Balance Sheet of the Company Financial Statements

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(in €m)   31st December
  Note 2005 2004
       
Assets      
Goodwill 2 4,354 4,354
Financial assets 2 11,638 13,944
Loans 2 1,740 695
Fixed assets   17,732 18,993
Receivables and other assets 3 3,959 2,248
Securities 4 846 304
Cash and cash equivalents 4 7,252 6,985
Non-fixed assets   12,057 9,537
Total assets   29,789 28,530
Liabilities and stockholders’ equity      
Capital stock 5 818 810
General reserves 5 12,908 15,400
Stockholders’ equity   13,726 16,210
Financial liabilities   357 309
Liability for puttable instruments 6 3,500 3,500
Other liabilities 7 12,206 8,511
Liabilities   16,063 12,320
Total liabilities and stockholders’ equity   29,789 28,530

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