Consolidated Balance Sheets

in millions of euro

	2007	2006
Non-current assets
Goodwill	1,420	1,531
Other intangibles assets	82	82
Property, plant & equipment and intangible assets including software	294	324
Prepaid pensions, deferred tax and other non-current assets	556	562
Total non-current assets	2,352	2,500
Current assets
Inventories	498	520
Trade receivable	700	867
Other receivables	198	218
Cash*	50	73
Total current assets	1,446	1,678
Total assets	3,799	4,178
Group equity
Shareholders' equity	1,543	1,463
Minority interest	40	64
Group equity	1,583	1,527
Non-current liabilities
Preference shares and loans*	1,011	1,284
Deferred tax, pension obligations, derivatives and provisions	200	206
Total non-current liabilities	1,211	1,490
Current liabilities
Loans and bank overdrafts*	138	83
Trade payables	547	720
Other liabilities	319	358
Total current liabilities	1,004	1,161
Total equity and liabilities	3,799	4,178
Working capital	563	560
Capital employed	2,356	2,491
Net interest-bearing debt	1,097	1,294

* These are components of net-interest-bearing debt.