – – 8,412 – 8,412
Investments in associates – 2 9,420 – 9,422
Other investments – – 1,002 – 1,002
Subsidiaries – equity-accounted basis – 128,234 – (128,234) –
Fixed assets 8,845 128,236 170,034 (128,234) 178,881
Loans 3 – 7,245 (6,719) 529
Trade and other receivables – – 2,216 – 2,216
Derivative financial instruments – – 4,409 – 4,409
Prepayments 4 – 999 – 1,003
Deferred tax assets – – 1,545 – 1,545
Defined benefit pension plan surpluses – 2,516 131 – 2,647
8,852 130,752 186,579 (134,953) 191,230
Current assets
Loans – – 272 – 272
Inventories 246 – 13,896 – 14,142
Trade and other receivables 9,718 1,062 22,393 (10,850) 22,323
Derivative financial instruments – – 4,242 – 4,242
Prepayments 7 – 1,831 – 1,838
Current tax receivable – – 599 – 599
Other investments – – 219 – 219
Cash and cash equivalents – – 26,389 – 26,389
9,971 1,062 69,841 (10,850) 70,024
Assets classified as held for sale – – 578 – 578
9,971 1,062 70,419 (10,850) 70,602
Total assets 18,823 131,814 256,998 (145,803) 261,832
Current liabilities
Trade and other payables 961 127 41,711 (10,850) 31,949
Derivative financial instruments – – 3,239 – 3,239
Accruals 116 81 6,064 – 6,261
Finance debt – – 6,944 – 6,944
Current tax payable (21) 4 1,097 – 1,080
Provisions 1 – 5,153 – 5,154
1,057 212 64,208 (10,850) 54,627
Liabilities directly associated with assets classified as held for sale – – 97 – 97
1,057 212 64,305 (10,850) 54,724
Non-current liabilities
Other payables 8 6,708 2,913 (6,719) 2,910
Derivative financial instruments – – 4,283 – 4,283
Accruals – 33 857 – 890
Finance debt – – 46,224 – 46,224
Deferred tax liabilities 1,238 877 7,484 – 9,599
Provisions 2,326 – 33,634 – 35,960
Defined benefit pension plan and other post-retirement benefit plan
deficits – 227 8,628 – 8,855
3,572 7,845 104,023 (6,719) 108,721
Total liabilities 4,629 8,057 168,328 (17,569) 163,445
Net assets 14,194 123,757 88,670 (128,234) 98,387
Equity
BP shareholders’ equity 14,194 123,757 87,499 (128,234) 97,216
Non-controlling interests – – 1,171 – 1,171
14,194 123,757 88,670 (128,234) 98,387
166 BP Annual Report and Form 20-F 2015