20.8 INFLATION ADJUSTMENTS IN THE NETHERLANDS 20 • 17Millions of Euros 2005 2004Assets 42,411 36,536
Property, plant, and equipment
Current value 28,819 27,433
Depreciation –13,672 –13,613
15,147 13,820
Intangible assets 30 82
Investments in nonconsolidated associated
companies 1,747 1,518
Sundry noncurrent cost 1,058 630
Stocks
Factory stocks 6,840 6,625
Commercial stocks 6,789 6,335
13,629 12,960
Advanced payments by customers –1,255 –986
12,374 11,974
Accounts receivable
Trade debtors 9,900 9,532
Discounted bills –452 –451
9,448 9,081
Other accounts receivable 895 665
Prepaid expenses (^738) 624
11,081 10,370
Liquid assets
Marketable securities 165 143
Cash at bank and in hand 1,128 1,190
1,293 1,333
42,730 39,727
Capital and Liabilities
Shareholders’ interests
Ordinary share capital 1,806 1,705
Reserves 10,785 9,846
12,591 11,551
Deferred gearing adjustment 1,556 1,435
Minority interests 1,620 1,419
Deferred tax liabilities due to revaluation 1,722 1,675
Long-term liabilities and provisions
Provisions 3,540 3,523
Convertible debenture loans 471 493
Convertible private loans — 400
Other debenture loans 2,151 1,770
Other long-term liabilities 3,871 3,257
10,033 9,443
Short-term liabilities and provisions
Provisions 1,864 1,405
Bank credits 3,837 3,676
Accounts payable 6,543 6,358
Tax on profit 300 371
Accrued expenses 2,345 2,085
Profit available for distribution 275 129
Distribution out of retained profit (^34) 180
15,198 14,204
42,730 39,727
Exhibit 20.8. Combined Statement of Financial Position.