The Vorwerk Annual Report 2OO8

CONSOLIDATED BALA NCE SHEETAs at 31 December 2008Assets 2008 20071 000 1 000A. Fixed AssetsI. Intangible Assets1. Concessions, patents, trademarks and similar rightsas well as licences thereto 13,569 17,7602. Goodwill 283,952 295,1483. Payments on account 250 276297,771 313,184II. Tangible Assets1. Land, land rights and buildings,including buildings on third-party land 47,613 42,0972. Technical plants and machinery 36,692 33,2043. Other fixtures, fittings and office equipment 28,661 23,6744. Payments on account and assets under construction 10,910 6,141123,876 105,116III. Financial Assets1. Participations in associated companies 43,799 21,7732. Other participations 5,458 1,6113. Long-term investments 3,096 3,0214. Other loans 335 85552,688 27,260Fixed Assets 474,335 445,560B. Current AssetsI. Inventories1. Raw materials and consumables 27,421 31,0482. Work in progress, services in progress 6,967 5,7093. Finished products and merchandise 70,760 67,1944. Payments on account 68 219105,216 104,170II. Receivables and other Assets1. Trade accounts receivable; 373,310 345,105of which with a remaining term of more than 1 year: (1,290) (1,249)2. Accounts receivable from associated companies 10,643 2,7713. Other assets; 78,375 93,980of which with a remaining term of more than 1 year: (2,035) (2,122)462,328 441,856III. Other Securities 402,517 389,805IV. Cheques, Cash in Hand,Bank Balances 194,015 247,292Current Assets 1,164,076 1,183,123C. Prepaid Expenses and Deferred Charges 6,872 7,088D. Deferred Tax Assets 2,980 7,4371,648,263 1,643,20840