Parent's balance sheet (FAS)

PARENT’S BALANCE SHEET (FAS)

€	31.12.2010	31.12.2009

ASSETS
NON-CURRENT ASSETS
INTANGIBLE ASSETS
Other capitalised long-term expenditure	4,513,294.58	6,173,722.48
Advance payments	1,736,613.77	1,472,260.89
	6,249,908.35	7,645,983.37
TANGIBLE ASSETS
Land and waters	80,873,372.49	97,192,920.76
Buildings	205,180,300.54	233,179,097.13
Machinery and equipment	2,863,976.71	3,867,441.64
Other tangible assets	5,293,574.24	6,639,197.75
Advance payments and construction in progress	2,840,181.75	4,639,483.95
	297,051,405.73	345,518,141.23
INVESTMENTS
Holdings in Group companies	290,883,006.31	264,122,468.86
Participating interests	50,428,962.48	17,767,798.60
Other shares and similar rights of ownership	11,269,659.86	7,285,332.58
	352,581,628.65	289,175,600.04
CURRENT ASSETS
DEBTORS
Long-term
Amounts owed by Group companies	301,952,665.95	410,731,848.84
Amounts owed by participating interests	1,546,010.01	1,546,010.01
Other long-term loan receivables	-	1,454,664.32
	303,498,675.96	413,732,523.17
Short-term
Trade debtors	133,107.69	146,040.27
Amounts owed by Group companies	419,278,113.48	296,808,568.37
Amounts owed by participating interests	1,031,965.85	2,072,193.08
Other receivables	529,725.06	197,328.26
Prepayments and accrued income	34,266,780.47	3,454,499.07
	455,239,692.55	302,678,629.05
INVESTMENTS
Other investments	762,309,168.71	635,648,380.60

CASH IN HAND AND AT BANKS	11,311,650.71	11,809,147.40

TOTAL ASSETS	2,188,242,130.66	2,006,208,404.86

LIABILITIES

CAPITAL AND RESERVES
Share capital	197,282,584.00	196,643,058.00
Share premium account	197,498,010.90	193,929,222.36
Other reserves	243,415,795.55	243,415,795.55
Retained earnings	719,178,076.45	669,668,254.41
Profit for the financial year	189,532,714.65	138,776,973.11
	1,546,907,181.55	1,442,433,303.43
APPROPRIATIONS
Depreciation reserve	80,033,522.19	91,612,421.32

PROVISIONS
Other provisions	2,004,418.01	7,833,178.72

CREDITORS
Non-current
Private placement notes	100,418,410.04	100,418,410.04
Loans from credit institutions	32,689,235.40	38,194,792.42
Other long-term creditors	13,200.00	-
	133,120,845.44	138,613,202.46

Current
Loans from credit institutions	-	7,049,203.44
Advances received	1,109.73	9,922.97
Other long-term creditors	2,745,213.39	2,333,672.26
Amounts owed to Group companies	373,586,139.84	238,966,256.30
Amounts owed to participating interests	34,211,919.86	38,387,884.71
Other debt	4,934,194.55	13,102,883.11
Accruals and deferred income	10,697,586.10	25,866,476.14
	426,176,163.47	325,716,298.93

TOTAL LIABILITIES	2,188,242,130.66	2,006,208,404.86

PARENT’S BALANCE SHEET (FAS)