BP 2006 Annual Report Download - page 137

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BP Annual Report and Accounts 2006 135
27 Goodwill
$ million
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2006 2005
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cost
At 1 January 10,371 11,182
Exchange adjustments 524 (488)
Acquisitions 64 86
Reclassified as assets held for sale (60)
Deletions (119) (409)
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
At 31 December 10,780 10,371
Impairment losses
At 1 January 325
Impairment in the year 59
Deletions (384)
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
At 31 December
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Net book amount at 31 December 10,780 10,371
28 Intangible assets
$ million
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2006 2005
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Exploration
expenditure
Other
intangibles Total
Exploration
expenditure
Other
intangibles Total
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Cost
At 1 January 4,661 1,740 6,401 4,311 1,377 5,688
Exchange adjustments 25052(66) (44) (110)
Acquisitions – 187 187 –––
Additions 1,537 378 1,915 950 531 1,481
Transfersa(698) (698) (325) – (325)
Deletions (912) (227) (1,139) (209) (124) (333)
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
At 31 December 4,590 2,128 6,718 4,661 1,740 6,401
Amortization
At 1 January 653 976 1,629 550 933 1,483
Exchange adjustments –2020 (8) (32) (40)
Charge for the year 624 217 841 305 161 466
Transfers (2) (2) (6) – (6)
Impairment losses 109 – 109 –––
Deletions (904) (221) (1,125) (188) (86) (274)
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
At 31 December 480 992 1,472 653 976 1,629
Net book amount at 31 December 4,110 1,136 5,246 4,008 764 4,772
aIncluded in transfers of exploration expenditure is $240 million transferred to equity-accounted investments.