|
Condensed balance sheet, assets | |||||
|
€ million |
31/03/2012 |
in (%) |
31/12/2011 |
in (%) |
Δ in % |
|
|
|
|
|
|
|
|
Non-current assets |
4,146 |
68.0% |
4,160 |
68.6% |
-0.4% |
|
thereof: |
|
|
|
|
|
|
Goodwill |
1,540 |
25.3% |
1,538 |
25.4% |
0.2% |
|
Brand names |
594 |
9.8% |
594 |
9.8% |
0.0% |
|
Deferred tax assets |
247 |
4.0% |
262 |
4.3% |
-5.8% |
|
Leased assets |
542 |
8.9% |
540 |
8.9% |
0.4% |
|
Lease receivables |
244 |
4.0% |
243 |
4.0% |
0.7% |
|
|
|
|
|
|
|
|
Current assets |
1,947 |
32.0% |
1,906 |
31.4% |
2.2% |
|
thereof: |
|
|
|
|
|
|
Inventories |
691 |
11.3% |
625 |
10.3% |
10.5% |
|
Trade receivables |
704 |
11.5% |
677 |
11.2% |
4.0% |
|
Lease receivables |
120 |
2.0% |
118 |
2.0% |
1.6% |
|
Cash |
302 |
5.0% |
373 |
6.2% |
-19.2% |
|
Total assets |
6,093 |
|
6,066 |
|
0.4% |
Total Assets
Total assets increased by €26 million from €6,066 million as of 31 December 2011 to €6,093 million as of 31 March 2012. Mainly due to the higher EBIT in Q1/2012 and the utilisation of existing deferred tax assets, the non-current assets decreased by €15 million. Current assets increased by €41 million from €1,906 million to €1,947 million. With the higher revenues realised in Q1/2012 trade receivables increased by €27 million, inventories by €66 million and sales tax receivables by €11 million compared to 31 December 2011. Other current assets decreased by €52 million and included a decrease of €72 million in cash and cash equivalents and an increase of €11 million in the sales tax receivables due to higher revenues.
Trade Working Capital
Equity
Liquidity
|
Condensed balance sheet, equity and liabilities | |||||
|
€ million |
31/03/2012 |
in (%) |
31/12/2011 |
in (%) |
Δ in % |
|
|
|
|
|
|
|
|
Equity |
-487 |
-8.0% |
-488 |
-8.0% |
0.1% |
|
Non-current liabilities |
4,846 |
79.5% |
4,842 |
79.8% |
0.1% |
|
thereof: |
|
|
|
|
|
|
Shareholder loan |
650 |
10.7% |
643 |
10.6% |
1.1% |
|
Corporate bond |
488 |
8.0% |
488 |
8.0% |
0.1% |
|
Financial liabilities |
2,281 |
37.4% |
2,290 |
37.7% |
-0.4% |
|
Deferred tax liabilities |
321 |
5.3% |
339 |
5.6% |
-5.3% |
|
Lease liabilities |
466 |
7.7% |
471 |
7.8% |
-1.0% |
|
|
|
|
|
|
|
|
Current liabilities |
1,734 |
28.5% |
1,711 |
28.2% |
1.3% |
|
thereof: |
|
|
|
|
|
|
Financial liabilities |
247 |
4.1% |
227 |
3.7% |
8.7% |
|
Trade payables |
620 |
10.2% |
634 |
10.5% |
-2.2% |
|
Lease liabilities |
229 |
3.8% |
230 |
3.8% |
-0.5% |
|
Total equity and liabilities |
6,093 |
|
6,066 |
|
0.4% |