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Note 16 - Trade and other payables

 

 

 

 

$ million

 

Dec 31, 2021

Dec 31, 2020

 

Current

Non-current

Current

Non-current

Trade payables

34,136

22,664

Other payables [A]

9,617

1,675

6,941

1,843

Sales taxes, excise duties and similar levies

3,522

2,895

Amounts due to joint ventures and associates

4,793

36

3,281

39

Accruals and deferred income

11,105

364

8,791

422

Total

63,173

2,075

44,572

2,304

[A]

Includes obligations under environmental compliance schemes of $4,016 million as at December 31, 2021 (2020: $2,053 million). (See Note 31)

The fair value of financial liabilities included above approximates the carrying amount and was determined from predominantly unobservable inputs.

Other payables include amounts due to joint arrangement partners and in respect of other project-related items.

Information about offsetting, collateral and liquidity risk is presented in Note 20.