Consolidated Balance Sheet

Consolidated Balance Sheet

• ASSETS >

	1H 08	9M 08	FY 08	1Q 09	1H 09	9M 09
Property, plant and equipment	1,629	1,648	1,598	1,599	1,618	1,612
Intangible assets	1,048	1,043	1,046	1,044	1,038	1,035
Investments in associates and joint ventures	570	653	515	509	530	523
Other financial assets	663	583	506	404	396	319
Deferred tax assets	62	61	72	73	78	80
Trade recivables	0	-	-	-	-	-
Other receivables	771	779	723	750	660	641
Tax receivables	13	12	10	11	9	9
Financial instruments	4	5	3	6	-	-
NON-CURRENT ASSETS	4,701	4,766	4,474	4,397	4,330	4,220
Inventories	841	902	921	824	760	673
Trade receivables	1,008	1,046	788	886	829	923
Other receivables	237	255	240	254	204	205
Securities held for trading	105	144	116	119	105	135
Cash and cash equivalents	334	219	254	242	238	413
Tax receivables	41	43	46	42	41	39
Financial instruments	34	59	94	40	32	28
CURRENT ASSETS	2,600	2,668	2,459	2,409	2,209	2,416
Assets held for sale	36	-	-	-	-	-
TOTAL ASSETS	7,336	7,434	6,933	6,806	6,538	6,636





• EQUITY >

	1H 08	9M 08	FY 08	1Q 09	1H 09	9M 09
Attributable to the equity holders of the company:	2,608	2,500	2,172	2,129	2,202	2,245
Share capital	1,555	1,555	1,554	1,554	1,554	1,554
Other reserves	1,090	996	965	565	642	672
Income (loss) for the year	(36.2)	(51.3)	(347.5)	10	6	18
Attributable to the minority interest:	394	309	203	173	168	326
Reserves	368	294	268	182	186	353
Income for the year	27	15	(65)	(8)	(19)	(27)
TOTAL EQUITY	3,002	2,809	2.374	2,302	2,370	2,571





• LIABILITIES >

	1H 08	9M 08	FY 08	1Q 09	1H 09	9M 09
Borrowings from banks and other financial institutions	538	545	1,378	1,355	1,287	1,355
Other payables	38	58	48	38	23	25
Provisions for other liabilities and charges	152	142	141	147	156	164
Deferred tax liabilities	43	40	38	39	42	43
Employee benefit obligations	418	413	367	360	391	374
Tax payables	9	10	10	10	10	10
Financial instruments	8	5	2	2	-	-
NON-CURRENT LIABILITIES	1,207	1,213	1,984	1,952	1,909	1,971
Borrowings from banks and other financial institutions	1,355	1,582	694	974	722	449
Trade payables	1,089	1,111	1,109	841	803	833
Other payables	482	506	482	448	465	513
Provisions for other liabilities and charges	88	91	136	160	143	158
Tax payables	52	58	44	58	40	55
Financial instruments	45	64	110	70	86	85
CURRENT LIABILITIES	3,111	3,412	2,575	2,552	2,260	2,094
Liabilities associated with assets held for sale	16	-	-	-	-	-
TOTAL EQUITY AND LIABILITIES	7,336	7,434	6,933	6,806	6,538	6,636