Registration Document 2005 - Total.com

9
Appendix 1 – Consolidated financial statements
Notes to the consolidated financial statements
Exhibit 1: Consolidated balance sheet as of january 1 and December 31, 2004 under IFRS
224 TOTAL - Registration Document 2005
French
GAAP Inventories
january 1, 2004
Treasury
shares
Employee
benefits
Amounts in millions of euros
Intangible assets, net 2,017 (21)
Plant, property and equipment, net 36,286 (97)
Equity affiliates: investments and loans 7,833
Other investments 1,162
Hedging instruments of non-current financial debt
Other non-current assets 3,152 (304) (479)
Total non-current assets 50,450 (401) (500)
Inventories, net 6,137 1,649
Accounts receivable, net 12,357
Prepaid expenses and other current assets 4,779 (8) (3)
Current financial instruments
Short-term investments 1,404 (1,388)
Cash and cash equivalents 4,836
Total current assets 29,513 1,641 (1,388) (3)
TOTAL ASSETS 79,963 1,240 (1,388) (503)
Common shares 6,491
Paid in surplus and retained earnings 27,183 1,028 (1,388) (508)
Cumulative translation adjustment (3,268)
Total shareholders’ equity - Group share 30,406 1,028 (1,388) (508)
Minority interests and subsidiaries’ redeemable preferred shares 1,060 12 (4)
Total shareholders’ equity 31,466 1,040 (1,388) (512)
Deferred income taxes 5,443 186 (92)
Employees benefits 3,818 3
Other non-current liabilities 6,344 98
Non-current liabilities 15,605 186 9
Non-current financial debt 9,783
Accounts payable 10,304
Other creditors and accrued liabilities 8,970 14
Current borrowings 3,835
Current financial instruments
Total current liabilities 23,109 14
TOTAL LIABILITIES 79,963 1,240 (1,388) (503)