Balance Sheet

BALANCE SHEET

€ million	Note	Dec. 31, 2007	Dec. 31, 2008
ASSETS
Intangible assets	(9)	33	145
Property, plant and equipment	(10)	1,459	1,646
Investments accounted for using the equity method	(11)	33	49
Investments in other affiliated companies	(12)	1	2
Non-current derivative assets		0	43
Other non-current financial assets	(13)	85	72
Deferred taxes	(5)	93	137
Other non-current assets	(14)	102	134
Non-current assets		1,806	2,228
Inventories	(15)	895	1,048
Trade receivables	(16)	809	725
Cash and cash equivalents	(17)	189	249
Current derivative assets		72	34
Other current financial assets	(13)	128	155
Current income tax receivables		5	56
Other current assets	(18)	145	156
Current assets		2,243	2,423
Total assets		4,049	4,651
EQUITY AND LIABILITIES
Capital stock and capital reserves		889	889
Other reserves		811	840
Net income		112	171
Accumulated other comprehensive loss		(304)	(509)
Equity attributable to minority interest		17	16
Equity	(19)	1,525	1,407
Provisions for pensions and other post-employment benefits	(20)	470	483
Other non-current provisions	(21)	242	261
Non-current derivative liabilities		0	30
Other non-current financial liabilities	(22)	601	986
Non-current income tax liabilities		36	91
Other non-current liabilities	(23)	47	46
Deferred taxes	(5)	60	47
Non-current liabilities		1,456	1,944
Other current provisions	(21)	371	395
Trade payables	(24)	487	484
Current derivative liabilities		6	79
Other current financial liabilities	(25)	59	168
Current income tax liabilities		16	12
Other current liabilities	(23)	129	162
Current liabilities		1,068	1,300
Total equity and liabilities		4,049	4,651