Exxon 2007 Annual Report Download - page 41

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SUM M A RY B A L A N C E SH E E T AT Y E A R E N D
(millions of dollars)
2007
2006
Assets
Current assets
Cash and cash equivalents 33,981
28,244
Cash and cash equivalents – restricted –
4,604
Marketable securities 519
–
Notes and accounts receivable,
less estimated doubtful amounts 36,450
28,942
Inventories
Crude oil, products and merchandise 8,863
8,979
Materials and supplies 2,226
1,735
Prepaid taxes and expenses 3,924
3,273
Total current assets 85,963
75,777
Investments, advances, and long-term receivables 28,194
23,237
Property, plant and equipment, at cost,
less accumulated depreciation and depletion 120,869
113,687
Other assets, including intangibles – net 7,056
6,314
Total assets 242,082
219,015
Liabilities
Current liabilities
Notes and loans payable 2,383
1,702
Accounts payable and accrued liabilities 45,275
39,082
Income taxes payable 10,654
8,033
Total current liabilities 58,312
48,817
Long-term debt 7,183
6,645
Postretirement benefits reserves 13,278
13,931
Deferred income tax liabilities 22,899
20,851
Other long-term obligations 14,366
11,123
Equity of minority and preferred
shareholders in affiliated companies 4,282
3,804
Total liabilities 120,320
105,171
Commitments and contingencies(1)
Shareholders’ Equity
Common stock without par value 4,933
4,786
Earnings reinvested 228,518
195,207
Accumulated other comprehensive income
Cumulative foreign exchange translation adjustment 7,972
3,733
Postretirement benefits reserves adjustment (5,983)
(6,495)
Common stock held in treasury (113,678)
(83,387)
Total shareholders’ equity 121,762
113,844
Total liabilities and shareholders’ equity 242,082
219,015
(1) For more information, please refer to Appendix A, Note 15 of ExxonMobil’s 2008 Proxy Statement.
The information in the Summary Statement of Income (for 2005 to 2007), the Summary Balance Sheet (for 2006 and 2007), and the Summary Statement of Cash Flows (for
2005 to 2007), shown on pages 38 through 40, corresponds to the information in the Consolidated Statement of Income, Consolidated Balance Sheet, and the Consolidated
Statement of Cash Flows in the financial statements of ExxonMobil’s 2008 Proxy Statement. For complete consolidated financial statements, including notes, please refer to
Appendix A of ExxonMobil’s 2008 Proxy Statement. See also Management’s Discussion and Analysis of Financial Condition and Results of Operations and other information
in Appendix A of the 2008 Proxy Statement.
E X X O N M O B I L C O R P O R A T I O N • 2 0 0 7 S U M M A R Y A N N U A L R E P O R T 39