2005 ANNUAL REPORT - Renault

Financial performance
Consolidated balance sheets by Division - December 31, 2004 (1)
Sales Interdivision Consolidated
ASSETS - 7 million Automobile Financing transactions ( 2) total
NON-CURRENT ASSETS
Property, plant and equipment intangible assets 13,814 528 (88) 14,254
Investments in associates 9,713 - - 9,713
Non-current financial assets –
investments in non-controlled entities 2,446 12 (2,224) 234
Non-current financial assets – other securities,
loans and derivatives on financing operations
of the Automobile Division 462 - - 462
Deferred tax assets and other non-current assets 799 140 29 968
Total non-current assets 27,234 680 (2,283) 25,631
CURRENT ASSETS
Inventories 5,130 12 - 5,142
Customer receivables 1,988 20,146 (449) 21,685
Current financial assets 1,498 526 (626) 1,398
Other current assets 1,750 1,964 (1,316) 2,398
Cash and cash equivalents 4,451 1,074 (4) 5,521
Total current assets 14,817 23,722 (2,395) 36,144
Total assets 42,051 24,402 (4,678) 61,775
SHAREHOLDERS’ EQUITY
AND LIABILITIES - 7 million
Shareholders’ equity 15,833 1,814 (1,783) 15,864
NON-CURRENT LIABILITIES
Deferred tax liabilities
and long-term provisions 2,339 236 45 2,620
Non-current financial liabilities 5,389 407 (392) 5,404
Other non-current liabilities 375 51 - 426
Total non-current liabilities 8,103 694 (347) 8,450
CURRENT LIABILITIES
Short-term provisions 846 64 - 910
Current financial liabilities 2,981 - (534) 2,447
Sales Financing liabilities - 21,226 (597) 20,629
Trade payables 7,307 - (73) 7,234
Other current liabilities and current tax liability 6,981 604 (1,344) 6,241
Total current liabilities 18,115 21,894 (2,548) 37,461
Total shareholders’ equity and liabilities 42,051 24,402 (4,678) 61,775
(1) 2004 figures restated for compliance with IFRS.
(2) Interdivision transactions are carried out under near-market conditions.
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2005 Renault Annual Report