Consolidated Balance Sheets
as of December 31,
Assets
| € millions | Note | 2007 | 2006 |
| Cash and cash equivalents | (13) | 1,608 | 2,399 |
| Restricted cash | (13) | 550 | 0 |
| Short-term investments | (13) | 598 | 931 |
| Accounts receivable, net | (14) | 2,895 | 2,440 |
| Other assets | (15) | 541 | 371 |
| Deferred income taxes | (10) | 125 | 108 |
| Prepaid expenses/deferred charges | 76 | 75 | |
| Assets held for sale | (11) | 15 | 0 |
| Current assets | 6,408 | 6,324 | |
| Goodwill | (16) | 1,423 | 987 |
| Intangible assets, net | (16) | 403 | 263 |
| Property, plant, and equipment, net | (17) | 1,316 | 1,206 |
| Investments | (13) | 89 | 95 |
| Accounts receivable, net | (14) | 3 | 3 |
| Other assets | (15) | 555 | 533 |
| Deferred income taxes | (10) | 146 | 69 |
| Prepaid expenses/deferred charges | 23 | 23 | |
| Noncurrent assets | 3,958 | 3,179 | |
| Total assets | 10,366 | 9,503 |
Liabilities, Minority interests and Shareholders’ equity
| € millions | Note | 2007 | 2006 |
| Accounts payable | (18) | 715 | 610 |
| Income tax obligations | 341 |
261 | |
| Other liabilities | (18) | 1,456 |
1,298 |
| Provisions | (19) | 154 | 163 |
| Deferred income taxes | (10) | 47 | 36 |
| Deferred income | (5) | 477 | 405 |
| Liabilities held for sale | (11) | 9 | 0 |
| Current liabilities | 3,199 | 2,773 | |
| Accounts payable | (18) | 10 | 34 |
| Income tax obligations | 90 | 67 | |
| Other liabilities | (18) | 79 |
73 |
| Provisions | (19) | 369 |
339 |
| Deferred income taxes | (10) | 73 | 16 |
| Deferred income | (5) | 42 | 55 |
| Noncurrent liabilities | 663 | 584 | |
| Total liabilities | 3,862 | 3,357 | |
| Minority interests | 1 | 10 | |
| Common stock, no par value | 1,246 | 1,268 | |
| Authorized – Not issued or outstanding: 480 million and 495 million shares at December 31, 2007 and 2006 Authorized – Issued and outstanding: 1,246 million and 1,268 million shares at December 31, 2007 and 2006 |
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| Treasury stock | – 1,734 | – 1,742 | |
| Additional paid-in capital | 347 |
332 | |
| Retained earnings | 7,159 | 6,589 | |
| Accumulated other comprehensive loss | – 515 |
– 311 | |
| Shareholders’ equity | (20) | 6,503 | 6,136 |
| Total liabilities, Minority interests and Shareholders’ equity | 10,366 | 9,503 |
The accompanying Notes are an integral part of these Consolidated Financial Statements.
