Consolidated Balance Sheets December 31,  December 31, (Cdn$ in millions) 2012 2011 Assets Current assets Cash and cash equivalents (Note 10)  $ 3,267 $ 4,405 Current income and resource taxes receivable  141 101  Trade accounts receivable 1,285 1,242  Inventories (Note 11) 1,880 1,641 6,573 7,389 Financial and other assets  (Note 12) 973 1,138 Investments in associates  (Note 13) 828 715 Property, plant and equipment  (Note 14)  24,377 23,150 Deferred income and resource tax assets  (Note 18)  229 180 Goodwill  (Note 15) 1,637 1,647 $ 34,617 $ 34,219 Liabilities and Equity Current liabilities Trade accounts payable and other liabilities (Note 16)  $ 1,468 $ 1,435  Dividends payable 262 235 Current income and resource taxes payable  55 93  Debt (Note 17) 35 359 1,820 2,122 Debt  (Note 17) 7,160 6,676 Deferred income and resource tax liabilities  (Note 18) 5,447 5,342 Retirement benefit liabilities  (Note 19)  743 691 Other liabilities and provisions  (Note 20)  1,470 1,495 16,640 16,326 Equity Attributable to shareholders of the company  17,801 17,721 Attributable to non-controlling interests 176 172 17,977 17,893 $ 34,617 $ 34,219 Contingencies  (Note 22) Commitments  (Note 23) Approved on behalf of the Board of Directors Hugh J. Bolton  Chairman of the Audit Committee  The accompanying notes are an integral part of these financial statements. Generations 79 Janice G. Rennie Director