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Note 19 - Trade and other payables

 

 

 

 

$ million

 

Dec 31, 2023

Dec 31, 2022

 

Current

Non-current

Current

Non-current

Trade payables

34,591

42,632

Other payables [A]

9,887

2,835

10,059

3,148

Sales taxes, excise duties and similar levies

3,105

3,270

Amounts due to joint ventures and associates

7,519

33

8,441

31

Accruals and deferred income

13,135

235

14,955

253

Total

68,237

3,103

79,357

3,432

[A]

Includes obligations under environmental compliance schemes of $4,046 million as at December 31, 2023 (2022: $4,710 million). (See Note 5).

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 25.