Annual Report 2009

A N N U A L R E P O R T 2 0 0 9 44 CONSOLIDATED STATEMENT OF FINANCIAL POSITION As at 31 December 2009 (in euros) Note 31 December 2009 31 December 2008 ASSETS NON-CURRENT ASSETS Property, plant and equipment 8 228 019 177 233 114 652 Intangible assets 9 1 598 635 2 121 163 Goodwill 9 1 768 335 1 768 335 Investments in associates 7 949 870 1 186 616 Other financial assets 10 1 332 383 1 992 166 Deferred tax asset 11 217 528 552 878 Total non-current assets 233 885 928 240 735 810 CURRENT ASSETS Inventories 12 84 300 331 111 243 942 Trade receivables and other financial assets 14 70 561 558 113 238 399 Income tax receivable 1 738 724 3 055 666 Other assets 705 380 830 114 Cash and cash equivalents 15 13 258 980 22 655 215 Total current assets 170 564 973 251 023 336 TOTAL ASSETS 404 450 901 491 759 146 EQUITY AND LIABILITIES CAPITAL AND RESERVES Share capital 16 81 060 590 79 138 784 Treasury shares 16 - - Legal and other funds 16 4 400 536 -372 735 Retained earnings 139 938 573 156 669 555 Equity attributable to equity holders of ŽP 225 399 699 235 435 604 Minority interests 8 392 500 17 273 518 Total equity 233 792 199 252 709 122 LIABILITIES NON-CURRENT LIABILITIES Interest-bearing loans and borrowings 17 27 287 609 53 929 894 Other financial liabilities 18 5 343 632 10 125 174 Payables from employee benefits 19 4 743 281 6 214 400 Provisions 20 6 447 286 7 290 347 Deferred tax liability 11 7 481 874 6 755 660 Total non-current liabilities 51 303 682 84 315 475 CURRENT LIABILITIES Interest-bearing loans and borrowings 17 68 599 817 66 868 784 Trade and other financial payables 21 46 776 537 80 355 341 Income tax payable 314 316 3 179 015 Other liabilities 3 664 350 4 331 409 Total current liabilities 119 355 020 154 734 549 Total liabilities 170 658 702 239 050 024 TOTAL EQUITY AND LIABILITIES 404 450 901 491 759 146