REGISTRATION DOCUMENT - Bourbon

5ParentCOMPANY FINANCIAL STATEMENTScompany balance sheetPARENT COMPANY BALANCE SHEETASSETS(in € thousands)12.31.2011 12.31.2010Depreciation,amortization andprovisions Net NetGrossI. FIXED ASSETSIntangible assetsOther intangible assets - - - -Property, plant and equipmentLand - - - -Buildings - - - -Other property, plant and equipment - - - -Fixed assets in progress - - - -Long-term financial assetsEquity interests 64,169 16,918 47,251 47,083Receivables from non-consolidated companies - - - -Loans - - - -TOTAL I 64,169 16,918 47,251 47,083II. CURRENT ASSETSInventoriesIn progress - - - -Advances and installments on orders - - - -Accounts receivableTrade and other receivables 147 142 5 5Other receivables 686,051 - 686,051 622,471OtherMarketable securities 76,143 17,971 58,172 76,045Cash on hand and in banks 1,127 - 1,127 1,462Deferred expenses 78 - 78 78TOTAL II 763,546 18,113 745,433 700,061Currency translation difference – assets - - - -TOTAL ASSETS 827,715 35,031 792,684 747,144126BOURBON - 2011 Registration Document