2012

Operating assets
Operating cash
Accounts receivable
Inventory
Property and plant

60
940
910
2840
4750

Financial assets
Short-term investments (at market)

NOA
NFO

Reformulated balance sheet

2011
Operating liabilities
50
Accounts payable
790
Accrued liabilities
840
2710
4390
Financial liabilities

550

500

2012
3160
1290

2011
2900
1470

Long-term debt

260
-180

2012

2011

1200
390

1040
450

1590

1490

1840

1970

2012
Operating assets
Operating cash
Accounts receivable
Inventories
Land
Plant assets
Less: accumulated
depreciation

435000
40000
100000
400000
200000
-100000
1075000

Reformulated balance sheet

2011
Operating liabilities
50000
Accounts payable
0
0
800000
200000
0
1050000

Financial assets
Short-term investments

Financial liabilities
150000

0
Capital stock

NOA
NFA

2012
1050000
150000

2011
1050000
0

0
150000

2012

2011

25000

25000

0
1050000

0
1050000

Reformulated balance sheet

(in millions of dollars)
2012
Operating assets
640
Financial assets
250
890
Financial debt
170
Operating liabilities
20
Common equity
700
890

2011
590
110
700
130
30
540
700