Annual report 20108.31 MB - Boskalis

Financial statements 2010Consolidated balance sheetDecember 31(in € 1,000) Note 2010 2009AssetsNon-current assetsIntangible assets [13] 593,677 13,595Property, plant and equipment [14] 2,178,625 1,059,788Investments in associated companies [15] 20,617 298,674Non-current receivables [16] 40,373 6,019Derivatives [26] 106 354Deferred income tax assets [12] 18,706 6,7132,852,104 1,385,143Current assetsInventories [17] 86,906 69,671Due from customers [18] 197,170 140,086Trade and other receivables [19] 793,339 601,636Derivatives [26] 4,930 3,279Income tax receivable [11] 23,060 8,899Cash and cash equivalents [20] 357,744 594,8361,463,149 1,418,407Total assets 4,315,253 2,803,550Group equityIssued capital [21] 80,779 78,921Share premium [21] 231,335 232,076Other reserves [21] 150,803 77,181Retained earnings [21] 1,102,053 907,589Shareholders' equity 1,564,970 1,295,767Non-controlling interests 34,324 9,154Total group equity [21] 1,599,294 1,304,921LiabilitiesNon-current liabilitiesInterest-bearing borrowings [22] 705,003 57,438Employee benefits [23] 35,896 13,740Deferred income tax liabilities [12] 104,135 29,232Provisions [24] 42,986 6,384Derivatives [26] 21,496 6,959909,516 113,753Current liabilitiesDue to customers [18] 479,264 507,213Interest-bearing borrowings [22] 102,766 22,645Bank overdrafts [20] 1,475 1,347Income tax payable [11] 163,107 105,324Trade and other payables [25] 1,022,113 727,668Derivatives [26] 23,211 18,915Provisions [24] 14,507 1,7641,806,443 1,384,876Total liabilities 2,715,959 1,498,629Total group equity and liabilities 4,315,253 2,803,550The notes on pages 74 to 122 are an integral part of these consolidated financial statements.70 Annual Report 2010