BP » Topics » Note 25 - Receivables

This excerpt taken from the BP 20-F filed Jun 13, 2006.

Note 25 — Receivables

 
  December 31, 2004

  December 31, 2003

 
  Within
1 year

  After
1 year (a)

  Within
1 year

  After
1 year (a)

 
  ($ million)

Trade receivables   31,223     23,487  
   
 
 
 
Other receivables:                
  Joint ventures   14     44  
  Associated undertakings   210   23   337   53
  Prepayments and accrued income   7,188   1,874   3,445   2,023
  Taxation recoverable   157   2   78   14
  Other   5,603   402   3,993   428
   
 
 
 
    13,172   2,301   7,897   2,518
   
 
 
 

        Provisions for doubtful debts deducted from Trade receivables amounted to $526 million ($441 million at December 31, 2003).


(a)
See Note 50 — US generally accepted accounting principles.

F - 41


This excerpt taken from the BP 20-F filed Jun 30, 2005.

Note 25 — Receivables

 
  December 31, 2004

  December 31, 2003

 
  Within
1 year

  After
1 year (a)

  Within
1 year

  After
1 year (a)

 
  ($ million)

Trade receivables   31,223     23,487  
   
 
 
 
Other receivables:                
  Joint ventures   14     44  
  Associated undertakings   210   23   337   53
  Prepayments and accrued income   7,188   1,874   3,445   2,023
  Taxation recoverable   157   2   78   14
  Other   5,603   402   3,993   428
   
 
 
 
    13,172   2,301   7,897   2,518
   
 
 
 

        Provisions for doubtful debts deducted from Trade receivables amounted to $526 million ($441 million at December 31, 2003).


(a)
See Note 50 — US generally accepted accounting principles.

F - 42


EXCERPTS ON THIS PAGE:

20-F
Jun 13, 2006
20-F
Jun 30, 2005
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