Note 18 - Assets held for sale
|
|
|
|
|
|
$ million |
|---|---|---|---|---|---|---|
|
Dec 31, 2023 |
Dec 31, 2022 |
||||
|
Current |
Non-current |
Total |
Current |
Non-current |
Total |
Intangible assets |
— |
71 |
71 |
— |
— |
— |
Property, plant and equipment |
— |
250 |
250 |
— |
2,526 |
2,526 |
Joint ventures and associates |
— |
19 |
19 |
— |
94 |
94 |
Investments in securities |
— |
— |
— |
— |
128 |
128 |
Deferred tax |
— |
10 |
10 |
— |
— |
— |
Retirement benefits |
— |
1 |
1 |
— |
— |
— |
Trade and other receivables |
103 |
34 |
137 |
44 |
51 |
95 |
Inventories |
463 |
— |
463 |
8 |
— |
8 |
Assets classified as held for sale |
566 |
385 |
951 |
52 |
2,799 |
2,851 |
Debt |
2 |
82 |
84 |
3 |
1 |
4 |
Trade and other payables |
94 |
— |
94 |
256 |
22 |
278 |
Retirement benefits |
— |
53 |
53 |
— |
— |
— |
Decommissioning and other provisions |
7 |
68 |
75 |
134 |
971 |
1,105 |
Income taxes payable |
1 |
— |
1 |
8 |
— |
8 |
Liabilities directly associated with assets classified as held for sale |
104 |
203 |
307 |
401 |
994 |
1,395 |
At December 31, 2023, assets held for sale mainly related to an asset in Chemicals and Products in Europe, a Renewables and Energy Solutions project in North America and an asset within Marketing in Asia. All transactions that resulted in the reclassification of assets held for sale at December 31, 2023, are expected to be completed in 2024.
At December 31, 2022, assets held for sale mainly related to three Upstream projects. All transactions that resulted in assets held for sale reclassification at December 31, 2022, were completed in 2023.
