+1 - Solvay

Financial
(32) Contingent liabilities
EUR Million 2006 2007
Liabilities and commitments of third parties guaranteed by the company 276 271
Additional milestones for Fournier 190 190
Litigation and other major commitments 22 17
The “Liabilities and commitments of third parties guaranteed by the company” relates mainly to guarantees given
to guarantee the payment of the VAT.
In 2007, the amount of milestones to be paid to former Fournier shareholders (EUR 190 million) is unchanged from
2006 and depends on market conditions and future product performances.
EUR 14 million under the litigation and other major commitments heading consists of a contingent liability linked
to the supply of ethylene (2006: EUR 19 million).
The amounts relating to Joint Ventures are included in the table below.
EUR Million 2006 2007
Liabilities and commitments of third parties guaranteed by the company 8 2
Litigation and other major commitments 0 0
105
(33) Joint ventures
The Joint Ventures are proportionately consolidated in the annual accounts at the following amounts
(see the list of proportionately consolidated companies).
EUR Million 2006 2007
Non-current assets 867 1 004
Current assets 578 665
Non-current liabilities 337 350
Current liabilities 458 527
Net sales 2 081 2 209
Cost of sales - 1 703 -1 791
Solvay Global Annual Report 2007