business plan for 2004 - EDP
business plan for 2004 - EDP
business plan for 2004 - EDP
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FINANCIAL STATEMENTS – SUMMARY<br />
<strong>EDP</strong> - Electricidade de Portugal, S.A.<br />
Consolidated Balance Sheet as at December 31, 2003 and 2002<br />
2003 2002<br />
Assets<br />
(Thousands of euros)<br />
Tangible fixed assets 11 651 599 11 204 237<br />
Intangible fixed assets 950 182 1 104 164<br />
Goodwill 899 514 738 955<br />
Investments 1 582 784 1 895 984<br />
Deferred taxes 609 338 545 979<br />
Customers 85 797 84 021<br />
Debtors and other sundry assets 350 045 176 563<br />
Total Non-Current Assets 16 129 259 15 749 903<br />
Inventories 159 236 150 305<br />
Customers 1 022 871 864 633<br />
Debtors and other sundry assets 429 390 573 211<br />
Accrued income and deferred costs 622 417 573 165<br />
Trading securities 143 953 175 258<br />
Cash and bank deposits 143 543 38 715<br />
Total Current Assets 2 521 410 2 375 287<br />
18 650 669 18 125 190<br />
Shareholders' Equity<br />
Share capital 3 000 000 3 000 000<br />
Treasury stock (49 020) (43 494)<br />
Reserves and retained earnings 1 965 918 2 202 460<br />
Consolidated net profit 381 109 335 216<br />
Total Shareholders' Equity 5 298 007 5 494 182<br />
Minority interests 236 485 65 199<br />
Hydrological correction account 387 506 324 111<br />
Liabilities<br />
Long term debt 5 913 579 6 107 042<br />
Provisions <strong>for</strong> liabilities and charges 819 574 806 282<br />
Deferred taxes 616 056 344 122<br />
Creditors and other liabilities 542 942 126 780<br />
Total Non-Current Liabilities 7 892 151 7 384 226<br />
Short term debt 1 579 130 1 887 033<br />
Creditors and other liabilities 1 238 991 1 242 000<br />
Accrued cost and deferred income 2 018 399 1 728 439<br />
Total Current Liabilities 4 836 520 4 857 472<br />
Total Liabilities 12 728 671 12 241 698<br />
18 650 669 18 125 190<br />
Note: See accompanying notes to the Financial Statements in the Financial Report.
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