Connect - Schneider Electric

5 CONSOLIDATED FINANCIAL STATEMENTS
CONSOLIDATED BALANCE SHEET
> 3. Consolidated balance sheet
Assets
(in millions of euros) Note Dec. 31, 2011 Dec. 31, 2010
Non-current assets
Goodwill, net 11 12,773 10,213
Intangible assets, net 12 4,704 4,258
Property, plant and equipment, net 13 2,573 2,337
Total tangible and intangible assets 7,277 6,595
Investments in associates 14 489 447
Available-for-sale fi nancial assets 15.1 296 410
Other non-current fi nancial assets 15.2 261 144
Non-current fi nancial assets 557 554
Deferred tax assets 16 1,444 1,023
Total non-current assets
Current assets
22,540 18,832
Inventories and work in progress 17 3,349 3,139
Trade accounts receivable 18 5,484 4,441
Other receivables and prepaid expenses 19 1,638 1,212
Current fi nancial assets 15.3 104 38
Cash and cash equivalents 20 2,771 3,389
Total current assets 13,346 12,219
TOTAL ASSETS 35,886 31,051
The accompanying notes are an integral part of the consolidated fi nancial statements.
156 2011 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC