PIRELLI - Consolidated Balance Sheet

Consolidated Balance Sheet

ASSETS

(euro mln)	1H 10	9M 10	FY 10	1Q 11	1H 11	9M 11


Property, plant and equipment	1,867.2	1,820	1,977	1,973.3	2.040	2,102
Intangible assets	850.2	849	849	847.4	848	848
Investments in associates and joint ventures	131.6	134	153	137.1	136	153
Other financial assets	173.3	183	185	184.5	178	155
Deferred tax assets	72.3	72	70	65.6	61	62
Other receivables	162.5	157	316	323.1	337	183
Tax receivables	10.8	10	11	10.4	11	10
Financial instruments	-	-	-	-	-	-

	3,267.9	3,226.4	3560.0	3,541.6	3611,3	3,512.9
Inventories	669.8	635.0	692.3	747.0	844.3	890.4
Trade receivables	791.1	858.9	676.7	953.6	887.1	1024.8
Other receivables	254.0	271.8	175.0	214.9	255.6	420.9
Securities held for trading	136.4	247.9	209.8	205.3	224.8	239.5
Cash and cash equivalents	334.5	141.3	244.7	163.3	135.8	286.7
Tax receivables	43.4	45.4	25.2	26.0	30.0	28.3
Financial instruments	71,2	60,9	35.2	58.0	42.1	96.0
Owned asset for the distribution to shareholders	1.232.9	1.211.8	-	-		-

	3,533.4	3,473.0	2058.8	2.368.0	2419.6	2,986.0

Assets held for sale	-	-	-	-	-	-

	6,801.3	6,699.5	5618.8	5,909.7	6030.9	6,499.5

EQUITY AND LIABILITIES

(euro mln)	1H 10	9M 10	FY 10	1Q 11	1H 11	9M 11



Attributable to the equity holders of the company:	2,004.9	1,823.2	1,990.8	2,034.7	2013.6	2,026.5
Share capital	1,554.3	1,375.7	1,375.7	1.375.7	1343.3	1,343.3
Other reserves	616.1	534.4	593.3	576.1	508.6	427.9
Income (loss) for the year	(165.5)	(87.0)	21.8	82.8	161.7	255.3


Attributable to the minority interest:	311.4	309.1	37.2	37.3	33.6	23.4
Reserves	321.5	323.6	54.7	38.7	36.6	27.4
Income for the year	(10,1)	(14,5)	(17.5)	(1.4)	(3.0)	(4.0)



	2,316.3	2,132.3	2028.0	2,072.0	2047.2	2,049.9

Borrowings from banks and Other financial institutions	1,012.8	1,033.6	894.7	977.9	1054,9	1,367.1
Other payables	37.4	37.6	41.7	47.5	43.1	52.5
Provisions for Other liabilities and charges	159.6	153.4	165.7	162.1	164.6	153.4
Deferred tax liabilities	42.3	38.5	33.7	25.8	28.7	23.7
Employee benefit obligations	484.1	474.3	481.7	471.0	474.8	490.9
Tax payables	16.8	5.5	5.5	5.0	5.4	4.7
Financial instruments	-	-	-	-	-	-

	1,753.0	1,742.8	1.623,1	1,689.3	1771.5	2,092.3
Borrowings from banks and Other financial institutions	267.3	167.6	247.5	348.5	342.4	385.5
Trade payables	994.6	961.8	1,066.4	1,087.4	1140.8	1,206.3
Other payables	379.1	617.0	403.4	425.5	484.0	479.0
Provisions for Other liabilities and charges	117.1	117.8	116,0	115.1	111.3	101.5
Tax payables	65.3	86.3	64.6	98.1	71.1	83.3
Financial instruments	111,2	101,5	69.9	73.9	62.6	101.7
Liabilities related to asset held for the distribution to shareholder	797.4	772.4	-	-		-

	2,732.0	2,824.4	1.967,7	2,148.4	2212.2	2,357.3

Liabilities associated with assets held for sale	-	-	-	-	-	-

	6,801.3	6,699.5	5618.8	5,909.8	6030.9	6,449.5

Last Revised: 17 2011