Mercedes 1998 Annual Report Download - page 73

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69
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDER’S EQUITY
CONSOLIDATED BALANCE SHEETS
Assets
Intangible assets 10 3,004 2,561 2,422 104 51
Property, plant and equipment, net 10 34,649 29,532 28,558 53 39
Investments and long-term financial assets 16 3,344 2,851 2,397 632 631
Equipment on operating leases, net 11 17,203 14,662 11,092 12,001 9,571
Fixed assets 58,200 49,606 44,469 12,790 10,292
Inventories 12 13,840 11,796 10,897 654 505
Trade receivables 13 8,922 7,605 7,265 654 761
Receivables from financial services 14 31,054 26,468 21,717 26,460 21,658
Other receivables 15 12,642 10,775 11,3761) 5,936 6,214
Securities 16 14,267 12,160 10,180 597 418
Cash and cash equivalents 17 7,731 6,589 6,809 681 702
Current assets 88,456 75,393 68,244 34,982 30,258
Deferred taxes 8 5,885 5,016 5,688 17 14
Prepaid expenses 19 7,197 6,134 6,430 133 71
Total assets (thereof short-term
1998: € 57,953; 1997: € 54,370) 159,738 136,149 124,831 47,922 40,635
Liabilities and stockholders’ equity
Capital stock 3,005 2,561 2,391
Additional paid-in capital 8,534 7,274 2,958
Retained earnings 24,091 20,533 21,8921)
Accumulated other comprehensive income (1) (1) 1,143
Treasury stock – – (424)
Preferred stock –– .
Stockholders’ equity 20 35,629 30,367 27,960 4,639 4,379
Minority interests 810 691 782 17 28
Accrued liabilities 22 40,629 34,629 35,787 412 508
Financial liabilities 23 47,436 40,430 34,375 36,810 31,381
Trade liabilities 24 15,074 12,848 12,026 242 90
Other liabilities 25 10,851 9,249 7,912 2,366 1,610
Liabilities 73,361 62,527 54,313 39,418 33,081
Deferred taxes 8 4,886 4,165 2,502 2,665 2,366
Deferred income 26 4,423 3,770 3,487 771 273
Total liabilities (thereof short-term
1998: € 58,181; 1997: € 50,918) 124,109 105,782 96,871 43,283 36,256
Total liabilities and stockholders’ equity 159,738 136,149 124,831 47,922 40,635
Consolidated Financial Services
At December 31, At December 31,
1998
Note (Note 1) 1998 1997 1998 1997
(in millions) $€€€€
1) Includes a tax receivable/tax benefit of approximately € 1.49 billion relating to the special distribution (see Note 20).
The accompanying notes are an integral part of these Consolidated Financial Statements.
All balances have been restated from Deutsche Marks into Euros using the exchange rate as of January 1, 1999.