|
|
At 31 December
|
|
|
|
|
|
Before proposed appropriation of profit
|
2007 |
variance %
|
2006 |
|
|
ASSETS
|
|
|
|
|
|
Non-current assets
|
|
|
|
|
|
Investments in group companies |
4,250 |
|
3,672 |
|
|
Investments in associates |
77 |
|
56 |
|
|
Financial fixed assets at fair value |
11 |
|
|
|
|
Deferred tax assets |
1 |
|
5 |
|
|
|
|
|
|
|
|
Total financial fixed assets
|
4,339
|
16.2
|
3,733
|
|
|
Pension asset |
631 |
27.5
|
495 |
|
|
|
|
|
|
|
|
Total non-current assets
|
4,970
|
17.5
|
4,228
|
|
|
|
|
|
|
|
|
Current assets
|
|
|
|
|
|
Accounts receivable from group companies |
5 |
|
97 |
|
|
Other accounts receivable |
1 |
|
30 |
|
|
Cash and cash equivalents |
7 |
|
16 |
|
|
|
|
|
|
|
|
Total current assets
|
13
|
(90.9)
|
143
|
|
|
|
|
|
|
|
|
Total assets
|
4,983
|
14.0
|
4,371
|
|
|
|
|
|
|
|
|
LIABILITIES AND EQUITY
|
|
|
|
|
|
Shareholders equity
|
|
|
|
|
|
Issued share capital |
182 |
|
203 |
|
|
Additional paid in capital |
982 |
|
1,245 |
|
|
Cumulative translation adjustment |
(82) |
|
(5) |
|
|
Hedge reserves |
(22) |
|
(21) |
|
|
Unappropriated profit |
871 |
|
561 |
|
|
|
|
|
|
|
|
Total shareholders' equity
|
1,931
|
(2.6)
|
1,983
|
|
|
|
|
|
|
|
|
Non-current liabilities
|
|
|
|
|
|
Long term debts |
1,019 |
|
1,004 |
|
|
Total non-current liabilities
|
1,019
|
1.5
|
1,004
|
|
|
|
|
|
|
|
|
Current liabilities
|
|
|
|
|
|
Accounts payable to group companies |
1,289 |
|
1,292 |
|
|
Short term provision |
44 |
|
47 |
|
|
Other current liabilities |
671 |
|
33 |
|
|
Accrued current liabilities |
29 |
|
12 |
|
|
|
|
|
|
|
|
Total current liabilities
|
2,033
|
46.9
|
1,384
|
|
|
|
|
|
|
|
|
Total liabilities and equity
|
4,983
|
14.0
|
4,371
|
|
|
- (in € millions, except percentages)
— the figures in the line items of these financial statements refer to the notes to the financial statements. — the accompanying notes form an integral part of the financial statements. |
