Registration document 2007 - Total.com

9
Consolidated balance sheet
TOTAL
As of December 31 (in M€)
ASSETS 2006 2005 2004
Non-current assets
Intangible assets, net (note 5 & 10) 4,705 4,384 3,176
Property, plant and equipment, net (note 5 & 11) 40,576 40,568 34,906
Equity affiliates: investments and loans (note 12) 13,331 12,652 10,680
Other investments (note 13) 1,250 1,516 1,198
Hedging instruments of non-current financial debt (notes 20 & 27) 486 477 1,516
Other non-current financial assets (note 14) 2,088 2,794 2,351
Total non-current assets 62,436 62,391 53,827
Current assets
Inventories, net (note 15) 11,746 12,690 9,264
Accounts receivable, net (note 16) 17,393 19,612 14,025
Prepaid expenses and other current assets (note 16) 7,247 6,799 5,314
Current financial assets (notes 20 & 27) 3,908 334 477
Cash and cash equivalents 2,493 4,318 3,860
Total current assets 42,787 43,753 32,940
Total assets 105,223 106,144 86,767
LIABILITIES & SHAREHOLDERS' EQUITY
Shareholders’ equity
Common shares 6,064 6,151 6,350
Paid-in surplus and retained earnings 41,460 37,504 31,717
Cumulative translation adjustment (1,383) 1,421 (1,429)
Treasury shares (5,820) (4,431) (5,030)
Total shareholders’ equity - Group share (note 17) 40,321 40,645 31,608
Minority interests and subsidiaries’ redeemable preferred shares 827 838 810
Total shareholders’ equity 41,148 41,483 32,418
Non-current liabilities
Deferred income taxes (note 9) 7,139 6,976 6,402
Employee benefits (note 18) 2,773 3,413 3,607
Other non-current liabilities (note 19) 6,467 7,051 6,274
Total non-current liabilities 16,379 17,440 16,283
Non-current financial debt (note 20) 14,174 13,793 11,289
Current liabilities
Accounts payable 15,080 16,406 11,672
Other creditors and accrued liabilities (note 21) 12,509 13,069 11,148
Current borrowings (note 20) 5,858 3,920 3,614
Other current financial liabilities (notes 20 & 27) 75 33 343
Total current liabilities 33,522 33,428 26,777
Total liabilities and shareholders’ equity 105,223 106,144 86,767
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Appendix 1 – Consolidated financial statements
Consolidated balance sheet
TOTAL – Registration Document 2006