Consolidated Balance Sheet
Consolidated Balance Sheet € in thousands
| (Note) | Dec. 31 2005 |
Dec. 31 20041) |
Change in % |
|
|---|---|---|---|---|
| Cash and cash equivalents | (5) | 1,524,916 | 195,997 | 678.0 |
| Short-term financial assets | (6) | 60,949 | 258,950 | (76.5) |
| Accounts receivable | (7) | 964,814 | 1,046,322 | (7.8) |
| Inventories | (8) | 1,230,003 | 1,155,374 | 6.5 |
| Other current assets | (9) | 585,937 | 378,303 | 54.9 |
| Total current assets | 4,366,619 | 3,034,946 | 43.9 | |
| Property, plant and equipment, net | (10) | 424,354 | 367,928 | 15.3 |
| Goodwill, net | (11) | 436,312 | 572,426 | (23.8) |
| Other intangible assets, net | (12) | 91,241 | 96,312 | (5.3) |
| Long-term financial assets | (13) | 114,270 | 93,134 | 22.7 |
| Deferred tax assets | (27) | 195,211 | 166,539 | 17.2 |
| Other non-current assets | (14) | 122,234 | 102,599 | 19.1 |
| Total non-current assets | 1,383,622 | 1,398,938 | (1.1) | |
| Total assets | 5,750,241 | 4,433,884 | 29.7 | |
| Short-term borrowings | (15) | - | 185,837 | (100.0) |
| Accounts payable | 684,077 | 591,689 | 15.6 | |
| Income taxes | (27) | 282,736 | 167,334 | 69.0 |
| Accrued liabilities and provisions | (16) | 633,695 | 558,121 | 13.5 |
| Other current liabilities | (17) | 189,906 | 195,884 | (3.1) |
| Total current liabilities | 1,790,414 | 1,698,865 | 5.4 | |
| Long-term borrowings | (15) | 1,035,115 | 933,949 | 10.8 |
| Pensions and similar obligations | (18) | 147,925 | 128,676 | 15.0 |
| Deferred tax liabilities | (27) | 42,185 | 77,915 | (45.9) |
| Other non-current liabilities | (19) | 22,289 | 30,784 | (27.6) |
| Total non-current liabilities | 1,247,514 | 1,171,324 | 6.5 | |
| Share capital | 129,950 | 117,399 | 10.7 | |
| Reserves | 700,004 | (104,905) | 767.3 | |
| Retained earnings | 1,853,883 | 1,531,403 | 21.1 | |
| Shareholders' equity | (21) | 2,683,837 | 1,543,897 | 73.8 |
| Minority interests | (20) | 28,476 | 19,798 | 43.8 |
| Total equity | 2,712,313 | 1,563,695 | 73.5 | |
| Total liabilities and equity | 5,750,241 | 4,433,884 | 29.7 |
The accompanying notes are an integral part of these consolidated financial statements. 1) Restated due to application of IAS 32/IAS 39 and amendment to IAS 19 (see notes 20, 15 and 2, respectively) |