Merck Annual Report 2007

[ XLS ]

€ million	Note	Dec. 31, 2007	Dec. 31, 2006
Current assets
Cash and cash equivalents	[16]	426.6	460.1
Marketable securities and financial assets	[17]	565.3	133.1
Trade accounts receivable	[18]	1,378.3	1,252.9
Inventories	[19]	1,158.5	1,218.3
Other current assets	[20]	226.4	172.1
Tax receivables	[21]	43.5	77.5
Assets held for sale	[22]	26.9	–
		3,825.5	3,314.0
Non-current assets
Intangible assets	[23]	8,164.6	1,063.5
Property, plant and equipment	[24]	2,274.5	1,779.8
Investments at equity	[25]	1.4	1.3
Non-current financial assets	[25]	130.3	1,640.4
Other non-current financial assets	[20]	61.8	34.4
Deferred tax assets	[12]	464.2	269.1
		11,096.8	4,788.5

Total assets		14,922.3	8,102.5


Current liabilities
Current financial liabilities	[26]	300.4	498.4
Trade accounts payable	[27]	646.9	608.0
Other current liabilities	[28]	981.3	552.3
Tax liabilities	[29]	337.1	205.5
Current provisions	[30]	297.0	201.0
Liabilities held for sale	[22]	8.0	–
		2,570.7	2,065.2
Non-current liabilities
Non-current financial liabilities	[26]	1,046.6	613.6
Other non-current liabilities	[28]	39.5	7.3
Non-current provisions	[30]	570.0	284.6
Provisions for pensions and other post-employment benefits	[31]	1,185.5	1,282.3
Deferred tax liabilities	[12]	822.4	42.1
		3,664.0	2,229.9
Net equity	[32]
Equity capital		565.2	496.6
Reserves		8,060.5	3,256.7
Minority interest		61.9	54.1
		8,687.6	3,807.4

Total liabilities and stockholders’ equity		14,922.3	8,102.5

Balance Sheet Audited by KPMG