sain t-gobain annu al report 2008 annual report

SHAREHOLDERS’ EQUITY AND LIABILITIES 2008 2007 2006
(in € thousands)
SHAREHOLDERS’ EQUITY (Note 9)
Capital stock 1,530,288 1,496,865 1,473,679
Additional paid-in capital 3,786,714 3,467,466 3,167,609
Revaluation reserve 55,532 55,532 56,242
Other reserves:
Legal reserve (a) 153,029 149,686 147,368
Untaxed reserves 2,617,758 2,617,758 2,617,757
Other reserves 301,428 301,428 301,428
Unappropriated retained earnings 1,610,624 1,506,206 1,278 081
Net income for the year 1,263,527 871,150 849,187
Untaxed provisions (Note 11) 6,439 6,438 6,439
Total I 11,325,339 10,472,529 9,897,790
OTHER EQUITY (Note 10)
Non-voting participating securities Total I bis 170,035 170,035 170,035
PROVISIONS (Note 11)
Provisions for contingencies 84,048 88,326 79,842
Provisions for charges 67,434 62,193 56,242
Total II 151,482 150,519 136,084
LIABILITIES (1) (Note 12)
Bonds 6,258,699 5,680,066 3,206,394
Bank borrowings (2) 2,292,346 201,747 3,529,223
Other borrowings 7,174,125 6,807,481 5,695,018
Tax and social charges payable 113,379 57,769 88,192
Other payables 74,675 42,012 63,853
Accruals
Deferred income – – –
Total III 15,913,224 12,789,075 12,582,680
Translation gains Total IV 17 1,205 667
TOTAL SHAREHOLDERS’ EQUITY AND LIABILITIES 27,560,097 23,583,363 22,787,256
(a) of which long-term capital gains reserve 14,225 14,225 14,225
(1) of which due beyond one year 9,820,722 8,608,975 9,220,071
of which due within one year 6,092,502 4,180,101 3,362,609
(2) of which short-term bank loans and overdrafts 83,489 29,388 273,498
FINANCIAL STATEMENTS
189
Saint-Gobain – Financial Report 2008