Consolidated balance sheet

For the year ended 31 December 2008


In millions of EUR 
Note  2008  2007 
Restated*
Assets
Property, plant & equipment 14 6,314  4,673
Intangible assets 15 7,109  2,110
Investments in associates and joint ventures   1,145  892
Other investments 17 641  397
Advances to customers   346  209
Deferred tax assets 18 259  316
Total non-current assets   15,814  8,597
Inventories 19 1,246  883  
Other investments 17 14  14
Trade and other receivables 20 2,504  1,769
Prepayments and accrued income   231  110
Cash and cash equivalents 21 698  560
Assets classified as held for sale 7 56  21
Total current assets   4,749  3,357
Total assets   20,563  11,954

Equity
Share capital   784  784
Reserves   (74) 692
Retained earnings   3,761  3,928
Equity attributable to equity holders of the Company 22 4,471 5,404
Minority interests   281  307
Total equity   4,752  5,711
Liabilities
Loans and borrowings 24 9,084  1,295
Employee benefits 26 688  586
Provisions 28 344  158
Deferred tax liabilities 18 637  427
Total non-current liabilities   10,753  2,466
Bank overdrafts 21 94  251
Loans and borrowings 24 875  787
Trade and other payables 29 3,846  2,525  
Tax liabilities   85  71
Provisions 28 158  143
Total current liabilities   5,058  3,777
Total liabilities   15,811  6,243
Total equity and liabilities   20,563  11,954
*
= Refer to change in accounting policies as described in note 3(b).