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BP » Topics » 29 Other investments

This excerpt taken from the BP 20-F filed Mar 4, 2008.

29 Other investments

      $ million  
  2007   2006  
Listed 1,617   1,516  
Unlisted 213   181  
  1,830   1,697  

Other investments comprise equity investments that have no fixed maturity date or coupon rate. These investments are classified as available-for-sale financial assets and as such are recorded at fair value with the gain or loss arising as a result of changes in fair value recorded directly in equity.
     The fair value of listed investments has been determined by reference to quoted market bid prices. Unlisted investments are stated at cost less accumulated impairment losses.
     The most significant investment is the group’s stake in Rosneft which had a fair value of $1,285 million at 31 December 2007.

"29 Other investments" elsewhere:

Forest Oil (FST)
National Fuel Gas Company (NFG)
Total S.A. (TOT)
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