Porsche 2010 Annual Report Download - page 237
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1 The financial statements of Porsche SE have been prepared in accordance with German accounting standards (HGB) and are
published in the elektronischer Bundesanzeiger (German Electronic Federal Gazette). They can be obtained from Porsche SE,
Financial Press and Investor Relations, Porscheplatz 1, 70435 Stuttgart, Germany.
Balance sheet of Porsche Automobil Holding SE as of
31 December 20101
€ million 31/12/2010 31/7/2010
Assets
Non-current assets
Financial assets 24,771 24,771
24,771 24,771
Current assets
Trade receivables 4,027 4,348
Other receivables and assets 302 230
Cash and cash equivalents 622 887
4,951 5,465
Prepaid expenses 35 53
29,757 30,289
Equity and liabilities
Equity
Subscribed capital 175 175
Capital reserves 122 122
Retained earnings 17,102 12,185
Net profit available for distribution 440 4,495
17,839 16,977
Provisions
Provisions for pensions and similar obligations 7 6
Sundry provisions 258 1,566
265 1,572
Liabilities
Liabilities to banks 7,000 7,000
Trade payables 18 3
Sundry liabilities 4,635 4,737
11,653 11,740
29,757 30,289