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
   
   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.