Note 10 - Goodwill and other intangible assets
|
|
|
|
|
$ million |
||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
Other intangible assets |
|||||||||||
|
Goodwill |
LNG off-take and sales contracts |
Environmental certificates |
Other |
Total |
||||||||
Cost |
|
|
|
|
|
||||||||
At January 1 |
17,557 |
9,833 |
2,201 |
8,158 |
20,192 |
||||||||
Additions |
1,436 |
— |
3,837 |
1,721 [C] |
5,558 |
||||||||
Sales, retirements and other movements [A] |
(506) |
(99) |
(3,714) |
(376) |
(4,189) |
||||||||
Currency translation differences |
55 |
— |
67 |
139 |
206 |
||||||||
At December 31 |
18,542 |
9,734 |
2,391 |
9,642 |
21,767 |
||||||||
Depreciation, depletion and amortisation, including impairments |
|
|
|
|
|
||||||||
At January 1 |
1,518 |
6,060 |
|
4,470 |
10,530 |
||||||||
Charge for the year [B] |
635 |
790 |
|
442 |
1,232 |
||||||||
Sales, retirements and other movements [A] |
(296) |
(99) |
|
(222) |
(321) |
||||||||
Currency translation differences |
25 |
— |
|
73 |
73 |
||||||||
At December 31 |
1,882 |
6,751 |
|
4,763 |
11,514 |
||||||||
Carrying amount at December 31 |
16,660 |
2,983 |
2,391 |
4,879 [D] |
10,253 |
||||||||
|
|||||||||||||
|
|
|
|
|
$ million |
||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
Other intangible assets |
|||||||||||||
|
Goodwill |
LNG off-take and sales contracts |
Environmental certificates |
Other |
Total |
||||||||||
Cost |
|
|
|
|
|
||||||||||
At January 1 |
16,117 |
9,833 |
2,747 |
6,679 |
19,259 |
||||||||||
Additions |
1,954 |
— |
2,338 |
1,263 [C] |
3,601 |
||||||||||
Sales, retirements and other movements [A] |
(351) |
— |
(2,749) |
459 [D] |
(2,290) |
||||||||||
Currency translation differences |
(163) |
— |
(135) |
(243) |
(378) |
||||||||||
At December 31 |
17,557 |
9,833 |
2,201 |
8,158 |
20,192 |
||||||||||
Depreciation, depletion and amortisation, including impairments |
|
|
|
|
|
||||||||||
At January 1 |
1,197 |
5,267 |
|
4,219 |
9,486 |
||||||||||
Charge for the year [B] |
360 |
793 |
|
532 |
1,325 |
||||||||||
Sales, retirements and other movements [A] |
— |
— |
|
(137) |
(137) |
||||||||||
Currency translation differences |
(39) |
— |
|
(144) |
(144) |
||||||||||
At December 31 |
1,518 |
6,060 |
|
4,470 |
10,530 |
||||||||||
Carrying amount at December 31 |
16,039 |
3,773 |
2,201 |
3,688 [E] |
9,662 |
||||||||||
|
|||||||||||||||
Goodwill at December 31, 2023, related principally to the acquisition of BG Group plc in 2016, allocated to Integrated Gas ($4,945 million) and Upstream ($5,294 million) at the operating segment level, and to Pennzoil-Quaker State Company ($1,665 million), a lubricants business in the Marketing segment based largely in North America.
Additions to goodwill in 2023 of $1,436 million mainly related to goodwill recognised from acquisitions in Marketing ($1,304 million) and Renewables and Energy Solutions ($132 million).
