Registration document 2007 - Total.com
Registration document 2007 - Total.com
Registration document 2007 - Total.com
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9<br />
Consolidated balance sheet<br />
TOTAL<br />
As of December 31 (in M€)<br />
ASSETS 2006 2005 2004<br />
Non-current assets<br />
Intangible assets, net (note 5 & 10) 4,705 4,384 3,176<br />
Property, plant and equipment, net (note 5 & 11) 40,576 40,568 34,906<br />
Equity affiliates: investments and loans (note 12) 13,331 12,652 10,680<br />
Other investments (note 13) 1,250 1,516 1,198<br />
Hedging instruments of non-current financial debt (notes 20 & 27) 486 477 1,516<br />
Other non-current financial assets (note 14) 2,088 2,794 2,351<br />
<strong>Total</strong> non-current assets 62,436 62,391 53,827<br />
Current assets<br />
Inventories, net (note 15) 11,746 12,690 9,264<br />
Accounts receivable, net (note 16) 17,393 19,612 14,025<br />
Prepaid expenses and other current assets (note 16) 7,247 6,799 5,314<br />
Current financial assets (notes 20 & 27) 3,908 334 477<br />
Cash and cash equivalents 2,493 4,318 3,860<br />
<strong>Total</strong> current assets 42,787 43,753 32,940<br />
<strong>Total</strong> assets 105,223 106,144 86,767<br />
LIABILITIES & SHAREHOLDERS' EQUITY<br />
Shareholders’ equity<br />
Common shares 6,064 6,151 6,350<br />
Paid-in surplus and retained earnings 41,460 37,504 31,717<br />
Cumulative translation adjustment (1,383) 1,421 (1,429)<br />
Treasury shares (5,820) (4,431) (5,030)<br />
<strong>Total</strong> shareholders’ equity - Group share (note 17) 40,321 40,645 31,608<br />
Minority interests and subsidiaries’ redeemable preferred shares 827 838 810<br />
<strong>Total</strong> shareholders’ equity 41,148 41,483 32,418<br />
Non-current liabilities<br />
Deferred in<strong>com</strong>e taxes (note 9) 7,139 6,976 6,402<br />
Employee benefits (note 18) 2,773 3,413 3,607<br />
Other non-current liabilities (note 19) 6,467 7,051 6,274<br />
<strong>Total</strong> non-current liabilities 16,379 17,440 16,283<br />
Non-current financial debt (note 20) 14,174 13,793 11,289<br />
Current liabilities<br />
Accounts payable 15,080 16,406 11,672<br />
Other creditors and accrued liabilities (note 21) 12,509 13,069 11,148<br />
Current borrowings (note 20) 5,858 3,920 3,614<br />
Other current financial liabilities (notes 20 & 27) 75 33 343<br />
<strong>Total</strong> current liabilities 33,522 33,428 26,777<br />
<strong>Total</strong> liabilities and shareholders’ equity 105,223 106,144 86,767<br />
170<br />
Appendix 1 – Consolidated financial statements<br />
Consolidated balance sheet<br />
TOTAL – <strong>Registration</strong> Document 2006