Financial statements

Consolidated balance sheet

€ million Note December 28, 2008 December 30, 2007

Assets
     
Property, plant and equipment 11 5,532 5,390
Investment property 12 495 463
Intangible assets 13 598 603
Investments in joint ventures 14 802 869
Other non-current financial assets 15 485 397
Deferred tax assets 10 358 370
Other non-current assets   26 25
Total non-current assets   8,296 8,117

Assets held for sale
5 179 206
Inventories 16 1,319 1,263
Receivables 17 744 941
Other current financial assets   18 22
Income taxes receivable   66 7
Other current assets   107 125
Cash and cash equivalents 18 2,863 3,263
Total current assets   5,296 5,827
       
Total assets   13,592 13,944

Group equity and liabilities
     
Equity attributable to common shareholders 19 4,676 3,810
Non-controlling interests   77
Group equity   4,676 3,887

Loans
20 2,260 2,658
Other non-current financial liabilities 21 1,664 1,688
Pensions and other post-employment benefits 22 113 183
Deferred tax liabilities 10 115 34
Provisions 23 442 408
Other non-current liabilities 24 184 153
Total non-current liabilities   4,778 5,124

Accounts payable
  2,284 2,240
Other current financial liabilities 25 579 1,342
Income taxes payable   101 126
Provisions 23 170 196
Other current liabilities 26 1,004 1,029
Total current liabilities   4,138 4,933
       
Total group equity and liabilities   13,592 13,944

The accompanying notes are an integral part of these consolidated financial statements.