12.01

Consolidated balance sheets

Landmark tree, Sydney

Consolidated cash flow statements

Before proposed appropriation of net income
  At 31 December 2004
  2004 % VARIANCE 2003
Fixed assets      
O 1 Intangible assets      
Goodwill 2,375   2,309
Other intangible assets 128   112
  2,503 3.4 2,421
O 2 Property, plant and equipment      
Land and buildings 960   981
Plant and equipment 464   469
Other property, plant and equipment 453   485
Construction in progress 47   74
  1,924 (4.2) 2,009
O 3 Financial fixed assets      
Investments in affiliated companies 82   79
Loans receivable from affiliated companies 2   2
Other loans receivable 21   158
Prepayments and accrued income 551   388
  656 4.6 627
Total fixed assets 5,083 0.5 5,057
Current assets      
O 4 Inventory 46   49
O 5 Accounts receivable 2,129   1,977
O 6 Prepayments and accrued income 391   362
O 7 Cash and cash equivalents 633   470
Total current assets 3,199 11.9 2,858
Total assets 8,282 4.6 7,915
(in € millions, except percentage)
  • The figures # O in the line items of these financial statements refer to the notes to the financial statements.
  • The accompanying notes form an integral part of the financial statements.

TPG Annual Report 2004 | top 100

  At 31 December
  2004 % VARIANCE 2003
O 8 Group equity      
Capital and reserves 3,219   2,969
Minimum pension liability (454)    
Shareholders’ equity 2,765 (6.9) 2,969
Minority interests 19   17
Total group equity 2,784 (6,8) 2,986
Provisions      
O 21 Deferred tax liabilities 218   143
O 9 Provisions for pension liabilities 870   521
O 10 Other provisions 149   153
Total provisions 1,237 51.4 817
Long-term liabilities      
O 11 Long term debt 1,440   1,474
O 11 Accrued liabilities 206   187
Total long-term liabilities 1,646 (0.9) 1,661
Current liabilities      
Trade accounts payable 670   687
O 12 Other current liabilities 637   540
O 13 Accrued current liabilities 1,308   1,224
Total current liabilities 2,615 6.7 2,451
Total liabilities and group equity 8,282 4.6 7,915
(in €millions, except percentage)
  • The figures # O in the line items of these financial statements refer to the notes to the financial statements.
  • The accompanying notes form an integral part of the financial statements.

TPG Annual Report 2004 | top 101