OFFERING MEMORANDUM Global Offering of up to ... - Nordex

Assets
(Combined)
pro forma CONSOLIDATED BALANCE SHEETS
according to IAS
in a subsumed 3-year presentation
as of September 30, 2000
as of September 30, 1999
as of September 30, 1998
Note
A. Fixed assets (5.1)
I. Intangible assets
Balance at
Sep. 30, 2000
pro forma
Balance at
Sep. 30, 1999
pro forma
Balance at
Sep. 30, 1998
pro forma
E E E
1. Concessions, franchises, industrial-property
and similar rights and assets, as well as licenses
thereto 4,554,282.41 2,182,357.28 883,186.32
2. Prepayments on intangibles 1,270,960.32 579,284.00 177,976.41
II. Property, plant and equipment
5,825,242.73 2,761,641.28 1,061,162.73
1. Land and buildings 3,058,658.79 818,956.47 725,616.39
2. Production plant and machinery 3,518,700.77 3,921,845.74 1,545,267.23
3. Other plant, factory and office equipment 3,398,352.04 2,431,732.42 912,003.98
4. Prepayments on property, plant and
equipment, and construction in progress 4,662,885.52 2,114,063.80 234,955.53
III. Financial assets
14,638,597.12 9,286,598.43 3,417,843.13
1. Shares in unconsolidated group companies 222,330.78 233,761.11 0.00
2. Investments 760,784.92 540,044.38 0.00
B. Current assets
I. Inventories (5.2)
983,115.70 773,805.49 0.00
21,446,955.55 12,822,045.20 4,479,005.86
1. Raw materials and supplies 27,785,126.16 29,741,689.59 14,170,865.73
2. Work in process 8,189,596.97 11,403,473.02 2,966,961.15
3. Prepayments made 9,745,945.40 4,755,606.68 4,434,790.57
45,720,668.53 45,900,769.29 21,572,617.45
less prepayments received (31,816,916.18) (23,984,574.53) (5,011,695.55)
13,903,752.35 21,916,194.76 16,560,921.90
II. Future receivables under long-term
construction contracts (5.3) 35,062,530.25 16,704,467.81 1,072,303.40
III. Receivables and other current assets (5.4)
1. Trade receivables 63,364,341.85 20,011,839.42 4,182,167.51
2. Due from Babcock Borsig Group companies 11,807,700.37 9,110,075.31 630,549.79
3. Receivables under investor/investee
relations 8,781.48 0.00 255,645.94
4. Sundry current assets 3,003,784.41 841,124.62 1,583,559.77
78,184,608.11 29,963,039.35 6,651,923.01
IV. Cash and cash equivalents 2,634,180.25 370,633.34 587,620.73
129,785,070.96 68,954,335.26 24,872,769.04
C. Prepaid expenses and deferred charges (5.5) 1,316,310.03 79,441.10 43,665.28
D. Deferred tax assets (6.10) 552,986.71 137,955.24 0.00
153,101,323.25 81,993,776.80 29,395,440.18
F-3