Merck 2008 Annual Report Download - page 78

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Balance Sheet
€ million Note
Dec. 31,
2008
Dec. 31,
2007
Current assets
Cash and cash equivalents [16] 692.7 426.6
Marketable securities and financial assets [17] 176.8 565.3
Trade accounts receivable [18] 1,659.4 1,378.3
Inventories [19] 1,407.4 1,158.5
Other current assets [20] 283.3 226.4
Tax receivables [21] 139.1 43.5
Assets held for sale [22] –26.9
4,358.7 3,825.5
Non-current assets
Intangible assets [23] 8,203.4 8,164.6
Property, plant and equipment [24] 2,440.1 2,274.5
Investments at equity [25] 1.3 1.4
Non-current financial assets [25] 97.4 130.3
Other non-current financial assets [20] 63.7 61.8
Deferred tax assets [12] 480.1 464.2
11, 286.0 11,0 96 .8
Total assets 15,644.7 14,922.3
Current liabilities
Current financial liabilities [26] 266.2 300.4
Trade accounts payable [27] 843.7 646.9
Other current liabilities [28] 694.2 981.3
Tax liabilities [29] 347.2 337.1
Current provisions [30] 227.1 297.0
Liabilities held for sale [22] –8.0
2,378.4 2,570.7
Non-current liabilities
Non-current financial liabilities [26] 1,080.1 1,046.6
Other non-current liabilities [28] 19.6 39.5
Non-current provisions [30] 563.4 570.0
Provisions for pensions and other post-employment benefits [31] 1,144.0 1,185.5
Deferred tax liabilities [12] 896.2 822.4
3,703.3 3,664.0
Net equity [32]
Equity capital 565.2 565.2
Reserves 8,940.2 8,060.5
Minority interest 57.6 61.9
9,563.0 8,687.6
Total liabilities and stockholders’ equity 15,644.7 14,922.3
Notes to the
Balance Sheet:
see page 98
CONSOLIDATED FINANCIAL STATEMENTS OF THE MERCK GROUP 73
78 Statement of Changes
in Net Equity including
Minority Interest
79 Notes
72 Income Statement
73 Balance Sheet
74 Segment Reporting
76 Cash Flow Statement
77 Free Cash Flow
77 Statement of Recognized
Income and Expense