VINCI - 2005 annual report
VINCI - 2005 annual report VINCI - 2005 annual report
CONSOLIDATED IFRS BALANCE SHEET Assets (in € millions) Notes 2005 2004 Non-current assets Intangible assets 2-3-10 103.7 82.0 Goodwill 2-3-11-12 813.1 776.9 Concession intangible fixed assets 2-3-4-13 5,741.0 5,024.1 Property, plant and equipment 2-3-4-14 2,214.8 2,006.7 Investment property 16 47.2 41.9 Investments in associates 2-3-17 1,595.5 1,558.5 Other non-current financial assets 18 240.4 288.0 Fair value of derivative financial instruments (non-current assets) 25 199.6 244.7 Deferred tax assets 8 210.5 167.2 Total non-current assets 11,165.7 10,190.0 Current assets Inventories and work in progress 19 540.7 542.8 Trade and other operating receivables 19 8,334.3 7,279.8 Other current assets 19 218.6 157.3 Current tax assets 8 62.5 24.4 Other current financial assets 18 39.9 129.6 Fair value of derivative financial instruments (current assets) 25 47.9 104.4 Cash management financial assets 21-25 4,340.4 3,687.4 Cash 21-25 1,144.0 830.4 Total current assets 14,728.1 12,756.1 Total assets 25,893.9 22,946.0 190 VINCI 2005 ANNUAL REPORT
CONSOLIDATED FINANCIAL STATEMENTS Equity and liabilities (in € millions) Notes 2005 2004 Equity Share capital 983.2 838.1 Share premium 2,247.5 1,231.5 Treasury shares (335.8) (130.3) Consolidated reserves 849.4 350.1 Currency translation reserves 31.3 (5.7) Net profit for the period attributable to equity holders of the parent 871.2 731.6 Net income recognised directly in equity (0.0) 0.6 Equity attributable to equity holders of the parent 4,646.8 3,015.9 Minority interest 671.7 598.6 Total equity 22 5,318.5 3,614.6 Non-current liabilities Provisions for retirement benefit obligations and other employee benefits 23 654.0 677.6 Non-current provisions 24 143.3 165.4 Bonds 25 3,588.3 4,619.9 Other loans and borrowings 25 1,831.8 1,520.8 Fair value of derivative financial instruments (non-current liabilities) 25 8.6 34.6 Other non-current liabilities 32.0 14.4 Deferred tax liabilities 8 210.6 169.6 Total non-current liabilities 6,468.7 7,202.3 Current liabilities Current provisions 2-3-24 1,445.4 1,382.8 Trade payables 19 5,002.3 4,619.2 Fair value of derivative financial instruments (current liabilities) 25 3.5 45.5 Other current payables 19 5,498.6 4,743.6 Current tax payables 8 253.9 213.6 Current borrowings 25 1,903.1 1,124.6 Total current liabilities 14,106.7 12,129.2 Total equity and liabilities 25,893.9 22,946.0 191
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CONSOLIDATED FINANCIAL STATEMENTS<br />
Equity and liabilities<br />
(in € millions) Notes <strong>2005</strong> 2004<br />
Equity<br />
Share capital 983.2 838.1<br />
Share premium 2,247.5 1,231.5<br />
Treasury shares (335.8) (130.3)<br />
Consolidated reserves 849.4 350.1<br />
Currency translation reserves 31.3 (5.7)<br />
Net profit for the period attributable to equity holders of the parent 871.2 731.6<br />
Net income recognised directly in equity (0.0) 0.6<br />
Equity attributable to equity holders of the parent 4,646.8 3,015.9<br />
Minority interest 671.7 598.6<br />
Total equity 22 5,318.5 3,614.6<br />
Non-current liabilities<br />
Provisions for retirement benefit obligations and other employee benefits 23 654.0 677.6<br />
Non-current provisions 24 143.3 165.4<br />
Bonds 25 3,588.3 4,619.9<br />
Other loans and borrowings 25 1,831.8 1,520.8<br />
Fair value of derivative financial instruments (non-current liabilities) 25 8.6 34.6<br />
Other non-current liabilities 32.0 14.4<br />
Deferred tax liabilities 8 210.6 169.6<br />
Total non-current liabilities 6,468.7 7,202.3<br />
Current liabilities<br />
Current provisions 2-3-24 1,445.4 1,382.8<br />
Trade payables 19 5,002.3 4,619.2<br />
Fair value of derivative financial instruments (current liabilities) 25 3.5 45.5<br />
Other current payables 19 5,498.6 4,743.6<br />
Current tax payables 8 253.9 213.6<br />
Current borrowings 25 1,903.1 1,124.6<br />
Total current liabilities 14,106.7 12,129.2<br />
Total equity and liabilities 25,893.9 22,946.0<br />
191
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