(in €m)

December 31,

Note

2006

2005

Assets

Fixed assets

Goodwill

2

4,354

4,354

Financial fixed assets

2

12,298

12,706

16,652

17,060

Non-fixed assets

Receivables and other assets

3

4,387

3,959

Securities

4

1,660

5,005

Cash and cash equivalents

4

6,862

3,093

12,909

12,057

Total assets

29,561

29,117

Liabilities and stockholders’ equity

Stockholders’ equity⁽¹⁾

5

Issued and paid up capital

816

818

Share premium

8,160

8,715

Revaluation reserves

3,657

2,359

Other legal reserves

1.472

1.993

Treasury shares

(349)

(445)

Retained earnings

(741)

(386)

13,015

13,054

Non-current liabilities

Financial liabilities

6

320

357

Non current other liabilities

6

1,518

1,523

1,838

1,880

Current liabilities

Liability for puttable instruments

7

-

3,500

Current other liabilities

8

14,708

10,683

14,708

14,183

Total liabilities and stockholders` equity

29,561

29,117