BP » Topics » Balance sheet (concluded)

This excerpt taken from the BP 6-K filed Aug 9, 2007.

Balance sheet (concluded)

  Issuer   Guarantor              
 
 
             
  BP
Exploration
(Alaska) Inc.
  BP p.l.c.   Other
subsidiaries
  Eliminations
and
reclassifications
  BP
Group
 
 
 
 
 
 
 
  ($ million)  
At 31 December 2006                    
Shareholders interest as reported 17,005   110,872   67,050   (110,303 ) 84,624  
Adjustments:                    
Provisions 41   63   25   (66 ) 63  
Oil and natural gas reserve differences   (202 ) (202 ) 202   (202 )
Goodwill and intangible assets   248   248   (248 ) 248  
Derivative financial instruments   202   202   (202 ) 202  
Inventory valuation (81 ) (5 ) (5 ) 86   (5 )
Gain arising on asset exchange 229   229     (229 ) 229  
Impairments   2   2   (2 ) 2  
Equity-accounted investments   (160 ) (160 ) 160   (160 )
Consolidation of variable interest entities   (5 ) (5 ) 5   (5 )
Share-based payments   (254 )     (254 )
Income taxes 182   1,801   1,619   (1,801 ) 1,801  
Other (8 ) (26 ) (18 ) 26   (26 )
 
 
 
 
 
 
BP shareholders’ equity as adjusted to accord with US GAAP
17,368   112,765   68,756   (112,372 ) 86,517  
 
 
 
 
 
 

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BP p.l.c. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

Note 14 – Condensed consolidating information (continued)

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