BP 2015 Annual Report Download - page 171

37. Condensed consolidating information on certain US subsidiaries – continued
Balance sheet continued
$ million
At 31 December 2014
Issuer Guarantor
BP
Exploration
(Alaska) Inc. BP p.l.c.a
Other
subsidiaries
Eliminations and
reclassifications BP group
Non-current assets
Property, plant and equipment 7,787 – 122,905 – 130,692
Goodwill – – 11,868 – 11,868
Intangible assets 473 – 20,434 – 20,907
Investments in joint ventures – – 8,753 – 8,753
Investments in associates – 2 10,401 – 10,403
Other investments – – 1,228 – 1,228
Subsidiaries – equity-accounted basis – 138,863 – (138,863) –
Fixed assets 8,260 138,865 175,589 (138,863) 183,851
Loans 7 – 5,238 (4,586) 659
Trade and other receivables – – 4,787 – 4,787
Derivative financial instruments – – 4,442 – 4,442
Prepayments 10 – 954 – 964
Deferred tax assets – – 2,309 – 2,309
Defined benefit pension plan surpluses – 15 16 – 31
8,277 138,880 193,335 (143,449) 197,043
Current assets
Loans – – 333 – 333
Inventories 338 – 18,035 – 18,373
Trade and other receivables 10,323 7,159 33,463 (19,907) 31,038
Derivative financial instruments – – 5,165 – 5,165
Prepayments 31 – 1,393 – 1,424
Current tax receivable – – 837 – 837
Other investments – – 329 – 329
Cash and cash equivalents – 31 29,732 – 29,763
10,692 7,190 89,287 (19,907) 87,262
Total assets 18,969 146,070 282,622 (163,356) 284,305
Current liabilities
Trade and other payables 905 168 56,644 (17,599) 40,118
Derivative financial instruments – – 3,689 – 3,689
Accruals 134 391 6,577 – 7,102
Finance debt – – 6,877 – 6,877
Current tax payable 328 – 1,683 – 2,011
Provisions 1 – 3,817 – 3,818
1,368 559 79,287 (17,599) 63,615
Non-current liabilities
Other payables 16 6,871 3,594 (6,894) 3,587
Derivative financial instruments – – 3,199 – 3,199
Accruals – 90 771 – 861
Finance debt – – 45,977 – 45,977
Deferred tax liabilities 1,232 – 12,661 – 13,893
Provisions 1,975 – 27,105 – 29,080
Defined benefit pension plan and other post-retirement benefit plan deficits – 599 10,852 – 11,451
3,223 7,560 104,159 (6,894) 108,048
Total liabilities 4,591 8,119 183,446 (24,493) 171,663
Net assets 14,378 137,951 99,176 (138,863) 112,642
Equity
BP shareholders’ equity 14,378 137,951 97,975 (138,863) 111,441
Non-controlling interests – – 1,201 – 1,201
14,378 137,951 99,176 (138,863) 112,642
aFor 2014 BP p.l.c. comparative balances there has been a reclassification from amounts due within one year to amounts due after one year.
Financial statements
BP Annual Report and Form 20-F 2015 167